XML 56 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Financial Information Related to Hedging of Net Assets Included in Consolidated Statement of Earnings

Summary financial information related to these activities included in our consolidated statement of earnings as other income (expense) is as follows (in thousands):

 

     Year Ended December 31,  
     2013      2012      2011  
  

 

 

 

Change in gains (losses) from foreign exchange derivatives

     $ (1,998)             $ (1,347)             $ (825)       

Gain (loss) on net foreign currency assets

     1,474              406              (1,181)       
  

 

 

 

Net foreign exchange loss

     $ (524)             $ (941)             $ (2,006)       
  

 

 

 
     As of         
     December 31,
2013
     December 31,
2012
        

Notional balance of outstanding contracts:

        

Euro/US dollar

   41,021        37,598       

Pound/US dollar

   £       £ 3,810       

Net fair value of outstanding contracts

   $ 33        $ 18       
Financial Information Related to Cash Flow Hedges

Summary financial information related to the cash flow hedges is as follows (in thousands):

 

    As of  
    December 31,
2013
    December 31,
2012
 

Net unrealized gains (losses) deferred in other comprehensive income:

   

Gross

    $ 208           $ (9,936)       

Income tax expense (benefit)

    90           (2,695)       
 

 

 

   

 

 

 

Net

    $ 118           $ (7,241)       
 

 

 

   

 

 

 
Financial Information Related to Cash Flow Hedges of Future Revenues

Summary financial information related to the cash flow hedges of future revenues follows (in thousands, except percentages):

 

     As of  
     December 31,
2013
     December 31,
2012
 

Notional balance of outstanding contracts versus the dollar

     € 85,627             € 88,680       

Hedge effectiveness

     100%             100%       

 

     Year Ended December 31,  
     2013         2012         2011   
  

 

 

 

Net gains and (losses) included in revenue

     $ (4,294)           $ 4,201         $ (4,159)     
Forward Contract Amounts Recorded in Consolidated Balance Sheet

The amounts recorded on our consolidated balance sheets are as follows (in thousands):

 

     As of  
     December 31,
2013
     December 31,
2012
 

Liabilities:

     

Accrued liabilities

     $ 2,743             $ 2,045       
  

 

 

    

 

 

 

Total

     $ 2,743             $ 2,045