10.	RELATED PARTY TRANSACTIONS AND PARENT COMPANY EQUITY

Allocation of expenses.

The Condensed Consolidated Financial Statements include allocations of expenses from the Parent for certain overhead functions including, but not limited to, finance, human resources, legal, information technology, general insurance, risk management and other corporate functions. These expenses have been allocated to the Company on the basis of direct usage when identifiable, with the remainder generally allocated on a proportional basis using revenue or headcount. The Company was allocated $1.9 million and $2.4 million for the three months ended June 30, 2015 and 2014, respectively, and $5.8 million and $4.5 million for the six months ended June 30, 2015 and 2014, respectively, of corporate overhead costs incurred by the Parent. These cost allocations are included in selling, general and administrative expenses in the Condensed Consolidated Statements of Operations.

These expense allocations have been determined on the basis that both the Company and the Parent consider to be a reasonable reflection of the utilization of services provided or the benefit received by the Company during the periods presented. The allocations may not, however, reflect the expense the Company would have incurred as an independent company for the periods presented. Actual costs that may have been incurred if the Company had been a stand-alone company would depend on a number of factors, including the chosen organizational structure and certain strategic decisions.

Parent Company Equity.

The net assets of the Company are represented by the cumulative investment in the Company by GHC that is shown as Parent Company Equity, which comprises share capital, accumulated retained earnings of the Company, as well as settlements of intercompany balances and transactions between the Company and the Parent, and net transfers of cash and cash equivalents. The settlement of intercompany balances and transactions between the Company and the Parent that were not historically settled in cash are included in Additional Parent Company Investment (Deficit) and thus effectively deemed settled in cash for presentation purposes.

The components of net transfers to Parent are as follows (in thousands):

	For the Six			For the Twelve
	Months Ended			Months Ended
	June 30, 2015			December 31, 2014
Net change in current income tax accounts	$	(39,083	)	$	85,071
Allocation of overhead and other expenses-from Parent		5,800			12,671
Net advances to Parent		488			(227,022	)
Total net transfers to Parent	$	(32,795	)	$	(129,280	)