XML 45 R30.htm IDEA: XBRL DOCUMENT v3.6.0.2
Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2016
Debt Disclosure [Abstract]  
Schedule of long-term debt and credit agreements
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
245,000,000

 
10 years
 
July 2018
 
6.44
%
Tranche 2
$
100,000,000

 
12 years
 
July 2020
 
6.54
%
Tranche 3
$
80,000,000

 
15 years
 
July 2023
 
6.69
%
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
88,000,000

 
10 years
 
January 2021
 
5.42
%
Tranche 2
$
25,000,000

 
12 years
 
January 2023
 
5.59
%
Tranche 3
$
62,000,000

 
15 years
 
January 2026
 
5.80
%
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
100,000,000

 
7 years
 
September 2021
 
3.24
%
Tranche 2
$
575,000,000

 
10 years
 
September 2024
 
3.67
%
Tranche 3
$
250,000,000

 
12 years
 
September 2026
 
3.77
%
The Company's debt and credit agreements consisted of the following:
 
December 31,
(In thousands)
2016
 
2015
7.33% weighted-average senior notes (1)
$

 
$
20,000

6.51% weighted-average senior notes
361,000

 
425,000

9.78% senior notes
67,000

 
67,000

5.58% weighted-average senior notes
175,000

 
175,000

3.65% weighted-average senior notes
925,000

 
925,000

Revolving credit facility

 
413,000


$
1,528,000

 
$
2,025,000

Unamortized debt issuance costs
(7,470
)
 
(8,861
)
 
$
1,520,530

 
$
2,016,139


 
(1) Includes $20.0 million of current portion of long-term debt at December 31, 2015.