DERIVATIVE INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value of Company Outstanding Forward Contracts

The fair value of the Company’s outstanding forward contracts was as follows:

(in thousands)	December 31, 2016				December 31, 2015
	Recorded In:		Fair Value		Recorded In:		Fair Value
Asset Derivatives
Foreign currency forward contracts		Other current assets	$	628		Other current assets	$	48
Liability Derivatives
Foreign currency forward contracts		Accrued expenses	$	883		Accrued expenses	$	1,052

Forward Contracts Outstanding with Total Notional Values

The Company had forward contracts outstanding with total notional values as follows:

	As of December 31,
Currency (in thousands)	2016		2015
Euro	€	29,820	€	14,900
British pound	£	6,440	£	—
Australian dollar	A$	22,010	A$	9,100
United States dollar	$	73,125	$	9,400

Change in Fair Value of Forward Contracts

	Change in Fair Value in USD
	Year Ended December 31,
(in thousands)	2016			2015			2014
Loss from the change in the fair value of forward contracts included in other expense, net	$	(5,643	)	$	(1,047	)	$	(532	)
Foreign currency transaction gains (losses) from the remeasurement of foreign currency assets and liabilities		2,247			(4,168	)		(3,769	)