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Risk Management and Derivatives (Tables) | 6 Months Ended
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Jun. 30, 2013
Derivative [Line Items] |
Schedule of fair value of derivative financial instruments as well as their classification on Consolidated Balance Sheets | The table below presents the fair value of the Company's derivative financial instruments as well as their classification on the Consolidated Balance Sheets as of June 30, 2013 and December 31, 2012 ($ in thousands):
| Derivative Assets as of |  | Derivative Liabilities as of
| June 30, 2013 |  | December 31, 2012 |  | June 30, 2013 |  | December 31, 2012
Derivative | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value
Foreign exchange contracts | Other Assets |  | $ | 1,991 |  |  | N/A |  | $ | — |  |  | Other Liabilities |  | $ | 2,043 |  |  | Other Liabilities |  | $ | 2,855 |
Cash flow interest rate swap | Other Assets |  | 480 |  |  | N/A |  | — |  |  | N/A |  | — |  |  | Other Liabilities |  | 580 |
Total |  |  | $ | 2,471 |  |  |  |  | $ | — |  |  |  |  | $ | 2,043 |  |  |  |  | $ | 3,435 |
Schedule of derivative financial instruments on Consolidated Statements of Operations | The tables below present the effect of the Company's derivative financial instruments on the Consolidated Statements of Operations for the three and six months ended June 30, 2013 and 2012 ($ in thousands):
Derivatives Designated in Hedging Relationships |  | Location of Gain (Loss) Recognized in Income |  | Amount of Gain (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion) |  | Amount of Gain (Loss) Reclassified from Accumulated Other Comprehensive Income into Earnings (Effective Portion) |  | Amount of Gain (Loss) Recognized in Earnings (Ineffective Portion)
For the Three Months Ended June 30, 2013 |  |  |  |  |  |  |  |  |  |
Cash flow interest rate swap |  | Interest Expense |  | $ | 844 |  |  | $ | 79 |  |  | N/A
Foreign exchange contract |  | Other Expense |  | $ | 344 |  |  | $ | — |  |  | N/A
For the Three Months Ended June 30, 2012 |  |  |  |  |  |  |  |  |  |
Cash flow interest rate swap |  | Interest Expense |  | $ | (85 | ) |  | $ | (68 | ) |  | N/A
For the Six Months Ended June 30, 2013 |  |  |  |  |  |  |  |
Cash flow interest rate swap |  | Interest Expense |  | $ | 882 |  |  | $ | 151 |  |  | N/A
Foreign exchange contract |  | Other Expense |  | $ | 344 |  |  | $ | — |  |  | N/A
For the Six Months Ended June 30, 2012 |  |  |  |  |  |  |  |
Cash flow interest rate swap |  | Interest Expense |  | $ | (124 | ) |  | $ | (240 | ) |  | N/A
Schedule of qualifying cash flow hedges | The following table presents the Company's interest rate swap outstanding as of June 30, 2013 ($ in thousands).
Derivative Type |  | Notional Amount |  | Variable Rate |  | Fixed Rate |  | Maturity
Interest Rate Swap |  | $ | 28,000 |  |  | LIBOR + 2.00% |  | 3.75% |  | November 2019
Designated as Hedging Instrument [Member] |
Derivative [Line Items] |
Schedule of derivative instruments | As of June 30, 2013, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were designated:
Derivative Type |  | Notional Amount |  | Notional (USD Equivalent) |  | Maturity
Sells INR/Buys USD Forward |  | ₨ | 456,000 |  |  | $ | 7,642 |  |  | January 2014
|  | Amount of Gain or (Loss) Recognized in Accumulated Other Comprehensive Income (Effective Portion)
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
Derivatives Designated in Hedging Relationships |  | 2013 |  | 2012 | 2013 |  | 2012
Foreign Exchange Contracts |  | $ | 344 |  |  | $ | — |  |  | $ | 344 |  |  | $ | — |
Not Designated as Hedging Instrument [Member] |
Derivative [Line Items] |
Schedule of derivative instruments | As of June 30, 2013, the Company had the following outstanding foreign currency derivatives that were used to hedge its net investments in foreign operations that were not designated:
Derivative Type |  | Notional Amount |  | Notional (USD Equivalent) |  | Maturity
Sells EUR/Buys USD Forward |  | € | 84,400 |  |  | $ | 109,831 |  |  | July 2013
Sells GBP/Buys USD Forward |  | £ | 27,900 |  |  | $ | 42,421 |  |  | July 2013
Sells CAD/Buys USD Forward |  | C$ | 43,150 |  |  | $ | 41,042 |  |  | July 2013
|  |  |  | Amount of Gain or (Loss) Recognized in Income
|  | Location of Gain or (Loss) Recognized in Income |  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
Derivatives not Designated in Hedging Relationships |  | 2013 |  | 2012 | 2013 |  | 2012
Foreign Exchange Contracts |  | Other Expense |  | $ | (414 | ) |  | $ | 10,191 |  |  | $ | 9,742 |  |  | $ | 1,332 |

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- Definition Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 + Details
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