XML 44 R29.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES: (Tables)
12 Months Ended
Dec. 31, 2013
DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES:  
Summary of the Company's outstanding derivative contracts and their effects on the Consolidated Statements of Financial Position

 

 

 

 

December 31, 2013

 

 

 

Notional
Amounts

 

Assets

 

Liabilities

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

Foreign currency forward contracts

 

$

34,244

 

$

 

$

(684

)

Commodity futures contracts

 

5,601

 

41

 

(191

)

Total derivatives designated as hedging instruments:

 

 

 

41

 

(875

)

Derivatives not designated as hedging instruments:

 

 

 

 

 

 

 

Commodity futures contracts

 

321

 

20

 

 

Total derivatives not designated as hedging instruments:

 

 

 

20

 

 

Total derivatives

 

 

 

$

61

 

$

(875

)

 

 

 

December 31, 2012

 

 

 

Notional
Amounts

 

Assets

 

Liabilities

 

Derivatives designated as hedging instruments:

 

 

 

 

 

 

 

Commodity futures contracts

 

$

7,868

 

$

127

 

$

(301

)

Total derivatives designated as hedging instruments:

 

 

 

127

 

(301

)

Derivatives not designated as hedging instruments

 

 

 

 

 

 

 

Commodity futures contracts

 

627

 

62

 

 

Total derivatives not designated as hedging instruments:

 

 

 

62

 

 

Total derivatives

 

 

 

$

189

 

$

(301

)

Effects of derivative instruments on the Consolidated Statement of Earnings, Comprehensive Earnings and Retained Earnings

 

 

 

 

For Year Ended December 31, 2013

 

 

 

Gain (Loss)
Recognized
in OCI

 

Gain (Loss)
Reclassified from
Accumulated OCI
into Earnings

 

Gain (Loss)
on Amount Excluded
from Effectiveness
Testing Recognized
in Earnings

 

Foreign currency forward contracts

 

$

(1,144

)

$

(460

)

$

 

Commodity futures contracts

 

(963

)

(986

)

 

Total

 

$

(2,107

)

$

(1,446

)

$

 

 

 

 

For Year Ended December 31, 2012

 

 

 

Gain (Loss)
Recognized
in OCI

 

Gain (Loss)
Reclassified from
Accumulated OCI
into Earnings

 

Gain (Loss)
on Amount Excluded
from Effectiveness
Testing Recognized
in Earnings

 

Foreign currency forward contracts

 

$

222

 

$

427

 

$

 

Commodity futures contracts

 

(526

)

(149

)

 

Commodity option contracts

 

(35

)

(35

)

 

Total

 

$

(339

)

$

243

 

$