Fair Value Measurement (Tables)

3 Months Ended

Mar. 31, 2020

Fair Value Disclosures [Abstract]

Fair Values of Our Derivative Assets and Liabilities

The fair values of our derivative assets and liabilities and contingent consideration measured on a recurring basis are categorized as follows: 

		March 31, 2020								December 31, 2019
		Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Derivative assets	Foreign exchange contract 1	$	—	$	—	$	—	$	—	$	464	$	—	$	464	$	—
	Interest rate swap agreement 2	$	1,213	$	—	$	1,213	$	—	$	150	$	—	$	150	$	—
Derivative liabilities	Foreign exchange contract 3	$	3,025	$	—	$	3,025	$	—	$	—	$	—	$	—	$	—
	Interest rate swap agreement 3	$	2,976	$	—	$	2,976	$	—	$	995	$	—	$	995	$	—
Earnout liability	Contingent consideration 4	$	4,801	$	—	$	—	$	4,801	$	4,700	$	—	$	—	$	4,700
Derivative equity	Foreign exchange contract 5	$	2,314	$	—	$	2,314	$	—	$	464	$	—	$	464	$	—

¹  Presented in the Condensed Consolidated Balance Sheets in other current assets and based on observable market transactions of spot and forward rates.

²  Presented in the Condensed Consolidated Balance Sheets in other assets and based on observable market transactions of forward rates.

³  Presented in the Condensed Consolidated Balance Sheets in accrued liabilities and other and based on observable market transactions of forward rates.

⁴  Presented in the Condensed Consolidated Balance Sheets in accrued liabilities and other long term liabilities and based on a Monte Carlo valuation model.

⁵  Presented in Condensed Consolidated Balance Sheets in accumulated other comprehensive income and based on observable market transactions of spot and forward rates.

Carrying Amounts and Fair Values of Our Long-Term Debt Obligations

The carrying amounts and fair values of our long-term debt obligations are as follows:

	March 31, 2020				December 31, 2019
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Term loan and security agreement 1	$	155,572	$	144,653	$	156,384	$	157,983

¹  Presented in the Condensed Consolidated Balance Sheets as the current portion of long-term debt of $3.3 million and long-term debt of $152.3 million as of March 31, 2020, and current portion of long-term debt of $3.3 million and long-term debt of $153.1 million as of December 31, 2019.