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F-20
F-20
Effect of Derivative Instruments on Consolidated Statements of Operations and Consolidated Statements of Stockholders’
Equity and Comprehensive Income
The following tables provide information about the gain or loss recognized in income and other comprehensive income
on the Company’s derivative financial instruments and the line items in the financial statements in which such gains and
losses are reflected (in thousands).
ConsolidatedStatements of Operations Location
Revenue
$
1,595
$
2,480
$
(6,675)
Cost of goods sold
(35,013)
(28,057)
15,602
Net increase (decrease) recognized in earnings
$ (33,418)
$ (25,577)
$
8,927
2011
2010
Year EndedDecember 31,
2009
Gains (Losses) on Derivative Instruments Not
Designated in a Hedging Relationship
Revenue
$
(201)
$
(100)
$
-
Cost of goods sold
(30)
30
-
Net decrease recognized in earnings
$
(231)
$
(70)
$
-
Locations of Gain (Loss) Due to Ineffectiveness
of Cash FlowHedges
ConsolidatedStatements of Operations Location
Year EndedDecember 31,
2010
2011
2009
Revenue
$ (46,686)
$ (11,135)
$
-
Cost of goods sold
(4,437)
4,629
-
Net decrease recognized in earnings
$ (51,123)
$
(6,506)
$
-
Year EndedDecember 31,
2009
2011
2010
Location of Gains (Losses) Reclassified
fromAccumulatedOther Comprehensive
Income (Loss) into Net Income
ConsolidatedStatements of Operations Location
Commodity Contracts
$ (55,356)
$
(6,803)
$
175
2009
Year EndedDecember 31,
2011
2010
Effective Portion of Cash FlowHedges
Recognized in
Other Comprehensive Income (Loss)