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Fair Values of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Estimated Fair Value of Outstanding Debt Balances

The estimated fair value of the Company’s outstanding debt balances (including current portion) as of June 30, 2013 and December 31, 2012 is set forth below (in thousands):

 

     June 30, 2013      December 31, 2012  
     Carrying
Value
     Fair
Value
     Carrying
Value
     Fair
Value
 

Borrowings under credit agreements:

           

Term loan facility

   $ 96,250       $ 96,250       $ 98,750       $ 98,750   

4.97% Series A Senior Notes

     300,000         314,840         300,000         329,281   

4.27% Series B Senior Notes

     300,000         296,060         300,000         310,591   
  

 

 

    

 

 

    

 

 

    

 

 

 

Total debt

   $ 696,250       $ 707,150       $ 698,750       $ 738,622