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Commodity Derivative Instruments (Tables)
12 Months Ended
Dec. 31, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Summary of Pre-Tax Changes in Fair Value The following table summarizes pre-tax changes in the fair values of the Company’s commodity derivative instruments and the classification of such changes in the consolidated statements of operations:
 Fiscal Year
(in thousands)202220212020
Cost of sales$(3,333)$3,469 $1,996 
Selling, delivery and administrative expenses427 1,772 791 
Total gain (loss)$(2,906)$5,241 $2,787 
Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments The following table summarizes the fair values of the Company’s commodity derivative instruments and the classification of such instruments in the consolidated balance sheets:
(in thousands)December 31, 2022December 31, 2021
Prepaid expenses and other current assets$4,808 $7,714 
Total assets$4,808 $7,714 
Summary of Gross Derivative Assets and Gross Derivative Liabilities in Consolidated Balance Sheets
The following table summarizes the Company’s gross commodity derivative instrument assets and gross commodity derivative instrument liabilities in the consolidated balance sheets:

(in thousands)December 31, 2022December 31, 2021
Gross commodity derivative instrument assets$4,808 $9,200 
Gross commodity derivative instrument liabilities— 1,486 
Summary of Outstanding Commodity Derivative Agreements
The following table summarizes the Company’s outstanding commodity derivative instruments:

(in thousands)December 31, 2022December 31, 2021
Notional amount of outstanding commodity derivative instruments$61,128 $74,558 
Latest maturity date of outstanding commodity derivative instrumentsDecember 2023December 2022