FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Schedule of changes in assets and liabilities that are measured at fair value on a recurring basis using significant unobservable inputs

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

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020			2019
Contingent consideration, beginning of period	$	28,517	$	50,219	$	33,464		$	38,837
Transfers into Level 3	—		—		—			—
Transfers out of Level 3	—		—		—			—
Total net losses (gains) included in earnings (realized and unrealized)	6,658		3,839		7,711			21,221
Purchases, sales and settlements:
Additions	—		—		—			—
Payments	—		—		(6,000		)	(6,000		)
Contingent consideration, end of period	$	35,175	$	54,058	$	35,175		$	54,058

Schedule of fair value measurement valuation

The following table provides quantitative information about Level 3 fair value measurements.

	Fair Value at September 30, 2020		Valuation Technique	Unobservable Input	Range (Weighted Average)(a)
	(in thousands)
Contingent consideration	$	35,175	Option pricing model	Operating results growth rate	24.4% - 25.7% (25.1%)
				Discount rate	6.8	%

(a) Discount rates were weighted by the relative undiscounted value of expected earnout payments. Other unobservable inputs were weighted by the relative maximum potential earnout payments.