Quarterly report pursuant to Section 13 or 15(d)

Fair Value of Financial Instruments (Tables)

v3.8.0.1
Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of assets and liabilities measured at fair value on a recurring basis

The following tables provide information regarding the Company’s assets and liabilities measured at fair value on a recurring basis at March 31, 2018 and December 30, 2017.

 

 

March 31, 2018

 

 

 

 

 

 

 

Quoted  Market

 

 

Significant Other Observable

 

 

Significant Unobservable

 

 

 

Total

 

 

Prices (Level 1)

 

 

Inputs (Level 2)

 

 

Inputs (Level 3)

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward foreign exchange contract

 

$

505

 

 

$

 

 

$

505

 

 

$

 

Contingent consideration

 

 

34,284

 

 

 

 

 

 

 

 

 

34,284

 

Total

 

$

34,789

 

 

$

 

 

$

505

 

 

$

34,284

 

 

 

 

December 30, 2017

 

 

 

 

 

 

 

Quoted  Market

 

 

Significant Other Observable

 

 

Significant Unobservable

 

 

 

Total

 

 

Prices (Level 1)

 

 

Inputs (Level 2)

 

 

Inputs (Level 3)

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent consideration

 

$

33,882

 

 

$

 

 

$

 

 

$

33,882

 

Total

 

$

33,882

 

 

$

 

 

$

 

 

$

33,882

 

 

Summary of changes in estimated fair value of contingent consideration

A summary of the changes in the estimated fair value of contingent consideration at March 31, 2018 is as follows:

 

Balance at December 30, 2017

 

$

33,882

 

Change in estimated fair value

 

 

149

 

Accretion in value

 

 

253

 

Balance at March 31, 2018

 

$

34,284