Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 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 ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were:

	June 30, 2019						December 31, 2018
	Derivative Assets			Derivative Liabilities			Derivative Assets			Derivative Liabilities
	(in thousands)
Forward foreign currency exchange contracts	$	862		$	(1,371	)	$	943		$	(2,256	)
Netting of counterparty contracts	(862		)	862			(943		)	943
Foreign currency forward contract derivatives	$	—		$	(509	)	$	—		$	(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.

	June 30, 2019					December 31, 2018
	Notional		Fair Value			Notional		Fair Value
	(in thousands)
Euro	$	35,271	$	116		$	34,959	$	(92	)
Singapore Dollar	38,735		16			34,584		254
Japanese Yen	27,737		(732		)	25,561		(178		)
British Pound Sterling	9,952		145			22,185		183
South Korean Won	15,257		195			9,408		63
Other currencies	40,351		(249		)	67,885		(1,543		)
Total	$	167,303	$	(509	)	$	194,582	$	(1,313	)
Latest maturity date	July 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 June 30,						Six Months Ended June 30,
	2019			2018			2019			2018
	(in thousands)
Foreign currency transaction gains (losses)	$	525		$	(563	)	$	(908	)	$	488
Foreign currency forward exchange contracts gains (losses)	(786		)	846			(570		)	866
Foreign currency gains (losses), net	$	(261	)	$	283		$	(1,478	)	$	1,354