XML 26 R43.htm IDEA: XBRL DOCUMENT v2.4.0.8
FINANCIAL INSTRUMENTS (Details) (USD $)
3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Zinc
item
Sep. 30, 2013
Zinc
item
Sep. 30, 2012
Zinc
Dec. 31, 2012
Zinc
item
Sep. 30, 2013
Copper
item
Sep. 30, 2012
Heating oil
Sep. 30, 2012
Heating oil
Sep. 30, 2013
Foreign exchange zero cost collar
Designated as hedges
Sep. 30, 2013
Foreign exchange zero cost collar
Designated as hedges
2013 expenditures
Sep. 30, 2013
Call Options Written
item
Sep. 30, 2012
Call Options Written
item
Sep. 30, 2013
Call Options Written
item
Sep. 30, 2012
Call Options Written
item
Sep. 30, 2013
Expected 2013 diesel fuel exposure
Designated as hedges
Heating oil
gal
Sep. 30, 2013
Foreign exchange, heating oil and other derivative financial instruments
Sep. 30, 2012
Foreign exchange, heating oil and other derivative financial instruments
Sep. 30, 2013
Foreign exchange, heating oil and other derivative financial instruments
Sep. 30, 2012
Foreign exchange, heating oil and other derivative financial instruments
Sep. 30, 2013
Foreign exchange derivative
Sep. 30, 2012
Foreign exchange derivative
Sep. 30, 2013
Foreign exchange derivative
Sep. 30, 2012
Foreign exchange derivative
Sep. 30, 2013
Heating oil derivative
Sep. 30, 2012
Heating oil derivative
Sep. 30, 2013
Heating oil derivative
Sep. 30, 2012
Heating oil derivative
Sep. 30, 2012
Other derivative
Sep. 30, 2012
Other derivative
Sep. 30, 2013
Equity derivative
Sep. 30, 2013
Equity derivative
Financial instruments                                                                    
Net premium payable to counterparty                                                                     
Amount of expenditures hedged                         60,000,000                                          
Number of derivative instruments outstanding         0 0   0 0         0 0 0 0                                  
Notional amount                                   10,500,000                                
Average price (in dollars per gallon)                                   2.99                                
Percentage of Meadowbank's expected exposure                                   55.00%                                
Changes in AOCL balances recorded in the interim consolidated financial statements pertaining to derivative financial instruments                                                                    
Accumulated other comprehensive (loss) income, beginning of period     (27,311,000)                               (2,091,000) (2,653,000) (260,000) (4,404,000)                        
Other comprehensive income (loss)                                             1,260,000 5,897,000 (505,000) 7,979,000 439,000 89,000 353,000 135,000 (3,000) (397,000)    
Reclassification to the interim unaudited consolidated statements of income                                     (209,000) (1,245,000) (189,000) (1,228,000)                        
Accumulated other comprehensive (loss) income, end of period (8,109,000)   (8,109,000)                               (601,000) 2,085,000 (601,000) 2,085,000                        
(Gain) loss on derivative financial instruments                                                                    
Premiums realized on written foreign exchange call option                           1,074,000 227,000 2,547,000 1,254,000                                  
Mark-to-market gain                                                                 2,270,000 1,843,000
Realized gain on zinc derivative financial instruments         60,000 60,000 476,000                                                      
Gain (loss) on heating oil derivative financial instruments and other                   1,447,000 (3,482,000)                                              
Gain (loss) on derivative financial instruments $ 3,404,000 $ 1,674,000 $ 4,450,000 $ (1,752,000)