Hedging Transactions and Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

The copper contracts outstanding as of March 31, 2016 were:



Notional Value of Copper Derivatives
April 2016 - June 2016	130	metric tons per month
July 2016 - September 2016	127	metric tons per month
October 2016 - December 2016	117	metric tons per month
January 2017 - March 2017	53	metric tons per month
April 2017 - June 2017	26	metric tons per month

As of March 31, 2016 the notional values of these foreign currency forward contracts were:



Notional Values of Foreign Currency Derivatives
CNY/USD	$	6,768,139
USD/EUR	€	5,250,318
CNY/EUR	€	2,812,683
USD/KRW	₩	7,401,436,000
JPY/EUR	€	1,367,462
EUR/GBP	£	150,000
JPY/USD	$	651,208

Effects on Statements of Operations and of Comprehensive Income:



(Dollars in thousands)		The Effect of Current Derivative Instruments on the Financial Statements for the quarter ended March 31, 2016
Foreign Exchange Contracts	Location	Gain (loss)
Contracts not designated as hedging instruments	Other income (expense), net	$	(114	)
Copper Derivatives
Contracts not designated as hedging instruments	Other income (expense), net	$	33
Interest Rate Swap
Contracts designated as hedging instruments	Other comprehensive income (loss)	$	11



(Dollars in thousands)		The Effect of Current Derivative Instruments on the Financial Statements for the quarter ended March 31, 2015
Foreign Exchange Contracts	Location	Gain (loss)
Contracts designated as hedging instruments	Other comprehensive income (loss)	$	197
Contracts not designated as hedging instruments	Other income (expense), net	$	(250	)
Copper Derivatives
Contracts not designated as hedging instruments	Other income (expense), net	$	(290	)
Interest Rate Swap
Contracts designated as hedging instruments	Other comprehensive income (loss)	$	(128	)