Derivative Instruments And Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of balance sheet location and fair value of derivative instruments designated as hedging instruments

We had no derivative instruments that were designated as hedging instruments as of September 30, 2020. The following table presents the balance sheet location and fair value of our hedging instruments as of December 31, 2019 (in thousands):

	December 31, 2019
	Balance Sheet Location	Fair Value
Asset Derivative Instruments:
Interest rate swaps	Other current assets	$	44
		$	44
Liability Derivative Instruments:
Foreign exchange contracts	Accrued liabilities	$	401
		$	401

Schedule of balance sheet location and fair value of derivative instruments not designated as hedging instruments

We had no derivative instruments that were not designated as hedging instruments as of September 30, 2020. The following table presents the balance sheet location and fair value of our non-hedging instruments as of December 31, 2019 (in thousands):

	December 31, 2019
	Balance Sheet Location	Fair Value
Liability Derivative Instruments:
Foreign exchange contracts	Accrued liabilities	$	601
		$	601

Schedule of unrealized gain (loss) recognized in OCI

The following tables present the impact that derivative instruments designated as hedging instruments had on our accumulated OCI (net of tax) and our condensed consolidated statements of operations (in thousands):

	Unrealized Gain (Loss) Recognized in OCI
	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2019		2020		2019
Foreign exchange contracts	$	—	$	(280)	$	(54)	$	(338)
Interest rate swaps	—		6		(41)		(363)
	$	—	$	(274)	$	(95)	$	(701)

Schedule of gain (loss) reclassified from Accumulated OCI into earnings

	Location of Gain (Loss) Reclassified from Accumulated OCI into Earnings	Gain (Loss) Reclassified from Accumulated OCI into Earnings
		Three Months Ended September 30,				Nine Months Ended September 30,
		2020		2019		2020		2019
Foreign exchange contracts	Cost of sales	$	—	$	(1,197)	$	(455)	$	(5,460)
Interest rate swaps	Net interest expense	—		151		3		593
		$	—	$	(1,046)	$	(452)	$	(4,867)

Schedule of impact of derivative instruments not designated as hedging instruments on condensed consolidated statements of operations

The following table presents the impact that derivative instruments not designated as hedging instruments had on our condensed consolidated statements of operations (in thousands):

	Location of Loss Recognized in Earnings	Loss Recognized in Earnings
		Three Months Ended September 30,				Nine Months Ended September 30,
		2020		2019		2020		2019
Foreign exchange contracts	Other expense, net	$	—	$	(371)	$	(81)	$	(413)
		$	—	$	(371)	$	(81)	$	(413)