XML 67 R52.htm IDEA: XBRL DOCUMENT v3.3.1.900
Borrowings (Tables)
12 Months Ended
Dec. 31, 2015
Debt Disclosure [Abstract]  
Components of Borrowings

Borrowings consist of the following (in thousands):

 

     December 31,  
     2015      2014  

Revolving credit facility

   $ 70,000       $ 75,000   

Less: Current portion

     —           —     
  

 

 

    

 

 

 

Total long-term debt

   $ 70,000       $ 75,000   
  

 

 

    

 

 

 
Information Related to Credit Agreements

The following table presents information related to our credit agreements (dollars in thousands):

 

     Years Ended December 31,  
     2015     2014     2013  

Average daily utilization

   $ 69,964      $ 85,874      $ 102,512   

Interest expense, including commitment fee (1)

   $ 1,307      $ 1,425      $ 1,765   

Weighted average interest rate

     1.9 %      1.7 %      1.7 % 

 

(1)

Excludes the amortization of deferred loan fees.