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Derivatives | 6 Months Ended
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Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Derivatives | Derivatives The following table sets forth the total net fair value of derivatives:
|  | June 30, 2019 |  | December 31, 2018
|  | Fair Value Measurement Using |  | Total Balance |  | Fair Value Measurement Using |  | Total Balance
(In thousands) |  | Level 1 |  | Level 2 |  | Level 3 |  |  | Level 1 |  | Level 2 |  | Level 3 |
Foreign currency exchange contracts |  | $ | — |  |  | $ | (37 | ) |  | $ | — |  |  | $ | (37 | ) |  | $ | — |  |  | $ | (249 | ) |  | $ | — |  |  | $ | (249 | )
We held foreign currency exchange contracts, which resulted in a net pre-tax loss of $0.1 million and a net pre-tax gain of $1.9 million for the three months ended June 30, 2019 and 2018, respectively. For the six months ended June 30, 2019 and 2018, we had a net pre-tax loss of $0.4 million and a net pre-tax gain of $0.5 million, respectively (see Note 16). Details of foreign currency exchange contracts held were as follows:
Date Held |  | Currency |  | Position Held |  | Notional Value (in millions) |  | Forward Rate |  | Unrealized Gain/(Loss) Recorded at Balance Sheet Date (in thousands)(1) |  | Settlement Date
June 30, 2019 |  | USD/Brazilian Real |  | USD |  | $ | 2.0 |  |  | 3.8677 |  |  | $ | (19 | ) |  | July 26, 2019
June 30, 2019 |  | USD/Euro |  | USD |  | $ | 29.0 |  |  | 1.1394 |  |  | $ | (17 | ) |  | July 26, 2019
December 31, 2018 |  | USD/Euro |  | USD |  | $ | 20.0 |  |  | 1.1421 |  |  | $ | (97 | ) |  | January 25, 2019
December 31, 2018 |  | USD/Chinese Yuan Renminbi |  | USD |  | $ | 27.0 |  |  | 6.8969 |  |  | $ | (116 | ) |  | January 25, 2019
December 31, 2018 |  | USD/Chinese Yuan Renminbi |  | USD |  | $ | 5.0 |  |  | 6.9245 |  |  | $ | (41 | ) |  | January 25, 2019
December 31, 2018 |  | USD/Brazilian Real |  | USD |  | $ | 1.0 |  |  | 3.8651 |  |  | $ | 5 |  |  | January 25, 2019
(1) | Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange contracts are recorded in other accrued liabilities.

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- References No definition available. + Details
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -URI http://asc.fasb.org/topic&trid=2229140 + Details
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