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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2014
Commitments and Contingencies  
Schedule of future minimum rental payments

Commitments for future minimum rental payments with terms in excess of one year at December 31, 2014 are as follows (in thousands):

 

 

 

December 31,

 

 

 

2014

 

2015

 

$

14,479 

 

2016

 

11,040 

 

2017

 

9,531 

 

2018

 

5,544 

 

2019

 

3,434 

 

Thereafter

 

18,641 

 

Total

 

$

62,669 

 

 

Schedule of guarantees

 

We have issued the following guarantees that are not recorded on our accompanying balance sheet (dollars in thousands):

 

 

 

Term

 

Maximum Potential
Undiscounted
Payments as of
December 31, 2014

 

Performance guarantees through letters of credit(1)

 

2015-2019

 

$

142,785 

 

Standby letters of credit

 

2015 

 

12,910 

 

Commercial letters of credit

 

2015 

 

9,192 

 

Bid bonds and performance bonds(1)

 

2015-2023

 

86,378 

 

Maximum potential undiscounted payments

 

 

 

$

251,265 

 

 

(1)

We have issued guarantees to third parties to ensure performance of our obligations, some of which may be fulfilled by third parties.