XML 38 R25.htm IDEA: XBRL DOCUMENT v3.3.1.900
Nature Of Business And Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Economic Useful Lives Of Property, Plant And Equipment
The following table presents the assigned economic useful lives of property, plant and equipment:
Category
  
Economic
Useful Life
 
Buildings
  
30 years
  
Machinery and equipment
  
5-12 years
  
Office furniture and fixtures
  
3-5 years
  
Allowance For Doubtful Accounts
Activity related to the allowance for doubtful accounts was as follows:
 
 
2015
 
2014
 
2013
Balance at January 1
 
$
1,890

 
$
2,473

 
$
2,173

Provision for bad debts, net of recoveries
 
427

 
579

 
323

Uncollectable accounts written off
 
(114
)
 
(617
)
 
(31
)
Foreign currency translation
 
(392
)
 
(545
)
 
8

Balance at December 31
 
$
1,811

 
$
1,890

 
$
2,473

Summary Of Product Warranty Activity
Activity related to the warranty accrual was as follows:
 
 
2015
 
2014
 
2013
Balance at January 1
 
$
19,272

 
$
14,997

 
$
10,714

Provision for warranty accrual
 
22,808

 
15,449

 
11,363

Warranty claims
 
(12,208
)
 
(9,165
)
 
(7,405
)
Foreign currency translation and other
 
(1,662
)
 
(2,009
)
 
325

Balance at December 31
 
$
28,210

 
$
19,272

 
$
14,997

Assets And Liabilities Measured At Fair Value
The following table presents information about the Company's assets and liabilities measured at fair value:
 
 
 
 Fair Value Measurements at December 31, 2015
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Cash equivalents
$
214,232

 
$
214,232

 
$

 
$

Short-term investments
106,375

 
106,375

 

 

Auction rate securities
1,136

 

 

 
1,136

Total assets
$
321,743

 
$
320,607

 
$

 
$
1,136

Liabilities
 
 
 
 
 
 
 
Collateralized long-term note

$
19,667

 
$
19,667

 
$

 
$

Contingent purchase consideration
$
20

 
$

 
$

 
$
20

Total liabilities
$
19,687

 
$
19,667

 
$

 
$
20

 
 
 
 
 
 
 
 
 
 
 
 Fair Value Measurements at December 31, 2014
 
 
 
 
Total
 
Level 1
 
Level 2
 
Level 3
Assets
 
 
 
 
 
 
 
Cash equivalents
$
266,011

 
$
266,011

 
$

 
$

Auction rate securities
1,128

 

 

 
1,128

Total assets
$
267,139

 
$
266,011

 
$

 
$
1,128

Liabilities
 
 
 
 
 
 
 
Collateralized long-term note

$
21,667

 
$
21,667

 
$

 
$

Contingent purchase consideration
$
98

 
$

 
$

 
$
98

Interest rate swap
151

 

 
151

 

Total liabilities
$
21,916

 
$
21,667

 
$
151

 
$
98

Assets Measured At Fair Value On A Recurring Basis Using Significant Unobservable Inputs
The following table presents information about the Company's movement in Level 3 assets and liabilities measured at fair value:
 
 
2015
 
2014
 
2013
Auction Rate Securities
 
 
 
 
 
 
Balance, January 1
 
$
1,128

 
$
1,120

 
$
1,112

Change in fair value and accretion
 
8

 
8

 
8

Balance, December 31
 
$
1,136

 
$
1,128

 
$
1,120

Contingent Purchase Consideration
 
 
 
 
 
 
Balance, January 1
 
$
98

 
$
375

 
$
3,023

Period transactions
 
(50
)
 

 

Change in fair value and currency fluctuations
 
(28
)
 
(277
)
 
(2,648
)
Balance, December 31
 
$
20

 
$
98

 
$
375

Components Of Accumulated Other Comprehensive Income (Loss)
Total components of accumulated other comprehensive loss were as follows:
 
 
December 31,
 
 
2015
 
2014
Foreign currency translation adjustments
 
$
(181,725
)
 
$
(112,411
)
Unrealized gain (loss) on derivatives, net of tax of $45 and $67
 
11

 
(84
)
Change in carrying value of auction rate securities
 
232

 
232

Accumulated other comprehensive loss
 
$
(181,482
)
 
$
(112,263
)
Fair Value Of Cash Flow Hedges
The fair value amounts in the consolidated balance sheets were:
Notional Amounts1
 
Other Assets
 
Other Current Liabilities
 
Deferred
Income Taxes
And Other
Long-Term
Liabilities
December 31,
 
December 31,
 
December 31,
 
December 31,
2015
 
2014
 
2015
 
2014
 
2015
 
2014
 
2015
 
2014
$

 
$
11,333

 
$

 
$

 
$

 
$
151

 
$

 
$

 (1) Notional amounts represent the gross contract/notional amount of the derivative outstanding.
Derivative Gains (Losses) In The Consolidated Statements Of Income Related To Interest Rate Swap Contracts
The derivative gains and losses in the consolidated statements of income for the years ended December 31, 2015, 2014 and 2013, related to the Company's previous interest rate swap contract was as follows:
 
 
Year Ended December 31,
 
 
2015
 
2014
 
2013
Effective portion recognized in other comprehensive (loss) income, pretax:
 
 
 
 
 
 
Interest rate swap
 
$
304

 
$
567

 
$
881

Effective portion reclassified from other comprehensive (loss) income to interest expense, pretax:
 
 
 
 
 
 
Interest rate swap
 
$
(153
)
 
$
(295
)
 
$
(449
)
Ineffective portion recognized in income:
 
 
 
 
 
 
Interest rate swap
 
$

 
$

 
$