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Derivatives (Tables)
 12 Months Ended
Dec. 31, 2014
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, 2014 and 2013:

 

     December 31, 2014  

Currency Hedged (Buy/Sell)

    Gross Notional
Value		      Fair Value (1)  

U.S. Dollar/Japanese Yen

    $ 8,035       $ 1,107   

U.S. Dollar/South Korean Won

      12,512         372   

U.S. Dollar/Euro

      2,060         185   

U.S. Dollar/U.K. Pound Sterling

      1,308         70   

U.S. Dollar/Taiwan Dollar

      4,735         232   
  

 

 

     

 

 

  

Total

 $ 28,650    $ 1,966   
  

 

 

     

 

 

  

 

     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   
  

 

 

     

 

 

  
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

        2014              2013      

Derivative assets:

      

Forward exchange contracts

    $ 1,966       $ 920   

Derivative liabilities:

      

Forward exchange contracts

      —         (656 ) 
  

 

 

     

 

 

  

Total net derivative asset designated as hedging instruments (1)

    $ 1,966       $ 264   
  

 

 

     

 

 

  

 

(1)

The derivative asset of $1,966 is classified in other current assets in the consolidated balance sheet as of December 31, 2014. 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.
Summary of (Losses) Gains on Derivatives Designated as Hedging Instruments

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

 

Derivatives Designated as Cash Flow Hedging Relationships

    Years Ended December 31,  
     2014      2013      2012  

Forward exchange contracts:

         

Net (loss) gain recognized in OCI (1)

    $ (984 )     $ (48 )     $ 936   

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

    $ (160 )     $ 1,086       $ (930 ) 

 

(1)

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

 

(2)

Effective portion classified as cost of products in 2014 and 2013 and selling, general and administrative in 2012.
Summary of Gains (Losses) on Derivatives Not Designated as Hedging Instruments

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

 

Derivatives Not Designated as Hedging Instruments

    Years Ended December 31,  
     2014      2013      2012  

Forward exchange contracts:

         

Net gain (loss) recognized in income (1)

    $ 101       $ (215 )     $ (1,606 ) 

 

(1)

The Company enters into foreign exchange contracts to hedge against changes in the balance sheet, including accounts receivable and intercompany loans, for certain subsidiaries. These derivatives are not designated as hedging instruments.