Fair Value Measurement (Tables)

12 Months Ended

Dec. 31, 2013

Fair Values of Our Derivative Assets and Liabilities

The fair values of our derivative assets and liabilities measured on a recurring basis as of December 31 are categorized as follows (in thousands):

	2013								2012
	Total		Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3
Derivative assets 1	$	259	$	—	$	259	$	—	$	419	$	—	$	419	$	—
Derivative liabilities 1	$	105	$	—	$	105	$	—	$	1	$	—	$	1	$	—

(1) Based on observable market transactions of spot and forward rates.

Notional Amount of Foreign Exchange Contracts

The following table summarizes the notional amount of our open foreign exchange contracts at December 31 (in thousands):

	2013				2012
	U.S. $ Equivalent		U.S. Equivalent Fair Value		U.S. $ Equivalent		U.S. Equivalent Fair Value
Commitments to buy currencies:
Mexican peso	$	11,157	$	11,311	$	10,066	$	10,484

Fair Value and Presentation in Consolidated Balance Sheets for Derivatives not Designated as Accounting Hedges

The following table summarizes the fair value and presentation in the consolidated balance sheets for derivatives not designated as accounting hedges at December 31 (in thousands):

	Asset Derivatives
	2013			2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets	$	259	Other current assets	$	419
	Liability Derivatives
	2013			2012
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Accrued liabilities	$	105	Accrued liabilities	$	1

Effect of Derivative Instruments on Consolidated Statements of Income for Derivatives not Designated as Accounting Hedges

The following table summarizes the effect of derivative instruments on the consolidated statements of income (loss) for derivatives not designated as accounting hedges at December 31 (in thousands):

		2013			2012
	Location of (Loss) Gain Recognized in Income on Derivatives	Amount of (Loss) Gain Recognized in Income  on Derivatives
Foreign exchange contracts	Cost of Revenues	$	(264	)	$	765

Carrying Amounts and Fair Values of Our Long-Term Debt Obligations

The carrying amounts and fair values of our long-term debt at December 31 are as follows (in thousands):

	2013				2012
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Long-term debt	$	250,000	$	250,000	$	250,000	$	248,750