Derivatives and Hedging (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments by Contract Type and Location of Asset and/or Liability on Consolidated Condensed Balance Sheets

The following table summarizes the fair value of the Company's derivative instruments as well as the location of the asset and/or liability on the consolidated condensed balance sheets at March 31, 2019 and December 31, 2018 (in thousands):



	Asset Derivatives
	March 31, 2019			December 31, 2018
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Other current assets	$	1,032	Other current assets	$	54
Cross-currency debt swap agreements	Other current assets	4,733		Other current assets	—
Interest rate hedge agreements	Other current assets	44		Other current assets	—
Total		$	5,809		$	54

Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Other current assets	$	3,735	Other current assets	$	4,485



	Liability Derivatives
	March 31, 2019			December 31, 2018
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	220	Accounts payable and accrued expenses	$	39

Cross-currency debt swap agreements	Accounts payable and accrued expenses	1,167		Accounts payable and accrued expenses	—
	Other long-term liabilities	2,026		Other long-term liabilities	—

Interest rate hedge agreements	Accounts payable and accrued expenses	311		Accounts payable and accrued expenses	—
	Other long-term liabilities	3,621		Other long-term liabilities	—
Total		$	7,345		$	39

Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	281	Accounts payable and accrued expenses	$	197

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following tables summarize the net effect of all cash flow hedges on the consolidated condensed financial statements for the three months ended March 31, 2019 (in thousands):



	Gain/(Loss) Recognized in Other Comprehensive Income (Effective Portion)
	Three Months Ended March 31,
Derivatives designated as cash flow hedging instruments	2019			2018
Foreign currency forward contracts	$	546		$	(1,601	)
Cross-currency debt swap agreements	4,071			—
Interest rate hedge agreements	(3,941		)	—
	$	676		$	(1,601	)



	Gain/(Loss) Reclassified from Other Comprehensive Income into Earnings (Effective Portion)
	Three Months Ended March 31,
Derivatives designated as cash flow hedging instruments	2019			2018
Foreign currency forward contracts	$	146		$	(45	)
Cross-currency debt swap agreements	3,714			—
Interest rate hedge agreements	(10		)	—
	$	3,850		$	(45	)

Location of Gains in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type

The following table summarizes the location of net gains and losses in the consolidated condensed statements of operations that were recognized during three months ended March 31, 2019 and 2018, respectively, in addition to the derivative contract type (in thousands):



	Location of Net Gain/(Loss) Recognized in Income on Derivative Instruments	Amount of Net Gain/(Loss) Recognized in Income on Derivative Instruments
Derivatives not designated as hedging instruments		Three Months Ended March 31,
Derivatives not designated as hedging instruments		2019		2018
Foreign currency forward contracts	Other expense, net	$	750	$	(6,469	)