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Commitments And Contingencies (Tables)
6 Months Ended
Jun. 30, 2016
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Minimum Purchase Obligations
In connection with this agreement, the Company entered into the following minimum purchase obligations (“MPOs”), which the Company anticipates will be revised from time to time:
 
July 2015 - June 2016
$ 60 million
 
 
 
July 2016 - June 2017
$ 90 million
 
 
 
July 2017 - June 2018
$127 million
 
 
 
July 2018 - June 2019
$172 million
 
 
Reconciliation Of Contingent Consideration Liability
The following table provides a reconciliation of the Company’s contingent consideration liability for the six months ended June 30:
(In thousands)
2016
 
2015
Balance at beginning of period
$
10,840

 
$
8,129

Acquisitions
1,322

 
1,093

Payments
(2,715
)
 
(1,874
)
Accretion (a)
664

 
559

Fair value adjustments (a)
421

 
90

Balance at end of the period (b)
10,532

 
7,997

Less current portion in accrued expenses and other current liabilities
(4,720
)
 
(4,264
)
Total long-term portion in other long-term liabilities
$
5,812

 
$
3,733


(a) 
Recorded in selling, general and administrative expense in the Condensed Consolidated Statements of Income.
(b) 
Amounts represent the fair value of estimated remaining payments. The total estimated remaining payments as of June 30, 2016 are $13.1 million. The liability for contingent consideration expires at various dates through September 2029. Certain of the contingent consideration arrangements are subject to a maximum payment amount, while the remaining arrangements have no maximum contingent consideration.