Hedging (Tables)

12 Months Ended

Dec. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Cash Flow Hedging Instruments

The following table summarizes the notional amount of the Company’s outstanding foreign currency forward contracts designated as cash flow hedges:

	As of December 31, 2015		As of December 31, 2014
Foreign Currency	(in thousands)
Euro	$	103,362	$	20,209
British pound sterling	78,756		13,515
Australian dollar	27,167		—
Total foreign currency forward contracts	$	209,285	$	33,724

Schedule of Foreign Exchange Contracts

The following table summarizes the fair value of the Company’s outstanding foreign currency forward contracts designated as cash flow hedges under GAAP included on the Company’s consolidated balance sheets:

As of December 31, 2015
Assets			Liabilities
Classification	Fair Value		Classification	Fair Value
(in thousands)
Prepaid and other current assets	$	5,161	Other liabilities, current portion	$	(769	)
Other assets	605		Other liabilities, excluding current portion	(132		)
Total assets	$	5,766	Total liabilities	$	(901	)

As of December 31, 2014
Assets			Liabilities
Classification	Fair Value		Classification	Fair Value
(in thousands)
Prepaid and other current assets	$	2,011	Other liabilities, current portion	$	—
Total assets	$	2,011	Total liabilities	$	—

Derivatives Offsetting

The following table summarizes the potential effect of offsetting derivatives by type of financial instrument on the Company’s consolidated balance sheets:

	As of December 31, 2015
	Gross Amounts Recognized			Gross Amounts Offset		Gross Amount Presented			Gross Amount Not Offset			Legal Offset
Foreign currency forward contracts	(in thousands)
Total assets	$	5,766		$	—	$	5,766		$	(901	)	$	4,865
Total liabilities	$	(901	)	$	—	$	(901	)	$	901		$	—

	As of December 31, 2014
	Gross Amounts Recognized		Gross Amounts Offset		Gross Amount Presented		Gross Amount Not Offset		Legal Offset
Foreign currency forward contracts	(in thousands)
Total assets	$	2,011	$	—	$	2,011	$	—	$	2,011