Quarterly report pursuant to Section 13 or 15(d)

Derivatives (Tables)

v3.4.0.3
Derivatives (Tables)
 3 Months Ended
Mar. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Not Designated as Hedging Instruments

Non Designated Derivative Instruments – The classification and amounts of the Company’s derivatives not designated as hedging instruments are as follows (in thousands):

 

    As of March 31, 2016
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location     Fair Value     Balance Sheet Location     Fair Value  
Commodity contracts   Other current assets   $ 1,774     Other current liabilities   $ 1,868  
        $ 1,774         $ 1,868  

 

    As of December 31, 2015
    Assets   Liabilities
Type of Instrument   Balance Sheet Location   Fair Value     Balance Sheet Location   Fair Value  
Commodity contracts   Other current assets   $ 2,081     Other current liabilities   $ 1,848  
        $ 2,081         $ 1,848  

Schedule of Recognized Gains (Losses) for 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)  
        Three Months Ended March 31,  
Type of Instrument   Statements of Operations Location   2016     2015  
Commodity contracts   Cost of goods sold   $ 908     $ (115 )
                     

 

        Unrealized Losses  
        Three Months Ended March 31,  
Type of Instrument   Statements of Operations Location   2016     2015  
Commodity contracts   Cost of goods sold   $ (326 )   $ (74 )