Handy & Harman 10-Q 29 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 28, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	HANDY & HARMAN LTD.
Trading Symbol	hnh
Entity Central Index Key	106,618
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		10,782,910

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current Assets:
Cash and cash equivalents	$ 18,748	$ 31,649
Trade and other receivables - net of allowance for doubtful accounts of $1,533 and $1,742, respectively	92,534	59,463
Inventories, net	71,842	63,929
Deferred income tax assets - current	12,722	26,719
Prepaid and other current assets	5,971	7,111
Assets of discontinued operations	0	69,673
Total current assets	201,817	258,544
Property, plant and equipment at cost, less accumulated depreciation	69,361	67,621
Goodwill	89,499	68,253
Other intangibles, net	36,131	33,338
Investment in associated company	29,529	23,936
Deferred income tax assets	78,907	71,710
Other non-current assets	14,768	15,357
Total assets	520,012	538,759
Current Liabilities:
Trade payables	40,642	30,805
Accrued liabilities	22,064	23,368
Accrued environmental liabilities	2,018	2,424
Short-term debt	835	602
Current portion of long-term debt	6,256	6,378
Deferred income tax liabilities - current	205	186
Liabilities of discontinued operations	0	13,698
Total current liabilities	72,020	77,461
Long-term debt	84,823	196,423
Accrued pension liability	205,672	208,388
Other post-retirement benefit obligations	2,668	2,914
Other liabilities	4,220	4,184
Total liabilities	$ 369,403	$ 489,370
Commitments and Contingencies
Stockholders' Equity:
Common stock - $.01 par value; authorized 180,000 shares; issued 13,583 and 13,580 shares, respectively	$ 136	$ 136
Accumulated other comprehensive loss	(235,245)	(235,822)
Additional paid-in capital	571,427	570,256
Treasury stock, at cost - 2,800 shares	(70,375)	(70,375)
Accumulated deficit	(115,334)	(214,806)
Total stockholders' equity	150,609	49,389
Total liabilities and stockholders' equity	$ 520,012	$ 538,759

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 1,533	$ 1,742
Common stock - par value (in dollars per share)	$ 0.01	$ 0.01
Common stock - shares authorized (in shares)	180,000	180,000
Common stock - issued (in shares)	13,583	13,580
Treasury stock - number of shares (in shares)	2,800	2,800

Consolidated Income Statements

Consolidated Income Statements - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Statement [Abstract]
Net sales	$ 166,475	$ 168,545	$ 304,457	$ 304,032
Cost of goods sold	118,299	120,918	217,903	219,254
Gross profit	48,176	47,627	86,554	84,778
Selling, general and administrative expenses	30,892	28,937	61,751	59,630
Pension expense	2,072	1,105	4,145	2,210
Operating income	15,212	17,585	20,658	22,938
Other:
Interest expense	1,107	1,603	2,275	3,149
Realized and unrealized (gain) loss on derivatives	(312)	606	(105)	466
Other expense	113	77	204	146
Income from continuing operations before tax and equity investment	14,304	15,299	18,284	19,177
Tax provision	5,867	6,648	7,511	8,455
Loss from associated company, net of tax	2,161	1,242	1,239	6,540
Income from continuing operations, net of tax	6,276	7,409	9,534	4,182
Discontinued operations:
Income from discontinued operations, net of tax	0	3,667	565	6,482
(Loss) gain on disposal of assets, net of tax	(147)	0	89,373	42
Net (loss) income from discontinued operations	(147)	3,667	89,938	6,524
Net income	$ 6,129	$ 11,076	$ 99,472	$ 10,706
Basic and diluted income (loss) per share of common stock
Income from continuing operations, net of tax, per share (in dollars per share)	$ 0.58	$ 0.56	$ 0.88	$ 0.32
Discontinued operations, net of tax, per share (in dollars shares)	(0.01)	0.28	8.35	0.50
Net income per common share (in dollars per share)	$ 0.57	$ 0.84	$ 9.23	$ 0.82
Weighted-average number of common shares outstanding (in shares)	10,784	13,114	10,782	13,055

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 6,129	$ 11,076	$ 99,472	$ 10,706
Other comprehensive income (loss), net of tax:
Changes in pension liability and other post-retirement benefit obligations	0	0	2,022	0
Tax effect of changes in pension liability and other post-retirement benefit obligations	0	0	(395)	0
Foreign currency translation adjustments	347	110	(1,050)	(119)
Other comprehensive income (loss)	347	110	577	(119)
Comprehensive income	$ 6,476	$ 11,186	$ 100,049	$ 10,587

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - 6 months ended Jun. 30, 2015 - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Accumulated Other Comprehensive Loss	Additional Paid-In Capital	Treasury Stock, at Cost	Accumulated Deficit
Balance, shares at Dec. 31, 2014		13,580
Balance at Dec. 31, 2014	$ 49,389	$ 136	$ (235,822)	$ 570,256	$ (70,375)	$ (214,806)
Stockholders' Equity Line Items
Amortization, issuance and forfeitures of restricted stock grants (in shares)		3
Amortization, issuance and forfeitures of restricted stock grants	1,171			1,171
Changes in pension liability and post-retirement benefit obligations, net of tax	1,627		1,627
Foreign currency translation adjustments	(1,050)		(1,050)
Net income	99,472					99,472
Balance, shares at Jun. 30, 2015		13,583
Balance at Jun. 30, 2015	$ 150,609	$ 136	$ (235,245)	$ 571,427	$ (70,375)	$ (115,334)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities:
Net income	$ 99,472	$ 10,706
Net income from discontinued operations	(89,938)	(6,524)
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization	6,650	6,687
Non-cash stock-based compensation	2,051	2,399
Non-cash loss from investment in associated company, net of tax	1,239	6,540
Amortization of debt issuance costs	552	414
Deferred income taxes	5,735	6,337
Gain from asset dispositions	(140)	(49)
Non-cash gain from derivatives	(205)	(89)
Reclassification of net cash settlements on precious metal contracts to investing activities	100	554
Change in operating assets and liabilities, net of acquisitions:
Trade and other receivables	(30,949)	(29,348)
Inventories	(6,324)	(16,129)
Prepaid and other current assets	1,120	2,306
Other current liabilities	1,520	6,508
Other items, net	(137)	269
Net cash used in continuing operations	(9,254)	(9,419)
Net cash (used in) provided by discontinued operations	(2,266)	7,861
Net cash used in operating activities	(11,520)	(1,558)
Cash flows from investing activities:
Additions to property, plant and equipment	(6,979)	(4,971)
Net cash settlements on precious metal contracts	(100)	(554)
Acquisitions, net of cash acquired	(27,440)	0
Proceeds from sale of assets	181	126
Investments in associated company	(7,607)	0
Proceeds from sale of discontinued operations	152,889	0
Net cash used in investing activities of discontinued operations	(75)	(1,490)
Net cash provided by (used in) investing activities	110,869	(6,889)
Cash flows from financing activities:
Proceeds from WHX CS Loan	0	4,500
Net revolver (repayments) borrowings	(111,475)	10,350
Net borrowings on loans - foreign	268	323
Repayments of term loans - domestic	(176)	(6,409)
Deferred finance charges	(328)	(88)
Net change in overdrafts	(450)	1,912
Purchases of treasury stock	0	(4,593)
Other financing activities	9	(2)
Net cash provided by financing activities of discontinued operations	0	1,495
Net cash (used in) provided by financing activities	(112,152)	7,488
Net change for the period	(12,803)	(959)
Effect of exchange rate changes on cash and cash equivalents	(98)	(20)
Cash and cash equivalents at beginning of period	31,649	10,300
Cash and cash equivalents at end of period	18,748	9,321
Interest	1,686	3,299
Taxes	$ 2,881	$ 3,496

The Company and Nature of Opera

The Company and Nature of Operations	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The Company and Nature Of Operations	The Company and Nature of Operations Handy & Harman Ltd. ("HNH") is a diversified manufacturer of engineered niche industrial products. HNH's diverse product offerings are marketed throughout the United States and internationally. HNH owns Handy & Harman Group Ltd. ("H&H Group"), which owns Handy & Harman ("H&H") and Bairnco, LLC ("Bairnco"), formerly Bairnco Corporation. HNH manages its group of businesses on a decentralized basis with operations principally in North America. HNH's business units encompass the following segments: Joining Materials, Tubing, Building Materials and Kasco Blades and Route Repair Services ("Kasco"). All references herein to "we," "our" or the "Company" refer to HNH together with all of its subsidiaries.

