Derivative Instruments And Hedging Activities (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Instruments And Hedging Activities [Abstract]

Summary Of Notional Amounts Of Derivative Instruments

(In thousands)		US Dollar Equivalent
		As of March 31, 2013		As of December 31,
		(Unaudited)		2012
Euro	$	72,632	$	84,770
Japanese yen		35,257		42,209
Hungarian forint		37,342		36,005
Total forward contracts notional amount	$	145,231	$	162,984

Fair Values Of Derivative Instruments On Consolidated Balance Sheets

	Asset Derivatives
	March 31, 2013			December 31, 2012
(In thousands)	(Unaudited)
	Balance Sheet Location		Fair Value	Balance Sheet Location		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts - ST forwards	Prepaid expenses and other current assets	$	4,201	Prepaid expenses and other current assets	$	2,956
Foreign exchange contracts - LT forwards	Other long-term assets		2,517	Other long-term assets		1,046
Total derivatives designated as hedging instruments		$	6,718		$	4,002
Derivatives not designated as hedging instruments
Foreign exchange contracts - ST forwards	Prepaid expenses and other current assets	$	949	Prepaid expenses and other current assets	$	244
Total derivatives not designated as hedging instruments		$	949		$	244
Total derivatives		$	7,667		$	4,246

	Liability Derivatives
	March 31, 2013			December 31, 2012
(In thousands)	(Unaudited)
	Balance Sheet Location		Fair Value	Balance Sheet Location		Fair Value
Derivatives designated as hedging instruments
Foreign exchange contracts - ST forwards	Accrued expenses and other liabilities	$	(1,707)	Accrued expenses and other liabilities	$	(1,292)
Foreign exchange contracts - LT forwards	Other long-term liabilities		(915)	Other long-term liabilities		(798)
Total derivatives designated as hedging instruments		$	(2,622)		$	(2,090)
Derivatives not designated as hedging instruments
Foreign exchange contracts - ST forwards	Accrued expenses and other liabilities	$	(170)		$	(714)
Total derivatives not designated as hedging instruments		$	(170)		$	(714)
Total derivatives		$	(2,792)		$	(2,804)

Fair Values Of Derivative Instruments On Consolidated Statements Of Income

The following tables present the effect of derivative instruments on our Consolidated Statements of Income for three month periods ended March 31, 2013 and 2012, respectively:

March 31, 2013
(In thousands)
(Unaudited)
Derivatives in Cash Flow Hedging Relationship		Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)		Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
Foreign exchange contracts - forwards and options	$	4,263	Net sales	$	1,158	Net foreign exchange gain (loss)	$	-
Foreign exchange contracts - forwards and options		(1,427)	Cost of sales		108	Net foreign exchange gain (loss)		-
Foreign exchange contracts - forwards and options		(758)	Operating expenses		(1)	Net foreign exchange gain (loss)		-
Total	$	2,078		$	1,265		$	-

March 31, 2012
(In thousands)
(Unaudited)
Derivatives in Cash Flow Hedging Relationship		Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)	Location of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)		Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
Foreign exchange contracts - forwards and options	$	462	Net sales	$	476	Net foreign exchange gain (loss)	$	-
Foreign exchange contracts - forwards and options		2,248	Cost of sales		(8)	Net foreign exchange gain (loss)		-
Foreign exchange contracts - forwards and options		1,175	Operating expenses		55	Net foreign exchange gain (loss)		-
Total	$	3,885		$	523		$	-

(In thousands)
Derivatives not Designated as Hedging Instruments	Location of Gain (Loss) Recognized in Income		Amount of Gain (Loss) Recognized in Income		Amount of Gain (Loss) Recognized in Income
			March 31, 2013		March 31, 2012
			(Unaudited)		(Unaudited)
Foreign exchange contracts - forwards	Net foreign exchange gain/(loss)	$	1,324	$	(1,030)
Total		$	1,324	$	(1,030)