Financial Derivatives (Tables)

3 Months Ended

Mar. 31, 2020

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Deferred Gains (Losses) and Related Taxes on Cash Flow Hedges

The deferred gains (losses) and related taxes on the Company’s cash flow hedges recorded in “Accumulated other comprehensive income (loss)” (“AOCI”) in the accompanying Condensed Consolidated Balance Sheets were as follows (in thousands):

	March 31, 2020			December 31, 2019
Deferred gains (losses) in AOCI	$	976		$	2,221
Tax on deferred gains (losses) in AOCI		(28	)		69
Deferred gains (losses) in AOCI, net of taxes	$	948		$	2,290
Deferred gains (losses) expected to be reclassified to "Revenues"    from AOCI during the next twelve months	$	976

Outstanding Foreign Currency Forward Contracts and Options

The Company had the following outstanding foreign currency forward contracts and options (in thousands):

	March 31, 2020			December 31, 2019
Contract Type	Notional Amount in USD		Settle Through Date	Notional Amount in USD		Settle Through Date
Cash flow hedges:
Options:
US Dollars/Philippine Pesos	$	70,000	December 2020	$	74,000	December 2020
Forwards:
US Dollars/Costa Rican Colones		45,000	December 2020		42,000	December 2020
Euros/Hungarian Forints		2,575	December 2020		—		—
Euros/Romanian Leis		10,951	December 2020		—		—
Non-designated hedges:
Forwards		11,102	November 2021		19,295	November 2021

Derivative Instruments Fair Value

The following tables present the fair value of the Company’s derivative instruments included in the accompanying Condensed Consolidated Balance Sheets (in thousands):

		Derivative Assets
	Balance Sheet Location	March 31, 2020		December 31, 2019
Derivatives designated as cash    flow hedging instruments:
Foreign currency contracts	Other current assets	$	2,281	$	3,051
Derivatives not designated as    hedging instruments:
Foreign currency contracts	Other current assets		121		322
Foreign currency contracts	Deferred charges and other assets		108		234
Total derivative assets		$	2,510	$	3,607
		Derivative Liabilities
	Balance Sheet Location	March 31, 2020		December 31, 2019
Derivatives designated as cash    flow hedging instruments:
Foreign currency contracts	Other accrued expenses and current liabilities	$	652	$	138
Derivatives not designated as    hedging instruments:
Foreign currency contracts	Other accrued expenses and current liabilities		45		113
Total derivative liabilities		$	697	$	251

Effect of the Company's Derivative Instruments

The following table presents the effect of the Company’s derivative instruments included in the accompanying condensed consolidated financial statements (in thousands):

	Location of Gains	Three Months Ended March 31,
	(Losses) in Net Income	2020			2019
Revenues		$	411,166		$	402,925
Derivatives designated as cash    flow hedging instruments:
Gains (losses) recognized in AOCI:
Foreign currency contracts			(311	)		1,183
Gains (losses) reclassified from AOCI:
Foreign currency contracts	Revenues		926			(501	)
Derivatives not designated as    hedging instruments:
Gains (losses) recognized from foreign       currency contracts	Other income (expense), net	$	(246	)	$	(33	)