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Fair Value Measurement (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities
The Company’s financial assets and liabilities, subject to fair value measurements, as of December 31, 2017 and 2016 are as follows: 












Note E – Fair Value Measurement (continued)

 
 
 
 
December 31, 2017
 
 
 
 
Fair Value Measurements
Using Fair Value Hierarchy
 
 
Fair value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Cash equivalents
 
$
58,436

 
$
58,436

 
$

 
$

Current marketable securities – available for sale
 
64,027

 
64,027

 

 

Long-term marketable securities – available for sale
 
29,523

 
29,523

 

 

Total assets
 
$
151,986

 
$
151,986

 
$

 
$

Liabilities:
 
 

 
 

 
 

 
 

Contingent consideration
 
$
10,000

 
$

 
$

 
$
10,000

Forward contracts
 
783

 

 
783

 

Total liabilities
 
$
10,783

 
$

 
$
783

 
$
10,000




 
 
 
 
December 31, 2016
 
 
 
 
Fair Value Measurements
Using Fair Value Hierarchy
 
 
Fair value
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 

 
 

 
 

 
 

Cash equivalents
 
$
3,309

 
$
3,309

 
$

 
$

Current marketable securities – available for sale
 
39,495

 
39,495

 

 

Long-term marketable securities – available for sale
 
70,559

 
70,559

 

 

Forward contracts
 
191

 

 
191

 

Total assets
 
$
113,554

 
$
113,363

 
$
191

 
$

Liabilities:
 
 

 
 

 
 

 
 

Contingent consideration
 
$
7,948

 
$

 
$

 
$
7,948

Total liabilities
 
$
7,948

 
$

 
$

 
$
7,948