Handy & Harman 10-Q 1 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Oct. 31, 2016
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	Sep. 30, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		12,240,736

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents	$ 26,845	$ 23,728
Trade and other receivables - net of allowance for doubtful accounts of $2,274 and $1,451, respectively	130,484	74,375
Inventories, net	109,812	82,804
Prepaid and other current assets	7,784	9,295
Total current assets	274,925	190,202
Property, plant and equipment at cost, less accumulated depreciation	130,539	112,686
Goodwill	208,663	121,829
Other intangibles, net	150,884	43,117
Investment in associated company	12,908	20,923
Deferred income tax assets	89,228	120,149
Other non-current assets	11,217	15,767
Total assets	878,364	624,673
Current Liabilities:
Trade payables	64,422	34,466
Accrued liabilities	43,865	31,497
Accrued environmental liabilities	5,519	2,531
Short-term debt	569	742
Current portion of long-term debt	3,192	1,720
Total current liabilities	117,567	70,956
Long-term debt	299,673	97,106
Accrued pension liabilities	259,106	265,566
Other post-retirement benefit obligations	3,806	2,624
Deferred income tax liabilities	456	402
Other non-current liabilities	5,244	3,479
Total liabilities	685,852	440,133
Commitments and Contingencies
Stockholders' Equity:
Common stock - $.01 par value; authorized 180,000 shares; issued 13,627 and 13,579 shares, respectively	136	136
Accumulated other comprehensive loss	(259,587)	(259,392)
Additional paid-in capital	587,501	586,693
Treasury stock, at cost - 1,386 and 1,371 shares, respectively	(34,852)	(34,454)
Accumulated deficit	(100,686)	(108,443)
Total stockholders' equity	192,512	184,540
Total liabilities and stockholders' equity	$ 878,364	$ 624,673

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$ 2,274	$ 1,451
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)	13,627	13,579
Treasury stock - number of shares (in shares)	1,386	1,371

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Income Statement [Abstract]
Net sales	$ 230,760	$ 181,139	$ 592,437	$ 485,596
Cost of goods sold	165,085	134,034	431,082	351,937
Gross profit	65,675	47,105	161,355	133,659
Selling, general and administrative expenses	46,681	29,375	116,298	91,125
Pension expense	1,821	1,761	6,104	5,906
Asset impairment charges	1,990	0	8,990	0
Operating income	15,183	15,969	29,963	36,628
Other:
Interest expense	2,071	1,208	4,486	3,483
Realized and unrealized loss (gain) on derivatives	275	(168)	814	(273)
Other (income) expense	(179)	113	65	318
Income from continuing operations before tax and equity investment	13,016	14,816	24,598	33,100
Tax provision	6,790	6,351	11,788	13,862
(Gain) loss from associated company, net of tax	(1,809)	4,047	5,053	5,286
Income from continuing operations, net of tax	8,035	4,418	7,757	13,952
Discontinued operations:
Income from discontinued operations, net of tax	0	0	0	565
Gain on disposal of assets, net of tax	0	195	0	89,568
Net income from discontinued operations	0	195	0	90,133
Net income	$ 8,035	$ 4,613	$ 7,757	$ 104,085
Basic and diluted income per share of common stock
Income from continuing operations, net of tax, per share (in dollars per share)	$ 0.66	$ 0.37	$ 0.63	$ 1.26
Discontinued operations, net of tax, per share (in dollars shares)	0	0.02	0	8.12
Net income per common share (in dollars per share)	$ 0.66	$ 0.39	$ 0.63	$ 9.38
Weighted-average number of common shares outstanding (in shares)	12,242	11,729	12,242	11,101

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 8,035	$ 4,613	$ 7,757	$ 104,085
Other comprehensive (loss) income, net of tax:
Changes in pension liabilities and other post-retirement benefit obligations	0	0	(94)	2,022
Tax effect of changes in pension liabilities and other post-retirement benefit obligations	0	0	0	(395)
Foreign currency translation adjustments	(251)	(421)	(568)	(1,472)
Tax effect of changes in foreign currency translation adjustments	7	219	467	219
Other comprehensive (loss) income	(244)	(202)	(195)	374
Comprehensive income	$ 7,791	$ 4,411	$ 7,562	$ 104,459

