Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2017

Schedule of Fair Value, Assets and Liabilities

The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 and 2016, and the level they fall within the fair value hierarchy (in thousands):



			Fair Value
		Fair Value	December 31,
Description of Financial Instrument	Financial Statement Classification	Hierarchy	2017		2016
Contingent consideration	Accounts payable and accrued expenses	Level 3	$	2,724	$	3,590
Contingent consideration	Other noncurrent liabilities	Level 3	1,502		1,669
Interest rate swap agreement	Other assets	Level 2	88		—
Interest rate cap agreement	Other assets	Level 2	285		—

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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