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Note 7 - Fair Value of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
   

Value of Items Recorded at Fair Value

 
   

As of June 30, 2014

 

(in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Assets:

                               

Metals swaps

  $ -     $ 842     $ -     $ 842  

Total assets at fair value

  $ -     $ 842     $ -     $ 842  
                                 

Liabilities:

                               

Embedded customer derivative

  $ -     $ 842     $ -     $ 842  

Interest rate swap (CTI)

    -       232       -       232  

Fixed interest rate swap (ABL)

    -       586       -       586  

Total liabilities recorded at fair value

  $ -     $ 1,660     $ -     $ 1,660  
   

Value of Items Recorded at Fair Value

 
   

As of December 31, 2013

 

(in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Assets:

                               

Embedded customer derivative

  $ -     $ 614     $ -     $ 614  

Total assets at fair value

  $ -     $ 614     $ -     $ 614  
                                 

Liabilities:

                               

Metals swaps

  $ -     $ 614     $ -     $ 614  

Interest rate swap (CTI)

    -       279       -       279  

Fixed interest rate swap (ABL)

    -       710       -       710  

Total liabilities recorded at fair value

  $ -     $ 1,603     $ -     $ 1,603  
Fair Value, by Balance Sheet Grouping [Table Text Block]
   

Value of Items Not Recorded at Fair Value

 
   

As of June 30, 2014

 

(in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Liabilities:

                               

IRB

  $ 3,530     $ -     $ -     $ 3,530  

ABL Credit Facility

    -       233,783       -       233,783  

Total liabilities not recorded at fair value

  $ 3,530     $ 233,783     $ -     $ 237,313  
   

Value of Items Not Recorded at Fair Value

 
   

As of December 31, 2013

 

(in thousands)

 

Level 1

   

Level 2

   

Level 3

   

Total

 

Liabilities:

                               

IRB

  $ 4,340     $ -     $ -     $ 4,340  

Term loan

    -       48,854       -       48,854  

ABL Credit Facility

    -       146,075       -       146,075  

Total liabilities not recorded at fair value

  $ 4,340     $ 194,929     $ -     $ 199,269