Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2020

Fair Value Disclosures [Abstract]

Schedules of concentration of risk

The maximum exposure to credit risk at the end of each reported period is represented by the carrying amount of financial assets and summarized in the following table:

	December 31, 2019		September 30, 2020
	(in thousands)
Trade receivables, net of allowance	481,732		335,583
Other taxes	60,924		58,123
Other current assets	17,225		19,278
Non-current financial assets	21,747		20,174
Marketable Securities	—		23,416
Total	$	581,628	$	456,574

Schedule of financial liabilities

	December 31, 2019		September 30, 2020
	(in thousands)
Trade payables	$	390,277	$	293,480
Other taxes	50,099		45,998
Employee-related payables	74,781		68,709
Other current liabilities	35,886		43,299
Financial liabilities	4,405		167,077
Total	$	555,448	$	618,563

Schedule of derivative financial instruments

	December 31, 2019		September 30, 2020
Derivative Liabilities:
Included in financial liabilities - current portion	$	1,284	$	59

Schedule of assets and liabilities carried at fair value

	December 31, 2019		September 30, 2020
	(in thousands)
Cash equivalents	$	189,119	$	201,240
Cash on hand	229,644		425,504
Total cash and cash equivalents	$	418,763	$	626,744

The following table presents for each reporting period, the breakdown of the fair value of marketable securities:

	December 31, 2019		September 30, 2020
	(in thousands)
Term Deposits	$	—	$	23,416
Marketable Securities	—		$	23,416

Debt Securities, Available-for-sale

The following table classifies our marketable securities by contractual maturities:

	September 30, 2020
	(in thousands)
Due in one year	$	—
Due in one to five years	$	23,416
Total	$	23,416