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Fair Value Measurements (Tables)
 12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Financial Assets and Liabilities Measured at Fair Value
The following table presents the Company’s financial assets and liabilities which are measured at fair values on a recurring basis as of December 31, 2018 and 2017, (in thousands): 
 
 
Fair Value
 
Level 1
 
Level 2
 
Level 3
December 31, 2018
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
Repurchase agreements
 
$
581,293

 
$
—

 
$
581,293

 
$
—

Money market
 
50,644

 
—

 
50,644

 
—

Certificates of deposit
 
22,412

 
—

 
22,412

 
—

Foreign exchange contracts
 
68,814

 
21

 
68,793

 
—

Total assets
 
$
723,163


$
21


$
723,141


$
—

Cash collateral for foreign exchange contracts
 
$
9,644

 
$
—

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
72,125

 
$
—

 
$
72,125

 

Total liabilities
 
$
72,125

 
$
—

 
$
72,125

 

Cash collateral obligation for foreign exchange contracts
 
$
73,140

 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
 
Repurchase agreements
 
$
420,838

 
$
—

 
$
420,838

 
$
—

Money market
 
50,423

 
—

 
50,423

 
—

Certificates of deposit
 
7,417

 
—

 
7,417

 
—

Foreign exchange contracts
 
39,045

 
10

 
39,035

 
—

Total assets
 
$
517,723

 
$
10

 
$
517,713

 
$
—

Cash collateral for foreign exchange contracts
 
$
12,540

 
$
—

 
$
—

 
$
—

Liabilities:
 
 
 
 
 
 
 
 
Foreign exchange contracts
 
$
26,888

 
$
67

 
$
26,821

 
$
—

Total liabilities
 
$
26,888

 
$
67

 
$
26,821

 
$
—

Cash collateral obligation for foreign exchange contracts
 
$
10,882

 
$
—

 
$
—

 
$
—