Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments, Gain (Loss) [Table Text Block]

The following tables summarize the amount of unrealized / realized gain and loss recognized in Accumulated Other Comprehensive Income (AOCI) for the three months ended March 31, 2020 and 2019:



Derivatives in subtopic 815-20 Cash Flow Hedging Relationship	Amount of Unrealized Gain (Loss) Recognized in Accumulated Other Comprehensive Income on Derivative						Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income^(A)	Amount of Realized Gain (Loss) Reclassified from Accumulated Other Comprehensive Income
	2020			2019				2020			2019
Foreign exchange contracts	$	(1,745,000	)	$	701,000		Cost of goods sold	$	(58,000	)	$	148,000
Foreign exchange contracts	$	(1,745,000	)	$	701,000		Selling, general and administrative expense	$	(13,000	)	$	31,000
Interest rate swaps	$	(833,000	)	$	(252,000	)	Interest expense	$	(50,000	)	$	1,000

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

The following tables detail amounts related to our derivatives designated as hedging instruments:



	Fair Value of Derivative Instruments
	March 31, 2020
	Asset Derivatives			Liability Derivatives
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Prepaid expense other current assets	$	—	Accrued other liabilities	$	1,222,000
Notional contract values		$	—		$	7,699,000
Interest rate swaps	Prepaid expense other current assets	$	—	Accrued other liabilities	$	1,489,000
Notional swap values		$	—		$	28,875,000

	December 31, 2019
	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 other liabilities	$	—
Notional contract values		$	15,358,000		$	—
Interest rate swaps	Prepaid expense other current assets	$	—	Accrued other liabilities	$	706,000
Notional swap values		$	—		$	29,750,000