Empire Resources (ERS) 10-K 31 Mar 15 2014 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Mar. 23, 2015	Jun. 30, 2014
Document Information [Line Items]
Entity Registrant Name	EMPIRE RESOURCES INC /NEW/
Entity Central Index Key	1019272
Document Type	10-K
Document Period End Date	31-Dec-14
Trading Symbol	ERS
Amendment Flag	FALSE
Current Fiscal Year End Date	-19
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		8,747,523
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2014
Entity Public Float			$18,664,933

Consolidated_Balance_Sheets

Consolidated Balance Sheets (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current assets:
Cash	$1,130	$2,477
Trade accounts receivable (less allowance for doubtful accounts of $562 and $562)	89,693	52,696
Inventories	192,064	139,752
Deferred tax assets	3,911	3,217
Advance to supplier, net of imputed interest of $66 and $176	3,277	3,147
Other current assets, including derivatives	18,605	6,081
Total current assets	308,680	207,370
Advance to supplier, net of imputed interest of $- and $56, and net of current maturities	0	3,287
Preferential supply agreement, net	321	641
Long-term financing costs, net of amortization	1,024	358
Property and equipment, net	4,258	3,949
Deferred tax assets	0	215
Total assets	314,283	215,820
Current liabilities:
Notes payable - banks	201,088	107,922
Current maturities of mortgage payable	0	1,290
Trade accounts payable	42,626	44,058
Income taxes payable	4,190	2,042
Accrued expenses and derivative liabilities	4,137	2,844
Dividends payable	449	215
Total current liabilities	252,490	158,371
Subordinated convertible debt net of unamortized discount of $803 and $1,368 respectively	10,197	10,632
Derivative liability for embedded conversion option	2,734	2,048
Deferred taxes payable	51	0
Total Liabilities	265,472	171,051
Commitments (Note R)
Stockholders' equity:
Common stock $0.01 par value, 20,000,000 shares authorized and 11,749,651 shares issued at December 31, 2014 and December 31, 2013	117	117
Additional paid-in capital	13,678	11,937
Retained earnings	40,805	38,178
Accumulated other comprehensive (loss)/income	-334	51
Treasury stock, 2,843,717 and 3,177,708 shares at December 31, 2014 and December 31, 2013, respectively	-5,455	-5,514
Total stockholders' equity	48,811	44,769
Total liabilities and stockholders' equity	$314,283	$215,820

Consolidated_Balance_Sheets_Pa

Consolidated Balance Sheets [Parenthetical] (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Allowance for doubtful accounts, trade accounts	$562	$562
Imputed interest, advance to supplier amortization amount	66	176
Imputed interest, advance to supplier amortization amount, current	0	56
Unamortized discount, subordinated convertible debt	$803	$1,368
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, authorized (in shares)	20,000,000	20,000,000
Common stock, issued (in shares)	11,749,651	11,749,651
Treasury stock (in shares)	2,843,717	3,177,708

Consolidated_Statements_of_Inc

Consolidated Statements of Income (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Net sales	$582,279	$482,683
Cost of goods sold	555,777	460,944
Gross profit	26,502	21,739
Selling, general and administrative expenses	13,815	13,392
Operating income	12,687	8,347
Interest expense, net	4,351	4,514
Income before other expenses	8,336	3,833
Other expenses
Change in value of derivative liability	-1,113	-52
Loss related to extinguishment of debt converted into common stock	-164	0
Income before income taxes	7,059	3,781
Income taxes	3,325	1,385
Net income	$3,734	$2,396
Weighted average shares outstanding:
Basic (in shares)	8,768	8,583
Diluted (in shares)	9,030	8,852
Earnings per share:
Basic (in dollars per share)	$0.43	$0.28
Diluted (in dollars per share)	$0.41	$0.27

Consolidated_Statements_of_Com

Consolidated Statements of Comprehensive Income (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Net income	$3,734	$2,396
Other comprehensive (loss)/income before tax
Foreign currency translation adjustments	-418	132
Decrease in value of interest rate swap liability	53	57
Reclassification loss on sale of marketable securities	0	32
Other comprehensive (loss)/income before tax	-365	221
Income tax related to components of other comprehensive (loss)/income	-20	-34
Other comprehensive (loss)/income, net of tax	-385	187
Comprehensive income	$3,349	$2,583

Consolidated_Statements_of_Cas

Consolidated Statements of Cash Flows (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Cash flows - operating activities:
Net income	$3,734	$2,396
Adjustments to reconcile net income to net cash (used in)/provided by operating activities:
Depreciation and amortization	598	697
Change in value of derivative liability	1,113	52
Loss related to extinguishment of debt converted into common stock	164	0
Amortization of convertible note discount	481	566
Imputed interest on vendor advance	-177	-293
Provision for doubtful accounts	31	33
Amortization of supply agreement	321	321
Deferred income taxes	-448	-356
Foreign exchange loss/(gain) and other	455	-29
Loss on sale of marketable securities	0	31
Stock-based compensation	630	0
Changes in:
Trade accounts receivable	-37,867	981
Inventories	-53,304	5,969
Other current assets	-12,533	-2,121
Trade accounts payable	-1,421	8,008
Income taxes payable	2,156	-994
Accrued expenses and derivative liabilities	1,409	-1,893
Net cash (used in)/provided by operating activities	-94,658	13,368
Cash flows - investing activities:
Repayment related to supply agreement	3,333	3,333
Net proceeds from sale of marketable securities	0	6
Purchases of property and equipment	-430	-95
Net cash provided by investing activities	2,903	3,244
Cash flows - financing activities:
Proceeds from/(repayment of) notes payable - banks	94,126	-16,361
Repayments - mortgage payable	-1,290	-171
Deferred financing costs	-1,143	-60
Dividends paid	-872	-644
Proceeds from stock options exercised	15	0
Treasury stock purchased	-352	-64
Net cash provided by/(used in) financing activities	90,484	-17,300
Net decrease in cash	-1,271	-688
Effect of exchange rate	-76	29
Cash at beginning of period	2,477	3,136
Cash at end of the period	1,130	2,477
Supplemental disclosures of cash flow information:
Interest	4,520	3,739
Income taxes	3,388	2,553
Non cash financing activities:
Dividend declared but not yet paid	449	215
Treasury stock issued on conversion of subordinated debt	$1,507	$0

Consolidated_Statements_of_Sto

Consolidated Statements of Stockholders' Equity (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income/(Loss) [Member]	Treasury Stock [Member]
In Thousands
Balance at Dec. 31, 2012	$43,109	$117	$11,937	$36,641	($136)	($5,450)
Balance (in shares) at Dec. 31, 2012		11,750
Treasury stock acquired	-64					-64
Treasury stock issued on conversion of subordinated debt	0
Stock based compensation	0
Net change in cumulative translation adjustment	132				132
Decrease in value of interest rate swap liability, net of deferred tax	35				35
Reclassification on loss of sale of marketable securities, net of deferred tax of $12	20				20
Dividends declared	-859			-859
Net income	2,396			2,396
Balance at Dec. 31, 2013	44,769	117	11,937	38,178	51	-5,514
Balance (in shares) at Dec. 31, 2013		11,750
Treasury stock acquired	-352					-352
Treasury stock issued on conversion of subordinated debt	1,507		1,256			251
Stock based compensation	630		475			155
Stock options exercised	15		10			5
Net change in cumulative translation adjustment	-418				-418
Decrease in value of interest rate swap liability, net of deferred tax	33				33
Dividends declared	-1,107			-1,107
Net income	3,734			3,734
Balance at Dec. 31, 2014	$48,811	$117	$13,678	$40,805	($334)	($5,455)
Balance (in shares) at Dec. 31, 2014		11,750

Consolidated_Statements_of_Sto1

Consolidated Statements of Stockholders' Equity [Parenthetical] (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Decrease in value of interest rate swap liability, net of deferred tax	$19	$21
Increase in value of marketable securities, net of deferred tax		$12
Dividends declared	$0.13	$0.10

Business

Business	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation Of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	Note A – Business
	Empire Resources, Inc. (“the Company”) is engaged principally in the purchase, sale and distribution of value added semi-finished aluminum and steel products to a diverse customer base located throughout the Americas, Australia, Europe and New Zealand. The Company sells its products through its own marketing and sales personnel and through independent sales agents located in the U.S., Australia and Europe who receive commissions on sales. The Company purchases from several suppliers located throughout the world (see Note B [14]).

Summary_of_Significant_Account

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

Note B - Summary of Significant Accounting Policies

[1]

Principles of consolidation:

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Empire Resources Pacific Ltd., the Company’s sales agent in Australia, 6900 Quad Avenue LLC, the owner of the warehouse facility in Baltimore, Maryland, Empire Resources de Mexico, the Company’s subsidiary in Mexico, and Imbali Metals BVBA, the Company’s operating subsidiary in Europe. All intercompany balances and transactions have been eliminated on consolidation.

[2]

Revenue recognition:

Revenue on product sales is recognized at the point in time when the product has been shipped or delivered, title and risk of loss has been transferred to the customer, and the following conditions are met: persuasive evidence of an arrangement exists, the price is fixed and determinable, and collectability of the resulting receivable is reasonably assured.

[3]

Accounts receivable and allowance policy:

Accounts receivable are stated as the outstanding balance due from customers, net of an allowance for doubtful accounts. The Company maintains a credit insurance policy with a 10% co-pay provision for most accounts receivable. The Company will provide an allowance for doubtful accounts in the event that it determines there may be probable losses beyond the credit insurance coverage.

