Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments [Abstract]

Fair Value of Derivative Instruments Liabilities

The following table sets forth the fair value of the Company’s derivative instruments recorded as liabilities located on the consolidated balance sheet at December 31, 2014 and 2013 (in thousands):

Liability Derivatives	Balance Sheet Location	2014		2013
Derivatives designated as hedging instruments under ASC 815:
Foreign currency contracts	Other accrued liabilities	$	—	$	59
Foreign currency contracts	Other long-term liabilities		—		—
Interest rate contracts	Other accrued liabilities		—		—
Total derivatives designated as hedging instruments under ASC 815		$	—	$	59
Total liability derivatives		$	—	$	59

Cash Flow Hedges

The following table sets forth the location and amount of gains and losses on the Company’s derivative instruments in the consolidated statements of earnings for the years ended December 31, 2014, 2013 and 2012 (in thousands):

	Location of Gain (Loss) Reclassified from Accumulated OCI into	Amount of Gain (Loss) Recognized in OCI on Derivatives (Effective Portion)
Derivatives in ASC 815 Cash	Income
Flow Hedging Relationships:	(Effective Portion)	2014		2013			2012
Interest rate contracts	Interest expense	$	—	$	1,486		$	7,716
Foreign exchange contracts	Cost of sales and operating expenses		145		(23	)		346
Total		$	145	$	1,463		$	8,062

Derivatives in ASC 815 Cash	Location of Gain (Loss) Reclassified from Accumulated OCI into Income	Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
Flow Hedging Relationships:	(Effective Portion)	2014		2013			2012
Interest rate contracts	Interest expense	$	—	$	(1,389	)	$	(8,321	)
Foreign exchange contracts	Cost of sales and operating expenses		121		—			19
Total		$	121	$	(1,389	)	$	(8,302	)