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Derivatives (Tables)
6 Months Ended
Jun. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]
The following table presents the fair value of derivative instruments included within the consolidated balance sheets as of June 30, 2017 and December 31, 2016 (in thousands):
 
 
 
Balance Sheet Location
 
Fair Value
 
 
 
 
 
2017
 
2016
 
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
Accrued expenses
 
$
182
 
$
318
 
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]
The effects of foreign currency forward contracts designated as cash flow hedges on the Company’s condensed consolidated statements of operations and comprehensive loss for the three and six months ended June 30, 2017 and 2016, respectively, were as follows (in thousands):
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
June 30,
 
June 30,
 
 
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net gain (loss) recognized in OCI(1)
 
$
(72)
 
$
(152)
 
$
161
 
$
234
 
Net gain (loss) reclassified from accumulated OCI into income(2)
 
$
103
 
$
41
 
$
25
 
$
(12)
 
Net gain recognized in income(3)
 
$
-
 
$
-
 
$
-
 
$
-
 
 
(1)Net change in fair value of the effective portion classified into other comprehensive income ("OCI")
(2)Effective portion classified within direct operating costs
(3)There were no ineffective portions for the period presented.