Derivative Financial Instruments (Tables)

9 Months Ended

Sep. 27, 2015

Derivative Instruments And Hedging Activities Disclosure [Abstract]

Summary of Pre-Tax Changes in Fair Value

The following summarizes Q3 2015 and Q3 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.

		Third Quarter
In Thousands	Classification of Gain (Loss)	2015			2014
Commodity hedges	Cost of sales	$	(1,438	)	$	(319	)
Commodity hedges	Selling, delivery and administrative expenses		(692	)		0
Total		$	(2,130	)	$	(319	)

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 Nine Months
In Thousands	Classification of Gain (Loss)	2015			2014
Commodity hedges	Cost of sales	$	(2,119	)	$	552
Commodity hedges	Selling, delivery and administrative expenses		(117	)		0
Total		$	(2,236	)	$	552

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	Sept. 27,		Dec. 28,		Sept. 28,
In Thousands	Classification	2015		2014		2014
Assets:
Commodity hedges at fair market value	Prepaid expenses and other current assets	$	0	$	0	$	552
Commodity hedges at fair market value	Other assets		39		0		0
Total assets		$	39	$	0	$	552
Liabilities:
Commodity hedges at fair market value	Other accrued liabilities	$	1,918	$	0	$	0
Commodity hedges at fair market value	Other liabilities		357		0		0
Total liabilities		$	2,275	$	0	$	0