Fair-Value Measurements (Tables)

6 Months Ended

Jun. 30, 2016

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Assets and Liabilities

The following table presents the fair-value hierarchy for our Level 1 and Level 2 financial and non-financial assets and liabilities, which are measured at fair value on a recurring basis, and Level 3 non-financial measured at fair value:

	June 30, 2016					December 31, 2015
	Quoted prices in active markets		Significant other observable inputs		Unobservable inputs	Quoted prices in active markets	Significant other observable inputs		Unobservable inputs
(in thousands)	(Level 1)		(Level 2)		(Level 3)	(Level 1)	(Level 2)		(Level 3)
Fair Value
Assets:
Cash equivalents	$16,366		$-		$-	$5,189	$-		$-
Asset held for sale	-		-		5,078	-	-		4,988
Prepaid expenses and other current assets:
Foreign currency options	-		366		-	-	-		-
Other Assets:
Common stock of unaffiliated foreign public company	744	(a)	-		-	819	-		-
Liabilities:
Other noncurrent liabilities:
Interest rate swaps	-		4,336	(b)		-	(2,400	) (c)

(a) Original cost basis $0.5 million

(b) Net of $13.4 million receivable floating leg and $17.8 million liability fixed leg

(c) Net of $7.4 million receivable floating leg and $9.8 million liability fixed leg

Schedule of (Losses)/Gains on Changes in Fair Value of Derivative Instruments

Gains/(losses) related to changes in fair value of derivative instruments that were recognized in Other (income)/expenses, net in the Consolidated Statements of Income were as follows:

	Three months ended  June 30,		Six months ended  June 30,
(in thousands)	2016	2015	2016	2015
Derivatives not designated as hedging instruments
Foreign currency options	$250	($92)	$455	$125