Basis Of Presentation

Basis Of Presentation	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis Of Presentation	Basis of Presentation The consolidated balance sheet as of December 31, 2014 , which has been derived from audited financial statements, and the unaudited consolidated financial statements included herein have been prepared by the Company in accordance with the rules and regulations of the Securities and Exchange Commission. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") have been condensed or omitted in accordance with those rules and regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. This quarterly report on Form 10-Q should be read in conjunction with the Company's audited consolidated financial statements on Form 10-K for the year ended December 31, 2014 . Certain amounts for the prior year have been reclassified to conform to the current year presentation. In the opinion of management, the interim financial statements reflect all normal and recurring adjustments necessary to present fairly the consolidated financial position and the results of operations and changes in cash flows for the interim periods. The preparation of consolidated financial statements in conformity with U.S. GAAP requires the Company to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. Estimates are based on historical experience, expected future cash flows and various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the operating results for the full year. New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) . The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services, and the guidance defines a five step process to achieve this core principle. The ASU is scheduled to be effective for the Company's 2017 fiscal year, however, the FASB has affirmed its proposal to defer the effective date of the new revenue standard for all entities by one year. The ASU may be applied either (i) retrospectively to each prior reporting period presented with an election for certain specified practical expedients, or (ii) retrospectively with the cumulative effect of initially applying the ASU recognized at the date of initial application, with additional disclosure requirements. The Company is evaluating the potential impact of this new guidance, but does not currently anticipate that the application of ASU No. 2014-09 will have a significant effect on its financial condition, results of operations or its cash flows. We have not yet determined the method by which we will adopt the standard. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , which requires an entity to measure inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The amendments do not apply to inventory that is measured using the last-in, first-out ("LIFO") cost method. The Company is currently evaluating the potential impact of this new guidance, which is effective for the Company's 2017 fiscal year.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisitions On March 31, 2015, the Company, through its indirect subsidiary, OMG, Inc. ("OMG"), acquired certain assets and assumed certain liabilities of ITW Polymers Sealants North America Inc. ("ITW"), which are used in the business of manufacturing two-component polyurethane adhesive for the roofing industry, for a cash purchase price of $27.4 million , reflecting a final working capital adjustment of $0.4 million . The assets acquired and liabilities assumed primarily include net working capital of inventories and accrued liabilities; property, plant and equipment; and intangible assets, primarily unpatented technology, valued at $1.7 million , $0.1 million and $4.4 million , respectively, on a preliminary basis. ITW was the exclusive supplier of certain adhesive products to OMG, and this acquisition will provide OMG with greater control of its supply chain and allow OMG to expand its product development initiatives. The results of operations of the acquired business will be reported within the Company's Building Materials segment. In connection with the ITW acquisition, the Company has recorded goodwill totaling approximately $21.3 million on a preliminary basis, which is expected to be deductible for income tax purposes.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations The following business is classified as a discontinued operation in the consolidated financial statements. Arlon, LLC On December 18, 2014, H&H Group and Bairnco entered into a stock purchase agreement to sell all of the issued and outstanding equity interests of Arlon, LLC, a Delaware limited liability company and a wholly-owned subsidiary of Bairnco, and its subsidiaries (other than Arlon India (Pvt) Limited) for $157.0 million in cash, less transaction fees, subject to a final working capital adjustment and certain potential reductions as provided in the stock purchase agreement. The closing of the sale occurred in January 2015. The operations of Arlon, LLC comprised substantially all of the Company's former Arlon Electronic Materials segment, which manufactured high performance materials for the printed circuit board industry and silicone rubber-based materials. The assets and liabilities of discontinued operations were segregated on the consolidated balance sheet as of December 31, 2014 . No balances from discontinued operations remain at June 30, 2015 . December 31, (in thousands) 2014 Assets of Discontinued Operations: Trade and other receivables, net $ 16,044 Inventories, net 8,294 Prepaid and other current assets 811 Property, plant and equipment, net 24,754 Goodwill 9,298 Other intangibles, net 10,472 Total assets of discontinued operations $ 69,673 Liabilities of Discontinued Operations: Trade payables $ 6,252 Accrued liabilities 3,986 Accrued pension liability 1,794 Other liabilities 1,666 Total liabilities of discontinued operations $ 13,698 The net (loss) income from discontinued operations includes the following: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2015 2014 2015 2014 Net sales $ — $ 26,946 $ 5,952 $ 53,306 Operating income — 5,671 920 10,008 Interest expense and other income — 3 (10 ) (10 ) Tax provision — 2,001 365 3,536 Income from discontinued operations, net of tax — 3,667 565 6,482 (Loss) gain on disposal of assets (38 ) — 93,416 71 Tax provision 109 — 4,043 29 (Loss) gain on disposal of assets, net of tax (147 ) — 89,373 42 Net (loss) income from discontinued operations $ (147 ) $ 3,667 $ 89,938 $ 6,524 Based on a tax reorganization completed in anticipation of the sale of Arlon, LLC, as well as the release of Arlon, LLC’s net deferred tax liabilities totaling $7.6 million , the effective tax rate on the gain on disposal of Arlon, LLC was 4.3% .

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories, net at June 30, 2015 and December 31, 2014 were comprised of: June 30, December 31, (in thousands) 2015 2014 Finished products $ 24,471 $ 24,424 In-process 12,810 10,310 Raw materials 14,319 12,346 Fine and fabricated precious metals in various stages of completion 20,432 17,094 72,032 64,174 LIFO reserve (190 ) (245 ) Total $ 71,842 $ 63,929 In order to produce certain of its products, H&H purchases, maintains and utilizes precious metal inventory. H&H records certain of its precious metal inventory at the lower of LIFO cost or market, with any adjustments recorded through cost of goods sold. Remaining precious metal inventory is accounted for primarily at fair value. Certain customers and suppliers of H&H choose to do business on a "pool" basis and furnish precious metal to H&H for return in fabricated form or for purchase from or return to the supplier. When the customer metal is returned in fabricated form, the customer is charged a fabrication charge. The value of this customer metal is not included on the Company's consolidated balance sheet. To the extent H&H is able to utilize customer precious metal in its production processes, such customer metal replaces the need for H&H to purchase its own inventory. As of June 30, 2015 , customer metal in H&H's custody consisted of 148,478 ounces of silver, 538 ounces of gold and 1,392 ounces of palladium. Supplemental inventory information: June 30, December 31, (in thousands, except per ounce) 2015 2014 Precious metals stated at LIFO cost $ 7,811 $ 4,684 Precious metals stated under non-LIFO cost methods, primarily at fair value $ 12,431 $ 12,165 Market value per ounce: Silver $ 15.79 $ 15.75 Gold $ 1,170.50 $ 1,199.25 Palladium $ 676.00 $ 798.00

Goodwill and Other Intangibles

Goodwill and Other Intangibles	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	Goodwill and Other Intangibles The changes in the net carrying amount of goodwill by reportable segment for the six months ended June 30, 2015 were as follows (in thousands): Segment Balance at January 1, 2015 Foreign Currency Translation Adjustments Additions Adjustments Balance at Accumulated Joining Materials $ 16,238 $ (22 ) $ — $ — $ 16,216 $ — Tubing 1,895 — — — 1,895 — Building Materials 50,120 — 21,268 — 71,388 — Total $ 68,253 $ (22 ) $ 21,268 $ — $ 89,499 $ — Other intangible assets as of June 30, 2015 and December 31, 2014 consisted of: (in thousands) June 30, 2015 December 31, 2014 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Customer relationships $ 31,977 $ (9,509 ) $ 22,468 $ 31,977 $ (8,524 ) $ 23,453 Trademarks, trade names and brand names 8,419 (2,254 ) 6,165 8,419 (2,004 ) 6,415 Patents and patent applications 5,488 (2,422 ) 3,066 5,354 (2,229 ) 3,125 Non-compete agreements 774 (691 ) 83 709 (671 ) 38 Other 5,653 (1,304 ) 4,349 1,358 (1,051 ) 307 Total $ 52,311 $ (16,180 ) $ 36,131 $ 47,817 $ (14,479 ) $ 33,338 The $21.3 million addition to goodwill within the Building Materials segment during the six months ended June 30, 2015 was due to the Company's ITW acquisition discussed in Note 3 - "Acquisitions." Other intangible assets as of June 30, 2015 also include $4.4 million in intangible assets, primarily unpatented technology, associated with the ITW acquisition. These balances are subject to adjustment during the finalization of the purchase price allocation for the ITW acquisition. Amortization expense totaled $0.9 million and $0.8 million for the three months ended June 30, 2015 and 2014 , respectively, and $1.7 million and $1.6 million for the six months ended June 30, 2015 and 2014, respectively.

Investments

Investments	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments	Investments The Company holds an investment in the common stock of a public company, ModusLink Global Solutions, Inc. ("ModusLink"), which is classified as an investment in associated company on the consolidated balance sheet. The Company carries its ModusLink investment on the consolidated balance sheet at fair value, calculated based on the closing market price for ModusLink common stock, with unrealized gains and losses on the investment reported in net income or loss. HNH owned 8,436,715 and 6,383,005 shares of the common stock of ModusLink at June 30, 2015 and December 31, 2014 , respectively, and the value of this investment increased from $23.9 million at December 31, 2014 to $29.5 million at June 30, 2015 due to the additional shares of ModusLink common stock purchased by the Company during 2015 . As of June 30, 2015 , Steel Partners Holdings L.P. ("SPLP") and its associated companies, which include the Company, owned a combined total of 16,476,730 ModusLink common shares, which represented 31.5% of ModusLink's outstanding shares. SPLP is a majority shareholder of HNH, owning directly or indirectly through its subsidiaries in excess of 50% of HNH's common shares. The power to vote and dispose of the securities held by SPLP is controlled by Steel Partners Holdings GP Inc. ("SPH GP"). SPLP also holds warrants to purchase 2,000,000 additional shares of ModusLink common stock at an exercise price of $5.00 per share. These warrants will expire in March 2018. ModusLink's fiscal year ends on July 31. Summarized unaudited information as to assets, liabilities and results of operations of ModusLink for the quarter ended April 30, 2015, its most recently completed fiscal quarter, and the comparable prior periods are as follows: April 30, July 31, (in thousands) 2015 2014 Current assets $ 438,875 $ 405,768 Non-current assets $ 36,700 $ 45,878 Current liabilities $ 238,811 $ 198,594 Non-current liabilities $ 84,718 $ 81,434 Stockholders' equity $ 152,046 $ 171,618 Three Months Ended Six Months Ended April 30, April 30, (in thousands) 2015 2014 2015 2014 Net revenue $ 106,234 $ 173,274 $ 254,544 $ 367,285 Gross profit $ 9,012 $ 15,699 $ 25,606 $ 38,279 Loss from continuing operations $ (12,106 ) $ (9,478 ) $ (13,662 ) $ (8,415 ) Net loss $ (12,106 ) $ (9,478 ) $ (13,662 ) $ (8,414 )

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt	Debt Debt at June 30, 2015 and December 31, 2014 was as follows: June 30, December 31, (in thousands) 2015 2014 Short-term debt Foreign $ 835 $ 602 Long-term debt Revolving facilities 81,900 193,375 Other H&H debt - domestic 7,839 8,014 Foreign loan facilities 1,340 1,412 Sub total 91,079 202,801 Less portion due within one year 6,256 6,378 Total long-term debt 84,823 196,423 Total debt $ 91,914 $ 203,403 Senior Credit Facilities On August 29, 2014, H&H Group entered into an amended and restated senior credit agreement ("Senior Credit Facility"), which provides for an up to $365.0 million senior secured revolving credit facility, including a $20.0 million sublimit for the issuance of letters of credit and a $20.0 million sublimit for the issuance of swing loans. Borrowings under the Senior Credit Facility bear interest, at H&H Group's option, at either LIBOR or the Base Rate , as defined, plus an applicable margin as set forth in the loan agreement ( 1.75% and 0.75% , respectively, for LIBOR and Base Rate borrowings at June 30, 2015 ), and the revolving facility provides for a commitment fee to be paid on unused borrowings. The weighted-average interest rate on the revolving facility was 1.97% at June 30, 2015 . H&H Group's availability under the Senior Credit Facility was $153.8 million as of June 30, 2015 . On January 22, 2015, H&H Group, and certain subsidiaries of H&H Group, entered into an amendment to its Senior Credit Facility to, among other things, provide for the consent of the administrative agent and the lenders, subject to compliance with certain conditions, for the tender offer by HNH Group Acquisition LLC, a newly formed subsidiary of H&H Group, for the shares of JPS Industries, Inc. ("JPS"), including the use of up to $71.0 million under the Senior Credit Facility to purchase such shares, and certain transactions related thereto. In addition, HNH Group Acquisition LLC and HNH Acquisition LLC, another newly formed subsidiary of H&H Group, became guarantors under the Senior Credit Facility pursuant to the amendment. See further discussion regarding the JPS transaction in Note 19 - "Subsequent Events." The Senior Credit Facility will expire, with all amounts outstanding due and payable, on August 29, 2019. The Senior Credit Facility is guaranteed by substantially all existing and thereafter acquired or created domestic and Canadian wholly-owned subsidiaries of H&H Group, and obligations under the Senior Credit Facility are collateralized by first priority security interests in and liens upon all present and future assets of H&H Group and these subsidiaries. The Senior Credit Facility restricts H&H Group's ability to transfer cash or other assets to HNH, subject to certain exceptions, including required pension payments to the WHX Corporation Pension Plan ("WHX Pension Plan"). The Senior Credit Facility is subject to certain mandatory prepayment provisions and restrictive and financial covenants, which include a maximum ratio limit on Total Leverage and a minimum ratio limit on Fixed Charge Coverage, as defined, as well as a minimum liquidity level. The Company was in compliance with all debt covenants at June 30, 2015 . The Company's prior senior credit facility, as amended, consisted of a revolving credit facility in an aggregate principal amount not to exceed $110.0 million and a senior term loan. On August 5, 2014, this agreement was further amended to, among other things, permit a new $40.0 million term loan and permit H&H Group to make a distribution to HNH of up to $80.0 million . The revolving facility provided for a commitment fee to be paid on unused borrowings. Borrowings under the prior senior credit facility bore interest, at H&H Group's option, at a rate based on LIBOR or the Base Rate , as defined, plus an applicable margin as set forth in the loan agreement. On August 29, 2014, all amounts outstanding under this agreement were repaid. Interest Rate Swap Agreements H&H Group entered into an interest rate swap agreement in February 2013 to reduce its exposure to interest rate fluctuations. Under the interest rate swap, the Company receives one-month LIBOR in exchange for a fixed interest rate of 0.569% over the life of the agreement on an initial $56.4 million notional amount of debt, with the notional amount decreasing by $1.1 million , $1.8 million and $2.2 million per quarter in 2013, 2014 and 2015, respectively. The agreement expires in February 2016 . H&H Group entered into a second interest rate swap agreement in June 2013, also to reduce its exposure to interest rate fluctuations. Under the interest rate swap, the Company receives one-month LIBOR in exchange for a fixed interest rate of 0.598% over the life of the agreement on an initial $5.0 million notional amount of debt, with the notional amount decreasing by $0.1 million , $0.2 million and $0.2 million per quarter in 2013, 2014 and 2015, respectively. The agreement expires in February 2016 . WHX CS Loan On June 3, 2014, WHX CS Corp., a wholly-owned subsidiary of the Company, entered into a credit agreement ("WHX CS Loan"), which provided for a term loan facility with borrowing availability of up to a maximum aggregate principal amount of $15.0 million . The amounts outstanding under the WHX CS Loan bore interest at LIBOR plus 1.25% . On August 29, 2014, the WHX CS Loan was terminated and all outstanding amounts thereunder were repaid.

