Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Measurements

Schedule assets and liabilities measured at fair value on a recurring basis

The following tables present information about the Company’s assets and liabilities that are measured at fair value on a recurring basis using the above input categories (in thousands):

	December 31, 2016
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	50,015	$	—	$	—	$	50,015
Short-term investments	$	—	$	15,793	$	—	$	15,793
Contingent liability (included in other liabilities)	$	—	$	—	$	3,678	$	3,678

	December 31, 2015
		Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	55,066	$	—	$	—	$	55,066
Short-term investments	$	—	$	82,282	$	—	$	82,282
Contingent liability (included in accrued expenses and other current liabilities and other liabilities)	$	—	$	—	$	3,408	$	3,408

Schedule of reconciliation of company's Level 3 liabilities

The following table reconciles the beginning and ending balance of the Company’s Level 3 contingent liability (in thousands):

Balance at December 31, 2015	$	3,408
Change in fair value		270
Fair value at December 31, 2016	$	3,678