Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2016

Schedule of assets and liabilities measured at fair value on a recurring basis

The estimated fair values of the Company’s financial instruments are as follows (amounts in thousands):


	June 30, 2016				December 31, 2015
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial assets:
Cash and cash equivalents	$	37,105	$	37,105	$	78,278	$	78,278
Restricted cash		3,870		3,870		5,271		5,271
Financial liabilities:
Senior Notes	$	366,388	$	388,125	$	366,043	$	367,500
New Term Loan		407,160		422,854		408,410		419,796
New Revolving Credit Facility		19,693		22,000		90,967		93,500
Acquisition-related contingent considerations		474		474		529		529

The following table represents the change in acquisition-related contingent consideration liabilities for the period December 31, 2015 to June 30, 2016:


Balance as of December 31, 2015	$	529
Amortization of present value discount(1)		34
Fair value adjustment for change in consideration expected to be paid(2)		1
Settlements		(90)
Balance as of June 30, 2016	$	474