4. DERIVATIVES (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives not designated as hedging instruments

Non-Designated Derivative Instruments – 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 June 30,
Type of Instrument	Statements of Operations Location	2014		2013
Commodity contracts	Cost of goods sold	$	465	$	(29	)
		$	465	$	(29	)

		Unrealized Losses
		Three Months Ended June 30,
Type of Instrument	Statements of Operations Location	2014			2013
Commodity contracts	Cost of goods sold	$	(17	)	$	(450	)
		$	(17	)	$	(450	)

		Realized Gains (Losses)
		Six Months Ended June 30,
Type of Instrument	Statements of Operations Location	2014		2013
Commodity contracts	Cost of goods sold	$	549	$	(102	)
		$	549	$	(102	)

		Unrealized Losses
		Six Months Ended June 30,
Type of Instrument	Statements of Operations Location	2014			2013
Commodity contracts	Cost of goods sold	$	(32	)	$	(382	)
		$	(32	)	$	(382	)