Derivatives and Hedging (Tables)

6 Months Ended

Jun. 30, 2012

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 derivative instruments by contract type as well as the location of the asset and/or liability on the consolidated condensed balance sheets at June 30, 2012 and December 31, 2011 (in thousands):

	Asset Derivatives
	June 30, 2012			December 31, 2011
Derivatives not designated as hedging instruments	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign currency exchange contracts	Other current assets	$	1,957	Other current assets	$	2,514
	Liability Derivatives
	June 30, 2012			December 31, 2011
Derivatives not designated as hedging instruments	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Foreign currency exchange contracts	Accounts payable and accrued expenses	$	1,289	Accounts payable and accrued expenses	$	3,746

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 in the consolidated condensed statements of operations that were recognized during the three months ended June 30, 2012 and 2011, 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	Three Months Ended June 30,						Six Months Ended June 30,
		2012			2011			2012		2011
Foreign currency exchange contracts	Other income (expense)	$	(2,200	)	$	(5,716	)	$	3,485	$	(7,054	)