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity - 9 months ended Sep. 30, 2016 - 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, 2015		13,579
Balance at Dec. 31, 2015	$ 184,540	$ 136	$ (259,392)	$ 586,693	$ (34,454)	$ (108,443)
Stockholders' Equity Line Items
Amortization, issuance and forfeitures of restricted stock grants (in shares)		48
Amortization, issuance and forfeitures of restricted stock grants	808			808
Changes in pension liabilities and other post-retirement benefit obligations, net of tax	(94)		(94)
Foreign currency translation adjustments	(101)		(101)
Purchases of treasury stock	(398)				(398)
Net income	7,757					7,757
Balance, shares at Sep. 30, 2016		13,627
Balance at Sep. 30, 2016	$ 192,512	$ 136	$ (259,587)	$ 587,501	$ (34,852)	$ (100,686)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities:
Net income	$ 7,757	$ 104,085
Net income from discontinued operations	0	(90,133)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	23,784	12,547
Non-cash stock-based compensation	1,207	2,714
Non-cash loss from investment in associated company, net of tax	5,053	5,286
Amortization of debt issuance costs	829	820
Deferred income taxes	8,342	10,924
Gain from asset dispositions	(362)	(309)
Asset impairment charges	10,398	0
Non-cash (gain) loss from derivatives	(34)	48
Reclassification of net cash settlements on precious metal contracts to investing activities	848	(322)
Change in operating assets and liabilities, net of acquisitions:
Trade and other receivables	(17,301)	(17,620)
Inventories	635	1,516
Prepaid and other current assets	2,181	1,842
Other current liabilities	2,300	(9,853)
Other items, net	(94)	270
Net cash provided by continuing operations	45,543	21,815
Net cash used in discontinued operations	0	(2,266)
Net cash provided by operating activities	45,543	19,549
Cash flows from investing activities:
Additions to property, plant and equipment	(15,407)	(10,871)
Net cash settlements on precious metal contracts	(848)	322
Acquisitions, net of cash acquired	(221,500)	(93,162)
Proceeds from sale of assets	1,819	336
Investments in associated company	0	(7,607)
Proceeds from sale of discontinued operations	0	155,517
Net cash used in investing activities of discontinued operations	0	(75)
Net cash (used in) provided by investing activities	(235,936)	44,460
Cash flows from financing activities:
Net revolver borrowings (repayments)	194,881	(73,709)
Net (repayments) borrowings on loans - foreign	(173)	79
Repayments of term loans - domestic	(336)	(264)
Deferred finance charges	(372)	(404)
Net change in overdrafts	(4)	(486)
Purchases of treasury stock	(398)	0
Other financing activities	47	36
Net cash provided by (used in) financing activities	193,645	(74,748)
Net change for the period	3,252	(10,739)
Effect of exchange rate changes on cash and cash equivalents	(135)	(251)
Cash and cash equivalents at beginning of period	23,728	31,649
Cash and cash equivalents at end of period	26,845	20,659
Interest	3,591	2,562
Taxes	3,651	3,987
Non-cash investing activities:
Exchange of treasury stock for shares of JPS Industries, Inc.	$ 0	$ 48,748

The Company and Nature of Opera

The Company and Nature of Operations	9 Months Ended
	Sep. 30, 2016
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, Performance Materials, Electrical Products, and Kasco Blades and Route Repair Services ("Kasco"). The reported operations of the Electrical Products segment are currently comprised solely of the operations of SL Industries, Inc. ("SLI"), which were acquired on June 1, 2016 as discussed in Note 3 - "Acquisitions." All references herein to "we," "our" or the "Company" refer to HNH together with all its subsidiaries.

