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Derivatives (Tables)
9 Months Ended
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Gain (Loss) Recorded in Other Expense (Income), Net in Consolidated Statements of Income
The following table sets forth the net (loss) gain recorded in other expense (income), net in the consolidated statements of income for the three- and nine-month periods ended September 30, 2016 and 2015 for non-designated derivatives held by the Company. Such amounts were substantially offset by the net (gain) loss recorded on the underlying hedged asset or liability, also recorded in other expense (income), net.
 
Three months ended September 30,
 
Nine months ended September 30,
 
2016
 
2015
 
2016
 
2015
Foreign exchange contracts
$
(3,755
)
 
$
(2,431
)
 
$
(7,506
)
 
$
4,514

Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table sets forth the (loss) gain, net of tax, recorded in accumulated other comprehensive income (loss), net of tax, for the three- and nine- month periods ended September 30, 2016 and 2015 for derivatives held by the Company and designated as hedging instruments.
 
Three months ended September 30,
 
Nine months ended September 30,
 
2016
 
2015
 
2016
 
2015
Cash flow hedges:
 
 
 
 
 
 
 
Interest rate contracts
$
137

 
$
(151
)
 
$
74

 
$
(320
)
Foreign exchange contracts
(287
)
 
(23
)
 
(654
)
 
447

 
$
(150
)
 
$
(174
)
 
$
(580
)
 
$
127

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
The following table sets forth the fair value amounts of derivative instruments held by the Company.
 
September 30, 2016
 
December 31, 2015
 
Asset Derivatives
 
Liability Derivatives
 
Asset Derivatives
 
Liability Derivatives
Derivatives designated as hedging instruments:
 
 
 
 
 
 
 
Interest rate contracts
$

 
$
(238
)
 
$

 
$
(357
)
Foreign exchange contracts

 
(355
)
 
484

 

 
 
 
 
 
 
 
 
Derivatives not designated as hedging instruments:
 
 
 
 
 
 
 
Foreign exchange contracts
74

 
(333
)
 
215

 
(101
)
Total derivatives
$
74

 
$
(926
)
 
$
699

 
$
(458
)