Debt and Capital Lease Obligations (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Capital Lease Obligations

The components of long-term debt and capital lease obligations consisted of the following:

	September 30,			December 31,
(in thousands, except interest rates)	2016			2015
Revolving credit facility and term loan 2.6% and 2.4% weighted-average interest rate at    September 30, 2016 and December 31, 2015, respectively, due through 2019 (1)	$	194,438		$	127,500
Less unamortized debt issuance costs (2)		(1,552	)		(1,572	)
Total debt		192,886			125,928
Capital lease obligations, 6.2% and 6.1% weighted-average interest rate at September 30,    2016 and December 31, 2015, respectively, due through 2018		1,589			1,475
Total debt and capital lease obligations		194,475			127,403
Current portion (3)		(115,623	)		(34,554	)
Long-term debt and capital lease obligations	$	78,852		$	92,849

⁽¹⁾ Represents the weighted-average interest rate in effect at the respective periods for the revolving credit facility and term loan borrowings, including any applicable margin. The interest rates do not include amortization of debt issuance costs or commitment fees.

⁽²⁾ In accordance with ASU 2015-03, unamortized debt issuance costs are reflected as a direct deduction from the carrying amount of the related debt. The Company applied the new guidance retrospectively to all prior periods presented in the condensed consolidated financial statements. As a result, $1.6 million of unamortized debt issuance costs were reclassified from other investments and assets to a reduction in long-term debt on the December 31, 2015 condensed consolidated balance sheet.

⁽³⁾ Borrowings under the revolving credit facility are classified as current because all borrowed amounts are due within one year.