Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2014

Fair Value Disclosures [Abstract]

Assets and liabilities measured at fair value on recurring basis

The following tables present our assets and liabilities that are measured at fair value on a recurring basis and the levels of inputs used to measure fair value:

		Fair Value Measurements At December 31, 2014 Using
	Balance Sheet Location	Level 1		Level 2	Level 3	Total
		(In thousands)
Assets:
Interest rate swaps	Prepaid expenses and other current assets	$	—	477	—	477
Interest rate swaps	DFL and other assets	—		4,565	—	4,565
Investments held in Rabbi Trusts:
Cash and cash equivalents		4,418		—	—	4,418
U.S. equity mutual funds		23,589		—	—	23,589
Foreign equity mutual funds		4,724		—	—	4,724
Fixed income mutual funds		5,950		—	—	5,950
Investments held in Rabbi Trusts	DFL and other assets	38,681		—	—	38,681
Total assets at fair value		$	38,681	5,042	—	43,723
Liabilities:
Interest rate swaps	Other non-current liabilities	—		212	—	212
Total liabilities at fair value		$	—	212	—	212
		Fair Value Measurements At December 31, 2013 Using
	Balance Sheet Location	Level 1		Level 2	Level 3	Total
		(In thousands)
Assets:
Interest rate swaps	DFL and other assets	$	—	9,333	—	9,333
Investments held in Rabbi Trusts:
Cash and cash equivalents		7,101		—	—	7,101
U.S. equity mutual funds		16,479		—	—	16,479
Foreign equity mutual funds		4,323		—	—	4,323
Fixed income mutual funds		4,616		—	—	4,616
Investments held in Rabbi Trusts	DFL and other assets	32,519		—	—	32,519
Total assets at fair value		$	32,519	9,333	—	41,852
Liabilities:
Interest rate swaps	Other non-current liabilities	—		1,162	—	1,162
Total liabilities at fair value		$	—	1,162	—	1,162

Assets and liabilities measured at fair value on nonrecurring basis

The following table presents our assets that are measured at fair value on a nonrecurring basis and considered a Level 3 fair value measurement:

				Total Losses (2)
	December 31,			Year ended December 31,
	2014		2013	2014		2013
Assets held for sale:
Revenue earning equipment: (1)
Trucks	$	6,135	13,326	$	6,274	9,926
Tractors	4,054		10,339	3,450		4,824
Trailers	789		723	1,040		1,678
Total assets at fair value	$	10,978	24,388	$	10,764	16,428

______________

(1) Represents the portion of all revenue earning equipment held for sale that is recorded at fair value, less costs to sell.

(2) Total losses represent fair value adjustments for all vehicles held for sale throughout the period for which fair value less costs to sell was less than carrying value.