Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2017

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Fair Values of Derivative Assets and Liabilities

The fair values of derivative assets and liabilities, net, all of which are classified as Level 2, are reported within either ‘Prepaid expenses and other assets’ or ‘Accrued expenses and other liabilities’ in the condensed consolidated balance sheets were:

	September 30, 2017						December 31, 2016
	Derivative Assets			Derivative Liabilities			Derivative Assets			Derivative Liabilities
	(in thousands)
Foreign currency transaction gains (losses)	$	1,118		$	(833	)	$	6,541		$	(6,698	)
Netting of counterparty contracts	(833		)	833			(6,541		)	6,541
Foreign currency forward contract derivatives	$	285		$	—		$	—		$	(157	)

Summary of Derivative Financial Instruments Notional Amounts on Outstanding Positions

The notional amounts of outstanding foreign currency forward exchange contracts shown below report the total U.S. Dollar equivalent position and the net contract fair values for each foreign currency position.

	September 30, 2017					December 31, 2016
	Notional		Fair Value			Notional		Fair Value
	(in thousands)
Euro	$	41,271	$	(159	)	$	71,228	$	(1,441	)
Japanese Yen	36,616		(25		)	87,171		4,180
Singapore Dollar	31,689		245			94,763		(2,611		)
South Korean Won	26,380		98			8,278		407
British Pound Sterling	6,195		73			14,332		(660		)
Other currencies	50,218		53			52,449		(32		)
Total	$	192,369	$	285		$	328,221	$	(157	)
Latest maturity date	October 2017					January 2017

Schedule of Gains / Losses from Foreign Currency Transactions and Derivative Contracts

Amounts reported in ‘Foreign currency gain (loss), net’ in the condensed consolidated statements of operations include both realized and unrealized gains (losses) from foreign currency transactions and derivative contracts and were as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
	(in thousands)
Foreign currency transaction gains (losses)	$	(674	)	$	3,039		$	1,120		$	11,804
Foreign currency forward exchange contracts gains
(losses)	417			(1,660		)	(939		)	(13,372		)
Foreign currency gain (loss), net	$	(257	)	$	1,379		$	181		$	(1,568	)