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Commitments And Contingencies (Tables)
3 Months Ended
Mar. 31, 2017
Commitments and Contingencies Disclosure [Abstract]  
Reconciliation Of Contingent Consideration Liability
The following table provides a reconciliation of the Company’s contingent consideration liability for the three months ended March 31:
(In thousands)
2017
 
2016
Balance at beginning of period
$
9,241

 
$
10,840

Acquisitions
4,922

 

Payments
(1,884
)
 
(415
)
Accretion (a)
292

 
239

Fair value adjustments (a)
815

 
(366
)
Balance at end of the period (b)
13,386

 
10,298

Less current portion in accrued expenses and other current liabilities
(5,797
)
 
(5,073
)
Total long-term portion in other long-term liabilities
$
7,589

 
$
5,225


(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 March 31, 2017 are $17.8 million undiscounted. 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.
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 2016 - June 2017
$ 90 million
 
 
 
July 2017 - June 2018
$127 million
 
 
 
July 2018 - June 2019
$172 million