Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of estimated useful lives of the assets

	Years
Land improvements and buildings	15	-	40
Leasehold improvements	12
Machinery and equipment	3	-	20
Furniture and fixtures	3	-	12
Mobile equipment and other	3	-	10

Schedule of changes in deferred financing costs

Balance at December 31, 2011	$	3,402
Deferred financing costs capitalized on new debt		168
Amortization of deferred financing costs		(776)
Balance at December 31, 2012		2,794
Amortization of deferred financing costs		(578)
Balance at December 31, 2013		2,216
Write-off of unamortized deferred financing costs		(701)
Deferred financing costs capitalized on new debt		1,549
Amortization of deferred financing costs		(579)
Balance at December 31, 2014	$	2,485

Schedule of financial assets and liabilities measured at fair value on a recurring basis and disclosure of the fair value of long-term debt

		Fair Value at 12/31/2014		Fair Value at 12/31/2013
Assets:
Other long-term assets (a)	$	1,725	$	1,127
Total Assets	$	1,725	$	1,127
Liabilities:
Long term debt (b)		187,160		110,439
Earnout - Henderson (c)		600		-
Earnout - Trynex (d)		1,987		3,587
Interest rate swap (e)		-		282
Total Liabilities	$	189,147	$	114,308

(a) Included in other assets is the cash surrender value of insurance policies on various individuals that are associated with the Company. The carrying amounts of these insurance policies approximates their fair value.

(b) The fair value of the Company’s long‑term debt, including current maturities, is estimated using discounted cash flows based on the Company’s current incremental borrowing rates for similar types of borrowing arrangements, which is a Level 2 input for all periods presented. Meanwhile, long‑term debt is recorded at carrying amount, net of discount, as disclosed on the face of the balance sheet.

(c) Included in accrued expenses and other current liabilities and other long term liabilities in the amounts of $158and $442, respectively, at December 31, 2014 is the fair value of an obligation for a portion of the potential earn out acquired in conjunction with the acquisition of Henderson. Fair value is based upon Level 3 discounted cash flow analysis using key inputs of forecasted future sales as well as a growth rate reduced by the market required rate of return. See reconciliation of liability included below:

	December 31,
	2014
Beginning Balance	$	-
Additions		600
Adjustments to fair value		-
Ending balance	$	600

(d) Included in accrued expenses and other current liabilities and other long term liabilities in the amounts of $250 and $1,737, respectively, at December 31, 2014 is the fair value of an obligation for the potential earn out incurred in conjunction with the acquisition of substantially all of TrynEx Inc.’s (“TrynEx”) assets. Meanwhile, $3,587 was included in other long term liabilities at December 31, 2013.  Fair value is based upon Level 3 inputs of a monte carlo simulation analysis using key inputs of forecasted future sales and financial performance as well as a growth rate reduced by the market required rate of return. See reconciliation of liability included below:

	December 31,
	2014		2013
Beginning Balance	$	3,587	$	-
Additions		—		3,587
Adjustments to fair value		400		-
Payments to former owners		(2,000)		-
Ending balance	$	1,987	$	3,587

(e) Interest rate swaps are included in accrued expenses and other current liabilities.  Valuation models are calibrated to initial trade price. Subsequent valuations are based on observable inputs to the valuation model (e.g. interest rates and credit spreads). Model inputs are changed only when corroborated by market data. A credit risk adjustment is made using observable market credit spreads. Thus, inputs used to determine fair value of the interest rate swap are Level 2 inputs.  In December 2014, the Company’s interest rate swap expired.

Schedule of the Company's product offerings

		Year ended December 31,
		2014		2013		2012
Equipment	$	254,234	$	164,460	$	123,308
Parts and accessories		49,278		29,860		16,725
Net Sales	$	303,511	$	194,320	$	140,033

Trynex

Schedule of reconciliation of liability

	December 31,
	2014		2013
Beginning Balance	$	3,587	$	-
Additions		—		3,587
Adjustments to fair value		400		-
Payments to former owners		(2,000)		-
Ending balance	$	1,987	$	3,587

Henderson

Schedule of reconciliation of liability

	December 31,
	2014
Beginning Balance	$	-
Additions		600
Adjustments to fair value		-
Ending balance	$	600