5. DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 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 derivatives not designated as hedging instruments are as follows (in thousands):

	As of December 31, 2014
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Commodity contracts	Other current assets	$	1,586	Other current liabilities	$	1,149
		$	1,586		$	1,149

	As of December 31, 2013
	Assets			Liabilities
Type of Instrument	Balance Sheet Location	Fair Value		Balance Sheet Location	Fair Value
Commodity contracts	Other current assets	$	961	Other current liabilities	$	859
		$	961		$	859

Recognized gains (losses) on Derivatives

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)
		For the Years Ended December 31,
Type of Instrument	Statements of Operations Location	2014			2013			2012
Commodity contracts	Cost of goods sold	$	(1,144	)	$	(1,901	)	$	720
		$	(1,144	)	$	(1,901	)	$	720

		Unrealized Gains
		For the Years Ended December 31,
Type of Instrument	Statements of Operations Location	2014		2013		2012
Commodity contracts	Cost of goods sold	$	336	$	80	$	279
		$	336	$	80	$	279