XML 46 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt and Credit Agreements (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of long-term debt and credit agreements
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
88,000,000

 
10 years
 
January 2021
 
5.42
%
Tranche 2
$
25,000,000

 
12 years
 
January 2023
 
5.59
%
Tranche 3
$
62,000,000

 
15 years
 
January 2026
 
5.80
%
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
245,000,000

 
10 years
 
July 2018
 
6.44
%
Tranche 2
$
100,000,000

 
12 years
 
July 2020
 
6.54
%
Tranche 3
$
80,000,000

 
15 years
 
July 2023
 
6.69
%
The notes have bullet maturities and were issued in three separate tranches as follows:
 
Principal
 
Term
 
Maturity
Date
 
Coupon
Tranche 1
$
100,000,000

 
7 years
 
September 2021
 
3.24
%
Tranche 2
$
575,000,000

 
10 years
 
September 2024
 
3.67
%
Tranche 3
$
250,000,000

 
12 years
 
September 2026
 
3.77
%
The Company's debt and credit agreements consisted of the following:
 
December 31,
(In thousands)
2017
 
2016
Total debt
 
 
 
6.51% weighted-average senior notes (1)
$
361,000

 
$
361,000

9.78% senior notes (2)
67,000

 
67,000

5.58% weighted-average senior notes
175,000

 
175,000

3.65% weighted-average senior notes
925,000

 
925,000

Revolving credit facility

 

Unamortized debt issuance costs
(6,109
)
 
(7,470
)
 
$
1,521,891

 
$
1,520,530


_______________________________________________________________________________
(1) Includes $237.0 million of current portion of long-term debt at December 31, 2017.
(2) Includes $67.0 million of current portion of long-term debt at December 31, 2017.