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Derivative Instruments Schedule of Derivative Instruments (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative [Line Items]  
Schedule of Derivative Instruments [Table Text Block]
The fair values of derivative instruments are as follows:
 
 
 
Fair Value
 
Classification
 
September 30, 2017
 
December 31, 2016
 
 
(In thousands)
Derivatives not designated as hedging instruments:
 
 
 
 
Foreign currency option contracts
Other current assets
 
$
—

 
$
180

Foreign currency forward contracts
Other current assets
 
711

 
—

Foreign currency forward contracts
Accrued expenses
 
315

 
43

Derivatives designated as cash flow hedges:
 
 
 
 
Foreign currency forward contracts
Other current assets
 
$
138

 
$
—



Gains (losses) associated with derivative instruments not designated as hedging instruments are as follows:
 
 
 
Three Months Ended
 
Nine Months Ended
 
Classification
 
September 30, 2017
 
October 1, 2016
 
September 30, 2017
 
October 1, 2016
 
 
 
(In thousands)
Gain (loss) recognized in income
Other income, net
 
$
9

 
$
(18
)
 
$
(495
)
 
$
(392
)
The following tables reflect the effect of foreign exchange forward contracts that are designated as cash flow hedging instruments for the three and nine months ended September 30, 2017 and October 1, 2016 (in thousands): 
 
 
Effective Portion
 
Ineffective Portion
 
 
Gain (loss) recognized in OCI on Derivative (1)
 
Gain (loss) reclassified from accumulated OCI into income (2)
 
Gain (loss) recognized in income (3)
 
 
Three months ended
 
 
 
Three months ended
 
 
 
Three months ended
 
 
September 30, 2017
 
October 1, 2016
 
Classification
 
September 30, 2017
 
October 1, 2016
 
Classification
 
September 30, 2017
 
October 1, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
(21
)
 
$
—

 
Revenue
 
$
(39
)
 
$
—

 
Other income, net
 
$
—

 
$
—

 
 
Effective Portion
 
Ineffective Portion
 
 
Gain (loss) recognized in OCI on Derivative (1)
 
Gain (loss) reclassified from accumulated OCI into income (2)
 
Gain (loss) recognized in income (3)
 
 
Nine months ended
 
 
 
Nine months ended
 
 
 
Nine months ended
 
 
September 30, 2017
 
October 1, 2016
 
Classification
 
September 30, 2017
 
October 1, 2016
 
Classification
 
September 30, 2017
 
October 1, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Foreign currency forward contracts
 
$
200

 
$
—

 
Revenue
 
$
(58
)
 
$
—

 
Other income, net
 
$
(5
)
 
$
—


(1)
The amount represents the change in fair value of derivative contracts due to changes in spot rates.
(2)
The amount represents reclassification from other comprehensive income to earnings that occurs when the hedged item affects earnings.
(3)
The amount represents the change in fair value of derivative contracts due to changes in the forward rates. No gains or losses were reclassified as a result of discontinuance of cash flow hedges.