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Financial Instruments
 12 Months Ended
Dec. 31, 2012
Investments, All Other Investments [Abstract]  
Financial Instruments Disclosure [Text Block]
14. Financial Instruments

 

The following table sets forth the financial instruments as of December 31, 2012 and 2011, that the Company measured at fair value, on a recurring basis by level, within the fair value hierarchy (in thousands). As required by the standard, assets measured at fair value are classified in their entirety based on the lowest level of input that is significant to their fair value measurement.

 

December 31, 2012   Level 1     Level 2     Level 3  
                   
Assets                        
Derivatives   $ —     $ 125     $ —  

 

December 31, 2011   Level 1     Level 2     Level 3  
                   
Liability                        
Derivatives   $ —     $ 1,782     $ —  

 

The Level 2 assets contain foreign currency forward contracts. Fair value is determined based on the observable market transactions of spot and forward rates. The fair value of these contracts as of December 31, 2012 is included in prepaid expenses and other current assets and fair value as of December 31, 2011 is included in accrued expenses in the accompanying consolidated balance sheets.