Long-Term Debt

3 Months Ended

Mar. 31, 2012

Long-Term Debt [Abstract]

Long-Term Debt

NOTE 7—Long-Term Debt:

Long-term debt at March 31, 2012 and December 31, 2011 consisted of the following:

	March 31, 2012		December 31, 2011
	(In thousands)
Variable-rate domestic bank loans	$	—	$	—
5.10% Senior notes, net of unamortized discount of $95 at March 31, 2012 and $103 at December 31, 2011		324,905		324,897
4.50% Senior notes, net of unamortized discount of $2,735 at March 31, 2012 and $2,814 at December 31, 2011		347,265		347,186
Fixed rate foreign borrowings		24,805		24,778
Capital lease obligation		2,027		2,006
Variable-rate foreign bank loans		57,259		64,326
Miscellaneous		400		480
Total long-term debt		756,661		763,673
Less amounts due within one year		14,462		14,416
Long-term debt, less current portion	$	742,199	$	749,257