Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2015

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 March 31, 2015 and December 31, 2014 and the balance sheet lines in which they are recorded:

	Fair Value Asset (Liability)
	March 31, 2015			December 31, 2014			Balance Sheet Caption
Foreign currency forward / collar contracts	$	1,995		$	973		Prepaid / Other assets
Foreign currency forward / collar contracts	(506		)	(810		)	Other accrued expenses
Net investment hedge - cross currency swap	(16,900		)	(15,567		)	Accrued expenses

Schedule of Net Investment Hedges in Accumulated Other Comprehensive Income (Loss) [Table Text Block]

Amounts recognized in other comprehensive earnings (loss) for the gains (losses) on its net investment hedges were as follows:

	Three Months Ended March 31,
	2015			2014
Gain (loss) on Euro-denominated debt	$	35,350		$	(2,904	)
Loss on Swiss franc cross-currency swap	(1,333		)	(332		)
Total gain (loss) on net investment hedges before tax	34,017			(3,236		)
Tax (expense) benefit	(11,906		)	1,133
Net gain (loss) on net investment hedges, net of tax	$	22,111		$	(2,103	)

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 March 31, 2015 and December 31, 2014:

	March 31, 2015						December 31, 2014
	Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
Assets:
Foreign currency cash flow hedges	$	—	$	1,995	$	—	$	—	$	973	$	—
Liabilities:
Foreign currency cash flow hedges	—		506		—		—		810		—
Net investment hedge derivative	—		16,900		—		—		15,567		—