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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of December 31, 2017 and 2016, the fair value carrying amount of the Company's derivatives designated as hedging instruments are recorded as follows (dollars in thousands):
 
 
 
 
Asset / (Liability) Derivatives
Derivatives designated as hedging instruments
 
Balance Sheet Caption
 
December 31, 2017
 
December 31, 2016
Net Investment Hedges
 
 
 
 
 
 
Cross-currency swaps
 
Other long-term liabilities
 
$
(4,110
)
 
$

Cash Flow Hedges
 
 
 
 
 
 
Interest rate swaps
 
Prepaid expenses and other current assets
 

 
160

Interest rate swaps
 
Accrued liabilities
 

 
(870
)
Interest rate swaps
 
Other long-term liabilities
 

 
(3,360
)
Total derivatives designated as hedging instruments
 
$
(4,110
)
 
$
(4,070
)
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table summarizes the loss recognized in accumulated other comprehensive income ("AOCI") on derivative contracts designated as hedging instruments as of December 31, 2017 and 2016, and the amounts reclassified from AOCI into earnings for the years ended December 31, 2017, 2016 and 2015 (dollars in thousands):
 
 
Amount of Loss Recognized
in AOCI on Derivative
(Effective Portion, net of tax)
 
Location of Loss Reclassified from AOCI into Earnings
(Effective Portion)
 
Amount of Loss Reclassified from
AOCI into Earnings
 
 
As of December 31,
 
 
Year ended December 31,
 
 
2017
 
2016
 
 
2017
 
2016
 
2015
Net Investment Hedges
 
 
 
 
 
 
 
 
 
 
 
 
Cross-currency swaps
 
$
(3,170
)
 
$

 
Other expense, net
 
$

 
$

 
$

Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$

 
$
(2,520
)
 
Interest expense
 
$
(320
)
 
$
(670
)
 
$
(420
)
 
 
 
 
 
 
Debt financing and related expenses
 
$
(4,680
)
 
$

 
$

 
 
 
 
 
 
Loss from discontinued operations
 
$

 
$

 
$
(440
)
Fair Value Measurements, Recurring and Nonrecurring
Fair value measurements and the fair value hierarchy level for the Company's assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 and 2016 are shown below (dollars in thousands).
 
Description
 
Frequency
 
Asset / (Liability)
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other Observable Inputs
(Level 2)
 
Significant Unobservable Inputs
(Level 3)
December 31, 2017
Cross-currency swaps
 
Recurring
 
$
(4,110
)
 
$

 
$
(4,110
)
 
$

December 31, 2016
Interest rate swaps
 
Recurring
 
$
(4,070
)
 
$

 
$
(4,070
)
 
$