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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
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, 
 2018
Assets
 

 
 

 
 

 
 

Deferred compensation plan
$
14,699

 
$

 
$

 
$
14,699

Derivative instruments

 
35,689

 
24,416

 
60,105

Total assets
$
14,699

 
$
35,689

 
$
24,416

 
$
74,804

Liabilities
 

 
 

 
 

 
 

Deferred compensation plan
$
25,780

 
$

 
$

 
$
25,780

Derivative instruments

 

 
2,440

 
2,440

Total liabilities
$
25,780

 
$

 
$
2,440

 
$
28,220

(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

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)
2018
 
2017
 
2016
Balance at beginning of period
$
(28,398
)
 
$
(15,868
)
 
$

Total gain (loss) included in earnings

31,184

 
(1,866
)
 
(17,886
)
Settlement (gain) loss

19,190

 
(10,664
)
 
2,018

Transfers in and/or out of Level 3

 

 

Balance at end of period
$
21,976

 
$
(28,398
)
 
$
(15,868
)
 
 
 
 
 
 
Change in unrealized gains (losses) relating to assets and liabilities still held at the end of the period
$
19,732

 
$
(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, 2018
 
December 31, 2017
(In thousands)
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
Long-term debt
$
1,226,104

 
$
1,202,994

 
$
1,521,891

 
$
1,527,624

Current maturities

 

 
(304,000
)
 
(312,055
)
Long-term debt, excluding current maturities
$
1,226,104

 
$
1,202,994

 
$
1,217,891

 
$
1,215,569