Fair Value Measurement (Tables)

6 Months Ended

Jun. 30, 2020

Fair Value Disclosures [Abstract]

Fair Values of Our Derivative Assets and Liabilities

The fair values of our derivative assets and liabilities and contingent consideration measured on a recurring basis are categorized as follows: 

		June 30, 2020								December 31, 2019
		Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Derivative assets	Foreign exchange contract 1	$	—	$	—	$	—	$	—	$	464	$	—	$	464	$	—
	Interest rate swap agreement 2	$	1,308	$	—	$	1,308	$	—	$	150	$	—	$	150	$	—
Derivative liabilities	Foreign exchange contract 3	$	1,582	$	—	$	1,582	$	—	$	—	$	—	$	—	$	—
	Interest rate swap agreement 3	$	2,882	$	—	$	2,882	$	—	$	995	$	—	$	995	$	—
Earnout liability	Contingent consideration 4	$	8,300	$	—	$	—	$	8,300	$	4,700	$	—	$	—	$	4,700
Derivative equity	Foreign exchange contract 5	$	1,210	$	—	$	1,210	$	—	$	464	$	—	$	464	$	—

¹Presented in the Condensed Consolidated Balance Sheets in other current assets and based on observable market transactions of spot and forward rates.

²Presented in the Condensed Consolidated Balance Sheets in other assets and based on observable market transactions of forward rates.

³Presented in the Condensed Consolidated Balance Sheets in accrued liabilities and other and based on observable market transactions of forward rates.

⁴Presented in the Condensed Consolidated Balance Sheets in accrued liabilities and other long term liabilities and based on a Monte Carlo valuation model.

⁵Presented in the Condensed Consolidated Balance Sheets in accumulated other comprehensive income and based on observable market transactions of spot and forward rates.

Carrying Amounts and Fair Values of Our Long-Term Debt Obligations

The carrying amounts and fair values of our long-term debt obligations are as follows:

	June 30, 2020				December 31, 2019
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Term loan and security agreement 1	$	154,173	$	148,589	$	156,384	$	157,983

¹Presented in the Condensed Consolidated Balance Sheets as the current portion of long-term debt of $2.4 million and long-term debt of $151.7 million as of June 30, 2020, and current portion of long-term debt of $3.3 million and long-term debt of $153.1 million as of December 31, 2019.