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Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2015
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Derivative Instruments Measured at Fair Value and Classification on Consolidated Balance Sheets

Derivative instruments measured at fair value and their classification on the consolidated balance sheets are presented in the following tables (in thousands):

 

 

 

Liability as of December 31,

 

 

 

2015

 

 

2014

 

 

 

Notional

Amount

 

 

Fair Value

 

 

Notional

Amount

 

 

Fair Value

 

Foreign exchange forward contract derivatives in cash flow hedging

   relationships -  included in accrued and other current liabilities

 

$

47,231

 

 

$

595

 

 

$

25,990

 

 

$

1,002

 

 

Gains (Losses) on Derivative Instruments and Classification on Consolidated Statement of Operations

Gains (losses) on derivative instruments accounted for as hedges and their classification on the consolidated statement of operations, are presented in the following tables (in thousands):

 

 

 

Years ended December 31,

 

 

 

2015

 

 

2014

 

 

2013

 

Foreign Exchange Forward Contract Derivatives in cash flow

    hedging relationships:

 

 

 

 

 

 

 

 

 

 

 

 

Gains recognized in OCI (a)

 

$

834

 

 

$

191

 

 

$

730

 

Losses recognized in OCI (a)

 

$

(1,399

)

 

$

(1,846

)

 

$

(18

)

Gains recognized from accumulated OCI into net loss (b)

 

$

 

 

$

55

 

 

$

1,829

 

Losses recognized from accumulated OCI into net loss (b)

 

$

(972

)

 

$

(708

)

 

$

 

Foreign Exchange Forward Contract Derivatives not designated as

    hedging relationships:

 

 

 

 

 

 

 

 

 

 

 

 

Gains recognized in net loss (c)

 

$

 

 

$

 

 

$

71

 

Losses recognized in net loss (c)

 

$

 

 

$

 

 

$

(60

)

 

(a)

Net change in the fair value of the effective portion classified in other comprehensive income (loss) (“OCI”).

(b)

Effective portion of cash flow hedges reclassified from accumulated other income (loss), into net loss, of which $(107), $(72) and $117 were recognized within cost of sales for the years ended December 31, 2015, 2014 and 2013, respectively, and $(865), $(581), and $1,712 were recognized within operating expenses for the year ended December 31, 2015, 2014 and 2013, respectively. All amounts are reflected with the respective consolidated statement of operations.

(c)

Classified in other income (expense), net.