Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2015

The following table sets forth by level, within the fair value hierarchy, our assets (liabilities) carried at fair value as of March 31, 2015 and December 31, 2014 (in thousands):



		March 31, 2015
	Classification	Level 1		Level 2		Level 3		Total
Carried at fair value
Contingent consideration liability	Accrued expenses	$	—	$	—	$	305	$	305
Foreign currency exchange options	Other current assets	—		5,454		—		5,454
Commodity instruments	Other current assets	—		311		—		311

Disclosed at fair value
Total long-term debt	Long-term debt	$	217,275	$	—	$	—	$	217,275



		December 31, 2014
	Classification	Level 1		Level 2		Level 3		Total
Carried at fair value
Contingent consideration liability	Accrued expenses	$	—	$	—	$	328	$	328
Foreign currency exchange options	Other current assets	—		1,851		—		1,851
Foreign currency exchange options	Other assets	—		445		—		445
Commodity instruments	Other current assets	—		591		—		591
Commodity instruments	Other assets	—		162		—		162

Disclosed at fair value
Total long-term debt	Long-term debt	$	215,831	$	—	$	—	$	215,831

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

+ References+ Details