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Fair-Value Measurements (Tables)
12 Months Ended
Dec. 31, 2017
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Assets and Liabilities

The following table presents the fair-value hierarchy for our Level 1 and Level 2 financial and non-financial assets and liabilities, which are measured at fair value on a recurring basis:

 

    December 31, 2017       December 31, 2016    
    Quoted prices in active markets   Significant other observable inputs   Unobservable inputs   Quoted prices in active markets   Significant other observable inputs   Unobservable inputs
(in thousands)   (Level 1)   (Level 2)   (Level 3)   (Level 1)   (Level 2)   (Level 3)
Fair Value                        
Assets:                        
   Cash equivalents    $13,601   $-   $-    $8,468   $-   $-
   Other Assets:                        
      Common stock of foreign public company(a) 999   -   -              762   -   -
      Interest rate swaps   -   313 (b) -   -            5,784 (c) -
Liabilities:                        
   Other noncurrent liabilities:                        
      Interest rate swaps   -   -   -   -   -   -
                         

 

(a)Original cost basis $0.5 million.

(b)Net of $34.9 million receivable floating leg and $34.6 million liability fixed leg

(c)Net of $21.4 million receivable floating leg and $15.6 million liability fixed leg
Schedule of (Losses)/Gains on Changes in Fair Value of Derivative Instruments

Gains/(losses) related to changes in fair value of derivative instruments that were recognized in Other expense/(income), net in the Consolidated Statements of Income were as follows:

 

   Years ended December 31,
(in thousands)  2017  2016  2015
          
Derivatives not designated as hedging instruments Foreign currency options  ($131)   $202  ($121)