DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2014

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

The following tables summarize our derivative financial instruments:

Asset and Liability Derivatives

	December 31, 2014		December 31, 2013
	(in thousands)
Derivatives Designated as Hedges:
Location:
Accounts receivable-other	$	1,173	$	11,641
Other assets		16		1,647
Total asset derivatives	$	1,189	$	13,288
Accounts payable	$	32,431	$	20,209
Other liabilities		15,670		21,846
Total liability derivatives	$	48,101	$	42,055

Effects of Derivative Instruments on Financial Statements

The Effects of Derivative Instruments on our Financial Statements

	December 31,
	2014			2013
	(in thousands)
Derivatives Designated as Hedges:
Amount of gain/(loss) recognized in AOCI	$	(65,503	)	$	(52,781	)
Income (loss)  reclassified from AOCI into income: effective portion
Location
Cost of operations	$	26,418		$	1,715
Gain(loss) recognized in income (loss): ineffective portion and amount excluded from effectiveness testing
Location
Gain (loss) on foreign currency—net	$	6,910		$	13,247