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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Balance Sheet Location and Fair Value of Assets Associated with Derivative Financial Instruments
The following table presents the condensed consolidated balance sheet location and fair value of assets associated with derivative financial instruments:
(In thousands)
 
June 30, 2017
 
December 31, 2016
Derivatives not designated as hedging instruments:
 
 
 
 
Foreign exchange contracts: other current liabilities
 
$
827

 
$
258

Foreign exchange contracts: other current assets
 
560

 
566

Income Statement Location and Impact of Derivative Financial Instruments
The following table presents the condensed consolidated statement of income location and impact of derivative financial instruments:
 
 
 
 
(Gain) Loss Recognized in Income
 
 
 
 
Six Months Ended June 30,
(In thousands)
 
Statement of Income Location
 
2017
 
2016
Derivatives not designated as hedging instruments:
 
 
 
 
Foreign exchange contracts
 
Currency exchange (gains) losses
 
$
(5,014
)
 
$
1,694