Annual report pursuant to Section 13 and 15(d)

DERIVATIVE INSTRUMENTS AND HEDGING STRATEGIES (Tables)

v2.4.0.8
DERIVATIVE INSTRUMENTS AND HEDGING STRATEGIES (Tables)
12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Gain (Loss) Recognized on Instruments Designated as Fair Value Hedges
The Company recognized gains (losses) on derivative instruments designated as fair value hedges for the years ended December 31 as follows (in thousands):
 
 
2013
 
2012
 
2011
Foreign currency exchange contracts, effective and ineffective portions
 
$

 
$

 
$
5,770

Decrease in fair value of hedged items included in property and equipment
  corresponding to the effective portion of derivative gains
 

 

 
(5,810
)
 
 
$

 
$

 
$
(40
)