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Fair Value Measurement and Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2017
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 September 30, 2017, which are included in other current liabilities on the Condensed Consolidated Balance sheet:
 
 
 
Fair Value Measurements at September 30, 2017 Using
In thousands
Total Carrying
Value at
September 30,
2017
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Interest rate swap agreements
$
1,952

 
$

 
$
1,952

 
$

Total
$
1,952

 
$

 
$
1,952

 
$

The following table provides the liabilities carried at fair value measured on a recurring basis as of December 31, 2016, which is included in other current liabilities on the Condensed Consolidated Balance sheet:
 
 
 
Fair Value Measurements at December 31, 2016 Using
In thousands
Total Carrying
Value at
December 31,
2016
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Interest rate swap agreements
$
3,888

 
$

 
$
3,888

 
$

Total
$
3,888

 
$

 
$
3,888

 
$

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:
 
September 30, 2017
 
December 31, 2016
In thousands
Carry
Value
 
Fair
Value
 
Carry
Value
 
Fair
Value
Interest rate swap agreement
$
1,952

 
$
1,952

 
$
3,888

 
$
3,888

4.375% Senior Notes
248,502

 
264,000

 
248,310

 
260,265

3.45% Senior Notes
747,590

 
739,050

 
747,474

 
719,273