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Derivatives and Hedging (Tables)
12 Months Ended
Dec. 31, 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 balance sheets at December 31, 2016 and 2015 (in thousands):
 
Asset Derivatives
 
December 31, 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
 
$
2,660

 
Other current assets
 
$
520

 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency forward contracts
Other current assets
 
$
864

 
Other current assets
 
$
160

 
Liability Derivatives
 
December 31, 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
 
$
28

 
Accounts payable and
accrued expenses
 
$
296

 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign currency forward contracts
Accounts payable and
accrued expenses
 
$
57

 
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 financial statements for the year ended December 31, 2016 and 2015 (in thousands):
 
 
Net Gain (Loss) Recognized in Other Comprehensive Income
(Effective Portion)
 
 
Year Ended 
 December 31,
Derivatives designated as cash flow hedging instruments
 
2016
 
2015
Foreign currency forward contracts
 
$
(538
)
 
$
2,316

 
 
Net Gain (Loss) Reclassified from Other Comprehensive Income into Earnings
(Effective Portion)
 
 
Year Ended 
 December 31,
Derivatives designated as cash flow hedging instruments
 
2016
 
2015
Foreign currency forward contracts
 
$
(2,514
)
 
$
1,791

 
 
Net Gain Recognized in Other Income (Expense)
(Ineffective Portion)
 
 
Year Ended 
 December 31,
Derivatives designated as cash flow hedging instruments
 
2016
 
2015
Foreign currency forward contracts
 
$

 
$
1,149

Location of Gains and Losses in Consolidated Condensed Statements of Operations that were Recognized and Derivative Contract Type
The following table summarizes the location of gains and losses on the consolidated statements of operations that were recognized during the years ended December 31, 2016, 2015 and 2014, respectively, in addition to the derivative contract type (in thousands):
 
 
 
Amount of Gain (Loss) Recognized in Income on Derivative Instruments
Derivatives not designated as hedging instruments
Location of gain(loss) recognized in 
income on derivative instruments
 
Years Ended December 31,
 
2016
 
2015
 
2014
Foreign currency forward contracts
Other income (expense), net
 
$
(6,563
)
 
$
1,322

 
$
6,356