Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Financial Instruments [Abstract]

Schedule of Long-Term Debt

Long-term debt, principally to banks and bondholders, consists of:

(in thousands, except interest rates)	2014		2013
Private placement with a fixed interest rate of 6.84%, due 2015 and 2017		$100,000		$100,000
Credit agreement with borrowings outstanding at an end of period interest rate of 2.69% in 2014 and 2.53% in 2013 (including the effect of interest rate hedging transactions, as described below), due in 2018		172,000		200,000
Various notes and mortgages, at an average end of period rate of 5.50% in 2014 and 3.10% in 2013, due in varying amounts through 2021		111		3,875
Long-term debt		272,111		303,875
Less: current portion		(50,015)		(3,764)
Long-term debt, net of current portion		$222,096		$300,111