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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2014
Derivative Financial Instruments [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions

 

 

 

 

 

 

 

 

 

June 30,

 

December 31,

($ thousands)

 

2014

 

2013

Foreign currency exchange forward contracts by currency:

 

 

 

 

 

 

British Pound Sterling

 

$

22,736 

 

$

15,487 

Japanese Yen

 

 

19,174 

 

 

68,707 

Singapore Dollar

 

 

16,391 

 

 

28,225 

Russian Ruble

 

 

15,632 

 

 

17,588 

Euro

 

 

12,228 

 

 

38,577 

Mexican Peso

 

 

7,974 

 

 

18,350 

Canadian Dollar

 

 

4,876 

 

 

3,428 

Australian Dollar

 

 

4,669 

 

 

4,941 

South Korean Won

 

 

4,210 

 

 

12,100 

Hong Kong Dollar

 

 

4,200 

 

 

1,844 

South African Rand

 

 

4,032 

 

 

3,076 

New Taiwan Dollar

 

 

3,317 

 

 

3,463 

Indian Rupee

 

 

2,991 

 

 

2,150 

Swedish Krona

 

 

2,559 

 

 

1,615 

New Zealand Dollar

 

 

928 

 

 

943 

Norwegian Krone

 

 

542 

 

 

 -

Total notional value, net

 

$

126,459 

 

$

220,494 

 

 

 

 

 

 

 

Latest maturity date

 

August 2014

 

December 2015

 

Schedule of Derivative Instrument Gain (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended June 30,

 

Six Months Ended June 30,

 

 

($ thousands)

 

2014

 

2013

 

2014

 

2013

 

Location of (Gain) Loss Recognized in Income on Derivatives

Foreign currency exchange forwards

 

$

3,370 

 

$

(710)

 

$

5,208 

 

$

(10,651)

 

Foreign currency transaction losses, net