Long-Term Debt And Other Long-Term Liabilities (Tables)

9 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Long-Term Debt

Our long-term debt consisted of the following as of the dates indicated:

	September 30, 2016			December 31, 2015
	(In thousands)
Credit agreement with an average interest rate of 2.5% and 2.6% at September 30, 2016 and December 31, 2015, respectively	$	215,000		$	281,000
6.625% senior subordinated notes due 2021	650,000			650,000
Total principal amount	865,000			931,000
Less: unamortized discount	(2,941		)	(3,338		)
Less: debt issuance costs, net	(7,476		)	(8,667		)
Total long-term debt	$	854,583		$	918,995

Other Long-Term Liabilities

Other long-term liabilities consisted of the following:

	September 30, 2016		December 31, 2015
	(In thousands)
Asset retirement obligation (ARO) liability	$	71,021	$	98,297
Capital lease obligations	19,818		22,466
Workers’ compensation	15,185		16,551
Separation benefit plans	5,289		9,886
Deferred compensation plan	4,470		4,244
Gas balancing liability	3,806		5,047
Other	410		410
	119,999		156,901
Less current portion	16,342		16,560
Total other long-term liabilities	$	103,657	$	140,341

Capital leases

Future payments required under the capital leases at September 30, 2016:

	Amount
Ending September 30,	(In thousands)
2017	$	6,168
2018	6,168
2019	6,168
2020	6,168
2021	5,311
Total future payments	29,983
Less payments related to:
Maintenance	8,106
Interest	2,059
Present value of future minimum payments	$	19,818