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Debt
12 Months Ended
Dec. 31, 2017
Long-term Debt, Unclassified [Abstract]  
Debt
DEBT
Long-term debt at December 31 consists of the following (in thousands): 
 
2017
 
2016
Senior Subordinated 6.25% Notes
$
210,000

 
$
210,000

Other debt
2,400

 
2,800

Less unamortized debt issuance costs
(2,379
)
 
(3,163
)
Total debt
210,021

 
209,637

Less current maturities
400

 
400

Total long-term debt
$
209,621

 
$
209,237


The Company's Fifth Amended and Restated Credit Agreement dated December 9, 2015 (the "Senior Credit Agreement") was amended to convert our revolving credit facility into a secured cash flow revolver, and terminates on December 9, 2020.
The Senior Credit Agreement provides for a revolving credit facility and letters of credit in an aggregate amount of $300 million. The Company has the option to request additional financing from the banks to either increase the revolving credit facility to $500 million or in the form of a term loan of up to $200 million. The Senior Credit Agreement contains three financial covenants. As of December 31, 2017, the Company is in compliance with all three covenants.
Borrowings under the Senior Credit Agreement are secured by the trade receivables, inventory, personal property, equipment, and certain real property of the Company’s significant domestic subsidiaries. Interest rates on the revolving credit facility are based on the LIBOR plus an additional margin that ranges from 1.25% to 2.25% for LIBOR loans based on the Total Leverage Ratio.
In addition, the revolving credit facility is subject to an undrawn commitment fee ranging between 0.20% and 0.30% based on the Total Leverage Ratio and the daily average undrawn balance.
Standby letters of credit of $11.2 million have been issued under the Senior Credit Agreement to third parties on behalf of the Company as of December 31, 2017. These letters of credit reduce the amount otherwise available under the revolving credit facility. The Company had $288.8 million and $287.2 million of availability under the revolving credit facility at December 31, 2017 and 2016, respectively.
On January 31, 2013, the Company issued $210 million of 6.25% Senior Subordinated Notes ("6.25% Notes") due February 1, 2021. The provisions of the 6.25% Notes include, without limitation, restrictions on indebtedness, liens, and distributions from restricted subsidiaries, asset sales, affiliate transactions, dividends, and other restricted payments. Dividend payments are subject to annual limits and interest is paid semiannually on February 1 and August 1 of each year.
The aggregate maturities of long-term debt for the next five years and thereafter are as follows (in thousands):
 
 
2018
 
2019
 
2020
 
2021
 
2022
 
Thereafter
Long-term debt payments
 
$
400

 
$
400

 
$
400

 
$
210,400

 
$
400

 
$
400


Total cash paid for interest in the years ended December 31 was (in thousands):
 
2017
 
2016
 
2015
Cash paid for interest
$
13,385

 
$
13,906

 
$
15,374