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Fair Value of Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2017
Fair Value Disclosures [Abstract] |
Valuation of Foreign Currency Exchange Contracts by Pricing Levels | The following table summarizes the valuation of the Company’s foreign currency forward contracts (see Note 16) that are measured at fair value on a recurring basis as of December 31, 2017 and 2016 (in thousands):
| Fair Value |  | Level 1 |  | Level 2 |  | Level 3
2017 |  |  |  |  |  |  |
Foreign currency forward contracts —asset position | $ | 179 |  |  | $ | — |  |  | $ | 179 |  |  | $ | — |
Foreign currency forward contracts —liability position | (239 | ) |  | — |  |  | (239 | ) |  | — |
| $ | (60 | ) |  | $ | — |  |  | $ | (60 | ) |  | $ | — |
2016 |  |  |  |  |  |  |
Foreign currency forward contracts —asset position | $ | 3,524 |  |  | $ | — |  |  | $ | 3,524 |  |  | $ | — |
Foreign currency forward contracts —liability position | (85 | ) |  | — |  |  | (85 | ) |  | — |
| $ | 3,439 |  |  | $ | — |  |  | $ | 3,439 |  |  | $ | — |
Fair Value Relating to Financial Assets and Liabilities | The table below illustrates information about fair value relating to the Company’s financial assets and liabilities that are recognized in the accompanying consolidated balance sheets as of December 31, 2017 and 2016, as well as the fair value of contingent contracts that represent financial instruments (in thousands).
| December 31, 2017 |  | December 31, 2016
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Primary Asset-Based Revolving Credit Facility(2) | $ | 74,000 |  |  | $ | 74,000 |  |  | $ | — |  |  | $ | — |
Japan ABL Facility(2) | $ | 13,755 |  |  | $ | 13,755 |  |  | $ | 11,966 |  |  | $ | 11,966 |
Equipment Note(3) | $ | 11,815 |  |  | $ | 11,815 |  |  | $ | — |  |  | $ | — |
Standby letters of credit(4) | $ | 887 |  |  | $ | 887 |  |  | $ | 823 |  |  | $ | 823 |
Money market funds(5) | $ | — |  |  | $ | — |  |  | $ | 69,081 |  |  | $ | 69,081 |
(1) | The carrying value of amounts outstanding under the Primary Asset-Based Revolving and the Japan ABL credit facilities approximate the fair value due to the short term nature of these obligations. The fair value of this debt is categorized within Level 2 of the fair value hierarchy. See Note 4 for information on the Company's credit facilities, including certain risks and uncertainties related thereto.
(2) | In December 2017, the Company entered into the Equipment Note secured by certain equipment at the Company's golf ball manufacturing facility. As of December 31, 2017, the Company had $11,815,000 outstanding under the Equipment Note. The fair value of this debt is categorized within Level 2 of the fair value hierarchy. See Note 4 for further information.
(3) | The carrying value of the Company's standby letters of credit approximates the fair value as they represent the Company’s contingent obligation to perform in accordance with the underlying contracts. The fair value of this contingent obligation is categorized within Level 2 of the fair value hierarchy.
(4) | The carrying value of the money market funds approximates fair value as the funds are highly liquid and short-term in nature. The funds seek to maintain a stable net asset value of $1.00 per share, and the market value per share of these funds are available in active markets. As such, they are categorized within Level 1 of the fair value hierarchy. The money market funds accrued dividends, which were reinvested and reflected in the carrying value as of December 31, 2016. There were no money market funds outstanding as of December 30, 2017.

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- Definition Carrying Value and Fair Value of Financial Instruments Disclosure. + References No definition available. + Details
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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19190-110258 + Details
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