Derivative Instruments (Tables)

3 Months Ended

Mar. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding Forward and Future Contracts

As of March 31, 2015, the Company had the following outstanding futures contracts with settlement dates ranging from April 2015 to June 2015. There were no forward contracts outstanding at March 31, 2015.

			Notional Value
Commodity	Amount		($ in millions)
Silver	795,000	ounces	$	13.6
Gold	900	ounces	$	1.1
Copper	350,000	pounds	$	1.0
Tin	60	metric tons	$	1.0

Effect of Derivative Instruments on the Consolidated Statements of Operations

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

(in thousands)		Three Months Ended
		March 31,
Derivative	Statement of Operations Line	2015			2014
Commodity contracts	Cost of goods sold	$	(914	)	$	(126	)
	Total derivatives designated as hedging instruments	(914		)	(126		)
Commodity contracts	Cost of goods sold	147			(21		)
Commodity contracts	Realized and unrealized (loss) gain on derivatives	(207		)	140
Interest rate swap agreements	Interest expense	(45		)	(45		)
	Total derivatives not designated as hedging instruments	(105		)	74
	Total derivatives	$	(1,019	)	$	(52	)

Derivative Instruments in the Consolidated Balance Sheets, Fair Value

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

(in thousands)		March 31,			December 31,
Derivative	Balance Sheet Location	2015			2014
Commodity contracts	Prepaid and other current assets	$	409		$	667
	Total derivatives designated as hedging instruments	409			667
Commodity contracts	Prepaid and other current assets	139			97
Interest rate swap agreements	Other liabilities	(131		)	(138		)
	Total derivatives not designated as hedging instruments	8			(41		)
	Total derivatives	$	417		$	626