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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Summary Of Financial Assets And Liabilities Accounted For At Fair Value
The table below sets forth, by level, the Company’s financial assets and liabilities that are recorded at fair value in the accompanying consolidated balance sheet: 
 
 
Fair Value at
 
December 31, 2018
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(In thousands)
Assets:
 
 

 
 

 
 

 
 

Investments in marketable securities
 
$
162,797

 
$
99,888

 
$
62,909

 
$

Derivatives
 
3,554

 

 
3,022

 
532

Total assets
 
$
166,351

 
$
99,888

 
$
65,931

 
$
532

Liabilities:
 
 

 
 

 
 

 
 

Derivatives
 
$
13,288

 
$
13,252

 
$
36

 
$


 
 
 
Fair Value at
 
December 31, 2017
 
 
Total
 
Level 1
 
Level 2
 
Level 3
 
 
(In thousands)
Assets:
 
 

 
 

 
 

 
 

Investments in marketable securities
 
$
155,846

 
$
64,100

 
$
91,746

 
$

Derivatives
 
7,339

 

 
1,985

 
5,354

Total assets
 
$
163,185

 
$
64,100

 
$
93,731

 
$
5,354

Liabilities:
 
 

 
 

 
 

 
 

Derivatives
 
$
7,217

 
$
7,263

 
$
26

 
$
(72
)
Summary Of Change In The Fair Values Of Financial Instruments Categorized As Level 3
The following table summarizes the change in the fair values of financial instruments categorized as level 3.
 
 
 
Year Ended December 31, 2018
 
Year Ended December 31, 2017
(In thousands)
 
 
 
 
 
Balance, beginning of period
 
 
$
5,426

 
$
4,537

Realized and unrealized (gains) losses recognized in earnings, net
 
 
(302
)
 
(2,305
)
Purchases
 
 
3,420

 
4,910

Issuances
 
 
(724
)
 
(535
)
Settlements
 
 
(7,288
)
 
(1,181
)
Ending balance
 
 
$
532

 
$
5,426