Long-Term Debt Obligations (Tables)

9 Months Ended

Sep. 30, 2014

Long-Term Debt Obligations

Schedule of components of long-term debt obligations

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

	September 30, 2014		December 31, 2013
Revolving credit facility	$	42,000	$	—
Notes to former owners		—		2,000
Total debt		42,000		2,000
Less—current portion		—		(2,000	)
Total long-term portion of debt	$	42,000	$	—

Summary of additional margins

	Consolidated Total Indebtedness to Credit Facility Adjusted EBITDA
	Less than 0.75			0.75 to 1.50			1.50 to 2.25			2.25 or greater
Additional Per Annum Interest Margin Added Under:
Base Rate Loan Option		0.25	%		0.50	%		0.75	%		1.00	%
Eurodollar Rate Loan Option		1.25	%		1.50	%		1.75	%		2.00	%