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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2019
Fair Value Disclosures [Abstract]  
Fair Value of Gross Position of Derivative Contracts in Consolidated Balance Sheets The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets:
Assets/(liabilities)
 
March 31, 2019
 
December 31, 2018
Designated as hedging instruments:
 
 
 
 
     Gross amounts recognized
 
$
(1,906
)
 
$
(1,524
)
     Gross amounts offset
 
975

 
2,237

     Net amounts
 
(931
)
 
713

Not designated as hedging instruments:
 
 
 
 
     Gross amounts recognized
 
(267
)
 
(544
)
     Gross amounts offset
 
189

 
201

     Net amounts
 
(78
)
 
(343
)
Net amounts presented:
 
 
 
 
     Other current assets
 
$
683

 
$
1,750

     Other long-term liabilities
 
$
(1,692
)
 
$
(1,380
)
Gains and Losses on Derivative Instruments in Consolidated Statements of Income The following table presents the location and amount of gains and losses on derivative instruments in the Condensed Consolidated Statements of Income
 
 
Three Months Ended March 31,
Derivatives Designated as Cash Flow Hedges
 
2019
 
2018
Amount of (Loss)/Gain Recognized in Other Comprehensive Income on Derivatives
 
$
(1,183
)
 
$
646

Amount of Loss Reclassified from Accumulated Other Comprehensive Loss into Income
 
$
(62
)
 
$
(1,493
)
Derivatives not Designated as Hedging Instruments
 
Location of Loss Recognized in Income on Derivatives
 
Amount of Loss Recognized in Income on Derivatives for the
 
 
Three Months Ended March 31,
2019
 
2018
Foreign exchange contracts
 
Other non-operating expense
 
$
(1,006
)
 
$
(2,281
)
Schedule of Fair Value Hierarchy for those Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2019 and December 31, 2018:
 
 
March 31, 2019
 
 
Total
Assets
(Liabilities)
 
Quoted Prices
in Active Markets
for Identical
Assets
Level (1)
 
Significant
Other
Observable
Inputs
Level (2)
 
Significant
Unobservable
Inputs
Level (3)
Foreign Currency Derivative
 
$
1,009

 
$

 
$
1,009

 
$

Stock-based Liabilities
 
(13,877
)
 
(13,877
)
 

 

 
 
 
December 31, 2018
 
 
 
Total
Assets
(Liabilities)
 
Quoted Prices
in Active Markets
for Identical
Assets
Level (1)
 
Significant
Other
Observable
Inputs
Level (2)
 
Significant
Unobservable
Inputs
Level (3)
 
 
 
Foreign Currency Derivative
 
$
370

 
$

 
$
370

 
$

 
Stock-based Liabilities
 
(14,644
)
 
(14,644
)