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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Derivative [Line Items]  
Schedule Of The Fair Values Of Derivative Instruments
Fair Values of Derivative Instruments
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
June 30, 2013
 
December 31, 2012
 
June 30, 2013
 
December 31, 2012
Derivatives Designated as
Hedging Instruments
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
Foreign currency forward contracts
Prepaid
expenses
and other
current
assets
 
$3,223
 
Prepaid
expenses
and other
current
assets
 
$4,157
 
Accrued
expenses
and other
current
liabilities
 
$6,463
 
Accrued
expenses
and other
current
liabilities
 
$4,162
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
June 30, 2013
 
December 31, 2012
 
June 30, 2013
 
December 31, 2012
Derivatives Not Designated as
Hedging Instruments
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
 
Balance Sheet
Location
 
Fair
Value
Foreign currency forward contracts
Prepaid
expenses
and other
current
assets
 
$1,358
 
Prepaid
expenses
and other
current
assets
 
$448
 
Accrued
expenses
and other
current
liabilities
 
$623
 
Accrued
expenses
and other
current
liabilities
 
$52
Schedule Of Effect Of Derivative Instruments On Financial Performance
The Effect of Derivative Instruments on Financial Performance
 
For the Three Months Ended June 30,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Loss Recognized in Other
Comprehensive Income
(Effective Portion)
 
Location of Loss  Reclassified
from Accumulated Other
Comprehensive Loss into
Income
(Effective Portion)
 
Amount of Loss  Reclassified from
Accumulated Other 
Comprehensive Loss
(Effective Portion)
 
2013
 
2012
 
 
 
2013
 
2012
Foreign currency forward contracts
$
(58
)
 
$
(3,599
)
 
Operating expenses
 
$
(1,788
)
 
$
(779
)
 
 
 
 
 
 
 
 
 
 
 
For the Six Months Ended June 30,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Loss 
Recognized in Other
Comprehensive Income  (Effective Portion)
 
Location of Loss Reclassified
from Accumulated Other
Comprehensive Loss into
Income
(Effective Portion)
 
Amount of Loss  Reclassified from
Accumulated Other 
Comprehensive Loss
(Effective Portion)
 
2013
 
2012
 
 
 
2013
 
2012
Foreign currency forward contracts
$
(2,983
)
 
$
(38
)
 
Operating expenses
 
$
(2,312
)
 
$
(2,306
)
Schedule Of Net Notional Foreign Currency Forward Contracts Outstanding
As of June 30, 2013, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):
Foreign Currency
Currency
Denomination
Australian Dollar
AUD 8,104
Pounds Sterling
GBP 30,500
Canadian Dollar
CAD 6,700
Chinese Yuan Renminbi
CNY 73,520
Danish Krone
DKK 4,600
Euro
EUR 29,897
Hong Kong Dollar
HKD 51,245
Indian Rupee
INR 1,085,542
Japanese Yen
JPY 407,100
New Zealand Dollar
NZD 100
Singapore Dollar
SGD 11,300
Swiss Franc
CHF 26,107
Cash Flow Hedges [Member]
 
Derivative [Line Items]  
Schedule Of Effect Of Derivative Instruments On Financial Performance
There was no material ineffectiveness in the Company’s foreign currency hedging program in the periods presented.
 
 
For the Three Months Ended June 30,
 
(In thousands)
Derivatives Not Designated as Hedging Instruments
Location of Gain
(Loss) Recognized in Income on
Derivative
 
Amount of Gain (Loss) Recognized in Income on Derivative
 
 
 
2013
 
2012
Foreign currency forward contracts
Other (expense) income, net
 
$
2,006

 
$
(1,163
)
 
 
 
 
 
 
 
For the Six Months Ended June 30,
 
(In thousands)
Derivatives Not Designated as Hedging Instruments
Location of Gain (Loss) Recognized in Income on
Derivative
 
Amount of Gain (Loss) Recognized in Income on Derivative
 
 
 
2013
 
2012
Foreign currency forward contracts
Other (expense) income, net
 
$
1,727

 
$
(1,339
)