Derivative Instruments (Tables)

12 Months Ended

Dec. 31, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding Forward and Future Contracts

As of December 31, 2013, the Company had the following outstanding futures contracts with settlement dates ranging from February 2014 to March 2014. There were no forward contracts outstanding at December 31, 2013.

			Notional Value
Commodity	Amount		($ in millions)
Silver	650,000	ounces	$	12.6
Gold	1,000	ounces	$	1.2
Copper	350,000	pounds	$	1.2
Tin	40	metric tons	$	0.9

Effect of Derivative Instruments on the Consolidated Income Statements

Effect of Derivative Instruments in the Consolidated Income Statements - Income/(Expense)

(in thousands)		Year Ended
		December 31,
Derivative	Income Statement Line	2013			2012		2011
Commodity contracts	Cost of goods sold	$	2,528		$	—	$	—
	Total derivatives designated as hedging instruments	2,528			—		—
Commodity contracts	Realized and unrealized gain (loss) on derivatives	1,988			522		(1,236		)
Interest rate swap agreements	Interest expense	(328		)	—		—
Derivative features of Subordinated Notes	Realized and unrealized (loss) gain on derivatives	(793		)	2,060		1,654
	Total derivatives not designated as hedging instruments	867			2,582		418
	Total derivatives	$	3,395		$	2,582	$	418

Fair Value of Derivative Instruments in the Consolidated Balance Sheets

Fair Value of Derivative Instruments on the Consolidated Balance Sheets - Asset/(Liability)

(in thousands)		December 31,			December 31,
Derivative	Balance Sheet Location	2013			2012
Commodity contracts	Prepaid and other current assets	$	1,778		$	—
	Total derivatives designated as hedging instruments	1,778			—
Commodity contracts	(Accrued liabilities)/Prepaid and other current assets	(158		)	100
Interest rate swap agreements	Other liabilities	(214		)	—
Derivative features of Subordinated Notes	Long-term debt and long-term debt - related party	—			793
	Total derivatives not designated as hedging instruments	(372		)	893
	Total derivatives	$	1,406		$	893