XML 14 R48.htm IDEA: XBRL DOCUMENT v3.2.0.727
Long-Term Debt and Credit Facility (Details)
6 Months Ended
Mar. 31, 2015
USD ($)
Jul. 01, 2013
USD ($)
Jun. 30, 2015
USD ($)
Jun. 30, 2014
USD ($)
Dec. 31, 2014
USD ($)
Jul. 31, 2013
USD ($)
Debt Instrument [Line Items]            
Amount retired under prior credit facility   $ 232,300,000        
Amount of cash on hand to fund transactions   7,000,000        
Actual financial leverage ratio     2.96      
Proceeds from line of credit     $ 26,000,000 $ 0    
Other Long-term Debt     11,800,000   $ 12,400,000  
Other Loans Payable     100,000   100,000  
Letters of credit issued and outstanding     27,000,000      
Long-term debt, fair value     $ 363,200,000   377,000,000  
Initial maximum financial leverage ratio     3.25      
Remaining borrowing capacity     $ 35,100,000      
Minimum permitted fixed charge coverage ratio     1.25      
Actual fixed charge coverage ratio     1.31      
Insurance Carriers Collateral [Member]            
Debt Instrument [Line Items]            
Letters of credit issued and outstanding     $ 10,200,000      
Work Performance Obligations [Member]            
Debt Instrument [Line Items]            
Letters of credit issued and outstanding     $ 16,800,000      
2013 Interest Rate Swap [Member]            
Debt Instrument [Line Items]            
Notional Amount           $ 175,000,000
Fixed interest rate           0.87%
Annualized borrowing rate     2.23%      
Brinderson LP [Member]            
Debt Instrument [Line Items]            
Total consideration recorded   147,600,000        
2013 Credit Facility [Member]            
Debt Instrument [Line Items]            
Face amount of debt           $ 650,000,000
Maximum borrowing capacity           300,000,000
Term of credit facility     5 years      
Secured Debt     $ 279,800,000   319,400,000 350,000,000
Term of debt instrument     5 years      
Amount drawn on credit facility   $ 35,500,000 $ 71,500,000   $ 45,500,000  
Annual mandatory prepayment, percent of Excess Cash Flow     50.00%      
Minimum Consolidated Leverage Ratio required     2.50      
Actual financial leverage ratio         2.90  
Term loan repayment $ 26,500,000          
Proceeds from line of credit $ 26,000,000          
Derivative, Amount of Hedged Item           $ 175,000,000
2013 Credit Facility [Member] | LIBOR [Member]            
Debt Instrument [Line Items]            
Interest rate at period end     2.14%      
2013 Credit Facility [Member] | LIBOR [Member] | Minimum [Member]            
Debt Instrument [Line Items]            
Basis spread on variable rate     1.25%      
2013 Credit Facility [Member] | LIBOR [Member] | Maximum [Member]            
Debt Instrument [Line Items]            
Basis spread on variable rate     2.25%