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Debt (Tables)
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Component of Debt

At December 31, 2014 and 2013, debt consisted of the following (in thousands):

 

     December 31,  
     2014      2013  

Credit facility, weighted-average interest rate of 2.93% and 3.09%, respectively

   $ 645,000       $ 782,000   

Unamortized original issue discount

     (6,095      (7,493
  

 

 

    

 

 

 
  638,905      774,507   

Short-term borrowings and current portion of long-term debt

  (20,470   (23,212
  

 

 

    

 

 

 

Long-term debt

$ 618,435    $ 751,295   
  

 

 

    

 

 

 

Summary of Annual Maturities of Long-Term Debt During Next Five Years and Thereafter

At December 31, 2014, annual maturities of long-term debt during the next five years and thereafter are as follows (in thousands):

 

Year ending December 31,       

2015

   $ 20,470   

2016

     22,495   

2017

     194,655   

2018

     4,277   

2019 and thereafter

     403,103   
  

 

 

 
$ 645,000