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Fair Value (Tables)
12 Months Ended
Dec. 31, 2015
Fair Value Disclosures [Abstract]  
Fair Value of Derivatives
The fair value of our derivative financial instruments by level is as follows:
 
 
Fair Value at
 
Fair Value at
Asset / (Liability
(dollars in thousands)
 
December 31, 2015
 
December 31, 2014
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
Commodity futures natural gas contracts
 
$

 
$
(2,202
)
 
$

 
$
(2,202
)
 
$

 
$
(2,868
)
 
$

 
$
(2,868
)
Currency contracts
 

 
245

 

 
245

 

 
403

 

 
403

Interest rate agreements
 

 
(2,378
)
 

 
(2,378
)
 

 

 

 

Net derivative asset (liability)
 
$

 
$
(4,335
)
 
$

 
$
(4,335
)
 
$

 
$
(2,465
)
 
$

 
$
(2,465
)
Total Derivative Position Recorded on Balance Sheet
The total derivative position is recorded on the Consolidated Balance Sheets as follows:
Asset / (Liability
(dollars in thousands)
 
December 31, 2015
 
December 31, 2014
Prepaid and other current assets
 
$
245

 
$
403

Derivative liability
 
(4,265
)
 
(2,653
)
Other long-term liabilities
 
(315
)
 
(215
)
Net derivative asset (liability)
 
$
(4,335
)
 
$
(2,465
)