Long-Term Debt

6 Months Ended

Jun. 30, 2015

Long-Term Debt

Long-Term Debt

Note E — Long-Term Debt

Our long-term debt obligations were as follows:

	June 30,		December 31,
In thousands	2015		2014
2013 Revolving Credit Facility, various interest rates based on Eurodollar rate ($73.8 million capacity and effective rate of 2.44% at June 30, 2015), due August 16, 2016	$	—	$	—
2011 Term Loan Facility, various interest rates based on LIBOR (effective rate of 2.19% at June 30, 2015), due August 16, 2016	73,500		82,687
Total debt	73,500		82,687
Less current maturities	18,375		18,375
Total long-term debt	$	55,125	$	64,312

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

	June 30,				December 31,
	2015				2014
In thousands	Carrying Value		Fair Value		Carrying Value		Fair Value
Total Debt	$	73,500	$	73,500	$	82,687	$	82,687

The estimated fair values were calculated using current rates provided to us by our lenders for debt of the same remaining maturity and characteristics. These current rates are considered Level 2 inputs under the fair value hierarchy established by ASC 820.