FAIR VALUE (Tables)

3 Months Ended

Mar. 31, 2018

FAIR VALUE

Schedule of fair values of financial assets and liabilities

As of March 31, 2018, the fair values of our financial assets and liabilities were categorized as follows:

	Total		Level 1		Level 2		Level 3
Assets
Foreign exchange contracts (1)	$	289	$	—	$	289	$	—
Total assets at fair value	$	289	$	—	$	289	$	—
Liabilities
Foreign exchange contracts (1)	$	1,106	$	—	$	1,106	$	—
Cross currency swap contract (1)		23,530		—		23,530		—
Total liabilities at fair value	$	24,636	$	—	$	24,636	$	—

As of December 31, 2017, the fair values of our financial assets and liabilities were categorized as follows:

	Total		Level 1		Level 2		Level 3
Assets
Foreign exchange contracts (1)	$	663	$	—	$	663	$	—
Total assets at fair value	$	663	$	—	$	663	$	—
Liabilities
Foreign exchange contracts (1)	$	1,604	$	—	$	1,604	$	—
Cross currency swap contract (1)		16,309		—		16,309		—
Total liabilities at fair value	$	17,913	$	—	$	17,913	$	—

(1) Market approach valuation technique based on observable market transactions of spot and forward rates.