Note E – Long-Term Debt

Our long-term debt obligations were as follows:

	June 30,			December 31,

In thousands	2014			2013
2013 Revolving Credit Facility, various interest rates based on
Eurodollar rate, due August 16, 2016 ($72.5 million capacity and effective rate
of 2.40% at June 30, 2014)	$	-	$		-
2011 Term Loan Facility, various interest rates based on LIBOR
(effective rate of 2.15% at June 30, 2014), due August 16, 2016	91,875			98,000
Total debt	91,875			98,000
Less current maturities	18,375			15,313
Total long-term debt	$	73,500		$	82,687

The carrying values and estimated fair values of our outstanding debt were as follows:

	June 30,				December 31,

	2014				2013
In thousands	Carrying Value		Fair Value		Carrying Value		Fair Value
Total Debt	$	91,875	$	91,875	$	98,000	$	98,000

The estimated fair values were calculated using current rates provided to us by our bankers for debt of the same remaining maturity and characteristics. These current rates are considered Level 2 inputs under the fair value hierarchy established by ASC 820.