Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2017

Fair Value Disclosures [Abstract]

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s hierarchy for its assets and liabilities measured at fair value on a recurring basis as of the following periods (in thousands):

	March 31, 2017								December 31, 2016
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets:
Cash equivalents	$	130,653	$	—	$	—	$	130,653	$	133,540	$	—	$	—	$	133,540
Total assets measured at fair value	$	130,653	$	—	$	—	$	130,653	$	133,540	$	—	$	—	$	133,540
Liabilities:
Contingent consideration	—		—		4,689		4,689		—		—		5,175		5,175
Total liabilities measured at fair value	$	—	$	—	$	4,689	$	4,689	$	—	$	—	$	5,175	$	5,175

Changes in Estimated Fair Value of Contingent Consideration Liabilities

Changes in estimated fair value of contingent consideration liabilities from December 31, 2016 through March 31, 2017 are as follows (in thousands):

	Contingent consideration liabilities (Level 3 measurement)
Balance at December 31, 2016	$	5,175
Cash payments	(486		)
Balance at March 31, 2017	$	4,689