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Fair Value of Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2018
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, 2018

 

 

 

December 31, 2017

 

In thousands

Carrying

Value

 

 

Fair Value

 

 

 

Carrying

Value

 

 

Fair Value

 

Variable rate debt

$

196,588

 

 

$

196,588

 

 

 

$

171,200

 

 

$

171,200

 

Fixed-rate bonds

 

250,000

 

 

 

253,980

 

 

 

 

250,000

 

 

 

253,823

 

2.40% Term loan

 

7,481

 

 

 

7,637

 

 

 

 

7,710

 

 

 

7,889

 

2.05% Term loan

 

32,883

 

 

 

33,318

 

 

 

 

33,607

 

 

 

34,122

 

1.30% Term Loan

 

9,241

 

 

 

9,177

 

 

 

 

9,423

 

 

 

9,370

 

1.55% Term loan

 

11,324

 

 

 

11,229

 

 

 

 

11,390

 

 

 

11,320

 

Total

$

507,517

 

 

$

511,929

 

 

 

$

483,330

 

 

$

487,724