XML 21 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6
Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2012
Schedule of Change in Acquisition-Related Contingent Consideration Liability

The following table represents the change in the acquisition-related contingent consideration liability during the three and six months ended June 30, 2012 and 2011:

 

     Three Months Ended
June 30,		      Six Months Ended
June 30,		  

(in thousands)

    2012     2011      2012     2011  

Beginning balance

    $ 15,276      $ 20,076       $ 14,990      $ 19,864   

Acquisition date fair value measurement

      —          3,000         —          3,000   

Adjustments to fair value recorded in earnings(a)

      (3,541 )      799         (2,984 )      1,595   

Payments

      (917 )      —           (1,287 )      (577 ) 

Elimination of contingency(b)

      (2,534 )      —           (2,534 )      —     

Unrealized gains (losses) related to currency translation in other comprehensive income

      (47 )      7         52        —     
  

 

 

    

 

 

     

 

 

    

 

 

  

Ending balance

    $ 8,237      $ 23,882       $ 8,237      $ 23,882   
  

 

 

    

 

 

     

 

 

    

 

 

  

 

(a) 

Adjustments to fair value related to accretion and remeasurement of contingent consideration are recorded in “Acquisition-related contingent consideration” on the Condensed Consolidated Statements of Comprehensive Income (Loss). We recognized a gain on remeasurement of contingent consideration of $4.1 million during the three and six months ended June 30, 2012, and accretion expense of $0.6 million and $1.1 million, respectively.

 

(b) 

During the three months ended June 30, 2012, we fixed an acquisition-related contingent consideration liability in the amount of $2.5 million. The non-contingent consideration liability is no longer required to be remeasured to fair value and, accordingly, is not classified as a Level 3 measurement.


Schedule of Financial Liabilities Measured at Fair Value

The following table presents financial liabilities measured at fair value:

 

     Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)		      Significant
Other
Observable
Inputs
(Level 2)		      Significant
Unobservable
Inputs
(Level 3)		      Total  

As of June 30, 2012

            

Liabilities:

            

Acquisition-related contingent consideration, including current portion

    $ —         $ —         $ 8,237       $ 8,237   

As of December 31, 2011

            

Liabilities:

            

Acquisition-related contingent consideration, including current portion

    $ —         $ —         $ 14,990       $ 14,990