Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

v3.7.0.1
Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2017
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
Schedule of Amounts of Non-hedging Derivative Financial Instruments

The table below summarizes the carrying value of derivative instruments as of June 30, 2017 and December 31, 2016.

 

Derivatives not

designated as hedging

instruments under

ASC Topic 815

  Asset Derivatives     Liability Derivatives  
  Balance Sheet Location     Fair Value     Balance Sheet Location     Fair Value  
    June 30, 2017     December 31,
2016
      June 30,
2017
    December 31,
2016
 
          (in thousands)     (in thousands)           (in thousands)     (in thousands)  

Forward purchase contracts

   
Prepaid expenses and other
current assets
 
 
  $ 5     $ 9       Accrued liabilities—current     $ 37     $ 19  

Total derivatives

    $ 5     $ 9       $ 37     $ 19