Derivative and Hedging Activities Derivative and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2015

Schedule of Derivatives Instruments Gain and Losses Reported in Statement of Operations

The locations and amounts of designated and non-designated derivative instruments’ gains and losses reported in the Company’s Consolidated Statements of Operations were as follows (in thousands):



		Years ended December 31,
	Financial Statement Location	2015			2014			2013
Derivatives designated as hedging instruments:
Gains (losses) in AOCI on derivatives (effective portion)	AOCI	$	(133	)	$	311		$	—
Gains reclassified from AOCI into income (effective portion)	Cost of Revenue	$	59
	Operating Expense	365
	Total	$	424		$	—		$	—
Gains (losses) recognized in income on derivatives (amount excluded from effectiveness testing)	Other income (expense), net	$	(87	)	$	18		$	—
Derivatives not designated as hedging instruments:
Gains (losses) recognized in income	Other income (expense), net	$	344		$	(72	)	$	596

Schedule of Notional Amounts of Outstanding Derivative Positions

The U.S. dollar equivalent of all outstanding notional amounts of foreign currency forward contracts are summarized as follows (in thousands):



	December 31,
	2015		2014
Derivatives designated as cash flow hedges:
Purchase	$	12,984	$	16,903
Derivatives not designated as hedging instruments:
Purchase	$	6,942	$	1,043
Sell	$	11,332	$	4,925

Schedule of Foreign Exchange Contracts - Balance Sheet

The locations and fair value amounts of the Company’s derivative instruments reported in its Consolidated Balance Sheets are as follows (in thousands):



		Asset Derivatives					Asset Liabilities
	Balance Sheet Location	December 31, 2015		December 31, 2014		Balance Sheet Location	December 31, 2015		December 31, 2014
Derivatives designated as hedging instruments:
Foreign currency contracts	Prepaid expenses and other current assets	$	13	$	329	Accrued Liabilities	$	281	$	—
		$	13	$	329		$	281	$	—

Derivatives not designated as hedging instruments:
Foreign currency contracts	Prepaid expenses and other current assets	$	100	$	12	Accrued Liabilities	$	90	$	7
		$	100	$	12		$	90	$	7
Total derivatives		$	113	$	341		$	371	$	7

Offsetting of Derivative Assets and Liabilities

As of December 31, 2015, information related to the offsetting arrangements was as follows (in thousands):



						Gross Amounts of Derivatives Not Offset in the Consolidated Balance Sheets
	Gross Amounts of Derivatives		Gross Amounts of Derivatives Offset in the Consolidated Balance Sheets	Net Amounts of Derivatives Presented in the Consolidated Balance Sheets		Financial Instrument			Cash Collateral Pledged	Net Amount
Derivative Assets	$	113	—	$	113	$	(113	)	—	$	—
Derivative Liabilities	$	371	—	$	371	$	(113	)	—	$	258