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Long-Term Debt And Lines Of Credit (Tables)
12 Months Ended
Dec. 31, 2012
Long-Term Debt And Lines Of Credit [Abstract]  
Debt Amounts Included In Consolidated Balance Sheet

 

 

 

 

 

 

 

December 31,

 

 

2012

 

2011

Principal amount of convertible debentures

 

$          186,956

 

$          186,956

Unamortized debt discount

 

(12,066)

 

(20,172)

Carrying amount of convertible debentures

 

$          174,890

 

$          166,784

Additional paid in capital (net of tax)

 

$            31,310

 

$            31,310

 

Interest Expense Included In Consolidated Income Statement

 

 

 

 

 

 

 

 

 

December 31,

 

 

2012

 

2011

 

2010

Cash interest expense

 

$             5,352

 

$             5,175

 

$            4,224

Non-cash amortization of debt discount

 

8,106 

 

7,576 

 

7,081 

Amortization of debt costs

 

1,265 

 

1,137 

 

654 

Total interest expense

 

$           14,723

 

$           13,888

 

$          11,959

 

Interest Paid During Period

 

 

 

2012 

$

5,547

2011 

 

4,754

2010 

 

4,113

 

Financial Debt Covenants

 

 

 

 

 

Description

 

Requirement

 

Chemed

 

 

 

 

 

Leverage Ratio (Consolidated Indebtedness/Consolidated  Adj.

 

 

 

 

EBITDA)

 

<  3.50 to 1.00

 

1.07 to 1.00

 

 

 

 

 

Fixed Charge Coverage Ratio (Consolidated Free Cash

 

 

 

 

Flow/Consolidated Fixed Charges

 

>  1.50 to 1.00

 

2.20 to 1.00

 

 

 

 

 

Annual Operating Lease Commitment

 

< $30.0 million

 

$20.2 million