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Debt (Tables) | 12 Months Ended
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Dec. 31, 2023
Debt [Abstract] |
Long-Term Debt | Long-term debt consisted of the following unsecured obligations at December 31:
(In thousands) |  | 2023 |  |  | 2022 |
3.66% senior notes due November 2023 |  | $ | - |  |  | $ | 75,000 |
3.65% senior notes due May 2024 |  |  | 27,000 |  |  |  | 27,000 |
4.19% senior notes due November 2025 |  |  | 25,000 |  |  |  | 25,000 |
6.08% senior notes due November 2026 |  |  | 35,000 |  |  |  | - |
6.14% senior notes due November 2027 |  |  | 35,000 |  |  |  | - |
4.94% senior notes due May 2028 |  |  | 75,000 |  |  |  | - |
6.34% senior notes due November 2029 |  |  | 35,000 |  |  |  | - |
3.06% Euro-denominated senior notes due November 2023 |  |  | - |  |  |  | 40,945 |
1.27% Euro-denominated senior notes due May 2024 |  |  | 55,194 |  |  |  | 53,527 |
1.71% Euro-denominated senior notes due May 2027 |  |  | 44,155 |  |  |  | 42,822 |
4.15% Euro-denominated senior notes due May 2028 |  |  | 44,155 |  |  |  | - |
4.62% Euro-denominated senior notes due November 2029 |  |  | 44,155 |  |  |  | - |
2.53% British Pound-denominated notes due November 2023 |  |  | - |  |  |  | 30,208 |
2.76% British Pound-denominated notes due November 2025 |  |  | 31,827 |  |  |  | 30,208 |
Euro-denominated term loan |  |  | 82,790 |  |  |  | 80,291 |
Revolving Credit Facilities |  |  | 111,039 |  |  |  | 225,469 |
Various other notes |  |  | 117 |  |  |  | 622 |
Total debt |  |  | 645,432 |  |  |  | 631,092 |
Less debt fees |  |  | (230 | ) |  |  | (260 | )
Less current portion |  |  | (117 | ) |  |  | (501 | )
Total long-term debt |  | $ | 645,085 |  |  | $ | 630,331 |
Contractual Maturities on Long-Term Debt | The aggregate amounts of contractual maturities on long-term debt subsequent to December 31, 2023, are as follows:
(In thousands) |  |  |
Year ending December 31, |  |  |
2024 |  | $ | 249,849 |
2025 |  |  | 56,795 |
2026 |  |  | 61,013 |
2027 |  |  | 79,135 |
2028 |  |  | 119,144 |
Thereafter |  |  | 79,149 |
Total long-term debt maturities |  | $ | 645,085 |
Short-Term Borrowings | The Company’s short-term borrowings consisted of the following items at December 31:
(In thousands) |  | 2023 |  |  | 2022 |
U.S. credit facilities |  | $ | 13,343 |  |  | $ | 19,872 |
Current maturities of long-term debt |  |  | 117 |  |  |  | 501 |
Total |  | $ | 13,460 |  |  | $ | 20,373 |

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- Definition Tabular disclosure of short-term debt arrangements (having initial terms of repayment within one year or the normal operating cycle, if longer) including: (1) description of the short-term debt arrangement; (2) identification of the lender or type of lender; (3) repayment terms; (4) weighted average interest rate; (5) carrying amount of funds borrowed under the specified short-term debt arrangement as of the balance sheet date; (6) description of the refinancing of a short-term obligation when that obligation is excluded from current liabilities in the balance sheet; and (7) amount of a short-term obligation that has been excluded from current liabilities in the balance sheet because of a refinancing of the obligation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1 + Details
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