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Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2018
Fair Value Measurements  
Schedule of fair value of assets and liabilities measured on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value at September 30, 2018

 

Fair Value at December 31, 2017

(in thousands)

    

Level 1

    

Level 2

    

Level 3

    

Total

    

Level 1

    

Level 2

    

Level 3

    

Total

Contingent Consideration

 

$

 —

 

$

 —

 

$

200

 

$

200

 

$

 —

 

$

 —

 

$

133

 

$

133

 

Schedule of reconciliation of the beginning and ending balance for the Level 3 measurement

 

 

 

 

(in thousands)

    

    

 

Balance at December 31, 2017

 

$

133

Addition

 

 

67

Balance at September 30, 2018

 

$

200

 

Schedule of fair value of debt instruments

 

 

September 30, 2018

 

December 31, 2017

 

    

Carrying

    

Fair

    

Carrying

    

Fair

(in thousands)

 

Value

 

Value

 

Value

 

Value

Original Notes - 7.625% (1)

 

$

422,709

 

$

425,531

 

$

421,772

 

$

426,063

Add-on Notes - 7.625% (2)

 

 

223,201

 

 

220,275

 

 

224,338

 

 

220,550


(1) The carrying value of the Original Notes - 7.625% is net of unamortized deferred financing costs of $2.3 and $3.2 million as of September 30, 2018 and December 31, 2017, respectively.

(2) The carrying value of the Add-on Notes - 7.625% is net of unamortized deferred financing costs of $1.0 and $1.3 million as of September 30, 2018 and December 31, 2017, respectively, and includes unamortized bond premium of $4.2 and $5.7 million as of September 30, 2018 and December 31, 2017, respectively.