FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 30, 2015

Liabilities Measured at Fair Value on Recurring Basis

The following tables show the fair values of the Company’s financial liabilities measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014:



	June 30, 2015				December 31, 2014
	Balance		Level 3		Balance		Level 3
Contingent consideration	$	—	$	—	$	37,400	$	37,400
Performance-based equity awards	801		801		3,223		3,223
Total liabilities measured at fair value on a recurring basis	$	801	$	801	$	40,623	$	40,623

Reconciliation of Liabilities Measured on Recurring Basis, Unobservable Input

A reconciliation of the beginning and ending balances of acquisition-related contractual contingent liabilities using significant unobservable inputs (Level 3) for the six months ended June 30, 2015, was as follows:



	Amount
Contractual contingent liabilities at January 1, 2015	$	40,623
Liability-classified stock-based awards	2,574
Changes in fair value of contractual contingent liabilities included in earnings	2,366
Effect of net foreign currency exchange rate changes	246
Settlements of contractual contingent liabilities - cash and stock	(45,008		)
Contractual contingent liabilities at June 30, 2015	$	801