XML 58 R59.htm IDEA: XBRL DOCUMENT v2.4.0.6
Long Term Obligations (Details Textual) (USD $)
1 Months Ended 12 Months Ended
Aug. 31, 2011
Aug. 31, 2010
Dec. 31, 2011
Dec. 31, 2010
Debt Instrument [Line Items]        
Credit Facility Capacity Available   $ 600,000,000    
Amount of financing costs recognized as part of income from continuing operations after taxes   2,100,000    
Amount of financing costs recognized as part from continuing operations after taxes   1,300,000    
Debt instrument interest rate stated percentage rate range minimum     3.90%  
Debt instrument interest rate stated percentage rate range maximum     8.00%  
Long Term Obligations (Textual) [Abstract]        
Senior term notes 100,000,000      
Cash amount considered under a swing line borrowing   10,000,000    
Aggregate principal amount of revolving commitments 25,000,000      
Interest rates on notes payable maturities, minimum     9.00%  
Interest rates on notes payable maturities, maximum     10.00%  
Federal funds effective interest rate     The base rate for the previous senior term notes existing from May 2005 to August 2010 is the higher of (a) Wells Fargo’s prime rate or (b) the Federal funds rate plus 0.5%. The base rate for the senior term notes, existing from August 2010 to August 2011, and the amended notes existing since August 2011, is a rate per annum equal to the greatest of Wells Fargo’s prime rate in effect on such day, the Federal funds effective rate in effect on such day plus 0.5% and the adjusted Eurodollar rate for a one-month interest period commencing on such day plus 1.0%. The adjusted Eurodollar rate is defined as the rate per annum obtained by dividing (1) the rate of interest offered to Wells Fargo on the London interbank market by (2) a percentage equal to 100% minus the stated maximum rate of all reserve requirements applicable to any member bank of the Federal Reserve System in respect of “Eurocurrency liabilities.”  
Interest rate on borrowings under the senior term notes and the revolving credit facility     the base rate (as defined below) plus the applicable margin. The applicable margin for a base rate loan is an amount equal to the applicable margin for Eurodollar rate (as defined below) minus 1.00%; or the adjusted Eurodollar rate (as defined below) plus a margin of 1.50% per annum for the senior term notes existing from May 2005 to August 2010, for the senior term notes existing from August 2010 to August 2011 a margin of 2.25% per annum and for the senior term notes existing since August 2011 until the date of delivery of the compliance certificate and the financial statements for the period ending September 30,2011, a percentage, per annum  
Quarterly principal payments on the senior term notes during the first two years beginning 12/31/2011     7,300,000  
Quarterly principal payments on the senior term notes during the next two years     10,900,000  
Quarterly principal payments on the senior term notes for the three quarters prior to maturity     14,500,000  
Borrowings under revolving credit facility     0  
Financing costs paid 2,900,000   2,944,000 9,112,000
Revolving credit facility maturity date     42601  
Revolving Credit [Member]
       
Debt Instrument [Line Items]        
Revolving credit facility 125,000,000 100,000,000    
Amended Credit Facility [Member]
       
Debt Instrument [Line Items]        
Amount of financing costs recognized as part of income from continuing operations after taxes 865,000      
Deferred financing costs 2,000,000      
Capitalized Deferred financing costs associated with lenders 1,100,000      
LIBOR + 1.75% or 2.0% at December 31, 2011
       
Debt Instrument [Line Items]        
Debt instrument basis spread on variable rate     1.75%  
Senior term note interest rate, period end     2.00%  
LIBOR + 2.25% or 2.5% at December 31, 2010
       
Debt Instrument [Line Items]        
Debt instrument basis spread on variable rate       2.25%
Senior term note interest rate, period end       2.50%
Eurodollar Rate [Member]
       
Debt Instrument [Line Items]        
Debt instrument basis spread on variable rate     0.10%  
Prior Senior Term Notes [Member]
       
Debt Instrument [Line Items]        
Debt instrument basis spread on variable rate     1.50%  
Secured Seller Notes [Member]
       
Debt Instrument [Line Items]        
Debt instrument interest rate stated percentage rate range minimum     9.00%  
Debt instrument interest rate stated percentage rate range maximum     10.00%  
Senior Term Notes [Member]
       
Debt Instrument [Line Items]        
Revolving credit facility 581,300,000      
Senior term notes   $ 500,000,000    
Fixed charge coverage ratio     1.78 to 1.00  
Fixed charge coverage required ratio     No less than 1.20 to 1.00  
Leverage Ratio     2.14 to 1.00  
Required leverage ratio     No more than 3.00 to 1.00  
Current Senior Term Notes [Member]
       
Debt Instrument [Line Items]        
Debt instrument basis spread on variable rate     2.25%