[4]

Inventories:

Inventories which consist of purchased semi-finished metal products are stated at the lower of cost or market. Cost is determined by the specific-identification method. Inventory has generally been purchased for specific customer orders. The carrying amount of inventory which is hedged by futures contracts designated as fair value hedges is adjusted to fair value.

[5]

Property and equipment:

Property and equipment are stated at cost and depreciated by the straight-line method over their estimated useful lives. Impaired assets are written down to their fair value.

[6]

Derivatives:

The Company recognizes all derivatives in the balance sheet at fair value. Derivatives that are not hedges are adjusted to fair value through earnings. If the derivative is a hedge, depending upon the nature of the hedge, changes in the fair value of the derivative are either offset against the change in fair value of the hedged assets, liabilities or firm commitments through earnings (fair value hedge), or recognized in other comprehensive income until the hedged item is recognized in earnings (cash flow hedge). The ineffective portion of a derivative’s change in fair value, if any, is immediately recognized in earnings. When a hedged item in a fair value hedge is sold, the adjustment in the carrying amount of the hedged item is recognized in earnings (see Note E).

[7]

Foreign currency translation:

The functional currency of Empire Resources Pacific Ltd., a wholly-owned domestic subsidiary which acts as a sales agent in Australia and New Zealand, is the Australian dollar. The Company also has a wholly owned foreign subsidiary incorporated in Belgium which sells semi-finished metal products in Europe. The functional currency of this subsidiary is the Euro. Cumulative translation adjustments, which are charged or credited to accumulated other comprehensive income, arise from translation of functional currency amounts into U.S. dollars.

[8]

Income taxes:

The Company follows the asset and liability approach for deferred income taxes. This method provides that deferred tax assets and liabilities are recorded, using currently enacted tax rates, based upon the difference between the tax bases of assets and liabilities and their carrying amounts for financial statement purposes.

Deferred tax asset valuation allowances are recorded when management does not believe that it is more likely than not that the related deferred tax assets will be realized.

[9]

Per share data:

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the year. Diluted earnings per share give effect to all dilutive outstanding stock options, using the treasury stock method and assumed conversion of subordinated debt (see Note O).

[10]

Stock - based compensation:

Stock-based compensation expense for an award of equity instruments, including stock options, is recognized over the vesting period based on the fair value of the award at the grant date.

[11]

Newly Effective Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (FASB) issued new accounting guidance, Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. There is no option for early adoption. For public entities, this ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016. We are currently evaluating the impact of the new guidance on our consolidated financial statements.

[12]

Fair Value

Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy consists of three broad levels, as described below:

⋅             Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

⋅             Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

⋅             Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Derivative contracts consisting of aluminum contracts, foreign currency contracts, and interest rate swaps are valued using quoted market prices and significant other observable inputs. These financial instruments are typically exchange-traded and are generally classified within Level 1 or Level 2 of the fair value hierarchy depending on whether the exchange is deemed to be an active market or not. The conversion option embedded in convertible subordinated notes issued in 2011 was valued using Level 3 inputs.

Major categories of assets and liabilities measured at fair value at December 31, 2014 and 2013 are classified as follows:

December 31, 2014

December 31, 2013

Level 1

Level 2

Level 3

Level 1

Level 2

Level 3

Assets:

Inventories

$

165,586

$

106,903

Aluminum futures contracts

9,769

1,047

Foreign currency forward contracts

1,337

316

Liabilities:

Interest rate swap contracts

$

-

$

52

Embedded conversion option

$

2,734

$

2,048

[13]

Use of estimates:

The preparation of financial statements in accordance with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from these estimates.

[14]

Significant customers and concentration of suppliers:

No customer accounted for sales in excess of 10% during 2014 or 2013.

The Company’s purchase of metal products is from several suppliers located throughout the world. Two suppliers, PT. Alumindo and Hulamin Ltd, accounted for 37% of total purchases for the year ended December 31, 2014 as compared to 51% of total purchases during the year ended December 31, 2013. The Company’s loss of any of its largest suppliers or a material default by any such supplier in its obligations to the Company would have at least a short-term material adverse effect on the Company’s business.

Fair_Value_of_Financial_Instru

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2014
Investments, All Other Investments [Abstract]
Financial Instruments Disclosure [Text Block]	Note C – Fair Value of Financial Instruments
	The carrying amounts of variable rate notes payable to the banks and the variable rate mortgage payable approximate fair value as of December 31, 2014 and 2013 because these notes reflect market changes to interest rates. The fair value of the subordinated convertible debt approximates its principal amount of $11,000 at December 31, 2014 and $12,000 at December 31, 2013, which exceeds its carrying amount as a result of the unamortized discount related to the bifurcation of the embedded conversion option. The carrying amount of the advance to supplier approximates its fair value at December 31, 2014 and 2013. Fair value of financial instruments are based on level 2 inputs. Derivative financial instruments are carried at fair value (see Note B [12]).

Property_and_Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment Disclosure [Text Block]	Note D – Property and Equipment
	Property and equipment are summarized as follows:
		December 31,
		2014		2013		Estimated Useful Life
	Cost:
	Land	$	1,180	$	1,180
	Buildings and improvements		3,551		3,165	10 and 40 years
	Other equipment		1,508		1,464	3 to 5 years
			6,239		5,809
	Less: Accumulated depreciation		1,981		1,860
	Net Book Value	$	4,258	$	3,949
	Depreciation expense was $121 and $130 for the years ended December 31, 2014 and 2013, respectively.

Derivative_Financial_Instrumen

Derivative Financial Instruments and Risk Management	12 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Note E – Derivative Financial Instruments and Risk Management
	The Company uses derivative financial instruments designated as fair value hedges to manage its exposure to commodity price risk and foreign currency exchange risk inherent in its operations. It is the Company’s policy to hedge such risks to the extent practicable. The Company enters into high-grade aluminum futures contracts to limit its gross margin exposure by hedging the metal content element of firmly committed purchase and sales commitments. The Company also enters into foreign exchange forward contracts to hedge its exposure related to commitments to buy and sell its products denominated in international currencies, primarily the Australian dollar.
	The Company’s unrealized assets and liabilities in respect of its fair value hedges measured at fair value at December 31, 2014 and 2013 are as follows:
	Derivatives designated		December 31,			December 31,
	as fair value hedges	Balance Sheet Location	2014			2013
	Asset derivatives:
	Aluminum futures contracts	Other current assets	$	9,769			1,047
	Foreign currency forward contracts	Other current assets		1,337			316
	Total		$	11,106		$	1,363
	For the years ended December 31, 2014, and 2013, hedge ineffectiveness associated with derivatives designated as fair value hedges was insignificant, and no fair value hedges were derecognized.
	As discussed in Note G, the Company entered into an interest rate swap to convert a mortgage from a variable rate to a fixed rate obligation. This swap was designated as a cash flow hedge and the Company’s unrealized liabilities relating to the swap measured at fair value at December 31, 2014 and December 31, 2013 as follows:
	Derivatives designated		December 31,			December 31,
	as cash flow hedges	Balance Sheet Location	2014			2013
	Liability derivatives:
	Interest rate swap contracts	Accrued expenses and derivative liabilities	$	-		$	52
	A corresponding debit, net of deferred taxes, is reflected in accumulated other comprehensive loss in the accompanying balance sheet (see Note L).
	The table below summarizes the realized gain or (loss) on the Company’s derivative instruments and their location in the income statement:
					Year Ended
	Derivatives in hedging		Location of Gain or		December 31,
	relationships		(Loss) Recognized		2014			2013
	Foreign currency forward contracts	(a)	Cost of goods sold		$	168		$	-13
	Interest rate swaps	(b)	Interest expense, net			-52			-56
	Aluminum futures	(c)	Cost of goods sold			-3,272			6,975
	Total				$	-3,156		$	6,906
	(a)          Fair value hedge: the related hedged item is accounts receivable and accounts payable denominated in foreign currency and offsetting losses in 2014 and gains in 2013, in the same respective amounts are included in cost of goods sold.
	(b)          Cash flow hedge: recognized loss reclassified from accumulated other comprehensive loss in 2014 and 2013.
	(c)          Fair value hedge: the related hedged item is inventory and offsetting gains in 2014 and losses in 2013, in the same respective amounts are included in cost of goods sold in 2014 and 2013.

Accrued_expenses_and_derivativ

Accrued expenses and derivative liabilities	12 Months Ended
	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities Disclosure [Text Block]	Note F – Accrued expenses and derivative liabilities
	Accrued expenses and derivative liabilities consist of the following:
		December 31,
		2014		2013
	Accrued expenses	$	4,110	$	2,792
	Derivative liabilities		-		52
		$	4,110	$	2,844

Mortgage_Payable

Mortgage Payable	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Mortgage Notes Payable Disclosure [Text Block]	Note G – Mortgage Payable
	In December 2004, the Company entered into a mortgage in connection with the purchase of a warehouse. The mortgage required monthly payments of approximately $21.6 including interest, at LIBOR + 1.75% and matured in December 2014.
	In connection with the mortgage, the Company entered into an interest rate swap with a bank which was designated as a cash flow hedge. Effective 2004 through December 29, 2014, the Company paid a fixed interest rate of 6.37% to the bank on a notional principal equal to the outstanding principal balance of the mortgage. In return, the bank paid the Company a floating rate, namely, LIBOR, to reset monthly plus 1.75% on the same notional principal amount. This interest rate swap expired in December 2014.

