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Derivative Financial Instruments (Tables)
9 Months Ended
Sep. 28, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule Of Fair Values Of The Company's Derivative Instruments And The Line Items On The Consolidated Balance Sheets
The fair values of the Company’s derivative instruments and the line items on the unaudited condensed consolidated balance sheet to which they were recorded as of September 28, 2014 and December 31, 2013 are summarized as follows (in thousands):
Derivative Assets
 
Balance Sheet
Location
 
Fair Value at
September 28, 2014
 
Balance Sheet
Location
 
Fair Value at
December 31, 2013
Derivative assets not designated as hedging instruments
 
Prepaid expenses and other current assets
 
$
2,889

 
Prepaid expenses and other current assets
 
$
842

Derivative assets designated as hedging
instruments
 
Prepaid expenses and other current assets
 
105

 
Prepaid expenses and other current assets
 
63

Total
 
 
 
$
2,994

 
 
 
$
905


 
Derivative Liabilities
 
Balance Sheet
Location
 
Fair Value at September 28, 2014
 
Balance Sheet
Location
 
Fair Value at
December 31, 2013
Derivative liabilities not designated as hedging instruments
 
Other accrued liabilities
 
$
520

 
Other accrued liabilities
 
$
368

Derivative liabilities designated as hedging instruments
 
Other accrued liabilities
 
29

 
Other accrued liabilities
 
13

Total
 
 
 
$
549

 
 
 
$
381

Schedule of Offsetting of Derivative Assets
The following tables set forth the offsetting of derivative assets as of September 28, 2014 and December 31, 2013 (in thousands):

As of September 28, 2014
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts of Recognized Assets
 
Gross Amounts Offset in the Condensed Consolidated Balance Sheets
 
Net Amounts Of Assets Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Pledged
 
Net Amount
Barclays        
 
$
1,484

 
$

 
$
1,484

 
$
(156
)
 
$

 
$
1,328

J.P. Morgan Chase
 
318

 

 
318

 

 

 
318

Wells Fargo
 
1,192

 

 
1,192

 
(393
)
 

 
799

Total
 
$
2,994

 
$

 
$
2,994

 
$
(549
)
 
$

 
$
2,445


As of December 31, 2013
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts of Recognized Assets
 
Gross Amounts Offset in the Condensed Consolidated Balance Sheets
 
Net Amounts Of Assets Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Pledged
 
Net Amount
Barclays        
 
$
905

 
$

 
$
905

 
$
(287
)
 
$

 
$
618

Wells Fargo
 

 

 

 

 

 

Total
 
$
905

 
$

 
$
905

 
$
(287
)
 
$

 
$
618

Schedule of Offsetting of Derivative Liabilities
The following tables set forth the offsetting of derivative liabilities as of September 28, 2014 and December 31, 2013 (in thousands):

As of September 28, 2014
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts of Recognized Liabilities
 
Gross Amounts Offset in the Condensed Consolidated Balance Sheets
 
Net Amounts Of Liabilities Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Pledged
 
Net Amount
Barclays        
 
$
156

 
$

 
$
156

 
$
(156
)
 
$

 
$

Wells Fargo
 
393

 

 
393

 
(393
)
 

 

Total
 
$
549

 
$

 
$
549

 
$
(549
)
 
$

 
$


As of December 31, 2013
 
 
 
 
 
 
 
Gross Amounts Not Offset in the Condensed Consolidated Balance Sheets
 
 
 
Gross Amounts of Recognized Liabilities
 
Gross Amounts Offset in the Condensed Consolidated Balance Sheets
 
Net Amounts Of Liabilities Presented in the Condensed Consolidated Balance Sheets
 
Financial Instruments
 
Cash Collateral Pledged
 
Net Amount
Barclays        
 
$
287

 
$

 
$
287

 
$
(287
)
 
$

 
$

Wells Fargo
 
94

 

 
94

 

 

 
94

Total
 
$
381

 
$

 
$
381

 
$
(287
)
 
$

 
$
94

Schedule Of Company's Derivative Instruments On Other Comprehensive Income And The Consolidated Statement Of Operations
The effects of the Company’s derivative instruments on OCI and the unaudited condensed consolidated statement of operations for the three and nine months ended September 28, 2014 and September 29, 2013 are summarized as follows (in thousands):

Derivatives Designated as Hedging Instruments
 
Three Months Ended September 28, 2014
 
Gain (Loss)
Recognized in
OCI -
Effective
Portion (a)
 
Location of
Gain (Loss)
Reclassified from OCI
into Income - Effective
Portion
 
Gain (Loss)
Reclassified
from
OCI into
Income -
Effective
Portion (a)
 
