DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2017

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Derivative Financial Instruments

The following tables summarize our derivative financial instruments:

Asset and Liability Derivatives

	March 31,		December 31,
	2017		2016
	(In thousands)
Derivatives Designated as Hedges:
Location:
Accounts receivable-other	$	1,923	$	2,631
Other assets		4		-
Total derivatives asset	$	1,927	$	2,631
Accounts payable	$	3,410	$	9,361
Other liabilities		38		4
Total derivatives liability	$	3,448	$	9,365

Effects of Derivative Instruments on Financial Statements

The Effects of Derivative Instruments on our Financial Statements

	March 31,
	2017			2016
	(in thousands)
Derivatives Designated as Hedges:
Amount of gain (loss) recognized in other comprehensive income (loss)	$	5,602		$	20,534
(Loss) gain reclassified from AOCI to Cost of operations		(3,515	)		9,679
Ineffective portion and amount excluded from effectiveness testing gain (loss) recognized in Other non-operating income (expense), net		305			(1,205	)