Basis Of Presentation

Basis Of Presentation	9 Months Ended
	Sep. 30, 2016
Basis of Presentation [Abstract]
Basis Of Presentation	Basis of Presentation The consolidated balance sheet as of December 31, 2015 , 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, 2015 . 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 nine months ended September 30, 2016 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. In August 2015, the FASB issued ASU No. 2015-14, which deferred the effective date of ASU No. 2014-09 by one year. The ASU, as amended, is effective for the Company's 2018 fiscal year and 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. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments , which eliminates the requirement to restate prior-period financial statements for measurement-period adjustments following a business combination. The new guidance requires that the cumulative impact of a measurement-period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified. The prior-period impact of the adjustment should either be presented separately on the face of the income statement or disclosed in the notes. This new guidance is effective for the Company's 2016 fiscal year. The amendments in this ASU will be applied prospectively to adjustments to provisional amounts that occur in 2016 and thereafter. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new standard establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability, measured on a discounted basis, on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. A modified retrospective transition approach is required for capital and operating leases existing at the date of adoption, with certain practical expedients available. The Company is currently evaluating the potential impact of this new guidance, which is effective for the Company's 2019 fiscal year. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This new standard simplifies the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows, among other things. The new standard is effective for the Company's 2017 fiscal year. The Company is currently evaluating the potential impact of this new guidance. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The new standard changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments, including trade receivables, from an incurred loss model to an expected loss model and adds certain new required disclosures. Under the expected loss model, entities will recognize estimated credit losses to be incurred over the entire contractual term of the instrument rather than delaying recognition of credit losses until it is probable the loss has been incurred. The new standard is effective for the Company's 2020 fiscal year with early adoption permitted for all entities in fiscal years beginning after December 15, 2018. The Company is currently evaluating the potential impact of this new guidance. In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This new standard provides guidance to help decrease diversity in practice in how certain cash receipts and cash payments are classified in the statement of cash flows. The amendments in ASU No. 2016-15 provide guidance on eight specific cash flow issues. The new standard is effective for the Company's 2018 fiscal year. The Company is currently evaluating the potential impact of this new guidance.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions ITW 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 included net working capital of inventories and accrued liabilities; property, plant and equipment; and intangible assets, primarily developed technology, valued at $1.7 million , $0.1 million and $4.4 million , respectively. 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 are reported within the Company's Building Materials segment. In connection with the ITW acquisition, the Company has recorded goodwill totaling approximately $21.3 million , which is expected to be deductible for income tax purposes. JPS Effective July 2, 2015, H&H Group completed the acquisition of JPS Industries, Inc. ("JPS") pursuant to an agreement and plan of merger, dated as of May 31, 2015, 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 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. ("SPLP"), 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 by H&H Group and SPH Group Holdings. H&H Group's funding of the aggregate merger consideration totaled approximately $65.7 million , which was financed through additional borrowings under the Company's senior secured revolving credit facility. As a result of the closing of the Merger, JPS was 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 an exchange agreement, dated as of May 31, 2015, by and between H&H Group and SPH Group Holdings, on July 31, 2015, the Company issued ("Issuance") to H&H Group 1,429,407 shares of the Company's common stock with a value of $48.7 million and, following the Issuance, H&H Group exchanged ("Exchange") those 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 owned 100% of JPS and merged JPS with and into its wholly-owned subsidiary, HNH Acquisition LLC, a Delaware limited liability company, which was the surviving entity in the merger and was renamed JPS Industries Holdings LLC. The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date (in thousands): Cash and cash equivalents $ 22 Trade and other receivables 21,201 Inventories 27,126 Prepaid and other current assets 4,961 Property, plant and equipment 45,384 Goodwill 32,162 Other intangibles 9,120 Deferred income tax assets 19,788 Other non-current assets 3,112 Total assets acquired 162,876 Trade payables (10,674 ) Accrued liabilities (5,838 ) Long-term debt (1,500 ) Accrued pension liabilities (30,367 ) Other non-current liabilities (4 ) Net assets acquired $ 114,493 The goodwill of $32.2 million arising from the acquisition consists largely of the synergies expected from combining the operations of HNH and JPS. The goodwill is assigned to the Company's Performance Materials segment and is not expected to be deductible for income tax purposes. Other intangibles consist primarily of acquired trade names of $4.3 million , customer relationships of $3.1 million and developed technology of $1.7 million . These intangible assets have been assigned useful lives ranging from 10 to 15 years based on the long operating history, broad market recognition and continued demand for the associated brands, and the limited turnover and long-standing relationships JPS has with its existing customer base. The valuations of acquired trade names and developed technology were performed utilizing a relief from royalty method, and significant assumptions used in the valuation included the royalty rate assumed and the expected level of future sales, as well as the rate of technical obsolescence for the developed technology. The acquired customer relationships were valued using an excess earnings approach, and significant assumptions used in the valuation included the customer attrition rate assumed and the expected level of future sales. The amount of net sales and operating loss of the acquired business included in the consolidated income statement for both the three and nine months ended September 30, 2015 were approximately $28.1 million and $2.3 million , respectively, which include $3.3 million of nonrecurring expense related to the fair value adjustment to acquisition-date inventories. The results of operations of the acquired business are reported within the Company's Performance Materials segment, which is currently comprised solely of the operations of JPS. SLI On April 6, 2016, the Company entered into a definitive merger agreement with SLI, pursuant to which it commenced a cash tender offer to purchase all of the outstanding shares of SLI's common stock, at a purchase price of $40.00 per share in cash ("Offer"). SLI designs, manufactures and markets power electronics, motion control, power protection, power quality electromagnetic equipment, and custom gears and gearboxes that are used in a variety of medical, commercial and military aerospace, computer, datacom, industrial, architectural and entertainment lighting, and telecom applications. Consummation of the Offer was subject to certain conditions, including the tender of a number of shares that constituted at least (1) a majority of SLI's outstanding shares and (2) 60% of SLI's outstanding shares not owned by HNH or any of its affiliates, as well as other customary conditions. SPLP beneficially owned approximately 25.1% of SLI's outstanding shares. On June 1, 2016, the conditions noted above, as well as all other conditions to the Offer were satisfied, and the Company successfully completed its tender offer through a wholly owned subsidiary. Pursuant to the terms of the merger agreement, the wholly-owned subsidiary merged with and into SLI, with SLI being the surviving corporation ("SLI Merger"). Upon completion of the SLI Merger, SLI became a wholly owned subsidiary of the Company. The aggregate consideration paid by the Company in the Offer and SLI Merger was approximately $162.0 million , excluding related transaction fees and expenses. The funds necessary to consummate the Offer, the Merger and to pay related fees and expenses were financed with additional borrowings under the Company's senior secured revolving credit facility. The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date on a