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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Summary of Primary Net Hedging Positions and Corresponding Fair Values | The following tables provide a summary of the primary net hedging positions and corresponding fair values held as of December 31, 2019 and December 31, 2018 :
|  | December 31, 2019 |
Currency Hedged (Buy/Sell) |  | Gross Notional Value |  |  | Fair Value (1) |
U.S. Dollar/Japanese Yen |  | $ | 45,899 |  |  | $ | 43 |
U.S. Dollar/South Korean Won |  |  | 51,733 |  |  |  | 167 |
U.S. Dollar/Euro |  |  | 15,670 |  |  |  | 221 |
U.S. Dollar/U.K. Pound Sterling |  |  | 8,279 |  |  |  | (166 | )
U.S. Dollar/Taiwan Dollar |  |  | 33,093 |  |  |  | (450 | )
Total |  | $ | 154,674 |  |  | $ | (185 | )
|  | December 31, 2018 |
Currency Hedged (Buy/Sell) |  | Gross Notional Value |  |  | Fair Value (1) |
U.S. Dollar/Japanese Yen |  | $ | 43,770 |  |  | $ | (478 | )
U.S. Dollar/South Korean Won |  |  | 59,149 |  |  |  | 570 |
U.S. Dollar/Euro |  |  | 23,515 |  |  |  | 688 |
U.S. Dollar/U.K. Pound Sterling |  |  | 11,827 |  |  |  | 323 |
U.S. Dollar/Taiwan Dollar |  |  | 21,133 |  |  |  | 214 |
Total |  | $ | 159,394 |  |  | $ | 1,317 |
(1) | Represents the (payable) receivable amount included in the consolidated balance sheet.
Summary of Fair Value Amounts of Company's Derivative Instruments | The following table provides a summary of the fair value amounts of the Company’s derivative instruments:
|  | Years Ended December 31, |
Derivatives Designated as Hedging Instruments |  | 2019 |  |  | 2018 |
Derivative asset: |  |  |  |  |  |  |  |
Forward exchange contracts(1) |  | $ | 1,074 |  |  | $ | 2,485 |
Foreign currency interest rate hedge(2) |  |  | 843 |  |  |  | 6,083 |
Derivative liability: |  |  |  |  |  |  |  |
Forward exchange contracts(1) |  |  | (1,259 | ) |  |  | (1,168 | )
Foreign currency interest rate hedge(2) |  |  | (6,510 | ) |  |  | — |
Total net derivative (liability) asset designated as hedging instruments |  | $ | (5,852 | ) |  | $ | 7,400 |
(1) | The derivative asset of $1,074 and derivative liability of $1,259 related to the forward foreign exchange contracts are classified in other current assets and other current liabilities in the consolidated balance sheet as of December 31, 2019. The derivative asset of $2,485 and derivative liability of $1,168 related to the forward foreign exchange contracts are classified in other current assets and other current liabilities in the consolidated balance sheet as of December 31, 2018. These forward foreign exchange contracts are subject to a master netting agreement with one financial institution. However, the Company has elected to record these contracts on a gross basis in the balance sheet.
(2) | The foreign currency interest rate hedge asset of $843 is classified in other current assets in the consolidated balance sheet as of December 31, 2019. The foreign currency interest rate hedge liability of $6,510 is classified in other non-current liabilities in the consolidated balance sheet as of December 31, 2019. The foreign currency rate hedge asset of $6,083 is classified in other assets in the consolidated balance sheet as of December 31, 2018.
Summary of Gains (Losses) on Derivatives Designated as Cash Flow Hedging Instruments |
Derivatives Designated as Cash Flow Hedging Instruments |  | Years Ended December 31, |
2019 |  |  | 2018 |  |  | 2017 |
Forward exchange contracts: |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) gain recognized in OCI, net of tax(1) |  | $ | (10,013 | ) |  | $ | 4,942 |  |  | $ | (4,568 | )
Net gain (loss) reclassified from OCI into income(2) |  | $ | 5,658 |  |  | $ | (3,367 | ) |  | $ | (2,685 | )
(1) | Net change in the fair value of the effective portion classified in OCI.
(2) | Effective portion classified in cost of products.
Summary of Losses on Derivatives Not Designated as Cash Flow Hedging Instruments | The following table provides a summary of losses on derivatives not designated as cash flow hedging instruments:
|  | Years Ended December 31, |
Derivatives Not Designated as Hedging Instruments |  | 2019 |  |  | 2018 |  |  | 2017 |
Forward exchange contracts: |  |  |  |  |  |  |  |  |  |  |  |
Net (loss) gain recognized in income(1) |  | $ | (1,314 | ) |  | $ | 105 |  |  | $ | (3,416 | )
(1) | The Company enters into forward foreign exchange contracts to hedge against changes in the balance sheet for certain subsidiaries to mitigate the risk associated with certain foreign currency transactions in the ordinary course of business. These derivatives are not designated as cash flow hedging instruments and gains or losses from these derivatives are recorded immediately in other expense, net in 2019, 2018 and 2017.

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