Fair Value Measurements and Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Financial Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s financial liabilities measured at fair value on a recurring basis as of June 30, 2016 and December 31, 2015, at each hierarchical level:

	June 30, 2016										December 31, 2015
	Total			Level 1		Level 2			Level 3		Total			Level 1		Level 2			Level 3
Other long-term liabilities:
Interest rate swaps	$	(178	)	$	—	$	(178	)	$	—	$	(79	)	$	—	$	(79	)	$	—

Schedule of Derivative Financial Instruments Designated as Cash Flow Hedges

The following table presents the notional amount, fair value and balance sheet classification of the Company’s derivative financial instruments designated as cash flow hedges as of June 31, 2016 and December, 31, 2015:

		Notional		Fair
	Balance Sheet Location	Amount		Value
At June 30, 2016:
Interest rate swaps	Other long-term liabilities	$	43,788	$	178
At December 31, 2015:
Interest rate swaps	Other long-term liabilities	$	44,827	$	79

Schedule of Gains and Losses Before Income Taxes Recognized on Interest Rate Swaps Designated as Cash Flow Hedges

The following table presents gains and losses before income taxes on the Company’s interest rate swaps designated as cash flow hedges for the three and six-month periods ending June 30, 2016 and 2015:

	Three Months Ended					Six Months Ended
	June 30,					June 30,
	2016			2015		2016			2015
(Loss) gain recognized in accumulated other comprehensive loss	$	(49	)	$	198	$	(174	)	$	397
(Loss) gain reclassified from accumulated other comprehensive loss (effective portion)		(26	)		10		(53	)		1,970
Gain recognized in interest expense (ineffective portion and amount excluded from effectiveness testing)		—			274		—			541