DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2020

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Value of Derivative Instruments in the Consolidated Balance Sheets

Fair Value of Derivative Instruments in the Consolidated Balance Sheets as of December 31, 2020 and December 31, 2019
		December 31, 2020				December 31, 2019
	Balance Sheet Location	Derivatives Designated as Hedging Instruments		Derivatives not Designated as Hedging Instruments		Derivatives Designated as Hedging Instruments		Derivatives not Designated as Hedging Instruments
Derivative Assets
Foreign Exchange Contracts	Prepaid and other	$	—	$	322	$	—	$	206
Cross Currency Swap Contract (1)	Prepaid and other	—		—		2,552		—
		$	—	$	322	$	2,552	$	206
Derivative Liabilities
Foreign Exchange Contracts	Accounts payable, accrued and other liabilities	$	—	$	146	$	—	$	401
Cross Currency Swap Contract (1)	Accounts payable, accrued and other liabilities	8,309		—		—		—
		$	8,309	$	146	$	—	$	401

(1)This cross currency swap contract is composed of both an interest component and a foreign exchange component.

Schedule of Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss)

The Effect of Cash Flow Hedge Accounting on Accumulated Other Comprehensive Income (Loss) for the Fiscal Years Ended December 31, 2020 and December 31, 2019
Derivatives in Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative				Location of (Loss) Gain Recognized in Income on Derivatives	Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income on Derivative				Total Amount of Affected Income Statement Line Item
	2020		2019			2020		2019
Cross currency swap contract:
Interest component	$	1,789	$	5,103	Interest expense	$	1,474	$	4,805	$	(33,244)
Foreign exchange component	(10,961)		3,258		Miscellaneous, net	(10,961)		3,258		(4,614)
	$	(9,172)	$	8,361		$	(9,487)	$	8,063

Schedule of Effect of Derivatives Not Designated as Hedging Instruments on the Consolidated Statements of Income

The Effect of Derivatives Not Designated as Hedging Instruments on the Consolidated Statements of Income for the Fiscal Years Ended December 31, 2020 and December 31, 2019
Derivatives Not Designated as Hedging Instruments	Location of (Loss) Gain Recognized in Income on Derivatives	Amount of (Loss) Gain Recognized in Income on Derivatives
		2020		2019
Foreign Exchange Contracts	Other (Expense) Income: Miscellaneous, net	$	337	$	(141)
		$	337	$	(141)

Schedule of Offsetting Derivative Assets and Liabilities

			Gross Amounts Offset in the Statement of Financial Position		Net Amounts Presented in the Statement of Financial Position		Gross Amounts not Offset in the Statement of Financial Position
	Gross Amount						Financial Instruments		Cash Collateral Received		Net Amount
Description
December 31, 2020
Derivative Assets	$	322	$	—	$	322	$	—	$	—	$	322
Total Assets	$	322	$	—	$	322	$	—	$	—	$	322
Derivative Liabilities	$	8,455	$	—	$	8,455	$	—	$	—	$	8,455
Total Liabilities	$	8,455	$	—	$	8,455	$	—	$	—	$	8,455
December 31, 2019
Derivative Assets	$	2,758	$	—	$	2,758	$	—	$	—	$	2,758
Total Assets	$	2,758	$	—	$	2,758	$	—	$	—	$	2,758
Derivative Liabilities	$	401	$	—	$	401	$	—	$	—	$	401
Total Liabilities	$	401	$	—	$	401	$	—	$	—	$	401