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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Measurements  
Schedule of fair value of assets and liabilities measured on a recurring basis

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value at June 30, 2016

 

Fair Value at December 31, 2015

(in thousands)

    

Level 1

    

Level 2

    

Level 3

    

Total

    

Level 1

    

Level 2

    

Level 3

    

Total

Contingent Consideration

 

$

 —

 

$

 —

 

$

 —

 

$

 —

 

$

 —

 

$

 —

 

$

502

 

$

502

 

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

 

 

 

 

(in thousands)

    

    

 

Balance at December 31, 2015

 

$

502

Payments

 

 

(502)

Balance at June 30, 2016

 

$

 —

 

Schedule of fair value of debt instruments

 

 

June 30, 2016

 

December 31, 2015

 

    

Carrying

    

Fair

    

Carrying

    

Fair

(in thousands)

 

Value

 

Value

 

Value

 

Value

Original notes - 7.625% (1)

 

$

419,898

 

$

392,062

 

$

419,274

 

$

401,094

Add-on notes - 7.625% (2)

 

 

226,401

 

 

202,950

 

 

227,029

 

 

207,625

(1) The carrying value of the Original notes - 7.625% is net of unamortized deferred financing costs of $5.1 and $5.7 million as of June 30, 2016 and December 31, 2015, respectively.

(2) The carrying value of the Add-on notes - 7.625% % is net of unamortized deferred financing costs of $2.1 and $2.4 million as of June 30, 2016 and December 31, 2015, respectively, and includes unamortized bond premium of $8.5 and $9.4 million as of June 30, 2016 and December 31, 2015, respectively.