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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The following tables show the fair values of the Company’s financial assets and liabilities measured at fair value as of June 30, 2016 and December 31, 2015:
 
 
As of June 30, 2016
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Cash and cash equivalents
 
$
280,724

 
$
280,724

 
$

 
$

Time deposits and restricted cash
 
246

 

 
246

 

Employee loans
 
6,162

 

 

 
6,162

Total assets measured at fair value
 
$
287,132

 
$
280,724

 
$
246

 
$
6,162

 
 
 
 
 
 
 
 
 
Performance-based equity awards
 
$
104

 
$

 
$

 
$
104

Cash-settled restricted stock units
 
806

 
806

 

 

Total liabilities measured at fair value
 
$
910

 
$
806

 
$

 
$
104

 
 
As of December 31, 2015
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Cash and cash equivalents
 
$
199,449

 
$
199,449

 
$

 
$

Time deposits and restricted cash
 
30,419

 

 
30,419

 

Employee loans
 
6,338

 

 

 
6,338

Total assets measured at fair value
 
$
236,206

 
$
199,449

 
$
30,419

 
$
6,338

 
 
 
 
 
 
 
 
 
Performance-based equity awards
 
$
5,364

 
$

 
$

 
$
5,364

Total liabilities measured at fair value
 
$
5,364

 
$

 
$

 
$
5,364

Reconciliation of Liabilities Measured on Recurring Basis, Unobservable Input
A reconciliation of the beginning and ending balances of acquisition-related contractual contingent liabilities using significant unobservable inputs (Level 3) for the six months ended June 30, 2016, is as follows:
 
Amount
Contractual contingent liabilities at January 1, 2016
$
5,364

Liability-classified stock-based awards
2,574

Changes in fair value of contractual contingent liabilities included in earnings
121

Settlements of contractual contingent liabilities — stock
(7,955
)
Contractual contingent liabilities at June 30, 2016
$
104