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Financial Instruments (Tables)
12 Months Ended
Dec. 31, 2018
Derivatives, Fair Value [Line Items]  
Schedule Of Pretax Effect On Net Income (Loss) And Other Comprehensive Income (Loss) Of Derivative Instruments Classified As Cash Flow Hedges
The pretax effect on net income (loss) and other comprehensive income (loss) of derivative instruments classified as cash flow hedges and described in the previous paragraphs for years ended December 31, 2018, 2017, and 2016 is summarized in the tables below:
(In thousands)
Cash Flow Derivative Hedges
 
Aluminum Futures Contracts
Years Ended December 31,
2018
 
2017
 
2016
Amount of pre-tax gain (loss) recognized in other comprehensive income
$
(1,123
)
 
$
1,501

 
$
394

Location of gain (loss) reclassified from accumulated other comprehensive income into net income (effective portion)
Cost of
goods sold

 
Cost of
goods sold

 
Cost of
goods sold

Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion)
$
1,069

 
$
1,210

 
$
(1,630
)

(In thousands)
Cash Flow Derivative Hedges
 
Foreign Currency Forward Contracts
Years Ended December 31,
2018
 
2017
 
2016
Amount of pre-tax gain (loss) recognized in other comprehensive income
$

$
(2,105
)
 
$

$
(561
)
 
$

Location of gain (loss) reclassified from accumulated other comprehensive income into net income (effective portion)
Cost of
goods sold
Selling, general & admin
 
Cost of
goods sold
Selling, general & admin
 
Cost of
goods sold
Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion)
$
62

$
(1,796
)
 
$
62

$
(43
)
 
$
62

Aluminum Futures Contracts  
Derivatives, Fair Value [Line Items]  
Summary Of Location And Fair Value Of Derivative Financial Instruments
The table below summarizes the location and gross amounts of aluminum derivative contract fair values (Level 2) in the consolidated balance sheets as of December 31, 2018 and 2017:
 
December 31, 2018
 
December 31, 2017
(In thousands)
Balance Sheet
Account
 
Fair
Value
 
Balance Sheet
Account
 
Fair
Value
Derivatives Designated as Hedging Instruments
 
 
 
 
 
 
 
Asset derivatives:
Aluminum futures contracts
Prepaid expenses and other
 
$
20

 
Prepaid expenses and other
 
$
578

Liability derivatives:
 
 
 
 
 
 
 

Aluminum futures contracts
Prepaid expenses and other
 
(1,650
)
 
Prepaid expenses and other
 
(16
)
 
 
 
 
 
 
 
 
Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
 
 
Asset derivatives:
Aluminum futures contracts
Prepaid expenses and other
 
$

 
Prepaid expenses and other
 
$

Liability derivatives:
Aluminum futures contracts
Prepaid expenses and other
 

 
Prepaid expenses and other
 

Net asset (liability)
 
 
$
(1,630
)
 
 
 
$
562

Foreign Currency Forward Contracts  
Derivatives, Fair Value [Line Items]  
Summary Of Location And Fair Value Of Derivative Financial Instruments
e table below summarizes the location and gross amounts of foreign currency forward contract fair values (Level 2) in the consolidated balance sheets as of December 31, 2018 and 2017:
 
December 31, 2018
 
December 31, 2017
(In thousands)
Balance Sheet
Account
 
Fair
Value
 
Balance Sheet
Account
 
Fair
Value
Derivatives Designated as Hedging Instruments
 
 
 
 
 
 
 
Asset derivatives:
Foreign currency forward contracts
Prepaid expenses and other
 
$
37

 
Accrued Expenses
 
$

Liability derivatives:
Foreign currency forward contracts
Accrued Expenses
 
(1,090
)
 
Accrued Expenses
 
(558
)
 
 
 
 
 
 
 
 
Derivatives Not Designated as Hedging Instruments
 
 
 
 
 
 
 
Asset derivatives:
Foreign currency forward contracts
Accrued Expenses
 
$

 
Accrued Expenses
 
$

Liability derivatives:
Foreign currency forward contracts
Accrued Expenses
 

 
Accrued Expenses
 

Net asset (liability)
 
 
$
(1,053
)
 
 
 
$
(558
)