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FAIR VALUE MEASUREMENTS (Tables)
 6 Months Ended
Jun. 30, 2019
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:
 
 
June 30, 2019
 
 
Level 1
 
Total
 
 
(In thousands)
Fair value assets:
 
 
 
 
     Commodity futures instruments
 
$
3,594

 
$
3,594

     Commodity options instruments
 
393

 
393

Foreign currency instruments
 
1,372

 
1,372

Fair value liabilities:
 
 
 
 
     Commodity futures instruments
 
(14,116
)
 
(14,116
)
     Commodity options instruments
 
(6,519
)
 
(6,519
)
Foreign currency instruments
 
(166
)
 
(166
)

 
 
December 30, 2018
 
 
Level 1
 
Total
 
 
(In thousands)
Fair value assets:
 
 
 
 
     Commodity futures instruments
 
$
2,244

 
$
2,244

Foreign currency instruments
 
1,311

 
1,311

Fair value liabilities:
 
 
 
 
     Commodity futures instruments
 
(1,479
)
 
(1,479
)
     Commodity option instruments
 
(3,312
)
 
(3,312
)
Foreign currency instruments
 
(6,649
)
 
(6,649
)
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:
 
 
June 30, 2019
 
December 30, 2018
 
 
Carrying
Amount
 
Fair
Value
 
Carrying
Amount
 
Fair
Value
 
 
 
 
(In thousands)
 
 
Fixed-rate senior notes payable at 5.75%, at Level 1 inputs
 
$
(1,002,296
)
 
$
(1,017,210
)
 
$
(1,002,497
)
 
$
(937,300
)
Fixed-rate senior notes payable at 5.875%, at Level 1 inputs
 
(844,075
)
 
(881,875
)
 
(843,717
)
 
(768,188
)
Secured loans, at Level 3 inputs
 
(1,942
)
 
(1,910
)
 
(319
)
 
(319
)