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Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2013
Derivative Instruments [Abstract]  
Estimated fair value of the contracts in the consolidated balance sheets
The Company has not designated any of the foreign exchange contracts outstanding as hedges and has recorded the estimated fair value of the contracts in the consolidated balance sheets as follows:

 
 
September 30,
  
December 31,
 
(in thousands)
 
2013
  
2012
 
 
 
  
 
Asset derivatives
 
  
 
Prepaid expenses and other current assets
 
$
141
  
$
296
 
Other assets
  
7
   
20
 
 
  
148
   
316
 
Liability derivatives
        
Other current liabilities
  
(653
)
  
(190
)
Other liabilities
  
(7
)
  
(149
)
 
  
(660
)
  
(339
)
 
        
Net fair value
 
$
(512
)
 
$
(23
)
Gain (loss) from derivative instruments
For the three and nine months ended September 30, 2013 and 2012, the Company recognized a net gain (loss) on its derivative instruments as outlined below:

 
 
Three Months ended
September 30,
  
Nine Months ended
September 30,
 
(in thousands)
 
2013
  
2012
  
2013
  
2012
 
 
 
  
  
  
 
Foreign exchange contracts- change in fair value
 
$
(481
)
 
$
(134
)
 
$
(480
)
 
$
(42
)
Remeasurement of related contract receivables,
 billings in excess of revenue earned, and
 subcontractor accruals
  
403
   
154
   
259
   
78
 
 
                
Gain (loss) on derivative instruments, net
 
$
(78
)
 
$
20
  
$
(221
)
 
$
36