Quarterly report pursuant to Section 13 or 15(d)

Fair Value (Tables)

v3.7.0.1
Fair Value (Tables)
6 Months Ended
Jun. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis
The following table sets forth the assets and liabilities measured at fair value on a recurring basis, by input level, in the consolidated balance sheets at June 30, 2017 and December 31, 2016:
 
Level 1
 
Level 2
 
Level 3
 
Total
As of June 30, 2017
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Fair value hedge of consigned inventory
$

 
$
5,130

 
$

 
$
5,130

Liabilities:
 
 
 
 
 
 
 
Commodity contracts (futures and forwards)
662

 

 

 
662

 
 
 
 
 
 
 
 
As of December 31, 2016
 
 
 
 
 
 
 
Assets:
 
 
 
 
 
 
 
Fair value hedge of consigned inventory
$

 
$
4,389

 
$

 
$
4,389

Liabilities:
 
 
 
 
 
 
 
Commodity contracts (futures and forwards)
689

 

 

 
689