XML 51 R18.htm IDEA: XBRL DOCUMENT

Long - Term Debt and Capital Leases	3 Months Ended
Long - Term Debt and Capital Leases	Sep. 30, 2012
Debt Disclosure [Abstract]
LONG-TERM DEBT AND CAPITAL LEASES	LONG-TERM DEBT AND CAPITAL LEASES The five-year, multi-currency, revolving credit facility (2011 Credit Agreement) requires us to comply with various restrictive and affirmative covenants, including two financial covenants: a maximum leverage ratio and a minimum consolidated interest coverage ratio (as those terms are defined in the agreement). We were in compliance with all covenants as of September 30, 2012. We had $236.9 million and $212.2 million of borrowings outstanding under the 2011 Credit Agreement as of September 30, 2012 and June 30, 2012, respectively. Borrowings under the 2011 Credit Agreement are guaranteed by our significant domestic subsidiaries. Fixed rate debt relates to the 3.875 percent Senior Unsecured Notes and had a fair market value of $315.0 million and $306.8 million at September 30, 2012 and June 30, 2012, respectively. The fair value is determined based on the quoted market price of this debt as of September 30, 2012 and June 30, 2012, respectively.