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Fair Value Measurements (Tables)
3 Months Ended
Mar. 31, 2015
Fair Value Disclosures [Abstract]  
Summary of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis
Financial assets and liabilities measured at fair value on a recurring basis are summarized below (in thousands):
 
Fair Value Measurements as of
March 31, 2015
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Foreign currency exchange contracts
$

 
$
1,064

 
$

 
$
1,064

Liabilities
 
 
 
 
 
 
 
Foreign currency exchange contracts

 
(474
)
 

 
(474
)
Temporary Equity
 
 
 
 
 
 
 
Redeemable noncontrolling interests

 

 
(28,435
)
 
(28,435
)
 
Fair Value Measurements as of
December 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
Assets
 
 
 
 
 
 
 
Foreign currency exchange contracts
$

 
$
768

 
$

 
$
768

Liabilities
 
 
 
 
 
 
 
Foreign currency exchange contracts

 
(1,037
)
 

 
(1,037
)
Temporary Equity
 
 
 
 
 
 
 
Redeemable noncontrolling interests

 

 
(28,885
)
 
(28,885
)
Change in Redeemable Noncontrolling Interests
The components of the change in the redeemable noncontrolling interests for the periods ended March 31, 2015 and December 31, 2014 are presented in the following table (in thousands):
 
Amount
Balance at December 31, 2013
$
26,564

Initial redeemable noncontrolling interest related to business combinations
4,997

Net loss attributable to redeemable noncontrolling interests
(4,513
)
Adjustment of the redeemable noncontrolling interests to fair value
5,730

Effect of foreign currency translation attributable to redeemable noncontrolling interests
(3,893
)
Balance at December 31, 2014
28,885

Net income attributable to redeemable noncontrolling interests
468

Adjustment of the redeemable noncontrolling interests to fair value
664

Effect of foreign currency translation attributable to redeemable noncontrolling interests
(1,582
)
Balance at March 31, 2015
$
28,435