XML 49 R35.htm IDEA: XBRL DOCUMENT v3.21.2
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 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
June 30,
Six Months Ended
June 30,
 2021202020212020
Contingent consideration, beginning of period$9,046 $22,342 $8,249 $33,464 
Transfers into Level 3— — — — 
Transfers out of Level 3— — — — 
Total net losses (gains) included in earnings (realized and unrealized)(8,850)9,175 (8,053)1,053 
Purchases, sales and settlements:
Additions— — — — 
Payments— (3,000)— (6,000)
Contingent consideration, end of period$196 $28,517 $196 $28,517 
Schedule of fair value measurement valuation
The following table provides quantitative information about Level 3 fair value measurements.
Fair Value at
June 30, 2021
Valuation TechniqueUnobservable Input
Range (Weighted Average)(a)
(in thousands)
Contingent consideration$196 Option pricing modelOperating results growth rate(21.4)%
Discount rate3.1 %
(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.