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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Significant Unobservable Inputs Used In Fair Value Measurements
The significant unobservable inputs used in the fair value measurements of our Level 3 contingent consideration liabilities were as follows:
 
December 31,
 
2015
 
2014
Unobservable Input
(Weighted Average)
Probability of achieving payout targets
76.2
%
 
79.1
%
Discount rate
7.5
%
 
7.5
%
Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis
The following tables present information about our financial assets and liabilities measured at fair value on a recurring basis and indicate the fair value hierarchy of the valuation inputs we utilized to determine such fair value as of December 31, 2015 and 2014 (in thousands):
 
Balance as of December 31, 2015
 
Fair Value Measurements as of December 31, 2015
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Cash surrender value of life insurance
$
29,782

 
$

 
$
29,782

 
$

Total Assets
$
29,782

 
$

 
$
29,782

 
$

Liabilities:
 
 
 
 
 
 
 
Contingent consideration liabilities
$
4,584

 
$

 
$

 
$
4,584

Deferred compensation liabilities
30,336

 

 
30,336

 

Interest rate swaps
1,347

 

 
1,347

 

Total Liabilities
$
36,267

 
$

 
$
31,683

 
$
4,584

 
Balance as of December 31, 2014
 
Fair Value Measurements as of December 31, 2014
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
Cash surrender value of life insurance
$
28,242

 
$

 
$
28,242

 
$

Total Assets
$
28,242

 
$

 
$
28,242

 
$

Liabilities:
 
 
 
 
 
 
 
Contingent consideration liabilities
$
7,295

 
$

 
$

 
$
7,295

Deferred compensation liabilities
27,580

 

 
27,580

 

Interest rate swaps
5,218

 

 
5,218

 

Total Liabilities
$
40,093

 
$

 
$
32,798

 
$
7,295

Changes In Fair Value Of Contingent Consideration Obligations
Changes in the fair value of our contingent consideration obligations are as follows (in thousands):
Balance as of January 1, 2014
$
55,653

Contingent consideration liabilities recorded for business acquisitions
5,854

Payments
(52,363
)
Decrease in fair value included in earnings
(1,851
)
Exchange rate effects
2

Balance as of December 31, 2014
$
7,295

Contingent consideration liabilities recorded for business acquisitions

Payments
(2,815
)
Increase in fair value included in earnings
454

Exchange rate effects
(350
)
Balance as of December 31, 2015
$
4,584