Long-Term Debt

3 Months Ended

Mar. 31, 2013

Long-Term Debt

Long-Term Debt

Note E - Long-Term Debt

Our long-term debt obligations were as follows:

	March 31,		December 31,
In thousands	2013		2012
2010 Revolving Credit Facility, various interest rates based on LIBOR, due August 12, 2013 ($60.5 million capacity at March 31, 2013)	0		0
2011 Term Loan Facility, various interest rates based on LIBOR (effective rate of 2.20% at March 31, 2013), due August 16, 2016	107,188		110,250
Total debt	107,188		110,250
Less current maturities	12,250		12,250
Total long-term debt	$	94,938	$	98,000

The carrying values and estimated fair values of our outstanding debt were as follows:

	March 31,				December 31,
	2013				2012
	Carrying		Fair		Carrying		Fair
In thousands	Value		Value		Value		Value
Total debt	$	107,188	$	107,188	$	110,250	$	110,250

The estimated fair values were calculated using current rates provided to us by our bankers for debt of the same remaining maturity and characteristics.  These current rates are considered Level 2 inputs under the fair value hierarchy established by FASB ASC 820, Fair Value Measurements and Disclosures, (ASC 820).