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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of the Fair Values of Derivative Instruments
Fair Values of Derivative Instruments
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
December 31, 2013
 
December 31, 2012
 
December 31, 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
 
$4,559
 
Prepaid
expenses
and other
current
assets
 
$4,157
 
Accrued
expenses
and other
current
liabilities
 
$1,578
 
Accrued
expenses
and other
current
liabilities
 
$4,162
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
December 31, 2013
 
December 31, 2012
 
December 31, 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
 
$393
 
Prepaid
expenses
and other
current
assets
 
$448
 
Accrued
expenses
and other
current
liabilities
 
$165
 
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 Year ended December 31,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain Recognized in Other
Comprehensive Income (Loss)
(Effective Portion)
 
Location of Loss Reclassified
from Accumulated Other
Comprehensive Income (Loss) into Income
(Effective Portion)
 
Amount of Loss Reclassified from
Accumulated Other 
Comprehensive Income (Loss)
(Effective Portion)
 
2013
 
2012
 
 
 
2013
 
2012
Foreign currency forward contracts
$
2,862

 
$
5,164

 
Operating expenses
 
$
(2,929
)
 
$
(5,817
)
 
For the Year ended December 31,
 
(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
 
$
3,138

 
$
(1,341
)
Currency Forward Contracts Outstanding
As of December 31, 2013, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):
Foreign Currency
Currency
Denomination
Australian dollars
AUD 8,012
British pounds sterling
GBP 34,475
Canadian dollars
CAD 6,714
Chinese renminbi
CNY 81,250
Danish krone
DKK 1,500
Euro
EUR 27,820
Hong Kong dollars
HKD 51,063
Indian rupees
INR 1,201,622
Japanese yen
JPY 169,004
New Zealand dollars
NZD 300
Singapore dollars
SGD 12,600
Swiss francs
CHF 19,741