Derivatives and Hedging (Tables)

6 Months Ended

Jun. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Derivative Instruments by Contract Type and Location of Asset and/or Liability on Consolidated Condensed Balance Sheets

The following table summarizes the fair value of the Company's foreign currency forward contracts as well as the location of the asset and/or liability on the consolidated condensed balance sheets at June 30, 2016 and December 31, 2015 (in thousands):

	Asset Derivatives
	June 30, 2016			December 31, 2015
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Other current assets	$	171	Other current assets	$	520
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Other current assets	$	2,376	Other current assets	$	160

	Liability Derivatives
	June 30, 2016			December 31, 2015
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Derivatives designated as cash flow hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	2,616	Accounts payable and accrued expenses	$	296
Derivatives not designated as hedging instruments:
Foreign currency forward contracts	Accounts payable and accrued expenses	$	7,241	Accounts payable and accrued expenses	$	46

Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location

The following tables summarize the net effect of all cash flow hedges on the consolidated condensed financial statements for the three and six months ended June 30, 2016 (in thousands):

	Gain (Loss) Recognized in Other Comprehensive Income (Loss) (Effective Portion)
	Three Months Ended   June 30,				Six Months Ended   June 30,
Derivatives designated as cash flow hedging instruments	2016		2015		2016			2015
Foreign currency forward contracts	$	57	$	300	$	(1,614	)	$	2,155

	Gain (Loss) Reclassified from Other Comprehensive Income into Earnings (Effective Portion)
	Three Months Ended   June 30,					Six Months Ended   June 30,
Derivatives designated as cash flow hedging instruments	2016			2015		2016			2015
Foreign currency forward contracts	$	(629	)	$	112	$	(843	)	$	112

	Gain Recognized in Other Income (Expense) (Ineffective Portion)
	Three Months Ended   June 30,				Six Months Ended   June 30,
Derivatives designated as cash flow hedging instruments	2016		2015		2016		2015
Foreign currency forward contracts	$	—	$	418	$	—	$	621

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table details the amounts reclassified from accumulated other comprehensive loss to cost of goods sold, as well as changes in foreign currency translation for the six months ended June 30, 2016. Amounts are in thousands.

Accumulated other comprehensive loss, December 31, 2015	$	(11,813	)
Change in fair value of derivative instruments	(3,066		)
Amounts reclassified from accumulated other comprehensive income to cost of goods sold	272
Amounts reclassified from accumulated other comprehensive income to net sales	571
Foreign currency translation adjustments	3,618
Accumulated other comprehensive loss, June 30, 2016, before tax	$	(10,418	)
Accumulated other comprehensive loss, June 30, 2016, after tax	$	(10,356	)

Location of Gains in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type

The following table summarizes the location of net gains and losses in the consolidated condensed statements of operations that were recognized during the three and six months endedJune 30, 2016 and 2015, respectively (in thousands):

	Location of Net Gain (Loss) Recognized in Income on  Derivative Instruments	Amount of Net Gain (Loss) Recognized in Income on  Derivative Instruments
Derivatives not designated as hedging instruments		Three Months Ended   June 30,						Six Months Ended   June 30,
		2016			2015			2016			2015
Foreign currency forward contracts	Other income (expense), net	$	(3,546	)	$	(2,251	)	$	(9,858	)	$	341