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Derivatives (Tables) | 12 Months Ended
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Dec. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions | As of December 31, 2019, we had entered into foreign currency forward contracts, which qualified as cash flow hedges, with the following notional amounts (in thousands and in local currencies): ​
​ | ​ | ​ | ​ | ​
Currency |  | Symbol |  | Forward Notional Amount
Australian Dollar |  | AUD |  | 8,540
Brazilian Real | ​ | BRL | ​ | 10,315
Canadian Dollar |  | CAD |  | 8,025
Swiss Franc |  | CHF |  | 3,660
Chinese Renminbi |  | CNY |  | 591,000
Danish Krone |  | DKK |  | 33,575
Euro |  | EUR |  | 37,750
British Pound |  | GBP |  | 8,380
Japanese Yen |  | JPY |  | 1,145,000
Korean Won |  | KRW |  | 8,950,000
Mexican Peso |  | MXN |  | 527,000
Norwegian Krone | ​ | NOK | ​ | 15,475
Swedish Krona |  | SEK |  | 54,170
As of December 31, 2019, we had entered into foreign currency forward contracts related to those balance sheet accounts with the following notional amounts (in thousands and in local currencies): ​
​ | ​ | ​ | ​ | ​
Currency |  | Symbol |  | Forward Notional Amount
Australian Dollar |  | AUD |  | 14,282
Brazilian Real |  | BRL |  | 19,500
Canadian Dollar |  | CAD |  | 1,706
Swiss Franc |  | CHF |  | 306
Chinese Renminbi |  | CNY |  | 52,598
Danish Krone |  | DKK |  | 5,987
Euro |  | EUR |  | 752
British Pound |  | GBP |  | 7,594
Hong Kong Dollar |  | HKD |  | 11,000
Japanese Yen |  | JPY |  | 1,530,000
Korean Won |  | KRW |  | 4,868,000
Mexican Peso |  | MXN |  | 35,000
Norwegian Krone | ​ | NOK | ​ | 3,767
New Zealand Dollar | ​ | NZD | ​ | 1,542
Swedish Krona |  | SEK |  | 13,577
Singapore Dollar | ​ | SGD | ​ | 1,790
South African Rand |  | ZAR |  | 50,843
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value | The fair value of derivative instruments on a gross basis is as follows (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Fair Value
​ |  | Balance Sheet Location |  | December 31, 2019 |  | December 31, 2018
Derivative instruments designated as hedging instruments |  |  |  | ​ |  |  | ​ |
Assets |  |  |  | ​ |  |  | ​ |
Interest rate swaps |  | Other assets (long-term) | ​ | $ | 1,192 | ​ | $ | 5,772
Foreign currency forward contracts |  | Prepaid expenses and other assets | ​ |  | 1,663 | ​ |  | 613
Foreign currency forward contracts |  | Other assets (long-term) | ​ |  | 466 | ​ |  | 151
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Liabilities) |  |  | ​ |  |  | ​ |  |
Interest rate swaps | ​ | Other long-term obligations | ​ | ​ | (290) | ​ | ​ | —
Foreign currency forward contracts |  | Accrued expenses | ​ |  | (1,813) | ​ |  | (711)
Foreign currency forward contracts |  | Other long-term obligations | ​ |  | (764) | ​ |  | (101)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Derivative instruments not designated as hedging instruments |  |  | ​ |  |  | ​ |  |
Assets |  |  | ​ |  |  | ​ |  |
Foreign currency forward contracts |  | Prepaid expenses and other assets | ​ | $ | 318 | ​ | $ | 814
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(Liabilities) |  |  | ​ |  |  | ​ |  |
Foreign currency forward contracts |  | Accrued expenses | ​ |  | (1,678) | ​ |  | (796)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss) | Derivative instruments designated as cash flow hedges had the following effects, before income taxes, on other comprehensive income ("OCI"), accumulated other comprehensive income ("AOCI") and net earnings in our consolidated statements of income, consolidated statements of comprehensive income and consolidated balance sheets (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Amount of Gain/(Loss) | ​ | ​ | Amount of Gain/(Loss)
​ | ​ | recognized in OCI | ​ | ​ | reclassified from AOCI
​ | ​ | Year Ended December 31, | ​ | ​ | Year ended December 31,
​ |  | 2019 |  | 2018 |  | 2017 |  | ​ | 2019 |  | 2018 |  | 2017
Derivative instrument |  | ​ |  |  | ​ |  |  | ​ |  |  | Location in statements of income | ​ |  |  | ​ |  |  | ​ |
Interest rate swaps | ​ | $ | (2,830) | ​ | $ | 1,559 | ​ | $ | 853 |  | Interest expense | $ | 2,040 |  | $ | 1,537 |  | $ | 95
Foreign currency forward contracts | ​ |  | (587) | ​ |  | 539 | ​ |  | 491 |  | Revenue |  | 577 |  | ​ | 136 |  | ​ | (277)
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ |  | Cost of sales |  | (578) |  | ​ | 361 |  | ​ | 625
Derivative Instruments, Gain (Loss) | The following gains/(losses) from these derivative instruments were recognized in our consolidated statements of income for the years presented (in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Year ended December 31,
Derivative Instrument |  | Location in statements of income |  | 2019 |  | 2018 |  | 2017
Foreign currency forward contracts |  | Other income (expense) | ​ | $ | (307) | ​ | $ | 4,147 | ​ | $ | (4,746)

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