Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value, Assets Measured on Recurring Basis

The following table summarizes the Company's financial assets and liabilities that are measured at fair value on a recurring basis and are categorized using the fair value hierarchy (in thousands):



	September 30, 2014		December 31, 2013
Cash and cash equivalents:
Level 1:
Money market fund deposits	$	12,278	$	18,275
Level 2:
Asset-backed securities	5,400		—
Commercial paper	600		—
Total cash and cash equivalents	$	18,278	$	18,275
Liabilities:
Level 3:
Acquisition related contingent consideration	1,009		—
Total liabilities	$	1,009	$	—

Schedule of Business Acquisitions by Acquisition, Contingent Consideration

The change in the contingent consideration liability is summarized as follows during the three months ended September 30, 2014 (in thousands):



	Three Months Ended September 30, 2014
Balance, at acquisition	$	1,259
Less: payment of contingent consideration during the period	(250		)
Balance, end of period	$	1,009