Notes_Payable

Notes Payable	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Long-term Debt [Text Block]	Note H - Notes Payable
	Prior to June 19, 2014, we were a party to credit agreement with Rabobank International, for itself and as lead arranger and agent, JPMorgan Chase, for itself and as syndication agent, and ABN AMRO, BNP Paribas, RBS Citizens, Société Générale, and Brown Brothers Harriman which provided for a $200,000 revolving line of credit, including a commitment to issue letters of credit and a swing-line loan sub facility, with a maturity date of June 30, 2014.
	On June 19, 2014 we entered into an amended and restated committed credit agreement with Rabobank International, for itself and as lead arranger and agent, BNP Paribas, for itself and as syndication agent, and Société Générale, ABN AMRO, RB International, and Brown Brothers Harriman as well as a new uncommitted line of credit with Rabobank International, BNP Paribas and Société Générale. Both credit lines are secured, asset-based credit facilities. The committed credit facility provided for amounts up to $150,000, and the uncommitted facility provided for a maximum amount of $75,000. The agreement also allowed for an additional increase in the committed credit facility of $75,000, for a total of $300,000, subject to certain restrictions and conditions. On December 18, 2014, we amended and increased this working capital credit agreement by $50 million increasing our overall line of credit to $275 million. The amended committed credit agreement has been increased by $35 million to $185 million, and the uncommitted credit facility, increased by $15 million to $90 million. There are no changes to the interest rate or to the maturity date of the committed facility, which remains June 19, 2017. Subsequent to these amendments the additional increase available under the term of these agreements is $25,000, subject to certain restrictions and conditions. Our borrowings under this line of credit are secured by substantially all of our assets.
	Amounts borrowed bear interest at Eurodollar, money market or base rates, at our option, plus an applicable margin.   The credit agreements contain financial and other covenants, including but not limited to, covenants requiring maintenance of minimum tangible net working capital and compliance with leverage ratios, as well as an ownership minimum and limitations on other indebtedness, liens, distributions or dividends, and investments and dispositions of assets. The Company is in compliance with all covenants under this credit agreement.
	Both credit agreements provide that amounts under the facilities may be borrowed and repaid, and re-borrowed, subject to a borrowing base test. The committed line of credit matures June 19, 2017 and the uncommitted credit agreement must be repaid by the Company on or before June 19, 2015 unless otherwise agreed to.  As of December 31, 2014 and December 31, 2013, the credit utilized amounted to, respectively, $229,386 and $174,605 (including approximately $36,586 and $71,105 of outstanding letters of credit).
	The Company’s wholly owned Belgian subsidiary, Imbali Metals BVBA, (“Imbali”) operates under a line of credit with ING Belgium S.A./N.V., with a EUR 8,000 ($9,679) commitment for loans and documentary letters of credit. Loan advances are limited to a percentage of Imbali’s pledged accounts receivable and inventory. This secured credit arrangement is unconditionally guaranteed by the Company. As of December 31, 2014, Imbali had borrowings of EUR 6,850($8,288) under this line of credit bearing interest at EURIBOR plus 1.75%, and was in compliance with all financial covenants. As of December 31, 2013, Imbali had borrowings of EUR 3,217($4,422) under this line of credit, bearing interest at EURIBOR plus 1.75%, and was in compliance with all financial covenants.

Convertible_Subordinated_Debt

Convertible Subordinated Debt	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Subordinated Borrowings Disclosure [Text Block]	Note I – Convertible Subordinated Debt
	On June 3, 2011, the Company sold $12,000 principal amount of 10% Convertible Senior Subordinated Notes (the “Notes”) Due June 1, 2016 in a private placement to selected accredited investors.  As of December 31, 2014, the notes are convertible at the option of the holders into shares of common stock at a conversion price of 257.56 shares of common stock per $1 principal amount of notes (equivalent to a conversion price of $3.88 per share of common stock), subject to dilutive adjustment for cash and stock dividends, stock splits and similar transactions, at any time before maturity.  As of December 31, 2013, the notes were convertible at the option of the holders into shares of common stock at a conversion price of 250.62 shares of common stock per $1 principal amount of notes (equivalent to a conversion price of $3.99 per share of common stock), subject to dilutive adjustment for cash and stock dividends, stock splits and similar transactions. The conversion price at December 31, 2014 reflects fifteen adjustments for dividends declared on common stock subsequent to the issuance of the notes through such date.  In addition, if the last reported sale price of the Company’s common stock for 30 consecutive trading days is equal to or greater than $7.00, and a registration statement is effective covering the resale of the shares of common stock issuable upon conversion of the notes, the Company has the right, in its sole discretion, to require the holders to convert all or part of their notes at the then applicable conversion rate.  Interest on the notes is payable in arrears on the first day of June and December every year the notes are outstanding. The note contains covenants, including restrictions on the Company’s ability to incur certain indebtedness and create certain liens. Officers and directors of the Company and certain affiliated entities purchased $4,000 principal amount of the notes.
	On August 18, 2014, a note holder converted $1,000 principal amount of notes into 254 shares of common stock, having a fair value on such date of $1,507. The carrying value of the note converted was $916, and the carrying value of the related embedded conversion option was $427 resulting in a loss on extinguishment of the debt of $164.
	The majority of proceeds of the convertible subordinated debt was earmarked for a long term advance in connection with a supply agreement with the Indonesian company PT. Alumindo Light Metal Industry Tbk, (PT. Alumindo) a leading producer of high quality semi-finished aluminum products, and its affiliates, as described below.  The agreement called for, and the Company provided a $10,000 non-interest bearing loan to an affiliate of PT. Alumindo to enable the expansion of capacity within that group of companies’ production network.  The agreements also provide for a long term, multi-year substantial and preferential supply position from PT. Alumindo's premier aluminum rolling mill located in Surabaya, Indonesia.   The loan is being repaid to the Company beginning on January 1, 2013 in monthly installments of $278. If the Company and PT. Alumindo are unable to agree on a product price under the supply agreement for any given quarter, the monthly re-payment obligation will increase to $556 and the outstanding balance will accrue interest, at the one month U.S. dollar LIBOR rate plus 3.5% per annum, per month. The entire remaining balance, if any, must be repaid on January 1, 2016. The specific parties to the agreement, PT. Alumindo, Southern Aluminum Industry and Fung Lam Trading Company, are related parties controlled by the Maspion Group - Indonesia.  The Fung Lam Trading Company Ltd, which is wholly owned by the Maspion Group, is a holding company for the group’s investments in China, including 70% ownership of Southern Aluminum Industry. The loan was made to Fung Lam Trading Company Ltd at the request of Maspion Group – Indonesia. The purpose of the loan was to allow the Maspion Group - Indonesia to increase their overall production capacity, specifically for regional markets and for distribution in China. As consideration for this loan the Maspion Group - Indonesia agreed to make available a committed and significant tonnage of production to the Company on a guaranteed and long-term basis, which will help the Company lessen the risk of an interruption in the sources of its metal supply, from PT. Alumindo’s mill in Surabaya, Indonesia, with which the Company has had substantial experience. The supply agreement calls for increased supply and minimum tonnages.
	Interest at the rate of 3.69%, based on the interest rate chargeable in the agreement in the event the supplier does not meet its supply commitments, has been imputed on the non-interest bearing advance and the resulting discount which amounted to $962, has been ascribed to the preferential supply agreement.  Imputed interest income is being recognized over the term of the advance by use of the interest method and amounted to $177 and $293 during 2014 and 2013 respectively, and is included in interest expense, net. The preferential supply agreement is being amortized by the straight line method over three years starting from January 1, 2013, the date that the increased supply began.  Amortization expense for each of the years 2014 and 2013 amounted to $321.
	As a result of transactions which cause adjustments to the conversion rate, the embedded conversion option has been bifurcated and recorded as a separate derivative liability at a fair value at issuance of the notes of $2,829, with a corresponding discount recorded on the notes. The derivative liability is carried at fair value with changes therein recorded in income. The quarterly mark to market of the derivative liability will result in non-operating, non-cash gains or losses based on decreases or increases in the Company’s stock market price, respectively, among other factors. The non-cash discount is being amortized as additional interest expense over the term of the notes. During the years ended December 31, 2014 and December 31, 2013, the change in the fair value of the derivative liability resulted in a loss of $1,113 and $52, respectively, and amortization of the discount amounted to $481 and  $565 in the years ended December 31, 2014 and 2013, respectively.
	The derivative liability was valued using a lattice model using Level 3 inputs. This technique was selected because it embodies all of the types of inputs that the Company expects market participants would consider in determining the fair value of equity linked derivatives embedded in hybrid debt agreements.
	The following table summarizes the significant inputs resulting from the calculations at issuance and year end:
		December 31, 2014			December 31, 2013			June 3, 2011
	Equity value	$	41,738		$	30,708		$	36,811
	Volatility		35	%		45	%		70	%
	Risk free return		0.67	%		0.38	%		1.6	%
	Dividend yield		2.15	%		2.79	%		2.51	%
	Strike price	$	3.88		$	3.99		$	4.65

Stock_Options

Stock Options	12 Months Ended
	Dec. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	Note J - Stock Options
	The Company’s 2006 Stock Option Plan (the “2006 Plan”), as amended, provides for the granting of options to purchase not more than an aggregate of 559,000 shares of common stock. Under the 2006 Plan, all canceled or terminated options are available for grants. All officers, directors and employees of the Company and other persons who perform services for the Company are eligible to participate in the 2006 Plan. Some or all of the options may be “incentive stock options” within the meaning of the Internal Revenue Code of 1986, as amended.
	The 2006 Plan provides that it is to be administered by the Board of Directors, or by a committee appointed by the Board, which will be responsible for determining, subject to the provisions of the 2006 Plan, to whom the options are granted, the number of shares of common stock subject to an option, whether an option shall be incentive or non-qualified, the exercise price of each option (which, other than in the case of incentive stock options, may be less than the fair market value of the shares on the date of grant), the period during which each option may be exercised and the other terms and conditions of each option. No options may be granted under the 2006 Plan after June 26, 2016.
	The following is a summary of stock option activity for the years ended December 31, 2014 and 2013:
		Number of		Weighted		Weighted		Aggregate
		Shares		Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		contractual
						term
						(years)
	Options outstanding and exercisable at December 31, 2012		414,000	$	1.53		7.48	$	532,060
	Options canceled		-4,000	$	1.87
	Options outstanding and exercisable at December 31, 2013		410,000	$	1.52		5.55	$	843,800
	Options canceled		-6,000	$	3.64
	Options exercised		-4,000	$	3.64
	Options outstanding and exercisable at December 31, 2014		400,000	$	1.48		4.73	$	1,257,960
	Options available for grant under 2006 Plan at December 31, 2014		421,000
	During 2014 and 2013, there were no stock option grants. As of December 31, 2014 and 2013, there was no unrecognized compensation expense, as all options had vested by December 31, 2009.

