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Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
Schedule of Financial Assets and Liabilities Recorded at Fair Value on Recurring Basis

The fair value of the Company’s financial assets and liabilities on a recurring basis were as follows:

 

(U.S. Dollars in thousands)

 

Balance

December 31,

2014

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collective trust funds

 

$

1,696

 

 

$

 

 

$

1,696

 

 

$

 

Treasury securities

 

 

586

 

 

 

586

 

 

 

 

 

 

 

Certificates of deposit

 

 

1,510

 

 

 

1,510

 

 

 

 

 

 

 

Derivative securities

 

 

2,825

 

 

 

 

 

 

2,825

 

 

 

 

Total

 

$

6,617

 

 

$

2,096

 

 

$

4,521

 

 

$

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred compensation plan

 

$

(1,886

)

 

$

 

 

$

(1,886

)

 

$

 

Total

 

$

(1,886

)

 

$

 

 

$

(1,886

)

 

$

 

 

(U.S. Dollars in thousands)

 

Balance

December 31,

2013

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

Assets

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Collective trust funds

 

$

1,667

 

 

$

 

 

$

1,667

 

 

$

 

Treasury securities

 

 

660

 

 

660

 

 

 

 

 

 

 

Certificates of deposit

 

 

1,562

 

 

 

1,562

 

 

 

 

 

 

 

Derivative securities

 

 

107

 

 

 

 

 

 

107

 

 

 

 

Total

 

$

3,996

 

 

$

2,222

 

 

$

1,774

 

 

$

 

Liabilities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred compensation plan

 

$

(2,506

)

 

$

 

 

$

(2,506

)

 

$

 

Derivative securities

 

 

(1,036

)

 

 

 

 

 

(1,036

)

 

 

 

Total

 

$

(3,542

)

 

$

 

 

$

(3,542

)

 

$