Derivatives and Hedging (Tables)

9 Months Ended

Sep. 30, 2013

Derivatives and Hedging

Schedule of Fair Values of Derivatives Designated as Hedging Instruments

	Asset Derivatives					Liability Derivatives
	Balance Sheet	September 30,		December 31,		Balance Sheet	September 30,		December 31,
(in thousands)	Location	2013		2012		Location	2013		2012
Commodity contracts	Other current assets	$	219	$	95	Other accrued liabilities	$	106	$	15
Foreign currency contracts	Other current assets	805		640		Other accrued liabilities	3,344		2,130
Commodity contracts	Other assets	—		—		Noncurrent liabilities	184		13
Foreign currency contracts	Other assets	—		—		Noncurrent liabilities	—		21
Total		$	1,024	$	735		$	3,634	$	2,179

Schedule of after-tax amount of gain (loss) recognized in OCI and reclassified from AOCI into earnings associated with cash flow hedges

The after-tax amount of gain (loss) recognized in OCI associated with the derivative instruments designated as cash flow hedges is as follows:

	Three Months Ended					Nine Months Ended
	September 30,					September 30,
Cash Flow Hedges (in thousands)	2013			2012		2013			2012
Commodity contracts	$	47		$	619	$	79		$	1,011
Foreign currency contracts	(490		)	884		(2,962		)	2,910
Total	$	(443	)	$	1,503	$	(2,883	)	$	3,921

The after-tax amount of gain (loss) reclassified from AOCI into earnings associated with the derivative instruments designated as cash flow hedges is as follows:

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
Cash Flow Hedges (in thousands)	Location of Gain (Loss)	2013			2012			2013			2012
Commodity contracts	Total cost of revenue	$	(1	)	$	710		$	59		$	1,654
Foreign currency contracts	Total cost of revenue	(1,319		)	557			(1,454		)	558
Interest rate contracts	Interest expense	(262		)	(262		)	(786		)	(786		)
Total		$	(1,582	)	$	1,005		$	(2,181	)	$	1,426

Hedging instruments designated as fair value hedges

Derivative gain (loss)

Schedule of pre-tax amount of gain (loss) recognized in earnings

		Three Months Ended						Nine Months Ended
		September 30,						September 30,
Fair Value Hedges (in thousands)	Location of Gain (Loss)	2013			2012			2013		2012
Foreign currency contracts	Corporate general and administrative expense	$	(81	)	$	(12,075	)	$	4,064	$	(19,773	)