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FAIR VALUE (Tables)
9 Months Ended
Sep. 30, 2019
Fair Value Disclosures [Abstract]  
Summary of assets and liabilities measured at fair value on a recurring basis
The following table provides a summary of assets and liabilities as of September 30, 2019, measured at fair value on a recurring basis:
Description
 
Balance as of
September 30, 2019
 
Quoted Prices
in Active
Markets for
Identical Assets
or Liabilities
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 

 
 

 
 

 
 

Foreign exchange contracts
 
$
8,928

 
$

 
$
8,928

 
$

Interest rate swap agreements
 
4,493

 

 
4,493

 

Total assets
 
$
13,421

 
$

 
$
13,421

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 

 
 

 
 

 
 

Foreign exchange contracts
 
3,280

 

 
3,280

 

Contingent consideration
 
470

 

 

 
470

Deferred compensation
 
28,616

 

 
28,616

 

Total liabilities
 
$
32,366

 
$

 
$
31,896

 
$
470

The following table provides a summary of assets and liabilities as of December 31, 2018, measured at fair value on a recurring basis:
Description
 
Balance as of December 31, 2018
 
Quoted Prices
in Active
Markets for
Identical Assets
or Liabilities
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Assets:
 
 

 
 

 
 

 
 

Foreign exchange contracts
 
$
7,022

 
$

 
$
7,022

 
$

Interest rate swap agreements
 
302

 

 
302

 

Total assets
 
$
7,324

 
$

 
$
7,324

 
$

 
 
 
 
 
 
 
 
 
Liabilities:
 
 

 
 

 
 

 
 

Foreign exchange contracts
 
$
1,233

 
$

 
$
1,233

 
$

Interest rate swap agreements
 
7,033

 

 
7,033

 

Contingent considerations
 
2,100

 

 

 
2,100

Deferred compensation
 
26,524

 

 
26,524

 

Total liabilities
 
$
36,890

 
$

 
$
34,790

 
$
2,100