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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Recurring fair value measurements
Recurring fair value measurements consist of the following:
 
March 31,
2019
 
December 31,
2018
 
(In thousands)
Cash equivalent money market funds (Level 1)
$
463,245

 
$
74,407

Restricted cash money market funds (Level 1)
2,589

 
2,589


Fair value of financial instruments that are not recorded at fair value on recurring basis
The following table presents the fair value of financial instruments that are not recorded at fair value on a recurring basis:
 
March 31, 2019
 
December 31, 2018
 
Fair
Value
 
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
(In thousands)
Senior notes (Level 1)
$
1,067,500

 
$
1,043,595

 
$
526,131

 
$
524,978

Revolving credit facilities and term loans (Level 2)
815,432

 
810,369

 
803,867

 
807,333

Total debt
$
1,882,932

 
$
1,853,964

 
$
1,329,998

 
$
1,332,311