Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

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, 2016 and 2015 and the balance sheet lines in which they are recorded:

	Fair Value Asset (Liability)
	December 31, 2016			December 31, 2015			Balance Sheet Caption
Foreign currency forward	$	1,058		$	170		Prepaid and other current assets
Foreign currency forward	(705		)	(452		)	Other accrued expenses

Amounts recognized in other comprehensive earnings

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

	2016			2015			2014
Gain on euro-denominated debt	$	53,791		$	35,458		$	47,630
(Loss)/gain on swiss franc cross-currency swap	—			(2,185		)	8,149
Total gain on net investment hedges before tax	53,791			33,273			55,779
Tax expense	(18,827		)	(11,646		)	(19,523		)
Gain on net investment hedges, net of tax	$	34,964		$	21,627		$	36,256

Assets and liabilities measured at fair value on a recurring basis

The Company's assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 and 2015 were as follows:

	December 31, 2016		December 31, 2015
	Level 2		Level 2
Assets:
Foreign currency cash flow hedges	$	1,058	$	170
Liabilities:
Foreign currency cash flow hedges	705		452