XML 48 R30.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Long-Term Debt (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Debt Disclosure [Abstract] |
Summary of Long-Term Debt | Long-term debt is summarized as follows:
| September 30 |  |  |  | December 31 |
In thousands | 2017 |  |  |  | 2016 |
Revolving credit facility, due Mar. 2020 | $ | 158,298 |  |  |  | $ | 61,595 |
5.375% Notes, due Oct. 2020 |  | 250,000 |  |  |  |  | 250,000 |
2.40% Term Loan, due Jun. 2022 |  | 8,012 |  |  |  |  | 8,282 |
2.05% Term Loan, due Mar. 2023 |  | 34,659 |  |  |  |  | 35,163 |
1.30% Term Loan, due Jun. 2023 |  | 9,698 |  |  |  |  | 9,788 |
1.55% Term Loan, due Sep. 2025 |  | 11,574 |  |  |  |  | 10,333 |
Total long-term debt |  | 472,241 |  |  |  |  | 375,161 |
Less current portion |  | (11,122 | ) |  |  |  | (8,961 | )
Unamortized deferred issuance costs |  | (2,094 | ) |  |  |  | (2,553 | )
Long-term debt, net of current portion | $ | 459,025 |  |  |  | $ | 363,647 |
Summary of Debts Borrowed by Subsidiary | Glatfelter Gernsbach GmbH & Co. KG (“Gernsbach”), a wholly-owned subsidiary of ours, entered into a series of borrowing agreements with IKB Deutsche Industriebank AG, Düsseldorf (“IKB”) as summarized below:
Amounts in thousands | Original Principal |  |  |  | Interest Rate |  |  |  | Maturity
Borrowing date |  |  |  |  |  |  |  |  |  |  |
Apr. 11, 2013 | € | 42,700 |  |  |  |  | 2.05 | % |  |  | Mar. 2023
Sep. 4, 2014 |  | 10,000 |  |  |  |  | 2.40 | % |  |  | Jun. 2022
Oct. 10, 2015 |  | 2,608 |  |  |  |  | 1.55 | % |  |  | Sep. 2025
May 4, 2016 |  | 7,195 |  |  |  |  | 1.55 | % |  |  | Sep. 2025
Apr. 26, 2016 |  | 10,000 |  |  |  |  | 1.30 | % |  |  | Jun. 2023

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

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + 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 FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21475-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=75038535&loc=d3e64711-112823 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21538-112644 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28551-108399 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=84159872&loc=d3e21521-112644 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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