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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of December 31, 2018 and 2017, 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, 2018
 
December 31, 2017
Net Investment Hedges
 
 
 
 
 
 
Cross-currency swaps
 
Other assets
 
$
130

 
$

Cross-currency swaps
 
Other long-term liabilities
 

 
(4,110
)
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
The following table summarizes the income (loss) recognized in AOCI on derivative contracts designated as hedging instruments as of December 31, 2018 and 2017, and the amounts reclassified from AOCI into earnings for the years ended December 31, 2018, 2017 and 2016 (dollars in thousands):
 
 
Amount of Income (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,
 
 
2018
 
2017
 
 
2018
 
2017
 
2016
Net Investment Hedges
 
 
 
 
 
 
 
 
 
 
 
 
Cross-currency swaps
 
$
940

 
$
(3,170
)
 
Other expense, net
 
$

 
$

 
$

Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
 
 
Interest rate swaps
 
$

 
$

 
Interest expense
 
$

 
$
(320
)
 
$
(670
)
 
 
 
 
 
 
Debt financing and related expenses
 
$

 
$
(4,680
)
 
$

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, 2018 and 2017 are as follows (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, 2018
Cross-currency swaps
 
Recurring
 
$
130

 
$

 
$
130

 
$

December 31, 2017
Cross-currency swaps
 
Recurring
 
$
(4,110
)
 
$

 
$
(4,110
)
 
$