XML 89 R34.htm IDEA: XBRL DOCUMENT v2.4.1.9
DERIVATIVES AND HEDGING ACTIVITIES (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Fair Value of Outstanding Derivative Instruments

The fair value of the Company’s outstanding derivative instruments is as follows:

 

     As at December 31,  
     2013      2014  

Derivative liabilities:

     

Derivatives designated as cash flow hedging instruments:

     

Foreign exchange option contracts

   $ —         $ 52   

Foreign exchange forward contracts

     16         12   
  

 

 

    

 

 

 

Total

$ 16    $ 64   
  

 

 

    

 

 

 
Increase in Unrealized Gains (Losses) Recognized in "Accumulated Other Comprehensive Income (Loss)" on Derivatives, Before Tax Effect

The increase in unrealized gains (losses) recognized in “accumulated other comprehensive income (loss)” on derivatives, before tax effect, is as follows:

 

    

Year ended December 31,

 
    

2012

    

2013

    

2014

 

Derivatives designated as cash flow hedging instruments:

        

Foreign exchange option contracts

   $ 177       $ 108       $ (389

Foreign exchange forward contracts

     69         175         (41
  

 

 

    

 

 

    

 

 

 
$ 246    $ 283    $ (430
  

 

 

    

 

 

    

 

 

Net (Gains) Losses Reclassified from "Accumulated Other Comprehensive Income (Loss)"

The net (gains) losses reclassified from “accumulated other comprehensive income (loss)” into income, are as follows:

 

    

Year ended December 31,

 
    

2012

    

2013

    

2014

 

Derivatives designated as cash flow hedging instruments:

        

Foreign exchange option contracts

   $ 124       $ (266    $ 337   

Foreign exchange forward contracts

     71         (249      45   
  

 

 

    

 

 

    

 

 

 
$ 195    $ (515 $ 382