IPO TRANSACTION-RELATED COSTS

12 Months Ended

Dec. 31, 2015

We incurred generally non-recurring expenses related directly to the IPO. These costs consist primarily of incentive compensation and payroll-related costs paid to management. In addition, we incurred indirect legal, accounting, and other professional fees associated with the IPO transaction not related to the issuance of equity and debt. We reported these amounts as an operating expense for the year ended December 31, 2013. The following table summarizes these costs (in thousands):



	Year Ended December 31, 2013
Incentive compensation:
Compensation and payroll-related costs for termination of LTIC plan	$	6,512
Incentive compensation and payroll-related costs to other management employees	2,853
Other IPO-related costs	1,601
Total IPO transaction-related expenses	$	10,966