Long-Term Debt (Tables)

6 Months Ended

Jun. 30, 2020

Debt Disclosure [Abstract]

Schedule of Long-Term Debt

Long-term debt at June 30, 2020 and December 31, 2019 consisted of the following:  

(in thousands)	June 30, 2020			December 31, 2019
Current portion of long-term debt:
Current portion of 5-year term loan facility expires 2022	$	40,000		$	40,000
Current portion of 5-year term loan facility expires 2023		22,500			15,000
Total current portion of long-term debt		62,500			55,000
Long-term debt:
Note agreements:
4.200% senior notes, semi-annual interest payments, net of the unamortized discount, balloon due 2024	$	499,337		$	499,259
4.500% senior notes, semi-annual interest payments, net of the unamortized discount, balloon due 2029		349,513			349,484
Total notes		848,850			848,743
Credit agreements:
5-year term-loan facility, periodic interest and principal payments, LIBOR plus up to 1.750%, expires June 28, 2022		270,000			290,000
5-year revolving-loan facility, periodic interest payments, LIBOR plus up to 1.500%, plus commitment fees up to 0.250%, expires June 28, 2022		200,000			100,000
5-year term-loan facility, periodic interest and principal payments, LIBOR plus up to 1.750%, expires December 21, 2023		255,000			270,000
Total credit agreements		725,000			660,000
Debt issuance costs (contra)		(7,441	)		(8,400	)
Total long-term debt less unamortized discount and debt issuance costs		1,566,409			1,500,343
Current portion of long-term debt		62,500			55,000
Total debt	$	1,628,909		$	1,555,343