Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 28, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

The following summarizes Q2 2015 and Q2 2014 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification of such changes in the consolidated statements of operations.

		Second Quarter
In Thousands	Classification of Gain (Loss)	2015			2014
Commodity hedges	Cost of sales	$	(893	)	$	91
Commodity hedges	Selling, delivery and administrative expenses		144			0
Total		$	(749	)	$	91

The following summarizes YTD 2015 and YTD 2014 pre-tax changes in the fair value of the Company’s commodity derivative financial instruments and the classification of such changes in the consolidated statements of operations.

		First Half
In Thousands	Classification of Gain (Loss)	2015			2014
Commodity hedges	Cost of sales	$	(681	)	$	871
Commodity hedges	Selling, delivery and administrative expenses		575			0
Total		$	(106	)	$	871

Summary of Fair Values and Classification in Consolidated Balance Sheets of Derivative Instruments

The following table summarizes the fair values and classification in the consolidated balance sheets of derivative instruments held by the Company:

	Balance Sheet	June 28,		Dec. 28,		June 29,
In Thousands	Classification	2015		2014		2014
Assets:
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	428	$	0	$	871
Commodity hedges at fair market value	Other assets		147		0		0
Total  assets		$	575	$	0	$	871
Liabilities:
Commodity hedges at fair market value	Other accrued liabilities	$	569	$	0	$	0
Commodity hedges at fair market value	Other liabilities		112		0		0
Total liabilities		$	681	$	0	$	0