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FAIR VALUE MEASUREMENT (Tables)

12 Months Ended

Dec. 31, 2012

FAIR VALUE MEASUREMENT

Schedule of inputs into the fair value measurements of the Company's assets or liabilities that are measured at fair value on a recurring basis

		Fair Value Measurements at Reporting Date Using
As of December 31, 2012		Total Fair Value and Carrying Value on the Balance Sheet			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets:
Foreign exchange option contracts		$	100,837		$	—		$	100,837		$	—
Foreign exchange forward contracts		$	1,249,820		$	—		$	1,249,820		$	—
Total Assets		$	1,350,657		$	—		$	1,350,657		$	—
Liabilities:
Foreign exchange option contracts		$	—		$	—		$	—		$	—
Foreign exchange forward contracts		$	365,226		$	—		$	365,226		$	—
Total Liabilities		$	365,226		$	—		$	365,226		$	—

		Fair Value Measurements at Reporting Date Using
As of December 31, 2011		Total Fair Value and Carrying Value on the Balance Sheet			Quoted Prices in Active Markets for Identical Assets (Level 1)			Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Assets:
Foreign exchange option contracts		$	479,333		$	—		$	479,333		$	—
Foreign exchange forward contracts		$	2,247,205		$	—		$	2,247,205		$	—
Total Assets		$	2,726,538		$	—		$	2,726,538		$	—

Schedule of effect of fair values of derivative instruments on the consolidated balance sheets

		Fair Values of Derivatives Asset
		At December 31, 2011					At December 31, 2012
		Balance Sheet Location		Fair Value			Balance Sheet Location		Fair Value
Foreign exchange option contracts		Foreign currency derivative assets		$	479,333		Foreign currency derivative assets		$	100,837
Foreign exchange forward contracts		Foreign currency derivative assets		$	2,247,205		Foreign currency derivative assets		$	1,249,820
Total derivatives				$	2,726,538				$	1,350,657

		Fair Values of Derivatives Liability
		At December 31, 2011					At December 31, 2012
		Balance Sheet Location		Fair Value			Balance Sheet Location		Fair Value
Foreign exchange option contracts		Foreign currency derivative liabilities		$	—		Foreign currency derivative liabilities		$	—
Foreign exchange forward contracts		Foreign currency derivative liabilities		$	—		Foreign currency derivative liabilities		$	365,226
Total derivatives				$	—				$	365,226

Schedule of effect of derivative instruments on consolidated statements of operations

				Amount of Gain (Loss) Recognized in Income on Derivatives
				Year Ended December 31
		Location of Gain (Loss) Recognized in Income on Derivatives
				2010			2011			2012
Foreign exchange option contracts		Gain on foreign currency derivatives		$	6,636,821		$	(6,933,		$	428,340
Foreign exchange forward contracts		Gain on foreign currency derivatives		$	(4,979,893	)	$	1,182		$	(4,797,513	)
Total				$	1,656,928		$	(5,750,981	)	$	(4,369,173	)

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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

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-Publisher FASB

-Name Accounting Standards Codification

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-Name Statement of Financial Accounting Standard (FAS)

-Number 133

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-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.



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-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.



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Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ 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 Accounting Standards Codification

-Topic 815

-SubTopic 10

-Section 50

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-URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959



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-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 133

-Paragraph 44C

-Subparagraph a

-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.

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

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-Name Accounting Standards Codification

-Topic 820

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