Quarterly report pursuant to Section 13 or 15(d)

Fair Value Measurements (Tables)

v3.4.0.3
Fair Value Measurements (Tables)
 3 Months Ended
Mar. 31, 2016
Fair Value Measurements [Abstract]  
Fair Value of Assets and Liabilities
The following table summarizes the financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2016 and December 31, 2015 and the level they fall within the fair value hierarchy (in thousands):

Amounts Recorded at Fair Value
  
Financial Statement Classification
  
Fair Value Hierarchy
  
Fair Value March 31, 2016
  
Fair Value December 31, 2015
Non-COLI assets held in Deferred Supplemental Compensation Plan
  
Other assets
  
Level 1
  
$273
  
$264
Interest rate swaps
  
Accrued expenses
  
Level 2
  
$892
  
$123
Earn-out obligation-current
  
Current portion of earn-out obligation
  
Level 3
  
$8,015
  
$9,678
Earn-out obligation-long-term
  
Earn-out obligation
  
Level 3
  
$10,445
  
$10,166
Fair Value Reconciliation, Unobservable Inputs
The following table provides a reconciliation of the beginning and ending balance of the earn-out obligation measured at fair value on a recurring basis that used significant unobservable inputs (Level 3).

   
Current portion
    
Long-term portion
    
Total
  
Balance as of December 31, 2015
  
$
9,678
    
$
10,166
    
$
19,844
  
Fair value adjustment included in earnings
    
(1,663
)
    
279
      
(1,384
)
Balance as of March 31, 2016
  
$
8,015
    
$
10,445
    
$
18,460