DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Dec. 31, 2016

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

The following table summarizes our asset and liability derivative financial instruments:

	December 31,
	2016		2015
	(In thousands)
Derivatives Designated as Hedges:
Location:
Accounts receivable-other	$	2,631	$	1,668
Other assets		-		215
Total derivatives asset	$	2,631	$	1,883
Accrued liabilities	$	9,361	$	26,649
Other liabilities		4		4,018
Total derivatives liability	$	9,365	$	30,667

Effects of Derivative Instruments on Consolidated Financial Statements

The following table summarizes the effects of derivative instruments on our Consolidated Financial Statements:

	December 31,
	2016			2015			2014
	(in thousands)
Derivatives Designated as Hedges:
Amount of gain (loss) recognized in other comprehensive income (loss)	$	4,004		$	(57,459	)	$	(65,503	)
Reclassified from AOCI to Cost of operations		34,556			76,034			26,418
Ineffective portion and amount excluded from effectiveness testing gain (loss) recognized in Gain (loss) on foreign currency, net		(1,461	)		6,238			6,910