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Debt (Detail) - Borrowings (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Mar. 07, 2013
Dec. 31, 2012
Debt Instrument [Line Items]      
Amount Outstanding $ 205,000   $ 205,000
Term loans
     
Debt Instrument [Line Items]      
Amount Outstanding 146,250 [1] 150,000 150,000 [1]
Contractual Annualized Interest Rate 1.62% [1]    
Revolver loans
     
Debt Instrument [Line Items]      
Amount Outstanding 53,750 [1],[2] 50,000 50,000 [1],[2]
Contractual Annualized Interest Rate 1.62% [1],[2]    
Other
     
Debt Instrument [Line Items]      
Amount Outstanding $ 5,000 [3]   $ 5,000 [3]
Contractual Annualized Interest Rate 3.00% [3]    
[1] Both the term and revolver loan rates consisted of a floating Eurodollar base rate of 0.24% plus a margin of 1.38%. However, the Company has an interest rate swap contract which converts the floating Eurodollar base rate to a 2.26% fixed base rate on the first $200.0 million of Company borrowings (see below). As a result, the Company’s effective annual interest rate on the $200.0 million of outstanding term and revolver debt as of September 30, 2013, including the swap and margin, was 3.64%.
[2] The Company had approximately $543.0 million of available borrowing capacity on the revolver (not including the expansion feature) as of September 30, 2013.
[3] The Company borrowed $5.0 million through a State of Connecticut economic development program in December 2012. The loan has a 10 year maturity and bears a 3.0% fixed rate of interest. Principal payments are deferred for the first five years and the loan may be repaid at any point by the Company without penalty. The loan has a principal forgiveness provision in which up to $2.5 million of the loan may be forgiven if the Company meets certain employment targets in Connecticut during the first five years of the loan.