Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2017

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):

	June 30, 2017
	Level 1		Level 2		Level 3		Total
Cash and cash equivalents	$	409,224	$	—	$	—	$	409,224
Short-term marketable securities	$	—	$	31,070	$	—	$	31,070
Contingent liability (included in other liabilities)	$	—	$	—	$	3,798	$	3,798

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

Schedule of reconciliation of company's Level 3 liabilities

Balance at December 31, 2016	$	3,678
Change in fair value		120
Fair value at June 30, 2017	$	3,798