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Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The Company had the following outstanding forward contracts (in thousands):

	December 31, 2017						December 31, 2016
Currency	Notional Value		USD Equivalent				Notional Value		USD Equivalent
Derivatives Designated as Hedging Instruments:
Japanese Yen	—		$	—			342,500		$	2,960
Hungarian Forint	—		—				39,000		130
Singapore Dollar	—		—				150		97
Derivatives Not Designated as Hedging Instruments:
Japanese Yen	455,000		$	4,049			650,000		$	5,554
British Pound	1,650		2,232				1,350		1,658
Korean Won	1,825,000		1,708				1,750,000		1,450
Hungarian Forint	545,000		2,110				425,000		1,448
Singapore Dollar	—		—				1,350		929
Taiwanese Dollar	37,725		1,278				26,000		802
Swiss Franc	1,365		1,401				—		—

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

Information regarding the fair value of the outstanding forward contracts was as follows (in thousands):

	Asset Derivatives										Liability Derivatives
	Balance Sheet Location		Fair Value								Balance Sheet Location		Fair Value
			December 31, 2017				December 31, 2016						December 31, 2017				December 31, 2016
Derivatives Designated as Hedging Instruments:
Cash flow hedge forward contracts	Prepaid expenses and other current assets		$	—			$	43			Accrued expenses		$	—			$	—
Derivatives Not Designated as Hedging Instruments:
Economic hedge forward contracts	Prepaid expenses and other current assets		$	16			$	1			Accrued expenses		$	13			$	11

Offsetting Assets

The following table summarizes the gross activity for all derivative assets and liabilities which were presented on a net basis on the Consolidated Balance Sheets due to the right of offset with each counterparty (in thousands):

Asset Derivatives										Liability Derivatives
		December 31, 2017				December 31, 2016						December 31, 2017				December 31, 2016
Gross amounts of recognized assets		$	16			$	117			Gross amounts of recognized liabilities		$	13			$	11
Gross amounts offset		—				(73		)		Gross amounts offset		—				—
Net amount of assets presented		$	16			$	44			Net amount of liabilities presented		$	13			$	11

Derivative Instruments, Gain (Loss)

Information regarding the effect of derivative instruments, net of the underlying exposure, on the consolidated financial statements was as follows (in thousands):

	Location in Financial Statements		Year Ended December 31,
			2017				2016				2015
Derivatives Designated as Hedging Instruments:
Gains (losses) recorded in shareholders' equity (effective portion)	Accumulated other comprehensive income (loss), net of tax		$	—			$	37			$	206
Gains (losses) reclassified from accumulated other comprehensive income (loss) into current operations (effective portion)	Revenue		$	30			$	(438	)		$	(387	)
	Research, development, and engineering expenses		3				13				14
	Selling, general, and administrative expenses		8				27				172
	Total gains (losses) reclassified from accumulated other comprehensive income (loss) into current operations		$	41			$	(398	)		$	(201	)
Gains (losses) recognized in current operations (ineffective portion and discontinued derivatives)	Foreign currency gain (loss)		$	—			$	—			$	—
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operations	Foreign currency gain (loss)		$	270			$	(515	)		$	(13	)

Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated other comprehensive income (loss), net of tax, related to derivative instruments (in thousands):

Balance as of December 31, 2015	$	206
Net unrealized loss on cash flow hedges	(567		)
Reclassification of net realized loss on cash flow hedges into current operations	398
Balance as of December 31, 2016	37
Net unrealized gain on cash flow hedges	4
Reclassification of net realized gain on cash flow hedges into current operations	(41		)
Balance as of December 31, 2017	$	—

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Tabular disclosure of derivative and other financial assets that are subject to offsetting, including master netting arrangements.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51824906&loc=SL20225862-175312

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Subparagraph (b)
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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Section 50
-Paragraph 4A
-Subparagraph (b)
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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

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Tabular disclosure of the notional amounts of outstanding derivative positions.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
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