Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

The Company's assets and liabilities that are measured at fair value on a recurring basis, by level, within the fair value hierarchy as of March 31, 2015 and December 31, 2014, are summarized as follows (amounts in thousands):

	March 31, 2015								December 31, 2014
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents:
Money market funds	$	3,088	$	—	$	—	$	3,088	$	3,987	$	—	$	—	$	3,987
Total assets	$	3,088	$	—	$	—	$	3,088	$	3,987	$	—	$	—	$	3,987
Liabilities:
Contingent earn-out	$	—	$	—	$	6,590	$	6,590	$	—	$	—	$	6,940	$	6,940
Foreign currency derivative contracts	—		423		—		423		—		—		—		—
Total liabilities	$	—	$	423	$	6,590	$	7,013	$	—	$	—	$	6,940	$	6,940

Change in Fair Value of Level 3 Liabilities

The changes in fair value of the Level 3 liabilities are as follows (amounts in thousands):

	Contingent Earn-Out
	March 31, 2015			December 31, 2014
Balance, Beginning of Period	$	6,940		$	1,660
Synchronite addition (see Note 8)	—			1,810
CAO! addition (see Note 8)	—			4,220
Cash payment	(350		)	(750		)
Balance, End of Period	$	6,590		$	6,940

Schedule of Derivative Instruments

The following summarizes certain information regarding the Company’s outstanding foreign currency derivative contracts related primarily to intercompany receivables and payables for the periods presented (in thousands):

	March 31, 2015		March 31, 2014
Notional amount of foreign currency derivative contracts	$	38,236	$	—
Fair value of foreign currency derivatives contracts	$	423	$	—

Schedule of Derivative Liabilities at Fair Value

The fair value of the Company's derivative instruments are summarized below (in thousands):

		Fair Value of Derivative Instruments
	Balance Sheet Location	March 31, 2015		March 31, 2014
Derivative Liabilities
Derivatives not designated as hedging instruments:
Foreign currency derivatives contracts	Accrued expenses and other liabilities	$	423	$	—

Gain (Losses) on Derivative Instruments Recognized in Income Statement

The following summarizes certain information regarding the Company’s derivatives that are not designated or are not effective as hedges (in thousands):

	Gain (losses) on Derivative Instruments Recognized in Income Statement
	Location	March 31, 2015		March 31, 2014
Foreign currency derivatives contracts	Other expense	$	7	$	—