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Note 6 - Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Sep. 30, 2015

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		As of September 30, 2015 Fair Value Asset (Liability)				As of December 31, 2014 Fair Value Asset (Liability)
Foreign currency forward contracts not designated as cash flow hedges		Derivative instruments		$	(329,523	)		$	(169,129	)
Foreign currency forward contracts designated as cash flow hedges		Derivative instruments		$	(1,851,845	)		$	(946,676	)
Total foreign currency forward contracts		Derivative instruments		$	(2,181,368	)		$	(1,115,805	)

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

		Gains and losses on cash flow hedges				Tax impact				Total AOCI
Opening AOCI balance – June 30, 2015		$	(1,293,175	)		$	459,851			$	(833,324	)
Other comprehensive income (loss) before reclassifications			(1,124,049	)			399,713				(724,336	)
Amount reclassified from accumulated other comprehensive income			565,379				(201,049	)			364,330
Other comprehensive income (loss) for the three months ended September 30, 2015			(558,670	)			198,664				(360,006	)
Ending AOCI balance – September 30, 2015		$	(1,851,845	)		$	658,515			$	(1,193,330	)

		Gains and losses on cash flow hedges				Tax impact				Total AOCI
Opening AOCI balance – December 31, 2014		$	(946,676	)		$	324,235			$	(622,441	)
Other comprehensive income (loss) before reclassifications			(2,693,436	)			970,188				(1,723,248	)
Amount reclassified from accumulated other comprehensive income			1,788,267				(635,908	)			1,152,359
Other comprehensive income (loss) for the nine months ended September 30, 2015			(905,169	)			334,280				(570,889	)
Ending AOCI balance – September 30, 2015		$	(1,851,845	)		$	658,515			$	(1,193,330	)

Derivative Instruments, Gain (Loss) [Table Text Block]

Derivatives in Cash Flow Hedging Relationship		Amount of Gain or (Loss) Recognized in OCI 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 (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 Testing)
Foreign currency forward contracts for the three months ended September 30, 2015						Operating expenses		$	(314,841	)		Operating expenses			(84,312	)
		$	(360,006	)		Cost of revenues			(49,489	)		Cost of revenues		$	—
Foreign currency forward contracts for the three months ended September 30, 2014						Operating expenses		$	(40,112	)		Operating expenses			—
		$	(437,519	)		Cost of revenues			(17,589	)		Cost of revenues		$	—

Derivatives in Cash Flow Hedging Relationship		Amount of Gain or (Loss) Recognized in OCI 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 (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 Testing)
Foreign currency forward contracts for the nine months ended September 30, 2015						Operating expenses		$	(886,076	)		Operating expenses			(115,635	)
		$	(570,889	)		Cost of revenues			(266,284	)		Cost of revenues		$	—
Foreign currency forward contracts for the nine months ended September 30, 2014						Operating expenses		$	(321,136	)		Operating expenses			—
		$	(602,901	)		Cost of revenues			(116,757	)		Cost of revenues		$	—

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Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

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-Publisher FASB



-Name Accounting Standards Codification



-Topic 220



-SubTopic 10



-Section 45



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Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging 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=56946850&loc=SL5624171-113959



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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 Accounting Standards Codification



-Topic 815



-SubTopic 10



-Section 50



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-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624163-113959

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