XML 86 R13.htm IDEA: XBRL DOCUMENT
v2.4.0.8

6. Long-Term Debt | 6 Months Ended
--- | ---
Jun. 30, 2013
Debt Disclosure [Abstract] |
Long-term Debt | 6. LONG-TERM DEBT The principal components of long-term debt are as follows (in millions):
| June 30, 2013 |  | December 31, 2012
8.0% Senior Subordinated Notes due 2016 | $ | 297.3 |  |  | $ | 296.9 |
4.875% Senior Notes due 2020 | 423.1 |  |  | 423.0 |
Capital leases and other debt | 12.6 |  |  | 12.7 |
| 733.0 |  |  | 732.6 |
Less current maturities | (0.2 | ) |  | (0.2 | )
Long-term debt | $ | 732.8 |  |  | $ | 732.4 |
Amended and Restated Credit Agreement (Credit Agreement) In June 2010, Bio-Rad entered into a $200.0 million Credit Agreement. Borrowings under the Credit Agreement are on a revolving basis and can be used for acquisitions, for working capital and for other general corporate purposes. We had no outstanding borrowings under the Credit Agreement as of June 30, 2013 or December 31, 2012. The Credit Agreement expires on June 21, 2014. The Credit Agreement is secured by substantially all of our personal property assets, the assets of our domestic subsidiaries and 65% of the capital stock of certain of our foreign subsidiaries. It is guaranteed by all of our existing and future material domestic subsidiaries. The Credit Agreement and the Senior Subordinated Notes due 2016 require Bio-Rad to comply with certain financial ratios and covenants, among other things. These ratios and covenants include a leverage ratio test and an interest coverage test, as well as restrictions on our ability to declare or pay dividends, incur debt, guarantee debt, enter into transactions with affiliates, merge or consolidate, sell assets, make investments, create liens and prepay subordinated debt. We were in compliance with all of these ratios and covenants as of June 30, 2013.

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for long-term debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 + Details
Name: | us-gaap_LongTermDebtTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration