- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details

NOTES PAYABLE AND OTHER LIABILITIES (Detail Textuals) In Millions, unless otherwise specified	1 Months Ended				1 Months Ended
	Aug. 31, 2012 USD ($)	Jan. 31, 2015 USD ($)	Jan. 31, 2014 USD ($)	Jan. 31, 2015 Unsecured promissory notes EUR (€)	Aug. 31, 2012 LIBOR plus Minimum	Aug. 31, 2012 LIBOR plus Maximum	Aug. 31, 2012 Prime plus Minimum	Aug. 31, 2012 Prime plus Maximum
Debt Instrument [Line Items]
Senior secured credit facility	$ 450
Term of senior secured credit facility	5 years
Amount available under credit agreement		411.3
Spread interest rate					1.50%	2.00%	0.50%	1.00%
Amounts payable under the Company's financing agreement			48.0us-gaap_LineOfCredit
Weighted average interest rate for borrowings under credit facility		2.20%us-gaap_DebtWeightedAverageInterestRate	2.40%us-gaap_DebtWeightedAverageInterestRate
Letters of credit		8.0	9.2
Principal amount of unsecured promissory notes				€ 15.0