Writedowns and Other Charges

12 Months Ended

Dec. 31, 2014

Restructuring and Related Activities [Abstract]

Writedowns and Other Charges

Writedowns and Other Charges

Writedown of capitalized debt costs

In 2014 and 2013, the Company made principal repayments under the Credit Agreement of $235.0 million and $300.0 million, respectively. As a result, for the years ended 2014 and 2013, $9.6 million and $13.2 million, respectively, were written down.

Lease loss accrual

For the years ended 2014 and 2013, the Company recorded $8.6 million and $7.1 million, respectively, of net lease loss accruals related to excess real estate capacity.

Writedown of assets

For the year ended 2013, the Company recorded $7.7 million in writedown of assets primarily related to leasehold improvements and fixed assets.