Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of open foreign currency contracts

At September 30, 2019 and December 31, 2018, the Company had the following open foreign currency contracts (in thousands):

	September 30, 2019				December 31, 2018
Foreign Currency	Notional Amounts (in U.S. Dollars)		Net Unrealized Gain (Loss)		Notional Amounts (in U.S. Dollars)		Net Unrealized Gain (Loss)
Australian Dollar	$	8,695	$	288	$	—	$	—
Canadian Dollar	136,559		33		55,133		2,564
Mexican Peso	14,321		643		19,222		564
Total	$	159,575	$	964	$	74,355	$	3,128

Schedule of open interest rate swap contracts

At September 30, 2019 and December 31, 2018, the Company had the following open interest rate swap contracts (in thousands):

		September 30, 2019					December 31, 2018
Effective Date	Termination Date	Notional Amounts		Net Unrealized Gain (Loss)			Notional Amounts		Net Unrealized Gain (Loss)
May 2, 2018	May 4, 2021	$	25,000	$	(98	)	$	25,000	$	397
September 28, 2018	September 30, 2019	—		—			250,000		(163		)
September 30, 2019	September 30, 2023	150,000		(9,119		)	150,000		(2,899		)
May 3, 2019	May 3, 2020	100,000		(372		)	—		—
Total		$	275,000	$	(9,589	)	$	425,000	$	(2,665	)

Schedule of carrying values of derivative instruments

The table below summarizes the carrying values of derivative instruments as of September 30, 2019 and December 31, 2018 (in thousands):

	Carrying Values of Derivative Instruments as of September 30, 2019
	Fair Value— Assets		Fair Value— (Liabilities)			Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	964	$	—		$	964
Interest rate contracts	—		(9,589		)	(9,589		)
Total derivatives designated as hedging instruments	$	964	$	(9,589	)	$	(8,625	)

	Carrying Values of Derivative Instruments as of December 31, 2018
	Fair Value— Assets		Fair Value— (Liabilities)			Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	3,128	$	—		$	3,128
Interest rate contracts	—		(2,665		)	(2,665		)
Total derivatives designated as hedging instruments	$	3,128	$	(2,665	)	$	463