Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2018

Fair Value Measurements

Schedule of financial assets and liabilities which are required to be measured at fair value

The following table presents, for each of the fair value hierarchy levels identified under ASC Topic 820, our financial assets and liabilities that are required to be measured at fair value at September 30, 2018 and December 31, 2017 (in thousands):

	Fair Value Measurements at Reporting Date
			Significant
	Quoted Prices		Other		Significant
	in Active Markets		Observable		Unobservable
	for Identical Assets		Inputs		Inputs
	(Level 1)		(Level 2)		(Level 3)
Assets as of September 30, 2018:
Cash and cash equivalents	$	60,039	$	—	$	—
Interest rate swap		—		18		—
Liabilities as of September 30, 2018:
None	$	—	$	—	$	—
Assets as of December 31, 2017:
Cash and cash equivalents	$	170,385	$	—	$	—
Liabilities as of December 31, 2017:
Contingent consideration	$	—	$	—	$	716

Schedule of changes to the Company's contingent consideration liability Level 3 fair value measurements

The following table provides changes to our contingent consideration liability Level 3 fair value measurements during the nine months ended September 30, (in thousands):

	Significant Unobservable Inputs
	(Level 3)
Contingent Consideration Liability	2018		2017
Beginning balance, January 1,	$	716	$	—
FGC acquisition		—		1,200
Change in fair value of contingent consideration liability during year		753		52
Payment of earn-out liability to FGC sellers		(1,469)		—
Ending balance, September 30,	$	—	$	1,252