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Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 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:

 

 

June 30, 2017

 

 

 

December 31, 2016

 

In thousands

Carrying

Value

 

 

Fair Value

 

 

 

Carrying

Value

 

 

Fair Value

 

Variable rate debt

$

130,000

 

 

$

130,000

 

 

 

$

61,595

 

 

$

61,595

 

Fixed-rate bonds

 

250,000

 

 

 

256,623

 

 

 

 

250,000

 

 

 

256,563

 

2.40% Term loan

 

8,151

 

 

 

8,349

 

 

 

 

8,282

 

 

 

8,877

 

2.05% Term loan

 

35,023

 

 

 

35,570

 

 

 

 

35,163

 

 

 

37,089

 

1.30% Term Loan

 

9,781

 

 

 

9,712

 

 

 

 

9,788

 

 

 

10,062

 

1.55% Term loan

 

11,187

 

 

 

11,103

 

 

 

 

10,333

 

 

 

10,082

 

Total

$

444,142

 

 

$

451,357

 

 

 

$

375,161

 

 

$

384,268