Quarterly report pursuant to Section 13 or 15(d)

5. Derivatives (Tables)

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5. Derivatives (Tables)
 9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Not Designated as Hedging Instruments
    As of September 30, 2017  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value 		    Balance Sheet Location   Fair
Value 		 
Commodity contracts   Derivative instruments   $ 3,017     Derivative instruments   $ 2,755  
                         

 

    As of December 30, 2016  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value 		    Balance Sheet Location   Fair
Value 		 
Commodity contracts   Derivative instruments   $ 978     Derivative instruments   $ 4,115  
Schedule of Recognized Gains (Losses) for Derivatives

  As of September 30, 2017  
  Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value 		    Balance Sheet Location   Fair
Value 		 
Commodity contracts   Derivative instruments   $ 3,017     Derivative instruments   $ 2,755  

 

  As of December 30, 2016  
  Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value 		    Balance Sheet Location   Fair
Value 		 
Commodity contracts   Derivative instruments   $ 978     Derivative instruments   $ 4,115  

 

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)  
      Three Months Ended September 30,  
Type of Instrument   Statements of Operations Location   2017     2016  
Commodity contracts   Cost of goods sold   $ (1,576 )   $ 2,242  

 

     

Unrealized Gains (Losses)

  
      Three Months Ended September 30,  
Type of Instrument   Statements of Operations Location   2017     2016  
Commodity contracts   Cost of goods sold   $ 1,093     $ (1,383 )

 

        Realized Gains (Losses)  
      Nine Months Ended September 30,  
Type of Instrument   Statements of Operations Location   2017     2016  
Commodity contracts   Cost of goods sold   $ (4,495 )   $ 2,152  

 

      Unrealized Gains (Losses)  
      Nine Months Ended September 30,  
Type of Instrument   Statements of Operations Location   2017     2016  
Commodity contracts   Cost of goods sold   $ 3,659     $ (483 )