Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2019 and December 31, 2018, (in thousands). 

	Fair Value		Level 1		Level 2		Level 3
June 30, 2019
Assets:
Repurchase agreements	$	716,155	$	—	$	716,155	$	—
Money market	51,151		—		51,151		—
Certificates of deposit	28,455		—		28,455		—
Foreign exchange derivative contracts	44,513		—		44,513		—
Total assets	$	840,274	$	—	$	840,274	$	—
Cash collateral for foreign exchange derivative contracts	$	6,123	$	—	$	—	$	—
Liabilities:
Interest rate swaps	$	61,632	$	—	$	61,632
Foreign exchange derivative contracts	43,576		—		43,576		—
Total liabilities	$	105,208	$	—	$	105,208	$	—
Cash collateral obligation for foreign exchange derivative contracts	$	7,123	$	—	$	—	$	—
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 derivative contracts	68,814		21		68,793		—
Total assets	$	723,163	$	21	$	723,142	$	—
Cash collateral for foreign exchange derivative contracts	$	9,644	$	—	$	—	$	—
Liabilities:
Foreign exchange derivative contracts	$	72,125	$	—	$	72,125	$	—
Total liabilities	$	72,125	$	—	$	72,125	$	—
Cash collateral obligation for foreign exchange derivative contracts	$	73,140	$	—	$	—	$	—