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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Measurements  
Schedule of estimated fair values of financial instruments

 

 

The carrying amounts and estimated fair values by input level of the Company’s financial instruments at March 31, 2015 and December 31, 2014 are as follows (in thousands):

 

 

March 31, 2015

 

 

 

Carrying
Amount

 

Fair Value

 

Level 1

 

Level 2

 

Level 3

 

Financial assets:

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

237,729 

 

$

237,729 

 

$

237,729 

 

$

 

$

 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

Senior secured credit facility

 

810,153 

 

825,313 

 

710,313 

 

115,000 

 

 

Senior unsecured notes

 

295,770 

 

299,250 

 

299,250 

 

 

 

Other long-term obligations

 

150,300 

 

150,049 

 

 

150,049 

 

 

Other liabilities

 

19,540 

 

19,540 

 

 

 

 

 

19,540 

 

 

 

 

December 31, 2014

 

 

 

Carrying
Amount

 

Fair Value

 

Level 1

 

Level 2

 

Level 3

 

Financial assets:

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

208,673 

 

$

208,673 

 

$

208,673 

 

$

 

$

 

Financial liabilities:

 

 

 

 

 

 

 

 

 

 

 

Long-term debt

 

 

 

 

 

 

 

 

 

 

 

Senior secured credit facility

 

785,683 

 

799,556 

 

714,556 

 

85,000 

 

 

Senior unsecured notes

 

295,610 

 

276,000 

 

276,000 

 

 

 

Other long-term obligations

 

135,000 

 

135,000 

 

 

135,000 

 

 

Other liabilities

 

19,189 

 

19,189 

 

 

 

19,189