Annual report pursuant to Section 13 and 15(d)

Deferred Compensation Plan

v3.7.0.1
Deferred Compensation Plan
 12 Months Ended
Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]  
Deferred Compensation Plan
e Company maintains a deferred compensation plan for key employees (the “Nonqualified Deferred Compensation Plan” or “NQDC”) which allows the participants to defer up to 25% of salary and commissions and up to 100% of bonuses to be paid during the year and invest these deferred amounts into certain Company directed mutual fund investments, subject to the election of the participants. The Company is permitted to make a 25% matching contribution on deferred amounts up to $10, subject to a five year vesting schedule.
As of December 31, 2016 and 2015, the Company's consolidated balance sheets included $1,787 and $2,021, respectively, in restricted investments representing the assets held in mutual funds to fund deferred compensation liabilities owed to the Company's current and former employees. The current portion of the restricted investments was $271 and $639 as of December 31, 2016 and 2015, respectively, and is included in "Other current assets" on the Consolidated Balance Sheet. The assets held in the NQDC are classified as an investment in trading securities.
During the Successor's years ended December 31, 2016, 2015, Successor's six month period ended December 31, 2014, and Predecessor's six month period ended June 29, 2014, distributions from the deferred compensation plan aggregated $719, $678, $0, and $2,893, respectively.