Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair value and balance sheet classification of derivative instruments designated as hedging instruments

The following table presents the fair value and balance sheet classification of our derivative instruments that were designated as hedging instruments (in thousands): 

	December 31,
	2015			2014
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Asset Derivatives:
Interest rate swaps	Other assets, net	$	413	Other assets, net	$	369
		$	413		$	369
Liability Derivatives:
Foreign exchange contracts	Accrued liabilities	$	14,955	Accrued liabilities	$	12,661
Interest rate swaps	Accrued liabilities	1,473		Accrued liabilities	561
Foreign exchange contracts	Other non-current liabilities	28,458		Other non-current liabilities	37,767
		$	44,886		$	50,989

Schedule of fair value and balance sheet classification of derivative instruments not designated as hedging instruments

The following table presents the fair value and balance sheet classification of our derivative instruments that were not designated as hedging instruments (in thousands): 

	December 31,
	2015			2014
	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Liability Derivatives:
Foreign exchange contracts	Accrued liabilities	$	6,763	Accrued liabilities	$	—
Foreign exchange contracts	Other non-current liabilities	11,251		Other non-current liabilities	—
		$	18,014		$	—

Schedule of impact of derivative instruments on Accumulated OCI

The following tables present the impact that derivative instruments designated as cash flow hedges had on our Accumulated OCI (net of tax) and our consolidated statements of operations (in thousands). We estimate that as of December 31, 2015, $9.6 million of losses in Accumulated OCI associated with our derivatives is expected to be reclassified into earnings within the next 12 months.

	Gain (Loss) Recognized in OCI on Derivatives, Net of Tax (Effective Portion)
	Year Ended December 31,
	2015			2014			2013
Foreign exchange contracts	$	4,734		$	(22,170	)	$	(9,796	)
Interest rate swaps	(534		)	70			(195		)
	$	4,200		$	(22,100	)	$	(9,991	)

Schedule of loss reclassified from Accumulated OCI into Earnings

	Location of Loss Reclassified from Accumulated OCI into Earnings	Loss Reclassified from Accumulated OCI into Earnings (Effective Portion)
		Year Ended December 31,
		2015			2014			2013
Foreign exchange contracts	Cost of sales	$	(11,516	)	$	(2,507	)	$	(1,324	)
Interest rate swaps	Net interest expense	(2,143		)	(858		)	(152		)
		$	(13,659	)	$	(3,365	)	$	(1,476	)

Schedule of impact of derivative instruments not designated as hedges on consolidated statement of operations

The following table presents the impact that derivative instruments not designated as hedges had on our consolidated statement of operations (in thousands): 

	Location of Gain (Loss) Recognized in Earnings on Derivatives	Gain (Loss) Recognized in Earnings on Derivatives
		Year Ended December 31,
		2015			2014		2013
Oil and gas commodity contracts	Loss on commodity derivative contracts	$	—		$	—	$	(14,113	)
Interest rate swaps	Other income (expense), net	—			—		(86		)
Foreign exchange contracts	Other income (expense), net	(18,014		)	7		(630		)
		$	(18,014	)	$	7	$	(14,829	)