Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2020

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 are as follows:

Derivatives Assets	Balance Sheet Location	December 31, 2020		December 31, 2019
Derivatives designated as hedging instruments under Subtopic ASC 815-20		In thousands
Interest rate swap contracts	Other current assets	$	—	$	174
Interest rate cap contracts	Other current assets	—		1
Cross currency swap contracts	Other current assets	—		1,156
Cross currency swap contracts	Other long-term assets	—		2,870
Derivatives not designated as hedging instruments under Subtopic ASC 815-20
Foreign exchange forward contracts	Other current assets	52		96
Total asset derivatives		$	52	$	4,297
Derivatives Liabilities
Derivatives designated as hedging instruments under ASC 815-20
Interest rate swap contracts	Other current liabilities	$	1,025	$	—
Interest rate swap contracts	Other long-term obligations	957		—
Cross currency swap contracts	Other current liabilities	526		—
Derivatives not designated as hedging instruments under Subtopic ASC 815-20
Foreign exchange forward contracts	Other current liabilities	128		162
Total liability derivatives		$	2,636	$	162

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

The changes in AOCI, net of tax, for our derivative and nonderivative hedging instruments designated as hedging instruments, net of tax, were as follows:

In thousands	2020		2019		2018
Net unrealized loss on hedging instruments at January 1,	$	(15,103)	$	(13,179)	$	(13,414)
Unrealized gain (loss) on derivative instruments	(7,002)		4,061		2,586
Realized (gains) losses reclassified into net income (loss)	6,104		(5,985)		(2,351)
Net unrealized loss on hedging instruments at December 31,	$	(16,001)	$	(15,103)	$	(13,179)

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
December 31, 2020	$	52	$	(52)	$	—	$	—
December 31, 2019	4,297		(56)		—		4,241

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
December 31, 2020	$	2,636	$	(52)	$	—	$	2,584
December 31, 2019	162		(56)		—		106

Derivative Instruments, Gain (Loss)

The before-tax effects of our accounting for derivative instruments designated as hedges on AOCI for the year ended December 31, were as follows:

Derivatives in ASC 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	2020		2019		2018		In thousands	2020		2019		2018
Interest rate swap contracts	$	(2,900)	$	(987)	$	1,306	Interest expense	$	(745)	$	1,451	$	1,065
Interest rate cap contracts	782		995		18		Interest expense	392		1,046		(439)
Foreign exchange options	(1,228)		1,141		—		Product cost of revenues	(1,228)		1,141		—
Cross currency swap contract	(4,164)		3,022		1,584		Interest expense	619		1,632		949
Cross currency swap contract	—		—		—		Other income (expense), net	(5,228)		1,335		932

Foreign Exchange Derivatives Not Designated As Hedging Instruments

The effect of our derivative instruments not designated as hedges on the Consolidated Statements of Operations for the year ended December 31, were as follows:

Derivatives Not Designated as Hedging Instrument under ASC 815-20	Location	Gain (Loss) Recognized on Derivatives in Other Income (Expenses)
In thousands		2020		2019		2018
Foreign exchange forward contracts	Other income (expense), net	$	(4,538)	$	(2,425)	$	3,448