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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Financial Instruments [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions

 

 

 

 

 

 

 

 

 

December 31,

($ thousands)

 

2013

 

2012

Foreign currency exchange forward contracts by currency:

 

 

 

 

 

 

Japanese Yen

 

$

68,707 

 

$

112,500 

Euro

 

 

38,577 

 

 

5,159 

Singapore Dollar

 

 

28,225 

 

 

 -

Mexican Peso

 

 

18,350 

 

 

11,400 

Russian Ruble

 

 

17,588 

 

 

 -

Pound Sterling

 

 

15,487 

 

 

8,742 

South Korean Won

 

 

12,100 

 

 

 -

Australian Dollar

 

 

4,941 

 

 

4,178 

New Taiwan Dollar

 

 

3,463 

 

 

 -

Canadian Dollar

 

 

3,428 

 

 

 -

South African Rand

 

 

3,076 

 

 

 -

Indian Rupee

 

 

2,150 

 

 

 -

Hong Kong Dollar

 

 

1,844 

 

 

 -

Swedish Krona

 

 

1,615 

 

 

 -

New Zealand Dollar

 

 

943 

 

 

1,137 

Total notional value, net

 

$

220,494 

 

$

143,116 

 

 

 

 

 

 

 

Latest maturity date

 

December 2015

 

December 2015

 

Schedule of Derivative Instrument Gain

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

($ thousands)

 

2013

 

2012

 

2011

 

Location of Gain (Loss) Recognized in Income on Derivatives

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

 

 

 

 

Foreign currency exchange forwards

 

$

(13,002)

 

$

(7,200)

 

$

540 

 

Foreign currency transaction (gains) losses, net