Derivative Instruments

Derivative Instruments	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments Precious Metal and Commodity Inventories H&H's precious metal and commodity inventories are subject to market price fluctuations. H&H enters into commodity futures and forward contracts to mitigate the impact of price fluctuations on its precious and certain non-precious metal inventories that are not subject to fixed price contracts. The Company's hedging strategy is designed to protect it against normal volatility; therefore, abnormal price changes in these commodities or markets could negatively impact HNH's earnings. The Company does not enter into derivatives or other financial instruments for trading or speculative purposes. As of June 30, 2015 , the Company had the following outstanding forward contracts with settlement dates through September 2015. There were no futures contracts outstanding at June 30, 2015 . Notional Value Commodity Amount ($ in millions) Silver 885,000 ounces $ 14.0 Gold 1,100 ounces $ 1.3 Copper 350,000 pounds $ 0.9 Tin 40 metric tons $ 0.6 H&H accounts for these contracts as either fair value hedges or economic hedges under the guidance in Accounting Standards Codification ("ASC") 815, Derivatives and Hedging . Fair Value Hedges. Of the total forward contracts outstanding, 650,000 ounces of silver and substantially all of the copper contracts are designated and accounted for as fair value hedges under ASC 815. The fair values of these derivatives are recognized as derivative assets and liabilities on the consolidated balance sheet. The net change in fair value of the derivative assets and liabilities, and the change in the fair value of the underlying hedged inventory, are recognized in the consolidated income statement, and such amounts principally offset each other due to the effectiveness of the hedges. The fair value hedges are associated primarily with the Company's precious metal inventory carried at fair value. Economic Hedges. The remaining outstanding forward contracts for silver, and all of the contracts for gold and tin, are accounted for as economic hedges. As these derivatives are not designated as accounting hedges under ASC 815, they are accounted for as derivatives with no hedge designation. The derivatives are marked to market, and both realized and unrealized gains and losses are recorded in current period earnings in the consolidated income statement. The economic hedges are associated primarily with the Company's precious metal inventory valued using the LIFO method. The forward contracts were made with a counter party rated A+ by Standard & Poors. Accordingly, the Company has determined that there is minimal credit risk of default. The Company estimates the fair value of its derivative contracts through the use of market quotes or with the assistance of brokers when market information is not available. The Company maintains collateral on account with the third-party broker. Such collateral consists of both cash that varies in amount depending on the value of open contracts, as well as ounces of precious metal held on account by the broker. Debt Agreements H&H Group has entered into two interest rate swap agreements to reduce its exposure to interest rate fluctuations. See Note 8 - "Debt" for further discussion of the terms of these arrangements. These derivatives are not designated as accounting hedges under U.S. GAAP; they are accounted for as derivatives with no hedge designation. The Company records the gains or losses both from the mark-to-market adjustments and net settlements in interest expense in the consolidated income statement as the hedges are intended to offset interest rate movements. Effect of Derivative Instruments in the Consolidated Income Statements - Income/(Expense) (in thousands) Three Months Ended Six Months Ended June 30, June 30, Derivative Income Statement Line 2015 2014 2015 2014 Commodity contracts Cost of goods sold $ 893 $ (783 ) $ (21 ) $ (909 ) Total derivatives designated as hedging instruments 893 (783 ) (21 ) (909 ) Commodity contracts Cost of goods sold 131 (6 ) 278 (27 ) Commodity contracts Realized and unrealized gain (loss) on derivatives 312 (606 ) 105 (466 ) Interest rate swap agreements Interest expense (18 ) (80 ) (63 ) (125 ) Total derivatives not designated as hedging instruments 425 (692 ) 320 (618 ) Total derivatives $ 1,318 $ (1,475 ) $ 299 $ (1,527 ) Fair Value of Derivative Instruments on the Consolidated Balance Sheets - Asset/(Liability) (in thousands) June 30, December 31, Derivative Balance Sheet Location 2015 2014 Commodity contracts Prepaid and other current assets $ 603 $ 667 Total derivatives designated as hedging instruments 603 667 Commodity contracts Prepaid and other current assets 243 97 Interest rate swap agreements Other liabilities (103 ) (138 ) Total derivatives not designated as hedging instruments 140 (41 ) Total derivatives $ 743 $ 626

