Quarterly report pursuant to Section 13 or 15(d)

FAIR VALUE MEASUREMENTS (Tables)

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FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Jun. 30, 2015
FAIR VALUE MEASUREMENTS [Abstract]  
Fair Value of Financial Assets Measured at Fair Value

 

June 30, 2015
Total Fair Value

and Carrying Value  Fair Value Measurement Category
    on Balance Sheet     Level 1     Level 2     Level 3  
    (Dollars in thousands)  
Assets:                              
Cash and cash equivalents   $ 192     $ 192     $ —     $ —  
Trade accounts receivable, net     34,842       34,842       —       —
Liabilities:                              
Accounts payable     4,587       4,587       —       —
Accrued expenses including estimated fair value of contingent earn-out consideration     11,920       10,730       —       1,190
Accrued interest     49       49       —       —
Long term liabilities including estimated fair value of contingent earn-out consideration     1,115       29       —       1,086
Long-term debt     278,239       278,239       —       —
Fair value of interest rate swap     501       —       501       —