DERIVATIVES (Tables)

9 Months Ended

Sep. 30, 2017

Fair Values of Derivative Financial Instruments Included in Condensed Consolidated Balance Sheets

The fair values of the Company’s derivative financial instruments included in the condensed consolidated balance sheets are presented as follows (in thousands):


Derivatives designated as hedging instruments	Balance Sheet Location	September 30, 2017		December 31, 2016
Interest rate swaps	Prepaid expenses	$	12	$	—
	Accrued expenses	—		4
	Deferred rent & other long-term liability	—		3


Derivatives not designated as hedging instruments	Balance Sheet Location	September 30, 2017		December 31, 2016
Foreign exchange contracts	Prepaid expenses and other current assets	$	—	$	924
	Accrued expenses	1,762		—

Gains and Losses Related to Derivative Financial Instruments Designated as Hedging Instruments

The amounts of the gains and losses related to the Company’s derivative financial instruments designated as hedging instruments are recognized in other comprehensive income (loss) as follows (in thousands):


	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives designated as hedging instruments	2017			2016		2017		2016
Interest rate swaps	$	(4	)	$	33	$	10	$	(14	)

Gains and Losses Related to Derivative Financial Instruments Not Designated as Hedging Instruments

The amounts of the gains and losses related to the Company’s derivative financial instruments not designated as hedging instruments are recognized in earnings as follows (in thousands):


	Location of Gain (Loss) Recognized in Earnings on Derivatives	Three Months Ended September 30,					Nine Months Ended September 30,
Derivatives not designated as hedging instruments		2017			2016		2017			2016
Foreign exchange contracts	Selling, general and administrative expense	$	(1,082	)	$	403	$	(2,648	)	$	1,271