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Commitments and Loss Contingency
6 Months Ended
Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Loss Contingency

Note 14. Commitments and Loss Contingency

Commitments

During the six months ended June 30, 2015, the Company entered into several leases in the ordinary course of business. The following is a schedule of future minimum rental payments required under operating leases that have noncancelable lease terms as of June 30, 2015 (in thousands):

 

     Amount  

2015 (remaining six months)

   $ 2,153   

2016

     9,527   

2017

     9,320   

2018

     9,271   

2019

     9,530   

2020

     8,677   

2021 and thereafter

     18,932   
  

 

 

 

Total minimum payments required

$ 67,410   
  

 

 

 

During the six months ended June 30, 2015, the Company entered into agreements with third-party vendors in the ordinary course of business whereby the Company committed to purchase goods and services used in its normal operations. These agreements, which are not cancelable, generally range from one to five year periods and contain fixed or minimum annual commitments. Certain of these agreements allow for renegotiation of the minimum annual commitments based on certain conditions. The following is a schedule of the future minimum purchases remaining under the agreements as of June 30, 2015 (in thousands):

 

     Amount  

2015 (remaining six months)

   $ 2,681   

2016

     787   

2017

     633   

2018

     —     

2019

     —     

2020

     —     

2021 and thereafter

     —     
  

 

 

 

Total minimum payments required

$ 4,101   
  

 

 

 

Except as outlined above, there have not been any material changes to the outstanding contractual obligations from the disclosure in our Annual Report on Form 10-K for the year ended December 31, 2014.

Loss Contingency

The Company from time to time is involved in legal actions arising in the ordinary course of business. With respect to these matters, management believes that the Company has adequate legal defenses and/or when possible and appropriate, provided adequate accruals related to those matters such that the ultimate outcome will not have a material adverse effect on the Company’s financial position or results of operations.