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DERIVATIVE INSTRUMENTS (Tables)
9 Months Ended
Sep. 30, 2015
Fair Value of Company Outstanding Forward Contracts

The fair value of the Company’s outstanding forward contracts as of September 30, 2015 was as follows:

 

                                                                           
(in thousands)    Asset Derivatives    Liability Derivatives
     Balance Sheet Location    Fair Value    Balance Sheet Location    Fair Value

Foreign currency forward contracts

     Other current assets       $ 140         Accrued expenses       $ 1,035   
Forward Contracts with Notional Values

The Company entered into forward contracts with notional values as follows:

 

                                                                           
     Notional Amount
     Three Months Ended
September 30,
   Nine Months Ended
September 30,
Currency (in thousands)    2015    2014    2015    2014

Euro

   33,309       —         33,309       21,900   

British pound

   £ 10,300       £ —         £ 10,300       £ 26,500   

Australian dollar

   A$ 27,000       A$ —         A$ 27,000       A$ 12,900   

Indian rupee

   Rs 300,000       Rs —         Rs 300,000       Rs 204,000   

United States dollar

   $ 45,500       $ —         $ 45,500       $ —     
Change in Fair Value of Forward Contracts
                                                       
     Three Months Ended
September 30,
  Nine Months Ended
September 30,
(in thousands)    2015   2014   2015   2014

Loss from the change in the fair value of forward contracts included in other (expense) income, net

   $ (319   $ —        $ (319   $ (532

Foreign currency transaction losses from the remeasurement of foreign currency assets and liabilities

   $ (412   $ (2,845   $ (4,342   $ (2,527