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Financial Instruments (Tables) | 12 Months Ended
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Dec. 31, 2022
Summary of Derivative Instruments [Abstract] |
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, 2022 and 2021:
| December 31, 2022 |  | December 31, 2021
(In thousands) | Balance Sheet Account |  | Fair Value |  | Balance Sheet Account |  | Fair Value
Derivatives Designated as Hedging Instruments |  |  |  |  |  |  |
Asset derivatives: Aluminum futures contracts | Prepaid expenses & other |  | $ | 48 |  |  | Prepaid expenses & other |  | $ | 2,085 |
Liability derivatives: Aluminum futures contracts | Accrued expenses |  | (3,260) |  |  | Accrued expenses |  | (119) |
Aluminum futures contracts | Other non-current liabilities |  | (369) |  |  | Other non-current liabilities |  | — |
Net asset (liability) |  |  | $ | (3,581) |  |  |  |  | $ | 1,966 |
Schedule Of Pretax Effect On Net Income (Loss) And Other Comprehensive Income (Loss) Of Derivative Instruments Classified As Cash Flow Hedges | The pre-tax effect on net income (loss) from continuing operations and other comprehensive income (loss) of derivative instruments classified as cash flow hedges and described in the previous paragraphs for years ended December 31, 2022, 2021, and 2020 is summarized in the tables below:
(In thousands) | Cash Flow Derivative Hedges
| Aluminum Futures Contracts
Years Ended December 31, | 2022 |  | 2021 |  | 2020
Amount of pre-tax gain (loss) recognized in other comprehensive income | $ | (4,525) |  |  | $ | 6,215 |  |  | $ | 74 |
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) | $ | 1,022 |  |  | $ | 5,787 |  |  | $ | (2,717) |
(In thousands) | Cash Flow Derivative Hedges
| Foreign Currency Forward Contracts
Years Ended December 31, | 2022 |  | 2021 |  | 2020
Amount of pre-tax gain (loss) recognized in other comprehensive income | $ | — |  | $ | 3,269 |  |  | $ | — |  | $ | (2,415) |  |  | $ | — |  | $ | (4,437) |
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 | Selling, general & admin
Amount of pre-tax gain (loss) reclassified from accumulated other comprehensive income to net income (effective portion) | $ | 61 |  | $ | 1,378 |  |  | $ | 63 |  | $ | (337) |  |  | $ | 62 |  | $ | (6,069) |

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- Definition Tabular disclosure of the effective portion of the gains and losses on derivative instruments designated (and non-derivative instruments) designated and qualifying in cash flow hedges and net investment hedges that was recognized in other comprehensive income (loss) during the current period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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