Annual report pursuant to Section 13 and 15(d)

Other Expenses, Net

v3.19.3.a.u2
Other Expenses, Net
 12 Months Ended
Dec. 31, 2019
Other Income and Expenses [Abstract]  
Other Expenses, Net
OTHER EXPENSES, NET
The components of other expenses, net, are as follows: 
 
Year Ended December 31,
 
2019
 
2018
 
2017
Gain on derivatives
$
(1,068
)
 
$
(121
)
 
$
(271
)
Interest expense, net of interest income
13,841

 
13,132

 
8,086

Amortization of deferred financing fees, net
2,229

 
1,894

 
1,350

Foreign currency transaction (gain) loss
59

 
1,804

 
(1,294
)
Other expenses, net
$
15,061

 
$
16,709

 
$
7,871


Estimated amortization expense for existing deferred financing fees for the next five succeeding fiscal years is as follows:
 
 
Estimated Amortization
2020
 
1,484

2021
 
1,083

2022
 
881

2023
 
674

2024
 
532