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FINANCIAL DERIVATIVE INSTRUMENTS (Tables)
6 Months Ended
Jun. 30, 2025
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value
As of June 30, 2025 and December 31, 2024, the fair value carrying amount of the Company’s derivative instruments were recorded as follows (in thousands):
Asset / (Liability) Derivatives
Balance Sheet CaptionJune 30,
2025
December 31,
2024
Derivatives designated as hedging instruments
Commodity swap contractsPrepaid expenses and other$1,952 $163 
Commodity swap contractsAccounts payable and Other accrued liabilities(23)(299)
Total derivatives designated as hedging instruments$1,929 $(136)
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)
The following table summarizes the gain or loss recognized in AOCI as of June 30, 2025 and December 31, 2024 and the amounts reclassified from AOCI into earnings for the three and six months ended June 30, 2025 and 2024 (in thousands):
Amount of (Loss) Gain Recognized in AOCI on Derivatives (Effective Portion, net of tax)Location of Gain (Loss) Reclassified from AOCI into Earnings
(Effective Portion)
Amount of Gain (Loss)
Reclassified from AOCI into Earnings
June 30,
2025
December 31,
2024
Three Months Ended
June 30,
Six Months Ended
June 30,
2025202420252024
Derivatives instruments
Commodity swap contracts$1,450 $(230)Cost of sales$437 $624 $(167)$(124)