Quarterly report pursuant to Section 13 or 15(d)

Purchase Price Obligations (Tables)

v3.8.0.1
Purchase Price Obligations (Tables)
9 Months Ended
Sep. 30, 2017
Fair Value Remeasurement Based on Significant Inputs Not Observable, Level 3 Measurement

Changes in the fair value of purchase price obligations were as follows:

 

Fair value, January 1, 2017 (1)

   $ 3.0  

Fair value of acquisition liabilities paid (2)

     (1.2

Change in fair value (3)

     (1.6
  

 

 

 

Fair value, September 30, 2017 (4)

   $ 0.2  
  

 

 

 

 

(1) Includes $0.9 million to be paid in cash, $0.6 million to be settled in common stock and $1.5 million that may be settled, at our option, in either cash or an equivalent amount of common stock based upon their then-current market value, if certain performance criteria had been met.
(2) Such acquisition liabilities were settled in common stock and cash.
(3) Change in fair value includes a reduction due to a change in assumptions utilized in the calculation of purchase price obligations and not meeting applicable thresholds.
(4) Includes $0.2 million to be settled in common stock.