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Derivative Financial Instruments
3 Months Ended
Jun. 30, 2014
Derivative Financial Instruments [Abstract]  
Derivative Financial Instruments
9. Derivative Financial Instruments

 

At June 30, 2014 and 2013, the Company had outstanding foreign exchange forward contracts with notional values of $18,190 and $16,368, respectively. At March 31, 2014, the Company had no outstanding foreign exchange forward contracts. The gains and losses on these instruments are recorded in other income (expense) in the consolidated statements of operations. Gains and losses from foreign exchange forward contracts, net of gains and losses on the underlying transactions denominated in foreign currency, for the three months ended June 30, 2014 and 2013 were as follows:

 

    Three Months Ended June 30,  
    2014     2013  
Gain (loss) on foreign exchange forward contracts   $ (17 )   $ 38  
Losses on underlying transactions denominated in foreign currency     (209 )     (223 )
Net losses   $ (226 )   $ (185 )