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Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Outstanding Forward Contracts

As of June 30, 2013, the Company had the following outstanding forward contracts that were entered into to mitigate foreign currency exchange rate risk (in thousands):

 

Currency

   Notional
Value
     USD
Equivalent
 

Japanese Yen

     316,600       $ 3,214   

Korean Won

     275,000         240   

Hungarian Forint

     99,500         436   

Taiwanese Dollar

     27,500         920   

Swedish Krona

     5,700         848   

Singapore Dollar

     2,500         1,968   

British Pound

     425         654   
Information Regarding Fair Value of Forward Contracts Outstanding

Information regarding the fair value of the forward contracts outstanding as of June 30, 2013 and December 31, 2012 was as follows (in thousands):

 

    

Asset Derivatives

    

Liability Derivatives

 
          Fair Value           Fair Value  
    

Balance Sheet Location

   June 30,
2013
     December 31,
2012
    

Balance Sheet Location

   June 30,
2013
     December 31,
2012
 

Foreign currency forward contracts

   Prepaid expenses and other current assets    $ 61       $ 44       Accrued expenses    $ 11       $ 14   
Information Regarding Effect of Forward Contracts, Net of Underlying Exposure, on Consolidated Statements of Operations

Information regarding the effect of the forward contracts, net of the underlying exposure, on the Consolidated Statements of Operations for the three-month and six-month periods ended June 30, 2013 and July 1, 2012 was as follows (in thousands):

 

          Amount of Gain
Recognized
          Amount of Gain  (Loss)
Recognized
 
          Three-months ended           Six-months ended  
    

Location of Gain

Recognized

   June 30,
2013
     July 1,
2012
    

Location of Gain (Loss)
Recognized

   June 30,
2013
     July 1,
2012
 

Foreign currency forward contracts

  

Foreign currency gain

   $ 64       $ 198      

Foreign currency gain (loss)

   $ 197       $ (91