Pension and Other Post-Retireme

Pension and Other Post-Retirement Benefits	6 Months Ended
	Jun. 30, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Pension and Other Post-Retirement Benefits	Pension and Other Post-Retirement Benefits The following table presents the components of net periodic pension expense for the Company's pension plan for the three and six months ended June 30, 2015 and 2014 : Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2015 2014 2015 2014 Interest cost $ 4,760 $ 5,248 $ 9,520 $ 10,496 Expected return on plan assets (5,518 ) (6,050 ) (11,035 ) (12,100 ) Amortization of actuarial loss 2,830 1,907 5,660 3,814 Total $ 2,072 $ 1,105 $ 4,145 $ 2,210 The actuarial loss occurred principally because the historical investment returns on the assets of the WHX Pension Plan have been lower than the actuarial assumptions. The actuarial losses are being amortized over the average future lifetime of the participants, which is expected to be approximately 20 years. The Company believes that use of the future lifetime of the participants is appropriate because the WHX Pension Plan is completely inactive. The Company expects to have required minimum contributions to the WHX Pension Plan of $10.3 million for the remainder of 2015 , and $14.3 million , $15.3 million , $17.0 million , $18.3 million and $56.4 million in 2016, 2017, 2018, 2019, and for the five years thereafter, respectively. Required future contributions are estimated based upon assumptions regarding such matters as discount rates on future obligations, assumed rates of return on plan assets and legislative changes. Actual future pension costs and required funding obligations will be affected by changes in the factors and assumptions described in the previous sentence, as well as other changes such as any plan termination or other acceleration events. In addition to its pension plan, which is included in the table above, the Company also maintains several other post-retirement benefit plans covering certain of its employees and retirees. The approximate aggregate expense for these plans was $0.4 million and $0.5 million for the three months ended June 30, 2015 and 2014 , respectively, and $0.9 million and $0.9 million for the six months ended June 30, 2015 and 2014, respectively.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity Accumulated Other Comprehensive Loss Changes, net of tax, in accumulated other comprehensive loss and its components follow: (in thousands) Foreign Currency Translation Adjustments Changes in Net Pension and Other Benefit Obligations Total Balance at December 31, 2014 $ (1,957 ) $ (233,865 ) $ (235,822 ) Current period (loss) income (1,050 ) 1,627 577 Balance at June 30, 2015 $ (3,007 ) $ (232,238 ) $ (235,245 ) The current period foreign currency translation adjustments include a $0.2 million increase in accumulated other comprehensive loss associated with the sale of Arlon, LLC. The changes in net pension and other benefit obligations of $1.6 million are also related to the sale of Arlon, LLC, which sponsored a defined benefit pension plan that had an accumulated other comprehensive loss. See Note 4 - "Discontinued Operations" for further discussion of the sale of Arlon, LLC.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation During the six months ended June 30, 2015 , the Compensation Committee of the Company's Board of Directors approved the grant of an aggregate of 52,714 shares of restricted stock under the 2007 Incentive Stock Plan, as amended ("2007 Plan"), to certain employees, members of the Board of Directors and service providers. Restricted stock grants made to employees are in lieu of a long-term incentive plan component in the Company's bonus plan for those individuals who receive shares of restricted stock. Compensation expense is measured based on the fair value of the stock-based awards on the grant date, as measured by the NASDAQ closing price for the Company's common stock. Compensation expense is recognized in the consolidated income statement on a straight-line basis over the requisite service period, which is the vesting period. The restricted stock grants made to employees and service providers in 2015 vest in approximately equal annual installments over a three year period from the grant date. The restricted stock grants to the Company's non-employee directors vest one year from the grant date. The Company allows certain grantees to forego the issuance of shares to meet applicable income tax withholding due as a result of the vesting of restricted stock. Such shares are returned to the unissued shares of the Company's common stock. Restricted stock activity under the 2007 Plan was as follows for the six months ended June 30, 2015 : Employees and Service (shares) Providers Directors Total Balance, January 1, 2015 616,248 785,000 1,401,248 Granted 12,439 40,275 52,714 Forfeited (7,854 ) — (7,854 ) Reduced for income tax obligations (41,401 ) — (41,401 ) Balance, June 30, 2015 579,432 825,275 1,404,707 Vested 492,960 785,733 1,278,693 Non-vested 86,472 39,542 126,014 The Company recognized compensation expense related to restricted shares of $0.7 million and $1.3 million for the three months ended June 30, 2015 and 2014 , respectively, and $2.1 million and $2.4 million for the six months ended June 30, 2015 and 2014, respectively. Unearned compensation expense related to restricted shares at June 30, 2015 is $2.6 million , which is net of an estimated 5% forfeiture rate for employees and service providers. This amount will be recognized over the remaining vesting period of the restricted shares.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended June 30, 2015 and 2014 , tax provisions from continuing operations of $5.9 million and $6.6 million , respectively, were recorded. The effective tax rates in the three months ended June 30, 2015 and 2014 were 41.0% and 43.5% , respectively. For the six months ended June 30, 2015 and 2014 , tax provisions from continuing operations of $7.5 million and $8.5 million , respectively, were recorded. The effective tax rates in the six months ended June 30, 2015 and 2014 were 41.1% and 44.1% , respectively. The provision for income taxes is based on the current estimate of the annual effective tax rate, adjusted for discrete items that occurred within the respective periods. Changes in the effective tax rate arise principally from differences in the mix of income between taxable jurisdictions, including the impact of foreign sourced income, as well as changes in estimates associated with our projected annual state tax expense.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The computation of basic earnings per share of common stock is calculated by dividing net income by the weighted-average number of shares of the Company's common stock outstanding, as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share) 2015 2014 2015 2014 Income from continuing operations, net of tax $ 6,276 $ 7,409 $ 9,534 $ 4,182 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Income from continuing operations, net of tax, per share $ 0.58 $ 0.56 $ 0.88 $ 0.32 Net (loss) income from discontinued operations $ (147 ) $ 3,667 $ 89,938 $ 6,524 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Discontinued operations, net of tax, per share $ (0.01 ) $ 0.28 $ 8.35 $ 0.50 Net income $ 6,129 $ 11,076 $ 99,472 $ 10,706 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Net income per share $ 0.57 $ 0.84 $ 9.23 $ 0.82 Diluted earnings per share gives effect to dilutive potential common shares outstanding during the reporting period. The Company had potentially dilutive common share equivalents, in the form of outstanding stock options, during the three and six months ended June 30, 2015 and 2014 , although none were dilutive because the exercise price of these equivalents exceeded the market value of the Company's common stock during those periods. As of June 30, 2015 , stock options for an aggregate of 35,600 shares are excluded from the calculations above.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability (i.e. the "exit price") in an orderly transaction between market participants at the measurement date. Fair value measurements are broken down into three levels based on the reliability of inputs as follows: Level 1 inputs are quoted prices in active markets for identical assets or liabilities that the Company has the ability to access at the measurement date. An active market for the asset or liability is a market in which transactions for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis. The valuation under this approach does not entail a significant degree of judgment ("Level 1"). Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly. Level 2 inputs include quoted prices for similar assets or liabilities in active markets, inputs other than quoted prices that are observable for the asset or liability (e.g. interest rates and yield curves observable at commonly quoted intervals or current market) and contractual prices for the underlying financial instrument, as well as other relevant economic measures ("Level 2"). Level 3 inputs are unobservable inputs for the asset or liability. Unobservable inputs are used to measure fair value to the extent that observable inputs are not available, thereby allowing for situations in which there is little, if any, market activity for the asset or liability at the measurement date ("Level 3"). The fair value of the Company's financial instruments, such as cash and cash equivalents, trade and other receivables, and trade payables, approximate carrying value due to the short-term maturities of these assets and liabilities. Carrying cost approximates fair value for the Company's long-term debt which has variable interest rates. The fair value of the Company's investment in associated company is a Level 1 measurement because the underlying security is listed on a national securities exchange. The precious metal and commodity inventories associated with the Company's fair value hedges (see Note 9 - "Derivative Instruments") are reported at fair value. Fair values of these inventories are based on quoted market prices on commodity exchanges and are considered Level 1 measurements. The derivative instruments that the Company purchases in connection with its precious metal and commodity inventories, specifically commodity futures and forward contracts, are also valued at fair value. The futures contracts are Level 1 measurements since they are traded on a commodity exchange. The forward contracts are entered into with a counterparty and are considered Level 2 measurements. The Company's interest rate swap agreements are considered Level 2 measurements as the inputs are observable at commonly quoted intervals. The following table summarizes the Company's assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 : Asset (Liability) as of June 30, 2015 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 29,529 $ 29,529 $ — $ — Precious metal and commodity inventories recorded at fair value $ 13,195 $ 13,195 $ — $ — Commodity contracts on precious metal and commodity inventories $ 846 $ — $ 846 $ — Interest rate swap agreements $ (103 ) $ — $ (103 ) $ — Asset (Liability) as of December 31, 2014 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 23,936 $ 23,936 $ — $ — Precious metal and commodity inventories recorded at fair value $ 13,249 $ 13,249 $ — $ — Commodity contracts on precious metal and commodity inventories $ 764 $ 764 $ — $ — Interest rate swap agreements $ (138 ) $ — $ (138 ) $ — The Company's non-financial assets and liabilities measured at fair value on a non-recurring basis include goodwill and other intangible assets, any assets and liabilities acquired in a business combination, or its long-lived assets written down to fair value. To measure fair value for such assets and liabilities, the Company uses techniques including an income approach, a market approach and/or appraisals (Level 3 inputs). Long-lived assets consisting of land and buildings used in previously operating businesses and currently unused, which total $8.4 million as of June 30, 2015 , are carried at the lower of cost or fair value, and are included primarily in other non-current assets on the consolidated balance sheet. A reduction in the carrying value of such long-lived assets is recorded as an asset impairment charge in the consolidated income statement.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Environmental Matters Certain H&H Group subsidiaries have existing and contingent liabilities relating to environmental matters, including capital expenditures, costs of remediation, and potential fines and penalties relating to possible violations of national and state environmental laws. Those subsidiaries have remediation expenses on an ongoing basis, although such costs are continually being readjusted based upon the emergence of new techniques and alternative methods. The Company had approximately $2.0 million accrued related to estimated environmental remediation costs as of June 30, 2015 . The Company also has insurance coverage available for several of these matters and believes that excess insurance coverage may be available as well. During the quarter ended March 31, 2015, the Company recorded an insurance reimbursement of $1.2 million for previously incurred remediation costs. In addition, certain H&H Group subsidiaries have been identified as potentially responsible parties ("PRPs") under the Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA") or similar state statutes at sites and are parties to administrative consent orders in connection with certain properties. Those subsidiaries may be subject to joint and several liabilities imposed by CERCLA on PRPs. Due to the technical and regulatory complexity of remedial activities and the difficulties attendant in identifying PRPs and allocating or determining liability among them, the subsidiaries are unable to reasonably estimate the ultimate cost of compliance with such laws. Based upon information currently available, however, the H&H Group subsidiaries do not expect that their respective environmental costs, including the incurrence of additional fines and penalties, if any, will have a material adverse effect on them or that the resolution of these environmental matters will have a material adverse effect on the financial position, results of operations or cash flows of such subsidiaries or the Company, but there can be no such assurances. The Company anticipates that the H&H Group subsidiaries will pay any such amounts out of their respective working capital, although there is no assurance that they will have sufficient funds to pay them. In the event that the H&H Group subsidiaries are unable to fund their liabilities, claims could be made against their respective parent companies, including H&H Group and/or HNH, for payment of such liabilities. Among the sites where certain H&H Group subsidiaries may have more substantial environmental liabilities are the following: H&H has been working with the Connecticut Department of Energy and Environmental Protection ("CTDEEP") with respect to its obligations under a 1989 consent order that applies to a property in Connecticut that H&H sold in 2003 ("Sold Parcel") and an adjacent parcel ("Adjacent Parcel") that together with the Sold Parcel comprises the site of a former H&H manufacturing facility. Remediation of all soil conditions on the Sold Parcel was completed on April 6, 2007. On September 11, 2008, the CTDEEP advised H&H that it had approved H&H's December 28, 2007 Soil Remediation Action Report, as amended, thereby concluding the active remediation of the Sold Parcel. The remaining remediation, monitoring and regulatory administrative costs for the Sold Parcel are expected to approximate $0.1 million . With respect to the Adjacent Parcel, an ecological risk assessment has been completed and the results, along with proposed clean up goals, will be submitted to the CTDEEP for their review and approval. The total remediation costs for the Adjacent Parcel cannot be reasonably estimated at this time. Accordingly, there can be no assurance that the resolution of this matter will not be material to the financial position, results of operations or cash flows of H&H or the Company. In 1986, Handy & Harman Electronic Materials Corporation ("HHEM"), a subsidiary of H&H, entered into an administrative consent order ("ACO") with the New Jersey Department of Environmental Protection ("NJDEP") with regard to certain property that it purchased in 1984 in New Jersey. The ACO involves investigation and remediation activities to be performed with regard to soil and groundwater contamination. Thereafter, in 1998, HHEM and H&H settled a case brought by the local municipality in regard to this site and also settled with certain of its insurance carriers. HHEM is actively remediating the property and continuing to investigate effective methods for achieving compliance with the ACO. A remedial investigation report was filed with the NJDEP in December 2007. By letter dated December 12, 2008, the NJDEP issued its approval with respect to additional investigation and remediation activities discussed in the December 2007 remedial investigation report. HHEM anticipates entering into discussions with the NJDEP to address that agency's potential natural resource damage claims, the ultimate scope and cost of which cannot be estimated at this time. Pursuant to a settlement agreement with the former owner/operator of the site, the responsibility for site investigation and remediation costs, as well as any other costs, as defined in the settlement agreement, related to or arising from environmental contamination on the property (collectively, "Costs") are contractually allocated 75% to the former owner/operator (with separate guaranties by the two joint venture partners of the former owner/operator for 37.5% each) and 25% jointly to HHEM and H&H after the first $1.0 million . The $1.0 million was paid solely by the former owner/operator. As of June 30, 2015 , over and above the $1.0 million , total investigation and remediation costs of approximately $4.6 million and $1.5 million have been expended by the former owner/operator and HHEM, respectively, in accordance with the settlement agreement. Additionally, HHEM is currently being reimbursed indirectly through insurance coverage for a portion of the Costs for which HHEM is responsible. HHEM believes that there is additional excess insurance coverage, which it intends to pursue as necessary. HHEM anticipates that there will be additional remediation expenses to be incurred once a final remediation plan is agreed upon. There is no assurance that the former owner/operator or guarantors will continue to timely reimburse HHEM for expenditures and/or will be financially capable of fulfilling their obligations under the settlement agreement and the guaranties. The final Costs cannot be reasonably estimated at this time, and accordingly, there can be no assurance that the resolution of this matter will not be material to the financial position, results of operations or cash flows of HHEM or the Company. HHEM is continuing to comply with a 1987 consent order from the Massachusetts Department of Environmental Protection ("MADEP") to investigate and remediate the soil and groundwater conditions at a commercial/industrial property in Massachusetts. On June 30, 2010, HHEM filed a Response Action Outcome report to close the site since HHEM's licensed site professional concluded that groundwater monitoring demonstrated that the groundwater conditions have stabilized or continue to improve at the site. On June 20, 2013, HHEM received the MADEP's Notice of Audit Findings and Notice of Noncompliance ("Notice"). HHEM and its consultant held meetings with the MADEP to resolve differences identified in the Notice. As a result of those meetings and subsequent discussions, HHEM initiated additional sampling, testing and well installations. The additional work was completed in the second quarter of 2015, and we expect to submit a follow-up response report to the MADEP in the third quarter of 2015. The cost of this additional work is estimated at $0.2 million . Additional costs could result from these testing activities and final acceptance of the remediation plan by the MADEP, which cannot be reasonably estimated at this time. Other Litigation In the ordinary course of our business, we are subject to periodic lawsuits, investigations, claims and proceedings, including, but not limited to, contractual disputes, employment, environmental, health and safety matters, as well as claims associated with our historical acquisitions and divestitures. There is insurance coverage available for many of the foregoing actions. Although we cannot predict with certainty the ultimate resolution of lawsuits, investigations, claims and proceedings asserted against us, we do not believe any currently pending legal proceeding to which we are a party will have a material adverse effect on our business, prospects, financial condition, cash flows, results of operations or liquidity.

