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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
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  
 December 31, 
 2017
Assets
 

 
 

 
 

 
 

Deferred compensation plan
$
14,966

 
$

 
$

 
$
14,966

Derivative instruments

 

 
2,239

 
2,239

Total assets
$
14,966

 
$

 
$
2,239

 
$
17,205

Liabilities
 

 
 

 
 

 
 

Deferred compensation plan
$
29,145

 
$

 
$

 
$
29,145

Derivative instruments

 

 
30,637

 
30,637

Total liabilities
$
29,145

 
$

 
$
30,637

 
$
59,782

(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, 
 2016
Assets
 

 
 

 
 

 
 

Deferred compensation plan
$
12,587

 
$

 
$

 
$
12,587

Derivative instruments

 

 
2,991

 
2,991

Total assets
$
12,587

 
$

 
$
2,991

 
$
15,578

Liabilities
 

 
 

 
 

 
 

Deferred compensation plan
$
24,169

 
$

 
$

 
$
24,169

Derivative instruments

 
21,400

 
18,859

 
40,259

Total liabilities
$
24,169

 
$
21,400

 
$
18,859

 
$
64,428

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:
 
Year Ended December 31,
(In thousands)
2017
 
2016
 
2015
Balance at beginning of period
$
(15,868
)
 
$

 
$
85,958

Total gain (loss) included in earnings

(1,866
)
 
(17,886
)
 
32,864

Settlement (gain) loss

(10,664
)
 
2,018

 
(118,822
)
Balance at end of period
$
(28,398
)
 
$
(15,868
)
 
$

 
 
 
 
 
 
Change in unrealized gains (losses) relating to assets and liabilities still held at the end of the period
$
(28,398
)
 
$
(15,868
)
 
$


Carrying amounts and fair values of long-term debt
The carrying amount and fair value of debt is as follows:
 
December 31, 2017
 
December 31, 2016
(In thousands)
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
Long-term debt
$
1,521,891

 
$
1,527,624

 
$
1,520,530

 
$
1,463,643

Current maturities
(304,000
)
 
(312,055
)
 

 

Long-term debt, excluding current maturities
$
1,217,891

 
$
1,215,569

 
$
1,520,530

 
$
1,463,643