XML 57 R45.htm IDEA: XBRL DOCUMENT v3.4.0.3
Borrowing Facilities (Details)
THB in Millions, $ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2016
THB
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Nov. 12, 2015
USD ($)
Line of Credit Facility [Line Items]                  
Credit Agreement maturity date Nov. 12, 2020                
Derivative Notional Amount             $ 170.3 $ 172.5  
Aggregate maturies of long-term debt and capital lease obligations in 2016             9.2    
Aggregate maturies of long-term debt and capital lease obligations in 2017             12.4    
Aggregate maturies of long-term debt and capital lease obligations in 2018             18.3    
Aggregate maturies of long-term debt and capital lease obligations in 2019             24.2    
Aggregate maturies of long-term debt and capital lease obligations in 2020             168.1    
Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Credit Agreement description On November 12, 2015, the Company entered into a $430 million Credit Agreement (the Credit Agreement) by and among Benchmark, JPMorgan Chase Bank, N.A. as administrative agent and collateral agent (the Administrative Agent), and the financial institutions acting as lenders from time to time. This Credit Agreement provides for a five-year $200 million revolving credit facility and a five-year $230 million term loan facility (the Term Loan), both with a maturity date of November 12, 2020.                
Credit Agreement capacity             430.0    
Description of variable interest rate basis Interest on outstanding borrowings under the Credit Agreement accrues, at our option, at (a) the adjusted London interbank offered rate as administered by the ICE Benchmark Administration (LIBO) plus 1.25% to 2.25%, or (b) the alternative base rate plus 0.25% to 1.25%, and is payable quarterly in arrears. The alternative base rate is equal to the highest of (i) the Administrative Agent’s prime rate, (ii) the federal funds rate plus 0.50% and (iii) the adjusted LIBO rate plus 1.00%. The margin on the interest rates fluctuates based upon the ratio of Benchmark’s debt to its consolidated EBITDA (the Total Leverage Ratio).                
Credit Agreement covenant terms The Credit Agreement contains financial covenants as to debt leverage and interest coverage, and certain customary affirmative and negative covenants, including restrictions on our ability to incur additional debt and liens, pay dividends, repurchase shares, sell assets and merge or consolidate with other persons. Amounts due under the Credit Agreement may be accelerated upon specified events of default, including a failure to pay amounts due, breach of a covenant, material inaccuracy of a representation, or occurrence of bankruptcy or insolvency, subject, in some cases, to cure periods.                
Credit agreement, secured by percentage of stock of the Company's domestic subsidiaries 100.00%                
Credit agreement, secured by percentage of voting capital stock of each direct foreign subsidiary 65.00%                
Credit Agreement covenant compliance As of March 31, 2016 and December 31, 2015, the Company was in compliance with all of these covenants and restrictions.                
Credit Agreement [Member] | JP Morgan Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Credit Agreement issuer JPMorgan Chase Bank, N.A. as administrative agent and collateral agent (the Administrative Agent), and the financial institutions acting as lenders from time to time                
Revolving Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Credit Agreement capacity             200.0    
Term period 5 years                
Credit Agreement maturity date Nov. 12, 2020                
Possible increase to commitments under Credit Agreement             150.0    
Letters of credit outstanding amount             1.6    
Revolving credit facility, available for future borrowings             198.4    
Term Loan Facility [Member]                  
Line of Credit Facility [Line Items]                  
Term period 5 years                
Credit Agreement maturity date Nov. 12, 2020                
Term Loan Description a five-year $230 million term loan facility (the Term Loan), both with a maturity date of November 12, 2020.                
Term Loan proceeds                 $ 230.0
Term Loan frequency of periodic payments quarterly                
Term Loan first required payment date Mar. 31, 2016                
Derivative Notional Amount             170.3    
Term Loan principal amount             227.1    
Term Loan Facility [Member] | Scenario Forecast [Member]                  
Line of Credit Facility [Line Items]                  
Quarterly principal installments   $ 8.6 $ 5.8 $ 4.3 $ 2.9 $ 2.9      
Standby Letters Of Credit [Member]                  
Line of Credit Facility [Line Items]                  
Revolving Credit Facility capacity availability             20.0    
Foreign currencies [Member]                  
Line of Credit Facility [Line Items]                  
Revolving Credit Facility capacity availability             $ 20.0    
Thailand Subsidiary [Member]                  
Line of Credit Facility [Line Items]                  
Credit Agreement capacity | THB THB 350                
Thailand Subsidiary [Member] | Thailand Credit Facility [Member]                  
Line of Credit Facility [Line Items]                  
Credit Agreement maturity date Oct. 31, 2016                
Minimum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
U.S. Credit facility, commitment fee 0.30%                
Maximum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
U.S. Credit facility, commitment fee 0.40%                
LIBO Plus [Member] | Minimum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate 1.25%                
LIBO Plus [Member] | Maximum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate 2.25%                
Alternate Base Rate Plus [Member] | Minimum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate 0.25%                
Alternate Base Rate Plus [Member] | Maximum [Member] | Credit Agreement [Member]                  
Line of Credit Facility [Line Items]                  
Basis spread on variable rate 1.25%