Other Income (Expense), Net

3 Months Ended

Mar. 31, 2016

Other Income and Expenses [Abstract]

Other Income (Expense), Net

Other Income (Expense), Net

Other income (expense), net consisted of the following:

	Three Months Ended March 31,
(In thousands)	2016			2015
Net gain (loss) on foreign currency exchange contracts (1)	$	(199	)	$	1,034
Net gain (loss) on foreign currency exchange transactions	911			(854		)
Other income (expense)	8			50
Other income (expense), net	$	720		$	230

⁽¹⁾  This represents the gains (losses) incurred on foreign currency hedging derivatives (see Note 18 for further details).