Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule Of Fair Values Of The Company's Derivative Instruments And The Line Items On The Consolidated Balance Sheets

The fair values of the Company’s derivative instruments and the line items on the unaudited condensed consolidated balance sheet to which they were recorded as of June 30, 2013, and December 31, 2012, are summarized as follows (in thousands):



Derivative Assets	Balance Sheet Location	Fair Value at June 30, 2013		Balance Sheet Location	Fair Value at December 31, 2012
Derivative assets not designated as hedging instruments	Prepaid expenses and other current assets	$	1,193	Prepaid expenses and other current assets	$	1,142
Derivative assets designated as hedging instruments	Prepaid expenses and other current assets	—		Prepaid expenses and other current assets	2
Total		$	1,193		$	1,144



Derivative Liabilities	Balance Sheet Location	Fair Value at June 30, 2013			Balance Sheet Location	Fair Value at December 31, 2012
Derivative liabilities not designated as hedging instruments	Other accrued liabilities	$	(179	)	Other accrued liabilities	$	(1,616	)
Derivative liabilities designated as hedging instruments	Other accrued liabilities	(3		)	Other accrued liabilities	(3		)
Total		$	(182	)		$	(1,619	)

Schedule of Offsetting of Derivative Assets

The following tables set forth the offsetting of derivative assets as of June 30, 2013 and December 31, 2012 (in thousands):



As of June 30, 2013							Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
As of June 30, 2013	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Condensed Consolidated Balance Sheets		Net Amounts Of Assets Presented in the Condensed Consolidated Balance Sheets		Financial Instruments			Cash Collateral Pledged		Net Amount
Barclays	$	1,192	$	—	$	1,192	$	(175	)	$	—	$	1,017
Wells Fargo Bank	1		—		1		(1		)	—		—
Total	$	1,193	$	—	$	1,193	$	(176	)	$	—	$	1,017



As of December 31, 2012							Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
As of December 31, 2012	Gross Amounts of Recognized Assets		Gross Amounts Offset in the Condensed Consolidated Balance Sheets		Net Amounts Of Assets Presented in the Condensed Consolidated Balance Sheets		Financial Instruments			Cash Collateral Pledged		Net Amount
Barclays	$	1,107	$	—	$	1,107	$	(1,107	)	$	—	$	—
Wells Fargo Bank	37		—		37		(37		)	—		—
Total	$	1,144	$	—	$	1,144	$	(1,144	)	$	—	$	—

Schedule of Offsetting of Derivative Liabilities

The following tables set forth the offsetting of derivative liabilities as of June 30, 2013 and December 31, 2012 (in thousands):



As of June 30, 2013							Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
As of June 30, 2013	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Condensed Consolidated Balance Sheets		Net Amounts Of Liabilities Presented in the Condensed Consolidated Balance Sheets		Financial Instruments			Cash Collateral Pledged		Net Amount
Barclays	$	175	$	—	$	175	$	(175	)	$	—	$	—
Wells Fargo Bank	7		—		7		(1		)	—		6
Total	$	182	$	—	$	182	$	(176	)	$	—	$	6



As of December 31, 2012							Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
As of December 31, 2012	Gross Amounts of Recognized Liabilities		Gross Amounts Offset in the Condensed Consolidated Balance Sheets		Net Amounts Of Liabilities Presented in the Condensed Consolidated Balance Sheets		Financial Instruments			Cash Collateral Pledged		Net Amount
Barclays	$	1,401	$	—	$	1,401	$	(1,107	)	$	—	$	294
Wells Fargo Bank	218		—		218		(37		)	—		181
Total	$	1,619	$	—	$	1,619	$	(1,144	)	$	—	$	475

Schedule Of Company's Derivative Instruments On Other Comprehensive Income And The Consolidated Statement Of Operations

The effects of the Company’s derivative instruments on OCI and the unaudited condensed consolidated statement of operations for the three and six months ended June 30, 2013, and July 1, 2012, are summarized as follows (in thousands):



