Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2013

Balance of assets and liabilities measured at fair value on a recurring basis

The following table presents the balance of assets and liabilities at December 31, 2013 measured at fair value on a recurring basis:

(in thousands)	Level 1 (1)		Level 2 (2)		Level 3 (3)		Total
Assets:
Derivative contracts	$	390	$	1,230	$	62	$	1,682
Liabilities:
Derivative contracts	$	13	$	372	$	—	$	385

The following table presents the balance of assets and liabilities at December 31, 2012 measured at fair value on a recurring basis:

(in thousands)	Level 1 (1)		Level 2 (2)		Level 3 (3)		Total
Assets:
Corporate debt securities	$	925	$	9,560	$	—	$	10,485
Derivative contracts		—		308		—		308
Total	$	925	$	9,868	$	—	$	10,793
Liabilities:
Derivative contracts	$	—	$	152	$	—	$	152

(1) – quoted prices in active markets for identical assets or liabilities

(2) – observable inputs other than quoted prices in active markets for identical assets and liabilities

(3) – no observable pricing inputs in the market

Summary of the change in the balance of the Company's assets measured at fair value on a recurring basis using significant unobservable inputs

(in thousands)	Year ended December 31, 2013			Year ended December 31, 2012		Five Months ended December 31, 2011		Year ended July 31, 2011		Five Months ended December 31, 2010 (Unaudited)
Balance, beginning of period	$	—		$	—	$	—	$	—	$	—
Total gains (losses) (realized or unrealized) included in earnings in “Direct cost of revenues”		(142	)
Purchases, sales, issuances and settlements:
Purchases		359			—		—		—		—
Settlement		(155	)		—		—		—		—

Balance, end of period	$	62		$	—	$	—	$	—	$	—

The amount of total gains for the period included in earnings in “Direct cost of revenues” attributable to the change in unrealized gains or losses relating to assets held at the end of the period	$	62		$	—	$	—	$	—	$	—

Summary of the change in the balance of the Company's liabilities measured at fair value on a recurring basis using significant unobservable inputs

(in thousands)	Year ended December 31, 2013		Year ended December 31, 2012		Five Months ended December 31, 2011			Year ended July 31, 2011			Five Months ended December 31, 2010 (Unaudited)
Balance, beginning of period	$	—	$	—	$	(101	)	$	(200	)	$	(200	)
Total gains (losses) (realized or unrealized):
Included in earnings in “Direct cost of revenues”		—		—		—			—			—
Included in earnings in “Other (expense) income, net”		—		—		60			(86	)		(280	)
Included in earnings in “Selling, general and administrative expense”		—		—		41			(41	)		(500	)
Purchases, sales, issuances and settlements:
Settlement		—		—		—			226			—

Balance, end of period	$	—	$	—	$	—		$	(101	)	$	(980	)
The amount of total gains (losses) for the period attributable to the change in unrealized gains or losses relating to liabilities still held at the end of the period:
Included in earnings in “Direct cost of revenues”	$	—	$	—	$	—		$	—		$	—
Included in earnings in “Other (expense) income, net”	$	—	$	—	$	60		$	—		$	(280	)
Included in earnings in “Selling, general and administrative expense”	$	—	$	—	$	—		$	(41	)	$	(500	)

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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