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Debt (Tables)
12 Months Ended
Dec. 31, 2018
Debt Disclosure [Abstract]  
Debt

Debt comprised the following at December 31, 2018 and 2017:

 

(In thousands)

 

Maturity

Dates

 

December 31,

2018

 

 

December 31,

2017

 

Unsecured private placement notes

 

 

 

 

 

 

 

 

 

 

3.95% (net of unamortized debt issuance cost of $360 and

    $346 for 2018 and 2017, respectively)

 

2021-2027

 

$

99,640

 

 

$

99,654

 

3.86% (net of unamortized debt issuance cost of $347 and

    $343 for 2018 and 2017, respectively)

 

2019-2025

 

 

99,653

 

 

 

99,657

 

4.86% (net of unamortized debt issuance cost of $186 and

    $191 for 2018 and 2017, respectively)

 

2018-2023

 

 

46,243

 

 

 

55,523

 

5.88% (net of unamortized debt issuance cost of $85 and

    $95 for 2018 and 2017, respectively)

 

2018-2022

 

 

22,772

 

 

 

28,476

 

5.69% (net of unamortized debt issuance cost of $0 and

    $12 for 2018 and 2017, respectively)

 

2018

 

 

 

 

 

5,703

 

Debt of foreign subsidiaries

 

 

 

 

 

 

 

 

 

 

Unsecured bank debt, foreign currency

 

2019

 

 

7,772

 

 

 

1,786

 

Total debt

 

 

 

$

276,080

 

 

$

290,799

 

Less current maturities

 

 

 

 

37,058

 

 

 

22,500

 

Long-term debt

 

 

 

$

239,022

 

 

$

268,299

 

Schedule of Net Interest Expense

Net interest expense for the years ended December 31, 2018, 2017 and 2016, comprised the following:  

 

(In thousands)

 

2018

 

 

2017

 

 

2016

 

Interest expense

 

$

13,360

 

 

$

14,428

 

 

$

15,240

 

Interest income

 

 

(1,829)

 

 

 

(2,075

)

 

 

(1,247

)

 

 

 

11,531

 

 

 

12,353

 

 

 

13,993

 

Capitalized interest

 

 

(760)

 

 

 

(909

)

 

 

(788

)

Interest expense, net

 

$

10,771

 

 

$

11,444

 

 

$

13,205