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Debt (Tables)
3 Months Ended
Mar. 31, 2016
Debt Disclosure [Abstract]  
Debt

At March 31, 2016, and December 31, 2015, debt comprised the following: 

 

(In thousands)

 

Maturity

Dates

 

March 31,

2016

 

 

December 31,

2015  (1)

 

Unsecured private placement notes

 

 

 

 

 

 

 

 

 

 

3.95% (net of unamortized debt issuance cost of $374 and $383 for 2016 and 2015, respectively)

 

2021-2027

 

$

99,626

 

 

$

99,617

 

3.86% (net of unamortized debt issuance cost of $428 and $440 for 2016 and 2015, respectively)

 

2019-2025

 

 

99,572

 

 

 

99,560

 

4.86% (net of unamortized debt issuance cost of $252 and $260 for 2016 and 2015, respectively)

 

2017-2023

 

 

64,748

 

 

 

64,740

 

5.88% (net of unamortized debt issuance cost of $135 and $140 for 2016 and 2015, respectively)

 

2016-2022

 

 

39,865

 

 

 

39,860

 

5.69% (net of unamortized debt issuance cost of $42 and $46 for 2016 and 2015, respectively)

 

2016-2018

 

 

17,100

 

 

 

17,096

 

Unsecured  U.S. bank debt

 

2019

 

 

 

 

 

 

Debt of foreign subsidiaries

 

 

 

 

 

 

 

 

 

 

      Unsecured bank debt, foreign currency

 

2016

 

 

59

 

 

 

4,810

 

      Unsecured bank term loan, foreign currency

 

2021

 

 

3,740

 

 

 

3,724

 

Secured bank debt, foreign currency

 

2015

 

 

3,140

 

 

 

1,947

 

Total debt

 

 

 

$

327,850

 

 

$

331,354

 

Less current maturities

 

 

 

 

15,277

 

 

 

18,806

 

Long-term debt

 

 

 

$

312,573

 

 

$

312,548

 

 

 

(1)

Certain balances have been restated from those originally reported at December 31, 2015, due to the Company’s January 1, 2016, adoption of the new U.S. GAAP guidance regarding the classification of debt issuance costs. See Note 16 for additional information regarding ASU No. 2015-03.