Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The fair values of our derivative instruments were as follows:

		Fair Value
Derivative Assets	Balance Sheet Location	March 31, 2019		December 31, 2018
Derivatives designated as hedging instruments under Subtopic 815-20		(in thousands)
Interest rate swap contract	Other current assets	$	1,568	$	1,866
Interest rate cap contracts	Other current assets	420		535
Foreign exchange options	Other current assets	1,407		—
Cross currency swap contract	Other current assets	1,608		1,631
Interest rate swap contract	Other long-term assets	259		746
Interest rate cap contracts	Other long-term assets	67		251
Cross currency swap contract	Other long-term assets	2,587		1,339
Derivatives not designated as hedging instruments under Subtopic 815-20
Foreign exchange forward contracts	Other current assets	94		157
Total asset derivatives		$	8,010	$	6,525
Derivative Liabilities
Derivatives not designated as hedging instruments under Subtopic 815-20
Foreign exchange forward contracts	Other current liabilities	$	127	$	337

Accumulated OCI for Derivative and Nonderivative Instruments Designated as Hedging Instruments, Net of Tax

The changes in accumulated other comprehensive income (loss) (AOCI), net of tax, for our derivative and nonderivative hedging instruments designated as hedging instruments, net of tax, were as follows:

In thousands	2019			2018
Net unrealized loss on hedging instruments at January 1,	$	(13,179	)	$	(13,414	)
Unrealized gain (loss) on hedging instruments	211			1,183
Realized (gains) losses reclassified into net income (loss)	(76		)	(14		)
Net unrealized loss on hedging instruments at March 31,	$	(13,044	)	$	(12,245	)

Offsetting Assets

A summary of the effect of netting arrangements on our financial position related to the offsetting of our recognized derivative assets and liabilities under master netting arrangements or similar agreements is as follows:

Offsetting of Derivative Assets	Gross Amounts of Recognized Assets Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets
In thousands			Derivative Financial Instruments			Cash Collateral Received		Net Amount
March 31, 2019	$	8,010	$	(112	)	$	—	$	7,898
December 31, 2018	$	6,525	$	(103	)	$	—	$	6,422

Offsetting Liabilities

Offsetting of Derivative Liabilities	Gross Amounts of Recognized Liabilities Presented in the Consolidated Balance Sheets		Gross Amounts Not Offset in the Consolidated Balance Sheets
In thousands			Derivative Financial Instruments			Cash Collateral Pledged		Net Amount
March 31, 2019	$	127	$	(112	)	$	—	$	15
December 31, 2018	$	337	$	(103	)	$	—	$	234

Effect of Cash Flow Derivatives on the Balance Sheet and Income Statement, Before Tax

The before-tax effects of our accounting for derivative instruments designated as hedges on AOCI were as follows:

Derivatives in Subtopic 815-20 Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in OCI on Derivative					Gain (Loss) Reclassified from  AOCI into Income
						Location	Amount
In thousands	2019			2018		In thousands	2019		2018
Three Months Ended March 31,
Interest rate swap contracts	$	(318	)	$	1,247	Interest expense	$	466	$	88
Interest rate cap contracts	156			188		Interest expense	292		(70		)
Foreign exchange options	307			—		Product cost of revenues	—		—
Cross currency swap contract	2,008			—		Interest expense	494		—
Cross currency swap contract	—			—		Other income/(expense), net	892		—

Foreign Exchange Derivatives Not Designated As Hedging Instruments

The effect of our derivative instruments not designated as hedges on the Consolidated Statements of Operations was as follows:

Derivatives Not Designated as Hedging Instrument under Subtopic 815-20	Location	Gain (Loss) Recognized on Derivatives in Other Income (Expense)
	In thousands	2019			2018
Three Months Ended March 31,
Foreign exchange forward contracts	Other income (expense), net	$	(790	)	$	(1,523	)
Interest rate cap contracts	Interest expense	—			282