Derivative Instruments (Tables)

9 Months Ended

Sep. 29, 2013

Derivative Instruments And Hedging Activities Disclosure [Abstract]

As of September 29, 2013, the Company had the following outstanding forward contracts that were entered into to mitigate foreign currency exchange rate risk (in thousands):


Currency	Notional Value		USD Equivalent
Chinese Renminbi		20,000	$	3,213
Japanese Yen		235,400		2,395
Singapore Dollar		3,025		2,379
Euro		1,035		1,400
British Pound		650		1,036
Korean Won		1,121,500		1,029
Taiwanese Dollar		28,450		952
Swedish Krona		5,800		891
Hungarian Forint		135,000		603

Information Regarding Fair Value of Forward Contracts Outstanding

Information regarding the fair value of the forward contracts outstanding as of September 29, 2013 and December 31, 2012 was as follows (in thousands):

Asset Derivatives

Liability Derivatives

Balance

Fair Value

Balance

Fair Value

Sheet
Location

September 29,
2013

December 31,
2012

Sheet
Location

September 29,
2013

December 31,
2012

Currency forward contracts

Prepaid expenses and
other current assets

Accrued
expenses

Information Regarding Effect of Forward Contracts, Net of Underlying Exposure, on Consolidated Statements of Operations

Information regarding the effect of the forward contracts, net of the underlying exposure, on the Consolidated Statements of Operations for the three-month and nine-month periods ended September 29, 2013 and September 30, 2012 was as follows (in thousands):

Amount of Loss Recognized

Amount of Gain (Loss)
Recognized

Location of

Three-months ended

Location of

Nine-months ended

Loss
Recognized

September 29,
2013

September 30,
2012

Gain (Loss)
Recognized

September 29,
2013

September 30,
2012

Currency forward contracts

Foreign currency
loss

(186

)

(546

)

Foreign currency

gain (loss)

(637

)