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Current and Long- Term Liabilities
3 Months Ended
Mar. 31, 2016
Current and Long-Term Liabilities  
Current and Long-Term Liabilities

 

I.CURRENT AND LONG-TERM LIABILITIES

Accrued Expenses

Accrued expenses consisted of the following as of March 31, 2016 and December 31, 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

March 31, 2016

 

December 31, 2015

 

Commercial rebates, fees and returns

    

$

52,561

    

$

45,161

 

Professional, license, and other fees and expenses

 

 

31,564

 

 

27,070

 

Interest expense

 

 

5,832

 

 

18,411

 

Salaries, bonuses, and other compensation

 

 

9,845

 

 

12,838

 

Restructuring expense

 

 

2,093

 

 

2,883

 

Total accrued expenses

 

$

101,895

 

$

106,363

 

 

Deferred Revenues

Our deferred revenues balance as of March 31, 2016 is primarily related to our CBR service revenues and includes: (a) amounts collected in advance of unit processing and (b) amounts associated with unearned storage fees collected at the beginning of the storage contract term, net of allocated discounts.