preliminary basis (in thousands): Cash and cash equivalents $ 4,985 Trade and other receivables 32,544 Inventories 25,960 Prepaid and other current assets 8,455 Property, plant and equipment 23,950 Goodwill 54,317 Other intangibles 87,916 Other non-current assets 825 Total assets acquired 238,952 Trade payables (18,433 ) Accrued liabilities (17,308 ) Long-term debt (9,500 ) Deferred income tax liabilities (26,093 ) Other non-current liabilities (5,633 ) Net assets acquired $ 161,985 The preliminary purchase price allocation is subject to finalization of valuations of certain acquired assets and liabilities. The goodwill of $54.3 million arising from the acquisition consists largely of the synergies expected from combining the operations of HNH and SLI. The goodwill is assigned to the Company's Electrical Products segment and is not expected to be deductible for income tax purposes. Other intangibles consist primarily of acquired trade names of $14.6 million , customer relationships of $59.5 million , developed technology and patents of $10.6 million , and customer order backlog of $3.1 million . The customer order backlog is being amortized based on the expected period over which the orders will be fulfilled, ranging from two to eight months. The remaining intangible assets have been assigned useful lives ranging from 10 to 15 years based on the long operating history, broad market recognition and continued demand for the associated brands, and the limited turnover and long-standing relationships SLI has with its existing customer base. The valuations of acquired trade names, and developed technology and patents were performed utilizing a relief from royalty method, and significant assumptions used in the valuation included the royalty rate assumed and the expected level of future sales, as well as the rate of technical obsolescence for the developed technology and patents. The acquired customer relationships were valued using an excess earnings approach, and significant assumptions used in the valuation included the customer attrition rate assumed and the expected level of future sales. Included in accrued liabilities and other non-current liabilities above is a total of $7.5 million for existing and contingent liabilities relating to SLI's environmental matters, which are further discussed in Note 17 - "Commitments and Contingencies." The amount of net sales and operating income of the acquired business included in the consolidated income statement for the three months ended September 30, 2016 were approximately $48.3 million and $0.2 million . The amount of net sales and operating loss of the acquired business included in the consolidated income statement for the nine months ended September 30, 2016 were approximately $60.1 million and $3.0 million . The operating loss for the nine -month period includes $1.9 million of expenses associated with the amortization of the fair value adjustment to acquisition-date inventories. The operating loss for the nine -month period also includes $1.9 million of expenses associated with the acceleration of SLI's previously outstanding stock-based compensation awards, which became fully vested on the date of acquisition pursuant to the terms of the merger agreement, and which are included in selling, general and administrative expenses in the 2016 consolidated income statements. The reported operations of the Company's Electrical Products segment are currently comprised solely of the operations of SLI. EME On September 30, 2016, SL Montevideo Technology, Inc. ("SMTI"), a subsidiary of SLI, entered into an asset purchase agreement ("Purchase Agreement") with Hamilton Sundstrand Corporation ("Hamilton"). Pursuant to the Purchase Agreement, SMTI acquired from Hamilton certain assets of its Electromagnetic Enterprise division ("EME") used or useful in the design, development, manufacture, marketing, service, distribution, repair and sale of electric motors, starters and generators for certain commercial applications, including for use in commercial hybrid electric vehicles and refrigeration and in the aerospace and defense sectors. The acquisition of EME expands SLI's product portfolio and diversifies its customer base. SMTI purchased the acquired net assets for $64.5 million in cash and assumption of certain ordinary course business liabilities, subject to adjustments related to working capital at closing and quality of earnings of the acquired business for the period of January 1, 2016 to June 30, 2016, each as provided in the Purchase Agreement. The Purchase Agreement includes a guarantee by Hamilton of a minimum level of product purchases from SMTI by an affiliate of Hamilton for calendar years 2017, 2018 and 2019, in exchange for compliance by SMTI with certain operating covenants. The transaction was financed with additional borrowings under the Company's senior secured revolving credit facility. The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date on a preliminary basis (in thousands): Trade and other receivables $ 4,247 Inventories 3,004 Prepaid and other current assets 28 Property, plant and equipment 1,967 Goodwill 32,686 Other intangibles 28,820 Total assets acquired 70,752 Trade payables (3,440 ) Accrued liabilities (2,812 ) Net assets acquired $ 64,500 The preliminary purchase price allocation is subject to finalization of valuations of certain acquired assets and liabilities. The goodwill of $32.7 million arising from the acquisition consists largely of the synergies expected from combining the operations of SLI and EME. The goodwill is assigned to the Company's Electrical Products segment and is expected to be deductible for income tax purposes. Other intangibles consist solely of customer relationships of $28.8 million . These customer relationships have been assigned a useful life of 15 years based on the limited turnover and long-standing relationships EME has with its existing customer base. The acquired customer relationships were valued using an excess earnings approach, and significant assumptions used in the valuation included the customer attrition rate assumed and the expected level of future sales. No net sales or operating income of the acquired business are included in the consolidated income statements for the three or nine months ended September 30, 2016 based on the acquisition date. The future results of operations of the acquired business will be reported within the Company's Electrical Products segment. Pro Forma Disclosures Unaudited pro forma net sales and income from continuing operations, net of tax, of the combined entities is presented below as if JPS had been acquired January 1, 2014, and SLI and EME had both been acquired January 1, 2015. Nine Months Ended September 30, (in thousands, except per share) 2016 2015 Net sales $ 725,738 $ 757,609 Income from continuing operations, net of tax $ 14,706 $ 17,142 Income from continuing operations, net of tax, per share $ 1.20 $ 1.40 Weighted-average number of common shares outstanding 12,242 12,211 This unaudited pro forma data is presented for informational purposes only and does not purport to be indicative of the results of future operations or of the results that would have occurred had the JPS acquisition taken place on January 1, 2014 and both the SLI and EME acquisitions taken place on January 1, 2015. The information for the nine months ended September 30, 2016 and 2015 is based on historical financial information with respect to the acquisitions and does not include operational or other changes which might have been effected by the Company. The supplemental unaudited pro forma earnings for both periods were adjusted to reflect incremental depreciation and amortization expense based on the fair value adjustments for the acquired property, plant and equipment and intangible assets, which are amortized using the double-declining balance method for customer relationships and the straight line method for other intangibles, over periods principally ranging from 10 to 15 years, except for the customer order backlog, which is amortized over periods ranging from two to eight months. The supplemental unaudited pro forma earnings were also adjusted to reflect incremental interest expense on the borrowings made to finance the acquisitions. The supplemental unaudited pro forma earnings exclude a total of $6.9 million of acquisition-related costs incurred by both the Company and the acquired entities during the nine months ended September 30, 2016 . The 2016 supplemental unaudited pro forma earnings further reflect adjustments to exclude $1.9 million of nonrecurring expense related to SLI's amortization of the fair value adjustment to acquisition-date inventories, as well as $1.9 million in expense associated with the acceleration of SLI's previously outstanding stock-based compensation awards. The 2015 supplemental unaudited pro forma earnings were adjusted to include both the fair value adjustment to acquisition-date inventories and the expense associated with the acceleration of SLI's previously outstanding stock-based compensation awards. The 2015 supplemental unaudited pro forma earnings also reflect adjustments to exclude a total of $7.5 million of acquisition-related costs incurred by the Company, JPS and SLI during the nine months of 2015 and $3.3 million of nonrecurring expense related to JPS's amortization of the fair value adjustment to acquisition-date inventories.

