DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2018

Fair Values of Derivative Financial Instruments Included in Unaudited Condensed Consolidated Balance Sheets

The fair values of the Company’s derivative financial instruments included in the consolidated balance sheets are presented as follows (in thousands):

		December 31,
Derivatives designated as hedging instruments	Balance Sheet Location	2018		2017
Interest rate swaps	Prepaid expenses	$	42	$	11
	Other assets		157		—

		December 31,
Derivatives not designated as hedging instruments	Balance Sheet Location	2018		2017
Foreign exchange contracts	Accrued Expenses	$	—	$	1,951

Gains and Losses Related to Derivative Financial Instruments Designated as Hedging Instruments

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are recognized in other comprehensive income (loss) as follows (in thousands):

	Year ended December 31,
Derivatives designated as hedging instruments	2018		2017		2016
Interest rate swaps	$	161	$	17	$	17

Gains and Losses Related to Derivative Financial Instruments Not Designated as Hedging Instruments

The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments are recognized in earnings as follows (in thousands):

		Year Ended December 31,
Derivatives not designated as hedging instruments	Location of Gain or (Loss)	2018		2017		2016
Foreign exchange contracts	Selling, general and administrative expense	$	150	$	(2,592)	$	2,182