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DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2018
DERIVATIVE FINANCIAL INSTRUMENTS [Abstract]  
Gains (Losses) Related to Derivative Instruments Not Designated as Hedging Instruments
The following table summarizes gains (losses) related to derivative instruments not designated as hedging instruments during the three- and nine-month periods ended September 30, 2018 and 2017 (U.S. dollars in thousands):

Derivatives not
designated as
hedging instruments:
  
Location of
Gain (Loss)
Recognized
in Income
 
Amount of Gain (Loss) Recognized in Income
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
   

 
  
2018
  
2017
  
2018
  2017
             
Foreign currency contracts
  
Other income (expense)
  
$
  
$
  
$
 
$
(485
)

Gains (Losses) Related to Derivative Instruments Designated as Cash Flow Hedges
The following table summarizes gains (losses) related to derivative instruments recorded in other comprehensive income (loss) during the three- and nine-month periods ended September 30, 2018 and 2017 (U.S. dollars in thousands):

Derivatives
designated as
hedging instruments:
 
Amount of Gain (Loss)
Recognized in Other Comprehensive Loss
 
 
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
 
2018
  
2017
  
2018
  
2017
 
             
Foreign currency forward contracts  related to intercompany license fee, product sales, and selling expense hedges
 
$
  
$
(27
)
 
$
(160
)
 
$
(207
)

The following table summarizes gains (losses) relating to derivative instruments reclassified from accumulated other comprehensive loss into income during the three- and nine-month periods ended September 30, 2018 and 2017 (U.S. dollars in thousands):

Derivatives designated as
hedging instruments:
   
Location of
Gain (Loss)
Reclassified from
Accumulated
Other
Comprehensive
Loss into Income
 
Amount of Gain (Loss) Reclassified from
Accumulated Other Comprehensive Loss into Income
 
 
Three Months Ended
September 30,
  
Nine Months Ended
September 30,
 
 
2018
  
2017
  
2018
  
2017
 
               
Foreign currency forward contracts related to intercompany license fees and product sales hedges
 
Revenue
 
$
  
$
(67
)
 
$
18
  
$
42
 
Foreign currency forward contracts related to intercompany selling expense hedges
 
Selling expenses
 
$
  
$
5
  
$
  
$
233