XML 40 R28.htm IDEA: XBRL DOCUMENT v3.19.2
Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2019
Fair Value Disclosures [Abstract]  
Schedules of concentration of risk
The maximum exposure to credit risk at the end of each reported period is represented by the carrying amount of financial assets, and summarized in the following table:
 
December 31, 2018

 
June 30, 2019

 
(in thousands)
Trade receivables, net of allowance
473,901

 
374,949

Other taxes
53,338

 
56,090

Other current assets
22,816

 
18,751

Non-current financial assets
20,460

 
21,613

Total
$
570,515

 
$
471,403


Schedule of financial liabilities
 
December 31, 2018
 
June 30, 2019
 
 
 
 
 
(in thousands)
Trade payables
$
425,376

 
$
332,735

Other taxes
55,592

 
56,929

Employee-related payables
65,878

 
68,702

Other current liabilities
47,115

 
33,986

Financial liabilities
3,508

 
4,081

Total
$
597,469

 
$
496,433


Schedule of derivative financial instruments
 
December 31, 2018

 
June 30, 2019

 
 
 
 
 
(in thousands)
Derivative Assets:
 
 
 
Included in other current assets
$
1,703

 
$

 
 
 
 
Derivative Liabilities:
 
 
 
Included in financial liabilities - current portion
$

 
$
539


Schedule of assets and liabilities carried at fair value
 
December 31, 2018

 
June 30, 2019

 
 
 
 
 
(in thousands)
Cash equivalents
$
125,442

 
$
148,584

Cash on hand
238,984

 
273,469

Total cash and cash equivalents
$
364,426

 
$
422,053