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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Derivatives not designated as hedging instruments
The (gains) losses recognized for the three and nine months ended September 30, are as follows (in thousands):
 
Three Months Ended September 30,
 
Nine Months Ended 
 September 30,
Derivatives not designated as hedging instruments
2015
 
2014
 
2015
 
2014
Commodity options
$
37

 
$
(153
)
 
$
392

 
$
119

Foreign exchange forwards
114

 
(237
)
 
208

 
(237
)
Foreign exchange options (1)
(2,643
)
 
(303
)
 
(5,460
)
 
(303
)
Total non-designated derivative realized loss (gain), net
$
(2,492
)
 
$
(693
)
 
$
(4,860
)
 
$
(421
)
Fair value of derivatives
Summary of Derivatives
Derivatives consist of the following (in thousands):
 
 
 
 
September 30, 2015
 
December 31, 2014
Derivatives not designated as hedging instruments
 
Classification
 
Fair Value
 
Fair Value
Commodity options
 
Other current assets
 
$
8

 
$
591

Commodity options
 
Other assets
 
—

 
162

Foreign exchange options
 
Other current assets
 
3,757

 
1,851

Foreign exchange options
 
Other assets
 
—

 
445

 
 
Total assets
 
$
3,765

 
$
3,049

 
 
 
 
 
 
 
Foreign exchange forwards
 
Accrued expenses
 
$
35

 
$
—