Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Debt

Debt comprised the following at December 31, 2014 and 2013:

(In thousands)	Maturity Dates		December 31, 2014		December 31, 2013
Unsecured private placement notes
3.86%		2019-2025	$	100,000	$	100,000
4.86%		2017-2023		65,000		65,000
5.88%		2016-2022		40,000		40,000
5.69%		2015-2018		22,857		28,571
6.86%		2015		4,284		8,570
Unsecured U.S. bank debt		2019		20,000		─
Debt of foreign subsidiaries
Unsecured bank debt, foreign currency		2015		12,043		19,488
Unsecured bank term loan, foreign currency		2021		4,840		─
Secured bank term loan, foreign currency		2015		2,723		5,843
Secured bank debt, foreign currency		2015		1,638		2,153
Unsecured bank debt, U.S. dollars		2015		546		998
Total debt			$	273,931	$	270,623
Less current maturities				27,034		35,377
Long-term debt			$	246,897	$	235,246

Schedule of Net Interest Expense

Net interest expense for the years ended December 31, 2014, 2013 and 2012, comprised the following:

(In thousands)	2014			2013			2012
Interest expense	$	12,542		$	11,104		$	9,998
Interest income		(262	)		(57	)		(112	)
		12,280			11,047			9,886
Capitalized interest		(839	)		(689	)		(287	)
Interest expense, net	$	11,441		$	10,358		$	9,599