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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary of Items Measures at Fair Value on Recurring Basis

The following is a summary of items that the Company measured at fair value during the periods:

 

 

 

Fair Value at December 31, 2019

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PM contingent liabilities

 

$

 

 

$

 

 

$

314

 

 

$

314

 

Valla contingent consideration

 

 

 

 

 

 

 

 

205

 

 

 

205

 

Forward currency exchange contracts

 

 

 

 

 

99

 

 

 

 

 

 

99

 

Total liabilities at fair value

 

$

 

 

$

99

 

 

$

519

 

 

$

618

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value at December 31, 2018

 

Asset:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Marketable securities

 

$

2,160

 

 

$

 

 

$

 

 

$

2,160

 

Forward currency exchange contracts

 

 

 

 

 

91

 

 

 

 

 

 

91

 

Total current assets at fair value

 

$

2,160

 

 

$

91

 

 

$

 

 

$

2,251

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PM contingent liabilities

 

$

 

 

$

 

 

$

321

 

 

$

321

 

Valla contingent consideration

 

 

 

 

 

 

 

 

210

 

 

 

210

 

Interest rate swap contracts

 

 

 

 

 

2

 

 

 

 

 

 

2

 

Total liabilities at fair value

 

$

 

 

$

2

 

 

$

531

 

 

$

533

 

Summary of Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

 

 

 

Fair Value Measurements Using Significant

Unobservable Inputs (level 3)

 

Liabilities:

 

PM Contingent

Liability

 

 

Valla

Contingent

Consideration

 

 

Total

 

Balance at December 31, 2018

 

$

321

 

 

$

210

 

 

$

531

 

Effect of change in exchange rates

 

 

(7

)

 

 

(5

)

 

 

(12

)

Balance at December 31, 2019

 

$

314

 

 

$

205

 

 

$

519