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Derivative Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Information Related to Recurring Fair Value Measurement of Derivative Instruments in Our Consolidated Balance Sheet

Information related to the recurring fair value measurement of derivative instruments in our consolidated balance sheet as of December 31, 2014 is as follows:

 

 

  

 

  

 

  

Asset Derivatives

 

  

Liability Derivatives

 

 

Net Asset/
(Liabilities)

 

 

  

Hedge Designation

  

Fair Value
Hierarchy

  

Balance Sheet
Location

 

  

Fair
Value

 

  

Balance Sheet
Location

  

Fair
Value

 

 

CRS

  

Not a hedge

  

Level 2

  

 

 

 

  

 

 

 

  

Current
liabilities

  

$

(2,466

)

 

 

 

 

 

  

 

  

 

  

 

 

 

  

 

 

 

  

Non current
liabilities

  

 

(6,698

)

 

 

 

 

Total CRS

  

 

  

 

  

 

 

 

  

 

 

 

  

 

  

$

(9,164

)

 

$

(9,164

Foreign currency derivatives

  

Not a hedge

  

Level 2

  

 

Current assets

  

  

$

145

  

  

 

  

 

 

 

 

$

145

  

 

  

 

  

 

  

 

Non‑current assets

 

  

 

1,345

  

  

 

  

 

 

 

 

$

1,345

  

Total foreign currency derivatives

  

 

  

 

  

 

 

 

  

$

1,490

  

  

 

  

 

 

 

 

$

1,490

  

Information related to the recurring fair value measurement of derivative instruments in our consolidated balance sheet as of December 31, 2013 is as follows:

 

 

  

 

  

 

  

Asset Derivatives

 

  

Liability Derivatives

 

 

Net Asset/
(Liabilities)

 

 

  

Hedge Designation

  

Fair Value
Hierarchy

  

Balance Sheet
Location

 

  

Fair
Value

 

  

Balance Sheet
Location

  

Fair
Value

 

 

CRS

  

Not a hedge

  

Level 2

  

 

 

 

  

 

 

 

  

Current
liabilities

  

$

(2,471

)

 

 

 

 

 

  

 

  

 

  

 

 

 

  

 

 

 

  

Non current
liabilities

  

 

(9,358

)

 

 

 

 

Total CRS

  

 

  

 

  

 

 

 

  

 

 

 

  

 

  

$

(11,829

)

 

$

(11,829

Foreign currency derivatives

  

Not a hedge

  

Level 2

  

 

Current assets

  

  

$

1

  

  

 

 

 

 

 

 

$

1

 

Foreign currency derivatives

  

Not a hedge

  

Level 2

  

 

Current assets

  

  

$

66

  

  

 

  

 

 

 

 

$

66

  

 

  

 

  

 

  

 

Non‑current assets

 

  

 

1,969

  

  

 

  

 

 

 

 

$

1,969

  

Total foreign currency derivatives

  

 

  

 

  

 

 

 

  

$

2,036

  

  

 

  

 

 

 

 

$

2,036

  

Interest rate swap derivatives

  

Cash flow hedge

  

Level 2

  

 

 

 

  

 

 

 

  

Current
liabilities

  

$

(81

)

 

$

(81

 

Information Related to Effect of Derivative Instruments on Our Consolidated Statements of Income

Information related to the effect of derivative instruments on our consolidated statements of income is as follows:  

 

 

 

Location

  

Year
Ended
December 31,
2014

 

 

Year
Ended
December 31,
2013

 

Foreign currency derivatives

 

Revaluation of derivatives

 

$

640

 

 

 

(1,327

)

 

 

Product Revenues

 

 

(390

)

 

 

 

 

 

Cost of Sales

 

 

(174

)

 

 

 

 

 

Selling, general and administrative

 

 

(161

)

 

 

 

 

 

Other Comprehensive Income

 

 

(10

)

 

 

 

 

 

Foreign currency gain (loss)

 

 

(976

)

 

 

(761

)

Total foreign currency derivatives

 

 

 

$

(1,071

)

 

$

(2,088

)

CRS

 

Revaluation of derivatives

 

$

(1,157

)

 

$

2,335

 

Interest Rate derivatives

 

Revaluation of derivatives

 

$

(1

)

 

$

(2

)

 

 

Other Comprehensive Income

 

 

81

 

 

 

143