Annual report pursuant to Section 13 and 15(d)

Fair Value Measurements (Tables)

v3.7.0.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2016
Fair Value Disclosures [Abstract]  
Measurement of Assets and Liabilities at Fair Value on Recurring Basis
The following tables set forth the Company's financial assets and liabilities that were measured at fair value on a recurring basis during the period, by level, within the fair value hierarchy:
 
As of December 31, 2016
 
Level 1
 
Level 2
 
Level 3
 
Total
Trading securities
$
1,787

 
$

 
$

 
$
1,787

Interest rate swaps

 
(1,858
)
 

 
(1,858
)
Foreign exchange forward contracts

 
616

 

 
616

 
 
 
 
 
 
 
 
 
As of December 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Trading securities
$
2,021

 
$

 
$

 
$
2,021

Interest rate swaps

 
(2,564
)
 

 
(2,564
)
Foreign exchange forward contracts

 
1,695

 

 
1,695

Fair Value of Company's Fixed Rate Senior Notes and Junior Subordinated Debentures
 
December 31, 2016
 
December 31, 2015
 
Carrying
Amount
 
Estimated
Fair Value
 
Carrying
Amount
 
Estimated
Fair Value
6.375% Senior Notes
$
323,888

 
$
304,013

 
$
322,777

 
$
271,425

Junior Subordinated Debentures
128,640

 
139,831

 
129,707

 
131,691