DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2014

Forward Contracts with Notional Values

During the first three months of 2014 and 2013, the Company entered into forward contracts with notional values as follows:

	Notional Amount
	Three Months Ended March 31,
Foreign currency (in thousands)	2014		2013
Euro	€	21,900	€	16,000
British pound	£	26,500	£	19,000
Australian dollar	A$	12,900	A$	—
Indian rupee	Rs	204,000	Rs	—

Change in Fair Value of Forward Contracts Recorded in Other Expense, Net

During the first three months of 2014 and 2013, the total change in the fair value of the Company’s forward contracts recorded in other expense, net, was as follows:

	Change in Fair Value in USD
	Three Months Ended March 31,
(in thousands)	2014		2013
(Loss) gain included in other (expense) income, net	$	(532)	$	837