Debt (Tables)

6 Months Ended

Jun. 30, 2013

Debt

Schedule of covenants

		At
	Covenant	June 30, 2013
Maximum leverage ratio	4.00x	2.24x
Minimum interest coverage ratio	2.50x	32.9x

Summary of changes in the Company's debt

The changes in the Company’s debt during the six months ended June 30, 2013 are summarized as follows (in thousands):

	Current Portion
	of Long-Term			Long-Term
	Debt			Debt			Total
Balance at December 31, 2012	$	10,000		$	85,000		$	95,000
Repayment of debt	(10,000		)	(85,000		)	(95,000		)
Proceeds from debt	20,000			205,000			225,000
Balance at June 30, 2013	$	20,000		$	205,000		$	225,000