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FAIR VALUE MEASUREMENT (Tables)
12 Months Ended
Dec. 31, 2015
FAIR VALUE MEASUREMENT  
Schedule of inputs into the fair value measurements of the Company's assets or liabilities that are measured at fair value on a recurring basis

 

                                                                                                                                                                                    

 

 

Fair Value Measurements Using

 

As of December 31, 2015

 

Total Fair
Value and
Carrying
Value on the
Balance Sheets

 

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

 

 

$

 

$

 

$

 

$

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange forward contracts

 

 

1,924 

 

 

 

 

1,924 

 

 

 

Commodity hedge

 

 

2,072 

 

 

 

 

2,072 

 

 

 

Interest rate swaption

 

 

4,335 

 

 

 

 

4,335 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total Assets

 

 

8,331 

 

 

 

 

8,331 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest rate swap

 

 

21,546 

 

 

 

 

21,546 

 

 

 

Warrants

 

 

25,265 

 

 

 

 

25,265 

 

 

 

Foreign exchange forward contracts

 

 

5,775 

 

 

 

 

5,775 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

Total Liabilities

 

 

52,586 

 

 

 

 

52,586 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Fair Value Measurements Using

 

As of December 31, 2014

 

Total Fair
Value and
Carrying
Value on the
Balance Sheets

 

Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)

 

Significant
Other
Observable
Inputs
(Level 2)

 

Significant
Unobservable
Inputs
(Level 3)

 

 

 

$

 

$

 

$

 

$

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange forward contracts

 

 

9,643 

 

 

 

 

9,643 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Liabilities:

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign exchange forward contracts

 

 

445 

 

 

 

 

445 

 

 

 

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of effect of fair value of derivative instruments on the consolidated balance sheets

 

                                                                                                                                                                                    

 

 

Fair Value of Derivative Assets

 

 

 

At December 31, 2014

 

At December 31, 2015

 

 

 

Balance Sheet Location

 

Fair Value

 

Balance Sheet Location

 

Fair Value

 

 

 

 

 

$

 

 

 

$

 

Foreign exchange forward contracts

 

Derivatives assets—current

 

 

9,643 

 

Derivatives assets—current

 

 

1,924 

 

Interest rate swaption

 

 

 

 

Derivatives assets—current

 

 

4,335 

 

Commodity hedge

 

 

 

 

Derivatives assets—non-current

 

 

2,072 

 

​  

​  

​  

​  

 

 

Total

 

 

9,643 

 

Total

 

 

8,331 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

                                                                                                                                                                                    

 

 

Fair Value of Derivative Liabilities

 

 

 

At December 31, 2014

 

At December 31, 2015

 

 

 

Balance Sheet Location

 

Fair Value

 

Balance Sheet Location

 

Fair Value

 

 

 

 

 

$

 

 

 

$

 

Foreign exchange forward contracts

 

Derivatives liabilities—current

 

 

445 

 

Derivatives liabilities—current

 

 

5,775 

 

Warrants

 

 

 

 

Derivatives liabilities—current

 

 

25,265 

 

Interest rate swap

 

 

 

 

Derivatives liabilities—current

 

 

4,188 

 

Interest rate swap

 

 

 

 

Derivatives liabilities—non-current

 

 

17,358 

 

​  

​  

​  

​  

 

 

Total

 

 

445 

 

Total

 

 

52,586 

 

​  

​  

​  

​  

​  

​  

​  

​  

 

Schedule of effect of derivative instruments on consolidated statements of operations

 

                                                                                                                                                                                    

 

 

 

 

Amount of Gain (Loss)
Recognized in Statements
of Operations

 

 

 

 

 

Years Ended December 31

 

 

 

Location of
Gain (Loss) Recognized
in Statements of Operations

 

 

 

2013

 

2014

 

2015

 

 

 

 

 

$

 

$

 

$

 

Foreign exchange forward contracts

 

Gain(Loss) on change in fair value of derivatives

 

 

10,460

 

 

19,656

 

 

(3,738

)

Foreign exchange option contracts

 

Gain(Loss) on change in fair value of derivatives

 

 

304

 

 

 

 

 

Change in fair value of warrants

 

Gain(Loss) on change in fair value of derivatives

 

 

 

 

 

 

(8,887

)

Commodity hedge

 

Gain(Loss) on change in fair value of derivatives

 

 

 

 

 

 

(7

)

Interest rate swaption

 

Gain(Loss) on change in fair value of derivatives

 

 

 

 

 

 

(107

)

Interest rate swap

 

Gain(Loss) on change in fair value of derivatives

 

 

 

 

 

 

543

 

​  

​  

​  

​  

​  

​  

 

 

Total

 

 

10,764

 

 

19,656

 

 

(12,196

)

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

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​