Derivative Instruments and Hedging Activities (Note)

12 Months Ended

Dec. 31, 2012

Derivative Instruments and Hedges, Assets [Abstract]

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

As of December 31, 2012 and 2011, the Company had foreign currency forward contracts outstanding with a notional value of $128.2 million and $67.8 million, respectively, primarily in Australian dollars, euros and U.S. dollars, which were not designated as hedges and had a weighted average remaining maturity of three days and four days, respectively. Although the Company enters into foreign currency contracts to offset foreign currency exposure related to the notional value of money transfer transactions collected in currencies other than the U.S. dollar and, on occasion, short-term loans payable in currencies other than the U.S. Dollar, these contracts are not designated as hedges under ASC Topic 815, Derivatives and Hedging. This is mainly due to the relatively short duration of the contracts, typically 1 to 14 days, and the frequency with which the Company enters into them. Due to the short duration of the contracts and the Company’s credit profile, the Company is generally not required to post collateral with respect to its foreign currency forward contracts.

The Company has an office lease in a foreign country that requires payment in a currency that is not the functional currency of either party to the lease or the Company’s reporting currency. Therefore, the lease contains an embedded derivative per ASC Topic 815 and the fair value of the embedded derivative is recorded in the Consolidated Balance Sheets.

The required tabular disclosures for derivative instruments are as follows:

		Fair Values of Derivative Instruments as of
(in thousands)	Consolidated Balance Sheet Location	December 31, 2012			December 31, 2011
Derivatives not designated as hedging instruments under ASC Topic 815
		Liability Derivatives
Foreign currency derivative contracts — gross gains	Other current liabilities	$	177		$	100
Foreign currency derivative contracts — gross losses	Other current liabilities	(142		)	(178		)
Embedded derivative in foreign lease	Other long-term liabilities	—			(141		)
Total derivatives		$	35		$	(219	)

		Amount of Gain (Loss) Recognized in Income on Derivative
	Location of Gain (Loss) Recognized in Income on Derivative	Year Ended December 31,
(in thousands)		2012			2011			2010
Derivatives not designated as hedging instruments under ASC Topic 815
Foreign currency derivative contracts	Foreign currency exchange loss, net	$	(618	)	$	(23	)	$	1,055
Embedded derivative in foreign lease	Foreign currency exchange gain, net	141			3			76
Total		$	(477	)	$	(20	)	$	1,131

See Note 17, Financial Instruments and Fair Value Measurements, for the determination of the fair values of derivatives.