| 7. LONG-TERM OBLIGATIONS |
| | | | | | | | |
| Long-term debt consisted of the following for the periods indicated (amounts in millions): |
| | | | | | | | |
| | | | As of December 31, |
| | | | 2015 | | 2014 |
| $100.0 million Term Loan; principal payments plus accrued interest payable
quarterly; interest rate at ABR Rate plus applicable percentage or Eurodollar Rate plus the
applicable percentage (2.42% at December 31, 2015); due August 28, 2020 | | $ | 100.0 | | $ | 0.0 |
| $60.0 million Term Loan; $3.0 million principal payments plus accrued interest payable
quarterly; interest rate at ABR Rate plus applicable percentage or Eurodollar Rate plus the
applicable percentage; due October 26, 2017 | | | 0.0 | | | 33.0 |
| $120.0 million Revolving Credit Facility; interest only quarterly payments; interest rate at ABR Rate plus applicable percentage or Eurodollar Rate plus the applicable percentage; due October 26, 2017 | | | 0.0 | | | 15.0 |
| $70.0 million Second Lien Loan; interest only quarterly payments; interest rate at ABR Rate plus applicable percentage or Eurodollar Rate plus the applicable percentage; due July 28, 2020 | | | 0.0 | | | 70.0 |
| Discount on Second Lien Loan | | | - | | | (1.6) |
| | | | | 100.0 | | | 116.4 |
| Current portion of long-term obligations | | | (5.0) | | | (12.0) |
| | Total | | $ | 95.0 | | $ | 104.4 |
| | | | | | | | |