Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2017

Assets Measured at Fair Value on Recurring Basis

The following fair value hierarchy table presents information about each major category of the Company’s assets measured at fair value on a recurring basis as of March 31, 2017 (in thousands):

	Fair value measurement at reporting date using:
	Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant unobservable inputs (Level 3)		Total
Assets:
Money market funds	$	85,292	$	—	$	—	$	85,292
U.S. Government and agency securities		402		—		—		402
Corporate and other debt securities		—		11,778		—		11,778
Total	$	85,694	$	11,778	$	—	$	97,472

Rollforward of Fair Value of Contingent Consideration

The following table provides a rollforward of the fair value of contingent consideration (in thousands):

Balance at December 31, 2016	$	6,119
Payments		(6,119	)
Balance at March 31, 2017	$	—