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Indebtedness (Tables)
12 Months Ended
Dec. 31, 2012
Schedule of Indebtedness

 

 

 

 

 

 

 

 

 

December 31,

 

 

2012

 

2011

 

 

(In thousands)

8.25% senior notes issued February 14, 2011, face amount of $210.0 million,   interest rate of

 

 

 

 

 

 

8.25% payable semi- annually,  in arrears on  February 15 and August 15 of each year,

 

 

 

 

 

 

maturity date February 15, 2018

 

$

205,125 

 

$

204,390 

8.25% senior notes issued October 25, 2012,  face amount of $300.0 million, interest rate of

 

 

 

 

 

 

8.25% payable semi-annually, in arrears on February 15 and August 15 of each year,

 

 

 

 

 

 

maturity date February 15, 2018

 

 

289,786 

 

 

 -

Senior credit facility, interest rate based on base rate or LIBOR plus a floating spread, maturity

 

 

 

 

 

 

date October 31, 2016 

 

 

195,000 

 

 

 -

Total indebtedness

 

 

689,911 

 

 

204,390 

Current portion of indebtedness

 

 

 -

 

 

 -

Noncurrent portion of indebtedness

 

$

689,911 

 

$

204,390 

 

8.25% Notes [Member]
 
Schedule of Redeemable Debt

 

 

Year

Percentage

2015

104.125% 

2016

102.063% 

2017 and thereafter

100.000%