Quarterly report pursuant to Section 13 or 15(d)

Derivative Instruments (Tables)

v2.4.0.6
Derivative Instruments (Tables)
6 Months Ended
Mar. 30, 2013
Derivative Instruments [Abstract]  
Summary of derivative instruments not designated as hedging instruments

The following table presents the fair value of all derivative instruments outstanding in the condensed consolidated balance sheets (in thousands):

 

                                                 
    March 30, 2013     March 24, 2012     September 29, 2012  
    Other Current
Assets
    Other Current
Liabilities
    Other Current
Assets
    Other Current
Liabilities
    Other Current
Assets
    Other Current
Liabilities
 

Derivatives not designated as hedging instruments:

                                               

Commodity contracts

  $ 0     $ 451     $ 61     $ 26     $ 334     $ 206  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total derivative instruments

  $ 0     $ 451     $ 61     $ 26     $ 334     $ 206  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of derivative instruments not designated as hedging instruments statements of financial performance

The following table presents the effect of derivative instruments recorded in other income (expense) on the condensed consolidated statements of operations (in thousands):

 

                                 
    Three months ended     Six months ended  

Derivatives Not Designated as Hedging Instruments

  March 30,
2013
    March 24,
2012
    March 30,
2013
    March 24,
2012
 

Commodity contracts

  $ 68     $ (10   $ (738   $ (41
   

 

 

   

 

 

   

 

 

   

 

 

 

Total derivative instruments

  $ 68     $ (10   $ (738   $ (41
   

 

 

   

 

 

   

 

 

   

 

 

 
Gross contract notional volume of outstanding derivative contracts

The following table presents the gross contract notional volume of outstanding derivative contracts:

 

                             

Commodity

  Metric   March 30, 2013     March 24, 2012     September 29, 2012  

Corn

  Bushels     915,000       300,000       400,000  

Soy Meal

  Tons     0       1,000       2,000