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Fair Value Measurement (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Measurement  
Schedule of financial assets and liabilities measured at fair value on a recurring basis and basis of measurement

 

 

 

Fair Value Measurement at
September 30, 2014 (unaudited)

 

Fair Value Measurement at
December 31, 2013

 

 

 

Level 1

 

Level 2

 

Level 3

 

Level 1

 

Level 2

 

Level 3

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Prepaid expenses and other

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap

 

 

$

853

 

 

 

$

824

 

 

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Accrued expenses

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent acquisition consideration

 

 

 

 

1,592

 

 

 

 

1,374

 

Other long term liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Contingent acquisition consideration

 

 

 

$

210

 

 

 

$

163

 

Schedule of reconciliation of the beginning and ending balances for liabilities measured at fair value using significant unobservable inputs (level 3)

 

 

 

Due to Seller

 

Balance at December 31, 2013

 

$

(1,537

)

Payment of contingent consideration

 

441

 

Contingent consideration on acquisition

 

(43

)

Change in fair value

 

(663

)

 

 

 

 

Balance at September 30, 2014

 

$

(1,802

)

Schedule of carrying and estimated fair values of the Company's financial instruments

 

 

 

September 30, 2014

 

December 31, 2013

 

 

 

Carrying
Amount

 

Fair Value

 

Carrying
Amount

 

Fair Value

 

 

 

 

 

 

 

 

 

 

 

Financial Assets:

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

18,165

 

$

18,165

 

$

23,158

 

$

23,158

 

Financial Liabilities:

 

 

 

 

 

 

 

 

 

Debt obligations—

 

 

 

 

 

 

 

 

 

Senior Credit Facility, net of original discount on borrowings

 

260,989

 

260,989

 

286,672

 

286,672

 

Other debt obligations

 

2,291

 

2,291

 

1,994

 

1,994

 

Total debt obligations

 

$

263,280

 

$

263,280

 

$

288,666

 

$

288,666