XML 70 R16.htm IDEA: XBRL DOCUMENT v2.4.0.8

Interest Expense

6 Months Ended

Jun. 30, 2014

Interest and Debt Expense [Abstract]

Interest Expense

Interest Expense

The following table presents an analysis of interest expense: 

	For the Three Months Ended								For the Six Months Ended
	June 30,								June 30,
	2013				2014				2013				2014
	(Dollars in thousands)								(Dollars in thousands)
Interest incurred on debt	$	5,434			$	5,345			$	10,883			$	10,667
Amortization of discount on Senior Subordinated Notes	2,848				3,048				5,649				6,045
Amortization of debt issuance costs	588				762				1,143				1,395
Supply Chain Financing mark-up	77				—				280				47
Total interest expense	$	8,947			$	9,155			$	17,955			$	18,154

Interest Rates

The Revolving Facility had an effective interest rate of 2.42% and 2.16% as of December 31, 2013 and June 30, 2014, respectively. The Senior Subordinated Notes have an implied interest rate of 7.00%. The Senior Notes have a fixed interest rate of 6.375%.

X

- Details

Name:	us-gaap_InterestAndDebtExpenseAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for interest income and interest expense for enterprises that derive a significant portion of their revenue from interest collected on investments, loans, and securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 942

-SubTopic 225

-Section S99

-Paragraph 1

-Subparagraph (SX 210.9-04.1-12)

-URI http://asc.fasb.org/extlink&oid=6879574&loc=d3e536633-122882



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Regulation S-X (SX)

-Number 210

-Section 04

-Paragraph 1 - 9

-Article 9

+ Details

Name:	us-gaap_InterestIncomeAndInterestExpenseDisclosureTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration