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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]    
Schedule of Notional Amounts of Outstanding Derivative Positions Table
Derivative Contracts
 
U.S. Dollar Notional Amount
 
Traded Exchange Rate
 
Settlement Date

 
(In Thousands)
 
 
 
 
Forward purchase euro
 
$
3,571

 
1.18

 
3/15/2019
Forward purchase euro
 
$
3,585

 
1.18
 
3/15/2019
Forward sale euro
 
$
1,930

 
1.14

 
1/17/2019
Forward purchase pounds sterling
 
$
948

 
1.26

 
1/17/2019
Forward sale Canadian dollar
 
$
5,942

 
1.35
 
1/17/2019
Forward purchase Mexican peso
 
$
1,086

 
20.25

 
1/17/2019
Forward sale Norwegian krone
 
$
975

 
8.72

 
1/17/2019
Forward sale Mexican peso
 
$
4,783

 
20.07
 
1/17/2019
Derivative Contracts
 
US Dollar Notional Amount
 
Traded Exchange Rate
 
Settlement Date

 
(In Thousands)
 

 

Forward purchase euro
 
$
1,743

 
1.19
 
1/18/2018
Forward purchase pounds sterling
 
$
5,998

 
1.33
 
1/18/2018
Forward sale Canadian dollar
 
$
3,756

 
1.29
 
1/18/2018
Forward purchase Mexican peso
 
$
6,974

 
19.28
 
1/18/2018
Forward sale Norwegian krone
 
$
4,131

 
8.40
 
1/18/2018
Forward sale Mexican peso
 
$
6,067

 
19.28
 
1/18/2018
Derivatives Designated as Hedging Instruments Table
Derivative Contracts
 
US Dollar Notional Amount
 
Traded Exchange Rate
 
Settlement Date

 
(In Thousands)
 

 

Forward purchase euro
 
$
1,743

 
1.19
 
1/18/2018
Forward purchase pounds sterling
 
$
5,998

 
1.33
 
1/18/2018
Forward sale Canadian dollar
 
$
3,756

 
1.29
 
1/18/2018
Forward purchase Mexican peso
 
$
6,974

 
19.28
 
1/18/2018
Forward sale Norwegian krone
 
$
4,131

 
8.40
 
1/18/2018
Forward sale Mexican peso
 
$
6,067

 
19.28
 
1/18/2018


Under this program, we and CCLP may enter into similar derivative contracts from time to time. Although contracts pursuant to this program will serve as an economic hedge of the cash flow of our currency exchange risk exposure, they are not formally designated as hedge contracts or qualify for hedge accounting treatment. Accordingly, any change in the fair value of these derivative instruments during a period will be included in the determination of earnings for that period.

The fair values of foreign currency derivative instruments are based on quoted market values (a Level 2 fair value measurement). The fair values of our and CCLP's foreign currency derivative instruments as of December 31, 2018 and 2017, are as follows:
Foreign currency derivative instruments
Balance Sheet Location
 
 Fair Value at
December 31, 2018
 Fair Value at
December 31, 2017

 

 
(In Thousands)
Forward purchase contracts
 
Current assets
 
$
41

$
111

Forward sale contracts
 
Current assets
 
76

130

Forward sale contracts
 
Current liabilities
 
(126
)
(255
)
Forward purchase contracts
 
Current liabilities
 
(168
)
(113
)
Total
 

 
$
(177
)
$
(127
)