FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 31, 2021

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 March 31,
	2021		2020
Contingent consideration, beginning of period	$	8,249	$	33,464
Transfers into Level 3	—		—
Transfers out of Level 3	—		—
Total net losses (gains) included in earnings (realized and unrealized)	797		(8,122)
Purchases, sales and settlements:
Additions	—		—
Payments	—		(3,000)
Contingent consideration, end of period	$	9,046	$	22,342

Schedule of fair value measurement valuation

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

	Fair Value at March 31, 2021		Valuation Technique	Unobservable Input	Range (Weighted Average)(a)
	(in thousands)
Contingent consideration	$	9,046	Option pricing model	Operating results growth rate	3.2	%
				Discount rate	5.7	%

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