DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 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:

	June 30, 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	$	124	$	437	$	706	$	219
Not designated as hedging instruments:
Foreign exchange contracts	884		610		766		228
Commodity contracts	—		499		262		47
Total derivatives	$	1,008	$	1,546	$	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 and six month periods ended June 30, 2014 and 2013 consisted of the following:

		Three Months Ended June 30,						Six Months Ended June 30,
Derivatives by hedge designation	Classification of gain (loss)	2014			2013			2014			2013
Not designated as hedges:
Foreign exchange contracts	Selling, general & administrative expenses	$	1,259		$	(2,803	)	$	1,298		$	(3,201	)
Commodity contracts	Cost of goods sold	(505		)	2,650			(501		)	3,256

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	June 30, 2014			December 31, 2013
Foreign exchange contracts	$	(228	)	$	369

		Three Months Ended June 30,					Six Months Ended June 30,
Derivative type	Gain (loss) reclassified from AOCI to:	2014			2013		2014		2013
Foreign exchange contracts	Sales	$	(82	)	$	201	$	50	$	302
	Cost of goods sold	79			212		236		793