Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.10.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis Our financial assets and liabilities measured at fair value on a recurring basis are as follows:
 
Fair value measurements as of December 31, 2018
(In thousands)
Quoted
prices in
active
markets for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Assets:
 
 
 
 
 
 
 
Money market funds
$

 
$

 
$

 
$

Equity securities
26,313

 

 

 
26,313

Common stock options/warrants

 
855

 

 
855

Forward contracts

 
21

 

 
21

Total assets
$
26,313

 
$
876

 
$

 
$
27,189

Liabilities:
 
 
 
 
 
 
 
Contingent consideration:
$

 
$

 
$
24,537

 
24,537

Total liabilities
$

 
$

 
$
24,537

 
$
24,537

 
Fair value measurements as of December 31, 2017
(In thousands)
Quoted
prices in
active
markets for
identical
assets
(Level 1)
 
Significant
other
observable
inputs
(Level 2)
 
Significant
unobservable
inputs
(Level 3)
 
Total
Assets:
 
 
 
 
 
 
 
Money market funds
$
107

 
$

 
$

 
$
107

Equity securities
12,461

 

 

 
12,461

Common stock options/warrants

 
3,333

 

 
3,333

Total assets
$
12,568

 
$
3,333

 
$

 
$
15,901

Liabilities:
 
 
 
 
 
 
 
Forward contracts
$

 
$
317

 
$

 
$
317

Contingent consideration:

 

 
41,353

 
41,353

Total liabilities
$

 
$
317

 
$
41,353

 
$
41,670

Reconciliation of Beginning and Ending Balances of Level 3 Assets and Liabilities The following tables reconcile the beginning and ending balances of our Level 3 assets and liabilities as of December 31, 2018 and 2017:
 
December 31, 2018
(In thousands)
Contingent
consideration
Balance at December 31, 2017
$
41,353

Total losses (gains) for the period:
 
Included in results of operations
(16,816
)
Balance at December 31, 2018
$
24,537

 
December 31, 2017
(In thousands)
Contingent
consideration
 
Embedded
conversion
option
Balance at December 31, 2016
$
45,076

 
$
16,736

Total losses (gains) for the period:
 
 
 
Included in results of operations
(3,423
)
 
(3,185
)
Foreign currency impact
3

 

Payments
(303
)
 

Reclassification of embedded derivatives to equity

 
(13,551
)
Balance at December 31, 2017
$
41,353

 
$