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Derivatives (Tables)
6 Months Ended
Jun. 30, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Total Net Fair Value of Derivatives
The following table sets forth the total net fair value of derivatives:  
 
 
June 30, 2019
 
December 31, 2018
 
 
Fair Value Measurement Using
 
Total Balance
 
Fair Value Measurement Using
 
Total Balance
(In thousands)
 
Level 1
 
Level 2
 
Level 3
 
 
Level 1
 
Level 2
 
Level 3
 
Foreign currency exchange contracts
 
$

 
$
(37
)
 
$

 
$
(37
)
 
$

 
$
(249
)
 
$

 
$
(249
)
Foreign Currency Exchange Contracts
Details of foreign currency exchange contracts held were as follows:
Date Held
 
Currency
 
Position Held
 
Notional Value
(in millions)
 
Forward Rate
 
Unrealized Gain/(Loss) Recorded at Balance Sheet
Date
(in thousands)(1)
 
Settlement Date
June 30, 2019
 
USD/Brazilian Real
 
USD
 
$
2.0

 
3.8677

 
$
(19
)
 
July 26, 2019
June 30, 2019
 
USD/Euro
 
USD
 
$
29.0

 
1.1394

 
$
(17
)
 
July 26, 2019
December 31, 2018
 
USD/Euro
 
USD
 
$
20.0

 
1.1421

 
$
(97
)
 
January 25, 2019
December 31, 2018
 
USD/Chinese Yuan Renminbi
 
USD
 
$
27.0

 
6.8969

 
$
(116
)
 
January 25, 2019
December 31, 2018
 
USD/Chinese Yuan Renminbi
 
USD
 
$
5.0

 
6.9245

 
$
(41
)
 
January 25, 2019
December 31, 2018
 
USD/Brazilian Real
 
USD
 
$
1.0

 
3.8651

 
$
5

 
January 25, 2019
(1) 
Unrealized gains on foreign currency exchange contracts are recorded in prepaid expenses and other current assets. Unrealized losses on foreign currency exchange contracts are recorded in other accrued liabilities.