Annual report pursuant to Section 13 and 15(d)

FAIR VALUE MEASUREMENTS (Tables)

v3.6.0.2
FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Measurement of Assets and Liabilities on Recurring Basis

Below is a summary of assets and liabilities measured at fair value on a recurring basis as of December 31, 2015:

 

      Carrying
Value
     Fair Value  

Description

      Level 1      Level 2      Level 3  

Interest rate swap liabilities — current (1)

   $ (373    $ —        $ —        $ (373

Investment in RealD (2)

   $ 12,900      $ 12,900      $ —        $ —    

 

(1) 

The Company was previously party to an interest rate swap agreement. That agreement expired in April 2016.

(2) 

The Company’s investment in RealD was sold in March of 2016. See discussion at Note 6.

Reconciliation of Beginning and Ending Balance for Liabilities Measured at Fair Value

Below is a reconciliation of the beginning and ending balance for liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3):

 

     Liabilities  
     2015      2016  

Beginning balances — January 1

   $ 4,572      $ 373  

Total (gain) loss included in accumulated other comprehensive loss

     (155      71  

Settlements

     (4,790      (444
  

 

 

    

 

 

 

Ending balances — December 31

   $ 373      $ —