Derivatives (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Primary Net Hedging Positions and Corresponding Fair Values

The following tables provide a summary of the primary net hedging positions and corresponding fair values held as of March 31, 2013 and December 31, 2012:

	March 31, 2013
Currency Hedged (Buy/Sell)	Gross Notional Value		Fair Value(1) Asset/(Liability)
U.S. Dollar/Japanese Yen	$	8,962	$	1,291
U.S. Dollar/South Korean Won		12,684		(183	)
U.S. Dollar/Euro		2,669		38
U.S. Dollar/U.K. Pound Sterling		2,281		120
Total	$	26,596	$	1,266

	December 31, 2012
Currency Hedged (Buy/Sell)	Gross Notional Value		Fair Value(1) Asset/(Liability)
U.S. Dollar/Japanese Yen	$	13,992	$	961
U.S. Dollar/South Korean Won		19,374		(1,180	)
U.S. Dollar/Euro		4,217		(57	)
U.S. Dollar/U.K. Pound Sterling		3,865		(73	)
Total	$	41,448	$	(349	)

(1) Represents the fair value of the net asset / (liability) amount included in the consolidated balance sheets.

Summary of Fair Value Amounts of Company's Derivative Instruments

The following table provides a summary of the fair value amounts of the Company’s derivative instruments:

Derivatives Designated as Hedging Instruments	March 31, 2013			December 31, 2012
Derivative assets:
Forward exchange contracts	$	1,566		$	961
Derivative liabilities:
Forward exchange contracts		(300	)		(1,310	)
Total net derivative asset (liability) designated as hedging instruments(1)	$	1,266		$	(349	)

(1) The derivative assets of $1,566 and derivative liabilities of $300 are classified in other current assets and other current liabilities, respectively, in the consolidated balance sheet as of March 31, 2013. The derivative assets of $961 and derivative liabilities of $1,310 are classified in other current assets and other current liabilities, respectively, in the consolidated balance sheet as of December 31, 2012. These foreign exchange contracts are subject to a master netting agreement with one financial institution however, the Company has elected to record these contracts gross in the balance sheet.

Summary of Gains (Losses) on Derivatives Designated as Hedging Instruments

The following table provides a summary of the gains (losses) on derivatives designated as hedging instruments:

	Three Months Ended March 31,
Derivatives Designated as Cash Flow Hedging Relationships	2013		2012
Forward exchange contracts:
Net gain recognized in OCI(1)	$	1,779	$	1,334
Net gain (loss) reclassified from OCI into income(2)		203		(513	)

(1) Net change in the fair value of the effective portion classified in OCI.

(2) Effective portion classified in cost of products for the three months ended March 31, 2013 and in selling, general and administrative expenses for the three months ended March 31, 2012.

Summary of Gains on Derivatives Not Designated as Hedging Instruments

The following table provides a summary of gains on derivatives not designated as hedging instruments:

	Three Months Ended March 31,
Derivatives Not Designated as Hedging Instruments	2013		2012
Forward exchange contracts:
Net gain recognized in income(1)	$	491	$	—

(1) The Company has a forward foreign exchange contract that hedges an intercompany loan with its Korean subsidiary. This hedge does not qualify for hedge accounting and any gains (losses) are recorded immediately in selling, general and administrative expenses.