Derivative Instruments and Hedges (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Fair Value of Forward Exchange Contracts not Designated as Hedging Instruments

The fair value of foreign exchange contracts not designated as hedging instruments are summarized below:

	March 31,		December 31,
(Amounts in thousands)	2016		2015
Current derivative assets	$	3,972	$	2,364
Noncurrent derivative assets	221		—
Current derivative liabilities	2,222		3,196
Noncurrent derivative liabilities	146		441

Summary of Fair Value of Forward Exchange Derivative Contracts in Designated Hedging Relationships

The fair value of foreign exchange contracts designated as hedging instruments are summarized below:

	March 31,		December 31,
(Amounts in thousands)	2016		2015
Current derivative assets	$	—	$	26
Current derivative liabilities	524		1,448

Impact of Net Changes in Fair Values of Forward Exchange Contracts Not Designated as Hedging Instruments

The impact of net changes in the fair values of foreign exchange contracts are summarized below:

	Three Months Ended March 31,
(Amounts in thousands)	2016		2015
Gain recognized in income	$	2,061	$	25,080