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Note 7 - Derivative Instruments and Hedging Activities (Tables)
12 Months Ended
Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

Derivatives

 

Balance Sheet

Location

   

Year ended
December 31,
2014
Fair Value
Asset
(Liability)

   

Year ended
December 31,
2013
Fair Value
Asset
(Liability)

 
                         

Foreign currency forward contracts designated as cash flow hedges

 

Derivative instruments

    $ (946,676

)

  $ (372,593

)

                         

Foreign currency forward contracts not designated as cash flow hedges

 

Derivative instruments

    $ (169,129

)

  $ (118,505

)

                         

Total foreign currency forward contracts

 

Derivative instruments

    $ (1,115,805

)

  $ (491,098

)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
   

Gains and losses on cash flow hedges

   

Tax impact

   

Total AOCI

 
                         

Opening AOCI balance – December 31, 2013

  $ (372,593 )   $ 127,612     $ (244,981 )
                         

Other comprehensive income (loss) before reclassifications

    (1,527,171 )     523,056       (1,004,115 )

Amount reclassified from accumulated other comprehensive income

    953,088       (326,433 )     626,655  

Other comprehensive income (loss) for the year ended December 31, 2014

    (574,083 )     196,623       (377,460 )
                         

Ending AOCI balance – December 31, 2014

  $ (946,676 )   $ 324,235     $ (622,441 )
   

Gains and losses on cash flow hedges

   

Tax impact

   

Total AOCI

 
                         

Opening AOCI balance – December 31, 2012

  $ 67,079     $ (22,975 )   $ 44,104  
                         

Other comprehensive income (loss) before reclassifications

    (758,683 )     287,904       (470,779 )

Amount reclassified from accumulated other comprehensive income

    319,011       (137,317 )     181,694  

Other comprehensive income (loss) for the year ended December 31, 2013

    (439,672 )     150,587       (289,085 )
                         

Ending AOCI balance – December 31, 2013

  $ (372,593 )   $ 127,612     $ (244,981 )
   

Gains and losses on cash flow hedges

   

Tax impact

   

Total AOCI

 
                         

Opening AOCI balance – December 31, 2011

  $     $     $  
                         

Other comprehensive income (loss) before reclassifications

    67,079       (22,975 )     44,104  

Amount reclassified from accumulated other comprehensive income

                 

Other comprehensive income (loss) for the year ended December 31, 2012

    67,079       (22,975 )     44,104  
                         

Ending AOCI balance – December 31, 2012

  $ 67,079     $ (22,975 )   $ 44,104  
Derivative Instruments, Gain (Loss) [Table Text Block]

Derivatives in Cash Flow

Hedging Relationship

 

Amount of Gain or (Loss) Recognized in OCI,net of tax, on Derivative (Effective Portion)

   

Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)

   

Amount of Gain or (Loss) Reclassified from Accumulated OCI into Income,net of tax, (Effective Portion)

   

Location of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness Testing)

   

Amount of Gain or (Loss) Recognized in Income on Derivative (ineffective Portion and Amount Excluded from Effectiveness

 
                                         
           

Operating expenses

    $ (463,160 )                

Foreign currency forward contracts – year ended December 31, 2014

  $ (377,460 )  

Cost of revenues

      (163,495 )  

Cost of revenues

      (13,535 )
                                         
           

Operating expenses

      (151,551 )                

Foreign currency forward contracts – year ended December 31, 2013

    (289,085 )  

Cost of revenues

      (30,143 )