Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of assets and liabilities accounted for at fair value

The tables do not include cash on hand or assets and liabilities that are measured at historical cost or any basis other than fair value (in thousands):

			Fair Value Measurements at September 30, 2013
	Balance Sheet Location		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
Assets:
Currency forward derivatives/options		(b)	$	—	$	267	$	—	$	267
Springbox revenue sharing		(b)(c)	—		—		512		512
Marketable equity securities		(c)	1,060		—		—		1,060
Total			$	1,060	$	267	$	512	$	1,839
Liabilities:
Revenue earnout		(d)(e)	$	—	$	—	$	855	$	855

			Fair Value Measurements at December 31, 2012
	Balance Sheet Location		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value Measurements
Assets:
Money market funds		(a)	$	4,004	$	—	$	—	$	4,004
Currency forward derivatives/options		(b)	—		445		—		445
Springbox revenue sharing		(b)(c)	—		—		768		768
Marketable equity securities		(c)	337		—		—		337
Total			$	4,341	$	445	$	768	$	5,554
Liabilities:
Revenue earnouts		(d)(e)	$	—	$	—	$	2,857	$	2,857

(a) Included in cash and cash equivalents.

(b) Included in other current assets.

(d) Included in accrued liabilities.

(e) Included in other non-current liabilities.

Schedule of reconciliation of changes in the fair values of Level 3 assets

The following table provides a reconciliation of changes in the fair values of our Level 3 assets (in thousands):

	Revenue Sharing Arrangement
	Nine Months Ended September 30, 2013			Nine Months Ended September 30, 2012
Balance at beginning of period	$	768		$	—
Additions	—			768
Collections	(200		)	—
Change in fair value recognized in earnings	(56		)	—
Balance at end of period	$	512		$	768

Schedule of reconciliation of changes in the fair values of level 3 liabilities

The following table provides a reconciliation of changes in the fair value of our Level 3 liabilities (in thousands):

	Revenue Earnouts
	Nine Months Ended September 30, 2013			Nine Months Ended September 30, 2012
Balance at beginning of period	$	2,857		$	1,673
Additions	—			1,855
Payments	(1,201		)	—
Change in fair value recognized in earnings	(801		)	(439		)
Balance at end of period	$	855		$	3,089

- Definition

Tabular disclosure of the fair value measurement of assets using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets) and gains or losses recognized in other comprehensive income (loss), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs), by class of asset.

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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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