TREASURY_STOCK

TREASURY STOCK	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Treasury Stock [Text Block]	Note K - Treasury Stock
	On July 22, 2008, the Board of Directors authorized the Company to repurchase up to 2,000 shares of its common stock. As of December 31, 2014, the Company repurchased a total of 1,338 shares under the repurchase program for an aggregate cost of $3,638. During the year ended December 31, 2014, the Company purchased 74 common shares at a cost of $352. In January 2014 and August 2014, the Company issued a total of 150 common shares out of treasury stock to a non-executive employee as part of a compensation arrangement and in August 2014 issued 254 common shares out of treasury stock on conversion of debt. In addition, in June 2014 the Company issued 4 shares out of treasury stock in connection with the exercise of stock options by employees.
	During 2013, the Company purchased 19 common shares under the program at a cost of $64.

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)	12 Months Ended
	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Comprehensive Income (Loss) Note [Text Block]	Note L – Accumulated other comprehensive income/(Loss)
	Changes in accumulated other comprehensive income/(loss) for the years ended December 31, 2014 and December 31, 2013, on an after tax basis is as follows:
	Year ended December 31, 2014	Foreign		Interest			Available		Total
		Currency		Rate Swap			for Sale
		Translation		Contract			Marketable
							Securities
	Beginning balance	$	84	$	-33			-	$	51
	Other comprehensive (loss) before reclassification		-418							-418
	Loss reclassified to operations		-		33	(a)		-		33
	Net current period other comprehensive (loss)/ income		-418		33			-		-385
	Ending balance	$	-334	$	-		$	-	$	-334
	(a) Reclassified to following line items in the statement of income:
	Interest expense, net			$	52
	Income taxes				-19
	Net of tax			$	33
	Year ended December 31, 2013	Foreign		Interest			Available		Total
		Currency		Rate Swap			for Sale
		Translation		Contract			Marketable
							Securities
	Beginning balance	$	-48	$	-68		$	-20	$	-136
	Other comprehensive income before reclassification		132		-			-		132
	Loss reclassified to operations		-		35	(a)		20		55
	Net current period other comprehensive income		132		35			20		187
	Ending balance	$	84	$	-33		$	-	$	51
	(a) Reclassified to following line items in the statement of income:
	Interest expense, net			$	56		$	32
	Income taxes				-21			-12
	Net of tax			$	35		$	20

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Text Block]	Note M - Income Taxes
	The components of income before income taxes were as follows:
			Year Ended December 31,
			2014		2013
	U.S.		$	5,837	$	3,575
	Foreign			1,222		206
			$	7,059	$	3,781
	Income tax expense (benefit) consists of the following:
			Year Ended December 31,
			2014		2013
	Current
	U.S. Federal		$	3,039	$	1,400
	State and local			416		288
	Foreign			318		53
				3,773		1,741
	Deferred
	U.S. Federal			-399		-289
	State and local			-49		-67
	Foreign			-		-
				-448		-356
			$	3,325	$	1,385
	The U.S. statutory rate can be reconciled to the effective tax rate as follows:
			Year Ended December 31,
			2014		2013
	Provision for taxes at statutory rate of 34%		$	2,400	$	1,286
	State and local taxes, net of federal tax effect			242		157
	Permanent differences			854		46
	Reversal of overaccrual of prior year unrecognized tax benefits			-79		-81
	Other			-92		-23
			$	3,325	$	1,385
	Deferred tax assets and liabilities are composed of the following:
			December 31,
			2014		2013
	Deferred current tax assets
	Allowance for doubtful accounts		$	215	$	215
	Accrued expenses			72		73
	Inventories			3,544		2,829
	Stock Options			80		80
	Derivative contracts			0		20
	Net deferred current tax assets			3,911		3,217
	Deferred long-term tax assets
	Derivative liability for embedded conversion option			306		781
				306		781
	Deferred long-term tax liabilities
	Property and Equipment			-51		-45
	Unamortized debt discount			-306		-521
				-357		-566
	Net deferred long-term tax assets /(liabilities)			-51		215
	Net deferred tax assets		$	3,860	$	3,432
	Foreign income and related foreign income taxes primarily relates to the Company’s subsidiary companies Imbali, its Belgian subsidiary and Empire Resources de Mexico. For US income tax purposes, the Company has elected to treat Imbali as a disregarded entity and include its taxable income in the Company’s consolidated federal income tax return and separate state income tax returns. Empire Resources de Mexico is taxed as a corporation in Mexico. Due to U.S. tax rules dealing with constructive repatriation of earnings, such earnings are also currently included in the Company’s consolidated federal income tax return and separate state income tax return.  Federal income taxes attributable to the subsidiaries taxable income are offset by tax credits for foreign taxes paid by the subsidiaries. Undistributed earnings of Imbali amounted to approximately $3,531 while those of Empire Resources de Mexico were approximately $506 at December 31, 2014. Upon distribution of Imbali’s earnings in the form of dividends, the Company would be required to pay Belgian withholding tax at the rate of 5%. As the Company intends to indefinitely reinvest such earnings, no provision for such withholding tax has been provided. Mexico does not have a withholding tax on dividends paid from Mexican corporations. For federal income tax purposes, foreign tax credits would be available to the Company for the withholding tax, subject to limitations.
	The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement.
	A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2014 and 2013 is as follows:
			2014		2013
	Balance at January 1		$	249	$	329
	Reductions from settlements			0		-81
	Reductions from lapse of statute of limitations			-69		0
	Settlements			0		-294
	Net (decrease)/increase for tax positions of prior years			-10		295
	Balance at December 31	(a)	$	170	$	249
	(a)Liability included in income taxes payable in the consolidated balance sheets.
	The total amount of unrecognized tax benefits at December 31, 2014 and 2013 would impact the Company’s effective tax rate, if recognized. During 2014 the Company reversed $79 of the liability principally due to the expiration of the statute of limitations and reduced income tax expense. During 2013, upon settlement of a tax assessment with the State of California covering the years 2007 through 2012, the Company reversed $81 of the liability for unrecognized tax benefits and reduced income tax expense. The Company recognizes interest accrued related to unrecognized tax benefits in interest expense and penalties in operating expenses. The Company reversed approximately $41 and $148 of accrued interest related to unrecognized tax benefits in the years ended December 31, 2014 and 2013 as the result of the reduction in unrecognized benefits and the California settlement, respectively. Interest related to unrecognized tax benefits accrued in the Company’s balance sheet at December 31, 2014 and 2013 amounted to approximately $66 and $107, respectively.
	The Company files a consolidated federal income tax return and also files income tax returns in various state jurisdictions. With certain exceptions, the Company is no longer subject to U.S. federal, state or local income tax examinations by taxing authorities for years before 2011.

Employee_Retirement_Benefits

Employee Retirement Benefits	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Pension and Other Postretirement Benefits Disclosure [Text Block]	Note N - Employee Retirement Benefits
	The Company has implemented a salary reduction employee benefit plan, under Section 401(k) of the Internal Revenue Code. Employees may contribute up to the maximum amount allowable by law and the Company will provide a matching contribution of 50% of employee contributions, limited to 2% of employee compensation. The plan covers all employees who have attained age 18, and most of the eligible employees have elected to participate.
	Each employee’s pre-tax contributions are immediately vested upon participation in the plan. The employees’ vesting of the Company’s matching contribution is based upon length of service as follows:
	Years of service	Vested
	1		25	%
	2		50	%
	3		75	%
	4		100	%
	Employees who terminate prior to 100% vesting forfeit their non-vested portion of the Company’s matching contribution, and those funds are used to reduce future matching contributions. Employees in active service on the effective date of the plan were granted retroactive service credit for the purpose of determining their vested percentage. Company matching contributions amounted to $75 in 2014 and $82 in 2013.

Per_Share_Data

Per Share Data	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	Note O – Per Share Data
	The following is the reconciliation of the numerators and denominators of the basic and diluted earnings per share:
		Year Ended December 31,
		2014		2013
	Numerator:
	Net income	$	3,734	$	2,396
	Numerator for diluted earnings per share	$	3,734	$	2,396
	Denominator:
	Weighted average shares outstanding-basic		8,768		8,583
	Dilutive effect of convertible subordinated debt
	Dilutive effect of stock options		262		269
	Weighted average shares outstanding-diluted		9,030		8,852
	Basic Earnings per Share	$	0.43	$	0.28
	Diluted Earnings per Share	$	0.41	$	0.27
	In computing diluted earnings per share for the years ended December 31, 2014 and 2013, no effect has been given to the 2,833 and 3,007 common shares issuable upon conversion of subordinated debt as the effect is anti-dilutive.

