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Related party transactions
9 Months Ended
Sep. 30, 2013
Related Party Transactions [Abstract]  
Related party transactions
Related party transactions
On February 22, 2010, the Company entered into a Software, Services, License and Maintenance Services Agreement with United Road Services Inc. and its subsidiary Vehix Transvision, LLC (collectively “URS”) for the development, implementation, maintenance and support of customized software related to our Stock Logistics Solutions capability. The agreement with URS was subsequently amended and restated on March 3, 2013 to update certain services and deliverables. When we entered into the original agreement in 2010, URS was also owned by Gores as one of its portfolio companies. Gores divested its ownership interest in URS on December 14, 2012 and URS is no longer under common ownership with the Company. Accordingly, the Company does not consider URS a related party subsequent to December 14, 2012. The Company paid URS $194 and $578 during the three and nine months ended September 30, 2012, respectively.
During the three and nine months ended September 30, 2013 and 2012, the Company incurred expenses related to management services provided by Gores and Glendon Saturn Holdings, LLC, an affiliate of Gores. For the three months ended September 30, 2013 and 2012 and nine months ended September 30, 2013 and 2012, these expenses were $239, $330, $1,205 and $1,097, respectively, and are included in selling, general and administrative expenses on the consolidated statements of operations. The management services agreement with Gores was terminated on August 14, 2013 in connection with the IPO, and the Company paid Gores a $9,000 termination fee on that date (Note 2).
Prior to July 1, 2013, the Company was part of a group health care plan with Gores. As of September 30, 2013 and December 31, 2012, the Company had $83 and $750, respectively, on deposit with Gores as a reserve for the payment of run-off health care claims in the event of a Plan termination, which is included in restricted assets on the consolidated balance sheets. As of July 1, 2013, the Company is no longer part of the group health care plan with Gores and maintains an independent health care plan.