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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair value of derivative instruments and the balance sheet lines in which they are recorded
The following table sets forth the fair values of derivative instruments held by the Company as of December 31, 2013 and December 31, 2012 and the balance sheet lines in which they are recorded:
 
Fair Value Asset (Liability)
 
 
 
December 31, 2013
 
December 31, 2012
 
Balance Sheet Caption
Foreign currency forward / collar contracts
$
879

 
$
85

 
Prepaid and other current assets
Foreign currency forward / collar contracts
(168
)
 
(799
)
 
Other accrued expenses
Net investment hedge - cross currency swap
(23,716
)
 
(22,681
)
 
Other liabilities
Assets and liabilities measured at fair value on a recurring basis
The following table presents the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2013 and December 31, 2012:
 
December 31, 2013
 
December 31, 2012
 
Level 1
 
Level 2
 
Level 3
 
Level 1
 
Level 2
 
Level 3
Assets:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency cash flow hedges
$

 
$
879

 
$

 
$

 
$
85

 
$

Liabilities:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency cash flow hedges

 
168

 

 

 
799

 

Net investment hedge derivative

 
23,716

 

 

 
22,681