Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2013

Derivative Financial Instruments

Schedule of fair values of derivative instruments

The following table presents the fair values of the Company's derivative instruments as well as their classification within the Condensed Consolidated Balance Sheets (in thousands). See Note 11 for additional information related to the fair values of our derivative instruments.

	March 31, 2013		December 31, 2012
Asset derivatives designated as cash flow hedging instruments:
Interest rate cap(1)	$	9	$	12
Total asset derivatives	$	9	$	12
Liability derivatives designated as cash flow hedging instruments:
Interest rate swaps(2)	$	5,546	$	6,615
Total liability derivatives	$	5,546	$	6,615

(1)

$7 thousand and $8 thousand is included in other current assets and $2 thousand and $4 thousand is included in other long-term assets within the Condensed Consolidated Balance Sheets as of March 31, 2013 and December 31, 2012, respectively.

(2)

$4.1 million and $4.1 million is included within other current liabilities and $1.4 million and $2.5 million is included within other long-term liabilities in the Condensed Consolidated Balance Sheets as of March 31, 2013 and December 31, 2012, respectively.

Schedule of gains and losses from derivative instruments

The following tables presents the gains and losses from derivative instruments for the three months ended March 31, 2013 and 2012 and their location within the condensed consolidated financial statements (in thousands). The Company utilizes only cash flow hedges that are considered highly effective.

	Gain (loss) recognized in accumulated other comprehensive income, net of tax						Gain (loss) reclassified from accumulated other comprehensive income to earnings, net of tax(1)(2)
	Three months ended March 31,						Three months ended March 31,
Derivatives designated as cash flow hedging instruments	2013			2012			2013			2012
Natural gas hedges	$	—		$	(2,132	)	$	—		$	1,442
Interest rate swaps		1,340			103			(616	)		(565	)
Interest rate cap		(2	)		(131	)		—			—
Total	$	1,338		$	(2,160	)	$	(616	)	$	877

(1)

Natural gas hedge amounts are recorded within miscellaneous income in the Condensed Consolidated Statements of Operations.

(2)

Interest rate swap amounts are recorded within interest expense in the Condensed Consolidated Statements of Operations.