Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Financial assets and liabilities measured at fair value on a recurring basis

The following fair value hierarchy table presents information about the Company’s financial assets and liabilities measured at fair value on a recurring basis:

(In thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at    June 30, 2016
Assets
Deferred compensation plan	$	11,760	$	—	$	—	$	11,760
Total assets	$	11,760	$	—	$	—	$	11,760
Liabilities
Deferred compensation plan	$	24,522	$	—	$	—	$	24,522
Derivative instruments	—		11,189		8,306		19,495
Total liabilities	$	24,522	$	11,189	$	8,306	$	44,017

(In thousands)	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Balance at December 31, 2015
Assets
Deferred compensation plan	$	12,921	$	—	$	—	$	12,921
Total assets	$	12,921	$	—	$	—	$	12,921
Liabilities
Deferred compensation plan	$	22,371	$	—	$	—	$	22,371
Total liabilities	$	22,371	$	—	$	—	$	22,371

Reconciliation of changes in the fair value of financial assets and liabilities classified as level 3

The following table sets forth a reconciliation of changes in the fair value of financial assets and liabilities classified as Level 3 in the fair value hierarchy:

	Six Months Ended   June 30,
(In thousands)	2016			2015
Balance at beginning of period	$	—		$	85,958
Total gain (loss) included in earnings	(6,499		)	12,662
Settlement (gain) loss	(1,807		)	(50,622		)
Transfers in and/or out of level 3	—			—
Balance at end of period	$	(8,306	)	$	47,998
Change in unrealized gains (losses) relating to assets and liabilities still held at the end of the period	$	(8,306	)	$	(37,961	)

Carrying amounts and fair values of debt

The carrying amount and fair value of debt is as follows:

	June 30, 2016						December 31, 2015
(In thousands)	Carrying Amount			Estimated Fair Value			Carrying Amount			Estimated Fair Value
Debt, net	$	1,539,849		$	1,519,226		$	2,016,139		$	1,839,530
Current maturities	(20,000		)	(20,060		)	(20,000		)	(20,378		)
Long-term debt, excluding current maturities	$	1,519,849		$	1,499,166		$	1,996,139		$	1,819,152