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

The following table sets forth the carrying value and fair value of long-term debt as of December 31:

 

2017

 

 

 

2016

 

In thousands

Carrying

Value

 

 

Fair

Value

 

 

 

Carrying

Value

 

 

Fair

Value

 

Variable rate debt

$

171,200

 

 

$

171,200

 

 

 

$

61,595

 

 

$

61,595

 

Fixed-rate bonds

 

250,000

 

 

 

253,823

 

 

 

 

250,000

 

 

 

256,563

 

2.40% Term loan

 

7,710

 

 

 

7,889

 

 

 

 

8,282

 

 

 

8,877

 

2.05% Term loan

 

33,607

 

 

 

34,122

 

 

 

 

35,163

 

 

 

37,089

 

1.30% Term Loan

 

9,423

 

 

 

9,370

 

 

 

 

9,788

 

 

 

10,062

 

1.55% Term loan

 

11,390

 

 

 

11,320

 

 

 

 

10,333

 

 

 

10,082

 

Total

$

483,330

 

 

$

487,724

 

 

 

$

375,161

 

 

$

384,268