DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

9 Months Ended

Sep. 30, 2013

DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES

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

Derivative Contracts Not Designated as Hedging Instruments	Balance Sheet Location	September 30, 2013		December 31, 2012
Derivative Assets
Foreign Exchange Contracts	Prepaid and other	$	3,530	$	332
Foreign Exchange Contracts	Miscellaneous Other Assets	31		982
		$	3,561	$	1,314
Derivative Liabilities
Foreign Exchange Contracts	Accounts payable and accrued liabilities	$	838	$	2,097
Foreign Exchange Contracts	Deferred and other non-current liabilities	163		164
		$	1,001	$	2,261

Effect of Derivative Instruments on the Condensed Consolidated Statements of Income

The Effect of Derivative Instruments on the Condensed Consolidated Statements of Income

for the Quarters Ended September 30, 2013 and September 30, 2012

Derivatives Not Designated as	Location of Gain or (Loss) Recognized in	Amount of Gain or (Loss) Recognized in Income on Derivative
Hedging Instruments	Income on Derivative	2013		2012
Foreign Exchange Contracts	Other Income (Expense) Miscellaneous, net	$	2,894	$	(81	)
		$	2,894	$	(81	)

The Effect of Derivative Instruments on the Condensed Consolidated Statements of Income

for the Nine Months Ended September 30, 2013 and September 30, 2012

Derivatives Not Designated as	Location of Gain or (Loss) Recognized in	Amount of Gain or (Loss) Recognized in Income on Derivative
Hedging Instruments	Income on Derivative	2013		2012
Foreign Exchange Contracts	Other Income (Expense) Miscellaneous, net	$	2,851	$	(1,316	)
		$	2,851	$	(1,316	)

Schedule of offsetting derivative assets and liabilities

				Net Amounts		Gross Amounts not Offset in the
			Gross Amounts	Presented in		Statement of Financial Position
	Gross		Offset in the	the Statement of		Financial	Cash Collateral	Net
	Amount		Financial Position	Financial Position		Instruments	Received	Amount
Description
2013
Derivative Assets	$	3,561	--	$	3,561	--	--	$	3,561
Total Assets	$	3,561	--	$	3,561	--	--	$	3,561
Derivative Liabilities	$	1,001	--	$	1,001	--	--	$	1,001
Total Liabilities	$	1,001	--	$	1,001	--	--	$	1,001
2012
Derivative Assets	$	1,314	--	$	1,314	--	--	$	1,314
Total Assets	$	1,314	--	$	1,314	--	--	$	1,314
Derivative Liabilities	$	2,261	--	$	2,261	--	--	$	2,261
Total Liabilities	$	2,261	--	$	2,261	--	--	$	2,261