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FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The following tables show the fair values of the Company’s financial assets and liabilities measured at fair value as of March 31, 2016 and December 31, 2015:
 
 
As of March 2016
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Cash and cash equivalents
 
$
244,877

 
$
244,877

 
$

 
$

Time deposits and restricted cash
 
238

 

 
238

 

Employee loans
 
5,885

 

 

 
5,885

Total assets measured at fair value
 
$
251,000

 
$
244,877

 
$
238

 
$
5,885

 
 
 
 
 
 
 
 
 
Performance-based equity awards
 
$
6,849

 
$

 
$

 
$
6,849

Cash-settled restricted stock units
 
75

 
75

 

 

Total liabilities measured at fair value
 
$
6,924

 
$
75

 
$

 
$
6,849

 
 
As of December 2015
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Cash and cash equivalents
 
$
199,449

 
$
199,449

 
$

 
$

Time deposits and restricted cash
 
30,419

 

 
30,419

 

Employee loans
 
6,338

 

 

 
6,338

Total assets measured at fair value
 
$
236,206

 
$
199,449

 
$
30,419

 
$
6,338

 
 
 
 
 
 
 
 
 
Performance-based equity awards
 
$
5,364

 
$

 
$

 
$
5,364

Total liabilities measured at fair value
 
$
5,364

 
$

 
$

 
$
5,364

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 three months ended March 31, 2016, is as follows:
 
Amount
Contractual contingent liabilities at January 1, 2016
$
5,364

Liability-classified stock-based awards
1,287

Changes in fair value of contractual contingent liabilities included in earnings
198

Contractual contingent liabilities at March 31, 2016
$
6,849