XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2018
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value on a Recurring Basis
The following table summarizes the financial assets and liabilities required to be measured at fair value on a recurring basis as of September 30, 2018 (in thousands):
 
Quoted Prices in
Active Markets
for Identical
Assets (Level 1)
 
Significant  Other
Observable
Inputs (Level 2)
 

Unobservable
Inputs (Level 3)
Assets:
 
 
 
 
 
Money market instruments
$
2,717

 
$
—

 
$
—

Corporate bonds
—

 
314,106

 
—

Treasury bills
—

 
226,058

 
—

Asset-backed securities
—

 
131,549

 
—

Sovereign bonds
—

 
14,437

 
—

Agency bonds
—

 
8,909

 
—

Municipal bonds
—

 
6,886

 
—

Economic hedge forward contracts
—

 
21

 
—

Liabilities:
 
 
 
 
 
Economic hedge forward contracts
—

 
91

 
—

Contingent consideration liabilities
—

 
—

 
2,507
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
The following table summarizes the activity for the Company's liability measured at fair value using Level 3 inputs for the nine-month period ended September 30, 2018 (in thousands):
Balance as of December 31, 2017
$
3,557

Fair value adjustment to Manatee contingent consideration
(1,350
)
Fair value adjustment to GVi contingent consideration
1,130

Fair value adjustment to Chiaro contingent consideration
170

Payment of GVi contingent consideration
(1,000
)
Balance as of September 30, 2018
$
2,507