| Assets And Liabilities Measured At Fair Value |
The following table presents the Company’s assets that are measured at fair value and the related hierarchy levels for 2014: | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at Reporting Date Using | | December 31, 2014 | | Quoted Prices in Active Markets for Identical Assets (Level 1) | | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | Assets: | | | | | | | | Mortgage-backed securities | $ | 810 |
| | $ | — |
| | $ | 810 |
| | $ | — |
| Asset-backed securities | 1,165 |
| | — |
| | 1,165 |
| | — |
| Municipal bonds | 554 |
| | — |
| | 554 |
| | — |
| Equity securities | 16,411 |
| | 16,411 |
| | — |
| | — |
| Total available-for-sale securities | $ | 18,940 |
| | $ | 16,411 |
| | $ | 2,529 |
| | $ | — |
| Executive deferred compensation plan trust (a) | $ | 5,927 |
| | $ | 5,927 |
| | $ | — |
| | $ | — |
| Fuel price derivatives – unleaded fuel (b) | $ | 29,120 |
| | $ | — |
| | $ | 29,120 |
| | $ | — |
| Fuel price derivatives – diesel (b) | 11,849 |
| | — |
| | — |
| | 11,849 |
| Total fuel price derivatives | $ | 40,969 |
| | $ | — |
| | $ | 29,120 |
| | $ | 11,849 |
|
| | (a) | The fair value of these instruments is recorded in other assets. |
| | (b) | The consolidated balance sheet presentation combines unleaded fuel and diesel fuel positions. |
The following table presents the Company’s assets and liabilities that are measured at fair value and the related hierarchy levels for 2013: | | | | | | | | | | | | | | | | | | | | Fair Value Measurements at Reporting Date Using | | December 31, 2013 | | Quoted Prices
in Active
Markets for
Identical Assets
(Level 1) | | Significant Other Observable Inputs (Level 2) | | Significant Unobservable Inputs (Level 3) | Assets: | | | | | | | | Mortgage-backed securities | $ | 839 |
| | $ | — |
| | $ | 839 |
| | $ | — |
| Asset-backed securities | 1,391 |
| | — |
| | 1,391 |
| | — |
| Municipal bonds | 519 |
| | — |
| | 519 |
| | — |
| Equity securities | 13,214 |
| | 13,214 |
| | — |
| | — |
| Total available-for-sale securities | $ | 15,963 |
| | $ | 13,214 |
| | $ | 2,749 |
| | $ | — |
| Executive deferred compensation plan trust (a) | $ | 4,339 |
| | $ | 4,339 |
| | $ | — |
| | $ | — |
| Liabilities: | | | | | | | | Fuel price derivatives – unleaded fuel (b) | $ | 5,216 |
| | $ | — |
| | $ | 5,216 |
| | $ | — |
| Fuel price derivatives – diesel (b) | 2,142 |
| | — |
| | — |
| | 2,142 |
| Total fuel price derivatives | $ | 7,358 |
| | $ | — |
| | $ | 5,216 |
| | $ | 2,142 |
|
| | (a) | The fair value of these instruments is recorded in other assets. |
| | (b) | The consolidated balance sheet presentation combines unleaded fuel and diesel fuel positions. |
|
| Reconciliation Of Beginning And Ending Balances For Assets And Liabilities Measured At Fair Value On Recurring Basis Using Significant Unobservable Inputs |
The following table presents a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2014: | | | | | | Fuel Price Derivatives – Diesel | Beginning balance | $ | (2,142 | ) | Total gains or (losses) – realized/unrealized | | Included in earnings (a) | 13,990 |
| Included in other comprehensive income | — |
| Purchases, issuances and settlements | — |
| Transfers (in)/out of Level 3 | — |
| Ending balance | $ | 11,848 |
|
| | (a) | Gains and losses (realized and unrealized) included in earnings for the year ended December 31, 2014, are reported in net realized and unrealized gains and (losses) on fuel price derivatives on the consolidated statements of income. |
The following table presents a reconciliation of the beginning and ending balances for assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) during the year ended December 31, 2013: | | | | | | | | | | Contingent Consideration | | Fuel Price Derivatives – Diesel | Beginning balance | $ | (313 | ) | | $ | (107 | ) | Total gains or (losses) – realized/unrealized | | | | Included in earnings (a) | (198 | ) | | (2,035 | ) | Included in other comprehensive income | — |
| | — |
| Purchases, issuances and settlements | — |
| | — |
| Transfers in/(out) of Level 3 | 511 |
| | — |
| Ending balance | $ | — |
| | $ | (2,142 | ) |
| | (a) | Gains and losses (realized and unrealized) included in earnings for the year ended December 31, 2013, are reported in net realized and unrealized gains and (losses) on fuel price derivatives on the consolidated statements of income. Gains and losses on the change of estimate on the contingent consideration are included in other expenses and loss of foreign currency transactions on the consolidated statements of income. |
|