Long-Term Obligations (Tables)

9 Months Ended

Sep. 30, 2015

Debt Disclosure [Abstract]

Schedule of long-term debt instruments

Long-term obligations consisted of the following at September 30, 2015 and December 31, 2014 (in thousands):

		September 30, 2015			December 31, 2014
Senior term notes	Notes payable, maturing in 2019, secured by assets, variable interest rate (1.69% and 1.67% at September 30, 2015 and December 31, 2014, respectively)	592,500			600,000
Revolving credit	Revolving line of credit, maturing in 2019, secured by assets, variable interest rate (1.69% and 1.67% at September 30, 2015 and December 31, 2014, respectively)	232,000			135,000
Secured seller notes	Notes payable matures in 2015, secured by assets and stock of certain subsidiaries, with interest rate of 10.0%	230			230
	Total debt obligations	824,730			735,230
	Capital lease obligations and other debt	56,425			59,538
		881,155			794,768
	Less — current portion	(34,043		)	(19,356		)
		$	847,112		$	775,412

Summary of Leverage Ratio in effect from time to time

Each of the aforementioned margins remain applicable until the date of delivery of the compliance certificate and the financial statements, for the period ended September 30, 2015, at which time the applicable margin will be determined by reference to the leverage ratio in effect from time to time as set forth in the following table:

Pricing Tier	Consolidated Leverage Ratio	Applicable Margin for Eurodollar Loans/Letter of Credit Fees		Applicable Margin for Base Rate Loans		Commitment Fee
1	≥ 4.00:1.00	2.25	%	1.25	%	0.45	%
2	< 4.00:1.00 and ≥ 3.25:1.00	2.00	%	1.00	%	0.40	%
3	< 3.25:1.00 and ≥ 2.50:1.00	1.75	%	0.75	%	0.35	%
4	< 2.50:1.00 and ≥ 1.75:1.00	1.50	%	0.50	%	0.30	%
5	< 1.75:1.00 and ≥ 1.00:1.00	1.25	%	0.25	%	0.25	%
6	< 1.00:1.00	1.00	%	—	%	0.25	%

Schedule of principal payments for senior term notes

The following table sets forth the scheduled principal payments for the Senior Credit Facility (in thousands):

	2015		2016		2017		2018		2019
Senior term notes	$	7,500	$	30,000	$	37,500	$	52,500	$	465,000
Revolving loans	—		—		—		—		232,000
	$	7,500	$	30,000	$	37,500	$	52,500	$	697,000