XML 57 R45.htm IDEA: XBRL DOCUMENT v3.4.0.3
Fair Value Measurements (Details) - Fair Value, Measurements, Recurring [Member]
$ in Thousands
Mar. 31, 2016
USD ($)
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]  
Assets:  
Deferred compensation plan asset $ 2,673 [1]
Liabilities:  
Deferred compensation plan liability 35,116 [2]
Total liabilities 35,116
Significant Other Observable Inputs (Level 2) [Member]  
Assets:  
Deferred compensation plan asset 21,276 [1]
Liabilities:  
Interest rate lock liability 23,757 [3]
Total liabilities 23,757
Fair Value Measurements (Textual) [Abstract]  
Cost basis of the investment funds 24,803
Estimate of Fair Value Measurement [Member]  
Assets:  
Deferred compensation plan asset 23,949 [1]
Liabilities:  
Interest rate lock liability 23,757 [3]
Deferred compensation plan liability 35,116 [2]
Total liabilities $ 58,873
[1] The deferred compensation plan asset consists of the investment funds maintained for the future payments under the Company’s executive deferred compensation plan, which is structured as a rabbi trust. The investments are marketable securities accounted for under the Debt and Equity Securities Topic of the ASC. The level 1 investments are valued using quoted market prices multiplied by the number of shares. The level 2 investments are valued based on vendor or broker models. The cost basis of the investment funds is $24,803.
[2] The deferred compensation plan liability is the Company’s liability under its executive deferred compensation plan. The liability represents the fair value of the participant shadow accounts, and the value is based on quoted market prices.
[3] The interest rate lock liability is measured at the present value of the expected future cash flows using market-based observable inputs.