XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.5.0.2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Table) | 6 Months Ended
--- | ---
Jun. 30, 2016
Fair Value Disclosures [Abstract] |
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | The location and amounts of derivative instrument fair values in the condensed consolidated balance sheet are below.
(In thousands) | June 30, 2016 |  | December 31, 2015
Assets |  |  |
Designated for hedge accounting |  |  |
Interest rate swaps | $ | — |  |  | $ | 3,083 |
Undesignated for hedge accounting |  |  |
Forward exchange contracts | $ | 374 |  |  | $ | 223 |
Total asset derivatives (A) | $ | 374 |  |  | $ | 3,306 |
Liabilities |  |  |
Undesignated for hedge accounting |  |  |
Forward exchange contracts | 961 |  |  | 673 |
Total liability derivatives (B) | $ | 961 |  |  | $ | 673 |
(A)Forward exchange derivatives are included in Other current assets and interest rate swap assets are included in Other assets. (B)Forward exchange derivatives are included in Other current liabilities
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block] | three and six months ended June 30, 2016 and 2015, were as follows:
|  | Three Months Ended |  | Six Months Ended |
(In thousands) |  | June 30, |  | June 30, |
|  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Other income, net |  |  |  |  |  |  |  |  |
Loss on interest rate swaps |  | $ | — |  |  | $ | (16,232 | ) |  | $ | — |  |  | $ | (4,322 | ) |
Gain on hedged fixed rate debt |  | — |  |  | 16,232 |  |  | — |  |  | 4,322 |  |
Total |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |
Undesignated hedges The location and amount of gains and (losses) recognized in income on forward exchange derivative contracts not designated for hedge accounting for the three and six months ended June 30, were as follows:
|  | Three Months Ended |  | Six Months Ended
(In thousands) |  | June 30, |  | June 30,
Derivatives not designated as hedging instrument |  | 2016 |  | 2015 |  | 2016 |  | 2015
Forward exchange contracts: |  |  |  |  |  |  |  |
General and administrative expenses |  | $ | (4,452 | ) |  | $ | 2,528 |  |  | $ | (5,036 | ) |  | $ | 1,556 |
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block] |
| June 30, 2016 |  | December 31, 2015
(In thousands) | Carrying Value |  | Estimated Fair Value |  | Carrying Value |  | Estimated Fair Value
5.51% Senior notes due 2017 | 150,000 |  |  | 156,982 |  |  | 150,000 |  |  | 158,024 |
3.84% Senior notes due 2021 | 100,000 |  |  | 105,589 |  |  | 100,307 |  |  | 100,307 |
3.70% Senior notes due 2023 | 225,000 |  |  | 235,497 |  |  | 225,000 |  |  | 224,322 |
3.85% Senior notes due 2025 | 100,000 |  |  | 105,565 |  |  | 100,450 |  |  | 100,450 |
4.24% Senior notes due 2026 | 200,000 |  |  | 216,485 |  |  | 201,422 |  |  | 201,422 |
4.05% Senior notes due 2028 | 75,000 |  |  | 79,699 |  |  | 75,904 |  |  | 75,904 |
4.11% Senior notes due 2028 | 100,000 |  |  | 106,909 |  |  | 100,000 |  |  | 99,720 |
Other debt | 1,113 |  |  | 1,113 |  |  | 1,259 |  |  | 1,259 |
Total debt | 951,113 |  |  | 1,007,839 |  |  | 954,342 |  |  | 961,408 |
Unamortized debt issuance costs (1) | (1,060 | ) |  | (1,060 | ) |  | (1,137 | ) |  | (1,137 | )
Unamortized interest rate swap proceeds (2) | 17,511 |  |  | 17,511 |  |  | — |  |  | — |
Total debt, net | $ | 967,564 |  |  | $ | 1,024,290 |  |  | $ | 953,205 |  |  | $ | 960,271 |

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information pertaining to carrying amount and estimated fair value of short-term and long-term debt instruments or arrangements, including but not limited to, identification of terms, features, and collateral requirements. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCarryingValuesAndEstimatedFairValuesOfDebtInstrumentsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for fair value hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfFairValueHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for other derivative instruments not designated as hedging instruments of (a) the location and amount of gains and losses reported in the statement of financial performance and (b) the location and fair value amounts of the instruments reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
Name: | us-gaap_ScheduleOfOtherDerivativesNotDesignatedAsHedgingInstrumentsStatementsOfFinancialPerformanceAndFinancialPositionLocationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration