FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2017

FAIR VALUE AND DERIVATIVE INSTRUMENTS

Schedule of carrying amount, fair values and classification of financial instruments measured or disclosed at fair value on a recurring basis

The following table presents the carrying amount, fair values, and classification level within the fair value hierarchy of financial instruments measured or disclosed at fair value on a recurring basis (in thousands):

	September 30, 2017				December 31, 2016				Level of Fair Value Hierarchy
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Assets:
Cash and cash equivalents	$	32,327	$	32,327	$	28,255	$	28,255	Level 1
Restricted cash	2,115		2,115		2,923		2,923		Level 1
Foreign currency forward contracts	404		404		308		308		Level 2
Liabilities:
Notes payable to bank	—		—		703		703		Level 2
Variable interest rate debt	—		—		5,986		5,986		Level 2
Foreign currency forward contracts	1,254		1,254		566		566		Level 2