Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2012

Valuation of Foreign Currency Exchange Contracts by Pricing Levels

The following table summarizes the valuation of the Company’s foreign currency exchange contracts by the above pricing levels as of the valuation dates listed (in thousands):

	June 30, 2012				December 31, 2011
	Carrying Value		Observable market based inputs (Level 2)		Carrying Value		Observable market  based inputs (Level 2)
Foreign currency derivative instruments—asset position	$	1,957	$	1,957	$	2,514	$	2,514
Foreign currency derivative instruments—liability position		1,289		1,289		3,746		3,746