Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Fair Value of Company's Derivative Financial Instruments Classification on Unaudited Condensed Consolidated Balance Sheets

Tabular Disclosure of Fair Values of Derivative Instruments on the Balance Sheet

The table below presents the fair value of the Company’s derivative financial instruments as well as their classification on the unaudited condensed consolidated balance sheets as of September 30, 2019 and December 31, 2018:

	Liability Derivatives			Asset Derivatives
	As of September 30, 2019			As of December 31, 2018
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as hedging instruments:	(In thousands)
Interest rate swap agreements	Other liabilities	$	3,109	Other assets	$	3,109

Schedule of Pre-tax Effect of Derivative Financial Instruments on Unaudited Condensed Consolidated Statements of Comprehensive Income

Tabular Disclosure of the Effect of Derivative Instruments on the Statements of Comprehensive Income

The table below presents the pretax effect of the Company’s derivative financial instruments on the unaudited condensed consolidated statements of comprehensive income for the three and nine months ended September 30, 2019 and 2018:

	Three Months Ended September 30,					Nine Months Ended September 30,
	2019		2018			2019			2018
Derivatives in Cash Flow Hedging Relationships:	(In thousands)
Gain (loss) recognized in accumulated other comprehensive (loss) income	$	187	$	1,875		$	(5,338	)	$	17,768
Gain (loss) reclassified from accumulated other comprehensive (loss) income to interest expense	$	324	$	(301	)	$	(880	)	$	(2,535	)

Schedule of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax

Changes in Accumulated Other Comprehensive (Loss) Income

The following table reflects the changes in accumulated other comprehensive (loss) income, net of tax for the nine months ended September 30, 2019:

	Losses on Cash Flow Hedges
Accumulated other comprehensive (loss) income:	(In thousands)
Accumulated other comprehensive income at December 31, 2018				$	2,284
Other comprehensive loss before reclassifications		(3,911	)
Amounts reclassified from accumulated other comprehensive (loss) income to interest expense		(645	)
Unrealized loss on derivatives, net of tax					(4,556	)
Accumulated other comprehensive loss at September 30, 2019				$	(2,272	)