XML 71 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
Debt (Tables)
12 Months Ended
Dec. 31, 2014
Derivative [Line Items]  
Components of debt
The table below presents the components of our debt as of December 31, 2014 and December 31, 2013 (in thousands):

 
 
December 31,
 
 
2014
 
2013
Variable rate debt
 
 
 
 
Current portion:
 
 
 
 
Australian Seasonal Credit Facility (described below)
 
$
1,529

 
$

 
 
 
 
 
Long-term portion:
 
 
 
 
Revolving Credit Facility (described below)
 
251,709

 
194,418

Receivables Securitization Facility (described below)
 
67,600

 
52,000

Total debt 
 
$
320,838

 
$
246,418

Changes in deferred financing costs
The table below summarizes changes in deferred financing costs for the past two years (in thousands):

 
 
2014
 
2013
Deferred financing costs:
 
 
 
 
Balance at beginning of year
 
$
4,099

 
$
3,055

Financing costs deferred
 
394

 
1,044

Write-off fully amortized deferred financing costs
 

 

Balance at end of year
 
4,493

 
4,099

 
 
 
 
 
Accumulated amortization of deferred financing costs:
 
 
 
 
Balance at beginning of year
 
(1,985
)
 
(1,573
)
Amortization of deferred financing costs
 
(542
)
 
(412
)
Write-off fully amortized deferred financing costs
 

 

Balance at end of year
 
(2,527
)
 
(1,985
)
Deferred financing costs, net of accumulated amortization
 
$
1,966

 
$
2,114

Interest Rate Swap [Member]  
Derivative [Line Items]  
Schedule of interest rate swaps
The following table provides additional details related to each of these swap contracts:

Derivative
 
Effective Date
 
Notional
Amount
(in millions)
 
Fixed
Interest
Rate
Interest rate swap 1
 
November 21, 2011
 
$
25.0

 
1.185
%
Interest rate swap 2
 
November 21, 2011
 
25.0

 
1.185
%
Interest rate swap 3
 
December 21, 2011
 
50.0

 
1.100
%
Interest rate swap 4
 
January 17, 2012
 
25.0

 
1.050
%
Interest rate swap 5
 
January 19, 2012
 
25.0

 
0.990
%
Forward-starting Interest Rate Swap Agreements [Member]  
Derivative [Line Items]  
Schedule of interest rate swaps
The following table provides additional details related to each of these new swap contracts:

Derivative
 
Inception Date
 
Notional
Amount
(in millions)
 
Fixed
Interest
Rate
Forward-starting interest rate swap 1
 
May 8, 2014
 
$
25.0

 
2.520
%
Forward-starting interest rate swap 2
 
May 14, 2014
 
50.0

 
2.450
%
Forward-starting interest rate swap 3
 
May 19, 2014
 
50.0

 
2.339
%
Forward-starting interest rate swap 4
 
May 28, 2014
 
25.0

 
2.256
%