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Related-Party Transactions
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9 Months Ended |
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Dec. 31, 2014
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| Related Party Transactions [Abstract] | |
| Related-Party Transactions |
Related-Party Transactions
Included in our condensed consolidated balance sheets is “Obligations due to settle the CHS Transactions,” which totaled $567 at December 31, 2014 and March 31, 2014. These amounts represent amounts due to the Predecessor owners in final settlement of the acquisition by our former private equity sponsors of a controlling interest in us that was completed on April 30, 2010. During the three month and nine month periods ended December 31, 2014, we made no payments to the Predecessor owners and during the three and nine month periods ended December 31, 2013, we paid $1,960 and $2,055, respectively, to the Predecessor owners. During the nine months ended December 31, 2013, we received an income tax refund from the United States Internal Revenue Service which we paid to the Predecessor owners because the refund related to tax periods in which they were in control of the Company. During the nine months ended December 31, 2013, our “Obligations due to settle the CHS Transactions” was additionally reduced by $617, of which $42 was withheld for professional fees incurred by the Company in connection with a concluded audit by the United States Internal Revenue Service, and the remaining $575 was determined not to be payable to the Predecessor owners of the Company. At December 31, 2014, the remaining $567 outstanding represents encumbered cash to be released as letters of credit expire.
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