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Fair Value of Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2021
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities that are Measured at Fair Value on a Recurring Basis
The following table presents information about the Company’s
 
financial assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of December 31, 2020:
 
(in thousands)
  
Level 1
    
Level 2
    
Level 3
 
Assets
                          
Foreign exchange contracts
     -        $648        -  
Liabilities
                          
Interest rate swaps
     -        $11,524        -  
The following table presents information about the Company’s financial assets and liabilities that are measured at fair value on a recurring basis and their assigned levels within the valuation hierarchy as of September 30, 2021:
 
(in thousands)
  
Level 1
    
Level 2
    
Level 3
 
Assets
                          
Foreign exchange contracts
     —        $ 229        —    
Liabilities
                          
Interest rate swaps
     —        $ 6,500        —