XML 80 R47.htm IDEA: XBRL DOCUMENT v3.3.1.900
Debt and Capital Lease Obligations (Tables)
 12 Months Ended
Dec. 31, 2015
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:

 

 

 

December 31,

 

(in thousands, except interest rates)

 

2015

 

 

2014

 

Revolving credit facility and term loan 2.4% and 2.4% weighted-average interest

   rate at December 31, 2015 and 2014, respectively, due through 2019 (1)

 

$

127,500

 

 

$

139,500

 

Capital lease obligations, 6.1% and 6.0% weighted-average interest rate at

   December 31, 2015 and 2014, respectively, due through 2018

 

 

1,475

 

 

 

1,520

 

Total debt

 

 

128,975

 

 

 

141,020

 

Current portion

 

 

(34,554

)

 

 

(27,856

)

Long-term debt and capital lease obligations

 

$

94,421

 

 

$

113,164

 

 

1.

Represents the weighted-average interest rate in effect at December 31 for 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.
Schedule of Aggregate Annual Maturities of Long-term Debt and Capital Lease Obligations

Aggregate annual maturities of long-term debt and capital lease obligations as of December 31, 2015 are as follows:

 

(in thousands)

 

Revolving Credit

Agreement

 

 

Capital Lease

Obligations

 

Year ending December 31,

 

 

 

 

 

 

 

 

2016

 

$

33,750

 

 

$

926

 

2017

 

 

18,750

 

 

 

570

 

2018

 

 

18,750

 

 

 

207

 

2019

 

 

56,250

 

 

 

—

 

2020

 

 

—

 

 

 

—

 

Total

 

$

127,500

 

 

$

1,703

 

Less: Amount representing interest

 

 

 

 

 

 

(228

)

Present value of minimum lease payments

 

 

 

 

 

$

1,475