Derivative Contracts (Tables)

9 Months Ended

Sep. 30, 2017

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:

	September 30, 2017				December 31, 2016
	U.S. $ Equivalent		U.S. $ Equivalent Fair Value		U.S. $ Equivalent		U.S. $ Equivalent Fair Value
Commitments to buy or sell currencies	$	5,389	$	5,723	$	18,593	$	17,213

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 condensed consolidated Balance Sheet for derivatives, none of which are designated as accounting hedges: 

	Asset Derivatives
	September 30, 2017			December 31, 2016
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Other current assets	$	395	Other current assets	$	142
Interest rate swap contract  1	Other current assets	$	1	Other current assets	$	—
Interest rate swap contract  1	Other assets, net	$	301	Other assets, net	$	—

	Liability Derivatives
	September 30, 2017			December 31, 2016
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign exchange contracts	Accrued liabilities	$	22	Accrued liabilities	$	1,234
Interest rate swap contract  1	Accrued liabilities	$	494	Accrued liabilities	$	—
Interest rate swap contract  1	Other long-term liabilities	$	293	Other long-term liabilities	$	—

¹ Presented in the condensed consolidated Balance Sheet as accrued liabilities of $0.5 million.

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 Statement of Income for derivatives not designated as hedging instruments:

		Three Months Ended September 30,						Nine Months Ended September 30,
		2017			2016			2017			2016
	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	$	(322	)	$	(869	)	$	1,438		$	(205	)
Interest rate swap contract	Interest Income (Expense)	$	38		$	—		$	(485	)	$	—