Long-Term Debt (Tables)

3 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

The following table presents the carrying value and fair value (determined using inputs characteristic of a Level 2 fair value measurement) of debt outstanding (in thousands):

	March 31, 2022					December 31, 2021
	Carrying Value			Fair Value		Carrying Value			Fair Value
Revolving Credit Facility due March 27, 2024 (a)	$	—		$	—	$	—		$	—
Term Loan due March 27, 2024 (a)		305,000			305,000		315,000			315,000
3.29% senior notes due February 27, 2023		350,000			351,078		350,000			358,390
4.2% senior notes due March 1, 2028		500,000			512,724		500,000			549,239
Credit line due June 30, 2022		—			—		—			—
Bank notes payable		3,097			3,097		1,934			1,934
		1,158,097			1,171,899		1,166,934			1,224,563
Unamortized debt discounts and issuance costs (b)		(3,362	)		—		(3,567	)		—
	$	1,154,735		$	1,171,899	$	1,163,367		$	1,224,563

(a)Variable interest rate of 1.8% and 1.5% at March 31, 2022 and December 31, 2021, respectively.

(b)Excludes $1.2 million and $1.4 million attributable to the Revolving Credit Facility included in other assets at March 31, 2022 and December 31, 2021, respectively.

Borrowings and Payments Under the Bank Credit Facilities

The following table presents borrowings and payments under the bank credit facilities (in thousands):

	Three Months Ended March 31,
	2022			2021
Borrowings on bank credit facilities	$	89,740		$	1,107
Payments on bank credit facilities		(88,577	)		(120,713	)
	$	1,163		$	(119,606	)