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Derivatives (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Primary Net Hedging Positions and Corresponding Fair Values

The following tables provide a summary of the primary net hedging positions and corresponding fair values held as of December 31, 2013 and 2012:

 

     December 31, 2013  

Currency Hedged (Buy/Sell)

    Gross Notional
Value		      Fair Value(1)  

U.S. Dollar/Japanese Yen

    $ 7,191       $ 920   

U.S. Dollar/South Korean Won

      9,254         (521 ) 

U.S. Dollar/Euro

      2,806         (85 ) 

U.S. Dollar/U.K. Pound Sterling

      1,767         (50 ) 
  

 

 

     

 

 

  

Total

    $ 21,018       $ 264   
  

 

 

     

 

 

  

 

     December 31, 2012  

Currency Hedged (Buy/Sell)

    Gross Notional
Value		      Fair Value (1)  

U.S. Dollar/Japanese Yen

    $ 13,992       $ 961   

U.S. Dollar/South Korean Won

      19,374         (1,180 ) 

U.S. Dollar/Euro

      4,217         (57 ) 

U.S. Dollar/U.K. Pound Sterling

      3,865         (73 ) 
  

 

 

     

 

 

  

Total

    $ 41,448       $ (349 ) 
  

 

 

     

 

 

  

 

(1)

Represents the net receivable (payable) amount included in the consolidated balance sheet.
Summary of Fair Value Amounts of Company's Derivative Instruments

The following table provides a summary of the fair value amounts of the Company’s derivative instruments:

 

     Years Ended
December 31,		  

Derivatives Designated as Hedging Instruments

        2013             2012      

Derivative assets:

     

Forward exchange contracts

    $ 920      $ 961   

Derivative liabilities:

     

Forward exchange contracts

      (656 )      (1,310 ) 
  

 

 

    

 

 

  

Total net derivative asset (liability) designated as hedging instruments (1)

    $ 264      $ (349 ) 
  

 

 

    

 

 

  

 

(1)

The derivative asset of $920 and derivative liability of $656 are classified in other current assets and other current liabilities, respectively, in the consolidated balance sheet as of December 31, 2013. The derivative asset of $961 and derivative liability of $1,310 are classified in other current assets and other current liabilities, respectively, in the consolidated balance sheet as of December 31, 2012
Summary of Gains (Losses) on Derivatives Designated as Hedging Instruments

The following table provides a summary of the gains (losses) on derivatives designated as hedging instruments:

 

      Years Ended December 31,  

Derivatives Designated as Cash Flow Hedging Relationships

    2013     2012     2011  

Forward exchange contracts:

       

Net (loss) gain recognized in OCI (1)

    $ (48 )    $ 936      $ 4,311   

Net gain (loss) reclassified from accumulated OCI into income (2)

    $ 1,086      $ (930 )    $ (4,021 ) 

 

(1)

Net change in the fair value of the effective portion classified in OCI.

 

(2)

Effective portion classified as cost of products in 2013 and selling, general and administrative in 2012 and 2011.
Summary of (Losses) on Derivatives Not Designated as Hedging Instruments

The following table provides a summary of (losses) on derivatives not designated as hedging instruments:

 

      Years Ended December 31,  

Derivatives Not Designated as Hedging Instruments

    2013     2012     2011  

Forward exchange contracts:

       

Net (loss) recognized in income (1)

    $ (215 )    $ (1,606 )    $ —   

 

(1)

The Company has a forward foreign exchange contract that hedges an intercompany loan with its Korean subsidiary. This hedge does not qualify for hedge accounting and any gains (losses) are recorded immediately in selling, general and administrative expenses.