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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value

Assets and liabilities measured at fair value are summarized below (in thousands):

 

Description

 

December 31, 2019

 

 

Quoted Prices in

Active

Markets for

Identical Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent purchase price consideration

 

 

8,843

 

 

 

 

 

 

 

 

 

8,843

 

Total

 

$

8,843

 

 

$

 

 

$

 

 

$

8,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

December 31, 2018

 

 

Quoted Prices in

Active

Markets for

Identical Assets

(Level 1)

 

 

Significant

Other

Observable

Inputs

(Level 2)

 

 

Significant

Unobservable

Inputs

(Level 3)

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent purchase price consideration

 

 

3,038

 

 

 

 

 

 

 

 

 

3,038

 

Total

 

$

3,038

 

 

$

 

 

$

 

 

$

3,038

 

Schedule of Liabilities Measured at Fair Value Using Significant Unobservable Inputs

The following table presents our liabilities measured at fair value using significant unobservable inputs (Level 3), as of December 31, 2019 (amounts in thousands):

 

Balance, December 31, 2018

 

$

3,038

 

Change in fair value of contingent purchase price consideration

   during the period

 

 

5,805

 

Balance, December 31, 2019

 

$

8,843