Derivatives (Tables)

9 Months Ended

Sep. 30, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Unsettled Purchased Foreign Currency Forward Contracts

As of September 30, 2016 and December 31, 2015, we had the following unsettled purchased foreign currency forward contracts that were entered into to hedge our operational exposure to foreign currency movements (in thousands, except for average contract rates):



Outstanding Notional Amounts as of September 30, 2016
Buy Currency	Sell Currency	Foreign Amount	USD Amount	Average Contract Rate
Australian Dollar	US Dollar	19,700	14,454	0.7337
Euro	US Dollar	1,800	2,031	1.1283
British Pound Sterling	US Dollar	18,100	25,143	1.3891
Indian Rupee	US Dollar	1,195,500	17,136	0.0143
Polish Zloty	US Dollar	263,250	67,470	0.2563
Singapore Dollar	US Dollar	44,600	32,525	0.7293



Outstanding Notional Amounts as of December 31, 2015
Buy Currency	Sell Currency	Foreign Amount	USD Amount	Average Contract Rate
US Dollar	Australian Dollar	2,080	1,570	0.7548
US Dollar	Euro	2,870	3,169	1.1042
Australian Dollar	US Dollar	1,260	939	0.7452
Euro	US Dollar	2,870	3,122	1.0878
British Pound Sterling	US Dollar	18,075	27,415	1.5167
Indian Rupee	US Dollar	1,880,500	27,736	0.0147
Polish Zloty	US Dollar	226,500	59,120	0.2610

Schedule of Outstanding Interest Rate Swaps

Interest Rate Swap Contracts—Interest rate swaps outstanding during the nine months ended September 30, 2016 and 2015 are as follows:



Notional Amount	Interest Rate Received	Interest Rate Paid	Effective Date	Maturity Date
$750 million	1 month LIBOR⁽¹⁾	1.48%	December 31, 2015	December 30, 2016
$750 million	1 month LIBOR⁽¹⁾	2.19%	December 30, 2016	December 29, 2017
$750 million	1 month LIBOR⁽¹⁾	2.61%	December 29, 2017	December 31, 2018

______________________


(1)	Subject to a 1% floor.

Schedule of Estimated Fair Values of Derivatives Designated as Hedging Instruments

The estimated fair values of our derivatives designated as hedging instruments as of September 30, 2016 and December 31, 2015 are as follows (in thousands):



	Derivative Assets (Liabilities)
		Fair Value as of
Derivatives Designated as Hedging Instruments	Consolidated Balance Sheet Location	September 30, 2016			December 31, 2015
Foreign exchange contracts	Prepaid expenses and other current assets	$	1,670		$	—
Foreign exchange contracts	Other accrued liabilities	(1,184		)	(1,759		)
Interest rate swaps	Other accrued liabilities	(7,363		)	(3,912		)
Interest rate swaps	Other noncurrent liabilities	(12,073		)	(9,822		)
		$	(18,950	)	$	(15,493	)

Schedule of Effects of Derivative Instruments Net of Taxes on Other Comprehensive Income (Loss)

The effects of derivative instruments, net of taxes, on OCI for the three and nine months ended September 30, 2016 and 2015 are as follows (in thousands):



	Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)
	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives in Cash Flow Hedging Relationships	2016		2015			2016			2015
Foreign exchange contracts	$	1,282	$	(1,069	)	$	724		$	(4,115	)
Interest rate swaps	759		(4,255		)	(3,637		)	(9,003		)
Total	$	2,041	$	(5,324	)	$	(2,913	)	$	(13,118	)



		Amount of Gain (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)
Derivatives in Cash Flow Hedging Relationships	Income Statement Location	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives in Cash Flow Hedging Relationships	Income Statement Location	2016		2015			2016		2015
Foreign exchange contracts	Cost of revenue	$	227	$	(1,970	)	$	1,240	$	(8,902	)