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Long-Term Obligations (Tables)
12 Months Ended
Dec. 31, 2011
Long-Term Obligations [Abstract]  
Summary of long-term obligations
                     
        2011     2010  

Senior term notes

 

Notes payable, maturing in 2016, secured by assets, variable interest rate (LIBOR + 1.75% or 2.0% at December 31, 2011)

  $ 573,984     $  
       

Senior term notes

 

Notes payable, secured by assets, variable interest rate (LIBOR + 2.25% or 2.5% at December 31, 2010), repaid in 2011

          493,750  
       

Revolving credit

 

Revolving line of credit, maturing in 2016, secured by assets, variable interest rate

           
       

Secured seller notes

 

Notes payable, various maturities through 2013, secured by assets and stock of certain subsidiaries, various interest rates ranging from 9.0% to 10.0%

    346       868  
       

 

 

   

 

 

 
       
   

Total debt obligations

    574,330       494,618  
       
   

Capital lease obligations

    44,523       32,418  
       

 

 

   

 

 

 
          618,853       527,036  
       
   

Less — current portion

    (32,571     (28,101
       

 

 

   

 

 

 
        $ 586,282     $ 498,935  
       

 

 

   

 

 

 
Annual aggregate scheduled maturities of our long-term obligations
                         
    Debt
Obligations
    Capital Lease
Obligations
    Total  

2012

  $ 29,372     $ 3,199     $ 32,571  

2013

    32,731       3,374       36,105  

2014

    43,594       3,430       47,024  

2015

    47,227       3,625       50,852  

2016

    421,406       3,395       424,801  

Thereafter

          27,500       27,500  
   

 

 

   

 

 

   

 

 

 

Total

  $ 574,330     $ 44,523     $ 618,853  
   

 

 

   

 

 

   

 

 

 
Summary of Leverage Ratio in effect from time to time
                     

Level

 

Leverage Ratio

  Applicable Margin for
Eurodollar Rate Loans
    Applicable Revolving
Commitment Fee %
 

I

  ³ 2.50:1.00     2.25     0.50

II

  < 2.50:1.00 and ³ 1.75:1.00     1.75     0.375

III

  < 1.75:1.00 and ³ 1.00:1.00     1.50     0.25

IV

  < 1.00:1.00     1.25     0.20
Scheduled principal payments for senior term notes
                                         
    2012     2013     2014     2015     2016  

Senior term notes

  $ 29,063     $ 32,695     $ 43,594     $ 47,227     $ 421,405  
Summary of cash received or cash paid and unrealized gains or losses
                         
    For Years Ended December 31,  
        2011         2010         2009      

Cash paid(1)

  $     $ 382     $ 9,784  

Recognized gain from ineffectiveness(2)

  $     $     $ (70

 

 

(1) Our interest rate swap agreements effectively converted a certain amount of our variable-rate debt under our senior credit facility to fixed-rate debt for purposes of hedging against the risk of increasing interest rates. The above table depicts cash payments to the counterparties on our swap agreements. These payments are offset by a corresponding decrease in interest paid on our variable-rate debt under our senior credit facility. These amounts are included in interest expense in our consolidated income statements.

 

(2) These recognized gains are included in other expense (income) in our consolidated income statements.