FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value of Assets and Liabilities Measured on Recurring Basis

The following table sets forth, by level within the fair value hierarchy, our financial assets and liabilities that are accounted for at fair value on a recurring basis as of September 30, 2018 and December 31, 2017. As required by ASC 820, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement (in thousands):

	September 30, 2018
	(unaudited)
	Quoted Prices in Active Markets for Identical Items (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total
Liabilities:
Contingent consideration1	$	—	$	—		$	435	$	435
Net investment hedge	$	—	$	(3,710	)	$	—	$	(3,710	)
Embedded derivative in convertible debt2	$	—	$	—		$	—	$	—

	December 31, 2017
	Quoted Prices in Active Markets for Identical Items (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)		Total
Liabilities:
Contingent consideration1	$	—	$	—		$	1,712	$	1,712
Net investment hedge	$	—	$	(3,246	)	$	—	$	(3,246	)
Embedded derivative in convertible debt2	$	—	$	20,594		$	—	$	20,594

__________________________

1 Inclusive of both current and noncurrent portions.

2 The embedded derivative liability was reclassified to stockholders’ equity as of May 17, 2018 and is no longer marked to fair value each period, as discussed in Note 8.

Summary of Changes in Fair Value of Level 3 Contingent Consideration

The following table represents the changes in the fair value of Level 3 contingent consideration liabilities (in thousands):

	Nine Months Ended September 30, 2018
	(unaudited)
Balance, beginning of period	$	1,712
Accretion of liability	39
Foreign currency effects	(8		)
Payment	(1,106		)
Revaluation	(202		)
Balance, end of period	$	435