Derivative Instruments and Hedging Activities (Tables)

6 Months Ended

Jun. 30, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivatives not designated as hedging instruments

The (gains) losses recognized for the three and six months ended June 30, are as follows (in thousands):

	Three Months Ended   June 30,					Six Months Ended   June 30,
Derivatives not designated as hedging instruments	2015			2014		2015			2014
Commodity options	$	(74	)	$	272	$	355		$	272
Foreign exchange forwards	94			—		94			—
Foreign exchange options (1)	1,352			—		(2,817		)	—
Total non-designated derivative realized loss (gain), net	$	1,372		$	272	$	(2,368	)	$	272

Fair value of derivatives

Summary of Derivatives

Derivatives consist of the following (in thousands):

		June 30, 2015		December 31, 2014
Derivatives not designated as hedging instruments	Classification	Fair Value		Fair Value
Commodity options	Other current assets	$	83	$	591
Commodity options	Other assets	—		162
Foreign exchange options	Other current assets	3,100		1,851
Foreign exchange forwards	Other current assets	78		—
Foreign exchange options	Other assets	—		445
	Total assets	$	3,261	$	3,049