FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Dec. 31, 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 December 31, 2014:

	December 31, 2014
	Level 1		Level 2		Level 3		Total
Assets:
Bank time deposits	$	—	$	60,553	$	—	$	60,553
Foreign exchange contracts		—		74		—		74
Total Assets	$	—	$	60,627	$	—	$	60,627
Liabilities:
Foreign exchange contracts	$	—	$	265	$	—	$	265
Lease exit liabilities		—		—		8,515		8,515
Total Liabilities	$	—	$	265	$	8,515	$	8,780

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
	Year ended December 31,
	2014			2013
Balance, Beginning of Period	$	12,550		$	14,233
Expense		7,208			6,225
Cash Payments and changes in fair value		(11,243	)		(7,908	)
Balance, End of Period	$	8,515		$	12,550