Senior Credit Facility (Details) (USD $)
In Thousands, unless otherwise specified |
3 Months Ended | |
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Mar. 31, 2015
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Feb. 04, 2015
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Debt Instrument [Line Items] | ||
Line of Credit Facility Term, In Years | 5fwrd_LineOfCreditFacilityTermInYears | |
Senior credit facility amount | $ 275,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity | |
Interest rate spread above LIBOR as of reporting period (in hundredths) | 1.00%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 | |
Base reference rate of credit facilities | LIBOR | |
Letters of Credit Outstanding, Amount | 12,613us-gaap_LettersOfCreditOutstandingAmount | |
Available borrowing capacity | 137,387us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity | |
Long-term Debt, Gross | 125,000us-gaap_DebtInstrumentCarryingAmount | |
Term Loan, Quarterly Payment Percentage | 11.10%fwrd_TermLoanQuarterlyPaymentPercentage | |
Interest Rate on Term Loan | 1.30%us-gaap_LongTermDebtPercentageBearingVariableInterestRate | |
Letter of Credit [Member] | ||
Debt Instrument [Line Items] | ||
Line of Credit Facility, Capacity Available for Specific Purpose Other than for Trade Purchases |
25,000us-gaap_LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember |
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Swing line loan [Member] | ||
Debt Instrument [Line Items] | ||
Line of Credit Facility, Capacity Available for Specific Purpose Other than for Trade Purchases |
15,000us-gaap_LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases / us-gaap_CreditFacilityAxis = fwrd_SwinglineloanMember |
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Revolving Credit Facility [Member] | ||
Debt Instrument [Line Items] | ||
Senior credit facility amount |
150,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = us-gaap_RevolvingCreditFacilityMember |
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Debt Instrument, Basis Spread on Variable Rate, Minimum |
0.30%fwrd_DebtInstrumentBasisSpreadOnVariableRateMinimum / us-gaap_CreditFacilityAxis = us-gaap_RevolvingCreditFacilityMember |
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Debt Instrument, Basis Spread on Variable Rate, Maximum |
0.80%fwrd_DebtInstrumentBasisSpreadOnVariableRateMaximum / us-gaap_CreditFacilityAxis = us-gaap_RevolvingCreditFacilityMember |
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Federal funds [Member] | ||
Debt Instrument [Line Items] | ||
Interest rate spread above LIBOR as of reporting period (in hundredths) |
0.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_CreditFacilityAxis = fwrd_FederalfundsMember |
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Term loan [Member] | ||
Debt Instrument [Line Items] | ||
Senior credit facility amount |
$ 125,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = fwrd_TermloanMember |
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Debt Instrument, Basis Spread on Variable Rate, Minimum |
0.10%fwrd_DebtInstrumentBasisSpreadOnVariableRateMinimum / us-gaap_CreditFacilityAxis = fwrd_TermloanMember |
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Debt Instrument, Basis Spread on Variable Rate, Maximum |
0.60%fwrd_DebtInstrumentBasisSpreadOnVariableRateMaximum / us-gaap_CreditFacilityAxis = fwrd_TermloanMember |
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- Definition
The maximum percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition
The minimum percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition
Number of years in line of credit facility term. No definition available.
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- Definition
The payment, expressed as a percentage of the term loan. No definition available.
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- Definition
Percentage points added to the reference rate to compute the variable rate on the debt instrument. No definition available.
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- Definition
Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. No definition available.
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- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
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- Definition
The maximum amount of borrowing capacity under a line of credit that is available as of the balance sheet date for a specific purpose other than for financing goods acquired for inventory or imminent delivery to a customer. No definition available.
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- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The interest rate applicable to the portion of the carrying amount of long-term borrowings outstanding as of the balance sheet date, including current maturities, which accrues interest at a rate subject to change from time to time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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