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DEBT (Tables)
12 Months Ended
Dec. 31, 2014
DEBT  
Schedule of debt

                                                                                                                                                                      

 

 

As of December 31,

 

                                                                                                    

      

2014

 

2013

 

2012

 

Term Loans:

 

 

 

 

 

 

 

5.79%, payable through 2020

 

$

38.5

 

$

45.5

 

$

52.5

 

3.66%, payable through 2023

 

77.5

 

77.5

 

77.5

 

4.16%, payable through 2027

 

55.0

 

55.0

 

55.0

 

4.31%, payable through 2032

 

37.5

 

37.5

 

37.5

 

4.35%, payable through 2044

 

100.0

 

 

 

Title XI Bonds:

 

 

 

 

 

 

 

5.34%, payable through 2028

 

30.8

 

33.0

 

35.2

 

5.27%, payable through 2029

 

33.0

 

35.2

 

37.4

 

 

 

 

 

 

 

 

 

Revolving Credit Borrowings (1.69% for 2012)

 

 

 

24.0

 

Capital leases

 

1.3

 

2.4

 

 

Total debt

 

373.6

 

286.1

 

319.1

 

Less current portion

 

(21.6

)

(12.5

)

(16.4

)

Total long-term debt

 

$

352.0

 

$

273.6

 

$

302.7

 

 

Schedule of maturities of debt

 

Year                                      

 

Debt Repayments

 

2015

 

$

21.6 

 

2016

 

20.7 

 

2017

 

28.2 

 

2018

 

28.2 

 

2019

 

28.2 

 

Thereafter

 

246.7 

 

Total debt

 

$

373.6