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Derivative Instruments (Tables)
 12 Months Ended
Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The Company had the following outstanding forward contracts (in thousands):
December 31, 2020December 31, 2019
CurrencyNotional ValueUSD EquivalentNotional ValueUSD Equivalent
Derivatives Not Designated as Hedging Instruments:
Euro50,000 $61,342 18,000 $20,249 
Mexican Peso155,000 7,776 80,000 4,223 
Korean Won6,925,000 6,377 161,951,500 139,688 
Japanese Yen600,000 5,808 575,000 5,291 
Hungarian Forint1,330,000 4,494 870,000 2,962 
British Pound1,675 2,287 2,700 3,569 
Taiwanese Dollar38,035 1,362 37,450 1,256 
Singapore Dollar1,465 1,110 845 628 
Canadian Dollar1,285 1,010 1,300 1,000 
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
Information regarding the fair value of the outstanding forward contracts was as follows (in thousands):
 Asset DerivativesLiability Derivatives
Balance
Sheet
Location     		Fair ValueBalance
Sheet
Location     		Fair Value
December 31, 2020December 31, 2019December 31, 2020December 31, 2019
Derivatives Not Designated as Hedging Instruments:
Economic hedge forward contractsPrepaid expenses and other current assets$265 $857 Accrued expenses$38 $23 
Offsetting Assets
The following table summarizes the gross activity for all derivative assets and liabilities which were presented on a net basis on the Consolidated Balance Sheets due to the right of offset with each counterparty (in thousands):
Asset DerivativesLiability Derivatives
December 31, 2020December 31, 2019December 31, 2020December 31, 2019
Gross amounts of recognized assets$265 $857 Gross amounts of recognized liabilities$38 $23 
Gross amounts offset— — Gross amounts offset— — 
Net amount of assets presented$265 $857 Net amount of liabilities presented$38 $23 
Derivative Instruments, Gain (Loss)
Information regarding the effect of derivative instruments, net of the underlying exposure, on the consolidated financial statements was as follows (in thousands):
 Location in Financial StatementsYear Ended December 31,
202020192018
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operationsForeign currency gain (loss)$(12,308)$1,305 $(285)
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
 Location in Financial StatementsYear Ended December 31,
202020192018
Derivatives Not Designated as Hedging Instruments:
Gains (losses) recognized in current operationsForeign currency gain (loss)$(12,308)$1,305 $(285)