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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2016
Fair Value Measurements [Abstract]  
Financial assets and liabilities measured at fair value on recurring basis
Financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 are summarized below:

(in thousands)
               
 
 
Description
 
As of
September 30,
 2016
  
 
 
Level 1
  
 
 
Level 2
  
 
 
Level 3
  
 
Total Gains
(Losses)
 
Non-recurring               
Assets:
               
Licensed technology (net)
 
$
8,587
  
$
-
  
$
-
  
$
8,587
  
$
-
 
Goodwill
  
32,466
   
-
   
-
   
32,466
   
-
 
Recurring                    
Liabilities:
                    
 Contingent consideration
 
$
-
  
$
-
  
$
-
  
$
-
  
$
2,591
 
 
 
 
Description
 
As of
December 31,
 2015
  
 
 
Level 1
  
 
 
Level 2
  
 
 
Level 3
  
 
Total Gains
(Losses)
 
Non-recurring               
Assets:
               
Licensed technology (net)
 
$
6,609
  
$
-
  
$
-
  
$
6,609
  
$
-
 
Goodwill
  
32,466
   
-
   
-
   
32,466
   
-
 
Recurring                    
Liabilities:
                    
 Contingent consideration
 
$
2,591
  
$
-
  
$
-
  
$
2,591
  
$
3,898