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FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Apr. 01, 2018
Fair Value Disclosures [Abstract]  
Schedule of Assets and Liabilities Measured on a Recurring Basis
The following items were measured at fair value on a recurring basis:
 
 
April 1, 2018
 
 
Level 1
 
Total
 
 
(In thousands)
Fair value assets:
 
 
 
 
     Commodity futures instruments
 
$
4,881

 
$
4,881

     Commodity options instruments
 
3,229

 
3,229

Foreign currency instruments
 
483

 
483

Fair value liabilities:
 
 
 
 
     Commodity futures instruments
 
(3,678
)
 
(3,678
)
     Commodity options instruments
 
(6,129
)
 
(6,129
)
Foreign currency instruments
 
(433
)
 
(433
)

 
 
December 31, 2017
 
 
Level 1
 
Total
 
 
(In thousands)
Fair value assets:
 
 
 
 
     Commodity futures instruments
 
$
301

 
$
301

     Commodity options instruments
 
421

 
421

Foreign currency instruments
 
45

 
45

Fair value liabilities:
 
 
 
 
     Commodity futures instruments
 
(296
)
 
(296
)
     Commodity option instruments
 
(3,551
)
 
(3,551
)
Foreign currency instruments
 
(211
)
 
(211
)
Schedule of Fair Value and Carrying Value of Debt Obligations
The carrying amounts and estimated fair values of our fixed-rate debt obligation recorded in the Condensed Consolidated Balance Sheets consisted of the following:
 
 
April 1, 2018
 
December 31, 2017
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
 
 
 
(In thousands)
 
 
Fixed-rate senior notes payable at 5.75%, at Level 1 inputs
 
$
(1,002,799
)
 
$
(973,750
)
 
$
(750,000
)
 
$
(774,375
)
Fixed-rate senior notes payable at 5.875%, at Level 1 inputs
 
(843,180
)
 
(799,000
)
 
(604,820
)
 
(619,080
)
Fixed-rate senior notes payable at 6.25%, at Level 1 inputs
 
(92,128
)
 
(94,742
)
 
(403,444
)
 
(418,787
)
Chattel mortgages, at Level 3 inputs
 
(758
)
 
(747
)
 
(873
)
 
(855
)