March 31, 2024

December 31, 2023

(in thousands)

Carrying
Amount

Fair
Value

Carrying
Amount

Fair
Value

Derivative assets related to interest rate swaps (Level 2)

$

142,636

$

142,636

$

129,125

$

129,125

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

Term loans

$

(970,082

)

$

(966,066

)

$

(969,919

)

$

(965,718

)

Revenue bonds

(65,735

)

(64,786

)

(65,735

)

(64,786

)

Total long-term debt1

$

(1,035,817

)

$

(1,030,852

)

$

(1,035,654

)

$

(1,030,504

)

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

$

5,361

$

5,361

$

5,220

$

5,220