Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.8.0.1
Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of Estimated Useful Life of Assets Used to Compute Depreciation Using the Straight-line Method

Depreciation expense has been calculated using the following estimated useful lives:

 

Buildings and other improvements

   10–20 years

Leasehold improvements

   Remaining lease period

Office furniture and equipment

   5–7 years

Computer equipment and software

   3–5 years

Summary of Fair Value Measurements
Fair Value Measurements at March 31, 2018  
     (in thousands)  
         Level 1              Level 2              Level 3              Net Balance      

Asset at Fair Value:

           

Forward purchase contracts

     —        $ 78        —        $ 78  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets at Fair Value

     —        $ 78        —        $ 78  
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities at Fair Value

           

Forward purchase contracts

     —        $ 1        —        $ 1  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities at Fair Value

     —        $ 1        —        $ 1  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

     Fair Value Measurements at December 31, 2017,  
     (in thousands)  
         Level 1              Level 2              Level 3              Net Balance      

Asset at Fair Value:

           

Forward purchase contracts

     —        $ 3        —        $ 3  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Assets at Fair Value

     —        $ 3        —        $ 3  
  

 

 

    

 

 

    

 

 

    

 

 

 

Liabilities at Fair Value

           

Forward purchase contracts

     —        $ 4        —        $ 4  
  

 

 

    

 

 

    

 

 

    

 

 

 

Total Liabilities at Fair Value

     —        $ 4        —        $ 4  
  

 

 

    

 

 

    

 

 

    

 

 

 

 

Schedule of Amounts of Non-hedging Derivative Financial Instruments

The table below summarizes the carrying value of derivative instruments as of March 31, 2018 and December 31, 2017.

 

   

Asset Derivatives

    

Liability Derivatives

 

Derivatives not

designated as hedging

instruments under

ASC Topic 815

 

Balance
Sheet
Location

  Fair Value     

Balance
Sheet
Location

  Fair Value  
    March 31,
2018
    December 31,
2017
       March 31,
2018
    December 31,
2017
 
        (in thousands)          (in thousands)  

Forward purchase contracts

  Prepaid expenses and
other current assets
  $ 78     $ 3      Accrued Liabilities—current   $ 1     $ 4  

Total derivatives

    $ 78     $ 3        $ 1     $ 4