Related Party Transactions

Related Party Transactions	6 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of June 30, 2015 , SPLP owned directly or indirectly through its subsidiaries 7,131,185 shares of the Company's common stock, representing approximately 66.1% of outstanding shares. The power to vote and dispose of the securities held by SPLP is controlled by SPH GP. Warren G. Lichtenstein, our Chairman of the Board of Directors, is also the Executive Chairman of SPH GP. Certain other affiliates of SPH GP hold positions with the Company, including Jack Howard, as Vice Chairman and Principal Executive Officer, James F. McCabe, Jr., as Chief Financial Officer and Leonard J. McGill, as Chief Legal Officer. The Company has entered into a management services agreement, as amended ("Management Services Agreement"), with SP Corporate Services LLC ("SP Corporate"). SP Corporate is an affiliate of SPLP. Pursuant to the Management Services Agreement, SP Corporate provides the Company with certain executive and corporate services, including, without limitation, legal, tax, accounting, treasury, consulting, auditing, administrative, compliance, environmental health and safety, human resources, marketing, investor relations and other similar services rendered for the Company or its subsidiaries. The Management Services Agreement further provided that the Company pay SP Corporate a fixed annual fee of approximately $8.89 million , consisting of (a) $1.74 million in consideration of the executive services provided by SP Corporate under the Management Services Agreement and (b) $7.15 million in consideration of the corporate services provided by SP Corporate under the Management Services Agreement. On May 3, 2015, the Company and SP Corporate entered into an amendment to the Management Services Agreement to add operating group management services to the scope of corporate services to be provided pursuant to the Management Services Agreement and to adjust the fee for corporate services provided under the Management Services Agreement from $7.15 million to $8.81 million . In connection with the amendment, the Company also entered into a transfer agreement, dated May 3, 2015, with Steel Partners LLC ("Steel Partners"), pursuant to which three employees of the Company and its subsidiaries were transferred to Steel Partners, which will assume the cost of compensating those employees and providing applicable benefits. During the three months ended June 30, 2015 and 2014 , the Company reimbursed SP Corporate and its affiliates approximately $0.2 million and $0.1 million , respectively, for business expenses incurred on its behalf pursuant to the Management Services Agreement. Such reimbursements totaled approximately $0.2 million and $0.2 million , respectively, during the six months ended June 30, 2015 and 2014 . The fees payable under the Management Services Agreement are subject to an annual review and such adjustments as may be agreed upon by SP Corporate and the Company. The Management Services Agreement has a term of one year and automatically renews for successive one-year periods unless and until terminated in accordance with the terms set forth therein, which include, under certain circumstances, the payment by the Company of a termination fee to SP Corporate.

Reportable Segments

Reportable Segments	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Reportable Segments	Reportable Segments HNH is a diversified holding company whose strategic business units encompass the following segments: Joining Materials, Tubing, Building Materials and Kasco. For a more complete description of the Company's segments, see "Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations - The Company." Management has determined that certain operating companies should be aggregated and presented within a single segment on the basis that such segments have similar economic characteristics and share other qualitative characteristics. Management reviews net sales, gross profit and operating income to evaluate segment performance. Operating income for the segments generally includes costs directly attributable to the segment and excludes other unallocated general corporate expenses. Interest expense, other income and expense, and income taxes are not presented by segment since they are excluded from the measures of segment profitability reviewed by the Company's management. The following table presents information about the Company's reportable segments for the three and six months ended June 30, 2015 and 2014 : Income Statement Data Three Months Ended Six Months Ended (in thousands) June 30, June 30, 2015 2014 2015 2014 Net sales: Joining Materials $ 50,941 $ 56,462 $ 98,735 $ 108,175 Tubing 20,870 21,361 41,949 42,066 Building Materials 79,378 76,301 134,365 124,833 Kasco 15,286 14,421 29,408 28,958 Total net sales $ 166,475 $ 168,545 $ 304,457 $ 304,032 Segment operating income: Joining Materials $ 5,594 $ 6,387 $ 11,841 $ 11,897 Tubing 3,346 3,806 6,426 6,874 Building Materials 12,025 11,917 15,258 14,926 Kasco 836 659 1,699 1,385 Total segment operating income 21,801 22,769 35,224 35,082 Unallocated corporate expenses and non-operating units (4,602 ) (4,106 ) (10,561 ) (9,983 ) Unallocated pension expense (2,072 ) (1,105 ) (4,145 ) (2,210 ) Gain from asset dispositions 85 27 140 49 Operating income 15,212 17,585 20,658 22,938 Interest expense (1,107 ) (1,603 ) (2,275 ) (3,149 ) Realized and unrealized gain (loss) on derivatives 312 (606 ) 105 (466 ) Other expense (113 ) (77 ) (204 ) (146 ) Income from continuing operations before tax and equity investment $ 14,304 $ 15,299 $ 18,284 $ 19,177

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2015
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Effective July 2, 2015, H&H Group completed its acquisition of JPS pursuant to the Agreement and Plan of Merger, dated as of May 31, 2015 ("Merger Agreement"), by and among the Company, H&H Group, HNH Group Acquisition LLC, a Delaware limited liability company and a subsidiary of H&H Group ("H&H Acquisition Sub"), HNH Group Acquisition Sub LLC, a Delaware limited liability company and a wholly owned subsidiary of H&H Acquisition Sub ("Sub"), and JPS. JPS is a major U.S. manufacturer of mechanically formed glass and aramid substrate materials for specialty applications in a wide expanse of markets requiring highly engineered components. At the effective time of the Merger (as defined below), Sub was merged with and into JPS ("Merger"), with JPS being the surviving corporation in the Merger, and each outstanding share of JPS common stock (other than shares held by the Company and its affiliates, including SPH Group Holdings LLC ("SPH Group Holdings"), a subsidiary of Steel Partners Holdings L.P., the parent company of the Company, and a significant stockholder of JPS), was converted into the right to receive $11.00 in cash. The aggregate merger consideration of $70.3 million was funded primarily by H&H Group and also by SPH Group Holdings. H&H Group's funding of the aggregate merger consideration totals approximately $65.7 million , financed through additional borrowings under the Company's Senior Credit Facility. As a result of the closing of the Merger, JPS is indirectly owned by both H&H Group and SPH Group Holdings. Following the expiration of the 20 -day period provided in Section 262(d)(2) of the Delaware General Corporation Law for JPS stockholders to exercise appraisal rights in connection with the Merger, and in accordance with the Exchange Agreement, dated as of May 31, 2015, by and between H&H Group and SPH Group Holdings, the Company will issue ("Issuance") to H&H Group a currently estimated 1,429,407 shares of the Company’s common stock and, following the Issuance, H&H Group will exchange ("Exchange") those newly issued shares of Company common stock for all shares of JPS Common Stock held by SPH Group Holdings. As a result of the Exchange, H&H Group will own 100% of JPS and intends to merge JPS with and into its wholly-owned subsidiary, HNH Acquisition LLC, a Delaware limited liability company, which will be the surviving entity in the merger and be renamed JPS Industries Holdings LLC.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (Topic 606) . The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services, and the guidance defines a five step process to achieve this core principle. The ASU is scheduled to be effective for the Company's 2017 fiscal year, however, the FASB has affirmed its proposal to defer the effective date of the new revenue standard for all entities by one year. The ASU may be applied either (i) retrospectively to each prior reporting period presented with an election for certain specified practical expedients, or (ii) retrospectively with the cumulative effect of initially applying the ASU recognized at the date of initial application, with additional disclosure requirements. The Company is evaluating the potential impact of this new guidance, but does not currently anticipate that the application of ASU No. 2014-09 will have a significant effect on its financial condition, results of operations or its cash flows. We have not yet determined the method by which we will adopt the standard. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory , which requires an entity to measure inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. The amendments do not apply to inventory that is measured using the last-in, first-out ("LIFO") cost method. The Company is currently evaluating the potential impact of this new guidance, which is effective for the Company's 2017 fiscal year.

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	The assets and liabilities of discontinued operations were segregated on the consolidated balance sheet as of December 31, 2014 . No balances from discontinued operations remain at June 30, 2015 . December 31, (in thousands) 2014 Assets of Discontinued Operations: Trade and other receivables, net $ 16,044 Inventories, net 8,294 Prepaid and other current assets 811 Property, plant and equipment, net 24,754 Goodwill 9,298 Other intangibles, net 10,472 Total assets of discontinued operations $ 69,673 Liabilities of Discontinued Operations: Trade payables $ 6,252 Accrued liabilities 3,986 Accrued pension liability 1,794 Other liabilities 1,666 Total liabilities of discontinued operations $ 13,698 The net (loss) income from discontinued operations includes the following: Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2015 2014 2015 2014 Net sales $ — $ 26,946 $ 5,952 $ 53,306 Operating income — 5,671 920 10,008 Interest expense and other income — 3 (10 ) (10 ) Tax provision — 2,001 365 3,536 Income from discontinued operations, net of tax — 3,667 565 6,482 (Loss) gain on disposal of assets (38 ) — 93,416 71 Tax provision 109 — 4,043 29 (Loss) gain on disposal of assets, net of tax (147 ) — 89,373 42 Net (loss) income from discontinued operations $ (147 ) $ 3,667 $ 89,938 $ 6,524

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories, net at June 30, 2015 and December 31, 2014 were comprised of: June 30, December 31, (in thousands) 2015 2014 Finished products $ 24,471 $ 24,424 In-process 12,810 10,310 Raw materials 14,319 12,346 Fine and fabricated precious metals in various stages of completion 20,432 17,094 72,032 64,174 LIFO reserve (190 ) (245 ) Total $ 71,842 $ 63,929
Inventory Supplemental Disclosure	As of June 30, 2015 , customer metal in H&H's custody consisted of 148,478 ounces of silver, 538 ounces of gold and 1,392 ounces of palladium. Supplemental inventory information: June 30, December 31, (in thousands, except per ounce) 2015 2014 Precious metals stated at LIFO cost $ 7,811 $ 4,684 Precious metals stated under non-LIFO cost methods, primarily at fair value $ 12,431 $ 12,165 Market value per ounce: Silver $ 15.79 $ 15.75 Gold $ 1,170.50 $ 1,199.25 Palladium $ 676.00 $ 798.00