Location of
Gain (Loss)
Recognized in
Income and
Excluded from
Effectiveness  Testing
 
Amount of Gain  (Loss) Recognized in
Income and
Excluded from
Effectiveness Testing
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
401

 
Net revenue
 
$
320

 
Other income, net
 
$
(41
)
Foreign currency forward contracts
 

 
Cost of revenue
 

 
Other income, net
 

Foreign currency forward contracts
 

 
Operating expenses
 
(58
)
 
Other income, net
 

Total
 
$
401

 
 
 
$
262

 
 
 
$
(41
)



Derivatives Designated as Hedging Instruments
 
Nine Months Ended September 28, 2014
 
Gain (Loss)
Recognized in
OCI -
Effective
Portion (a)
 
Location of
Gain (Loss)
Reclassified from OCI
into Income - Effective
Portion
 
Gain (Loss)
Reclassified
from
OCI into
Income -
Effective
Portion (a)
 
Location of
Gain (Loss)
Recognized in
Income and
Excluded from
Effectiveness  Testing
 
Amount of Gain (Loss) Recognized in
Income and
Excluded from
Effectiveness Testing
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
(170
)
 
Net revenue
 
$
(221
)
 
Other income, net
 
$
(107
)
Foreign currency forward contracts
 

 
Cost of revenue
 
8

 
Other income, net
 

Foreign currency forward contracts
 

 
Operating expenses
 
(23
)
 
Other income, net
 

Total
 
$
(170
)
 
 
 
$
(236
)
 
 
 
$
(107
)

 
Derivatives Designated as Hedging Instruments
 
Three Months Ended September 29, 2013
 
Gain (Loss)
Recognized in
OCI -
Effective
Portion (a)
 
Location of
Gain (Loss)
Reclassified from OCI
into Income - Effective
Portion
 
Gain (Loss)
Reclassified
from
OCI into
Income -
Effective
Portion (a)
 
Location of
Gain (Loss)
Recognized in
Income and
Excluded from
Effectiveness Testing
 
Amount of Gain (Loss) Recognized in
Income and
Excluded from
Effectiveness Testing
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
(173
)
 
Net revenue
 
$
2

 
Other income, net
 
$
(35
)
Foreign currency forward contracts
 

 
Cost of revenue
 
(2
)
 
Other income, net
 

Foreign currency forward contracts
 

 
Operating expenses
 
42

 
Other income, net
 

Total
 
$
(173
)
 
 
 
$
42

 
 
 
$
(35
)



 
Derivatives Designated as Hedging Instruments
 
Nine Months Ended September 29, 2013
 
Gain (Loss)
Recognized in
OCI -
Effective
Portion (a)
 
Location of
Gain (Loss)
Reclassified from OCI
into Income - Effective
Portion
 
Gain (Loss)
Reclassified
from
OCI into
Income -
Effective
Portion (a)
 
Location of
Gain (Loss)
Recognized in
Income and
Excluded from
Effectiveness Testing
 
Amount of Gain (Loss) Recognized in
Income and
Excluded from
Effectiveness Testing
Cash flow hedges:
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
319

 
Net revenue
 
$
522

 
Other income, net
 
$
(83
)
Foreign currency forward contracts
 

 
Cost of revenue
 
(5
)
 
Other income, net
 

Foreign currency forward contracts
 

 
Operating expenses
 
(52
)
 
Other income, net
 

Total
 
$
319

 
 
 
$
465

 
 
 
$
(83
)

(a)
Refer to Note 10, Stockholders' Equity, which summarizes the cumulative other comprehensive income activity related to derivatives.

Schedule Of Derivatives Not Designated As Hedging Instruments
The effects of the Company’s non-designated hedged included in other income, net in the unaudited condensed consolidated statements of operations for the three and nine months ended September 28, 2014 and September 29, 2013 are as follows (in thousands):
 
Derivatives Not Designated as Hedging Instruments
 
Location of Gains (Losses)
Recognized in Income on Derivative
 
Amount of Gains (Losses)
Recognized in Income
 
Three Months Ended
September 28, 2014
 
Nine Months Ended September 28, 2014
Foreign currency forward contracts
 
Other income, net
 
$
3,567

 
$
1,629


Derivatives Not Designated as Hedging Instruments
 
Location of Gains (Losses)
Recognized in Income on Derivative
 
Amount of Gains (Losses)
Recognized in Income
 
Three Months Ended September 29,2013
 
Nine Months Ended September 29, 2013
Foreign currency forward contracts
 
Other income, net
 
$
(1,421
)
 
$
464