Quarterly report pursuant to Section 13 or 15(d)

CONTINGENT EARN-OUT CONSIDERATION (Tables)

v3.7.0.1
CONTINGENT EARN-OUT CONSIDERATION (Tables)
6 Months Ended
Jun. 30, 2017
Business Combination, Contingent Consideration, Liability [Abstract]  
Schedule of changes in present value of acquisition related contingent earn-out consideration
The following table reflects the changes in the present value of our acquisition-related estimated contingent earn-out consideration during the three and six month periods ended June 30, 2017 and 2016:
 
 
 
Three Months Ended June 30, 2017
 
 
 
Short-Term 
 
Long-Term 
 
 
 
 
 
Accrued Expenses
 
Other Liabilities
 
Total
 
 
 
(Dollars in thousands)
 
Beginning Balance as of April 1, 2017
 
$
60
 
$
—
 
$
60
 
Acquisitions
 
 
17
 
 
—
 
 
17
 
Accretion of acquisition-related contingent earn-out consideration
 
 
2
 
 
—
 
 
2
 
Change in the estimated fair value of contingent earn-out consideration
 
 
(43)
 
 
—
 
 
(43)
 
Reclassification of payments due in next 12 months to short-term
 
 
—
 
 
—
 
 
—
 
Payments
 
 
(5)
 
 
—
 
 
(5)
 
Ending Balance as of June 30, 2017
 
$
31
 
$
—
 
$
31
 
 
 
 
Three Months Ended June 30, 2016
 
 
 
Short-Term 
 
Long-Term 
 
 
 
 
 
Accrued Expenses
 
Other Liabilities
 
Total
 
 
 
(Dollars in thousands)
 
Beginning Balance as of April 1, 2016
 
$
541
 
$
33
 
$
574
 
Acquisitions
 
 
—
 
 
—
 
 
—
 
Accretion of acquisition-related contingent earn-out consideration
 
 
5
 
 
1
 
 
6
 
Change in the estimated fair value of contingent earn-out consideration
 
 
(134)
 
 
—
 
 
(134)
 
Reclassification of payments due in next 12 months to short-term
 
 
34
 
 
(34)
 
 
—
 
Payments
 
 
(5)
 
 
—
 
 
(5)
 
Ending Balance as of June 30, 2016
 
$
441
 
$
—
 
$
441
 
 
 
 
Six Months Ended June 30, 2017
 
 
 
Short-Term 
 
Long-Term 
 
 
 
 
 
Accrued Expenses
 
Other Liabilities
 
Total
 
 
 
(Dollars in thousands)
 
Beginning Balance as of January 1, 2017
 
$
66
 
$
—
 
$
66
 
Acquisitions
 
 
17
 
 
—
 
 
17
 
Accretion of acquisition-related contingent earn-out consideration
 
 
4
 
 
—
 
 
4
 
Change in the estimated fair value of contingent earn-out consideration
 
 
(42)
 
 
—
 
 
(42)
 
Reclassification of payments due in next 12 months to short-term
 
 
—
 
 
—
 
 
—
 
Payments
 
 
(14)
 
 
—
 
 
(14)
 
Ending Balance as of June 30, 2017
 
$
31
 
$
—
 
$
31
 
 
 
 
Six Months Ended June 30, 2016
 
 
 
Short-Term 
 
Long-Term 
 
 
 
 
 
Accrued Expenses
 
Other Liabilities
 
Total
 
 
 
(Dollars in thousands)
 
Beginning Balance as of January 1, 2016
 
$
173
 
$
602
 
$
775
 
Acquisitions
 
 
—
 
 
—
 
 
—
 
Accretion of acquisition-related contingent earn-out consideration
 
 
8
 
 
8
 
 
16
 
Change in the estimated fair value of contingent earn-out consideration
 
 
(208)
 
 
(54)
 
 
(262)
 
Reclassification of payments due in next 12 months to short-term
 
 
556
 
 
(556)
 
 
—
 
Payments
 
 
(88)
 
 
—
 
 
(88)
 
Ending Balance as of June 30, 2016
 
$
441
 
$
—
 
$
441