FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value of Financial Assets and Liabilities

The following tables present the classification within the fair value hierarchy of financial assets and liabilities not disclosed elsewhere in these Condensed Consolidated Financial Statements that are remeasured on a recurring basis as of September 30, 2020 and December 31, 2019. Other than the Company’s fixed-rate convertible debt disclosed in Note 12 – Debt, there were no financial assets or liabilities that were remeasured using a quoted price in active markets for identical assets (Level 1) as of September 30, 2020 or December 31, 2019.


	Fair Value Measurements at September 30, 2020
		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Other current assets:
NQDC Plan assets		$	1,902	$	—	$	1,902

Other assets:
NQDC Plan assets		17,652		—		17,652
Restricted investments (1)		2,987		—		2,987
Total other assets		20,639		—		20,639
Total assets		$	22,541	$	—	$	22,541
Liabilities:
Current liabilities:
NQDC Plan liability		$	1,902	$	—	$	1,902


Other long-term liabilities:
NQDC Plan liability		17,652		—		17,652
Contingent consideration		—		54,103		54,103
Total other long-term liabilities		17,652		54,103		71,755
Total liabilities		$	19,554	$	54,103	$	73,657


	Fair Value Measurements at December 31, 2019
	Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total
Assets:
Other current assets:
NQDC Plan assets	$	1,177	$	—	$	1,177


Other assets:
NQDC Plan assets	16,288		—		16,288
Restricted investments (1)	3,168		—		3,168

Total other assets	19,456		—		19,456
Total assets	$	20,633	$	—	$	20,633
Liabilities:
Current liabilities:
NQDC Plan liability	$	1,177	$	—	$	1,177


Other long-term liabilities:
NQDC Plan liability	16,288		—		16,288
Contingent consideration	—		50,793		50,793
Total other long-term liabilities	16,288		50,793		67,081
Total liabilities	$	17,465	$	50,793	$	68,258

(1) The restricted investments at September 30, 2020 and December 31, 2019 secure the Company's irrevocable standby letters of credit obtained in connection with certain commercial agreements.

Liabilities Measured at Fair Value on Recurring Basis Using Level 3 Inputs

The following table represents a roll forward of contingent consideration.


Contingent consideration at December 31, 2019	$	50,793
Changes in fair value of contingent consideration	1,352
Foreign exchange remeasurement of Euro denominated contingent acquisition consideration	1,958
Contingent consideration at September 30, 2020	$	54,103