Quarterly report pursuant to Section 13 or 15(d)

Derivative Financial Instruments (Tables)

v3.5.0.2
Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Cash flow hedging derivatives on the Balance Sheet
The table below presents the notional and fair value of the Swap Agreements as well as their classification on the Condensed Consolidated Balance Sheet as of June 30, 2016:
Derivatives designated as cash flow hedging instruments:
Balance Sheet Location
 
Notional
(in thousands)
 
Fair Value
(in thousands)
Swap Agreements
Other long-term liabilities
 
$
75,000

 
$
(542
)
Gain(loss) on Derivatives
The table below presents the amount of gains and/or losses related to the effective and ineffective portions of the Swap Agreements and their location on the Condensed Consolidated Statements of Operations and the Condensed Consolidated Statements of Comprehensive Income (Loss) for the three and six months ended June 30, 2016:
 
 
Effective Portion
 
Ineffective Portion
Derivatives Designated as Cash Flow Hedges
 
Loss Recognized in OCI
 
Location of Loss Reclassified from AOCI into Income
 
Loss Reclassified from AOCI into Income
 
Location of Gain Recognized in Income
 
Loss Recognized in Income
 
 
(in thousands)
Three months ended:
 
 
 
 
 
 
 
 
 
 
Swap Agreements
 
$
(550
)
 
Interest expense and other
 
$
(86
)
 
Interest expense and other
 
$
—

Six months ended:
 
 
 
 
 
 
 
 
 
 
Swap Agreements
 
$
(629
)
 
Interest expense and other
 
$
(86
)
 
Interest expense and other
 
$
—