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Derivatives and Hedge Accounting (Tables)
 12 Months Ended
Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Fair Value of Foreign Currency Exchange Contracts
The following tables set forth the fair value of the foreign currency exchange contracts and their location on the consolidated financial statements:
Derivatives designated as hedging instruments:
 
December 31, 2016
 
December 31, 2015
Other current assets:
 
 
 
Foreign currency exchange contracts
$
3,211

 
$
2,664

Other assets:
 
 
 
Foreign currency exchange contracts
$
2,994

 
$
1,175

Accrued expenses and other current liabilities:
 
 
 
Foreign currency exchange contracts
$
1,430

 
$
1,226

Other non-current liabilities:
 
 
 
Foreign currency exchange contracts
$
828

 
$
1,132

Derivatives not designated as hedging instruments:
 
December 31, 2016
 
December 31, 2015
Other current assets:
 
 
 
Foreign currency exchange contracts
$
113

 
$
345
Summary of Effect of Foreign Currency Exchange Contracts on Consolidated Statements of Income
The following tables set forth the effect of foreign currency exchange contracts on the consolidated statements of income for the years ended December 31, 2016 and 2015:

Derivatives in Cash Flow Hedging
Relationships
Amount of
Gain/(Loss)
Recognized
in AOCI on
Derivative
(Effective Portion)
 
Location of
Gain/(Loss)
Reclassified from
AOCI into Income
(Effective Portion)
 
Amount of Gain/
(Loss) Reclassified
from AOCI into
Income (Effective
Portion)
 
Location of
Gain/(Loss)
Recognized in
Income on
Derivative
(Ineffective Portion
and Amount
Excluded from
Effectiveness
Testing)
 
Amount of
Gain/(Loss)
Recognized in
Income on
Derivative
(Ineffective
Portion and
Amount
Excluded
from
Effectiveness
Testing)
 
2016
 
2015
 
 
 
2016
 
2015
 
 
 
2016
 
2015
Foreign exchange contracts
$
3,895

 
$
(1,111
)
 
Foreign exchange gain/(loss)
 
$
1,434

 
$
(1,117
)
 
Foreign exchange
gain/(loss)
 
$
—

 
$
—

Derivatives not designated
as Hedging Instruments
 
 
Amount of Gain/(Loss)
Recognized in Income
on Derivatives
Location of Gain or (Loss) Recognized in
Income on Derivatives
 
2016
 
2015
Foreign exchange contracts
Foreign exchange gain
 
$
4,790

 
$
862