The Company and Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2017

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,
	2017		2016
Basic earnings per share:
Numerator:
Net income	$	2,618	$	2,270
Denominator:
Weighted average common shares outstanding		90,236,476		88,897,456
Per share:
Net income per share	$	0.03	$	0.03
Diluted earnings per share:
Numerator:
Net income	$	2,618	$	2,270
Denominator:
Weighted average common shares outstanding		90,236,476		88,897,456
Dilutive securities:
Stock options and restricted stock units		1,524,055		2,034,653
Diluted shares outstanding		91,760,531		90,932,109
Per share:
Net income per share	$	0.03	$	0.02

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
≥ 4.50 to 1.00		2.50	%		1.50	%
< 4.50 to 1.00		2.25	%		1.25	%

Fair Value of Assets and Liabilities Measured on 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, 2017
	Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
			Level 1		Level 2		Level 3
Liabilities:
Interest rate swap	$	3.9	$	—	$	3.9	$	—
	December 31, 2016
	Total Fair Value and Carrying Value on Balance Sheet		Fair Value Measurement Category
			Level 1		Level 2		Level 3
Liabilities:
Interest rate swap	$	4.8	$	—	$	4.8	$	—

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 roll-forward of accumulated other comprehensive income (loss) for the three-month periods ended March 31, 2017 and 2016 (in millions):

	2017			2016
Accumulated other comprehensive loss as of January 1,	$	(3.0	)	$	(4.1	)
Other comprehensive income (loss)		0.9			(1.0	)
Income tax benefit		(0.3	)		0.4
Other comprehensive income (loss), net of tax		0.6			(0.6	)
Accumulated other comprehensive loss as of March 31,	$	(2.4	)	$	(4.7	)