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Derivatives (Tables) | 3 Months Ended
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Mar. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Unsettled Purchased Foreign Currency Forward Contracts | As of March 31, 2017 and December 31, 2016, 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 March 31, 2017
Buy Currency |  | Sell Currency |  | Foreign Amount |  | USD Amount |  | Average Contract Rate
Australian Dollar |  | US Dollar |  | 23,500 |  |  | 17,582 |  |  | 0.7482 |
British Pound Sterling |  | US Dollar |  | 22,050 |  |  | 28,356 |  |  | 1.2860 |
Indian Rupee |  | US Dollar |  | 1,392,000 |  |  | 20,280 |  |  | 0.0146 |
Polish Zloty |  | US Dollar |  | 243,500 |  |  | 60,949 |  |  | 0.2503 |
Singapore Dollar |  | US Dollar |  | 60,500 |  |  | 43,546 |  |  | 0.7198 |
Outstanding Notional Amounts as of December 31, 2016
Buy Currency |  | Sell Currency |  | Foreign Amount |  | USD Amount |  | Average Contract Rate
Australian Dollar |  | US Dollar |  | 17,000 |  |  | 12,574 |  |  | 0.7396 |
Euro |  | US Dollar |  | 1,800 |  |  | 2,031 |  |  | 1.1283 |
British Pound Sterling |  | US Dollar |  | 17,750 |  |  | 23,691 |  |  | 1.3347 |
Indian Rupee |  | US Dollar |  | 1,174,500 |  |  | 16,786 |  |  | 0.0143 |
Polish Zloty |  | US Dollar |  | 258,250 |  |  | 64,778 |  |  | 0.2508 |
Singapore Dollar |  | US Dollar |  | 47,700 |  |  | 34,383 |  |  | 0.7208 |
Schedule of Outstanding Interest Rate Swaps | Interest Rate Swap Contracts—Interest rate swaps outstanding during the three months ended March 31, 2017 and 2016 are as follows:
Notional Amount |  | Interest Rate Received |  | Interest Rate Paid |  | Effective Date |  | Maturity Date
Designated as Hedging Instrument |  |  |  |  |  |
$750 million |  | 1 month LIBOR(1) |  | 1.48% |  | December 31, 2015 |  | December 30, 2016
$750 million |  | 1 month LIBOR(2) |  | 1.15% |  | March 31, 2017 |  | December 31, 2017
$750 million |  | 1 month LIBOR(2) |  | 1.65% |  | December 29, 2017 |  | December 31, 2018
$750 million |  | 1 month LIBOR(2) |  | 2.08% |  | December 31, 2018 |  | December 31, 2019
Not Designated as Hedging Instrument |  |  |  |  |  |
$750 million |  | 1 month LIBOR(1) |  | 2.19% |  | December 30, 2016 |  | December 29, 2017
$750 million |  | 1.18% |  | 1 month LIBOR(1) |  | March 31, 2017 |  | December 31, 2017
$750 million |  | 1 month LIBOR(1) |  | 2.61% |  | December 29, 2017 |  | December 31, 2018
$750 million |  | 1.67% |  | 1 month LIBOR(1) |  | December 29, 2017 |  | December 31, 2018
______________________
(1) | Subject to a 1% floor.
(2) | Subject to a 0% floor.
Schedule of Estimated Fair Values of Derivatives Designated as Hedging Instruments | The estimated fair values of our derivatives designated as hedging instruments and those not designated as hedging instruments as of March 31, 2017 and December 31, 2016 are as follows (in thousands):
|  | Derivative Assets (Liabilities)
|  |  |  | Fair Value as of
Derivatives Designated as Hedging Instruments |  | Consolidated Balance Sheet Location |  | March 31, 2017 |  | December 31, 2016
Foreign exchange contracts |  | Other accrued liabilities |  | $ | (202 | ) |  | $ | (7,360 | )
Foreign exchange contracts |  | Prepaid expenses and other |  | 1,179 |  |  | — |
Interest rate swaps |  | Other accrued liabilities |  | (315 | ) |  | (8,345 | )
Interest rate swaps |  | Other noncurrent liabilities |  | (687 | ) |  | (7,339 | )
|  |  |  | $ | (25 | ) |  | $ | (23,044 | )
|  | Derivative Assets (Liabilities)
|  |  |  | Fair Value as of
Derivatives Not Designated as Hedging Instruments |  | Consolidated Balance Sheet Location |  | March 31, 2017 |  | December 31, 2016
Interest rate swaps |  | Prepaid expenses and other |  | $ | 328 |  |  | $ | — |
Interest rate swaps |  | Other accrued liabilities |  | (7,756 | ) |  | — |
Interest rate swaps |  | Other noncurrent liabilities |  | (5,340 | ) |  | — |
|  |  |  | $ | (12,768 | ) |  | $ | — |
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 months ended March 31, 2017 and 2016 are as follows (in thousands):
|  | Amount of Gain (Loss) Recognized in OCI on Derivative (Effective Portion)
|  | Three Months Ended March 31,
Derivatives in Cash Flow Hedging Relationships |  | 2017 |  | 2016
Foreign exchange contracts |  | $ | 5,121 |  |  | $ | 3,041 |
Interest rate swaps |  | (665 | ) |  | (3,953 | )
Total |  | $ | 4,456 |  |  | $ | (912 | )
|  |  |  | Amount of Losses Reclassified from Accumulated OCI into Income (Effective Portion)
Derivatives in Cash Flow Hedging Relationships |  | Income Statement Location |  | Three Months Ended March 31,
|  | 2017 |  | 2016
Foreign exchange contracts |  | Cost of revenue |  | $ | 1,519 |  |  | $ | 919 |
Interest rate swaps |  | Interest Expense |  | 1,352 |  |  | 582 |
Total |  |  |  | $ | 2,871 |  |  | $ | 1,501 |

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- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 + Details
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- Definition 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 Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 + Details
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- Definition Tabular disclosure of interest rate derivatives, including, but not limited to, the fair value of the derivatives, statement of financial position location, and statement of financial performance location of these instruments. + References Reference 1: 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=64837297&loc=SL5624171-113959 + Details
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