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Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2015
Financial Instruments [Abstract]  
Carrying Value, Fair Value And Hierarchy Of Financial Instruments

The following shows the carrying value, fair value and the hierarchy for our financial instruments as of          

March 31, 2015 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measure

 

 

Carrying Value

 

 

Quoted Prices in Active Markets for Identical Assets (Level 1)

 

 

Significant Other Observable Inputs (Level 2)

 

 

Significant Unobservable Inputs (Level 3)

Mutual fund investments of deferred

 

 

 

 

 

 

 

 

 

 

 

compensation plans held in trust

$

52,075 

 

$

52,075 

 

$

 -

 

$

 -

Long-term debt

 

161,250 

 

 

 -

 

 

161,250 

 

 

 -

 

For the mutual fund investments carrying value is fair value.  All outstanding long-term debt is at a floating interest rate tied to LIBOR. Therefore, the carrying amount is a reasonable estimation of fair value.

 

The following shows the carrying value, fair value and the hierarchy for our financial instruments as of      December 31, 2014 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fair Value Measure

 

 

Carrying Value

 

 

Quoted Prices in Active Markets for Identical Assets (Level 1)

 

 

Significant Other Observable Inputs (Level 2)

 

 

Significant Unobservable Inputs (Level 3)

Mutual fund investments of deferred

 

 

 

 

 

 

 

 

 

 

 

compensation plans held in trust

$

49,147 

 

$

49,147 

 

$

 -

 

$

 -

Long-term debt

 

147,500 

 

 

 -

 

 

147,500 

 

 

 -