Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Outstanding Foreign Currency Forward Contracts

The table below sets forth outstanding foreign currency forward contracts at March 31, 2020 and December 31, 2019:

Notional Amount		Effective Date	Maturity Date	Index*	Weighted Average Foreign Exchange Rate		Balance Sheet Hedge Designation
$	2,961	March 2020	May 2020	EUR/GBP	0.8848		Non-designated
	4,009	March 2020	May 2020	EUR/USD		1.1009	Non-designated
	10,445	March 2020	May 2020	GBP/USD		1.2453	Non-designated
	37,850	March 2020	May 2020	USD/CNY		7.1036	Non-designated
	1,136	March 2020	May 2020	USD/JPY		107.2520	Non-designated
	42,028	March 2020	May 2020	USD/TWD		29.9560	Non-designated
	500	January 2020	July 2020	USD/TWD	30		Non-designated
	500	January 2020	January 2021	USD/TWD	29.976		Non-designated
	500	March 2020	May 2020	USD/TWD	30.355		Non-designated
$	99,929
Notional Amount		Effective Date	Maturity Date	Index*	Weighted Average Foreign Exchange Rate		Balance Sheet Hedge Designation
$	1,844	December 2019	February 2020	EUR/GBP	0.8471		Non-designated
	3,375	December 2019	February 2020	EUR/USD	1.123		Non-designated
	25,957	December 2019	February 2020	GBP/USD	1.3257		Non-designated
	39,340	December 2019	February 2020	USD/CNY	6.9762		Non-designated
	763	December 2019	February 2020	USD/JPY	108.732		Non-designated
	33,621	December 2019	February 2020	USD/TWD	20.988		Non-designated
	500	January 2019	January 2020	USD/TWD	30.635		Non-designated
	500	October 2019	February 2020	USD/TWD	30.571		Non-designated
$	105,900
*  EUR = Euro
GBP = British Pound Sterling
USD = United States Dollar
CNY = Chinese Yuan Renminbi
JPY =  Japan Yen
TWD = Taiwan dollar

Summary of Information Related to Number of and Notional Amount of Interest Rate Related Derivative Instruments

The table below sets forth information related to the number and the notional amount of our interest rate related derivative instruments at March 31, 2020 and December 31, 2019:

	Number of Instruments		Notional Amount
	2020	2019	2020		2019
Interest rate swaps and collars	9	9	$	175,000	$	200,000

Summary of Fair Value of Interest Rate Related Derivative Financial Instruments and Their Classification on Our Condensed Consolidated Balance Sheets

The table below sets forth the fair value of the Company’s interest rate related derivative financial instruments as well as their classification on our condensed consolidated balance sheets as of March 31, 2020 and December 31, 2019:

	Other Current Assets				Other Assets				Other Current Liabilities				Other Liabilities
	2020		2019		2020		2019		2020		2019		2020		2019
Interest rate swaps and collars	$	-	$	194	$	-	$	36	$	1,936	$	51	$	1,154	$	127

Summary of Effect of Derivative Financial Instruments on Our Condensed Consolidated Statements of Operations

The tables below set forth the effect of the Company’s derivative financial instruments on our condensed consolidated statements of income for the three months ended March 31, 2020 and 2019:

	Amount of Gain or (Loss) Recognized in OCI on Derivative						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income	Amount of Gain or (Loss) Reclassified from Accumulated OCI into Net Income						Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion  Excluded from Effectiveness Testing)	Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion and Amount Excluded from Effectiveness Testing)
Derivative Instruments Designated as Hedging Instruments
	March 31,							March 31,							March 31,
	2020			2019				2020			2019				2020		2019
Three Months Ended
Interest rate swaps and collars	$	(1,390	)	$	(1,090	)	Interest expense	$	(71	)	$	(469	)	Interest expense	$	-	$	-
Cross currency swaps	$	-		$	(2,350	)	N/A	$	-		$	-		Interest income	$	-	$	455

	Amount of (Loss) or Gain Recognized in Net Income					Location of Gain or (Loss) Recognized in Net Income
Derivative Instruments Not Designated as Hedging Instruments
	March 31,
	2020			2019
Three Months Ended
Foreign currency forward contracts	$	(2,147	)	$	430	Foreign currency loss, net