FAIR VALUE (Tables)

12 Months Ended

Dec. 31, 2020

Fair Value Disclosures [Abstract]

Schedule of Fair Values of Financial Assets and Liabilities

As of December 31, 2020, the fair values of our financial assets and liabilities were categorized as follows:

	Total		Level 1		Level 2		Level 3
Assets
Foreign exchange contracts (1)	$	322	$	—	$	322	$	—
Cross currency swap contract (1)	—		—		—		—
Total assets at fair value	$	322	$	—	$	322	$	—
Liabilities
Foreign exchange contracts (1)	$	146	$	—	$	146	$	—
Cross currency swap contract (1)	8,309		—		8,309		—
Contingent consideration obligation	31,140		—		—		31,140
Total liabilities at fair value	$	39,595	$	—	$	8,455	$	31,140

As of December 31, 2019, the fair values of our financial assets and liabilities were categorized as follows:

	Total		Level 1		Level 2		Level 3
Assets
Foreign exchange contracts (1)	$	206	$	—	$	206	$	—
Cross currency swap contract (1)	2,552		—		2,552		—
Total assets at fair value	$	2,758	$	—	$	2,758	$	—
Liabilities
Foreign exchange contracts (1)	$	401	$	—	$	401	$	—
Contingent consideration obligation	5,930		—		—		5,930
Total liabilities at fair value	$	6,331	$	—	$	401	$	5,930

(1)Market approach valuation technique based on observable market transactions of spot and forward rates.

Schedule of Contingent Consideration Arrangements, Fair Value

We consider these obligations a Level 3 liability and have estimated the aggregate fair value for these contingent consideration arrangements as follows:

	December 31, 2020		December 31, 2019
Fusion Acquisition	$	26,910	$	—
Noble Acquisition	4,230		2,930
Gateway Acquisition	—		3,000
	$	31,140	$	5,930

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation

The following table provides a summary of changes in our Level 3 fair value measurements:

Balance, December 31, 2018	$	—
Acquisition	5,930
Increase (decrease) in fair value recorded in earnings	—
Payments	—
Balance, December 31, 2019	$	5,930
Acquisition	22,745
Increase (decrease) in fair value recorded in earnings	5,230
Payments	(2,765)
Balance, December 31, 2020	$	31,140