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Hedging Transactions and Derivative Financial Instruments (Tables)
 6 Months Ended
Jun. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Notional Amounts of Outstanding Derivative Positions
The notional values of our copper contracts outstanding as of June 30, 2016 were:
Notional Value of Copper Derivatives
July 2016 - September 2016
127
 metric tons per month
October 2016 - December 2016
117
 metric tons per month
January 2017 - March 2017
95
 metric tons per month
April 2017 - June 2017
61
 metric tons per month
July 2017 - September 2017
28
 metric tons per month
As of June 30, 2016 the notional values of these foreign currency forward contracts were:
Notional Values of Foreign Currency Derivatives
CNY/USD
 
¥
1,189,444

USD/EUR
 
€
43,177,841

USD/KRW
 
₩
12,239,440,000

JPY/EUR
 
¥
169,000,000

EUR/GBP
 
£
39,000

JPY/USD
 
¥
19,000,000

HUF/EUR
 
€
811,955
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance
Effects on Statements of Operations and of Comprehensive Income (Loss):
(Dollars in thousands)
 
 
 
The Effect of Current Derivative Instruments on the Financial Statements for the period ended June 30, 2016
Fair Values of Derivative Instruments as of June 30, 2016
 
 
 
 
Gain (Loss)
Other Assets (Liabilities)
 
Foreign Exchange Contracts
 
Location
 
Quarter Ended
 
Six Months Ended
 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
943

 
$
908

$
908

Copper Derivatives
 
 
 
 
 
 

 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(79
)
 
$
(103
)
$
315

Interest Rate Swap
 
 
 
 
 
 
 
Contracts designated as hedging instruments
 
Other comprehensive income (loss)
 
$
—

 
$
—

$
—

(Dollars in thousands)
 
 
 
The Effect of Current Derivative Instruments on the Financial Statements for the period ended June 30, 2015
Fair Values of Derivative Instruments as of June 30, 2015
 
 
 
 
Gain (Loss)
Other Assets (Liabilities)
 
Foreign Exchange Contracts
 
Location
 
Quarter Ended
 
Six Months Ended
 
Contracts designated as hedging instruments
 
Other comprehensive income (loss)
 
$
(335
)
 
$
(100
)
$
274

Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(125
)
 
$
(398
)
$
(39
)
Copper Derivatives
 
 
 
 
 
 
 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(157
)
 
$
(449
)
$
436

Interest Rate Swap
 
 
 
 
 
 
 
Contracts designated as hedging instruments
 
Other comprehensive income (loss)
 
$
35

 
$
51

$
(93
)