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Derivative Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2013
Information Related to Recurring Fair Value Measurement of Derivative Instruments

Information related to the recurring fair value measurement of derivative instruments in our consolidated balance sheet as of June 30, 2013 is as follows:

 

 

  

  

  

  

Asset Derivatives

 

  

Liability Derivatives

 

 

Net Asset/
(Liabilities)

 

 

Hedge Designation

  

Fair Value

Hierarchy

  

Balance Sheet
Location

  

Fair
Value

 

  

Balance Sheet

Location

  

Fair
Value

 

 

  

 

CRS             

Not a hedge

  

Level 2

  

 

  

 

 

 

  

Current
liabilities

  

$

(2,300

) 

 

 

 

 

 

 

  

 

  

 

  

 

 

 

  

Non current
liabilities

  

 

(10,004

) 

 

  

  

  

Total CRS             

 

  

 

  

 

  

 

 

 

  

 

  

$

(12,304

) 

 

$

(12,304

) 

Foreign currency derivatives             

Not a hedge

  

Level 2

  

Current assets

  

$

  5

  

  

Current
liabilities

  

$

(288

) 

 

$

(283

) 

Foreign currency derivatives             

Not a hedge

  

Level 2

  

Current assets

  

$

  118

  

  

 

  

 

 

 

 

$

  118

  

 

 

  

 

  

Non current assets

  

 

  2,463

  

  

 

  

  

  

  

 

$

  2,463

  

Total foreign currency derivatives             

 

  

 

  

 

  

$

  2,586

  

  

 

  

$

(288

) 

 

$

  2,298

  

Interest rate swap derivatives             

Cash flow hedge

  

Level 2

  

 

  

 

 

 

  

Current
liabilities

  

$

(149

) 

 

$

(149

) 

 

Information Relate to Effect of Derivative Instruments on Our Consolidated Income Statements

Information relating to the effect of derivative instruments on our consolidated income statements is as follows:

 

 

  

Location

  

Three
Months Ended
June 30,
2013

 

 

Six
Months Ended
June 30,
2013

 

Foreign currency derivatives             

  

Revaluation of derivatives

  

$

(301

) 

 

$

(1,275

) 

 

  

Foreign currency gain (loss)

  

 

(127

) 

 

 

(418

) 

Total foreign currency derivatives             

  

 

  

$

(428

) 

 

$

(1,693

) 

CRS             

  

Revaluation of derivatives

  

$

  940

  

 

$

  2,260

  

Commodity derivatives             

  

Revaluation of derivatives

  

$

 

 

$

  

Interest Rate Swap             

  

Interest Expense

  

$

  2

 

 

$

  2

 

 

  

Other Comprehensive Income

  

$

  36

  

 

$

  75

 

 

 

  

Location

  

Three

Months Ended

June 30,

2012

 

 

Six
Months Ended

June 30,

2012

 

Foreign currency derivatives             

  

Revaluation of derivatives

  

$

(1,565

) 

 

$

(478

) 

 

  

Foreign currency gain (loss)

  

 

(226

) 

 

 

  671

  

Total foreign currency derivatives             

  

 

  

$

(1,791

) 

 

$

  193

  

CRS             

  

Revaluation of derivatives

  

$

  123

  

 

$

  270

  

Commodity derivatives             

  

Revaluation of derivatives

  

$

  19

  

 

$

  145

  

Interest Rate Swap             

  

Interest Expense

  

$

(14

) 

 

$

(42

) 

 

  

Other Comprehensive Income

  

$

  3

  

 

$

(30

)