DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

12 Months Ended

Dec. 31, 2014

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

Schedule of Fair Value of Derivative Instruments in the Consolidated Balance Sheets

Derivative Contracts Not Designated as Hedging Instruments	Balance Sheet Location	December 31, 2014		December 31, 2013
Derivative Assets
Foreign Exchange Contracts	Prepayments and other	$	1,037	$	3,003
Foreign Exchange Contracts	Miscellaneous Other Assets		7		985
		$	1,044	$	3,988
Derivative Liabilities
Foreign Exchange Contracts	Accounts payable and accrued liabilities	$	2,378	$	522
Foreign Exchange Contracts	Deferred and other non-current liabilities		115		110
		$	2,493	$	632

Effect of Derivative Instruments on the Consolidated Statements of Income

The Effect of Derivative Instruments on the Consolidated Statements of Income
for the Fiscal Years Ended December 31, 2014 and December 31, 2013

Derivatives Not Designated as Hedging Instruments	Location of (Loss) Gain Recognized in Income on Derivative	Amount of (Loss) Gain Recognized in Income on Derivative
		2014			2013
Foreign Exchange Contracts	Other (Expense) Income Miscellaneous, net	$	(2,368	)	$	3,307
		$	(2,368	)	$	3,307

Schedule of offsetting derivative assets and liabilities

							Gross Amounts not Offset in the Statement of Financial Position
			Gross Amounts Offset in the Financial Position		Net Amounts Presented in the Statement of Financial Position
	Gross Amount						Financial Instruments		Cash Collateral Received		Net Amount
Description
December 31, 2014
Derivative Assets	$	1,044		—	$	1,044		—		—	$	1,044
Total Assets	$	1,044		—	$	1,044		—		—	$	1,044
Derivative Liabilities	$	2,493		—	$	2,493		—		—	$	2,493
Total Liabilities	$	2,493		—	$	2,493		—		—	$	2,493
December 31, 2013
Derivative Assets	$	3,988		—	$	3,988		—		—	$	3,988
Total Assets	$	3,988		—	$	3,988		—		—	$	3,988
Derivative Liabilities	$	632		—	$	632		—		—	$	632
Total Liabilities	$	632		—	$	632		—		—	$	632