Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2017

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value

The following table presents the Company’s financial assets and liabilities which are measured at fair values on a recurring basis as of September 30, 2017 and December 31, 2016, (in thousands).

	Fair Value		Level 1		Level 2		Level 3
September 30, 2017
Assets:
Repurchase agreements	$	363,335	$	—	$	363,335	$	—
Money market	50,341		—		50,341		—
Certificates of deposit	9,370		—		9,370		—
Foreign exchange contracts	111,235		28		111,207		—
Total assets	$	534,281	$	28	$	534,253	$	—
Cash collateral for foreign exchange contracts	$	33,911	$	—	$	—	$	—
Liabilities:
Foreign exchange contracts contracts	$	106,175	$	353	$	105,822	—
Total liabilities	$	106,175	$	353	$	105,822
Cash collateral obligation for foreign exchange contracts	$	20,272	$	—	$	—	$	—
December 31, 2016
Assets:
Repurchase agreements	$	232,131	$	—	$	232,131	$	—
Money market	50,179		—		50,179		—
Certificates of deposit	48		—		48		—
Total cash equivalents	$	282,358	$	—	$	282,358	$	—