Annual report pursuant to Section 13 and 15(d)

DERIVATIVES. (Tables)

v3.8.0.1
DERIVATIVES. (Tables)
 12 Months Ended
Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivatives not designated as hedging instruments

The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands): 

 

    As of December 31, 2017  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value		     Balance Sheet Location   Fair
Value		  
                         
Cash collateral balance   Other current assets   $ 3,813              
Commodity contracts   Derivative assets   $ 998     Derivative liabilities   $ 2,307  

 

    As of December 31, 2016  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value		     Balance Sheet Location   Fair
Value		  
                         
Cash collateral balance   Other current assets   $ 4,331              
Commodity contracts   Derivative assets   $ 978     Derivative liabilities   $ 4,115  
Schedule of 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   2017     2016     2015  
                             
Commodity contracts   Cost of goods sold   $ (4,165 )   $ 1,386     $ (338 )
        $ (4,165 )   $ 1,386     $ (338 )

  

        Unrealized Gains (Losses)  
        For the Years Ended December 31,  
Type of Instrument   Statements of Operations Location   2017     2016     2015  
                             
Commodity contracts   Cost of goods sold   $ 2,088     $ (3,370 )    $ (204 )
        $ 2,088     $ (3,370 )    $ (204 )