XML 33 R37.htm IDEA: XBRL DOCUMENT v2.4.0.8
Fair Value Measurements (Tables)
9 Months Ended
Sep. 30, 2014
Fair Value Disclosures [Abstract]  
Summary Of Assets And Liabilities Accounted At Fair Value On A Recurring Basis
The following tables summarize, by level within the fair value hierarchy, the Company's assets and liabilities that were accounted for at fair value on a recurring basis:
 
 
September 30, 2014
 
 
Level 1
 
Level 2
 
Total
Derivative instruments
 
 
 
 
 
 
Risk management assets - Commodity forward contracts
 
$
428

 
$
23

 
$
451

Risk management liabilities - Commodity forward contracts
 
(119
)
 
(6,358
)
 
(6,477
)
Available-for-sale marketable securities
 
21,066

 

 
21,066

 
 
 
 
 
 
 
 
 
December 31, 2013
 
 
Level 1
 
Level 2
 
Total
Derivative instruments
 
 
 
 
 
 
Risk management assets - Commodity forward contracts
 
$
48

 
$
248

 
$
296

Risk management liabilities - Commodity forward contracts
 

 
(176
)
 
(176
)
Available-for-sale marketable securities
 
91,595

 
147,793

 
239,388

Summary Of Carrying And Fair Values Of Long-Term Debt
The carrying and fair values of the Company's long-term debt are summarized in the table below. The Company's long-term debt instruments are publicly-traded. A market approach, based upon quotes from financial reporting services, is used to measure the fair value of the Company's long-term debt. Because the Company's long-term debt instruments may not be actively traded, the inputs used to measure the fair value of the Company's long-term debt are classified as Level 2 inputs within the fair value hierarchy.
 
 
September 30, 2014
 
December 31, 2013
 
 
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
Fair
Value
3.60% senior notes due 2022
 
$
249,079

 
$
247,633

 
$
248,990

 
$
236,905

6 ½% senior notes due 2029
 
100,000

 
114,624

 
100,000

 
109,490

6 ¾% senior notes due 2032
 
250,000

 
275,313

 
250,000

 
265,148

6 ½% GO Zone Senior Notes Due 2035
 
89,000

 
101,855

 
89,000

 
94,606

6 ½% IKE Zone Senior Notes Due 2035
 
65,000

 
74,389

 
65,000

 
69,094

Loan related to tax-exempt waste disposal revenue
   bonds due 2027
 
10,889

 
10,889

 
10,889

 
10,889