The Company and Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2014

Reconciliation of Basic and Diluted Income (Loss) Per Share

The following table illustrates the reconciliation of the basic and diluted income (loss) per share computations required by ASC 260-10, “Earnings Per Share” (in thousands, except share and per share data):

	Three-Month Period				Six-Month Period
	Ended June 30,				Ended June 30,
	2014		2013		2014		2013
Basic earnings per share:
Numerator:
Net income (loss)	$	8,735	$	5,073	$	13,123	$	4,116
Denominator:
Weighted average common shares outstanding		89,276,794		87,074,952		88,982,009		86,768,686
Per share:
Net income (loss) per share	$	0.10	$	0.06	$	0.15	$	0.05
Diluted earnings per share:
Numerator:
Net income (loss)	$	8,735	$	5,073	$	13,123	$	4,116
Denominator:
Weighted average common shares outstanding		89,276,794		87,074,952		88,982,009		86,768,686
Dilutive securities:
Stock options and restricted stock units		1,925,938		2,153,838		2,092,928		1,379,228
Diluted shares outstanding		91,202,732		89,228,790		91,074,937		88,147,914
Per share:
Net income (loss) per share	$	0.10	$	0.06	$	0.14	$	0.05

Margin for Revolving Loans

(ii) thereafter, the Applicable Margin for the Revolving Loans shall equal the applicable LIBOR margin or Base Rate margin in effect from time to time determined as set forth below based upon the applicable First Lien Net Leverage Ratio then in effect pursuant to the appropriate column under the table below:

First Lien Net Leverage Ratio	LIBOR Margin			Base Rate Margin
³ 4.50 to 1.00		2.50	%		1.50	%
< 4.50 to 1.00		2.25	%		1.25	%

Fair Value of Assets and Liabilities on a Recurring Basis

The following table presents the Company’s financial assets and liabilities measured at fair value on a recurring basis in the consolidated balance sheets (in millions):

a
	June 30, 2014
		Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
				Level 1		Level 2		Level 3
Liabilities:
Interest rate swap		$	2.5	$	—	$	2.5	$	—
	December 31, 2013
		Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
				Level 1		Level 2		Level 3
Assets:
Interest rate swap		$	0.4	$	—	$	0.4	$	—

Summary of Components of AOCI

Accumulated other comprehensive income (loss) includes the cumulative gains and losses of derivative instruments that qualify as cash flow hedges. The following table provides a rollforward of accumulated other comprehensive income (loss) for the six-month periods ended June 30, 2014 and 2013 (in millions):

	2014			2013
Accumulated other comprehensive income (loss) as of January 1,	$	0.2		$	—
Other comprehensive income (loss)		(2.9	)		—
Income tax benefit (expense)		1.1			—
Other comprehensive income (loss), net of tax		(1.8	)		—
Accumulated other comprehensive income (loss) as of June 30,	$	(1.6	)	$	—