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Long-Term Debt | 3 Months Ended
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Mar. 31, 2015
Debt Disclosure [Abstract] |
Long-Term Debt | Long-Term Debt
(In thousands) | March 31, 2015 |  | December 31, 2014
2006 Senior Notes payable through 2021, 5.41% | 46,667 |  |  | 46,667 |
2010 Senior Notes payable through 2021, 4.00% | 100,000 |  |  | 100,000 |
Senior revolving credit facility maturing in 2019 | 126,000 |  |  | 105,000 |
Total | 272,667 |  |  | 251,667 |
Amounts due within one year | 6,667 |  |  | 6,667 |
Long-term debt | 266,000 |  |  | 245,000 |
At March 31, 2015, $171.1 million of the $300.0 million senior revolving credit facility was unused including letters of credit. The revolving credit facility and note purchase agreements require the Company to comply with specified financial covenants. In addition, the credit facility and the note purchase agreements contain negative covenants limiting the ability of the Company and its subsidiaries to enter into specified transactions. The Company was in compliance with all covenants at March 31, 2015. The Company had outstanding bank guarantees and standby letters of credit with banks as of March 31, 2015 totaling $6.0 million, of which $2.9 million relate to the senior revolving credit facility. The letters of credit serve to cover customer requirements in connection with certain sales orders and insurance companies. No amounts were drawn on these arrangements at March 31, 2015. The Company is also required to provide cash collateral in connection with certain arrangements. At March 31, 2015, the Company has $2.7 million of restricted cash in support of these arrangements.

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- Definition The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20,22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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