The following table reflects the changes in the present value of
our acquisition related contingent earn-out consideration for the
three and nine months ended September 30, 2014:
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Three months ending
September 30, 2014 |
|
| |
|
(dollars in thousands) |
|
| |
|
Short-Term
Accrued Expenses
|
|
|
Long-Term
Other Liabilities
|
|
|
Total |
|
|
Beginning Balance as of July 1, 2014
|
|
$ |
1,556 |
|
|
$ |
1,599 |
|
|
$ |
3,155 |
|
|
Acquisitions
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
Accretion of acquisition-related contingent consideration
|
|
|
15 |
|
|
|
17 |
|
|
|
32 |
|
|
Change in the estimated fair value of contingent earn-out
consideration
|
|
|
382 |
|
|
|
163 |
|
|
|
545 |
|
|
Payments
|
|
|
(300 |
) |
|
|
— |
|
|
|
(300 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance as of September 30, 2014
|
|
$ |
1,653 |
|
|
$ |
1,779 |
|
|
$ |
3,432 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
|
Nine months ending
September 30, 2014 |
|
| |
|
(dollars in thousands) |
|
| |
|
Short-Term
Accrued Expenses
|
|
|
Long-Term
Other Liabilities
|
|
|
Total |
|
|
Beginning Balance as of January 1, 2014
|
|
$ |
329 |
|
|
$ |
287 |
|
|
$ |
616 |
|
|
Acquisitions
|
|
|
692 |
|
|
|
1,355 |
|
|
|
2,047 |
|
|
Accretion of acquisition-related contingent consideration
|
|
|
64 |
|
|
|
91 |
|
|
|
155 |
|
|
Change in the estimated fair value of contingent earn-out
consideration
|
|
|
692 |
|
|
|
222 |
|
|
|
914 |
|
|
Reclassification of payments due in next12 month to short-term
|
|
|
176 |
|
|
|
(176 |
) |
|
|
— |
|
|
Payments
|
|
|
(300 |
) |
|
|
— |
|
|
|
(300 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending Balance as of September 30, 2014
|
|
$ |
1,653 |
|
|
$ |
1,779 |
|
|
$ |
3,432 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|