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Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

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

The following tables summarize the amount of unrealized and realized gain (loss) recognized in Accumulated Other Comprehensive Income (Loss) ("AOCI") for the six months ended June 30, 2020 and 2019:

Derivatives in subtopic 815-20 Cash Flow Hedging Relationship		Amount of Unrealized Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative							Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss)(A)			Amount of Realized Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss)
		2020			2019							2020			2019
Foreign exchange contracts		$	(532,000	)	$	841,000			Cost of goods sold			$	(306,000	)	$	(55,000	)
									Selling, general and administrative expense			$	(34,000	)	$	8,000
Interest rate swaps		$	(528,000	)	$	(722,000	)		Interest expense			$	(194,000	)	$	—

^(A) The foreign currency derivative activity reclassified from Accumulated Other Comprehensive Income (Loss) is allocated to cost of goods sold and selling, general and administrative expense based on the percentage of foreign currency spend.

The following tables summarize the amount of unrealized and realized gain (loss) recognized in Accumulated Other Comprehensive Income (Loss) ("AOCI") for the three months ended June 30, 2020 and 2019:

Derivatives in subtopic 815-20 Cash Flow Hedging Relationship		Amount of Unrealized Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Loss) on Derivative							Location of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss)(A)			Amount of Realized Gain (Loss) Reclassified from Accumulated Other Comprehensive Income (Loss)
		2020			2019							2020			2019
Foreign exchange contracts		$	1,213,000		$	354,000			Cost of goods sold			$	(364,000	)	$	(79,000	)
									Selling, general and administrative expense			$	(47,000	)	$	(4,000	)
Interest rate swaps		$	205,000		$	(470,000	)		Interest expense			$	(144,000	)	$	(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
	June 30, 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		$	419,000
Notional contract values			$	—					$	3,958,000
Interest rate swaps	Prepaid expense other current assets		$	—			Accrued other liabilities		$	1,428,000
Notional swap values			$	—					$	28,000,000
	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

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=121572278&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=117815213&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=121590274&loc=SL5624181-113959

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4A
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5618551-113959

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5624171-113959

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