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Debt and Commitments (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Schedule of Debt
Long-term debt and notes and overdrafts payable at December 31 consisted of:
 
 
2013
 
2012
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
3.375% Convertible Notes
 
$
55,636

 
$
76,569

 
$
55,636

 
$
57,977

Unamortized debt discount – 3.375% Convertible Notes
 
(731
)
 

 
(3,122
)
 

Revolving credit agreement
 
487,920

 
482,431

 
589,200

 
599,172

Borrowings under lines of credit and overdrafts
 
1,074

 
1,074

 
3,380

 
3,380

Other foreign bank borrowings
 
405

 
410

 
945

 
947

Capital leases
 
3,120

 
3,402

 
159

 
159

Other
 

 

 
415

 
415

 
 
547,424

 
563,886

 
646,613

 
662,050

Less current maturities
 
(57,083
)
 
 
 
(4,494
)
 
 
Long-term debt
 
$
490,341

 
 
 
$
642,119

 
 
Schedule of Convertible Notes
The following table sets forth balance sheet information regarding the Company’s convertible notes at December 31:
 
 
 
2013
 
2012
3.375% Convertible Notes:
 
 
 
 
Carrying value of equity component, net of tax
 
$
10,772

 
$
10,772

Principal value of liability component
 
$
55,636

 
$
55,636

Unamortized debt discount
 
(731
)
 
(3,122
)
Net carrying value of liability component
 
$
54,905

 
$
52,514

Schedule of Interest Expense on Convertible Notes
The following table sets forth the components of interest expense for the Company’s convertible notes for the years ended December 31, 2013, 2012 and 2011.
 
 
 
2013
 
2012
 
2011
Interest expense – 3.375% coupon
 
$
1,878

 
$
1,878

 
$
1,878

Interest expense – 3.375% debt discount amortization
 
2,391

 
2,211

 
2,044

Interest expense – 3.75% coupon
 

 

 
1,225

Interest expense – 3.75% debt discount amortization
 

 

 
114

 
 
$
4,269

 
$
4,089

 
$
5,261