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Interest Rate Swap Agreements (Tables)
3 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The effect of the Company’s interest rate swap agreements on the condensed consolidated balance sheets at March 31, 2016 and December 31, 2015 is shown below (in thousands):
 
As of March 31, 2016
Derivatives designated as hedging instruments:
Balance Sheet Location
 
Fair Value
Interest rate swaps, Current
Other accrued liabilities
 
$
2,388

Interest rate swaps, Long-term
Other long-term liabilities
 
$
1,011

 
 
 
 
 
As of December 31, 2015
Derivatives designated as hedging instruments:
Balance Sheet Location
 
Fair Value
Interest rate swaps, Current
Other accrued liabilities
 
$
2,375

Interest rate swaps, Long-term
Other long-term liabilities
 
$
1,232

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The gross effect of the Company’s interest rate swap agreements on the condensed consolidated statements of comprehensive income/(loss) for the three months ended March 31, 2016 and 2015 is shown below (in thousands):
 
Amount Recognized in Interest Expense (Pre-Tax)
 
Amount of Loss/(Gain) Recognized in Other Comprehensive Income on Derivative (Effective Portion) (Pre-Tax)
 
Three Months Ended March 31, 2016
Three Months Ended March 31, 2015
 
Three Months Ended March 31, 2016
Three Months Ended March 31, 2015
Interest rate swaps
$
609

$

 
$
(208
)
$
817