Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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	June 30, 2019		December 31, 2018
Derivatives designated as hedging instruments under Subtopic 815-20		In thousands
Interest rate swap contract	Other current assets	$	692	$	1,866
Interest rate cap contracts	Other current assets	130		535
Foreign exchange options	Other current assets	671		—
Cross currency swap contract	Other current assets	1,287		1,631
Interest rate swap contract	Other long-term assets	—		746
Interest rate cap contracts	Other long-term assets	—		251
Cross currency swap contract	Other long-term assets	1,931		1,339
Derivatives not designated as hedging instruments under Subtopic 815-20
Foreign exchange forward contracts	Other current assets	15		157
Total asset derivatives		$	4,726	$	6,525
Derivative Liabilities
Derivatives not designated as hedging instruments under Subtopic 815-20
Foreign exchange forward contracts	Other current liabilities	$	70	$	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	998			4,078
Realized (gains) losses reclassified into net income (loss)	(2,497		)	(2,423		)
Net unrealized loss on hedging instruments at June 30,	$	(14,678	)	$	(11,759	)

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
June 30, 2019	$	4,726	$	(69	)	$	—	$	4,657
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
June 30, 2019	$	70	$	(69	)	$	—	$	1
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			2019			2018
Three Months Ended June 30,
Interest rate swap contracts	$	(683	)	$	513	Interest expense	$	453		$	246
Interest rate cap contracts	134			181		Interest expense	305			(466		)
Foreign exchange options	(89		)	—		Product cost of revenues	162			—
Cross currency swap contract	(585		)	2,376		Interest expense	416			207
Cross currency swap contract	—			—		Other income/(expense), net	(607		)	2,368
Six Months Ended June 30,
Interest rate swap contract	$	(1,001	)	$	1,760	Interest expense	$	919		$	335
Interest rate cap contracts	290			369		Interest expense	597			(536		)
Foreign exchange options	218			—		Product cost of revenues	162			—
Cross currency swap contract	1,423			2,376		Interest expense	910			207
Cross currency swap contract	—			—		Other income/(expense), net	285			2,368

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 June 30,
Foreign exchange forward contracts	Other income (expense), net	$	(121	)	$	3,636
Interest rate cap contracts	Interest expense	—			95
Six Months Ended June 30,
Foreign exchange forward contracts	Other income (expense), net	$	(912	)	$	2,113
Interest rate cap contracts	Interest expense	—			377