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Debt Obligations (Tables)
6 Months Ended
Jun. 30, 2016
Debt Disclosure [Abstract]  
Long-term Debt Obligations

Quanta’s long-term debt obligations consisted of the following (in thousands):

 

     June 30,
2016
     December 31,
2015
 

Borrowings under credit facility

   $ 398,028       $ 466,850   

Other long-term debt, interest rates ranging from 3.5% to 4.3%

     3,917         5,401   

Capital leases, interest rates ranging from 2.5% to 6.2%

     4,777         5,351   
  

 

 

    

 

 

 

Total long-term debt obligations

     406,722         477,602   

Less — Current maturities of long-term debt

     5,603         2,238   
  

 

 

    

 

 

 

Total long-term debt obligations, net of current maturities

   $ 401,119       $ 475,364   
  

 

 

    

 

 

 
Current Maturities of Long-Term Debt and Short-Term Borrowings

Quanta’s current maturities of long-term debt and short-term borrowings consisted of the following (in thousands):

 

     June 30,
2016
     December 31,
2015
 

Short-term borrowings

   $ —         $ 4,829   

Current maturities of long-term debt

     5,603         2,238   
  

 

 

    

 

 

 

Current maturities of long-term debt and short-term borrowings

   $ 5,603       $ 7,067   
  

 

 

    

 

 

 
Information on Borrowings under Current and Prior Credit Facility and Applicable Interest Rates

Information on borrowings under Quanta’s credit facility and the applicable interest rates during the three and six months ended June 30, 2016 and 2015 is as follows (dollars in thousands):

 

     Three Months Ended
June 30,
    Six Months Ended
June 30,
 
     2016     2015     2016     2015  

Maximum amount outstanding during the period

   $ 465,599      $ 330,473      $ 518,607      $ 330,473   

Average daily amount outstanding under the credit facility

   $ 426,172      $ 171,638      $ 449,101      $ 132,213   

Weighted-average interest rate

     2.17     2.01     2.08     2.13