Foreign Currency Hedging (Tables)

12 Months Ended

Dec. 31, 2018

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of the effect of derivative instruments in the Consolidated Statements of Income and Consolidated Statements of Comprehensive Income

The effect of the Company’s derivative instruments in its Consolidated Statements of Operations and its Consolidated Statements of Comprehensive Income were as follows:

	Year Ended December 31,
(in thousands)	2018		2017		2016
Net gain (loss) recognized in Other Comprehensive Income, net of tax (1)	$	—	$	—	$	—
Gain (loss) reclassified from accumulated Other Comprehensive Income into “Queen et al. royalty revenue,” net of tax (2)	$	—	$	—	$	1,821

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(1) Net change in the fair value of the effective portion of cash flow hedges classified in Other Comprehensive Income

(2) Effective portion classified as royalty revenue