XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
DERIVATIVE INSTRUMENTS (Tables)
 6 Months Ended
Jun. 30, 2017
Information of Location and Fair Value of Derivative Financial Instrument Included in Consolidated Statement of Financial Positions

The following table provides information on the location and fair value of the derivative financial instrument included in our consolidated statement of financial positions as of June 30, 2017.

 

Particulars

    Notional
amount
outstanding		      Fair value of
derivative and
location on
statement of
financial
position as on
30th June 2017		      Loss on fair value
for three months
ended June 30, 2017		      Gain on fair value
for six months ended
June 30, 2017		  
         Effective     Ineffective      Effective      Ineffective  
            (In thousands)  

Cash flow hedge

        




 Deferred
income
taxes and
other
non-current
assets		  
 
 
 
 
 		     

 Other
current
assets		  
 
 		      

Pay fixed interest rate swap

    $
 		 288.8
Million		  
 		    $ 765      $ 59      $ (672 )      —        $ 291        —    
Interest Rate Swap | Cash flow Hedge  
Net Gains (Losses) Recorded in Accumulated Other Comprehensive (Loss) Income

The following table presents the net gains (losses) recorded in accumulated other comprehensive (loss) income relating to the Swap contract designated as cash flow hedges for the periods ending June 30, 2017 and 2016.

Gains on Derivatives:

 

                       (In thousands)  
     THREE MONTHS ENDED
June 30,		      SIX MONTHS ENDED
June 30,		  
     2017      2016      2017      2016  

Gains (Loss) recognized in other comprehensive income

    $ (672 )     $ —        $ 291      $ —