Quarterly report pursuant to sections 13 or 15(d)

4. DERIVATIVES (Tables)

v2.4.0.6
4. DERIVATIVES (Tables)
 6 Months Ended
Jun. 30, 2012
Notes to Financial Statements  
Derivatives not designated as hedging instruments

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

        Realized Gains (Losses)  
        Three Months Ended June 30,  
Type of Instrument   Statements of Operations Location   2012     2011  
Commodity contracts   Cost of goods sold   $ 265     $ (36 )
        $ 265     $ (36 )

 

 

        Unrealized Losses  
        Three Months Ended June 30,  
Type of Instrument   Statements of Operations Location   2012     2011  
Commodity contracts   Cost of goods sold   $ (145 )   $ (53 )
        $ (145 )   $ (53 )

 

 

        Realized Gains (Losses)  
        Six Months Ended June 30,  
Type of Instrument   Statements of Operations Location   2012     2011  
Commodity contracts   Cost of goods sold   $ 163     $ (23 )
        $ 163     $ (23 )

 

 

        Unrealized Gains (Losses)  
        Six Months Ended June 30,  
Type of Instrument   Statements of Operations Location   2012     2011  
Commodity contracts   Cost of goods sold   $ 91     $ (38 )
        $ 91     $ (38 )