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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis
The following tables present our assets and liabilities measured at fair value on a recurring basis (in thousands):
Fair Value Measurements on a Recurring Basis as of
June 30, 2020
Fair value measurements in:Level 1Level 2Level 3Total
Assets:
Money market accounts$185,341  $—  $—  $185,341  
Total$185,341  $—  $—  $185,341  
Liabilities:
Contingent consideration liability from acquisitions$—  $—  $306  $306  
Total$—  $—  $306  $306  
Fair Value Measurements on a Recurring Basis as of
 December 31, 2019
Fair value measurements in:Level 1Level 2Level 3Total
Assets:
Money market accounts$93,303  $—  $—  $93,303  
Total$93,303  $—  $—  $93,303  
Liabilities:
Contingent consideration liability from acquisitions$—  $—  $2,595  $2,595  
Total$—  $—  $2,595  $2,595  
Summary of Fair Value of Level 3 Liability
The following table summarizes the change in fair value of the Level 3 liabilities for contingent consideration liabilities from acquisitions with significant unobservable inputs (in thousands):
Three Months Ended
June 30,
Six Months Ended
June 30,
2020201920202019
Beginning of period balance$2,027  $—  $2,595  $—  
Changes in fair value included in earnings(1,721) —  (2,289) —  
End of period balance$306  $—  $306  $—