Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Fair Value of Gross Position of Derivative Contracts in Condensed Consolidated Balance Sheets

The following table presents the location and amounts of derivative instrument fair values in the Condensed Consolidated Balance Sheets:

	December 31, 2013					September 30, 2014
Assets/(Liabilities)
Designated as hedging instruments:
Gross amounts recognized			$	2,702				$	3,138
Gross amounts offset				(2,232	)				(689	)
Net amounts				470					2,449
Not designated as hedging instruments:
Gross amounts recognized				(121	)				149
Gross amounts offset				—					—
Net amounts				(121	)				149
Net amounts presented		Other current assets	$	349			Other current assets	$	2,598

Gains and Losses on Derivative Instruments in Consolidated Statement of Operations

The following table presents the location and amount of gains and losses on derivative instruments in the Condensed Consolidated Statements of Income:

Derivatives Designated as Cash Flow Hedges	Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivatives (Effective Portion)			Amount of Gain (Loss) Reclassified from Cumulative Other Comprehensive Loss into Income (Effective Portion)		Amount of Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion)
Three Months Ended September 30, 2013	$	(2,316	)	$	889	$	126
Three Months Ended September 30, 2014	$	5,808		$	885	$	218
Nine Months Ended September 30, 2013	$	2,926		$	1,338	$	(84	)
Nine Months Ended September 30, 2014	$	4,119		$	2,185	$	45

	Location of Gain (Loss)		Amount of Gain (Loss) Recognized In Income on Derivatives
Derivatives not Designated as	Recognized in Income on		Three Months Ended September 30,				Nine Months Ended September 30,
Hedging Instruments	Derivatives		2013		2014		2013			2014
Foreign exchange contracts		Other income	$	274	$	314	$	(359	)	$	270

Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and September 30, 2014:

	December 31, 2013
	Total Assets (Liabilities)			Quoted Prices in Active Markets for Identical Assets Level (1)			Significant Other Observable Inputs Level (2)		Significant Unobservable Inputs Level (3)
Foreign Exchange Contracts	$	349		$	—		$	349	$	—
Stock-based Liabilities	$	(12,462	)	$	(12,462	)	$	—	$	—
	September 30, 2014
	Total Assets (Liabilities)			Quoted Prices in Active Markets for Identical Assets Level (1)			Significant Other Observable Inputs Level (2)		Significant Unobservable Inputs Level (3)
Foreign Exchange Contracts	$	2,598		$	—		$	2,598	$	—
Stock-based Liabilities	$	(15,820	)	$	(15,820	)	$	—	$	—
Redeemable noncontrolling shareholder interest	$	(153,206	)	$	—		$	—	$	(153,206	)
(see Footnote 2 - CCT Agreement)

Movement in the Level 3 Fair Value Measurements

The following table presents the movement in the Level 3 fair value measurements for both the three- and nine-month periods ended September 30, 2014.

	Fair Value Measurements Using Significant Unobservable Inputs (Level 3)
	Redeemable noncontrolling shareholder interest
	Three Months Ended September 30, 2014			Nine Months Ended September 30, 2014
Beginning Balance	$	(152,250	)	$	—
Transfer into Level 3 - Redeemable noncontrolling shareholder interest		—			(152,250	)
Adjustment for CCT valuation amount		(956	)		(956	)
Ending Balance	$	(153,206	)	$	(153,206	)

Carrying Amounts and Fair Values of Financial Instruments

The carrying amounts and fair values of the Company’s financial instruments are as follows:

	December 31, 2013
				Fair Value Measurements Using
	Carrying Amount			Quoted Prices in Active Markets for Identical Instruments Level (1)			Significant Other Observable Inputs Level (2)		Significant Unobservable Inputs Level (3)
Cash and cash equivalents	$	397,731		$	397,731		$	—	$	—
Notes receivable		86,965			86,965			—		—
Restricted cash		2,759			2,759			—		—
Notes payable		(22,105	)		(22,105	)		—		—
Current portion of long-term debt		(17,868	)		(17,868	)		—		—
Long-term debt		(320,959	)		(334,759	)		—		—
	September 30, 2014
				Fair Value Measurements Using
	Carrying Amount			Quoted Prices in Active Markets for Identical Instruments Level (1)			Significant Other Observable Inputs Level (2)		Significant Unobservable Inputs Level (3)
Cash and cash equivalents	$	335,778		$	335,778		$	—	$	—
Notes receivable		90,098			90,098			—		—
Restricted cash		640			640			—		—
Notes payable		(184,553	)		(184,553	)		—		—
Current portion of long-term debt		(15,559	)		(15,559	)		—		—
Long-term debt		(325,538	)		(353,338	)		—		—