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LONG-TERM OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2015
LONG-TERM OBLIGATIONS  
Summary of long-term obligations

 

        Long-term obligations consisted of the following (in thousands):

                                                                                                                                                                                    

 

 

As of December 31, 2015

 

As of December 31, 2014

 

 

 

Principal

 

Unamortized
Debt Issuance
Costs

 

Principal

 

Unamortized
Debt Issuance
Costs

 

Senior secured term loan, variable interest rate, due 2020

 

$

367,213

 

$

(5,264

)

$

296,250

 

$

(5,703

)

Capital leases, due various dates from 2016 to 2021

 

 

13,326

 

 

 

 

3,177

 

 

 

Notes payable, 2.20%, due 2017

 

 

8,303

 

 

 

 

12,895

 

 

 

Acquisition-related liabilities

 

 

 

 

 

 

1,159

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total obligations

 

 

388,842

 

 

(5,264

)

 

313,481

 

 

(5,703

)

Less: Obligations due within one year

 

 

12,213

 

 

 

 

10,959

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Long-term obligations

 

$

376,629

 

$

(5,264

)

$

302,522

 

$

(5,703

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of acquisition-related liabilities

 

        Acquisition-related liabilities consisted of the following (in thousands):

                                                                                                                                                                                    

 

 

December 31,
2014

 

Minus 10 deferred acquisition price

 

$

43 

 

Minus 10 contingent consideration

 

 

1,116 

 

​  

​  

Total acquisition-related liabilities

 

$

1,159 

 

​  

​  

​  

​  

 

Summary of maturity of long-term obligations outstanding

 

        The annual maturities of long-term obligations for the next five fiscal years and thereafter are as follows (in thousands):

                                                                                                                                                                                    

 

 

 

 

Capital Leases

 

 

 

 

 

Year Ending December 31,

 

Credit
Agreement

 

Minimum
Lease
Payments

 

Less
Interest

 

Principal
Amount

 

Note
Payable

 

Total Principal
Payments

 

2016

 

$

3,650

 

$

4,391

 

$

(534

)

$

3,857

 

$

4,706

 

$

12,213

 

2017

 

 

3,650

 

 

3,750

 

 

(358

)

 

3,392

 

 

3,597

 

 

10,639

 

2018

 

 

3,650

 

 

2,755

 

 

(220

)

 

2,535

 

 

 

 

6,185

 

2019

 

 

3,650

 

 

1,954

 

 

(120

)

 

1,834

 

 

 

 

5,484

 

2020

 

 

352,613

 

 

1,210

 

 

(46

)

 

1,164

 

 

 

 

353,777

 

Thereafter

 

 

 

 

552

 

 

(8

)

 

544

 

 

 

 

544

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Total

 

$

367,213

 

$

14,612

 

$

(1,286

)

$

13,326

 

$

8,303

 

$

388,842

 

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