Asset Impairment Charges

Asset Impairment Charges	9 Months Ended
	Sep. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Asset Impairment Charges	Asset Impairment Charges In connection with our continued integration of JPS, the Company approved the closure of JPS' Slater, South Carolina operating facility during the second quarter of 2016 and recorded asset impairment charges totaling $7.9 million associated with the planned closure, including write-downs of $6.6 million to property, plant and equipment, and $0.4 million to intangible assets, as well as a $0.9 million inventory write-down, which was recorded in cost of goods sold in the consolidated income statements. Due to improved operational productivity and available capacity at Lucas-Milhaupt facilities, the Company has approved the closure of its Lucas-Milhaupt Gliwice, Poland operating facility as part of its continual focus to optimize infrastructure costs. During the third quarter of 2016, the Company recorded asset impairment charges totaling $2.5 million in the Joining Materials segment, primarily due to write-downs of $1.5 million to property, plant and equipment, and $0.5 million to inventories, associated with the planned closure. The inventory write-down was recorded in cost of goods sold in the consolidated income statements.

Discontinued Operations

Discontinued Operations	9 Months Ended
	Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations 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, which are reflected in proceeds from sale of discontinued operations in the consolidated statement of cash flows. 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 net income from discontinued operations includes the following: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2015 2015 Net sales $ — $ 5,952 Operating income — 920 Other income — 10 Tax provision — 365 Income from discontinued operations, net of tax — 565 Gain on disposal of assets 316 93,732 Tax provision 121 4,164 Gain on disposal of assets, net of tax 195 89,568 Net income from discontinued operations $ 195 $ 90,133 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 in 2015 was 4.4% .

Inventories

Inventories	9 Months Ended
	Sep. 30, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories, net at September 30, 2016 and December 31, 2015 were comprised of: September 30, December 31, (in thousands) 2016 2015 Finished products $ 32,714 $ 31,355 In-process 22,723 19,873 Raw materials 36,015 18,451 Fine and fabricated precious metals in various stages of completion 20,188 13,155 111,640 82,834 LIFO reserve (1,828 ) (30 ) Total $ 109,812 $ 82,804 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's precious 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 sheets. 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 September 30, 2016 , customer metal in H&H's custody consisted of 139,450 ounces of silver, 520 ounces of gold and 1,391 ounces of palladium. Supplemental inventory information: September 30, December 31, (in thousands, except per ounce) 2016 2015 Precious metals stated at LIFO cost $ 4,916 $ 3,506 Precious metals stated under non-LIFO cost methods, primarily at fair value $ 13,444 $ 9,619 Market value per ounce: Silver $ 19.80 $ 13.86 Gold $ 1,338.65 $ 1,062.25 Palladium $ 697.00 $ 547.00

Goodwill and Other Intangibles

Goodwill and Other Intangibles	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 were as follows (in thousands): Segment Balance at January 1, 2016 Foreign Currency Translation Adjustments Additions Adjustments Balance at Accumulated Joining Materials $ 16,210 $ 5 $ — $ — $ 16,215 $ — Tubing 1,895 — — — 1,895 — Building Materials 71,388 — — — 71,388 Performance Materials 32,336 — — (174 ) 32,162 — Electrical Products — — 87,003 — 87,003 — Total $ 121,829 $ 5 $ 87,003 $ (174 ) $ 208,663 $ — Other intangible assets, net at September 30, 2016 and December 31, 2015 consisted of: (in thousands) September 30, 2016 December 31, 2015 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Customer relationships $ 123,067 $ (15,070 ) $ 107,997 $ 35,077 $ (10,702 ) $ 24,375 Trademarks, trade names and brand names 27,339 (3,692 ) 23,647 12,739 (2,649 ) 10,090 Developed technology, patents and patent applications 16,396 (3,176 ) 13,220 5,591 (2,591 ) 3,000 Non-compete agreements 774 (733 ) 41 774 (714 ) 60 Customer order backlog 3,140 (2,140 ) 1,000 — — — Other 7,360 (2,381 ) 4,979 7,331 (1,739 ) 5,592 Total $ 178,076 $ (27,192 ) $ 150,884 $ 61,512 $ (18,395 ) $ 43,117 Other intangible assets at cost as of September 30, 2016 include $116.7 million in intangible assets, primarily trade names, customer relationships, developed technology and patents, associated with the SLI and EME acquisitions. These balances are subject to adjustment during the finalization of the purchase price allocations for the SLI and EME acquisitions. Amortization expense totaled $6.2 million and $1.2 million for the three months ended September 30, 2016 and 2015 , respectively, and $9.0 million and $2.9 million for the nine months ended September 30, 2016 and 2015 , respectively. The increase in amortization expense during 2016 was principally due to the Company's recent acquisitions discussed in Note 3 - "Acquisitions." Future amortization expense of the intangible assets acquired in the SLI and EME acquisitions are expected to total $4.2 million for the remainder of 2016, $13.3 million , $11.6 million , $10.3 million , $9.2 million and $62.6 million in 2017, 2018, 2019, 2020, and thereafter, respectively.

