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Debt (Tables)
3 Months Ended
Mar. 31, 2014
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Debt consisted of the following at March 31, 2014 and December 31, 2013:
 
 
 
 
(in thousands)
March 31,
2014
 
December 31,
2013
Term loan payable in quarterly principal installments of $750, from June 2013 to December 2016. Interest based on adjustable rate as determined by three month LIBOR (2.00% as of 3/31/2014)
$
25,500

 
$
26,250

Business line of credit payable on a revolving basis, plus interest based on adjustable rate as determined by one month LIBOR based on our ratio of funded debt to EBITDA

 
10,732

Total debt
25,500

 
36,982

Less current portion
(3,000
)
 
(3,000
)
 
$
22,500

 
$
33,982

 
 
 
 
Schedule of Maturities of Long-term Debt
The following is a schedule of future debt maturities as of March 31, 2014, for the years ending December 31 (in thousands):
 
 
2014
$
2,250

2015
3,000

2016
3,000

2017
17,250

2018

Thereafter

 
$
25,500