Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Assets and Liabilities

The fair values of derivative assets and liabilities, net, all of which are classified as Level 2, reported within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were:

	March 31, 2019						December 31, 2018
	Derivative Assets			Derivative Liabilities			Derivative Assets			Derivative Liabilities
	(in thousands)
Forward foreign currency exchange contracts	$	1,173		$	(1,123	)	$	943		$	(2,256	)
Netting of counterparty contracts	(1,123		)	1,123			(943		)	943
Foreign currency forward contract derivatives	$	50		$	—		$	—		$	(1,313	)

Summary of Derivative Financial Instruments Notional Amounts on Outstanding Positions

The notional amounts of outstanding foreign currency forward exchange contracts presented below report the total U.S. Dollar equivalent position and the net contract fair values for each foreign currency position.

	March 31, 2019					December 31, 2018
	Notional		Fair Value			Notional		Fair Value
	(in thousands)
Euro	$	62,796	$	(16	)	$	34,959	$	(92	)
Singapore Dollar	38,274		(54		)	34,584		254
Japanese Yen	26,188		477			25,561		(178		)
British Pound Sterling	7,478		(111		)	22,185		183
South Korean Won	15,838		137			9,408		63
Other currencies	45,842		(383		)	67,885		(1,543		)
Total	$	196,416	$	50		$	194,582	$	(1,313	)
Latest maturity date	April 2019					January 2019

Schedule of Gains / Losses from Foreign Currency Transactions and Derivative Contracts

Amounts reported in ‘Foreign currency gains (losses), net’ in the condensed consolidated statements of operations include both realized and unrealized gains (losses) from foreign currency transactions and derivative contracts, and were:

	Three Months Ended March 31,
	2019			2018
	(in thousands)
Foreign currency transaction gains (losses)	$	(1,433	)	$	1,051
Foreign currency forward exchange contracts gains	216			20
Foreign currency gains (losses), net	$	(1,217	)	$	1,071