The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of May 31, 2014 and for the three months then ended (in thousands):


	As of May 31, 2014							Three Months Ended May 31, 2014
	Balance Sheet Location		Fair Value			Notional Value		Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
Assets—foreign currency forward contracts not designated as hedges		Other current assets	$	39		$	17,325	Other income (expense), net	$	174
Liabilities—foreign currency forward contracts not designated as hedges		Accounts payable and accrued expenses		(83	)		12,108	Other income (expense), net		(257	)

TOTAL			$	(44	)	$	29,433		$	(83	)

The effects of derivative instruments on the Company’s Consolidated Financial Statements are as follows as of May 31, 2013 and for the three months then ended (in thousands):


	As of May 31, 2013							Three Months Ended May 31, 2013
	Balance Sheet Location		Fair Value			Notional Value		Location of Gain (Loss) Recognized in Income on Derivatives	Amount of Gain (Loss) Recognized in Income on Derivatives
Assets—foreign currency forward contracts not designated as hedges		Other current assets	$	5		$	16,045	Other income (expense), net	$	325
Liabilities—foreign currency forward contracts not designated as hedges		Accounts payable and accrued expenses		(128	)		13,735	Other income (expense), net		(1,815	)

TOTAL			$	(123	)	$	29,780		$	(1,490	)