Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2016

Fair Value Disclosures [Abstract]

Financial liabilities measured at fair value on a recurring basis

The following table presents information, as of March 31, 2016 and December 31, 2015, about the Company’s financial liabilities (in thousands):

	March 31, 2016
	Level 1		Level 2		Level 3		Fair Value
Contingent purchase obligation related to acquisitions	$	—	$	—	$	4,913	$	4,913
Total liabilities at fair value	$	—	$	—	$	4,913	$	4,913

	December 31, 2015
	Level 1		Level 2		Level 3		Fair Value
Contingent purchase obligation related to acquisitions	$	—	$	—	$	4,913	$	4,913
Total liabilities at fair value	$	—	$	—	$	4,913	$	4,913

Schedule of reconciliation of beginning and ending Level 3 financial liability balance

The table below sets forth a reconciliation of the Company’s beginning and ending Level 3 financial liability balance for the three months ended March 31, 2016 and 2015 (in thousands):

	Three Months Ended
	March 31,
	2016		2015
Balance, beginning of period	$	4,913	$	6,842
Payments of contingent purchase obligations	—		(1,906		)
Interest expense	—		90
Adjustments to contingent purchase obligations (1)	—		(244		)
Balance, end of period	$	4,913	$	4,782

(1) Adjustments to contingent purchase obligations are reported in other operating expenses in the condensed consolidated statements of operations.