XML 52 R26.htm IDEA: XBRL DOCUMENT v2.4.0.8
Long-Term Debt (Unsecured Revolving Credit Facility) (Details) (Unsecured debt [Member], Line of credit facility [Member], USD $)
9 Months Ended
Sep. 30, 2014
Rate
Dec. 31, 2013
Credit agreement inception date Jan. 14, 2011  
Number of years in credit facility term 5 years  
Current maximum borrowing capacity under credit facility $ 600,000,000  
Line of credit facility expiration date Jul. 02, 2018  
Maximum aggregate increase to credit facility 200,000,000  
Letters of credit 47,800,000 51,700,000
Outstanding borrowings under credit facility 0 0
Line of credit facility fee percentage 0.15%  
Covenant description for debt instrument The Credit Agreement contains certain covenants, including limitations on indebtedness, a minimum consolidated fixed charge coverage ratio of 2.25 times through December 31, 2014, and 2.50 times thereafter through maturity, and a maximum consolidated leverage ratio of 3.00 times through maturity. The consolidated leverage ratio includes a calculation of adjusted debt to earnings before interest, taxes, depreciation, amortization, rent and stock-based compensation expense. Adjusted debt includes outstanding debt, outstanding stand-by letters of credit and similar instruments, six-times rent expense and excludes any premium or discount recorded in conjunction with the issuance of long-term debt. In the event that the Company should default on any covenant contained within the Credit Agreement, certain actions may be taken, including, but not limited to, possible termination of credit extensions, immediate payment of outstanding principal amounts plus accrued interest and other amounts payable under the Credit Agreement and litigation from lenders.  
Line of credit facility covenant compliance As of September 30, 2014, the Company remained in compliance with all covenants under the Credit Agreement.  
Amendment one [Member]
   
Credit agreement amendment date Sep. 09, 2011  
Amendment two [Member]
   
Credit agreement amendment date Jul. 02, 2013  
Letter of credit [Member]
   
Line of credit facility sublimit 200,000,000  
Swing line revolver [Member]
   
Line of credit facility sublimit $ 75,000,000  
Spread over Eurodollar rate [Member]
   
Line of credit current interest rate 0.975%  
Spread over Base rate [Member]
   
Line of credit current interest rate 0.00%  
Through December 2014 [Member]
   
Minimum debt instrument consolidated fixed charge coverage ratio covenant 2.25  
Through maturity [Member]
   
Minimum debt instrument consolidated fixed charge coverage ratio covenant 2.50  
Maximum debt instrument consolidated leverage ratio covenant 3.00