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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value Disclosures [Abstract]  
Valuation of money market funds and restricted cash using quoted market prices in active markets for identical assets
Recurring fair value measurements consist of the following:
 
June 30,
2017
 
December 31,
2016
 
(In thousands)
Cash equivalent money market funds (Level 1)
$
245,933

 
$
39,548

Restricted cash money market funds (Level 1)
2,000

 
2,000


Financial instruments that are not recorded at fair value
The following table presents the fair value of financial instruments that are not recorded at fair value on a recurring basis:
 
June 30, 2017
 
December 31, 2016
 
Fair
Value
 
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
(In thousands)
Senior notes (Level 1)
$
947,393

 
$
922,517

 
$
954,765

 
$
922,140

Revolving credit facilities and term loans (Level 2)
646,171

 
645,723

 
551,793

 
552,690

Total debt
$
1,593,564

 
$
1,568,240

 
$
1,506,558

 
$
1,474,830