Fair-Value Measurements (Tables)

6 Months Ended

Jun. 30, 2019

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:

	June 30, 2019		December 31, 2018
	Quoted prices in active markets	Significant other observable inputs	Quoted prices in active markets	Significant other observable inputs
(in thousands)	(Level 1)	(Level 2)	(Level 1)	(Level 2)
Fair Value
Assets:
Cash equivalents	$19,738	$—	$14,234	$—
Other Assets:
Common stock of unaffiliated foreign public company(a)	890	—	731	—
Interest rate swaps	—	—	—	4,548(c)
Liabilities:
Other noncurrent liabilities
Interest rate swaps	—	(5,370)(b)	—	—

(a)	Original cost basis $0.5 million.
(b)	Net of $18.9 million receivable floating leg and $24.2 million liability fixed leg.
(c)	Net of $32.0 million receivable floating leg and $27.5 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 (income)/expense, net in the Consolidated Statements of Income were as follows:

	Three months ended June 30,		Six months ended June 30,
(in thousands)	2019	2018	2019	2018
Derivatives not designated as hedging instruments
Foreign currency options losses	$0	$(34)	$0	$(71)