The Company’s financial assets and liabilities, subject to fair value measurements, as of December 31, 2014 and 2013 are as follows:

Note F – Fair Value Measurement (continued)



			December 31, 2014
			Fair Value Measurements Using Fair Value Hierarchy
	Fair value		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	2,280	$	2,280	$	—	$	—
Current marketable securities – available for sale (a)	31,198		31,198		—		—
Note receivable – related party (b)	3,328		—		—		3,328
Note receivable – Seller of SM Canada (c)	1,878		—		—		1,878
Long-term marketable securities – available for sale (d)	90,446		90,446		—		—
Total assets	$	129,130	$	123,924	$	—	$	5,206
Liabilities:
Forward contracts	$	2,334	$	—	$	2,334	$	—
Contingent consideration (e)	38,633		—		—		38,633
Total liabilities	$	40,967	$	—	$	2,334	$	38,633
(a) Current marketable securities includes unrealized gains of $1 and unrealized losses of $145.
(b) The decrease in the balance of the note receivable from related party is due to one-tenth forgiveness of $409 partially offset by accrued interest income of $156.
(c) The decrease in the balance of the note receivable from seller of SM Canada is due to principal payments of $893 and $400 in foreign currency translation.
(d) Long-term marketable securities includes unrealized gains of $11 and unrealized losses of $589.
(e) The change in the contingent consideration is due to decreases related to an earn-out payment of $3,315 during the second quarter of 2014 to the seller of SM Canada, an earn-out payment of $5,160 during the third quarter of 2014 to the seller of Cejon and a decrease of $2,139 due to a change in estimate of expected payments. These were offset by the addition of earn-out payments to the seller of Dolce Vita of $4,616 and SM Mexico of $9,836.



			December 31, 2013
			Fair Value Measurements Using Fair Value Hierarchy
	Fair value		Level 1		Level 2		Level 3
Assets:
Cash equivalents	$	102,247	$	102,247	$	—	$	—
Current marketable securities – available for sale (a)	20,591		20,591		—		—
Note receivable – related party	3,581		—		—		3,581
Note receivable – SM Canada	3,171		—		—		3,171
Long-term marketable securities – available for sale (b)	91,267		91,267		—		—
Total assets	$	220,857	$	214,105	$	—	$	6,752
Liabilities:
Forward contracts	$	460	$	—	$	460	$	—
Contingent consideration	34,795		—		—		34,795
Total liabilities	$	35,255	$	—	$	460	$	34,795
(a) Current marketable securities includes unrealized gains of $59.
(b) Long-term marketable securities includes unrealized gains of $1,387 and unrealized losses of $4,530.