XML 66 R46.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2019
Fair Value Disclosures [Abstract]  
Summary Of Assets And Liabilities Measured At Fair Value On Recurring Basis
Assets and liabilities measured at fair value on a recurring basis are summarized below:
Fair Value Measurements as of December 31, 2019
(in thousands)Level 1Level 2Level 3Total
Description
Cash equivalents a
$20,869  $—  $—  $20,869  
Israeli severance funds b
$—  $7,449  $—  $7,449  
Derivative financial instruments c
$—  $(318) $—  $(318) 

Fair Value Measurements as of December 31, 2018
(in thousands)Level 1Level 2Level 3Total
Description
Cash equivalents a
$6,141  $—  $—  $6,141  
Israeli severance funds b
$—  $6,822  $—  $6,822  

a.Cash equivalents include funds held in money market instruments and are reported at their current carrying value, which approximates fair value due to the short-term nature of these instruments and are included in cash and cash equivalents in the consolidated balance sheet.
b.We partially fund a liability for our Israeli severance requirement through monthly deposits into fund accounts, the value of these contributions are recorded to non-current assets on the consolidated balance sheet.
c.Derivative instruments are reported based on published market prices for similar assets or are estimated based on published market prices for similar assets or are estimated based on observable inputs such as interest rates, yield curves, credit risks, spot and future commodity prices and spot and future exchange rates. See Note 13 for additional information on our derivative financial instruments.