Debt

The Company maintains an unsecured revolving credit facility with certain lenders under its Amended and Restated Revolving Credit Agreement ("the Agreement"). The aggregate commitments from lenders under this Agreement are $250,000,000 and, subject to certain conditions, the Company has the option to request an increase in aggregate commitments of up to an additional $50,000,000. The Agreement requires the Company to maintain various financial covenants including a minimum earnings before interest and tax to interest expense ratio, a maximum leverage ratio and a minimum asset coverage ratio. The Agreement also contains various covenants relating to limitations on indebtedness, limitations on investments and acquisitions, limitations on sale of properties and limitations on liens and capital expenditures. The Agreement also contains other customary covenants, representations and events of defaults. The expiration date of the Agreement is May 12, 2019. As of March 31, 2016, $173,000,000 was outstanding under the Agreement. As of March 31, 2016, $1,582,000 of the revolver capacity was committed to irrevocable standby letters of credit issued in the ordinary course of business as required by vendors' contracts, resulting in $75,418,000 in available borrowings. As of March 31, 2016, the Company was in compliance with the covenants under the Agreement.



(in thousands)	March 31, 2016			December 31, 2015
Current Maturities:
Capital lease obligations		$	12		$	17
Other notes payable		63			60
		75			77
Long-term debt:
Bank revolving credit facility		173,000			144,000
Capital lease obligations		4			6
		173,004			144,006
Total debt		$	173,079		$	144,083