Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

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    March 31, 2019
Assets
Deferred compensation plan	$	16,818	$	—	$	—	$	16,818
Derivative instruments	—		9,616		9,208		18,824
Total assets	$	16,818	$	9,616	$	9,208	$	35,642
Liabilities
Deferred compensation plan	$	29,758	$	—	$	—	$	29,758
Derivative instruments	—		1,291		4,592		5,883
Total liabilities	$	29,758	$	1,291	$	4,592	$	35,641

(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

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:

	Three Months Ended   March 31,
(In thousands)	2019			2018
Balance at beginning of period	$	21,976		$	(28,398	)
Total gain (loss) included in earnings	4,716			6,628
Settlement (gain) loss	(22,076		)	21,755
Balance at end of period	$	4,616		$	(15	)
Change in unrealized gains (losses) relating to assets and liabilities still held at the end of the period	$	(1,067	)	$	2,217

Carrying amounts and fair values of debt

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

	March 31, 2019				December 31, 2018
(In thousands)	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
Long-term debt	$	1,219,338	$	1,216,612	$	1,226,104	$	1,202,994