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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 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:

 

 

September 30, 2018

 

 

 

December 31, 2017

 

In thousands

Carrying

Value

 

 

Fair Value

 

 

 

Carrying

Value

 

 

Fair Value

 

Variable rate debt

$

345,962

 

 

$

345,962

 

 

 

$

171,200

 

 

$

171,200

 

Fixed-rate bonds

 

250,000

 

 

 

250,633

 

 

 

 

250,000

 

 

 

253,823

 

2.40% Term loan

 

6,201

 

 

 

6,332

 

 

 

 

7,710

 

 

 

7,889

 

2.05% Term loan

 

27,802

 

 

 

28,206

 

 

 

 

33,607

 

 

 

34,122

 

1.30% Term Loan

 

7,855

 

 

 

7,825

 

 

 

 

9,423

 

 

 

9,370

 

1.55% Term loan

 

9,928

 

 

 

9,874

 

 

 

 

11,390

 

 

 

11,320

 

Total

$

647,748

 

 

$

648,832

 

 

 

$

483,330

 

 

$

487,724