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Debt (Tables)
12 Months Ended
Dec. 31, 2012
Debt [Abstract]  
Debt comprised

Debt comprised the following at December 31, 2012 and 2011:

 

                             
(In thousands)   Maturity
Dates
    December 31,
2012
   

December 31,

2011

      

Unsecured private placement notes

                           

4.86%

    2017-2023     $ 65,000     $ 65,000      

5.88%

    2016-2022       40,000       40,000      

5.69%

    2013-2018       34,286       40,000      

6.86%

    2013-2015       12,856       17,142      

6.59%

                2,727      
         

Debt of foreign subsidiaries

                           

Secured bank term loans, foreign currency

    2013-2015       9,531       12,496      

Secured bank term loan, U.S. dollars

    2013-2014       3,500       5,833      

Other loans, foreign currency

    2013-2015       17,229       16,256      
           

 

 

   

 

 

     

Total debt

          $ 182,402     $ 199,454      

Less current maturities

            32,838       34,487      
           

 

 

   

 

 

     

Long-term debt

          $ 149,564     $ 164,967      
           

 

 

   

 

 

     
Schedule of net interest expense

Net interest expense for the years ended December 31, 2012, 2011 and 2010, comprised the following:

 

                         
(In thousands)   2012     2011     2010  
       

Interest expense

  $ 9,998     $ 9,839     $ 7,145  

Interest income

    (112     (359     (439
   

 

 

   

 

 

   

 

 

 
      9,886       9,480       6,706  

Capitalized interest

    (287     (385     (365
   

 

 

   

 

 

   

 

 

 

Interest expense, net

  $ 9,599     $ 9,095     $ 6,341