DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

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

As of September 30, 2015 and December 31, 2014, the total notional values of the Company’s derivative assets and liabilities were as follows (in thousands):



	September 30, 2015		December 31, 2014
Euro	$	20,273	$	15,982
Japanese Yen	3,399		3,391
British Pound	4,570		1,784
Total	$	28,242	$	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 September 30, 2015 and December 31, 2014 (in thousands):



	September 30, 2015		December 31, 2014		Balance Sheet Classification
Derivative assets:
Foreign exchange contracts	$	419	$	1,258	Prepaid expenses and other current assets
Derivative liabilities:
Foreign exchange contracts	310		—		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 three and nine months ended September 30, 2015 and 2014 (in thousands):



	Three Months Ended September 30,						Nine Months Ended September 30,
	2015			2014			2015			2014
Derivatives in cash flow hedging relationships:
Net loss recognized in OCI	$	(582	)	$	(1,327	)	$	(1,197	)	$	(1,806	)
Net gain (loss) reclassified from accumulated OCI into Revenue	512			732			3,181			(26		)
Net loss reclassified from accumulated OCI into Other income (expense), net	—			—			—			(17		)
Net gain (loss) recognized in Other income (expense), net	44			(1		)	107			0
Derivatives not designated as hedging relationships:
Net gain recognized in Other income (expense), net	—			2			—			14