Dividends

Dividends	12 Months Ended
	Dec. 31, 2014
Equity [Abstract]
Dividend Disclosure [Text Block]	Note P – Dividends
	On December 12, 2014 our Board of Directors announced a regular cash dividend of $0.025 and a special dividend of $0.025 to stockholders of record at the close of business on December 31, 2014. The dividend totaling $449 was paid on January 14, 2015. On September 19, 2014, our Board of Directors announced a cash dividend of $0.025 per share to stockholders of record at the close of business on September 30, 2014. The dividend totaling $224 was paid on October 15, 2014. On June 18, 2014, our Board of Directors announced a cash dividend of $0.025 per share to stockholders of record at the close of business on July 7, 2014. The dividend totaling $217 was paid on July 18, 2014. On March 25, 2014, our Board of Directors announced a cash dividend of $0.025 per share to stockholders of record at the close of business on April 7, 2014. The dividend, totaling $217, was paid on April 14, 2014.
	The Board of Directors will review its dividend policy on a quarterly basis, and make a determination subject to the profitability and free cash flow and the other requirements of the business.

Business_Segment_and_Geographi

Business Segment and Geographic Area Information	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	Note Q – Business Segment and Geographic Area Information
	The Company’s only business segment is the sale and distribution of non-ferrous and ferrous metals. Sales are attributed to countries based on location of customer. Sales to domestic and foreign customers were as follows:
		Year Ended December 31,
		2014		2013
	United States	$	350,510	$	311,127
	Latin America		103,294		66,126
	Canada		46,048		48,394
	Australia & New Zealand		42,750		38,698
	Europe		39,677		18,338
		$	582,279	$	482,683

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	Note R - Commitments and Contingencies
		[1]	Lease:
	The Company currently leases office facilities under a lease expiring April 30, 2015. On November 20, 2014 the Company entered into a new ten year lease  for its corporate headquarters effective May 2015. The minimum non-cancelable scheduled rentals under this lease are as follows:
	Year Ending December 31,
	2015			313
	2016			321
	2017			328
	2018			336
	2019			343
	Thereafter			1829
			$	3,470
	Rent expense for the years ended December 31, 2014 and 2013 was $306 and $302, respectively.
		[2]	Letters of credit:
	Outstanding letters of credit at December 31, 2014, amounted to approximately $36,586 all of which expire prior to April 30, 2015. Outstanding letters of credit at December 31, 2013 amounted to approximately $71,105.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2014

Accounting Policies [Abstract]

Consolidation, Policy [Policy Text Block]

[1]

Principles of consolidation:

The consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries, Empire Resources Pacific Ltd., the Company’s sales agent in Australia, 6900 Quad Avenue LLC, the owner of the warehouse facility in Baltimore, Maryland, Empire Resources de Mexico, the Company’s subsidiary in Mexico, and Imbali Metals BVBA, the Company’s operating subsidiary in Europe. All intercompany balances and transactions have been eliminated on consolidation.

Revenue Recognition, Policy [Policy Text Block]

[2]

Revenue recognition:

Revenue on product sales is recognized at the point in time when the product has been shipped or delivered, title and risk of loss has been transferred to the customer, and the following conditions are met: persuasive evidence of an arrangement exists, the price is fixed and determinable, and collectability of the resulting receivable is reasonably assured.

Accounts Receivable And Allowance, Policy [Policy Text Block]

[3]

Accounts receivable and allowance policy:

Accounts receivable are stated as the outstanding balance due from customers, net of an allowance for doubtful accounts. The Company maintains a credit insurance policy with a 10% co-pay provision for most accounts receivable. The Company will provide an allowance for doubtful accounts in the event that it determines there may be probable losses beyond the credit insurance coverage.

Inventory, Policy [Policy Text Block]

[4]

Inventories:

Inventories which consist of purchased semi-finished metal products are stated at the lower of cost or market. Cost is determined by the specific-identification method. Inventory has generally been purchased for specific customer orders. The carrying amount of inventory which is hedged by futures contracts designated as fair value hedges is adjusted to fair value.

Property, Plant and Equipment, Policy [Policy Text Block]

[5]

Property and equipment:

Property and equipment are stated at cost and depreciated by the straight-line method over their estimated useful lives. Impaired assets are written down to their fair value.

Derivatives, Policy [Policy Text Block]

[6]

Derivatives:

The Company recognizes all derivatives in the balance sheet at fair value. Derivatives that are not hedges are adjusted to fair value through earnings. If the derivative is a hedge, depending upon the nature of the hedge, changes in the fair value of the derivative are either offset against the change in fair value of the hedged assets, liabilities or firm commitments through earnings (fair value hedge), or recognized in other comprehensive income until the hedged item is recognized in earnings (cash flow hedge). The ineffective portion of a derivative’s change in fair value, if any, is immediately recognized in earnings. When a hedged item in a fair value hedge is sold, the adjustment in the carrying amount of the hedged item is recognized in earnings (see Note E).

Foreign Currency Transactions and Translations Policy [Policy Text Block]

[7]

Foreign currency translation:

The functional currency of Empire Resources Pacific Ltd., a wholly-owned domestic subsidiary which acts as a sales agent in Australia and New Zealand, is the Australian dollar. The Company also has a wholly owned foreign subsidiary incorporated in Belgium which sells semi-finished metal products in Europe. The functional currency of this subsidiary is the Euro. Cumulative translation adjustments, which are charged or credited to accumulated other comprehensive income, arise from translation of functional currency amounts into U.S. dollars.

Income Tax, Policy [Policy Text Block]

[8]

Income taxes:

The Company follows the asset and liability approach for deferred income taxes. This method provides that deferred tax assets and liabilities are recorded, using currently enacted tax rates, based upon the difference between the tax bases of assets and liabilities and their carrying amounts for financial statement purposes.

Deferred tax asset valuation allowances are recorded when management does not believe that it is more likely than not that the related deferred tax assets will be realized.

Earnings Per Share, Policy [Policy Text Block]

[9]

Per share data:

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the year. Diluted earnings per share give effect to all dilutive outstanding stock options, using the treasury stock method and assumed conversion of subordinated debt (see Note O).

Compensation Related Costs, Policy [Policy Text Block]

[10]

Stock - based compensation:

Stock-based compensation expense for an award of equity instruments, including stock options, is recognized over the vesting period based on the fair value of the award at the grant date.

New Accounting Pronouncements, Policy [Policy Text Block]

[11]

Newly Effective Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (FASB) issued new accounting guidance, Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. There is no option for early adoption. For public entities, this ASU is effective for fiscal years and interim periods within those years beginning after December 15, 2016. We are currently evaluating the impact of the new guidance on our consolidated financial statements.

Fair Value Measurement, Policy [Policy Text Block]

[12]

Fair Value

Authoritative guidance defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy consists of three broad levels, as described below:

⋅             Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

⋅             Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

⋅             Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

Derivative contracts consisting of aluminum contracts, foreign currency contracts, and interest rate swaps are valued using quoted market prices and significant other observable inputs. These financial instruments are typically exchange-traded and are generally classified within Level 1 or Level 2 of the fair value hierarchy depending on whether the exchange is deemed to be an active market or not. The conversion option embedded in convertible subordinated notes issued in 2011 was valued using Level 3 inputs.

Major categories of assets and liabilities measured at fair value at December 31, 2014 and 2013 are classified as follows:

December 31, 2014

December 31, 2013

Level 1

Level 2

Level 3

Level 1

Level 2

Level 3

Assets:

Inventories

$

165,586

$

106,903

Aluminum futures contracts

9,769

1,047

Foreign currency forward contracts

1,337

316

Liabilities:

Interest rate swap contracts

$

-

$

52

Embedded conversion option

$

2,734

$

2,048

Use of Estimates, Policy [Policy Text Block]

[13]

Use of estimates:

The preparation of financial statements in accordance with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from these estimates.

Major Customers, Policy [Policy Text Block]

[14]

Significant customers and concentration of suppliers:

No customer accounted for sales in excess of 10% during 2014 or 2013.

