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Derivatives and Other Financial Instruments (Tables)
9 Months Ended
Sep. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Gross Fair Market Value of Derivative Instruments

The following table summarizes the gross fair market value of all derivative instruments, which are not designated as hedging instruments and their location in our condensed consolidated balance sheets at September 30, 2014 and December 31, 2013, in thousands:

 

Liability Derivatives
Derivative Instrument   Location   September 30, 2014   December 31, 2013
Foreign Currency
Exchange Contracts
  Accrued Expenses  $ 21   $ 14 
Schedule of Gain Recognized in Income

The following table summarizes, in thousands, the impact of the Company’s derivatives on the condensed consolidated income statements for the three and nine month periods ended September 30, 2014 and 2013:

 

        Amount of Gain Recognized in Operations
Derivative   Location of Gain
(loss) on Derivative
   Three Months Ended
September 30,
   Nine Month Ended
September 30,
Instrument   Instrument   2014   2013   2014   2013
Foreign Currency
 Exchange Contracts
  Gain (loss) on foreign
  currency exchange
  rate
 $ (21)  $ (23)  $  $