XML 70 R68.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
DEBT (Details)
$ in Thousands, € in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2017
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2019
EUR (€)
Jan. 01, 2019
USD ($)
Dec. 31, 2018
EUR (€)
Components of the company's debt obligations              
Consolidated Leverage Ratio   1.71     1.71    
Consolidated Interest Coverage Ratio   16.21     16.21    
Long-term obligations gross including current maturities   $ 1,153,682 $ 1,191,489        
Current maturities of long-term obligations   (65,988) (62,678)        
Total long-term obligations   1,087,694 1,128,811        
Deferred Finance Costs, Net, Total   2,241 2,818        
Deferred debt issuance costs noncurrent   2,241 2,818        
Long-term obligations including current maturities   1,151,441 1,188,671        
Current maturities of long-term obligations   (65,988) (62,678)     $ (65,309)  
Long-term obligations, net of unamortized debt issuance costs   1,085,453 1,125,993     $ 1,129,238  
Aggregate long-term maturities, excluding finance lease obligations              
Year One   61,670          
Year Two   61,337          
Year Three   135,324          
Year Four   239,826          
Year Five   375,169          
After Year Five   $ 250,404          
Minimum              
Components of the company's debt obligations              
Consolidated Interest Coverage Ratio   3.00     3.00    
Maximum              
Components of the company's debt obligations              
Consolidated Leverage Ratio   3.50     3.50    
Unsecured lines of credit              
Components of the company's debt obligations              
Average borrowings   $ 34,100 $ 40,000        
Average annual interest rate on short-term notes payable (as a percent)   1.60% 1.90%        
Compensating balance requirement   $ 0          
Revolving credit facility              
Components of the company's debt obligations              
Credit facility interest and fees   1,500 $ 1,500        
5-year revolving credit facility maturing in July 2022              
Components of the company's debt obligations              
Revolving credit facility maximum borrowing capacity   300,000     € 150.0    
Amount outstanding under line of credit   25,000 0   € 0.0   € 69.0
Notes payable              
Components of the company's debt obligations              
Proceeds from debt $ 280,000     $ 280,000      
Long-term obligations gross including current maturities   168,000 224,000        
Deferred Finance Costs, Net, Total   390 541        
Long-term obligations including current maturities   $ 167,610 $ 223,459        
Interest rate on notes (as a percent)   1.36% 1.36%   1.36%   1.36%
Floating interest rate prior to conversion to a fixed interest rate   3.20% 4.00%   3.20%   4.00%
Notes payable 0.00% - 10.90%, due in monthly and annual installments through 2028              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 19,220 $ 15,531        
Long-term obligations including current maturities   $ 19,220 $ 15,531        
Notes payable 0.00% - 10.90%, due in monthly and annual installments through 2028 | Minimum              
Components of the company's debt obligations              
Interest rate on notes (as a percent)   0.00% 0.00%   0.00%   0.00%
Notes payable 0.00% - 10.90%, due in monthly and annual installments through 2028 | Maximum              
Components of the company's debt obligations              
Interest rate on notes (as a percent)   10.90% 16.00%   10.90%   16.00%
Senior unsecured notes 3.2%, due in 2022              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 75,000 $ 75,000        
Deferred Finance Costs, Net, Total   64 88        
Long-term obligations including current maturities   $ 74,936 $ 74,912        
Interest rate on notes (as a percent)   3.20% 3.20%   3.20%   3.20%
Senior unsecured notes 3.5%, due in 2023              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 125,000 $ 125,000        
Deferred Finance Costs, Net, Total   144 181        
Long-term obligations including current maturities   $ 124,856 $ 124,819        
Interest rate on notes (as a percent)   3.50% 3.50%   3.50%   3.50%
Senior unsecured notes 0.98%, due in 2023              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 112,170 $ 114,535        
Deferred Finance Costs, Net, Total   356 432        
Long-term obligations including current maturities   $ 111,814 $ 114,103        
Interest rate on notes (as a percent)   1.00% 1.00%   1.00%   1.00%
Senior unsecured notes 3.4%, due in 2024              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 50,000 $ 50,000        
Deferred Finance Costs, Net, Total   63 76        
Long-term obligations including current maturities   $ 49,937 $ 49,924        
Interest rate on notes (as a percent)   3.40% 3.40%   3.40%   3.40%
Senior unsecured notes 3.5%, due in 2024              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 100,000 $ 100,000        
Deferred Finance Costs, Net, Total   144 181        
Long-term obligations including current maturities   $ 99,856 $ 99,819        
Interest rate on notes (as a percent)   3.50% 3.50%   3.50%   3.50%
Senior unsecured notes 1.17%, due in 2024              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 224,340 $ 229,070        
Deferred Finance Costs, Net, Total   742 904        
Long-term obligations including current maturities   $ 223,598 $ 228,166        
Interest rate on notes (as a percent)   1.20% 1.20%   1.20%   1.20%
Senior unsecured notes 3.6%, due in 2025              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 125,000 $ 125,000        
Deferred Finance Costs, Net, Total   169 207        
Long-term obligations including current maturities   $ 124,831 $ 124,793        
Interest rate on notes (as a percent)   3.60% 3.60%   3.60%   3.60%
Senior unsecured notes 3.6%, due in 2026              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 125,000 $ 125,000        
Deferred Finance Costs, Net, Total   169 208        
Long-term obligations including current maturities   $ 124,831 $ 124,792        
Interest rate on notes (as a percent)   3.60% 3.60%   3.60%   3.60%
Capital lease obligations              
Components of the company's debt obligations              
Long-term obligations gross including current maturities   $ 29,952 $ 8,353        
Long-term obligations including current maturities   $ 29,952 $ 8,353