The Company’s purchase of metal products is from several suppliers located throughout the world. Two suppliers, PT. Alumindo and Hulamin Ltd, accounted for 37% of total purchases for the year ended December 31, 2014 as compared to 51% of total purchases during the year ended December 31, 2013. The Company’s loss of any of its largest suppliers or a material default by any such supplier in its obligations to the Company would have at least a short-term material adverse effect on the Company’s business.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	Major categories of assets and liabilities measured at fair value at December 31, 2014 and 2013 are classified as follows:
				December 31, 2014						December 31, 2013
		Level 1		Level 2		Level 3		Level 1		Level 2		Level 3
	Assets:
	Inventories	$	165,586					$	106,903
	Aluminum futures contracts		9,769						1,047
	Foreign currency forward contracts		1,337						316
	Liabilities:
	Interest rate swap contracts			$	-					$	52
	Embedded conversion option					$	2,734					$	2,048

Property_and_Equipment_Tables

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	Property and equipment are summarized as follows:
		December 31,
		2014		2013		Estimated Useful Life
	Cost:
	Land	$	1,180	$	1,180
	Buildings and improvements		3,551		3,165	10 and 40 years
	Other equipment		1,508		1,464	3 to 5 years
			6,239		5,809
	Less: Accumulated depreciation		1,981		1,860
	Net Book Value	$	4,258	$	3,949

Derivative_Financial_Instrumen1

Derivative Financial Instruments and Risk Management (Tables)	12 Months Ended
	Dec. 31, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]	The Company’s unrealized assets and liabilities in respect of its fair value hedges measured at fair value at December 31, 2014 and 2013 are as follows:
	Derivatives designated		December 31,			December 31,
	as fair value hedges	Balance Sheet Location	2014			2013
	Asset derivatives:
	Aluminum futures contracts	Other current assets	$	9,769			1,047
	Foreign currency forward contracts	Other current assets		1,337			316
	Total		$	11,106		$	1,363
Schedule Of Derivatives Designated As Fair Value Hedges [Table Text Block]	As discussed in Note G, the Company entered into an interest rate swap to convert a mortgage from a variable rate to a fixed rate obligation. This swap was designated as a cash flow hedge and the Company’s unrealized liabilities relating to the swap measured at fair value at December 31, 2014 and December 31, 2013 as follows:
	Derivatives designated		December 31,			December 31,
	as cash flow hedges	Balance Sheet Location	2014			2013
	Liability derivatives:
	Interest rate swap contracts	Accrued expenses and derivative liabilities	$	-		$	52
Schedule Of Derivatives Designated As Cash Flow Hedges [Table Text Block]	The table below summarizes the realized gain or (loss) on the Company’s derivative instruments and their location in the income statement:
					Year Ended
	Derivatives in hedging		Location of Gain or		December 31,
	relationships		(Loss) Recognized		2014			2013
	Foreign currency forward contracts	(a)	Cost of goods sold		$	168		$	-13
	Interest rate swaps	(b)	Interest expense, net			-52			-56
	Aluminum futures	(c)	Cost of goods sold			-3,272			6,975
	Total				$	-3,156		$	6,906
	(a)          Fair value hedge: the related hedged item is accounts receivable and accounts payable denominated in foreign currency and offsetting losses in 2014 and gains in 2013, in the same respective amounts are included in cost of goods sold.
	(b)          Cash flow hedge: recognized loss reclassified from accumulated other comprehensive loss in 2014 and 2013.
	(c)          Fair value hedge: the related hedged item is inventory and offsetting gains in 2014 and losses in 2013, in the same respective amounts are included in cost of goods sold in 2014 and 2013.

Accrued_expenses_and_derivativ1

Accrued expenses and derivative liabilities (Tables)	12 Months Ended
	Dec. 31, 2014
Accounts Payable and Accrued Liabilities [Abstract]
Schedule Of Accrued Expenses And Derivative Liabilities Text Block [Table Text Block]	Accrued expenses and derivative liabilities consist of the following:
		December 31,
		2014		2013
	Accrued expenses	$	4,110	$	2,792
	Derivative liabilities		-		52
		$	4,110	$	2,844

Convertible_Subordinated_Debt_

Convertible Subordinated Debt (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following table summarizes the significant inputs resulting from the calculations at issuance and year end:
		December 31, 2014			December 31, 2013			June 3, 2011
	Equity value	$	41,738		$	30,708		$	36,811
	Volatility		35	%		45	%		70	%
	Risk free return		0.67	%		0.38	%		1.6	%
	Dividend yield		2.15	%		2.79	%		2.51	%
	Strike price	$	3.88		$	3.99		$	4.65

Stock_Options_Tables

Stock Options (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure Of Compensation Related Costs, Share-Based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]	The following is a summary of stock option activity for the years ended December 31, 2014 and 2013:
		Number of		Weighted		Weighted		Aggregate
		Shares		Average		Average		Intrinsic
				Exercise		Remaining		Value
				Price		contractual
						term
						(years)
	Options outstanding and exercisable at December 31, 2012		414,000	$	1.53		7.48	$	532,060
	Options canceled		-4,000	$	1.87
	Options outstanding and exercisable at December 31, 2013		410,000	$	1.52		5.55	$	843,800
	Options canceled		-6,000	$	3.64
	Options exercised		-4,000	$	3.64
	Options outstanding and exercisable at December 31, 2014		400,000	$	1.48		4.73	$	1,257,960
	Options available for grant under 2006 Plan at December 31, 2014		421,000

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Tables)	12 Months Ended
	Dec. 31, 2014
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Changes in accumulated other comprehensive income/(loss) for the years ended December 31, 2014 and December 31, 2013, on an after tax basis is as follows:
	Year ended December 31, 2014	Foreign		Interest			Available		Total
		Currency		Rate Swap			for Sale
		Translation		Contract			Marketable
							Securities
	Beginning balance	$	84	$	-33			-	$	51
	Other comprehensive (loss) before reclassification		-418							-418
	Loss reclassified to operations		-		33	(a)		-		33
	Net current period other comprehensive (loss)/ income		-418		33			-		-385
	Ending balance	$	-334	$	-		$	-	$	-334
	(a) Reclassified to following line items in the statement of income:
	Interest expense, net			$	52
	Income taxes				-19
	Net of tax			$	33
	Year ended December 31, 2013	Foreign		Interest			Available		Total
		Currency		Rate Swap			for Sale
		Translation		Contract			Marketable
							Securities
	Beginning balance	$	-48	$	-68		$	-20	$	-136
	Other comprehensive income before reclassification		132		-			-		132
	Loss reclassified to operations		-		35	(a)		20		55
	Net current period other comprehensive income		132		35			20		187
	Ending balance	$	84	$	-33		$	-	$	51
	(a) Reclassified to following line items in the statement of income:
	Interest expense, net			$	56		$	32
	Income taxes				-21			-12
	Net of tax			$	35		$	20

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]	The components of income before income taxes were as follows:
			Year Ended December 31,
			2014		2013
	U.S.		$	5,837	$	3,575
	Foreign			1,222		206
			$	7,059	$	3,781
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Income tax expense (benefit) consists of the following:
			Year Ended December 31,
			2014		2013
	Current
	U.S. Federal		$	3,039	$	1,400
	State and local			416		288
	Foreign			318		53
				3,773		1,741
	Deferred
	U.S. Federal			-399		-289
	State and local			-49		-67
	Foreign			-		-
				-448		-356
			$	3,325	$	1,385
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The U.S. statutory rate can be reconciled to the effective tax rate as follows:
			Year Ended December 31,
			2014		2013
	Provision for taxes at statutory rate of 34%		$	2,400	$	1,286
	State and local taxes, net of federal tax effect			242		157
	Permanent differences			854		46
	Reversal of overaccrual of prior year unrecognized tax benefits			-79		-81
	Other			-92		-23
			$	3,325	$	1,385
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	Deferred tax assets and liabilities are composed of the following:
			December 31,
			2014		2013
	Deferred current tax assets
	Allowance for doubtful accounts		$	215	$	215
	Accrued expenses			72		73
	Inventories			3,544		2,829
	Stock Options			80		80
	Derivative contracts			0		20
	Net deferred current tax assets			3,911		3,217
	Deferred long-term tax assets
	Derivative liability for embedded conversion option			306		781
				306		781
	Deferred long-term tax liabilities
	Property and Equipment			-51		-45
	Unamortized debt discount			-306		-521
				-357		-566
	Net deferred long-term tax assets /(liabilities)			-51		215
	Net deferred tax assets		$	3,860	$	3,432
Schedule of Unrecognized Tax Benefits Roll Forward [Table Text Block]	A reconciliation of the beginning and ending amounts of unrecognized tax benefits for the years ended December 31, 2014 and 2013 is as follows:
			2014		2013
	Balance at January 1		$	249	$	329
	Reductions from settlements			0		-81
	Reductions from lapse of statute of limitations			-69		0
	Settlements			0		-294
	Net (decrease)/increase for tax positions of prior years			-10		295
	Balance at December 31	(a)	$	170	$	249
	(a)Liability included in income taxes payable in the consolidated balance sheets.

Employee_Retirement_Benefits_T

Employee Retirement Benefits (Tables)	12 Months Ended
	Dec. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Schedule Of Defined Contribution Plan Matching Contribution Vested Based On Length Of Service [Table Text Block]	The employees’ vesting of the Company’s matching contribution is based upon length of service as follows:
	Years of service	Vested
	1		25	%
	2		50	%
	3		75	%
	4		100	%

Per_Share_Data_Tables

Per Share Data (Tables)	12 Months Ended
	Dec. 31, 2014
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	The following is the reconciliation of the numerators and denominators of the basic and diluted earnings per share:
		Year Ended December 31,
		2014		2013
	Numerator:
	Net income	$	3,734	$	2,396
	Numerator for diluted earnings per share	$	3,734	$	2,396
	Denominator:
	Weighted average shares outstanding-basic		8,768		8,583
	Dilutive effect of convertible subordinated debt
	Dilutive effect of stock options		262		269
	Weighted average shares outstanding-diluted		9,030		8,852
	Basic Earnings per Share	$	0.43	$	0.28
	Diluted Earnings per Share	$	0.41	$	0.27

Business_Segment_and_Geographi1

Business Segment and Geographic Area Information (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Sales to domestic and foreign customers were as follows:
		Year Ended December 31,
		2014		2013
	United States	$	350,510	$	311,127
	Latin America		103,294		66,126
	Canada		46,048		48,394
	Australia & New Zealand		42,750		38,698
	Europe		39,677		18,338
		$	582,279	$	482,683

