Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Long-term Debt

At December 31, 2015 and 2014, long-term debt consists of the following: 

	December 31,
	2015			2014
	(amounts in thousands)
Senior Secured Asset-Based, weighted average interest of 2.41% and 2.61% at December 31, 2015 and 2014, respectively	$	8,000		$	3,500
Second Lien Term Loan, net of unamortized discount of $786 and$1,011 at December 31, 2015 and 2014, respectively, interest 5.75% and 7.50% at December 31, 2015 and 2014, respectively	29,214			28,989
Convertible Notes, net of unamortized discount of $5,771 and $7,053 at December 31, 2015 and 2014, respectively, fixed rate interest 8.00%	19,229			17,947
Convertible Notes derivative liability	33,337			23,436
Capital lease obligations	94			202
Total debt	89,874			74,074
Less current portion	(8,071		)	(3,607		)
Long-term debt	$	81,803		$	70,467

Aggregate Scheduled Maturities of Debt

As of December 31, 2015, the aggregate scheduled maturities of debt are as follows:

	Term Loan		Convertible Notes		Revolver		Capital Leases
	(amounts in thousands)
Through Years Ending December 31:
2016	$	—	$	—	$	8,000	$	71
2017	—		—		—		13
2018	—		—		—		8
2019	30,000		—		—		2
2020	—		25,000		—		—
Thereafter	—		—		—		—
Total	$	30,000	$	25,000	$	8,000	$	94

Debt Terms

Pricing Level	Total Net Leverage Ratio	Applicable Margin
I	Less than 2.50:1.00	4.75%
II	Greater than or equal to 2.50:1.00 but less than or equal to 3.25:1.00	5.25%
III	Greater than 3.25:1.00  but less than or equal to 4:00:1.00	5.75%
IV	Greater than 4.00:1.00	6.50%
Above terms defined in accordance with the Second Lien Term Loan Agreement.