DERIVATIVES (Tables)

12 Months Ended

Dec. 31, 2011

DERIVATIVES

Schedule of fair values of derivative instruments on the Company's Consolidated Balance Sheets

	December 31, 2011				December 31, 2010
Derivatives by hedge designation	Other Current Assets		Other Current Liabilities		Other Current Assets		Other Current Liabilities
Designated as hedging instruments:
Foreign exchange contracts	$	801	$	531	$	381	$	728
Not designated as hedging instruments:
Foreign exchange contracts		726		1,026		252		1,228
Commodity contracts		1,559		–		–		1,051
Total derivatives	$	3,086	$	1,557	$	633	$	3,007

Schedule of effects of undesignated derivative instruments on the Company's Consolidated Statements of Income

		Year Ended December 31,
Derivatives by hedge designation	Classification of gains (losses)	2011			2010
Not designated as hedges:
Foreign exchange contracts	Selling, general & administrative expenses	$	92		$	(1,481	)
Commodity contracts	Cost of goods sold		1,167			(4,451	)
Commodity contracts	Other income		(12	)		(112	)

Schedule of effects of designated cash flow hedges on AOCI and the entity's Consolidated Statements of Income

	December 31,
Total gain (loss) recognized in AOCI, net of tax	2011		2010
Foreign exchange contracts	$	912	$	(352	)

		Year Ended December 31,
Derivative type	Gain (loss) reclassified from AOCI to:	2011			2010
Foreign exchange contracts	Sales	$	(91	)	$	137
	Cost of goods sold		(1,292	)		(720	)
Commodity contracts	Cost of goods sold		–			(1,029	)