Investment

Investment	9 Months Ended
	Sep. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Investment	Investment 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 sheets. The Company carries its ModusLink investment on the consolidated balance sheets 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 shares of the common stock of ModusLink at both September 30, 2016 and December 31, 2015 , and the value of this investment decreased from $20.9 million at December 31, 2015 to $12.9 million at September 30, 2016 due entirely to a decrease in the share price of ModusLink's common stock. As of September 30, 2016 , SPLP and its associated companies, which include the Company, owned a combined total of 16,476,730 ModusLink common shares, which represented approximately 29.8% 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 July 31, 2016, its most recently completed fiscal quarter, and the comparable prior periods are as follows: July 31, July 31, (in thousands) 2016 2015 Current assets $ 319,891 $ 413,642 Non-current assets $ 29,054 $ 32,860 Current liabilities $ 194,766 $ 211,353 Non-current liabilities $ 68,239 $ 90,548 Stockholders' equity $ 85,940 $ 144,601 Three Months Ended Nine Months Ended July 31, July 31, (in thousands) 2016 2015 2016 2015 Net revenue $ 101,508 $ 119,685 $ 317,934 $ 374,229 Gross profit $ 6,477 $ 10,041 $ 12,306 $ 35,647 Loss from continuing operations $ (19,711 ) $ (4,989 ) $ (46,508 ) $ (18,651 ) Net loss $ (19,711 ) $ (4,989 ) $ (46,508 ) $ (18,651 )

Credit Facilities

Credit Facilities	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Credit Facilities	Debt at September 30, 2016 and December 31, 2015 was as follows: September 30, December 31, (in thousands) 2016 2015 Short-term debt Foreign $ 569 $ 742 Long-term debt Revolving facilities 294,994 90,613 Other H&H debt - domestic 6,601 6,936 Foreign loan facilities 1,270 1,277 Sub total 302,865 98,826 Less portion due within one year 3,192 1,720 Total long-term debt 299,673 97,106 Total debt $ 303,434 $ 99,568 Senior Credit Facility The Company's amended and restated senior credit agreement ("Senior Credit Facility") provided 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. On March 23, 2016, the Company entered into an amendment to its Senior Credit Facility to increase the size of the credit facility by $35.0 million to an aggregate amount of $400.0 million . 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 ( 2.25% and 1.25% , respectively, for LIBOR and Base Rate borrowings at September 30, 2016 ), 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 3.24% at September 30, 2016 . H&H Group's availability under the Senior Credit Facility was $75.0 million as of September 30, 2016 . 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 wholly-owned subsidiaries and certain foreign 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 September 30, 2016 . The increase in the amount outstanding under the Senior Credit Facility during the nine months ended September 30, 2016 was principally attributable to the SLI and EME acquisitions discussed in Note 3 - "Acquisitions." 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 received 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. 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 received 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. Both agreements expired in February 2016 . Master Lease Agreement During the three months ended September 30, 2016, the Company entered into a master lease agreement with TD Equipment Finance, Inc. ("TD Equipment"), which establishes the general terms and conditions for a $10.0 million credit facility under which the Company may lease equipment and other property from TD Equipment pursuant to the terms of individual lease schedules. As of September 30, 2016 , no leases had been entered into under the master lease agreement.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Sep. 30, 2016
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 September 30, 2016 , the Company had the following outstanding forward contracts with settlement dates through October 2016. There were no futures contracts outstanding at September 30, 2016 . Notional Value Commodity Amount ($ in millions) Silver 752,684 ounces $ 15.1 Gold 400 ounces $ 0.5 Copper 275,000 pounds $ 0.6 Tin 45 metric tons $ 0.9 H&H accounts for these contracts as either fair value hedges or economic hedges under the guidance in Accounting Standards Codification 815, Derivatives and Hedging . Fair Value Hedges. Of the total forward contracts outstanding, 557,684 ounces of silver and substantially all the copper contracts are designated and accounted for as fair value hedges. The fair values of these derivatives are recognized as derivative assets and liabilities on the consolidated balance sheets. 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 statements, 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 the contracts for gold and tin, are accounted for as economic hedges. As these derivatives are not designated as accounting hedges, 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 statements. 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 entered into two interest rate swap agreements to reduce its exposure to interest rate fluctuations. See Note 9 - "Credit Facilities" for further discussion of the terms of these arrangements. These derivatives were not designated as accounting hedges under U.S. GAAP; they were accounted for as derivatives with no hedge designation. The Company recorded the gains or losses both from the mark-to-market adjustments and net settlements in interest expense in the consolidated income statements as the hedges were intended to offset interest rate movements. The agreements expired in February 2016. Effect of Derivative Instruments in the Consolidated Income Statements - Income/(Expense) (in thousands) Three Months Ended Nine Months Ended September 30, September 30, Derivative Income Statement Line 2016 2015 2016 2015 Commodity contracts Cost of goods sold $ (1,152 ) $ 585 $ (3,533 ) $ 564 Total derivatives designated as hedging instruments (1,152 ) 585 (3,533 ) 564 Commodity contracts Cost of goods sold (85 ) (69 ) (180 ) 209 Commodity contracts Realized and unrealized (loss) gain on derivatives (275 ) 168 (814 ) 273 Interest rate swap agreements Interest expense — (16 ) — (79 ) Total derivatives not designated as hedging instruments (360 ) 83 (994 ) 403 Total derivatives $ (1,512 ) $ 668 $ (4,527 ) $ 967 Fair Value of Derivative Instruments on the Consolidated Balance Sheets - Asset/(Liability) (in thousands) September 30, December 31, Derivative Balance Sheet Location 2016 2015 Commodity contracts Prepaid and other current assets $ 148 $ 197 Total derivatives designated as hedging instruments 148 197 Commodity contracts Prepaid and other current assets 38 18 Interest rate swap agreements Other non-current liabilities — (30 ) Total derivatives not designated as hedging instruments 38 (12 ) Total derivatives $ 186 $ 185

