Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2019

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of open foreign currency contracts

At March 31, 2019 and December 31, 2018, the Company had the following open foreign currency contracts (in thousands):

	March 31, 2019				December 31, 2018
Foreign Currency	Notional Amounts (in U.S. Dollars)		Net Unrealized Gain		Notional Amounts (in U.S. Dollars)		Net Unrealized Gain
Australian Dollar	$	8,729	$	57	$	—	$	—
Canadian Dollar	100,035		1,062		55,133		2,564
Mexican Peso	11,570		857		19,222		564
Total	$	120,334	$	1,976	$	74,355	$	3,128

Schedule of open interest rate swap contracts

At March 31, 2019 and December 31, 2018, the Company had the following open interest rate swap contracts (in thousands):

		March 31, 2019					December 31, 2018
Effective Date	Termination Date	Notional Amounts		Net Unrealized Gain (Loss)			Notional Amounts		Net Unrealized Gain (Loss)
May 2, 2018	May 4, 2021	$	25,000	$	235		$	25,000	$	397
September 28, 2018	September 30, 2019	250,000		(221		)	250,000		(163		)
September 30, 2019	September 30, 2023	150,000		(4,757		)	150,000		(2,899		)
Total		$	425,000	$	(4,743	)	$	425,000	$	(2,665	)

Schedule of carrying values of derivative instruments

The table below summarizes the carrying values of derivative instruments as of March 31, 2019 and December 31, 2018 (in thousands):

	Carrying Values of Derivative Instruments as of March 31, 2019
	Fair Value— Assets		Fair Value— (Liabilities)			Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	1,976	$	—		$	1,976
Interest rate contracts	—		(4,743		)	(4,743		)
Total derivatives designated as hedging instruments	$	1,976	$	(4,743	)	$	(2,767	)

	Carrying Values of Derivative Instruments as of December 31, 2018
	Fair Value— Assets		Fair Value— (Liabilities)			Derivative Net Carrying Value
Derivatives designated as hedging instruments
Foreign exchange contracts	$	3,128	$	—		$	3,128
Interest rate contracts	—		(2,665		)	(2,665		)
Total derivatives designated as hedging instruments	$	3,128	$	(2,665	)	$	463