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Derivative Instruments (Tables)
6 Months Ended
Jun. 30, 2014
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:

 
 
June 30,
  
December 31,
 
(in thousands)
 
2014
  
2013
 
 
 
  
 
Asset derivatives
 
  
 
Prepaid expenses and other current assets
 
$
3
  
$
140
 
Other assets
  
-
   
2
 
 
  
3
   
142
 
Liability derivatives
        
Other current liabilities
  
(37
)
  
(637
)
Other liabilities
  
(11
)
  
(18
)
 
  
(48
)
  
(655
)
 
        
Net fair value
 
$
(45
)
 
$
(513
)

Derivative Instruments, Gain (Loss) [Table Text Block]
For the three and six months ended June 30, 2014 and 2013, the Company recognized a net gain (loss) on its derivative instruments as outlined below:

 
 
Three Months ended
June 30,
  
Six Months ended
June 30,
 
(in thousands)
 
2014
  
2013
  
2014
  
2013
 
 
 
  
  
  
 
Foreign exchange contracts- change in fair value
 
$
11
  
$
(548
)
 
$
254
  
$
1
 
Remeasurement of related contract receivables,
 billings in excess of revenue earned, and
 subcontractor accruals
  
(6
)
  
138
   
(145
)
  
(144
)
 
                
Gain (loss) on derivative instruments, net
 
$
5
  
$
(410
)
 
$
109
  
$
(143
)