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Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Long-term Debt Obligations

Quanta’s long-term debt obligations consisted of the following (in thousands):

 

     June 30, 2015      December 31, 2014  

Borrowings under credit facility

   $ 204,255       $ 68,793   

Other long-term debt, interest rates ranging from 1.4% to 4.3%

     5,906         6,370   

Capital leases, interest rates ranging from 6.0% to 7.3%

     6,732         1,146   
  

 

 

    

 

 

 

Total long-term debt obligations

     216,893         76,309   

Less — Current maturities of long-term debt

     2,638         3,820   
  

 

 

    

 

 

 

Total long-term debt obligations, net of current maturities

   $ 214,255       $ 72,489   
  

 

 

    

 

 

 
Current Maturities of Long-Term Debt and Short-Term Borrowings

Quanta’s current maturities of long-term debt and short-term borrowings consisted of the following (in thousands):

 

     June 30, 2015      December 31, 2014  

Short-term borrowings

   $ —         $ 5,056   

Current maturities of long-term debt

     2,638         3,820   
  

 

 

    

 

 

 

Current maturities of long-term debt and short-term borrowings

   $ 2,638       $ 8,876   
  

 

 

    

 

 

 
Information on Borrowings under Current and Prior Credit Facility and Applicable Interest Rates

Information on borrowings under Quanta’s credit facility and the applicable interest rates during the three and six months ended June 30, 2015 and 2014 is as follows (dollars in thousands):

 

    Three Months Ended
June 30, 2015
    Three Months Ended
June 30, 2014
    Six Months Ended
June 30, 2015
    Six Months Ended
June 30, 2014
 

Maximum amount outstanding during the period

  $ 330,473      $ 83,410      $ 330,473      $ 83,410   

Average daily amount outstanding under the credit facility

  $ 171,638      $ 23,940      $ 132,213      $ 11,983   

Weighted-average interest rate

    2.01     2.67     2.13     2.67