Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2018

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Instruments Measured at Fair Value and Classification on Condensed Consolidated Balance Sheets

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

	As of March 31, 2018				As of December 31, 2017
	Notional Amount		Fair Value		Notional Amount		Fair Value
Foreign exchange forward contract derivatives in    cash flow hedging relationships -  included in    prepaid expenses and other current assets	$	48,495	$	175	$	66,560	$	551

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

Gains (losses) on derivative instruments and their classification on the condensed consolidated statement of operations are presented in the following table (in thousands):

	For the three months ended March 31
	2018			2017
Foreign Exchange Forward Contract Derivatives    in cash flow hedging relationships:
Gains recognized in OCI (a)	$	356		$	2,887
Losses recognized in OCI (a)	$	(510	)		-
Gains recognized from accumulated OCI into    net income (b)	$	257		$	206
Losses recognized from accumulated OCI into    net income (b)	$	-		$	(5	)

(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 comprehensive income (loss) into net income, of which $84 and $173 were recognized within cost of sales and operating expenses, respectively, for the three months ended March 31, 2018; $14 and $187 were recognized within cost of sales and operating expenses, respectively, for the three months ended March 31, 2017. All amounts are reflected within the respective condensed consolidated statement of operations.