Fair Value Measurements (Tables)

12 Months Ended

Dec. 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 as of December 31, 2019 and 2018, (in thousands): 

	Fair Value		Level 1		Level 2		Level 3
December 31, 2019
Assets:
Repurchase agreements	$	833,658	$	—	$	833,658	$	—
Money market	54,978		—		54,978		—
Certificates of deposit	27,022		—		27,022		—
Trading Securities	22,955		22,955		—		—
Foreign exchange contracts	72,076		—		72,076		—
Total assets	$	1,010,689	$	22,955	$	987,734	$	—
Cash collateral for foreign exchange contracts	$	6,086	$	—	$	—	$	—
Liabilities:
Interest Rate Swaps	$	56,418	$	—	$	56,418	$	—
Foreign exchange contracts	60,909		—		60,909		$	—
Total liabilities	$	117,327	$	—	$	117,327	$	—
Cash collateral obligation for foreign exchange contracts	$	25,618	$	—	$	—	$	—
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	$	723,142	$	—
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	$	—	$	—	$	—