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Hedging Transactions and Derivative Financial Instruments (Tables)
 9 Months Ended
Sep. 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 September 30, 2016 were:
Notional Value of Copper Derivatives
October 2016 - December 2016
117
 metric tons per month
January 2017 - March 2017
111
 metric tons per month
April 2017 - June 2017
103
 metric tons per month
July 2017 - September 2017
106
 metric tons per month
October 2017 - December 2017
83
 metric tons per month
As of September 30, 2016 the notional values of these foreign currency forward contracts were:
Notional Values of Foreign Currency Derivatives
USD/EUR
 
$
500,000

KRW/USD
 
₩
9,739,900,000

JPY/EUR
 
¥
286,000,000

JPY/USD
 
¥
24,000,000

HUF/EUR
 
Ft
228,000,000
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 September 30, 2016
Fair Values of Derivative Instruments as of September 30, 2016
 
 
 
 
Gain (Loss)
Other Assets (Liabilities)
 
Foreign Exchange Contracts
 
Location
 
Quarter Ended
 
Nine Months Ended
 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
29

 
$
29

$
29

Copper Derivatives
 
 
 
 
 
 

 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(94
)
 
$
(163
)
$
490

(Dollars in thousands)
 
 
 
The Effect of Current Derivative Instruments on the Financial Statements for the period ended September 30, 2015
Fair Values of Derivative Instruments as of September 30, 2015
 
 
 
 
Gain (Loss)
Other Assets (Liabilities)
 
Foreign Exchange Contracts
 
Location
 
Quarter Ended
 
Nine Months Ended
 
Contracts designated as hedging instruments
 
Other comprehensive income (loss)
 
$
10

 
$
(87
)
$
106

Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(315
)
 
$
(123
)
$
(185
)
Copper Derivatives
 
 
 
 
 
 
 
Contracts not designated as hedging instruments
 
Other income (expense), net
 
$
(245
)
 
$
(694
)
$
383

Interest Rate Swap
 
 
 
 
 
 
 
Contracts designated as hedging instruments
 
Other comprehensive income (loss)
 
$
36

 
$
85

$
(58
)