XML 46 R34.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Derivative Instruments (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Schedule of Notional Amounts of Outstanding Derivative Positions | As of September 30, 2016, the Company had the following foreign currency swap outstanding, which is not designated as a hedging contract and settles in U.S. dollars during the fourth quarter of 2016:
|  | Aggregate Notional Amount
Australian dollar |  | A$ | 10,000 |
The notional amounts, fixed and variable interest rates and maturities of the swap agreements are as follows:
| Tranche A | Tranche B | Tranche C
Notional amount (USD) | 400,000 | 150,000 | 250,000
Amortization | 5% annually | N/A | N/A
Maturity date | 12/31/2020 | 12/31/2020 | 12/31/2018
Fixed interest rate | 1.108% | 1.125% | 0.896%
Location and Amounts of Derivative Gains and Losses in Condensed Consolidated Statements of Income | The following table presents information on the location and amounts of derivative gains and losses in the unaudited condensed consolidated statements of income:
|  |  | Amount of Gain or (Loss) Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments | Location of Gain or (Loss) Recognized in |  | Three months ended September 30, |  | Nine months ended September 30,
Income on Derivative |  | 2016 |  | 2015 |  | 2016 |  | 2015
Commodity contracts | Net realized and unrealized (loss) gain on fuel price derivatives |  | $ | — |  |  | $ | 7,922 |  |  | $ | 711 |  |  | $ | 4,671 |
Foreign currency contracts | Net foreign currency gain (loss) |  | $ | 1 |  |  | $ | (100 | ) |  | $ | 40 |  |  | $ | 21,867 |
Location and Amounts of Derivative Fair Values in Condensed Consolidated Balance Sheets |
|  |  | Amount of Gain or (Loss) Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments | Location of Gain or (Loss) Recognized in |  | Three months ended September 30, |  | Nine months ended September 30,
Income on Derivative |  | 2016 |  | 2015 |  | 2016 |  | 2015
Commodity contracts | Net realized and unrealized (loss) gain on fuel price derivatives |  | $ | — |  |  | $ | 7,922 |  |  | $ | 711 |  |  | $ | 4,671 |
Foreign currency contracts | Net foreign currency gain (loss) |  | $ | 1 |  |  | $ | (100 | ) |  | $ | 40 |  |  | $ | 21,867 |
The following table presents information on the location and amounts of derivative fair values in the unaudited condensed consolidated balance sheets:

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the notional amounts of outstanding derivative positions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959 + Details
Name: | us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration