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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2018
Fair Value of Financial Instruments [Abstract]  
Assets and Liabilities Measured at Fair Value
The following table presents assets and liabilities measured at fair value at June 30, 2018:

(in thousands)
Quoted Prices
in Active Markets
for Identical Assets
(Level 1)
 
Significant
Other Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
            
Money market funds
$
1,396
 
$
-
 
$
-
 
$
1,396
Foreign exchange contracts
 
-
  
32
  
-
  
32
Total assets
$
1,396
 
$
32
 
$
-
 
$
1,428
            
Liability awards
$
-
 
$
(302)
 
$
-
 
$
(302)
Interest rate swap contract
 
-
  
(11)
  
-
  
(11)
Total liabilities
$
-
 
$
(313)
 
$
-
 
$
(313)
            

Money market funds at both June 30, 2018 and December 31, 2017 are included in cash and cash equivalents in the respective consolidated balance sheets.

The following table presents assets and liabilities measured at fair value at December 31, 2017:

(in thousands)
Quoted Prices
in Active Markets
for Identical Assets
(Level 1)
 
Significant
Other Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total
        
Money market funds
$
3,240
 
$
-
 
$
-
 
$
3,240
Foreign exchange contracts
 
-
  
201
  
-
  
201
Total assets
$
3,240
 
$
201
 
$
-
 
$
3,441
            
Liability awards
$
-
 
$
(242)
 
$
-
 
$
(242)
Contingent consideration
 
-
  
-
  
(1,701)
  
(1,701)
Total liabilities
$
-
 
$
(242)
 
$
(1,701)
 
$
(1,943)
            

Rollforward of Fair Value of Contingent Consideration as Level 3
The following table provides a roll-forward of the fair value of the contingent consideration categorized as Level 3 for the six months ended June 30, 2018:

(in thousands)
 
  
   
Balance, January 1, 2018
$
1,701
Payments made on contingent liabilities
 
(1,701)
Change in fair value
 
-
Balance, June 30, 2018
$
-