Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

Fair Value Measurements

Recurring fair value measurements

	Fair Value as of March 31, 2019
	Level 1		Level 2		Level 3
	(In thousands)
Assets:
Short-term investments:
Equity securities	$	39,556	$	1,026	$	—
Mortgage-CMO debt securities		—		8		—
Total short-term investments	$	39,556	$	1,034	$	—

	Fair Value as of December 31, 2018
	Level 1		Level 2		Level 3
	(In thousands)
Assets:
Short-term investments:
Equity securities	$	33,250	$	778	$	—
Mortgage-CMO debt securities		—		8		—
Total short-term investments	$	33,250	$	786	$	—

Fair value of financial instruments

	March 31, 2019				December 31, 2018
	Carrying		Fair		Carrying		Fair
	Value		Value		Value		Value
	(In thousands)
5.00% senior notes due September 2020	$	614,825	$	621,982	$	614,748	$	590,336
4.625% senior notes due September 2021		637,408		629,765		668,347		603,457
5.50% senior notes due January 2023		577,042		554,024		586,000		465,999
5.10% senior notes due September 2023		336,714		308,693		342,923		262,494
0.75% senior exchangeable notes due January 2024		456,077		410,257		450,689		358,012
5.75% senior notes due February 2025		791,502		711,093		791,502		598,953
2012 Revolving credit facility		300,000		300,000		170,000		170,000
2018 Revolving credit facility		—		—		—		—
Other		850		850		561		561
		3,714,418	$	3,536,664		3,624,770	$	3,049,812
Less: current portion		850				561
Less: deferred financing costs		35,988				38,325
	$	3,677,580			$	3,585,884