XML 42 R27.htm IDEA: XBRL DOCUMENT v3.3.1.900
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Measurements  
Summary of fair values and levels within the fair value hierarchy in which the fair value measurements fall for assets and liabilities measured on a recurring basis

        The following table summarizes the fair values, and levels within the fair value hierarchy in which the fair value measurements fall, for assets and liabilities measured on a recurring basis as of December 31, 2015 (in thousands):

                                                                                                                                                                                    

 

 

 

 

Fair Value Measurements at Reporting Date Using

 

 

 

Balance
December 31,
2015

 

Quoted Prices in
Active Markets for
Identical Assets
(Level 1)

 

Significant Other
Observable Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Cash and cash equivalents

 

$

56,464 

 

$

56,464 

 

$

 

$

 

Life insurance—cash surrender value

 

$

3,646 

 

$

 

$

3,646 

 

$

 

Contingent earn-out obligations

 

$

450 

 

$

 

$

 

$

450 

 

 

Schedule of reconciliation of the fair value of contingent earn-out obligations that use significant unobservable inputs (Level 3)

        The table below presents a reconciliation of the fair value of our contingent earn-out obligations that use significant unobservable inputs (Level 3) (in thousands).

                                                                                                                                                                                    

 

 

December 31,

 

 

 

2015

 

2014

 

Balance at beginning of year

 

$

670

 

$

320

 

Issuances

 

 

350

 

 

200

 

Settlements

 

 

(345

)

 

(95

)

Adjustments to fair value

 

 

(225

)

 

245

 

​  

​  

​  

​  

Balance at end of year

 

$

450

 

$

670

 

​  

​  

​  

​  

​  

​  

​  

​