Financial Instruments and Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2019

The following table shows the fair value measurement at both year-ends December 31, 2019 and 2018. All measurements are based on observable inputs such as interest rates and are classified as Level 2 within the fair value hierarchy:


		December 31
	Fair Value Hierarchy	2019		2018
		(In thousands)
Receivables from hedges/ derivatives		$	8,436	$	9,949
Prepaid expenses and other current assets	Level 2	8,434		9,777
Other financial assets (non-current)	Level 2	1		172

Liabilities from derivatives		$	9,425	$	7,032
Other current liabilities	Level 2	109		2,302
Other liabilities (non-current)	Level 2	9,316		4,730

Term loan	Level 2	$	643,051	$	658,163
Local bank loans	Level 2	$	29,762	$	28,618

- Definition

Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances.

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