XML 28 R17.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Derivatives and Hedging
12 Months Ended
Dec. 31, 2019
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Derivatives and Hedging

Note 9:  Derivatives and Hedging

The Company invoices certain customers in foreign currencies. In order to mitigate the risks associated with fluctuations in exchange rates with the US Dollar, the Company enters into foreign exchange forward contracts for a portion of these sales and has designated these contracts as cash flow hedges.

The notional value of these contracts was $4.9 million at December 31, 2019 and $7.4 million at December 31, 2018. The contracts had a related unrealized loss recorded in accumulated other comprehensive income at December 31, 2019 of less than $0.1 million, and a related unrealized gain of less than $0.1 million at December 31, 2018.