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5. Derivatives (Tables)
9 Months Ended
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivatives Not Designated as Hedging Instruments
    As of September 30, 2017  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value
    Balance Sheet Location   Fair
Value
 
Commodity contracts   Derivative instruments   $ 3,017     Derivative instruments   $ 2,755  
                         

 

    As of December 30, 2016  
    Assets     Liabilities  
Type of Instrument   Balance Sheet Location   Fair
Value
    Balance Sheet Location   Fair
Value
 
Commodity contracts   Derivative instruments   $ 978     Derivative instruments   $ 4,115  
Schedule of Recognized Gains (Losses) for Derivatives

  As of September 30, 2017 
  Assets   Liabilities 
Type of Instrument  Balance Sheet Location  Fair
Value
   Balance Sheet Location  Fair
Value
 
Commodity contracts  Derivative instruments  $3,017   Derivative instruments  $2,755 

 

  As of December 30, 2016 
  Assets   Liabilities 
Type of Instrument  Balance Sheet Location  Fair
Value
   Balance Sheet Location  Fair
Value
 
Commodity contracts  Derivative instruments  $978   Derivative instruments  $4,115 

 

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 September 30, 
Type of Instrument  Statements of Operations Location  2017   2016 
Commodity contracts  Cost of goods sold  $(1,576)  $2,242 

 

    

Unrealized Gains (Losses)

 
     Three Months Ended September 30, 
Type of Instrument  Statements of Operations Location  2017   2016 
Commodity contracts  Cost of goods sold  $1,093   $(1,383)

 

      Realized Gains (Losses) 
     Nine Months Ended September 30, 
Type of Instrument  Statements of Operations Location  2017   2016 
Commodity contracts  Cost of goods sold  $(4,495)  $2,152 

 

     Unrealized Gains (Losses) 
     Nine Months Ended September 30, 
Type of Instrument  Statements of Operations Location  2017   2016 
Commodity contracts  Cost of goods sold  $3,659   $(483)