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Reconciliation of the change in the carrying value of goodwill	The changes in the net carrying amount of goodwill by reportable segment for the six months ended June 30, 2015 were as follows (in thousands): Segment Balance at January 1, 2015 Foreign Currency Translation Adjustments Additions Adjustments Balance at Accumulated Joining Materials $ 16,238 $ (22 ) $ — $ — $ 16,216 $ — Tubing 1,895 — — — 1,895 — Building Materials 50,120 — 21,268 — 71,388 — Total $ 68,253 $ (22 ) $ 21,268 $ — $ 89,499 $ —
Summary of Other Intangible Assets	Other intangible assets as of June 30, 2015 and December 31, 2014 consisted of: (in thousands) June 30, 2015 December 31, 2014 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Customer relationships $ 31,977 $ (9,509 ) $ 22,468 $ 31,977 $ (8,524 ) $ 23,453 Trademarks, trade names and brand names 8,419 (2,254 ) 6,165 8,419 (2,004 ) 6,415 Patents and patent applications 5,488 (2,422 ) 3,066 5,354 (2,229 ) 3,125 Non-compete agreements 774 (691 ) 83 709 (671 ) 38 Other 5,653 (1,304 ) 4,349 1,358 (1,051 ) 307 Total $ 52,311 $ (16,180 ) $ 36,131 $ 47,817 $ (14,479 ) $ 33,338

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Equity Method Investments	Summarized unaudited information as to assets, liabilities and results of operations of ModusLink for the quarter ended April 30, 2015, its most recently completed fiscal quarter, and the comparable prior periods are as follows: April 30, July 31, (in thousands) 2015 2014 Current assets $ 438,875 $ 405,768 Non-current assets $ 36,700 $ 45,878 Current liabilities $ 238,811 $ 198,594 Non-current liabilities $ 84,718 $ 81,434 Stockholders' equity $ 152,046 $ 171,618 Three Months Ended Six Months Ended April 30, April 30, (in thousands) 2015 2014 2015 2014 Net revenue $ 106,234 $ 173,274 $ 254,544 $ 367,285 Gross profit $ 9,012 $ 15,699 $ 25,606 $ 38,279 Loss from continuing operations $ (12,106 ) $ (9,478 ) $ (13,662 ) $ (8,415 ) Net loss $ (12,106 ) $ (9,478 ) $ (13,662 ) $ (8,414 )

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Debt	Debt at June 30, 2015 and December 31, 2014 was as follows: June 30, December 31, (in thousands) 2015 2014 Short-term debt Foreign $ 835 $ 602 Long-term debt Revolving facilities 81,900 193,375 Other H&H debt - domestic 7,839 8,014 Foreign loan facilities 1,340 1,412 Sub total 91,079 202,801 Less portion due within one year 6,256 6,378 Total long-term debt 84,823 196,423 Total debt $ 91,914 $ 203,403

Derivative Instruments (Tables)

Derivative Instruments (Tables)	6 Months Ended
	Jun. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Forward and Future Contracts	As of June 30, 2015 , the Company had the following outstanding forward contracts with settlement dates through September 2015. There were no futures contracts outstanding at June 30, 2015 . Notional Value Commodity Amount ($ in millions) Silver 885,000 ounces $ 14.0 Gold 1,100 ounces $ 1.3 Copper 350,000 pounds $ 0.9 Tin 40 metric tons $ 0.6
Effect of Derivative Instruments on the Consolidated Statements of Operations	Effect of Derivative Instruments in the Consolidated Income Statements - Income/(Expense) (in thousands) Three Months Ended Six Months Ended June 30, June 30, Derivative Income Statement Line 2015 2014 2015 2014 Commodity contracts Cost of goods sold $ 893 $ (783 ) $ (21 ) $ (909 ) Total derivatives designated as hedging instruments 893 (783 ) (21 ) (909 ) Commodity contracts Cost of goods sold 131 (6 ) 278 (27 ) Commodity contracts Realized and unrealized gain (loss) on derivatives 312 (606 ) 105 (466 ) Interest rate swap agreements Interest expense (18 ) (80 ) (63 ) (125 ) Total derivatives not designated as hedging instruments 425 (692 ) 320 (618 ) Total derivatives $ 1,318 $ (1,475 ) $ 299 $ (1,527 )
Derivative Instruments in the Consolidated Balance Sheets, Fair Value	Fair Value of Derivative Instruments on the Consolidated Balance Sheets - Asset/(Liability) (in thousands) June 30, December 31, Derivative Balance Sheet Location 2015 2014 Commodity contracts Prepaid and other current assets $ 603 $ 667 Total derivatives designated as hedging instruments 603 667 Commodity contracts Prepaid and other current assets 243 97 Interest rate swap agreements Other liabilities (103 ) (138 ) Total derivatives not designated as hedging instruments 140 (41 ) Total derivatives $ 743 $ 626

Pension and Other Post-Retire34

Pension and Other Post-Retirement Benefits (Tables)	6 Months Ended
	Jun. 30, 2015
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Schedule of Defined Benefit Plans Disclosures	The following table presents the components of net periodic pension expense for the Company's pension plan for the three and six months ended June 30, 2015 and 2014 : Three Months Ended Six Months Ended June 30, June 30, (in thousands) 2015 2014 2015 2014 Interest cost $ 4,760 $ 5,248 $ 9,520 $ 10,496 Expected return on plan assets (5,518 ) (6,050 ) (11,035 ) (12,100 ) Amortization of actuarial loss 2,830 1,907 5,660 3,814 Total $ 2,072 $ 1,105 $ 4,145 $ 2,210

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Jun. 30, 2015
Stockholders' Equity Note [Abstract]
Schedule of Accumulated Other Comprehensive Loss	Changes, net of tax, in accumulated other comprehensive loss and its components follow: (in thousands) Foreign Currency Translation Adjustments Changes in Net Pension and Other Benefit Obligations Total Balance at December 31, 2014 $ (1,957 ) $ (233,865 ) $ (235,822 ) Current period (loss) income (1,050 ) 1,627 577 Balance at June 30, 2015 $ (3,007 ) $ (232,238 ) $ (235,245 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	Restricted stock activity under the 2007 Plan was as follows for the six months ended June 30, 2015 : Employees and Service (shares) Providers Directors Total Balance, January 1, 2015 616,248 785,000 1,401,248 Granted 12,439 40,275 52,714 Forfeited (7,854 ) — (7,854 ) Reduced for income tax obligations (41,401 ) — (41,401 ) Balance, June 30, 2015 579,432 825,275 1,404,707 Vested 492,960 785,733 1,278,693 Non-vested 86,472 39,542 126,014

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic, by Common Class, Including Two Class Method	The computation of basic earnings per share of common stock is calculated by dividing net income by the weighted-average number of shares of the Company's common stock outstanding, as follows: Three Months Ended June 30, Six Months Ended June 30, (in thousands, except per share) 2015 2014 2015 2014 Income from continuing operations, net of tax $ 6,276 $ 7,409 $ 9,534 $ 4,182 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Income from continuing operations, net of tax, per share $ 0.58 $ 0.56 $ 0.88 $ 0.32 Net (loss) income from discontinued operations $ (147 ) $ 3,667 $ 89,938 $ 6,524 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Discontinued operations, net of tax, per share $ (0.01 ) $ 0.28 $ 8.35 $ 0.50 Net income $ 6,129 $ 11,076 $ 99,472 $ 10,706 Weighted-average number of common shares outstanding 10,784 13,114 10,782 13,055 Net income per share $ 0.57 $ 0.84 $ 9.23 $ 0.82

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following table summarizes the Company's assets and liabilities that are measured at fair value on a recurring basis as of June 30, 2015 and December 31, 2014 : Asset (Liability) as of June 30, 2015 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 29,529 $ 29,529 $ — $ — Precious metal and commodity inventories recorded at fair value $ 13,195 $ 13,195 $ — $ — Commodity contracts on precious metal and commodity inventories $ 846 $ — $ 846 $ — Interest rate swap agreements $ (103 ) $ — $ (103 ) $ — Asset (Liability) as of December 31, 2014 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 23,936 $ 23,936 $ — $ — Precious metal and commodity inventories recorded at fair value $ 13,249 $ 13,249 $ — $ — Commodity contracts on precious metal and commodity inventories $ 764 $ 764 $ — $ — Interest rate swap agreements $ (138 ) $ — $ (138 ) $ —

Reportable Segments (Tables)

Reportable Segments (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	The following table presents information about the Company's reportable segments for the three and six months ended June 30, 2015 and 2014 : Income Statement Data Three Months Ended Six Months Ended (in thousands) June 30, June 30, 2015 2014 2015 2014 Net sales: Joining Materials $ 50,941 $ 56,462 $ 98,735 $ 108,175 Tubing 20,870 21,361 41,949 42,066 Building Materials 79,378 76,301 134,365 124,833 Kasco 15,286 14,421 29,408 28,958 Total net sales $ 166,475 $ 168,545 $ 304,457 $ 304,032 Segment operating income: Joining Materials $ 5,594 $ 6,387 $ 11,841 $ 11,897 Tubing 3,346 3,806 6,426 6,874 Building Materials 12,025 11,917 15,258 14,926 Kasco 836 659 1,699 1,385 Total segment operating income 21,801 22,769 35,224 35,082 Unallocated corporate expenses and non-operating units (4,602 ) (4,106 ) (10,561 ) (9,983 ) Unallocated pension expense (2,072 ) (1,105 ) (4,145 ) (2,210 ) Gain from asset dispositions 85 27 140 49 Operating income 15,212 17,585 20,658 22,938 Interest expense (1,107 ) (1,603 ) (2,275 ) (3,149 ) Realized and unrealized gain (loss) on derivatives 312 (606 ) 105 (466 ) Other expense (113 ) (77 ) (204 ) (146 ) Income from continuing operations before tax and equity investment $ 14,304 $ 15,299 $ 18,284 $ 19,177

Acquisitions Narrative (Details

Acquisitions Narrative (Details) - USD ($) $ in Thousands	Mar. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Goodwill		$ 89,499	$ 68,253
OMG | ITW
Business Acquisition [Line Items]
Purchase price	$ 27,400
Working capital adjustments	400
Net working capital	1,700
Plant and equipment	100
Intangible assets	4,400
Goodwill	$ 21,300

Discontinued Operations Narrati

Discontinued Operations Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 18, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Effective tax rate (as a percent)	41.00%	43.50%	41.10%	44.10%
H&H Group and Bairnco | Arlon
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal price					$ 157
Deferred tax liabilities	$ 7.6		$ 7.6
Effective tax rate (as a percent)			4.30%

