2.4.0.8080800 - Disclosure - Derivative Financial Instrument (Tables)truefalsefalse1false falsefalsec20130101to20130630http://www.sec.gov/CIK0001059562duration2013-01-01T00:00:002013-06-30T00:00:001true 1us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstractus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsexbrli:stringItemTypestringfalse0Derivative Financial Instrument [Abstract]2false 2us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">.  The derivatives were recognized in the Condensed Consolidated Balance Sheets as current liabilities at fair value, as of June 30, 2013 as follows:</div><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><tr><td style="width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 27.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Location in Condensed</div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td><td colspan="2" style="width: 9.93%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">March 31,</div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td></tr><tr><td style="border-bottom: #000000 2px solid; width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Derivative Asset and Liablity</div></td><td style="border-bottom: #000000 2px solid; width: 27.84%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Consolidated Balance Sheet</div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td><td colspan="2" style="border-bottom: #000000 2px solid; width: 9.93%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">June 30, 2013</div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td></tr><tr><td style="width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Derivative designated as hedging instrument:</div></td><td style="width: 27.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td colspan="2" style="width: 9.93%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #cceeff;"><td style="width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Interest rate purchased option fair value</div></td><td style="width: 27.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Other current assets</div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.85%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">55</div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #ffffff;"><td style="width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Derivative designated as hedging instrument:</div></td><td style="width: 27.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 8.85%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #cceeff;"><td style="width: 60.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Interest rate swap fair value</div></td><td style="width: 27.84%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Accrued expenses</div></td><td style="width: 0.85%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.85%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">69</div></td><td style="width: 0.53%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr></table></div>falsefalsefalsenonnum:textBlockItemTypenaTabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. false0Derivatives Recognized in the Condensed Consolidated Balance Sheet3false 2us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlockus-gaap_truenadurationfalsefalsefalsefalsefalsefalsefalsefalselabel1falsefalsefalse00<div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">The following amounts are included in AOCI and earnings for the three and six months ended June 30, 2013:</div><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td colspan="7" style="border-bottom: #000000 2px solid; width: 23.04%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Net of Tax</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td colspan="3" rowspan="7" style="border-bottom: #000000 2px solid; width: 11.04%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Effective portion of (Gain) Loss Recognized in AOCI on Derivative</div></td><td rowspan="7" style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td><td colspan="3" rowspan="7" style="width: 11.03%; vertical-align: bottom;"><div style="text-align: center; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Effective Portion of (Gain) Loss Reclassified from AOCI into Earnings(1)</div></td><td rowspan="7" style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr><td style="border-bottom: #000000 2px solid; width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt; font-weight: bold;">Derivative in Cash Flow Hedging Relationship</div></td></tr><tr><td style="border-bottom: #000000 2px solid; width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Three Months Ended June 30, 2013</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td colspan="2" style="width: 10.05%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td colspan="2" style="width: 10.04%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #cceeff;"><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Interest rate derivatives</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">(151</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">)</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.07%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">-</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #ffffff;"><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 1.07%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #cceeff;"><td style="border-bottom: #000000 2px solid; width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Six Months Ended June 30, 2013</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 1.07%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr><tr style="background-color: #ffffff;"><td style="width: 75.97%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">Interest rate derivatives</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.08%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">10</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td><td style="border-bottom: #000000 4px double; width: 1.07%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">$</div></td><td style="border-bottom: #000000 4px double; width: 8.97%; vertical-align: bottom;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">-</div></td><td style="width: 0.98%; vertical-align: bottom;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;"> </div></td></tr></table><div><br /></div><table cellpadding="0" cellspacing="0" style="width: 100%; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><tr><td style="width: 7.69%; vertical-align: top;"><div style="text-align: right; font-family: 'Times New Roman', serif; font-size: 10pt;">(1)  </div></td><td style="width: 92.31%; vertical-align: top;"><div style="text-align: left; font-family: 'Times New Roman', serif; font-size: 10pt;">No amounts related to the interest rate derivatives were reclassified from AOCI to interest expense during the period.</div></td></tr></table></div>falsefalsefalsenonnum:textBlockItemTypenaTabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 205G -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 133 -Paragraph 44C -Subparagraph b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5624171-113959 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=7476318&loc=SL5618551-113959 false0Derivatives Recognized in the AOCI and EarningsfalseDerivative Financial Instrument (Tables)UnKnownUnKnownUnKnownUnKnowntruefalsefalseSheethttp://lmiaerospace.com/role/DerivativeFinancialInstrumentTables13