XML 45 R34.htm IDEA: XBRL DOCUMENT v3.5.0.2
Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2016
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)
 
September 30, 2016
 
December 31, 2015
 
September 30, 2016
 
December 31, 2015
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
 
$1,476
 
Prepaid
expenses
and other
current
assets
 
$436
 
Accrued
expenses
and other
current
liabilities
 
$1,690
 
Accrued
expenses
and other
current
liabilities
 
$2,895
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Asset Derivatives
 
Liability Derivatives
 
(In thousands)
 
September 30, 2016
 
December 31, 2015
 
September 30, 2016
 
December 31, 2015
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
 
$425
 
Prepaid
expenses
and other
current
assets
 
$627
 
Accrued
expenses
and other
current
liabilities
 
$674
 
Accrued
expenses
and other
current
liabilities
 
$783
Schedule of Derivative Instruments, Effect on Other Comprehensive Income (Loss)
The Effect of Derivative Instruments on Financial Performance
 
For the Three Months Ended September 30,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain (Loss) Recognized in Other
Comprehensive (Loss)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)
 
2016
 
2015
 
 
 
2016
 
2015
Foreign currency forward contracts
$
1,023

 
$
(554
)
 
Operating expenses
 
$
(641
)
 
$
(1,794
)
 
 
 
 
 
 
 
 
 
 
 
For the Nine Months Ended September 30,
 
(In thousands)
Derivatives in Cash Flow
Hedging Relationships
Amount of Gain Recognized in Other
Comprehensive (Loss) 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)
 
2016
 
2015
 
 
 
2016
 
2015
Foreign currency forward contracts
$
2,049

 
$
5,770

 
Operating expenses
 
$
(1,663
)
 
$
(11,462
)
Schedule Of Effect Of Derivative Instruments On Financial Performance
 
For the Three Months Ended September 30,
 
(In thousands)
Derivatives Not Designated as Hedging Instruments
Location of (Loss) Gain Recognized in Income on
Derivative
 
Amount of (Loss) Gain Recognized in Income on Derivative
 
 
 
2016
 
2015
Foreign currency forward contracts
Other expense, net
 
$
(1,693
)
 
$
1,238

 
 
 
 
 
 
 
For the Nine Months Ended September 30,
 
(In thousands)
Derivatives Not Designated as Hedging Instruments
Location of (Loss) Gain Recognized in Income on
Derivative
 
Amount of (Loss) Gain Recognized in Income on Derivative
 
 
 
2016
 
2015
Foreign currency forward contracts
Other expense, net
 
$
(5,658
)
 
$
1,727

Schedule Of Net Notional Foreign Currency Forward Contracts Outstanding
As of September 30, 2016, the Company had the following net notional foreign currency forward contracts outstanding (in thousands):
Foreign Currency
Currency
Denomination
Australian Dollar
AUD 14,700
Brazilian Real
BRL 7,800
Pounds Sterling
GBP 2,567
Canadian Dollar
CAD 1,450
Chinese Yuan Renminbi
CNY 33,800
Danish Krone
DKK 20,276
Euro
EUR 23,832
Hong Kong Dollar
HKD 32,500
Indian Rupee
INR 320,873
Japanese Yen
JPY 1,321,457
Singapore Dollar
SGD 10,097
Swiss Franc
CHF 32,000