Foreign Currency Exchange Contracts and Hedging |
12 Months Ended |
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Dec. 31, 2015 | |
Derivative Instruments And Hedging Activities Disclosure [Abstract] | |
Foreign currency exchange contracts and hedging |
9. Foreign currency exchange contracts and hedging As of December 31, 2015, the Company’s total non-designated derivative contracts had notional amounts totaling approximately $5,686. These contracts were comprised of offsetting contracts with the same counterparty, each expires within one to nine months, and have an unrealized loss of approximately $14, net of tax. The nonperformance risk of the Company and the counterparty did not have a material impact on the fair value of the derivatives. During the year ended December 31, 2015, the ineffective portion relating to these hedges was immaterial and the hedges remained effective through their respective settlement dates. As of December 31, 2015, the Company had twenty-four designated hedges. |
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- References No definition available.
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- Definition The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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