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Financial Instruments and Fair Value Measurements (Tables) | 12 Months Ended
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Dec. 31, 2020
Financial Instruments and Fair Value Measurements [Abstract] |
Notional Amounts and Fair Values of Derivative Instruments in the Consolidated Balance | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Prepaid expenses | ​ | Accrued expenses and
​ | ​ | Notional amounts (A) | ​ | and other current assets | ​ | other current liabilities
December 31 |  | 2020 |  | 2019 |  | 2020 |  | 2019 |  | 2020 |  | 2019
Derivatives designated as hedging instruments: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cash flow hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Forward currency contracts | ​ | $ | 1,242 | ​ | $ | - | ​ | $ | 255 | ​ | $ | - | ​ | $ | - | ​ | $ | -
Interest rate swap | ​ | $ | 50,000 | ​ | $ | - | ​ | $ | - | ​ | $ | - | ​ | $ | 1,318 | ​ | $ | -
(A)Notional amounts represent the gross contract of the derivatives outstanding in U.S. dollars.
Amounts Recorded for the Cash Flow Hedges in Other Comprehensive Income (Loss) in Shareholders' Equity and in Net Income | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Gain (loss) reclassified from
​ | ​ | Gain (loss) recorded in other | ​ | other comprehensive income
​ | ​ | comprehensive income (loss) | ​ | (loss) into net (loss) income (A)
​ |  | 2020 |  | 2019 |  | 2018 |  | 2020 |  | 2019 |  | 2018
Derivatives designated as cash flow hedges: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Forward currency contracts | ​ | $ | (1,244) | ​ | $ | 450 | $ | 1,967 | ​ | $ | (1,499) | ​ | $ | 820 | $ | 1,376
Interest rate swap | ​ | $ | (1,751) | ​ | $ | - | $ | - | ​ | $ | (433) | ​ | $ | - | $ | -
(A) | Gains (losses) reclassified from comprehensive income (loss) into net (loss) income recognized in COGS in the Company’s consolidated statements of operations for the years ended December 31, 2020, 2019 and 2018 were $(1,146), $695 and $1,259, respectively. Gains (losses) reclassified from other comprehensive income (loss) into net (loss) income recognized in D&D in the Company’s consolidated statements of operations were $(29), $125 and $117 for the years ended December 31, 2020, 2019 and 2018, respectively. Gains (losses) reclassified from other comprehensive income (loss) into net (loss) income recognized in SG&A in the Company’s consolidated statements of operations were $(324), $0 and $0 for the years ended December 31, 2020, 2019 and 2018, respectively.
Schedule of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
December 31 | ​ | ​ | ​ | ​ | 2020 | ​ | 2019
​ | ​ | ​ | ​ | ​ | Fair values estimated using | ​ | ​ | ​
​ | ​ | ​ | Fair | ​ | Level 1 | ​ | Level 2 | ​ | Level 3 | ​ | ​ | ​
​ |  | value |  | inputs |  | inputs |  | inputs |  | Fair value
Financial assets carried at fair value: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Forward currency contract | ​ | $ | 255 | ​ | $ | - | ​ | $ | 255 | ​ | $ | - | ​ | $ | -
Total financial assets carried at fair value | ​ | $ | 255 | ​ | $ | - | ​ | $ | 255 | ​ | $ | - | ​ | $ | -
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Financial liabilities carried at fair value: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Interest rate swap | ​ | $ | 1,318 | ​ | $ | - | ​ | $ | 1,318 | ​ | $ | - | ​ | $ | -
Earn-out consideration | ​ | ​ | 5,813 | ​ | ​ | - | ​ | ​ | - | ​ | ​ | 5,813 | ​ | ​ | 12,011
Total financial liabilities carried at fair value | ​ | $ | 7,131 | ​ | $ | - | ​ | $ | 1,318 | ​ | $ | 5,813 | ​ | $ | 12,011
Summary of the Change in Fair Value of the Level 3 Financial Liabilities Related to Contingent Consideration | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Stoneridge Brazil |  | Total
Balance at December 31, 2019 | ​ | $ | 12,011 | ​ | $ | 12,011
Change in fair value | ​ | ​ | (3,196) | ​ | ​ | (3,196)
Foreign currency adjustments | ​ | ​ | (3,002) | ​ | ​ | (3,002)
Balance at December 31, 2020 | ​ | $ | 5,813 | ​ | $ | 5,813
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Orlaco |  | Stoneridge Brazil |  | Total
Balance at December 31, 2018 | ​ | $ | 8,602 | ​ | $ | 10,070 | ​ | $ | 18,672
Change in fair value | ​ | ​ | - | ​ | ​ | 2,308 | ​ | ​ | 2,308
Foreign currency adjustments | ​ | ​ | (128) | ​ | ​ | (367) | ​ | ​ | (495)
Earn-out consideration cash payment | ​ | ​ | (8,474) | ​ | ​ | - | ​ | ​ | (8,474)
Balance at December 31, 2019 | ​ | $ | - | ​ | $ | 12,011 | ​ | $ | 12,011

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- Definition Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19279-110258 + Details
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- Definition Tabular disclosure of gain (loss) on derivative and nonderivative instruments designated and qualifying as cash flow hedge recorded in accumulated other comprehensive income (AOCI) and reclassified into earnings. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959 + Details
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- Definition 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624163-113959 + 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/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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