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Fair Value (Tables)
9 Months Ended
Sep. 30, 2017
Schedule of Contingent Consideration and Derivatives Measured at Fair Value

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

    

2017

    

2016

Current portion of acquisition-related liabilities and Accrued expenses:

 

 

 

 

 

 

Contingent consideration

 

$

927

 

$

9,288

Cash flow hedges

 

 

904

 

 

942

Acquisition-related liabilities and Other noncurrent liabilities

 

 

 

 

 

 

Contingent consideration

 

$

14,996

 

$

2,377

Cash flow hedges

 

 

1,183

 

 

1,438

 

Schedule of Carrying Value and Fair Value of Financial Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

December 31, 2016

 

 

Fair Value

 

Carrying Value

 

Fair Value

 

Carrying Value

Level 2

    

 

 

    

 

 

    

 

 

    

 

 

Long-term debt(1)

 

$

1,913,052

 

$

1,831,754

 

$

1,586,102

 

$

1,536,065

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 3

 

 

 

 

 

 

 

 

 

 

 

 

Current portion of deferred consideration and noncompete obligations(2)

 

 

24,226

 

 

24,226

 

 

14,874

 

 

14,874

Long term portion of deferred consideration and noncompete obligations(3)

 

 

21,330

 

 

21,330

 

 

30,287

 

 

30,287


(1)

$6.5 million included in current portion of debt as of September 30, 2017 and December 31, 2016.

(2)

Included in current portion of acquisition-related liabilities on the consolidated balance sheets.

(3)

Included in acquisition-related liabilities on the consolidated balance sheets.

 

Summit Materials, LLC  
Schedule of Contingent Consideration and Derivatives Measured at Fair Value

 

 

 

 

 

 

 

 

    

September 30,

    

December 31,

 

    

2017

    

2016

Current portion of acquisition-related liabilities and Accrued expenses:

 

 

 

 

 

 

Contingent consideration

 

$

927

 

$

9,288

Cash flow hedges

 

 

904

 

 

942

Acquisition-related liabilities and Other noncurrent liabilities

 

 

 

 

 

 

Contingent consideration

 

$

14,996

 

$

2,377

Cash flow hedges

 

 

1,183

 

 

1,438

 

Schedule of Carrying Value and Fair Value of Financial Instruments

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

September 30, 2017

 

December 31, 2016

 

    

Fair Value

    

Carrying Value

    

Fair Value

    

Carrying Value

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 2

 

 

 

 

 

 

 

 

 

 

 

 

Long-term debt(1)

 

$

1,913,052

 

$

1,831,754

 

$

1,586,102

 

$

1,536,065

 

 

 

 

 

 

 

 

 

 

 

 

 

Level 3

 

 

 

 

 

 

 

 

 

 

 

 

Current portion of deferred consideration and noncompete obligations(2)

 

 

21,726

 

 

21,726

 

 

12,375

 

 

12,375

Long term portion of deferred consideration and noncompete obligations(3)

 

 

15,648

 

 

15,648

 

 

22,784

 

 

22,784


(1)

$6.5 million included in current portion of debt as of September 30, 2017 and December 31, 2016.

(2)

Included in current portion of acquisition-related liabilities on the consolidated balance sheets.

(3)

Included in acquisition-related liabilities on the consolidated balance sheets.