Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2019

Derivative Financial Instruments

Schedule of activity of cash flow hedges included in accumulated other comprehensive loss

(in thousands)	Cash Flow Hedges
Balance as of Balance as of March 31, 2019	$	5,872
Unrealized loss recognized in other comprehensive loss, net of tax		4,775
Reclassification to interest expense, net		(87)
Balance as of June 30, 2019	$	10,560
Balance as of Balance as of March 31, 2018	$	2,290
Unrealized gain recognized in other comprehensive loss, net of tax		(1,618)
Reclassification to interest expense, net		(696)
Balance as of June 30, 2018	$	(24)

(in thousands)	Cash Flow Hedges
Balance as of December 31, 2018	$	2,936
Unrealized loss recognized in other comprehensive income, net of tax		7,926
Reclassification to interest expense, net		(302)
Balance as of June 30, 2019	$	10,560
Balance as of December 31, 2017	$	—
Unrealized loss recognized in other comprehensive loss, net of tax		920
Reclassification to interest expense, net		(944)
Balance as of June 30, 2018	$	(24)

Schedule of fair value of derivative liabilities within the consolidated balance sheets

	As of June 30, 2019				As of December 31, 2018
(in thousands)	Assets		Liabilities		Assets		Liabilities
Derivatives designated as cash flow hedging instruments:
Accrued expenses and other current liabilities	$	—	$	2,805	$	—	$	724
Other liabilities		—		11,078		—		3,134