XML 45 R35.htm IDEA: XBRL DOCUMENT v3.19.1
Derivative Financial Instruments (Tables)
3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of The Fair Values Of Derivative Instruments
Fair Values of Derivative Instruments
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
March 31, 2019
 
December 31, 2018
 
March 31, 2019
 
December 31, 2018
Derivatives Designated as
Hedging Instruments
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
Foreign currency forward contracts
Prepaid
expenses
and other
current
assets
 
$1,184
 
Prepaid
expenses
and other
current
assets
 
$708
 
Accrued
expenses
and other
current
liabilities
 
$1,133
 
Accrued
expenses
and other
current
liabilities
 
$1,811
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
March 31, 2019
 
December 31, 2018
 
March 31, 2019
 
December 31, 2018
Derivatives Not Designated as
Hedging Instruments
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
Foreign currency forward contracts
Prepaid
expenses
and other
current
assets
 
$598
 
Prepaid
expenses
and other
current
assets
 
$56
 
Accrued
expenses
and other
current
liabilities
 
$55
 
Accrued
expenses
and other
current
liabilities
 
$732
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The Effect of Derivative Instruments on Financial Performance
 
For the Three Months Ended March 31,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain (Loss) Recognized in Other
Comprehensive Income
 
Location of (Loss) Gain Reclassified
from Accumulated Other
Comprehensive Loss into
Income
 
Amount of (Loss) Gain Reclassified from
Accumulated Other 
Comprehensive Loss
 
2019
 
2018
 
 
 
2019
 
2018
Foreign currency forward contracts
$
1,041

 
$
(527
)
 
Operating expenses
 
$
(894
)
 
$
1,219



Schedule Of Effect Of Derivative Instruments On Financial Performance
 
For the Three Months Ended March 31,
 
(In thousands)
Derivatives Not Designated as Hedging Instruments
Location of Loss Recognized in Income on
Derivative
 
Amount of Loss Recognized
in Income on Derivative
 
 
 
2019
 
2018
Foreign currency forward contracts
Other income (expense), net
 
$
(1,396
)
 
$
(3,559
)


Schedule Of Net Notional Foreign Currency Forward Contracts Outstanding
As of March 31, 2019, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):
Foreign Currency
Currency
Denomination
Australian Dollar
AUD 4,900
Brazilian Real
BRL 800
Pounds Sterling
GBP 8,500
Canadian Dollar
CAD 2,850
Chinese Yuan Renminbi
CNY 100,500
Danish Krone
DKK 14,182
Euro
EUR 2,564
Hong Kong Dollar
HKD 36,600
Indian Rupee
INR 448,000
Japanese Yen
JPY 1,513,000
Korean Won
KRW 830,000
New Zealand Dollar
NZD 200
Singapore Dollar
SGD 20,600
Swiss Franc
CHF 45,850