Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Outstanding Swaps

The following table summarizes outstanding swaps that the Company has recorded at September 30, 2018. 

		Initial US$
Date	Derivative	Notional
Entered	Financial	Amount		Floating Leg		Floating Leg	Settlement	Effective
into	Instrument	(thousands)		(swap counterparty)	Fixed Rate	(Company)	Dates	Period of Swap
12/21/2016	Cross currency interest rate swap	$	100,000	Variable rate 1-month USD Libor plus 1.50% to 3/31/17 and 1.75% thereafter	1.027% EUR	N/A	Monthly on the last banking day of each month commencing December 30, 2016	12/23/2016 - 12/31/2019
12/21/2016	Cross currency interest rate swap		40,000	Variable rate 1-month USD Libor plus 1.50% to 3/31/17 and 1.75% thereafter	N/A	Variable rate 1-month EURIBOR, floored at 0.00%, plus 0.920%	Monthly on the last banking day of each month commencing December 30, 2016	12/23/2016 - 12/31/2018
1/31/2017	Interest rate swap		50,000	Variable rate 1-month USD Libor	1.625% USD	N/A	Monthly on the last banking day of each month commencing February 28, 2017	1/31/2017 - 1/31/2020

Summary of Fair Value Level 2 Inputs of Company's Derivatives

The following table summarizes the location and fair value, using Level 2 inputs (see Note 5, Fair Value of Financial Instruments, for a description of the fair value levels), of the Company's derivatives designated and not designated as hedging instruments in the unaudited condensed consolidated balance sheets (in thousands).

		September 30,		December, 31
	Balance Sheet Location	2018		2017
Designated as hedging instruments:
Cross currency swap agreements	Accruals and other liabilities	$	11,458	$	15,569
Interest rate swap agreement	Other long-term assets		(717)		(345)
Not designated as hedging instruments:
Cross currency swap agreements	Accruals and other liabilities		3,415		4,597
		$	14,156	$	19,821

Summary of (Gain) Loss Reclassified From Accumulated Other Comprehensive Loss Earnings For Derivatives

The following table summarizes the location of (gain) loss reclassified from Accumulated other comprehensive loss into earnings for derivatives designated as hedging instruments and the location of (gain) loss for our derivatives not designated as hedging instruments in the unaudited condensed consolidated statements of income (in thousands).

		September 30,			December, 31
	Income Statement Location	2018			2017
Designated as hedging instruments:
Cross currency swap agreements	Other non-operating (income) expense, net	$	(2,969	)	$	13,242
Not designated as hedging instruments:
Cross currency swap agreements	Other non-operating (income) expense, net		(1,182	)		3,708
		$	(4,151	)	$	16,950