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Trade and other receivables, net					$ 16,044
Inventories, net					8,294
Prepaid and other current assets					811
Property, plant and equipment, net					24,754
Goodwill					9,298
Other intangibles, net					10,472
Total assets of discontinued operations					69,673
Trade payables					6,252
Accrued liabilities					3,986
Accrued pension liability					1,794
Other liabilities					1,666
Total liabilities of discontinued operations	$ 0		$ 0		$ 13,698
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales	0	$ 26,946	5,952	$ 53,306
Operating income	0	5,671	920	10,008
Interest expense and other income	0	3	(10)	(10)
Tax provision	0	2,001	365	3,536
Income from discontinued operations, net of tax	0	3,667	565	6,482
(Loss) gain on disposal of assets	(38)	0	93,416	71
Tax provision	109	0	4,043	29
(Loss) gain on disposal of assets, net of tax	(147)	0	89,373	42
Net (loss) income from discontinued operations	$ (147)	$ 3,667	$ 89,938	$ 6,524

Inventories Summary of Inventor

Inventories Summary of Inventories (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Finished products	$ 24,471	$ 24,424
In-process	12,810	10,310
Raw materials	14,319	12,346
Fine and fabricated precious metals in various stages of completion	20,432	17,094
Inventory, before LIFO reserve	72,032	64,174
LIFO reserve	(190)	(245)
Total	$ 71,842	$ 63,929

Inventories Narrative (Details)

Inventories Narrative (Details)	Jun. 30, 2015oz
Inventory Disclosure [Abstract]
Customer metal, ounces of silver (in ounces)	148,478
Customer metal, ounces of gold (in ounces)	538
Customer metal, ounces of palladium (in ounces)	1,392

Inventories Supplemental Invent

Inventories Supplemental Inventory Information (Details) $ in Thousands	Jun. 30, 2015USD ($)$ / oz	Dec. 31, 2014USD ($)$ / oz
Inventory Disclosure [Abstract]
Precious metals stated at LIFO cost | $	$ 7,811	$ 4,684
Precious metals stated under non-LIFO cost methods, primarily at fair value | $	$ 12,431	$ 12,165
Silver (in dollars per ounce)	15.79	15.75
Gold (in dollars per ounce)	1,170.50	1,199.25
Palladium (in dollars per ounce)	676	798

Goodwill and Other Intangible46

Goodwill and Other Intangibles Changes in Carrying Amount of Goodwill (Details) - Jun. 30, 2015 - USD ($) $ in Thousands	Total
Goodwill [Roll Forward]
Balance at beginning of period	$ 68,253
Foreign Currency Translation Adjustments	(22)
Additions	21,268
Adjustments	0
Balance at end of period	89,499
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	0
Joining Materials
Goodwill [Roll Forward]
Balance at beginning of period	16,238
Foreign Currency Translation Adjustments	(22)
Additions	0
Adjustments	0
Balance at end of period	16,216
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	0
Tubing
Goodwill [Roll Forward]
Balance at beginning of period	1,895
Foreign Currency Translation Adjustments	0
Additions	0
Adjustments	0
Balance at end of period	1,895
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	0
Building Materials
Goodwill [Roll Forward]
Balance at beginning of period	50,120
Foreign Currency Translation Adjustments	0
Additions	21,268
Adjustments	0
Balance at end of period	71,388
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	$ 0

Goodwill and Other Intangible47

Goodwill and Other Intangibles Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Mar. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Cost	$ 52,311		$ 52,311			$ 47,817
Accumulated Amortization	(16,180)		(16,180)			(14,479)
Net	36,131		36,131			33,338
Additions			21,268
Amortization of Deferred Charges [Abstract]
Amortization expense of other intangible assets	900	$ 800	1,700	$ 1,600
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost	31,977		31,977			31,977
Accumulated Amortization	(9,509)		(9,509)			(8,524)
Net	22,468		22,468			23,453
Trademarks, trade names and brand names
Finite-Lived Intangible Assets [Line Items]
Cost	8,419		8,419			8,419
Accumulated Amortization	(2,254)		(2,254)			(2,004)
Net	6,165		6,165			6,415
Patents and patent applications
Finite-Lived Intangible Assets [Line Items]
Cost	5,488		5,488			5,354
Accumulated Amortization	(2,422)		(2,422)			(2,229)
Net	3,066		3,066			3,125
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Cost	774		774			709
Accumulated Amortization	(691)		(691)			(671)
Net	83		83			38
Other
Finite-Lived Intangible Assets [Line Items]
Cost	5,653		5,653			1,358
Accumulated Amortization	(1,304)		(1,304)			(1,051)
Net	$ 4,349		4,349			$ 307
Building Materials
Finite-Lived Intangible Assets [Line Items]
Additions			$ 21,268
OMG | ITW
Finite-Lived Intangible Assets [Line Items]
Intangible assets					$ 4,400

Investments Narrative (Details)

Investments Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Schedule of Equity Method Investments [Line Items]
Investment in associated company	$ 29,529	$ 23,936
ModusLink | Handy & Harman Ltd.
Schedule of Equity Method Investments [Line Items]
Number of shares owned (in shares)	8,436,715	6,383,005
ModusLink | SPLP
Schedule of Equity Method Investments [Line Items]
Number of shares owned (in shares)	16,476,730
Ownership percentage (as a percent)	31.50%
ModusLink | SPH GP
Schedule of Equity Method Investments [Line Items]
Number of warrants purchased (in shares)	2,000,000
Exercise price of rights (in dollars per share)	$ 5
Fair Value, Measurements, Recurring | Level 1 | ModusLink
Schedule of Equity Method Investments [Line Items]
Investment in associated company	$ 29,500	$ 23,900

Investments Summarized Informat

Investments Summarized Information (Details) - ModusLink - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2015	Apr. 30, 2014	Jul. 31, 2014
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]
Current assets	$ 438,875		$ 438,875		$ 405,768
Non-current assets	36,700		36,700		45,878
Current liabilities	238,811		238,811		198,594
Non-current liabilities	84,718		84,718		81,434
Stockholders' equity	152,046		152,046		$ 171,618
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Net revenue	106,234	$ 173,274	254,544	$ 367,285
Gross profit	9,012	15,699	25,606	38,279
Loss from continuing operations	(12,106)	(9,478)	(13,662)	(8,415)
Net loss	$ (12,106)	$ (9,478)	$ (13,662)	$ (8,414)

Debt Schedule of Debt (Details)

Debt Schedule of Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Short-term debt
Short-term debt	$ 835	$ 602
Long-term debt
Long-term debt	91,079	202,801
Less portion due within one year	6,256	6,378
Total long-term debt	84,823	196,423
Total debt	91,914	203,403
Revolving facilities
Long-term debt
Long-term debt	81,900	193,375
Other H&H debt - domestic
Long-term debt
Long-term debt	7,839	8,014
Foreign loan facilities
Long-term debt
Long-term debt	$ 1,340	$ 1,412

Debt Senior Credit Facility (De

Debt Senior Credit Facility (Details) - USD ($)	Aug. 05, 2014	Jun. 03, 2014	Jun. 30, 2015	Jan. 22, 2015	Dec. 31, 2014	Aug. 29, 2014	Feb. 28, 2013
Debt Instrument [Line Items]
Long-term debt			$ 91,079,000		$ 202,801,000
Interest rate swap agreements
Debt Instrument [Line Items]
Fixed interest rate (as a percent)			0.598%				0.569%
Notional amount			$ 5,000,000				$ 56,400,000
Decrease in notional amount 2013			100,000				1,100,000
Decrease in notional amount 2014			200,000				1,800,000
Decrease in notional amount 2015			$ 200,000				$ 2,200,000
Senior Notes | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Description of variable rate basis			LIBOR
Senior Notes | U.S. Base Rate
Debt Instrument [Line Items]
Description of variable rate basis			Base Rate
Loans Payable | Revolving facilities
Debt Instrument [Line Items]
Long-term debt	$ 40,000,000		$ 110,000,000
Distributions	$ 80,000,000
Revolving facilities | Line of Credit
Debt Instrument [Line Items]
Revolving credit facility						$ 365,000,000
Weighted average interest rate (as a percent)			1.97%
Remaining borrowing capacity			$ 153,800,000
Revolving facilities | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			1.75%
Revolving facilities | Line of Credit | U.S. Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)			0.75%
Revolving facilities | Line of Credit | Sublimit for Issuance of Letters of Credit
Debt Instrument [Line Items]
Revolving credit facility						20,000,000
Revolving facilities | Line of Credit | Sublimit for the Issuance of Swing Loans
Debt Instrument [Line Items]
Revolving credit facility						$ 20,000,000
Revolving facilities | Line of Credit | Limit for Purchase of Shares
Debt Instrument [Line Items]
Revolving credit facility				$ 71,000,000
WHX CS Corp. | WHX CS Loan
Debt Instrument [Line Items]
Description of variable rate basis			LIBOR
Basis spread on variable rate (as a percent)		1.25%
Long-term debt		$ 15,000,000

Derivative Instruments Outstand

Derivative Instruments Outstanding Forward Contracts (Details) - Jun. 30, 2015 - Forward Contracts $ in Millions	USD ($)Tozlb
Total derivatives not designated as hedging instruments | Silver, Ounces
Derivative [Line Items]
Amount | oz	885,000
Notional Value	$ 14
Total derivatives not designated as hedging instruments | Gold, Ounces
Derivative [Line Items]
Amount | oz	1,100
Notional Value	$ 1.3
Total derivatives not designated as hedging instruments | Copper, Pounds
Derivative [Line Items]
Amount | lb	350,000
Notional Value	$ 0.9
Total derivatives not designated as hedging instruments | Tin, Tons
Derivative [Line Items]
Amount | T	40
Notional Value	$ 0.6
Total derivatives designated as hedging instruments | Silver and Copper, Ounces
Derivative [Line Items]
Amount | oz	650,000

Derivative Instruments Effects

Derivative Instruments Effects of Derivative Instruments in the Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	$ 312	$ (606)	$ 105	$ (466)
Total Impact on Derivative Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	1,318	(1,475)	299	(1,527)
Total derivatives designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	893	(783)	(21)	(909)
Total derivatives designated as hedging instruments | Commodity contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	893	(783)	(21)	(909)
Total derivatives not designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	425	(692)	320	(618)
Total derivatives not designated as hedging instruments | Commodity contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	131	(6)	278	(27)
Total derivatives not designated as hedging instruments | Commodity contracts | Realized and unrealized gain (loss) on derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	312	(606)	105	(466)
Total derivatives not designated as hedging instruments | Interest rate swap agreements | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	$ (18)	$ (80)	$ (63)	$ (125)

