DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 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:

	September 30, 2019						December 31, 2018
	Derivative Assets			Derivative Liabilities			Derivative Assets			Derivative Liabilities
	(in thousands)
Forward foreign currency exchange contracts	$	771		$	(1,704	)	$	943		$	(2,256	)
Netting of counterparty contracts	(771		)	771			(943		)	943
Foreign currency forward contract derivatives	$	—		$	(933	)	$	—		$	(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.

	September 30, 2019					December 31, 2018
	Notional		Fair Value			Notional		Fair Value
	(in thousands)
Euro	$	45,086	$	(532	)	$	34,959	$	(92	)
Singapore Dollar	36,023		(489		)	34,584		254
Japanese Yen	22,337		75			25,561		(178		)
British Pound Sterling	10,377		(54		)	22,185		183
South Korean Won	13,297		128			9,408		63
Other currencies	38,762		(61		)	67,885		(1,543		)
Total	$	165,882	$	(933	)	$	194,582	$	(1,313	)
Latest maturity date	October 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 September 30,						Nine Months Ended September 30,
	2019			2018			2019			2018
	(in thousands)
Foreign currency transaction gains (losses)	$	1,743		$	(1,382	)	$	835		$	(894	)
Foreign currency forward exchange contracts gains (losses)	(1,158		)	1,615			(1,728		)	2,481
Foreign currency gains (losses), net	$	585		$	233		$	(893	)	$	1,587