DERIVATIVES (Tables)

3 Months Ended

Mar. 31, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of fair values of derivative instruments on the Company's Consolidated Balance Sheets

Fair values of derivative instruments in the Company’s Consolidated Balance Sheets follow:

	March 31, 2014				December 31, 2013
Derivatives by hedge designation	Other Current Assets		Other Current Liabilities		Other Current Assets		Other Current Liabilities
Designated as hedging instruments:
Foreign exchange contracts	$	268	$	360	$	706	$	219
Not designated as hedging instruments:
Foreign exchange contracts	1,204		1,448		766		228
Commodity contracts	358		13		262		47
Total derivatives	$	1,830	$	1,821	$	1,734	$	494

Schedule of effects of undesignated derivative instruments on the Company's Consolidated Statements of Income

The effects of undesignated derivative instruments on the Company’s Consolidated Statements of Income for the three month periods ended March 31, 2014 and 2013 consisted of the following:

		Three Months Ended March 31,
Derivatives by hedge designation	Classification of gain (loss)	2014		2013
Not designated as hedges:
Foreign exchange contracts	Selling, general & administrative expenses	$	39	$	(398	)
Commodity contracts	Cost of goods sold	4		606

Schedule of effects of designated cash flow hedges on AOCI and the entity's Consolidated Statements of Income

The effects of designated hedges on AOCI and the Company’s Consolidated Statements of Income consisted of the following:

Total gain (loss) recognized in AOCI, net of tax	March 31, 2014			December 31, 2013
Foreign exchange contracts	$	(52	)	$	369

		Three Months Ended March 31,
Derivative type	Gain (loss) reclassified from AOCI to:	2014		2013
Foreign exchange contracts	Sales	$	132	$	101
	Cost of goods sold	157		581