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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets and Liabilities by Level within the Fair Value Hierarchy
The following table sets forth the fair value of our financial assets and liabilities by level within the fair value hierarchy:
 
December 31, 2019
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
(in thousands)
Assets
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
130,640

 
$

 
$

 
$
130,640

Short-term investment:
 
 
 
 
 
 
 
Certificates of deposit
150,000






150,000

Total assets at fair value
$
280,640

 
$

 
$

 
$
280,640

Liabilities
 
 
 
 
 
 
 
Other current liabilities—contingent consideration
$

 
$

 
$
3,004

 
$
3,004

Other noncurrent liabilities—contingent consideration

 

 
2,411

 
2,411

Total liabilities at fair value
$

 
$

 
$
5,415

 
$
5,415


 
December 31, 2018
 
Level 1
 
Level 2
 
Level 3
 
Fair Value
 
(in thousands)
Assets
 
 
 
 
 
 
 
Cash equivalents:
 
 
 
 
 
 
 
Money market funds
$
96,681

 
$

 
$

 
$
96,681

Total assets at fair value
$
96,681

 
$

 
$

 
$
96,681

Liabilities
 
 
 
 
 
 
 
Other current liabilities—contingent consideration
$

 
$

 
$
1,316

 
$
1,316

Other noncurrent liabilities—contingent consideration

 

 
3,688

 
3,688

Total liabilities at fair value
$

 
$

 
$
5,004

 
$
5,004


Schedule of Investments Reconciliation
Cash, cash equivalents and short-term investments were as follows (in thousands):
 
December 31, 2019
 
Adjusted Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
(in thousands)
Cash
$
111,098

 
$

 
$

 
$
111,098

Money market funds
130,640

 

 

 
130,640

Total cash, and cash equivalents
$
241,738

 
$

 
$

 
$
241,738

Certificates of deposit
$
150,000

 
$

 
$

 
$
150,000

Total short-term investments
$
150,000

 
$

 
$

 
$
150,000

Total cash, cash equivalents and short-term investments
$
391,738

 
$

 
$

 
$
391,738

 
December 31, 2018
 
Adjusted Amortized Cost
 
Gross Unrealized Gains
 
Gross Unrealized Losses
 
Fair Value
 
(in thousands)
Cash
$
12,247

 
$

 
$

 
$
12,247

Money market funds
96,681

 

 

 
96,681

Total cash and cash equivalents
$
108,928

 
$

 
$

 
$
108,928


Schedule of Changes in Level 3 Financial Liability
The following table sets forth the changes in our Level 3 financial liabilities during the periods presented:
 
Year Ended December 31,
 
2019
 
2018
 
(in thousands)
Beginning balance
$
5,004

 
$

Contingent consideration recorded upon acquisition (Note 4)
3,300

 
6,204

Change in fair value of contingent consideration liabilities (Note 4)
843

 
(1,200
)
Payment related to Retrofit contingent consideration (Note 4)
(1,316
)
 

Payment related to myStrength contingent consideration (Note 4)
(2,416
)


Ending balance
$
5,415

 
$
5,004