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Financial Instruments and Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Schedule of Fair Value Measurement Information about Long-term Debt

The following table summarizes the fair value measurement information about our long-term debt:

 

 

 

December 31, 2018

 

 

Carrying

 

 

Fair

 

 

Fair Value

(In thousands)

 

Amount

 

 

Value

 

 

Hierarchy

Term loans

 

$

992,000

 

 

$

952,300

 

 

Level 2

Capital lease obligations

 

 

7,127

 

 

 

7,127

 

 

Level 3

Notes payable

 

 

1,111

 

 

 

1,111

 

 

Level 3

Total debt

 

$

1,000,238

 

 

$

960,538

 

 

 

 

 

 

December 31, 2017

 

 

Carrying

 

 

Fair

 

 

Fair Value

(In thousands)

 

Amount

 

 

Value

 

 

Hierarchy

Term loans

 

$

1,000,000

 

 

$

1,000,000

 

 

Level 2

Capital lease obligations

 

 

5,839

 

 

 

5,839

 

 

Level 3

Notes payable

 

 

1,159

 

 

 

1,159

 

 

Level 3

Total debt

 

$

1,006,998

 

 

$

1,006,998