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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Carried at Fair Value on Recurring Basis

The following table summarizes financial assets and liabilities that are carried at fair value on a recurring basis on the Condensed Consolidated Balance Sheets:

 

In thousands

 

 

 

 

 

 

Fair Value Measurements Using

 

 

Total as of

September 30, 2017

 

 

Level 1

Inputs

 

 

Level 2

Inputs

 

 

Level 3

Inputs

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term investments

$

69

 

 

$

69

 

 

$

 

 

$

 

Derivative financial instruments

 

389

 

 

 

 

 

 

389

 

 

 

 

Total

$

458

 

 

$

69

 

 

$

389

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

$

14,799

 

 

$

 

 

$

 

 

$

14,799

 

 

In thousands

 

 

 

 

 

 

Fair Value Measurements Using

 

 

Total as of

December 31, 2016

 

 

Level 1

Inputs

 

 

Level 2

Inputs

 

 

Level 3

Inputs

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term investments

$

62

 

 

$

62

 

 

$

 

 

$

 

Derivative financial instruments

 

816

 

 

 

 

 

 

816

 

 

 

 

Total

$

878

 

 

$

62

 

 

$

816

 

 

$

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

$

24,119

 

 

$

 

 

$

 

 

$

24,119

 

 

Changes to Contingent Consideration

Changes to contingent consideration are reflected in the table below:

 

In thousands

 

Contingent consideration as of January 1, 2017

$

24,119

 

Increase due to current year acquisitions

 

53

 

Purchase accounting adjustments

 

(10,000

)

Decrease due to payments

 

(206

)

Change due to foreign currency fluctuations

 

149

 

Change in fair value reflected in selling, general, and administrative expenses

 

893

 

Other

 

(209

)

Contingent consideration as of September 30, 2017

$

14,799