The Company and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Accounting Policies [Abstract]

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 Accounting Standards Codification (ASC) 260-10, “Earnings per Share” (in thousands, except share and per share data):

	Three-Month Period
	Ended March 31,
	2015		2014
Basic earnings per share:
Numerator:
Net income (loss)	$	5,284	$	4,388
Denominator:
Weighted average common shares outstanding		87,531,375		88,683,948
Per share:
Net income (loss) per share	$	0.06	$	0.05
Diluted earnings per share:
Numerator:
Net income (loss)	$	5,284	$	4,388
Denominator:
Weighted average common shares outstanding		87,531,375		88,683,948
Dilutive securities:
Stock options and restricted stock units		2,554,586		2,259,918
Diluted shares outstanding		90,085,961		90,943,866
Per share:
Net income (loss) per share	$	0.06	$	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):

	March 31, 2015
	Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
			Level 1		Level 2		Level 3
Liabilities:
Interest rate swap	$	5.3	$	—	$	5.3	$	—
Contingent Consideration	$	0.3	$	—	$	—	$	0.3
	December 31, 2014
	Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
			Level 1		Level 2		Level 3
Liabilities:
Interest rate swap	$	3.4	$	—	$	3.4	$	—
Contingent Consideration	$	1.3	$	—	$	—	$	1.3

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 three-month periods ended March 31, 2015 and 2014 (in millions):

	2015			2014
Accumulated other comprehensive income (loss) as of January 1,	$	(2.1	)	$	0.2
Other comprehensive income (loss)		(1.9	)		(1.0	)
Income tax benefit (expense)		0.7			0.4
Other comprehensive income (loss), net of tax		(1.2	)		(0.6	)
Accumulated other comprehensive income (loss) as of March 31,	$	(3.3	)	$	(0.4	)