Corporate Borrowings (Tables)

3 Months Ended

Mar. 31, 2022

The following table presents the Company’s outstanding indebtedness:


Description(a)	March 31, 2022		December 31, 2021
Credit Agreement - Revolver, 1.45% (variable rate) due 2025	$	—	$	—
Convertible Senior Notes, 1.88% (fixed rate) due 2041	201,250		201,250

Note Purchase Agreement
Senior Secured Notes, 3.53% (fixed rate) due 2027	17,600		18,400
Senior Secured Notes, 3.80% (fixed rate) due 2029	20,000		20,000
Other long-term borrowings	196		203
Total indebtedness outstanding	239,046		239,853
Less unamortized loan fees(b)	(6,369)		(6,454)
Total indebtedness outstanding, net	232,677		233,399
Less current maturities of long-term debt	(3,228)		(3,227)
Long-term debt and Credit Agreement - Revolver	$	229,449	$	230,172

(a) Interest rates are as of March 31, 2022.

(b) Loan fees are being amortized over the life of the Credit Agreement and Note Purchase Agreement.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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+ Details