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Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

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, 2019:

	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		$	452,000				Accrued liabilities other		$	—
Notional contract values			15,358,000							—
Interest rate swaps	Other non-current assets		—					Other non-current liabilities		706,000
Notional swap values			$	—						$	29,750,000

As of December 31, 2019, the Company had foreign exchange contracts related to the Mexican Peso and the Candian Dollar with exchange rates ranging from 19.53 to 20.58 and 1.32, respectively

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.

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, 2019, 2018 and 2017:

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
		2019	2018	2017					2019	2018	2017
Foreign exchange contracts		$1,499,000	$(385,000)	$517,000		Cost of goods sold			$272,000	$68,000	$445,000
						Selling, general and administrative expense			$25,000	$—	$67,000
Interest rate swaps		$(708,000)	$(223,000)	$—		Interest Expense			$(67,000)	$(159,000)	$—

X

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

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- Definition

Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4E
-URI http://asc.fasb.org/extlink&oid=109980867&loc=SL5624181-113959

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-Name Accounting Standards Codification
-Topic 815
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-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
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