Derivative Instruments Fair Val

Derivative Instruments Fair Value of Derivative Instruments on the Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Derivatives, Fair Value [Line Items]
Total derivatives	$ 743	$ 626
Total derivatives designated as hedging instruments
Derivatives, Fair Value [Line Items]
Total derivatives	603	667
Total derivatives designated as hedging instruments | Commodity contracts | Prepaid and other current assets
Derivatives, Fair Value [Line Items]
Total derivatives	603	667
Total derivatives not designated as hedging instruments
Derivatives, Fair Value [Line Items]
Total derivatives	140	(41)
Total derivatives not designated as hedging instruments | Commodity contracts | Prepaid and other current assets
Derivatives, Fair Value [Line Items]
Total derivatives	243	97
Total derivatives not designated as hedging instruments | Interest rate swap agreements | Other liabilities
Derivatives, Fair Value [Line Items]
Total derivatives	$ (103)	$ (138)

Pension and Other Post-Retire55

Pension and Other Post-Retirement Benefits Components of Net Periodic Pension Expense (Details) - Pension Plans - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 4,760	$ 5,248	$ 9,520	$ 10,496
Expected return on plan assets	(5,518)	(6,050)	(11,035)	(12,100)
Amortization of actuarial loss	2,830	1,907	5,660	3,814
Total	$ 2,072	$ 1,105	$ 4,145	$ 2,210

Pension and Other Post-Retire56

Pension and Other Post-Retirement Benefits Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Amortization period for pension plan actuarial losses (in years)			20 years
Pension plan required minimum contributions, 2015			$ 10.3
Pension plan required minimum contributions, 2016			14.3
Pension plan required minimum contributions, 2017			15.3
Pension plan required minimum contributions, 2018			17
Pension plan required minimum contributions, 2019			18.3
Pension plan required minimum contributions, thereafter			56.4
Other Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Aggregate expense of other postretirement benefit plans	$ 0.4	$ 0.5	$ 0.9	$ 0.9

Stockholders' Equity (Details)

Stockholders' Equity (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Accumulated Other Comprehensive Loss
Balance	$ 49,389
Balance	150,609
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Loss
Balance	(1,957)
Current period (loss) income	(1,050)
Balance	(3,007)
Changes in Net Pension and Other Benefit Obligations
Accumulated Other Comprehensive Loss
Balance	(233,865)
Current period (loss) income	1,627
Balance	(232,238)
Total
Accumulated Other Comprehensive Loss
Balance	(235,822)
Current period (loss) income	577
Balance	(235,245)
Arlon | Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Loss
Current period (loss) income	200
Arlon | Changes in Net Pension and Other Benefit Obligations
Accumulated Other Comprehensive Loss
Current period (loss) income	$ 1,600

Stock-Based Compensation Restri

Stock-Based Compensation Restricted Stock Activity (Details) - Jun. 30, 2015 - 2007 Incentive Stock Plan - Restricted Stock - shares	Total
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding (in shares) [Roll Forward]
Balance at beginning of period	1,401,248
Granted	52,714
Forfeited	(7,854)
Reduced for income tax obligations	(41,401)
Balance at end of period	1,404,707
Vested (in shares)	1,278,693
Non-vested (in shares)	126,014
Employees and Service Providers
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding (in shares) [Roll Forward]
Balance at beginning of period	616,248
Granted	12,439
Forfeited	(7,854)
Reduced for income tax obligations	(41,401)
Balance at end of period	579,432
Vested (in shares)	492,960
Non-vested (in shares)	86,472
Directors
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding (in shares) [Roll Forward]
Balance at beginning of period	785,000
Granted	40,275
Forfeited	0
Reduced for income tax obligations	0
Balance at end of period	825,275
Vested (in shares)	785,733
Non-vested (in shares)	39,542

Stock-Based Compensation Narrat

Stock-Based Compensation Narrative (Details) - 2007 Incentive Stock Plan - Restricted Stock - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for grant, restricted shares (in shares)			52,714
Non-cash stock based compensation	$ 0.7	$ 1.3	$ 2.1	$ 2.4
Unearned compensation expense, restricted shares	$ 2.6		$ 2.6
Estimated forfeiture rate, restricted shares (as a percent)	5.00%		5.00%
Employees and Service Providers
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for grant, restricted shares (in shares)			12,439
Award vesting period (in years)			3 years
Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for grant, restricted shares (in shares)			40,275
Award vesting period (in years)			1 year

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Tax provision	$ 5,867	$ 6,648	$ 7,511	$ 8,455
Effective tax rate (as a percent)	41.00%	43.50%	41.10%	44.10%

Earnings Per Share Computation

Earnings Per Share Computation of Basic Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Income from continuing operations, net of tax	$ 6,276	$ 7,409	$ 9,534	$ 4,182
Weighted-average number of common shares outstanding (in shares)	10,784	13,114	10,782	13,055
Income from continuing operations, net of tax, per share (in dollars per share)	$ 0.58	$ 0.56	$ 0.88	$ 0.32
Net (loss) income from discontinued operations	$ (147)	$ 3,667	$ 89,938	$ 6,524
Discontinued operations, net of tax, per share (in dollars shares)	$ (0.01)	$ 0.28	$ 8.35	$ 0.50
Net income	$ 6,129	$ 11,076	$ 99,472	$ 10,706
Net income per common share (in dollars per share)	$ 0.57	$ 0.84	$ 9.23	$ 0.82

Earnings Per Share Narrative (D

Earnings Per Share Narrative (Details)	6 Months Ended
	Jun. 30, 2015shares
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding options excluded from diluted earnings per share calculation due to anti-dilutive effect (in shares)	35,600

Fair Value Measurements Assets

Fair Value Measurements Assets and Liabilities Measured at Fair Value (Details) - Recurring - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	$ 29,529	$ 23,936
Precious metal and commodity inventories recorded at fair value	13,195	13,249
Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	846	764
Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	(103)	(138)
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	29,529	23,936
Precious metal and commodity inventories recorded at fair value	13,195	13,249
Level 1 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	0	764
Level 1 | Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	0	0
Precious metal and commodity inventories recorded at fair value	0	0
Level 2 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	846	0
Level 2 | Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	(103)	(138)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	0	0
Precious metal and commodity inventories recorded at fair value	0	0
Level 3 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	0	0
Level 3 | Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	$ 0	$ 0

Fair Value Measurements Narrati

Fair Value Measurements Narrative (Details) $ in Millions	Jun. 30, 2015USD ($)
Non-current Assets
Derivatives, Fair Value [Line Items]
Long-lived assets, currently not in use	$ 8.4

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	3 Months Ended	6 Months Ended
	Mar. 31, 2015	Jun. 30, 2015	Dec. 31, 2014
Environmetal Remediation Obligations [Line Items]
Accrued environmental liabilities		$ 2,018,000	$ 2,424,000
Insurance reimbursements	$ 1,200,000
Costs | Second Joint Venture Partner of Former Owner / Operator
Environmetal Remediation Obligations [Line Items]
Ownership responsibility for site investigation and remediation costs, percentage allocation (as a percent)		37.50%
Environmental and Other Matters | Sold Parcel
Environmetal Remediation Obligations [Line Items]
Remediation cost, expected cost		$ 100,000
Environmental and Other Matters | Costs | Former Owner / Operator [Member]
Environmetal Remediation Obligations [Line Items]
Ownership responsibility for site investigation and remediation costs, percentage allocation (as a percent)		75.00%
Environmental remediation expense		$ 4,600,000
Environmental and Other Matters | Costs | First Joint Venture Partner of Former Owner / Operator
Environmetal Remediation Obligations [Line Items]
Ownership responsibility for site investigation and remediation costs, percentage allocation (as a percent)		37.50%
Environmental and Other Matters | Costs | Hhem and HandH
Environmetal Remediation Obligations [Line Items]
Ownership responsibility for site investigation and remediation costs, percentage allocation (as a percent)		25.00%
Environmental loss contingencies, payments		$ 1,000,000
Environmental remediation expense		1,500,000
Environmental and Other Matters | Industrial Property
Environmetal Remediation Obligations [Line Items]
Cost of additional work		$ 200,000

Related Party Transactions Narr

Related Party Transactions Narrative (Details) - USD ($) $ in Thousands	May. 02, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
SPH Group Holding LLC
Related Party Transaction [Line Items]
Common stock - outstanding (in shares)		7,131,185		7,131,185
Ownership interest (as a percent)				66.10%
Affiliated Entity
Related Party Transaction [Line Items]
Related party management services fees and other arrangements				$ 8,890
Management fee term (in years)				1 year
SP Corporate
Related Party Transaction [Line Items]
Related party management services fees and other arrangements		$ 200	$ 100	$ 200	$ 200
Corporate Services Fee | Affiliated Entity
Related Party Transaction [Line Items]
Related party management services fees and other arrangements	$ 7,150			8,810
Executive Services Fee | Affiliated Entity
Related Party Transaction [Line Items]
Related party management services fees and other arrangements				$ 1,740

Reportable Segments (Details)

Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Net sales	$ 166,475	$ 168,545	$ 304,457	$ 304,032
Segment operating income:	15,212	17,585	20,658	22,938
Unallocated pension expense	(2,072)	(1,105)	(4,145)	(2,210)
Interest expense	(1,107)	(1,603)	(2,275)	(3,149)
Realized and unrealized gain (loss) on derivatives	312	(606)	105	(466)
Other expense	(113)	(77)	(204)	(146)
Income from continuing operations before tax and equity investment	14,304	15,299	18,284	19,177
Joining Materials
Segment Reporting Information [Line Items]
Net sales	50,941	56,462	98,735	108,175
Segment operating income:	5,594	6,387	11,841	11,897
Tubing
Segment Reporting Information [Line Items]
Net sales	20,870	21,361	41,949	42,066
Segment operating income:	3,346	3,806	6,426	6,874
Building Materials
Segment Reporting Information [Line Items]
Net sales	79,378	76,301	134,365	124,833
Segment operating income:	12,025	11,917	15,258	14,926
Kasco
Segment Reporting Information [Line Items]
Net sales	15,286	14,421	29,408	28,958
Segment operating income:	836	659	1,699	1,385
Total segment operating income
Segment Reporting Information [Line Items]
Segment operating income:	21,801	22,769	35,224	35,082
Reconciling Items
Segment Reporting Information [Line Items]
Segment operating income:	(4,602)	(4,106)	(10,561)	(9,983)
Unallocated pension expense	(2,072)	(1,105)	(4,145)	(2,210)
Gain from asset dispositions	$ 85	$ 27	$ 140	$ 49

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	Jul. 28, 2015	Jul. 02, 2015	Jun. 30, 2015	Jun. 30, 2014
Subsequent Event [Line Items]
Payments to acquire business			$ 27,440	$ 0
Subsequent Event | HNH Group Acquisition LLC | JPS Industries, Inc.
Subsequent Event [Line Items]
Share price (in dollars per share)		$ 11
Payments to acquire business		$ 65,700
Expiration period (in days)	20 days
Percentage of voting interest acquired	100.00%
Subsequent Event | SPH Group Holding LLC | JPS Industries, Inc.
Subsequent Event [Line Items]
Payments to acquire business		$ 70,300
Number of shares tendered	1,429,407