Derivative Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2016

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Information Related to Recurring Fair Value Measurement of Derivative Instruments in Our Consolidated Condensed Balance Sheet

Information related to the recurring fair value measurement of derivative instruments in our consolidated condensed balance sheet as of March 31, 2016 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

Foreign currency derivatives

Cash flow hedge

Level 2

Current assets

$

1,324

$

1,324

Commodity derivatives

Cash flow hedge

Level 2

Current liabilities

$

(429

)

$

(429

)

Information Related to Effect of Derivative Instruments on Our Consolidated Condensed Statements of Income

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

	Location	Three Months Ended March 31, 2016			Three Months Ended March 31, 2015
Foreign currency derivatives	Revaluation of derivatives	$	—		$	6,197
	Cost of sales		35			(128	)
	Selling, general and administrative		139			21
	Other comprehensive income		1,293			(347	)
	Foreign currency (loss) gain		78			207
Total foreign currency derivatives		$	1,545		$	5,950
Commodity derivatives	Cost of sales	$	(211	)	$	(7,161	)
	Other comprehensive income	$	296		$	—
Total commodity derivatives		$	85		$	(7,161	)