XML 71 R27.htm IDEA: XBRL DOCUMENT v3.3.0.814
Fair Value Measurements (Tables)
 9 Months Ended
Sep. 30, 2015
Fair Value Measurements  
Schedule of financial assets and liabilities which are required to be measured at fair value

 

 

 

 

 

 

Fair Value Measurements at Reporting Date

 

 

 

Amount
Recorded
on Balance
Sheet

 

Quoted Prices
in Active Markets
for Identical Assets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

Assets as of September 30, 2015:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$
89,424 

 

$
89,424 

 

—

 

$

—

 

Liabilities as of September 30, 2015:

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$
1,451 

 

—

 

—

 

$
1,451 

 

 

 

 

 

 

 

 

 

 

 

Assets as of December 31, 2014:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$
139,465 

 

$
139,465 

 

—

 

$

—

 

Short-term investments

 

$
30,992 

 

$
30,992 

 

—

 

$

—

 

Liabilities as of December 31, 2014:

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$
6,922 

 

—

 

—

 

$
6,922 

 

 

Schedule of changes to the Company's contingent consideration liability Level 3 fair value measurements

 

 

 

 

Significant Unobservable Inputs
(Level 3)

 

 

 

2015

 

2014

 

Contingent Consideration Liability

 

 

 

 

 

Beginning balance, January 1, 2015 and 2014

 

$
6,922

 

$
9,233

 

Additions to contingent consideration liability:

 

 

 

 

 

Change in fair value of contingent consideration liability

 
125

 
642

 

Vadnais acquisition

 

—

 
729

 

Other acquisitions made in third quarter 2014

 

—

 
1,342

 

Reductions in the contingent consideration liability:

 

 

 

 

 

Payment to Q3C sellers for meeting performance targets

 
(5,000

)
(5,000

)

Reduction due to non-attainment of performance target — Ram-Fab & Vadnais

 
(596

)

—

 

 

 

 

 

 

 

Ending balance, September 30, 2015 and 2014

 

$
1,451

 

$
6,946