Note 10 - Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value

The following table provides a summary of the fair value amounts of our derivative instruments, all of which are Level 2 (as defined below) inputs (in thousands):

Designation of Derivatives	Balance Sheet Location	June 30, 2014		December 31, 2013
Derivatives Designated as Hedging Instruments:
Forward Currency Contracts	Prepaid expenses and other current assets	$	385	$	24
	Total Assets	$	385	$	24
Interest Rate Swaps	Other non-current liabilities	$	1,229	$	1,220
	Total Liabilities	$	1,229	$	1,220
Derivatives Not Designated as Hedging Instruments:
Forward Currency Contracts	Prepaid expenses and other current assets	$	265	$	878
	Total Assets	$	265	$	878
	Total Derivative Assets	$	650	$	902
	Total Derivative Liabilities	1,229		1,220
	Total Net Derivative Liability	$	579	$	318

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table represents assets and liabilities measured at fair value on a recurring basis and the basis for that measurement (in thousands):

	Total Fair Value at June 30, 2014		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Forward Currency Contracts	$	650	$	—	$	650	$	—
Total	$	650	$	—	$	650	$	—
Liabilities:
Interest Rate Swap	$	1,229	$	—	$	1,229	$	—
Total	$	1,229	$	—	$	1,229	$	—

	Total Fair Value at December 31, 2013		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Forward Currency Contracts	$	902	$	—	$	902	$	—
Total	$	902	$	—	$	902	$	—
Liabilities:
Interest Rate Swap	$	1,220	$	—	$	1,220	$	—
Total	$	1,220	$	—	$	1,220	$	—

Schedule of Notional Amounts of Outstanding Derivative Positions

The following table summarizes the Company’s derivative positions at June 30, 2014:

	Position	Notional Amount		Weighted Average Remaining Maturity In Years	Average Exchange Rate
Canadian Dollar/USD	Sell	$	37,151,612	0.4	1.07
Singapore Dollar/USD	Sell	$	1,973,834	0.5	1.25
Hong Kong Dollar/USD	Sell	$	1,558,146	0.5	7.75
Australian Dollar/USD	Sell	$	3,030,088	0.5	0.93
USD/British Pound	Sell	£	1,900,000	0.2	1.71
EURO/British Pound	Sell	£	8,000,000	0.5	0.80
Interest Rate Swap		$	166,250,000	2.1