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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2017
Fair Value Disclosures [Abstract]  
Carrying Value and Fair Value of Long-Term Debt

The following table sets forth carrying value and fair value of long-term debt:

 

 

March 31, 2017

 

 

 

December 31, 2016

 

In thousands

Carrying

Value

 

 

Fair Value

 

 

 

Carrying

Value

 

 

Fair Value

 

Variable rate debt

$

100,000

 

 

$

100,000

 

 

 

$

61,595

 

 

$

61,595

 

Fixed-rate bonds

 

250,000

 

 

 

255,938

 

 

 

 

250,000

 

 

 

256,563

 

2.40% Term loan

 

8,018

 

 

 

8,207

 

 

 

 

8,282

 

 

 

8,877

 

2.05% Term loan

 

34,237

 

 

 

34,745

 

 

 

 

35,163

 

 

 

37,089

 

1.30% Term Loan

 

9,545

 

 

 

9,463

 

 

 

 

9,788

 

 

 

10,062

 

1.55% Term loan

 

10,480

 

 

 

10,402

 

 

 

 

10,333

 

 

 

10,082

 

Total

$

412,280

 

 

$

418,755

 

 

 

$

375,161

 

 

$

384,268