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Debt
3 Months Ended
Mar. 31, 2017
Debt Disclosure [Abstract]  
Debt
Note 6 - Debt
 
Indebtedness outstanding was as follows:
 
 
 
March 31,
 
December 31,
 
 
 
2017
2016
 
Short-term debt:
 
 
 
 
 
 
 
Bank Credit Facility, expires July 30, 2019
 
 
$
-
 
 
 
$
-
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Long-term debt:
 
 
 
 
 
 
 
 
 
 
 
4.50% Senior Notes, due December 1, 2025. Aggregate
 
 
 
 
 
 
 
 
 
 
 
principal amount of $250,000 less unaccrued discount of
 
 
 
 
 
 
 
 
 
 
 
$589 and $603 (4.5% imputed rate) and unamortized
 
 
 
 
 
 
 
 
 
 
 
debt issuance costs of $2,138 and $2,188
 
 
 
247,273
 
 
 
 
247,209
 
 
 
The Credit Agreement with Financial Institutions (“Bank Credit Facility”) and 4.50% Senior Notes due 2025 (“Senior Notes due 2025”) are described in “Notes to Consolidated Financial Statements -- Note 7 -- Debt” of the Company’s Annual Report on Form 10-K for the year ended December 31, 2016.