XML 20 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long-term debt - Additional Information (Detail)
In Millions, unless otherwise specified
1 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 12 Months Ended 9 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 9 Months Ended
Sep. 30, 2012
USD ($)
Sep. 30, 2012
CAD
Mar. 31, 2011
USD ($)
Mar. 31, 2011
EUR (€)
Jun. 30, 2012
USD ($)
Sep. 30, 2012
USD ($)
Sep. 30, 2012
EUR (€)
Sep. 30, 2011
USD ($)
Sep. 30, 2011
EUR (€)
Dec. 31, 2011
EUR (€)
Sep. 30, 2011
6.5% Senior Secured Notes [Member]
USD ($)
Sep. 30, 2011
6.5% Senior Secured Notes [Member]
EUR (€)
Dec. 31, 2011
6.5% Senior Secured Notes [Member]
USD ($)
Dec. 31, 2011
6.5% Senior Secured Notes [Member]
EUR (€)
Jun. 13, 2012
6.5% Senior Secured Notes [Member]
EUR (€)
Sep. 30, 2012
Maturity Extension Date [Member]
Sep. 30, 2012
Minimum [Member]
EUR (€)
Sep. 30, 2012
Maximum [Member]
EUR (€)
Sep. 30, 2012
Letter of Credit [Member]
CAD
Sep. 30, 2012
Revolving credit facility [Member]
USD ($)
Sep. 30, 2012
Revolving Credit Facilities [Member]
Minimum [Member]
Sep. 30, 2012
Revolving Credit Facilities [Member]
Maximum [Member]
Sep. 30, 2012
Kronos [Member]
USD ($)
Sep. 30, 2012
Kronos [Member]
Revolving credit facility [Member]
USD ($)
Sep. 30, 2012
NL Industries Inc [Member]
USD ($)
Mar. 31, 2012
CompX [Member]
USD ($)
Sep. 30, 2012
CompX [Member]
USD ($)
Sep. 30, 2012
Canada [Member]
CAD
Sep. 30, 2012
Canada [Member]
Kronos [Member]
Line of Credit Facility [Line Items]                                                          
Term loan $ 400.0         $ 400.0                                 $ 389.3            
Interest rate of senior secured notes 6.50% 6.50% 6.50% 6.50%   6.50% 6.50%     6.50%                                      
Principal amount outstanding                             279.2                            
Percentage of term loan issued 98.50% 98.50%       98.50% 98.50%                                            
Additional term loan borrowings 100         100                                              
Minimum LIBOR rate for Kronos Option           1.00% 1.00%                                            
Variable rate on LIBOR for term loan           4.75% 4.75%                                            
Variable Rate on Base Rate for term loan           3.75% 3.75%                                            
Average interest rate on revolving bank credit facility 5.82% 5.82%       5.75% 5.75%                                       3.60%    
Principal repayments           5.0                                              
Extended maturity date           October 2013 October 2013                 September 2017             June 2018 June 2017          
Common stock of certain of Kronos U.S. wholly-owned subsidiaries/Common stock or other ownership interest of Kronos Canadian subsidiary                                             100.00%           65.00%
Unsecured promissory note issued by Kronos wholly-owned subsidiary                                             362.1            
Specified financial covenant (leverage to EBITDA)           3.5 to 1.0 3.5 to 1.0                                            
Provision for other indebtedness 50         50                                              
Carrying amount of term loan includes unamortized original issue discount 5.7         5.7                                              
Principal amount of notes     115.7 80.0         40.8 40.8 57.6 40.6 57.6 40.6                              
6.5% Senior secured notes       400.0                                                  
Term loan sufficient to pay principal, call premium     102.17% 102.17%   1.01083% 1.01083%                                            
Call premium of senior long term notes     2.5     (6.2)   (2.5)                                          
Pre tax charge on redemption of senior long term notes     3.3   7.2                                                
Principal amount of notes                 30.4                                        
Net gain redemption of senior Notes               0.1                                          
Borrowing availability                                     25         125          
Availability of letters of credit 15.0         15.0                                              
Variable rate on LIBOR for revolving credit facility, Minimum           1.50% 1.50%                                            
Variable rate on LIBOR for revolving credit facility, Maximum           2.00% 2.00%                                            
Variable Rate on Base Rate for revolving credit facility, Minimum           0.50% 0.50%                                            
Variable Rate on Base Rate for revolving credit facility, Maximum           1.00% 1.00%                                            
Fixed charge coverage ratio, Range Start           1.0 1.0                                            
Fixed charge coverage ratio, Range End           1.0 1.0                                            
Amount available for borrowing                                       125                  
Increase the maximum borrowing                                 80 120                      
Interest rate on outstanding borrowings                                         1.50 1.90              
Borrowings under credit facility           107.4 80.0                                            
Average interest rate on revolving bank credit facility 1.63% 1.63%       1.63% 1.63%                                       3.30%    
Credit facility repaid an aggregate             45                                            
Credit facility when repaid 56.2         56.2                                              
Average interest rate 1.86% 1.86%       1.86% 1.86%                                            
Letters of credit outstanding   7.5                                                      
Availability Outstanding letters of credit                                                       10.0  
Repayment of Promissory Notes                                                 $ 3.9 $ 1.0 $ 1.8    
Interest rate for promissory note                                                 3.25%   1.50%    
Interest rate for promissory note                                                 325.00%   1.50%