Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2012

Assets and Liabilities Measured at Fair Value on Recurring Basis

commodity transactions (see Note 10 for additional details). Assets and liabilities measured at fair value on a recurring basis as of September 30, 2012 and December 31, 2011, are summarized below (in thousands):

	Fair Value Measurements as of September 30, 2012
	Total			Level 1		Level 2			Level 3
Non-qualified deferred compensation assets	$	15,383		$	15,383		—			—
Foreign exchange contracts, net		(1,855	)		—	$	(1,855	)		—
Commodity contracts, net		538			—		538			—
Total	$	14,066		$	15,383	$	(1,317	)		—
	Fair Value Measurements as of December 31, 2011
	Total			Level 1		Level 2			Level 3
Non-qualified deferred compensation assets	$	3,639		$	3,639		—			—
Foreign exchange contracts, net		3,578			—		3,578			—
Commodity contracts, net		(1,337	)		—		(1,337	)		—
Total	$	5,880		$	3,639	$	2,241			—