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FAIR VALUE MEASUREMENT AND FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Liabilities Carried at Fair Value Measured on Recurring Basis
The following table provides the liabilities carried at fair value measured on a recurring basis as of December 31, 2016, which are included in other current liabilities on the Consolidated Balance sheet: 
 
 
 
 
Fair Value Measurements at December 31, 2016 Using
 
 
Total Carrying
Value at
December 31,
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Significant
Unobservable
Inputs
In thousands
 
2016
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap agreements
 
3,888

 

 
3,888

 

Total
 
$
3,888

 
$

 
$
3,888

 
$

The following table provides the liabilities carried at fair value measured on a recurring basis as of December 31, 2015, which are included in other current liabilities on the Consolidated Balance sheet: 
 
 
 
 
Fair Value Measurements at December 31, 2015 Using
 
 
Total Carrying
Value at
December 31,
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Significant
Unobservable
Inputs
In thousands
 
2015
 
(Level 1)
 
(Level 2)
 
(Level 3)
Interest rate swap agreements
 
4,474

 

 
4,474

 

Total
 
$
4,474

 
$

 
$
4,474

 
$

Estimated Fair Values and Related Carrying Values of Financial Instruments
The estimated fair values and related carrying values of the Company’s financial instruments are as follows:
 
 
December 31, 2016
 
December 31, 2015
 
 
Carry
 
Fair
 
Carry
 
Fair
In thousands
 
Value
 
Value
 
Value
 
Value
Interest rate swap agreements
 
$
3,888

 
$
3,888

 
$
4,474

 
$
4,474

4.375% Senior Notes
 
248,310

 
260,265

 
248,053

 
254,075

3.45% Senior Notes
 
747,474

 
719,273