Short-Term Borrowings (Tables)

3 Months Ended

Mar. 31, 2020

Schedule of Short-term Debt [Table Text Block]

The following table summarizes our short-term borrowing facilities information at March 31, 2020 and December 31, 2019:



				Outstanding borrowings at
(in thousands)	Total Facility		LIBOR Based Interest Rate	March 31, 2020		December 31, 2019		Available at March 31, 2020
Bank Credit Facility
Committed revolving credit facility A	$	55,000	plus 0.75 percent	$	55,000	$	55,000	$	—
Committed revolving credit facility B	80,000		plus 0.75 percent	72,389		57,150		7,611
Committed revolving credit facility C	45,000		plus 0.75 percent	35,515		42,040		9,485
Committed revolving credit facility D	40,000		plus 0.85 percent	40,000		40,000		—
Committed revolving credit facility E⁽²⁾	150,000		plus 1.125 percent	50,000		50,000		100,000
Total short term credit facilities	$	370,000		252,904		244,190		$	117,096
Book overdrafts⁽¹⁾				1,435		3,181
Total short-term borrowing				$	254,339	$	247,371

⁽¹⁾ If presented, these book overdrafts would be funded through the bank revolving credit facilities.

⁽²⁾This committed revolving credit facility includes a restriction that our short-term borrowings, excluding any borrowings under the committed revolving credit facility, shall not exceed $350.0 million.