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Foreign Currency Forward Exchange Contracts (Tables)
6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Notional Amount of Foreign Exchange Contracts
The following table summarizes the notional amount of our open foreign exchange contracts: 
 
June 30, 2016
 
December 31, 2015
 
U.S. $
Equivalent
 
U.S.
Equivalent
Fair Value
 
U.S. $
Equivalent
 
U.S.
Equivalent
Fair Value
Commitments to buy or sell currencies
$
25,046

 
$
25,223

 
$
15,490

 
$
15,479

Fair Value and Presentation in Consolidated Balance Sheets for Derivatives none of which are Designated as Accounting Hedges
The following table summarizes the fair value and presentation in the consolidated balance sheets for derivatives, none of which are designated as accounting hedges: 
 
Asset Derivatives
 
June 30, 2016
 
December 31, 2015
 
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Foreign exchange contracts
Other current assets
 
$
548

 
Other current assets
 
$
36

 
 
Liability Derivatives
 
June 30, 2016
 
December 31, 2015
 
Balance Sheet
Location
 
Fair Value
 
Balance Sheet
Location
 
Fair Value
Foreign exchange contracts
Accrued liabilities
 
$
373

 
Accrued liabilities
 
$
524

Effect of Derivative Instruments on Consolidated Statements of Operations for Derivatives not Designated as Hedging Instruments
The following table summarizes the effect of derivative instruments on the consolidated statements of income for derivatives not designated as hedging instruments: 
 
 
 
Three months ended June 30,
 
Six months ended June 30,
 
 
 
2016
 
2015
 
2016
 
2015
 
Location of Gain (Loss)
Recognized in Income on
Derivatives
 
Amount of Gain (Loss)
Recognized in Income on
Derivatives
 
Amount of Gain (Loss)
Recognized in Income on
Derivatives
Foreign exchange contracts
Cost of Revenues
 
$
491

 
$
204

 
$
659

 
$
42