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FAIR VALUE (Tables)
12 Months Ended
Dec. 31, 2018
FAIR VALUE  
Schedule of fair values of financial assets and liabilities

As of December 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)

 

$

259

 

$

 

$

259

 

$

 

Total assets at fair value

 

$

259

 

$

 

$

259

 

$

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange contracts (1)

 

$

331

 

$

 

$

331

 

$

 

Cross currency swap contract (1)

 

 

1,040

 

 

 —

 

 

1,040

 

 

 —

 

Total liabilities at fair value

 

$

1,371

 

$

 

$

1,371

 

$

 

 

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.