September 30, 2022

December 31, 2021

(in thousands)

Carrying
Amount

Fair
Value

Carrying
Amount

Fair
Value

Derivative assets related to interest rate swaps (Level 2)

$

147,684

$

147,684

$

33,497

$

33,497

Derivative liabilities related to interest rate swaps (Level 2)

$

—

$

—

$

(24,060

)

$

(24,060

)

Long-term debt, including current portion (Level 2):

Term loans

$

(969,107

)

$

(961,581

)

$

(691,119

)

$

(705,135

)

Revenue bonds

(65,735

)

(64,349

)

(65,735

)

(69,278

)

Medium-term notes

—

—

(3,000

)

(3,007

)

Total long-term debt1

$

(1,034,842

)

$

(1,025,930

)

$

(759,854

)

$

(777,420

)

Company owned life insurance asset (COLI) (Level 3)

$

4,305

$

4,305

$

3,923

$

3,923