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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Financial Liabilities Measured at Fair Value on a 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 December 31, 2016 and 2015:
 
 
As of December 31, 2016
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Performance-based equity awards
 
$
3,789

 
$
3,789

 
$

 
$

Cash-settled restricted stock units
 
2,111

 
2,111

 

 

Total liabilities measured at fair value on a recurring basis
 
$
5,900

 
$
5,900

 
$

 
$

 
 
As of December 31, 2015
 
 
Balance
 
Level 1
 
Level 2
 
Level 3
Performance-based equity awards
 
$
5,364

 
$

 
$

 
$
5,364

Total liabilities measured at fair value on a recurring basis

 
$
5,364

 
$

 
$

 
$
5,364

Reconciliation of Liabilities Measured on Recurring Basis, Unobservable Input
The fair value of the cash-settled restricted stock units is measured using prices for which observable market information is available.
A reconciliation of the beginning and ending balances of acquisition-related contractual contingent liabilities using significant unobservable inputs (Level 3) for the years ended December 31, 2016 and 2015, was as follows:
 
 
Amount
Contractual contingent liabilities at January 1, 2014
 
$

Acquisition date fair value of contractual contingent liabilities — Netsoft
 
1,825

Acquisition date fair value of contractual contingent liabilities — Jointech
 
20,000

Acquisition date fair value of contractual contingent liabilities — GGA
 
11,400

Acquisition date fair value of contractual contingent liabilities — Great Fridays
 
1,173

Liability-classified stock-based awards
 
3,088

Changes in fair value of contractual contingent liabilities included in earnings
 
2,059

Changes in fair value of contractual contingent liabilities recorded against goodwill
 
1,366

Effect of net foreign currency exchange rate changes
 
(288
)
Contractual contingent liabilities at December 31, 2014
 
40,623

Liability-classified stock-based awards
 
5,148

Changes in fair value of contractual contingent liabilities included in earnings
 
4,355

Effect of net foreign currency exchange rate changes
 
246

Settlements of contractual contingent liabilities
 
(45,008
)
Contractual contingent liabilities at December 31, 2015
 
5,364

Acquisition date fair value of contractual contingent liabilities — other acquisitions
 
800

Liability-classified stock-based awards
 
5,148

Changes in fair value of contractual contingent liabilities included in earnings
 
1,232

Changes in fair value of contractual contingent liabilities recorded against goodwill
 
200

Settlements of contractual contingent liabilities
 
(8,955
)
Reclassification of contractual contingent liabilities out of Level 3
 
(3,789
)
Contractual contingent liabilities at December 31, 2016
 
$

Financial Assets and Liabilities not Measured on a Recurring Basis
The following tables present the reported amounts and estimated fair values of the financial assets and liabilities not carried at fair value on a recurring basis, as they would be categorized within the fair-value hierarchy, as of the dates indicated:
 
 
 
 
 
 
Fair Value Hierarchy
 
 
Balance
 
Estimated Fair Value
 
Level 1
 
Level 2
 
Level 3
December 31, 2016
 
 
 
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
362,025

 
$
362,025

 
$
362,025

 
$

 
$

Time deposits and restricted cash
 
$
3,042

 
$
3,042

 
$

 
$
3,042

 
$

Employee loans
 
$
5,978

 
$
5,978

 
$

 
$

 
$
5,978

Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
Borrowing under 2014 Credit Facility
 
$
25,019

 
$
25,019

 
$

 
$
25,019

 
$

 
 
 
 
 
 
Fair Value Hierarchy
 
 
Balance
 
Estimated Fair Value
 
Level 1
 
Level 2
 
Level 3
December 31, 2015
 
 
 
 
 
 
 
 
 
 
Financial Assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
199,449

 
$
199,449

 
$
199,449

 
$

 
$

Time deposits and restricted cash
 
$
30,419

 
$
30,419

 
$

 
$
30,419

 
$

Employee loans
 
$
6,338

 
$
6,338

 
$

 
$

 
$
6,338

Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
Borrowing under 2014 Credit Facility
 
$
35,000

 
$
35,000

 
$

 
$
35,000

 
$