Annual report pursuant to section 13 and 15(d)

5. DERIVATIVES (Tables)

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5. DERIVATIVES (Tables)
 12 Months Ended
Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives not designated as hedging instruments

    As of December 31, 2013
    Assets   Liabilities

 

Type of Instrument

   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
                     
Commodity contracts   Other current assets   $ 961     Accrued liabilities   $ 859  
        $ 961         $ 859  

 

    As of December 31, 2012
    Assets   Liabilities

 

Type of Instrument

   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
                     
Commodity contracts   Other current assets   $ 189     Accrued liabilities   $ 167  
        $ 189         $ 167  
Recognized gains (losses) on Derivatives

The classification and amounts of the Company’s recognized gains (losses) for its derivatives not designated as hedging instruments are as follows (in thousands):

 

        Realized Gains (Losses)  
        For the Years Ended December 31,  
                 
Type of Instrument   Statements of Operations Location   2013     2012  
                 
Commodity contracts   Cost of goods sold   $ (1,901 )   $ 720  
        $ (1,901 )   $ 720  

 

        Unrealized Gains  
                 
        For the Years Ended December 31,  

 

Type of Instrument

   Statements of Operations Location   2013     2012  
                 
Commodity contracts   Cost of goods sold   $ 80     $ 279  
        $ 80     $ 279