Derivatives Designated as Hedging Instruments	Three Months Ended June 30, 2013
Derivatives Designated as Hedging Instruments	Gain or (Loss) Recognized in OCI - Effective Portion (a)		Location of Gain or (Loss) Reclassified from OCI into Income - Effective Portion	Gain or (Loss) Reclassified from OCI into Income - Effective Portion (a)			Location of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing	Amount of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing
Cash flow hedges:
Foreign currency forward contracts	$	314	Net revenue	$	445		Other income (expense), net	$	(26	)
Foreign currency forward contracts	—		Cost of revenue	(1		)	Other income (expense), net	—
Foreign currency forward contracts	—		Operating expenses	(48		)	Other income (expense), net	—
Total	$	314		$	396			$	(26	)



Derivatives Designated as Hedging Instruments	Six Months Ended June 30, 2013
Derivatives Designated as Hedging Instruments	Gain or (Loss) Recognized in OCI - Effective Portion (a)		Location of Gain or (Loss) Reclassified from OCI into Income - Effective Portion	Gain or (Loss) Reclassified from OCI into Income - Effective Portion (a)			Location of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing	Amount of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing
Cash flow hedges:
Foreign currency forward contracts	$	492	Net revenue	$	520		Other income (expense), net	$	(48	)
Foreign currency forward contracts	—		Cost of revenue	(3		)	Other income (expense), net	—
Foreign currency forward contracts	—		Operating expenses	(94		)	Other income (expense), net	—
Total	$	492		$	423			$	(48	)



Derivatives Designated as Hedging Instruments	Three Months Ended July 1, 2012
Derivatives Designated as Hedging Instruments	Gain or (Loss) Recognized in OCI - Effective Portion (a)	Location of Gain or (Loss) Reclassified from OCI into Income - Effective Portion	Gain or (Loss) Reclassified from OCI into Income - Effective Portion (a)		Location of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing	Amount of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing
Cash flow hedges:
Foreign currency forward contracts	659	Net revenue	682		Other income (expense), net	(63	)
Foreign currency forward contracts	—	Cost of revenue	(5	)	Other income (expense), net	—
Foreign currency forward contracts	—	Operating expenses	(190	)	Other income (expense), net	—
Total	659		487			(63	)



Derivatives Designated as Hedging Instruments	Six Months Ended July 1, 2012
Derivatives Designated as Hedging Instruments	Gain or (Loss) Recognized in OCI - Effective Portion (a)		Location of Gain or (Loss) Reclassified from OCI into Income - Effective Portion	Gain or (Loss) Reclassified from OCI into Income - Effective Portion (a)			Location of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing	Amount of Gain or (Loss) Recognized in Income and Excluded from Effectiveness Testing
Cash flow hedges:
Foreign currency forward contracts	$	553	Net revenue	$	684		Other income (expense), net	$	(108	)
Foreign currency forward contracts	—		Cost of revenue	(7		)	Other income (expense), net	—
Foreign currency forward contracts	—		Operating expenses	(240		)	Other income (expense), net	—
Total	$	553		$	437			$	(108	)


(a)	Refer to Note 10, Stockholders' Equity, which summarizes the cumulative other comprehensive income activity related to derivatives.

Schedule Of Derivatives Not Designated As Hedging Instruments

The effects of the Company’s derivatives not designated as hedging instruments in other income (expense), net in the unaudited condensed consolidated statements of operations for the three and six months ended June 30, 2013 and July 1, 2012, are as follows (in thousands):



Derivatives Not Designated as Hedging Instruments	Location of Gains or (Losses) Recognized in Income on Derivative	Amount of Gains or (Losses) Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments		Three Months Ended June 30, 2013		Six Months Ended June 30, 2013
Foreign currency forward contracts	Other income (expense), net	$	1,617	$	1,885



Derivatives Not Designated as Hedging Instruments	Location of Gains or (Losses) Recognized in Income on Derivative	Amount of Gains or (Losses) Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments		Three Months Ended July 1, 2012		Six Months Ended July 1, 2012
Foreign currency forward contracts	Other income (expense), net	$	793	$	49

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

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