Pension and Other Post-Retireme

Pension and Other Post-Retirement Benefits	9 Months Ended
	Sep. 30, 2016
Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]
Pension and Other Post-Retirement Benefits	Pension and Other Post-Retirement Benefits HNH sponsors a defined benefit pension plan, the WHX Pension Plan, covering many of H&H's employees and certain employees of H&H's former subsidiary, Wheeling-Pittsburgh Corporation. In addition, JPS sponsors a defined benefit pension plan, which was assumed in connection with the acquisition of JPS on July 2, 2015. The following table presents the components of net periodic pension expense for the Company's pension plans for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Service cost $ — $ 9 $ — $ 9 Interest cost 4,507 5,057 13,880 14,577 Expected return on plan assets (5,905 ) (6,034 ) (17,655 ) (17,069 ) Amortization of actuarial loss 3,219 2,729 9,879 8,389 Total $ 1,821 $ 1,761 $ 6,104 $ 5,906 Beginning January 1, 2016, we changed the manner in which the interest cost component of net periodic pension expense is determined. Historically, we estimated the interest cost component using a single weighted-average discount rate derived from the yield curve used to measure the benefit obligation at the beginning of the period. We have elected to use a full yield curve approach in the estimation of this component of benefit expense by applying the specific spot rates along the yield curve used in the determination of the benefit obligation that correlate to the relevant projected cash flows ("spot rate approach"). This change provides a more precise measurement of interest cost. The estimated impact of this change is to reduce forecast annual pension expense in 2016 by approximately $4.8 million . The Company expects to have required minimum pension contributions of $3.9 million for the remainder of 2016 , and $34.8 million , $41.6 million , $38.9 million , $35.4 million and $96.3 million in 2017, 2018, 2019, 2020, and for the five years thereafter, respectively. Required future pension contributions are estimated based upon assumptions such 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 plans 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 $0.6 million and $0.4 million for the three months ended September 30, 2016 and 2015 , respectively, and $1.6 million and $1.4 million for the nine months ended September 30, 2016 and 2015 , respectively.

Stockholders' Equity

Stockholders' Equity	9 Months Ended
	Sep. 30, 2016
Stockholders' Equity Note [Abstract]
Stockholders' Equity	Stockholders' Equity Common Stock Repurchase Program On April 28, 2016, the Company's Board of Directors approved the repurchase of up to an aggregate of 500,000 shares of the Company's common stock. Any such repurchases will be made from time to time on the open market at prevailing market prices or in negotiated transactions off the market, in compliance with applicable laws and regulations. The repurchase program is expected to continue unless and until revoked by the Board of Directors. As of September 30, 2016 , the Company has repurchased 15,019 shares for a total purchase price of approximately $0.4 million under the 2016 repurchase program. 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, 2015 $ (3,577 ) $ (255,815 ) $ (259,392 ) Current period loss (101 ) (94 ) (195 ) Balance at September 30, 2016 $ (3,678 ) $ (255,909 ) $ (259,587 )

