FAIR VALUE AND DERIVATIVE INSTRUMENTS (Tables)

9 Months Ended

Sep. 30, 2012

FAIR VALUE AND DERIVATIVE INSTRUMENTS

Schedule of financial instruments measured or disclosed at fair value on a recurring basis

	September 30, 2012
	Total			Level 1		Level 2			Level 3
	(in thousands)
Cash and cash equivalents	$	21,507		$	21,507	$	—		$	—
Restricted cash	5,088			5,088		—			—
Notes payable to bank	(14,150		)	—		(14,150		)	—
Variable interest rate debt	(8,516		)	—		(8,516		)	—
Foreign currency forward contracts, net	68			—		68			—

	December 31, 2011
	Total			Level 1		Level 2			Level 3
	(in thousands)
Cash and cash equivalents	$	21,736		$	21,736	$	—		$	—
Restricted cash	4,575			4,575		—			—
Notes payable to bank	(12,969		)	—		(12,969		)	—
Variable interest rate debt	(8,568		)	—		(8,568		)	—
Foreign currency forward contracts, net	(1,053		)	—		(1,053		)	—

Schedule of derivative financial instruments qualifying and designated as hedges

	September 30, 2012				December 31, 2011
	Notional Amount		Unrealized Loss		Notional Amount		Unrealized Loss
	(in thousands)
Foreign currency forwards	$	52,461	$	103	$	48,802	$	1,017

Schedule of fair value on Consolidated Balance Sheets of the foreign currency forward contracts

	September 30,			December 31,
	2012			2011
	(in thousands)
Foreign currency forwards designated as hedges:
Other current assets	$	358		$	334
Accrued expenses	(461		)	(1,351		)
Foreign currency forwards not designated as hedges:
Other current assets	403			315
Accrued expenses	(232		)	(351		)
Foreign currency forwards, net	$	68		$	(1,053	)