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Fair value measurement (Tables)
9 Months Ended
Sep. 27, 2015
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Carried at Fair Value Measured on Recurring Basis
The following tables provide information regarding the financial assets and liabilities measured at fair value on a recurring basis as of September 27, 2015 and December 31, 2014:
 
Total carrying
value at
September 27, 2015
 
Quoted prices in active markets (Level 1)
 
Significant other
observable
Inputs (Level 2)
 
Significant
unobservable
Inputs (Level 3)
 
(Dollars in thousands)
Investments in marketable securities
$
6,560

 
$
6,560

 
$

 
$

Derivative assets
914

 

 
914

 

Derivative liabilities
3,510

 

 
3,510

 

Contingent consideration liabilities
22,199

 

 

 
22,199

 
 
Total carrying
value at
December 31, 2014
 
Quoted prices in active markets (Level 1)
 
Significant other
observable
Inputs (Level 2)
 
Significant
unobservable
Inputs (Level 3)
 
(Dollars in thousands)
Investments in marketable securities
$
6,863

 
$
6,863

 
$

 
$

Contingent consideration liabilities
33,433

 

 

 
33,433

Reconciliation of Changes in Level 3 Financial Liabilities Measured at Fair Value on Recurring Basis
The following table provides information regarding changes, during the nine months ended September 27, 2015, in Level 3 financial liabilities related to contingent consideration in connection with various Company acquisitions:
 
 
Contingent consideration
 
2015
 
(Dollars in thousands)
Balance - December 31, 2014
$
33,433

Payment
(8,000
)
Revaluations
(3,234
)
Balance - September 27, 2015
$
22,199

Valuation Technique and Inputs Used to Determine Fair Value of Assets or Liabilities
The following table provides information regarding the valuation techniques and inputs used in determining the fair value of assets or liabilities categorized as Level 3 measurements as of September 27, 2015:
 
Valuation Technique
 
Unobservable Input
 
Range (Weighted Average)
Contingent consideration
Discounted cash flow
 
Discount rate
 
3.1% - 10% (8.5%)
 
 
 
Probability of payment
 
0% - 100% (52.1%)