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Debt (Tables)
9 Months Ended
Sep. 30, 2015
Debt Disclosure [Abstract]  
Components of Debt, Obligations, Weighted Average Interest Rate and Additional Fair Value Information Relating to Outstanding Debt Instruments

The table below summarizes the carrying amount and weighted average interest rate of the Company’s debt (in thousands, except percentages): 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2015

 

December 31, 2014

 

 

    

 

 

    

Weighted

    

 

 

    

Weighted

 

 

 

 

 

 

Average

 

 

 

 

Average

 

 

 

Carrying

 

Interest

 

Carrying

 

Interest

 

 

 

Amount

 

Rate

 

Amount

 

Rate

 

Notes payable

 

$

10,196

 

 

$

12,771

 

 

Short-term borrowing

 

 

 —

 

 —

 

 

10,000

 

3.18

%  

Total notes payable and short-term borrowing

 

$

10,196

 

 

 

$

22,771

 

 

 

Long-term debt, current and non-current:

 

 

 

 

 

 

 

 

 

 

 

Bank borrowings-Comerica Bank

 

$

23,800

 

2.95

%

$

17,500

 

3.16

%  

Bank borrowings-Mitsubishi Bank

 

 

12,038

 

1.53

%

 

 —

 

 —

 

Acquisition-related debt

 

 

 —

 

 —

 

 

5,836

 

1.5

%

Total long-term debt, current and non-current

 

 

35,838

 

 

 

 

23,336

 

 

 

Unaccreted discount within current portion of long-term debt

 

 

(72)

 

 

 

 

 —

 

 

 

Unaccreted discount within long-term debt, net of current portion

 

 

(198)

 

 

 

 

 —

 

 

 

Total long-term debt, net of unaccreted discount

 

$

35,568

 

 

 

$

23,336

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reported as:

 

 

 

 

 

 

 

 

 

 

 

Current portion of long-term debt

 

$

24,563

 

 

 

$

2,445

 

 

 

Long-term debt, net of current portion

 

 

11,005

 

 

 

 

20,891

 

 

 

Total long-term debt, net of unaccreted discount

 

$

35,568

 

 

 

$

23,336

 

 

 

 

Maturities of Long-term Debt

At September 30, 2015, maturities of long-term debt were as follows (in thousands):

 

 

 

 

 

2015 (remaining three months)

    

$

24,009

2016

 

 

835

2017

 

 

835

2018

 

 

5,009

2019

 

 

835

Thereafter

 

 

4,315

 

 

$

35,838