Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2018

Fair Value, by Balance Sheet Grouping [Table Text Block]

The following tables detail amounts related to our derivatives designated as hedging instruments as of December 31, 2018:



	Fair Values of Derivatives Instruments
	Asset Derivatives		Liability Derivatives
	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign exchange contracts	Prepaid expense other current assets	—	Accrued liabilities other	$	750,000
Notional contract values		—		$	27,588,000
Interest rate swaps	Other non-current assets	—	Other non-current liabilities	$	65,000
Notional swap values		—		$	32,375,000

As of December 31, 2018, the Company had foreign exchange contracts related to the Mexican Peso and the Canadian Dollar with exchange rates ranging from 19.52 to 20.47 and 1.28 to 1.33, respectively.

The following tables detail amounts related to our derivatives designated as hedging instruments as of December 31, 2017:



	Fair Values of Derivatives Instruments
	Asset Derivatives		Liability Derivatives
	Balance Sheet Location	Fair Value	Balance Sheet Location	Fair Value
Foreign exchange contracts	Prepaid expense other current assets	—	Accrued liabilities other	$	298,000
Notional contract values		—		$	8,766,000
Interest rate swaps	Other non-current assets	—	Other non-current liabilities	$	—
Notional swap values		—		$	—

As of December 31, 2017, the Company had foreign exchange contracts related to the Mexican Peso with exchange rates ranging from 19.17 to 20.41.

Effect of derivative instruments on income

The following tables summarize the amount of unrealized / realized gain and loss recognized in Accumulated Comprehensive Income (AOCI) for the years ended December 31, 2018, 2017 and 2016:



Derivatives in subtopic 815-20 Cash Flow Hedging Relationship	Amount of Unrealized Gain or (Loss) Recognized in Accumulated other Comprehensive Income on Derivative			Location of Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income^(A)	Amount of Realized Gain or (Loss) Reclassified from Accumulated Other Comprehensive Income
	2018	2017	2016		2018	2017	2016
Foreign exchange contracts	$(385,000)	517,000	(289,000)	Cost of goods sold	$68,000	445,000	12,000
Foreign exchange contracts	$(385,000)	517,000	(289,000)	Sales, general and administrative expense	$—	67,000	2,000
Interest rate swaps	$(223,000)	—	—	Interest Expense	$(159,000)	—	—