FAIR VALUE MEASUREMENT (Tables)

9 Months Ended

Sep. 30, 2014

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table summarizes those assets and liabilities measured at fair value on a recurring basis as of September 30, 2014:

	September 30, 2014
	Level 1		Level 2		Level 3		Total
Assets:
Bank time deposits	$	—	$	51,345	$	—	$	51,345
U.S. and foreign government obligations		—		6,296		—		6,296
Foreign exchange contracts		—		30		—		30
Total Assets	$	—	$	57,671	$	—	$	57,671
Liabilities:
Foreign exchange contracts	$	—	$	315	$	—	$	315
Lease exit liabilities		—		—		11,001		11,001
Total Liabilities	$	—	$	315	$	11,001	$	11,316

The following table summarizes those assets and liabilities measured at fair value on a recurring basis as of December 31, 2013:

	December 31, 2013
	Level 1		Level 2		Level 3		Total
Assets:
Bank time deposits	$	—	$	46,881	$	—	$	46,881
U.S. and foreign government obligations		—		1,595		—		1,595
Bankers’ acceptances		—		8,475		—		8,475
Foreign exchange contracts		—		255		—		255
Total Assets	$	—	$	57,206	$	—	$	57,206
Liabilities:
Foreign exchange contracts	$	—	$	9	$	—	$	9
Lease exit liabilities		—		—		12,550		12,550
Total Liabilities	$	—	$	9	$	12,550	$	12,559

Changes in Fair Value of Level Three Liabilities

The changes in the fair value of the Level 3 liabilities are as follows:

	Lease Exit Liability
	Nine months ended September 30,
	2014			2013
Balance, Beginning of Period	$	12,550		$	14,233
Expense		6,608			6,239
Cash Payments and changes in fair value		(8,157	)		(6,110	)
Balance, End of Period	$	11,001		$	14,362