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	The minimum non-cancelable scheduled rentals under this lease are as follows:
	Year Ending December 31,
	2015		313
	2016		321
	2017		328
	2018		336
	2019		343
	Thereafter		1829
		$	3,470

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value, Inputs, Level 1 [Member] | Inventories [Member]
Assets, Fair Value Disclosure	$165,586	$106,903
Fair Value, Inputs, Level 1 [Member] | Foreign currency forward contracts [Member]
Assets, Fair Value Disclosure	1,337	316
Fair Value, Inputs, Level 1 [Member] | Aluminum futures contracts [Member]
Assets, Fair Value Disclosure	9,769	1,047
Fair Value, Inputs, Level 2 [Member] | Interest rate swap contracts [Member]
Liabilities, Fair Value Disclosure	0	52
Fair Value, Inputs, Level 3 [Member] | Embedded conversion option [Member]
Liabilities, Fair Value Disclosure	$2,734	$2,048

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details Textual)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Summary Of Significant Accounting Policies [Line Items]
Percentage Of Provision For Accounts Receivable	10.00%
Cost Of Goods, Total [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	37.00%	51.00%
Sales Revenue, Goods, Net [Member]
Summary Of Significant Accounting Policies [Line Items]
Concentration Risk, Percentage	10.00%	10.00%

Fair_Value_of_Financial_Instru1

Fair Value of Financial Instruments (Details Textual) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Fair Value of Financial Instruments [Line Items]
Debt Instrument, Fair Value Disclosure	$11,000	$12,000

Property_and_Equipment_Details

Property and Equipment (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	6,239	$5,809
Less: Accumulated depreciation	1,981	1,860
Property, Plant and Equipment, Net	4,258	3,949
Land [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	1,180	1,180
Buildings and improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	3,551	3,165
Buildings and improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Buildings and improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	10 years
Other equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross, Total	1,508	$1,464
Other equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Other equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years

Property_and_Equipment_Details1

Property and Equipment (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment [Line Items]
Depreciation	$121	$130

Derivative_Financial_Instrumen2

Derivative Financial Instruments and Risk Management (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value Hedge Assets	$11,106	$1,363
Other current assets Member] | Foreign currency forward contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value Hedge Assets	1,337	316
Other current assets Member] | Aluminum futures contracts [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Fair Value Hedge Assets	$9,769	$1,047

Derivative_Financial_Instrumen3

Derivative Financial Instruments and Risk Management (Details 1) (Accrued expenses and derivative liabilities [Member], USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accrued expenses and derivative liabilities [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Interest rate swap contracts	$0	$52

Derivative_Financial_Instrumen4

Derivative Financial Instruments and Risk Management (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Gain (Loss) on Derivative, Net, Total	($3,156)		$6,906
Foreign currency forward contracts [Member] | Cost of goods sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Gain (Loss) on Derivative, Net, Total	168	[1]	-13	[1]
Interest rate swaps [Member] | Interest expense, net [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Gain (Loss) on Derivative, Net, Total	-52	[2]	-56	[2]
Aluminum futures [Member] | Cost of goods sold [Member]
Derivative Instruments and Hedging Activities Disclosures [Line Items]
Derivative, Gain (Loss) on Derivative, Net, Total	($3,272)	[3]	$6,975	[3]
[1]	Fair value hedge: the related hedged item is accounts receivable and accounts payable denominated in foreign currency and offsetting losses in 2014 and gains in 2013, in the same respective amounts are included in cost of goods sold.
[2]	Cash flow hedge: recognized loss reclassified from accumulated other comprehensive loss in 2014 and 2013.
[3]	Fair value hedge: the related hedged item is inventory and offsetting gains in 2014 and losses in 2013, in the same respective amounts are included in cost of goods sold in 2014 and 2013.

Accrued_expenses_and_derivativ2

Accrued expenses and derivative liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Accrued Expenses and Derivative Liabilities [Line Items]
Accrued expenses	$4,110	$2,792
Derivative liabilities	0	52
Accrued Expenses Derivative Liabilities	$4,110	$2,844

Mortgage_Payable_Details_Textu

Mortgage Payable (Details Textual) (Mortgage Loans [Member], USD $)	12 Months Ended
	Dec. 31, 2014
Mortgage Loans [Member]
Mortgage Loans on Real Estate [Line Items]
Debt Instrument, Periodic Payment	$21,600
Loans Receivable, Description of Variable Rate Basis	LIBOR + 1.75%
Debt Instrument, Interest Rate, Stated Percentage	6.37%
Debt Instrument, Maturity Date	31-Dec-14

Notes_Payable_Details_Textual

Notes Payable (Details Textual)	1 Months Ended	12 Months Ended							1 Months Ended
	Dec. 18, 2014	Dec. 31, 2014	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2013	Jun. 19, 2014	Dec. 18, 2014	Dec. 18, 2014	Jun. 19, 2014
	USD ($)	USD ($)	EUR (€)	USD ($)	EUR (€)	USD ($)	Committed Facility [Member]	Uncommitted Facility [Member]	Rabobank International [Member]
							USD ($)	USD ($)	USD ($)
Line of Credit Facility [Line Items]
Line of Credit Facility, Amount Outstanding	$275,000,000	$36,586,000		$71,105,000		$200,000,000			$300,000,000
Line of Credit Facility, Maximum Borrowing Capacity							185,000,000	90,000,000	150,000,000
Line of Credit Facility, Remaining Borrowing Capacity	25,000,000								75,000,000
Excess Capital	50,000,000
Line of Credit Facility, Current Borrowing Capacity		229,386,000		174,605,000			35,000,000	15,000,000
Line of Credit Facility, Expiration Date	19-Jun-17	30-Apr-15	30-Apr-15
Line of Credit Facility, Commitment Fee Amount		9,679,000	8,000,000
Line of Credit Facility, Fair Value of Amount Outstanding		8,288,000	6,850,000	4,422,000	3,217,000
Line Of Credit Facility, Interest Rate, Variable Rate Basis		EURIBOR plus 1.75%	EURIBOR plus 1.75%	EURIBOR plus 1.75%	EURIBOR plus 1.75%
Line of Credit Facility, Increase (Decrease), Other, Net									$75,000,000

Convertible_Subordinated_Debt_1

Convertible Subordinated Debt (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Jun. 03, 2011
Convertible Subordinated Debt [Line Items]
Equity value	$41,738	$30,708	$36,811
Volatility	35.00%	45.00%	70.00%
Risk free return	0.67%	0.38%	1.60%
Dividend yield	2.15%	2.79%	2.51%
Strike price	$3.88	$3.99	$4.65

Convertible_Subordinated_Debt_2

Convertible Subordinated Debt (Details Textual) (USD $)	1 Months Ended	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Aug. 18, 2014	Dec. 31, 2014	Dec. 31, 2013	Jun. 03, 2011
Debt Instrument [Line Items]
Debt Instrument, Convertible, Conversion Price		$3.88	$3.99
Convertible Subordinated Debt		$4,000
Unrealized Gain (Loss) on Derivatives		1,113	52
Accounts Payable, Interest-bearing		962
Related Party Loan Monthly Installment Upon Disagreement		481	565
Related Party Loan Effective Interest Rate Upon Disagreement		3.50%
Related Party Loan Interest Rate Basis Upon Disagreement		3.69%
Amortization Of Intangible Assets		321	321
Noncontrolling Interest, Ownership Percentage by Parent		70.00%
Investment Income, Interest		177	293
Stock Issued During Period, Value, Conversion of Convertible Securities, Net of Adjustments	1,507	1,507	0
Debt Instrument, Convertible, Carrying Amount of Equity Component	916
Gains (Losses) on Extinguishment of Debt	164	-164	0
Embedded Derivative Financial Instruments [Member]
Debt Instrument [Line Items]
Debt Instrument, Convertible, Carrying Amount of Equity Component	427
Common Stock [Member]
Debt Instrument [Line Items]
Convertible Subordinated Debt	1,000
Pt Alumindo [Member]
Debt Instrument [Line Items]
Due from Affiliates		10,000
Convertible Senior Subordinated Notes [Member]
Debt Instrument [Line Items]
Debt Instrument, Interest Rate During Period				10.00%
Debt Instrument, Convertible, Conversion Ratio	254	257.56	250.62
Debt Instrument, Convertible, Conversion Price		$7
Derivative Liability, Fair Value, Amount Not Offset Against Collateral, Total		2,829
Amortization Of Intangible Assets				12,000
Debt Instrument, Maturity Date		1-Jan-16
Debt Instrument, Convertible, Beneficial Conversion Feature		1	1
Supply Agreement With Pt. Alumindo [Member]
Debt Instrument [Line Items]
Related Party Loan Monthly Installment		278
Related Party Loan Monthly Installment Upon Disagreement		$556

Stock_Options_Details

Stock Options (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock Option [Line Items]
Options outstanding and exercisable Number of Shares	400,000	410,000	414,000
Options canceled Number of Shares	-6,000	-4,000
Options exercised	-4,000
Options available for grant under 2006 Plan at December 31, 2014	421,000
Options outstanding and exercisable Weighted Average Exercise Price	$1.48	$1.52	$1.53
Options exercised Weighted Average Exercise Price	$3.64
Options canceled Weighted Average Exercise Price	$3.64	$1.87
Options outstanding and exercisable Weighted Average Exercise Price Remaining Contratual term	4 years 8 months 23 days	5 years 6 months 18 days	7 years 5 months 23 days
Options outstanding and exercisable Aggregate Intrinisic Value	$1,257,960	$843,800	$532,060

