FOREIGN CURRENCY FORWARD CONTRACTS (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Balance sheet locations, fair values and net gains and losses of foreign currency forward contracts

The following table sets forth the balance sheet classification and fair values of the Company’s foreign currency contracts at December 31, 2013 and 2012 (in thousands):

Derivatives Not Designated as Hedging Instruments Under Accounting Standards Codification (“ASC”) Topic 815	Balance Sheet Classification	Fair Value at December 31, 2013	Fair Value at December 31, 2012
Financial assets:
Foreign currency contracts	Other current assets	$59	$157
Financial liabilities:
Foreign currency contracts	Accrued expenses and other current liabilities	$228	$337

The following table sets forth the net foreign exchange gains and losses recorded as marketing and selling expenses in the Company’s statements of operations during the years ended December 31, 2013, 2012 and 2011 (Restated) that resulted from the gains and losses on Company’s foreign currency contracts not designated as hedging instruments and the revaluation of the related hedged items (in thousands):

Derivatives Not Designated as Hedging Instruments Under ASC Topic 815	Net (Loss) Gain Recorded in Marketing and Selling Expenses
	2013	2012	2011 (Restated)
Foreign currency contracts	$(187)	$(707)	$525

See Note E for additional information on the fair value measurements for all financial assets and liabilities, including derivative assets and derivative liabilities, that are measured at fair value on a recurring basis.