Fair Value Measurements and Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2017

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, 2017 and December 31, 2016, at each hierarchical level:

	June 30, 2017								December 31, 2016
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Other assets:
Interest rate swaps	$	126	$	—	$	126	$	—	$	—	$	—	$	—	$	—
Other long-term liabilities:
Interest rate swaps	$	—	$	—	$	—	$	—	$	100	$	—	$	100	$	—

Summary of Gross Presentation, Effects of Offsetting and Net Presentation of Derivative Instruments

The following table provides a gross presentation, the effects of offsetting, and the net presentation of these derivative instruments as of June 30,2017. The net amount of the derivative asset can be reconciled to the fair value disclosures.

	Gross Amount Recognized		Gross Amount Offset on the Balance Sheet			Net Amount Presented on the Balance Sheet
Other assets	$	137	$	(11	)	$	126
Other long-term liabilities	$	11	$	(11	)	$	—

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 30, 2017 and December, 31, 2016:

	Balance Sheet Location		Notional Amount		Fair Value
At June 30, 2017:
Interest rate swaps		Other assets	$	90,000	$	126
At December 31, 2016:
Interest rate swaps		Other long-term liabilities	$	42,750	$	100

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, 2017 and 2016:

	Three Months Ended June 30,						Six Months Ended June 30,
	2017			2016			2017			2016
Gain (loss) recognized in accumulated other comprehensive loss	$	131		$	(49	)	$	156		$	(174	)
Loss reclassified from accumulated other comprehensive loss		(24	)		(26	)		(49	)		(53	)
Gain recognized in interest expense (ineffective portion and amount excluded from effectiveness testing)		—			—			—			—