Stock_Options_Details_Textual

Stock Options (Details Textual) (2006 Stock Option Plan [Member])	Dec. 31, 2014
In Thousands, unless otherwise specified
2006 Stock Option Plan [Member]
Stock Option [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	559,000

TREASURY_STOCK_Details_Textual

TREASURY STOCK (Details Textual) (USD $)	1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013	Jul. 22, 2008
Equity, Class of Treasury Stock [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased				2,000
Treasury stock acquired		$352	$64
Stock Issued During Period, Shares, Treasury Stock Reissued	4	150
Convertible Senior Subordinated Notes [Member]
Equity, Class of Treasury Stock [Line Items]
Debt Conversion, Converted Instrument, Shares Issued		254
Repurchase One [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock acquired		1,338
Treasury Stock Shares Acquired Cost Method		3,638
Repurchase Two [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock acquired		74
Treasury Stock Shares Acquired Cost Method		352
Repurchase Three [Member]
Equity, Class of Treasury Stock [Line Items]
Treasury stock acquired			$19
Treasury Stock Shares Acquired Cost Method			64

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance, Foreign currency translation	$84		($48)
Other comprehensive income/(loss) before reclassification, Foreign Currency Translation	-418		132
Loss reclassified to operations, Foreign Currency Translation	0		0
Net current period other comprehensive (loss)/ income, Foreign Currency Translation	-418		132
Ending balance, Foreign Currency Translation	-334		84
Beginning balance, Interest Rate Swap Contract	-33		-68
Other comprehensive income/(loss) before reclassification, Interest Rate Swap Contract			0
Loss reclassified to operations, Interest Rate Swap Contract	33	[1]	35	[2]
Net current period other comprehensive (loss)/ income, Interest Rate Swap Contract	33		35
Ending balance, Interest Rate SwapContract	0		-33
Beginning balance, Available for Sale Marketable Securities	0		-20
Other comprehensive income/(loss) before reclassification, Available for Sale Marketable Securities			0
Loss reclassified to operations, Available forSale Marketable Securities	0		20
Net current period other comprehensive (loss)/ income, Available forSale Marketable Securities	0		20
Ending balance, Available for Sale Marketable Securities	0		0
Beginning balance	51		-136
Other comprehensive income/(loss) before reclassification	-418		132
Loss reclassified to operations	33		55
Net current period other comprehensive (loss)/ income	-385		187
Ending balance	($334)		$51
[1]	Reclassified to following line items in the statement of income: Interest expense, net $ 52 Income taxes (19) Net of tax $ 33
[2]	Reclassified to following line items in the statement of income: Interest expense, net $56 $32 Income taxes (21) (12) Net of tax $35 $20

ACCUMULATED_OTHER_COMPREHENSIV3

ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS) (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
(a) Reclassified to following line items in the statement of income:
Income taxes	$3,325	$1,385
Net of tax	33	55
Interest Rate Swap [Member]
(a) Reclassified to following line items in the statement of income:
Interest expense, net	52	56
Income taxes	-19	-21
Net of tax	33	35
Available-for-sale Securities [Member]
(a) Reclassified to following line items in the statement of income:
Interest expense, net		32
Income taxes		-12
Net of tax		$20

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
U.S.	$5,837	$3,575
Foreign	1,222	206
Income before income taxes	$7,059	$3,781

INCOME_TAXES_Details_1

INCOME TAXES (Details 1) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current
U.S. Federal	$3,039	$1,400
State and local	416	288
Foreign	318	53
Current Income Tax Expense (Benefit)	3,773	1,741
Deferred
U.S. Federal	-399	-289
State and local	-49	-67
Foreign	0	0
Deferred income taxes	-448	-356
Income Tax Expense (Benefit)	$3,325	$1,385

INCOME_TAXES_Details_2

INCOME TAXES (Details 2) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Provision for taxes at statutory rate of 34%	$2,400	$1,286
State and local taxes, net of federal tax effect	242	157
Permanent differences	854	46
Reversal of overaccrual of prior year unrecognized tax benefits	-79	-81
Other	-92	-23
Income Tax Expense (Benefit)	$3,325	$1,385

INCOME_TAXES_Details_3

INCOME TAXES (Details 3) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred current tax assets
Allowance for doubtful accounts	$215	$215
Accrued expenses	72	73
Inventories	3,544	2,829
Stock Options	80	80
Derivative contracts	0	20
Net deferred current tax assets	3,911	3,217
Deferred long-term tax assets
Derivative liability for embedded conversion option	306	781
Deferred Tax Assets, Net of Valuation Allowance, Noncurrent	306	781
Deferred long-term tax liabilities
Property and Equipment	-51	-45
Unamortized debt discount	-306	-521
Deferred Tax Liabilities, Net, Noncurrent	-357	-566
Net deferred long-term tax assets /(liabilities)	-51	215
Net deferred tax assets	$3,860	$3,432

INCOME_TAXES_Details_4

INCOME TAXES (Details 4) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Income Taxes [Line Items]
Balance at January 1	$249	[1]	$329
Reductions from settlements	0		-81
Reductions from lapse of statute of limitations	-69		0
Settlements	0		-294
Net (decrease)/increase for tax positions of prior years	-10		295
Balance at December 31	$170	[1]	$249	[1]
[1]	Liability included in income taxes payable in the consolidated balance sheets.

INCOME_TAXES_Details_Textual

INCOME TAXES (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Income Taxes [Line Items]
Percentage Of Withholding Tax	5.00%
Unrecognized Tax Benefits, Interest on Income Taxes Accrued	$66	$107
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	34.00%	34.00%
Unrecognized Tax Benefits, Value of Accrued Interest reversed	41	148
Unrecognized Tax Benefits, Value of Liability reversed	79	81
MEXICO
Income Taxes [Line Items]
Undistributed Earnings of Foreign Subsidiaries	506
IMBALI
Income Taxes [Line Items]
Undistributed Earnings of Foreign Subsidiaries	$3,531

Employee_Retirement_Benefits_D

Employee Retirement Benefits (Details)	12 Months Ended
	Dec. 31, 2014
Year One [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	25.00%
Year Two [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	50.00%
Year Three [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	75.00%
Year Four [Member]
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employers Matching Contribution, Annual Vesting Percentage	100.00%

Employee_Retirement_Benefits_D1

Employee Retirement Benefits (Details Textual) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Defined Benefit Plan Disclosure [Line Items]
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	50.00%
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	2.00%
Condition For Forfeiture Of Non Vested Portion Of Matching Contribution	Employees who terminate prior to 100% vesting forfeit their non-vested portion of the Company’s matching contribution
Defined Contribution Plan, Employer Discretionary Contribution Amount	$75	$82

Per_Share_Data_Details

Per Share Data (Details) (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Numerator:
Net income	$3,734	$2,396
Numerator for diluted earnings per share	$3,734	$2,396
Denominator:
Weighted average shares outstanding-basic (in shares)	8,768	8,583
Dilutive effect of convertible subordinated debt (in shares)
Dilutive effect of stock options (in shares)	262	269
Weighted average shares outstanding-diluted (in shares)	9,030	8,852
Basic Earnings per Share (in dollars per share)	$0.43	$0.28
Diluted Earnings per Share (in dollars per share)	$0.41	$0.27

Per_Share_Data_Details_Textual

Per Share Data (Details Textual)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2,833	3,007

Dividends_Details_Textual

Dividends (Details Textual) (USD $)	0 Months Ended		1 Months Ended			0 Months Ended	1 Months Ended	12 Months Ended		0 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 12, 2014	Oct. 15, 2014	Sep. 19, 2014	Jul. 18, 2014	Jun. 18, 2014	Apr. 14, 2014	Mar. 25, 2014	Dec. 31, 2014	Dec. 31, 2013	Jan. 14, 2015
Dividends Payable [Line Items]
Common Stock, Dividends, Per Share, Cash Paid	$0.03		$0.03		$0.03		$0.03
Special Dividend Declared Per Share								$0.03
Payments of Dividends, Total		$224		$217		$217		$872	$644
Subsequent Event [Member]
Dividends Payable [Line Items]
Payments of Dividends, Total										$449

Business_Segment_and_Geographi2

Business Segment and Geographic Area Information (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Segment Reporting Information [Line Items]
Other Revenue, Net	$582,279	$482,683
United States [Member]
Segment Reporting Information [Line Items]
Other Revenue, Net	350,510	311,127
Latin America [Member]
Segment Reporting Information [Line Items]
Other Revenue, Net	103,294	66,126
Canada [Member]
Segment Reporting Information [Line Items]
Other Revenue, Net	46,048	48,394
Australia and New Zealand [Member]
Segment Reporting Information [Line Items]
Other Revenue, Net	42,750	38,698
Europe [Member]
Segment Reporting Information [Line Items]
Other Revenue, Net	$39,677	$18,338

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)	Dec. 31, 2014
In Thousands, unless otherwise specified
Commitments and Contingencies [Line Items]
2015	$313
2016	321
2017	328
2018	336
2019	343
Thereafter	1,829
Operating Leases, Future Minimum Payments Due	$3,470

Commitments_and_Contingencies_2

Commitments and Contingencies (Details Textual) (USD $)	1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Dec. 18, 2014	Dec. 31, 2014	Dec. 31, 2013
Commitments and Contingencies [Line Items]
Letters of Credit Outstanding, Amount		$36,586	$71,105
Operating Leases, Rent Expense		$306	$302
Line of Credit Facility, Expiration Date	19-Jun-17	30-Apr-15