XML 37 R24.htm IDEA: XBRL DOCUMENT v3.20.1
Deferred Acquisition Consideration (Tables)
 3 Months Ended
Mar. 31, 2020
Business Combinations [Abstract]  
Schedule of Changes in Contingent Deferred Acquisition Consideration
The following table presents changes in contingent deferred acquisition consideration, which is measured at fair value on a recurring basis using significant unobservable inputs, and a reconciliation to the amounts reported on the balance sheets as of March 31, 2020 and December 31, 2019.
 
March 31,
 
December 31,
 
2020
 
2019
Beginning Balance of contingent payments
$
74,671

 
$
82,598

Payments
(1,125
)
 
(30,719
)
Redemption value adjustments (1)
(2,575
)
 
15,451

Additions - acquisitions and step-up transactions
1,389

 
7,145

Other (2)
(185
)
 
196

Ending Balance of contingent payments
$
72,175

 
$
74,671

Fixed payments
561

 
549

 
$
72,736

 
$
75,220

    
(1) Redemption value adjustments are fair value changes from the Company’s initial estimates of deferred acquisition payments and stock-based compensation charges relating to acquisition payments that are tied to continued employment. Redemption value adjustments are recorded within cost of services sold and office and general expenses on the Unaudited Condensed Consolidated Statement of Operations.
(2) Other primarily consists of translation adjustments.
The following table presents the impact to the Company’s statement of operations due to the redemption value adjustments for the contingent deferred acquisition consideration:
 
Three Months Ended March 31,
 
2020
 
2019
Income attributable to fair value adjustments
$
(4,600
)
 
$
(7,643
)
Stock-based compensation
2,025

 
809

Redemption value adjustments
$
(2,575
)
 
$
(6,834
)