Quarterly report pursuant to Section 13 or 15(d)

Debt Obligations (Tables)

v2.4.1.9
Debt Obligations (Tables)
3 Months Ended
Mar. 31, 2015
Debt Disclosure [Abstract]  
Long-term Debt Obligations

Quanta’s long-term debt obligations consisted of the following (in thousands):

 

     March 31, 2015      December 31, 2014  

Borrowings under credit facility

   $ 106,434       $ 68,793   

Other long-term debt, interest rates ranging from 1.4% to 4.3%

     6,222         6,370   

Capital leases, interest rates ranging from 6.0% to 7.3%

     7,652         1,146   
  

 

 

    

 

 

 

Total long-term debt obligations

  120,308      76,309   

Less — Current maturities of long-term debt

  5,306      3,820   
  

 

 

    

 

 

 

Total long-term debt obligations, net of current maturities

$ 115,002    $ 72,489   
  

 

 

    

 

 

 

Current Maturities of Long-Term Debt and Short-Term Borrowings

Quanta’s current maturities of long-term debt and short-term borrowings consisted of the following (in thousands):

 

     March 31, 2015      December 31, 2014  

Short-term borrowings

   $ 4,134       $ 5,056   

Current maturities of long-term debt

     5,306         3,820   
  

 

 

    

 

 

 

Current maturities of long-term debt and short-term borrowings

$ 9,440    $ 8,876   
  

 

 

    

 

 

Information on Borrowings under Current and Prior Credit Facility and Applicable Interest Rates

 Information on borrowings under Quanta’s credit facility and the applicable interest rates during the three months ended March 31, 2015 is as follows (dollars in thousands):

 

     Three Months Ended  
     March 31, 2015  

Maximum amount outstanding during the period

   $ 123,768   

Average daily amount outstanding under the credit facility

   $ 92,351   

Weighted-average interest rate

     2.24