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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Summary of Pre-Tax Changes in Fair Value

The following summarizes Q2 2013 and Q2 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

          Second Quarter  

In Thousands

   Classification of Gain (Loss)    2013     2012  

Commodity hedges

   Cost of sales    $ (10   $ 0   
     

 

 

   

 

 

 

Total

      $ (10   $ 0   
     

 

 

   

 

 

 

The following summarizes YTD 2013 and YTD 2012 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification, either as cost of sales or S,D&A expenses, of such changes in the consolidated statements of operations.

          First Half  

In Thousands

   Classification of Gain (Loss)    2013     2012  

Commodity hedges

   Cost of sales    $ (500   $ 0   
     

 

 

   

 

 

 

Total

      $ (500   $ 0   
     

 

 

   

 

 

 
Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company: 

In Thousands

  

Balance Sheet Classification

   June 30,
2013
     Dec. 30,
2012
     July 1,
2012
 

Commodity hedges at fair market value

   Prepaid expenses and other current assets    $ 0       $ 500       $ 0   

Unamortized cost of commodity hedging agreements

   Prepaid expenses and other current assets      0         562         0   
     

 

 

    

 

 

    

 

 

 

Total

      $ 0       $ 1,062       $ 0