Fair Value Measurements (Tables)

3 Months Ended

Mar. 31, 2019

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 at March 31, 2019 and December 31, 2018, (in thousands).

	Fair Value		Level 1		Level 2		Level 3
March 31, 2019
Assets:
Repurchase agreements	$	625,926	$	—	$	625,926	$	—
Money market	50,891		—		50,891		—
Certificates of deposit	35,156		—		35,156		—
Foreign exchange contracts	40,074		—		40,074		—
Total assets	$	752,047	$	—	$	752,047	$	—
Cash collateral for foreign exchange contracts	$	8,111	$	—	$	—	$	—
Liabilities:
Interest rate swaps	$	27,569	$	—	$	27,569
Foreign exchange contracts	39,977		—		39,977		—
Total liabilities	$	67,546	$	—	$	67,546	$	—
Cash collateral obligation for foreign exchange contracts	$	40,832	$	—	$	—	$	—
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	$	—	$	—	$	—