XML 80 R15.htm IDEA: XBRL DOCUMENT v2.4.1.9
Short-Term Debt
12 Months Ended
Dec. 31, 2014
Debt Disclosure [Abstract]  
Short-Term Debt
Short-Term Debt
Short-term debt consists of secured and unsecured lines of credit and a short-term loan. As of December 31, 2014 and 2013, short-term debt totaled $5.4 million and $4.3 million, respectively. Short-term debt bears interest ranging from 1.7% to 2.4%, and the weighted average interest rate was approximately 2.1% and 2.2% as of December 31, 2014 and 2013, respectively. These obligations are incurred and settled in local currencies of the respective subsidiaries. See Note 17, Accounts Receivable Factoring.