XML 65 R41.htm IDEA: XBRL DOCUMENT v3.19.2
Borrowings (Debt Schedule) (Details) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Debt Instrument [Line Items]    
Total borrowings $ 425,680 $ 400,068
Less - unamortized discount and finance fees 1,867 2,368
Total borrowings -- net 423,813 397,700
Less -- long term debt due within one year 4,400 4,400
Total long-term portion of borrowings -- net 419,413 393,300
Libbey Glass | Senior Loans    
Debt Instrument [Line Items]    
Total borrowings [1] $ 378,000 380,200
Floating interest rate 5.41%  
Libbey Glass and Europe | Asset-backed Loan Facility | Line of Credit    
Debt Instrument [Line Items]    
Total borrowings [2],[3] $ 47,680 $ 19,868
Weighted average interest rate 2.93%  
[1] We have entered into interest rate swaps that effectively fix a series of our future interest payments on a portion of the Term Loan B debt. See interest rate swaps in note 8 for additional details. The Term Loan B floating interest rate was 5.41 percent at June 30, 2019.
[2] Maturity date will be January 9, 2021, if Term Loan B is not refinanced by this date.
[3] The interest rate for the ABL Facility is comprised of several different borrowings at various rates. The weighted average rate of all ABL Facility borrowings was 2.93 percent at June 30, 2019.