Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair value of outstanding derivative contracts recorded as assets and liabilities

The fair value of outstanding derivative contracts recorded as assets and liabilities on the Consolidated Balance Sheets was as follows:

(In thousands)	Balance Sheet Location	Fair Value of Derivatives Designated as Hedging Instruments		Fair Value of Derivatives Not Designated as Hedging Instruments		Total Fair Value
December 31, 2019
Asset derivatives (Level 2):
Foreign currency exchange forward contracts	Other current assets	$	2,039	$	946	$	2,985
Total		$	2,039	$	946	$	2,985
Liability derivatives (Level 2):
Foreign currency exchange forward contracts	Other current liabilities	$	140	$	3,733	$	3,873
Interest rate swaps	Other current liabilities	2,098		—		2,098
Interest rate swaps	Other liabilities	4,281		—		4,281
Total		$	6,519	$	3,733	$	10,252
December 31, 2018
Asset derivatives (Level 2):
Foreign currency exchange forward contracts	Other current assets	$	2,970	$	589	$	3,559
Interest rate swaps	Other current assets	1,331		—		1,331
Interest rate swaps	Other assets	128		—		128
Total		$	4,429	$	589	$	5,018
Liability derivatives (Level 2):
Foreign currency exchange forward contracts	Other current liabilities	$	24	$	2,910	$	2,934
Interest rate swaps	Other liabilities	1,849		—		1,849
Total		$	1,873	$	2,910	$	4,783

Derivative Instruments, Gain (Loss) [Table Text Block]

The effect of derivative instruments on the Consolidated Statements of Operations and the Consolidated Statements of Comprehensive Income (Loss):

Derivatives Designated as Hedging Instruments

	Amount Recognized in Other Comprehensive Income (“OCI”) on Derivatives								Location of Amount Reclassified from Accumulated OCI into Income	Amount Reclassified from Accumulated OCI into Income - Effective Portion or Equity
(In thousands)	2019			2018		2017				2019			2018			2017
Foreign currency exchange forward contracts	$	(1,227	)	$	1,935	$	3,547		Product revenues/Cost of services sold	$	(506	)	$	(374	)	$	(954	)
Foreign currency exchange forward contracts (a)	—			—		—			Retained earnings (b)	—			(1,520		)	—
Interest rate swaps	—			—		—			Income from discontinued businesses	2,741			—			—
Interest rate swaps	(8,209		)	1,451		(734		)	Interest expense	(520		)	(1,108		)	—
Cross-currency interest rate swaps (a)	(42		)	63		(205		)	Interest expense	1,219			1,264			1,002
	$	(9,478	)	$	3,449	$	2,608			$	2,934		$	(1,738	)	$	48

(a) Amounts represent changes in foreign currency translation related to balances in Accumulated other comprehensive loss.

(b)

The Company adopted the new revenue recognition standard utilizing the modified retrospective transition method, including use of practical expedients in 2018.

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]

The location and amount of gain (loss) recognized on the Consolidated Statements of Operations:

	2019
(in thousands)	Product Revenues		Cost of Services Sold			Interest Expense			Income From Discontinued Businesses
Total amounts of line items presented in the statement of operations in which the effects of cash flow hedges are recorded	$	422,269	$	839,156		$	(36,586	)	$	27,531
Interest rate swaps:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	—		—			520			—
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income as a result that a forecasted transaction is no longer probable of occurring	—		—			—			(2,741		)
Foreign exchange contracts:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	550		(44		)	—			—
Amount excluded from effectiveness testing recognized in earnings based on changes in fair value	509		—			—			—
Cross-currency interest rate swaps:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	—		—			(1,219		)	—

	2018
(in thousands)	Product Revenues			Cost of Services Sold		Interest Expense
Total amounts of line items presented in the statement of operations in which the effects of cash flow hedges are recorded	$	392,208		$	745,748	$	(21,531	)
Interest rate swaps:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	—			—		1,108
Foreign exchange contracts:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	374			—		—
Amount excluded from effectiveness testing recognized in earnings based on changes in fair value	(440		)	1		—
Cross-currency interest rate swaps:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	—			—		(1,264		)

	2017
(in thousands)	Product Revenues			Cost of Services Sold		Interest Expense
Total amounts of line items presented in the statement of operations in which the effects of cash flow hedges are recorded	$	373,188		$	737,499	$	(26,862	)
Foreign exchange contracts:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	936			18		—
Amount excluded from effectiveness testing recognized in earnings based on changes in fair value	(105		)	—		—
Cross-currency interest rate swaps:
Amount of gain (loss) reclassified from accumulated other comprehensive loss into income	—			—		(1,002		)
Amount excluded from the effectiveness testing recognized in earnings based an amortization approach	—			—		(420		)

Derivatives Not Designated as Hedging Instruments

Derivatives Not Designated as Hedging Instruments

	Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives for the Twelve Months Ended December 31(c)
(In thousands)		2019		2018		2017
Foreign currency exchange forward contracts	Cost of services and products sold	$	6,807	$	17,262	$	(23,572	)

(c) These gains (losses) offset amounts recognized in cost of service and products sold principally as a result of intercompany or third-party foreign currency exposures.