Hedging Transactions and Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Notional Amounts of Outstanding Derivative Positions

The copper and foreign currency contracts that we have entered into as of June 30, 2014 are listed below:

Notional Value of Copper Derivatives			Notional Values of Foreign Currency Derivatives
July 2014 - September 2014	20	metric tons per month	YEN/USD	¥215,000,000
May 2014 - December 2014	30	metric tons per month	HUF/EUR	220,000,000
January 2014 - December 2014	5	metric tons per month	USD/EUR	$1,250,000
July 2014 - December 2014	15	metric tons per month	YEN/EUR	¥400,000,000
July 2014 - December 2014	5	metric tons per month	CNY/USD	110,000,000
October 2014 - December 2014	15	metric tons per month
July 2014 - September 2014	20	metric tons per month
January 2015 - March 2015	8	metric tons per month
January 2014 - December 2014	10	metric tons per month
January 2015 - March 2015	52	metric tons per month
January 2015 - March 2015	46	metric tons per month
April 2015 - June 2015	95	metric tons per month
July 2014 - September 2014	70	metric tons per month
July 2014 - December 2014	35	metric tons per month
January 2014 - December 2014	10	metric tons per month
July 2014 - December 2014	25	metric tons per month
October 2014 - December 2014	20	metric tons per month
January 2015 - March 2015	40	metric tons per month
January 2015 - March 2015	10	metric tons per month
April 2015 - June 2015	55	metric tons per month

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance

(Dollars in thousands)		The Effect of Current Derivative Instruments on the Financial Statements for the period ended June 30, 2014
		Amount of gain (loss)
Foreign Exchange Contracts	Location of gain (loss)	Three months ended			Six months ended
Contracts not designated as hedging instruments	Other income (expense), net	$	(87	)	$	(153	)
Copper Derivative Instruments
Contracts not designated as hedging instruments	Other income (expense), net	15			(663		)
Interest Rate Swap Instrument
Contracts designated as hedging instruments	Other comprehensive income (loss)	13			39

(Dollars in thousands)		The Effect of Current Derivative Instruments on the Financial Statements for the period ended June 30, 2013
		Amount of gain (loss)
Foreign Exchange Contracts	Location of gain (loss)	Three months ended			Six months ended
Contracts not designated as hedging instruments	Other income (expense), net	$	(14	)	$	(9	)
Copper Derivative Instruments
Contracts not designated as hedging instruments	Other income (expense), net	(162		)	(345		)
Interest Rate Swap Instrument
Contracts designated as hedging instruments	Other comprehensive income (loss)	121			112