DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Notional values of entity's foreign currency forward contracts mature within 12 months

As of March 31, 2015 and December 31, 2014, the total notional values of the Company’s derivative assets and liabilities were as follows (in thousands):

	March 31, 2015		December 31, 2014
Euro	$	27,384	$	15,982
Japanese Yen	2,656		3,391
British Pound	6,941		1,784
Total	$	36,981	$	21,157

Entity's foreign currency derivatives measured at fair value

The Company records all derivative assets and liabilities on the accompanying Condensed Consolidated Balance sheets at fair value. The following table shows the Company’s derivatives as of March 31, 2015 and December 31, 2014 (in thousands):

	March 31, 2015		December 31, 2014		Balance Sheet Classification
Derivative assets:
Foreign exchange contracts	$	3,063	$	1,258	Prepaid expenses and other current assets
Derivative liabilities:
Foreign exchange contracts	12		—		Accounts payable and accrued liabilities

Effect of entity's derivative instruments, net of tax, on Condensed Statements of Operations

The following table shows the effect, net of tax, of the Company’s derivative instruments on the accompanying Condensed Consolidated Statements of Operations and OCI for the threemonths endedMarch 31, 2015and 2014 (in thousands):

	Three Months Ended   March 31,
	2015		2014
Derivatives in cash flow hedging relationships:
Net gain (loss) recognized in OCI	$	1,788	$	(297	)
Net gain (loss) reclassified from accumulated OCI into Revenue	1,785		(444		)
Net loss reclassified from accumulated OCI into Other (expense) income, net	—		(10		)
Net gain (loss) recognized in Other (expense) income, net	14		(18		)
Derivatives not designated as hedging relationships:
Net gain recognized in Other (expense) income, net	—		1