Hedging Transactions and Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

As of June 30, 2020, the notional values of the remaining foreign currency forward contracts were as follows:

Notional Values of Foreign Currency Derivatives
USD/CNH	$	25,492,958
KRW/USD	₩	11,961,700,000
EUR/USD	€	8,018,710

As of June 30, 2020, the volume of our copper contracts outstanding was as follows:

Volume of Copper Derivatives
July 2020 - September 2020	201 metric tons per month
October 2020 - December 2020	201 metric tons per month
January 2021 - March 2021	256 metric tons per month
April 2021 - June 2021	256 metric tons per month
July 2021 - September 2021	171 metric tons per month

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

The impacts from our derivative instruments on the statement of operations and statements of comprehensive income (loss) were as follows:

		Three Months Ended				Six Months Ended
(Dollars in thousands)	Financial Statement Line Item	June 30, 2020		June 30, 2019		June 30, 2020		June 30, 2019
Foreign Currency Contracts
Contracts not designated as hedging instruments	Other (expense) income, net	$	(27)	$	125	$	(555)	$	(586)
Copper Derivative Contracts
Contracts not designated as hedging instruments	Other (expense) income, net	$	964	$	(775)	$	(171)	$	(465)
Interest Rate Swap
Contract designated as hedging instrument	Other comprehensive income (loss)	$	173	$	(1,113)	$	(1,517)	$	(1,745)