XML 43 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
Debt (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Summary of Long-Term Debt

Long-term debt at December 31, 2013 and 2012 consisted of the following:

 

     2013      2012  

Borrowings under our $100,000 revolving credit facility bearing interest at a floating rate equal to LIBOR (0.1875% at December 31, 2013) plus an applicable margin of 1.25%, expiring October 26, 2017.

   $ 10,763       $ 38,087   

Borrowings under our $40,000 aggregate principal amount notes bearing interest at a fixed rate of 4.89% maturing on April 26, 2014. Annual principal payments of $5,714 began on April 26, 2008 and extend through the date of maturity.

     5,714         11,429   

Borrowings under our $20,000 aggregate principal amount notes bearing interest at a fixed rate of 4.64% maturing on December 20, 2018. Annual principal payments of $4,000 will begin on December 22, 2014 and extend through the date of maturity.

     20,000         20,000   
  

 

 

    

 

 

 

Total long-term debt

     36,477         69,516   

Less current maturities of long-term debt

     10,477         5,801   
  

 

 

    

 

 

 

Long-term debt, excluding current maturities

   $ 26,000       $ 63,715   
  

 

 

    

 

 

 
Aggregate Maturities of Long-Term Debt Including Current Portion

The aggregate maturities of long-term debt including current portion for each of the five years subsequent to December 31, 2013 are as follows:

 

Year ending December 31,

 

2014

   $ 10,477   

2015

     4,000   

2016

     4,000   

2017

     14,000   

2018

     4,000   

Thereafter

     —     
  

 

 

 

Total

   $ 36,477   
  

 

 

Minimum Future Lease Payments Under Both Capital Leases Together with the Present Value of the Net Minimum Lease Payments

Below are the minimum future lease payments under both capital leases together with the present value of the net minimum lease payments as of December 31, 2013:

 

Year ending December 31,  

2014

   $ 493   

2015

     493   

2016

     493   

2017

     493   

2018

     493   

Thereafter

     4,503   
  

 

 

 

Total minimum lease payments

     6,968   

Less interest included in payments above

     (2,981
  

 

 

 

Present value of minimum lease payments

   $ 3,987