Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments by Contract Type and Location of Asset and/or Liability on Consolidated Condensed Balance Sheets

The following table summarizes the fair value of the Company's derivative instruments as well as the location of the asset and/or liability on the consolidated condensed balance sheets at September 30, 2019 and December 31, 2018 (in thousands):

	Balance Sheet Location	Fair Value of Asset Derivatives
		September 30, 2019		December 31, 2018
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Other current assets	$	370	$	54
Cross-currency debt swap agreements	Other current assets	5,429		—
	Other assets	5,013		—
Interest rate hedge agreements	Other current assets	285		—
Total		$	11,097	$	54
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Other current assets	$	2,804	$	4,485

	Balance Sheet Location	Fair Value of Liability Derivatives
		September 30, 2019		December 31, 2018
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	30	$	39
Cross-currency debt swap agreements	Accounts payable and accrued expenses	151		—
Interest rate hedge agreements	Accounts payable and accrued expenses	1,727		—
	Other long-term liabilities	8,648		—
Total		$	10,556	$	39
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	337	$	197

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following tables summarize the net effect of all cash flow hedges on the consolidated condensed financial statements for the three and nine months ended September 30, 2019 (in thousands):

	Gain/(Loss) Recognized in Other Comprehensive Income (Effective Portion)
	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives designated as cash flow hedging instruments	2019			2018		2019			2018
Foreign currency forward contracts	$	464		$	256	$	1,037		$	394
Cross-currency debt swap agreements	13,133			—		14,297			—
Interest rate hedge agreements	(2,662		)	—		(10,559		)	—
	$	10,935		$	256	$	4,775		$	394

	Gain/(Loss) Reclassified from Other Comprehensive Income into Earnings (Effective Portion)
	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives designated as cash flow hedging instruments	2019			2018		2019			2018
Foreign currency forward contracts	$	556		$	168	$	930		$	(32	)
Cross-currency debt swap agreements	9,868			—		12,119			—
Interest rate hedge agreements	(150		)	—		(194		)	—
	$	10,274		$	168	$	12,855		$	(32	)

Location of Gains in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type

The following table summarizes the location of net gains and losses in the consolidated condensed statements of operations that were recognized during the three and nine months ended September 30, 2019 and 2018, respectively, in addition to the derivative contract type (in thousands):

	Location of Net Gain Recognized in Income on Derivative Instruments	Amount of Net Gain Recognized in Income on  Derivative Instruments
Derivatives not designated as hedging instruments		Three Months Ended September 30,				Nine Months Ended September 30,
		2019		2018		2019		2018
Foreign currency forward contracts	Other expense, net	$	4,035	$	1,802	$	5,476	$	5,161