XML 74 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured at Fair Value

The following table presents the Company’s estimated fair value measurements and related classifications as of March 31, 2015:

 

     Quoted Prices in
Active Markets
for Identical
Assets and
Liabilities

(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance at
March 31,
2015
 

Liabilities:

           

Derivative financial instruments (a)

   $ —         $ 2,312       $ —         $ 2,312   

Long-term obligations (b)

   $ —         $ 1,378,925       $ 264,473       $ 1,643,398   

 

(a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $2,312.
(b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $44,050 and long-term debt of $1,586,435 as of March 31, 2015.

There were no transfers between Levels 1, 2 or 3 during the year ended December 31, 2014. The Company did not have any assets measured at fair value as of December 31, 2014. The following table presents the Company’s estimated fair value measurements and related classifications as of December 31, 2014:

 

     Quoted Prices in
Active Markets
for Identical
Assets and
Liabilities
(Level 1)
     Significant
Other
Observable
Inputs
(Level 2)
     Significant
Unobservable
Inputs
(Level 3)
     Balance at
December 31,
2014
 

Liabilities:

           

Derivative financial instruments (a)

   $ —         $ 628       $ —         $ 628   

Long-term obligations (b)

   $ —         $ 1,352,438       $ 263,197       $ 1,615,635   

 

(a) Reflected at fair value in the unaudited condensed consolidated balance sheet as other liabilities of $628.
(b) Reflected at carrying value in the unaudited condensed consolidated balance sheet as current maturities on long-term debt of $14,050 and long-term debt of $1,589,403 as of December 31, 2014.