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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2020
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following tables summarize assets that are measured at fair value on a recurring basis as of June 30, 2020 and December 31, 2019 (in thousands):
Fair Value Measurement at Reporting Date Using
June 30, 2020Quoted Prices in Active Markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Assets:
Cash equivalents$120,066  $120,066  $—  $—  
Fair value option investments—  —  —  —  
Liabilities:
Contingent consideration278  —  —  278  

Fair Value Measurement at Reporting Date Using
December 31, 2019Quoted Prices in Active Markets for
Identical Assets
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Assets:
Fair value option investments$1,405  $—  $—  $1,405  
Liabilities:
Contingent consideration1,298  —  —  1,298  
Schedule of Recurring Level 3 Fair Value Measurements
The following table provides a rollforward of the fair value of recurring Level 3 fair value measurements for the three and six months ended June 30, 2020 and 2019 (in thousands):
Three Months Ended June 30, Six Months Ended June 30,
2020201920202019
Assets
Fair value option investments:
Beginning Balance$—  $32,494  $1,405  $73,902  
Total gains (losses) included in earnings—  (27,577) (1,405) (68,985) 
Ending Balance$—  $4,917  $—  $4,917  
Unrealized gains (losses) still held (1)
$—  $(27,577) $(1,405) $(68,985) 
Available-for-sale securities - Redeemable preferred shares:
Beginning Balance$—  $10,394  $—  $10,340  
Total gains (losses) included in other comprehensive income (loss)—  (193) —  (139) 
Ending Balance$—  $10,201  $—  $10,201  
Unrealized gains (losses) still held (1)
$—  $(193) $—  $(139) 
Liabilities
Contingent Consideration:
Beginning Balance$1,219  $1,586  $1,298  1,529  
Settlements of contingent consideration liabilities(908) (312) (908) (312) 
Total losses (gains) included in earnings    27  
Foreign currency translation(35) (40) (118) (5) 
Ending Balance$278  $1,239  $278  1,239  
Unrealized gains (losses) still held (1)
$ $ $ 27  
(1)Represents the unrealized gains or losses recorded in earnings and/or other comprehensive income (loss) during the period for assets and liabilities classified as Level 3 that are still held (or outstanding) at the end of the period.