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2016
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation During the nine months ended September 30, 2016 , the Compensation Committee of the Company's Board of Directors approved the grant of an aggregate of 72,942 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 statements 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 2016 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 nine months ended September 30, 2016 : Employees and Service (shares) Providers Directors Total Balance, January 1, 2016 575,131 825,275 1,400,406 Granted 60,670 12,272 72,942 Forfeited (8,883 ) — (8,883 ) Reduced for income tax obligations (16,320 ) — (16,320 ) Balance, September 30, 2016 610,598 837,547 1,448,145 Vested 533,874 825,275 1,359,149 Non-vested 76,724 12,272 88,996 The Company recognized compensation expense related to restricted shares of $0.3 million and $0.7 million for the three months ended September 30, 2016 and 2015 , respectively, and $1.2 million and $2.7 million for the nine months ended September 30, 2016 and 2015, respectively. Unearned compensation expense related to restricted shares at September 30, 2016 is $1.3 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. As of December 31, 2015, 13,000 stock options to purchase HNH shares at an exercise price of $90.00 per share were outstanding under the 2007 Plan. During the nine months ended September 30, 2016 , all of these stock options expired unexercised. On May 26, 2016, the Company's stockholders approved the adoption of the Company's 2016 Equity Incentive Award Plan ("2016 Plan"). The 2016 Plan provides equity-based compensation through the grant of cash-based awards, nonqualified stock options, incentive stock options, stock appreciation rights, restricted stock, restricted stock units, performance shares, performance units and other stock-based awards. The 2016 Plan replaces the 2007 Plan, and no further awards will be granted under the 2007 Plan. The 2016 Plan allows for issuance of up to 1,000,000 shares of common stock, plus the remaining 626,855 shares of HNH common stock previously available for issuance under the 2007 Plan. As of September 30, 2016 , no awards had been granted under the 2016 Plan.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes For the three months ended September 30, 2016 and 2015 , tax provisions from continuing operations of $6.8 million and $6.4 million , respectively, were recorded. The effective tax rates in the three months ended September 30, 2016 and 2015 were 52.2% and 42.9% , respectively. For the nine months ended September 30, 2016 and 2015 , tax provisions from continuing operations of $11.8 million and $13.9 million , respectively, were recorded. The effective tax rates in the nine months ended September 30, 2016 and 2015 were 47.9% and 41.9% , 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. Other 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 and losses, as well as changes in estimates associated with our projected annual state tax expense. The effective tax rates for the three and nine months ended September 30, 2016 were also unfavorably impacted by the asset impairment charges associated with our Lucas-Milhaupt Gliwice, Poland operating facility discussed in Note 5 - "Asset Impairment Charges," for which the Company does not expect to realize a tax benefit in the future. As of December 31, 2015 , the Company had U.S. federal income tax net operating loss carryforwards ("NOLs") of $71.3 million . Included in this amount are approximately $47.0 million of U.S. federal NOLs resulting from the JPS acquisition, which are subject to certain annual limitations under the ownership change rules of Section 382 of the Internal Revenue Code. The Company currently expects that its U.S. federal NOLs, excluding amounts attributable to the JPS acquisition, will become fully utilized by the end of 2016.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
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 Nine Months Ended September 30, September 30, (in thousands, except per share) 2016 2015 2016 2015 Income from continuing operations, net of tax $ 8,035 $ 4,418 $ 7,757 $ 13,952 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Income from continuing operations, net of tax, per share $ 0.66 $ 0.37 $ 0.63 $ 1.26 Net income from discontinued operations $ — $ 195 $ — $ 90,133 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Discontinued operations, net of tax, per share $ — $ 0.02 $ — $ 8.12 Net income $ 8,035 $ 4,613 $ 7,757 $ 104,085 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Net income per share $ 0.66 $ 0.39 $ 0.63 $ 9.38 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 nine months ended September 30, 2016 and 2015 , 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 September 30, 2016 , no stock options remain outstanding.

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2016
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 10 - "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 were considered Level 2 measurements as the inputs were observable at commonly quoted intervals. These agreements expired in February 2016. The following tables summarize the Company's assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 : Asset as of September 30, 2016 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 12,908 $ 12,908 $ — $ — Precious metal and commodity inventories recorded at fair value $ 14,099 $ 14,099 $ — $ — Commodity contracts on precious metal and commodity inventories $ 186 $ — $ 186 $ — Asset (Liability) as of December 31, 2015 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 20,923 $ 20,923 $ — $ — Precious metal and commodity inventories recorded at fair value $ 10,380 $ 10,380 $ — $ — Commodity contracts on precious metal and commodity inventories $ 215 $ — $ 215 $ — Interest rate swap agreements $ (30 ) $ — $ (30 ) $ — 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 $6.4 million as of September 30, 2016 , are carried at the lower of cost or fair value less cost to sell and are included primarily in other non-current assets on the consolidated balance sheets. A reduction in the carrying value of such long-lived assets is recorded as an asset impairment charge in the consolidated income statements.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Environmental Matters Certain H&H Group subsidiaries, including its newly acquired subsidiary SLI, 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 recorded current liabilities of approximately $5.5 million and non-current liabilities of approximately $1.2 million related to estimated environmental remediation costs as of September 30, 2016 . 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 nine months ended September 30, 2015 , the Company recorded insurance reimbursements totaling $2.8 million for previously incurred remediation costs. No similar reimbursements were recorded during the nine months ended September 30, 2016 . Included among these liabilities, 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, 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. The sites where certain H&H Group subsidiaries have environmental liabilities include 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 comprise the site of a former H&H manufacturing facility. 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, were submitted in the second quarter of 2016 to the CTDEEP for their review and approval. The next phase will be a physical investigation of the upland portion of the parcel. A work plan was submitted in the third quarter of 2016 to the CTDEEP for review and approval. That work is expected to start in the fourth quarter of 2016 and is estimated to cost $0.2 million . Investigation of the wetlands portion is not expected to start until the later part of 2017, pending regulatory approvals and setting goals for the entire parcel. 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. HHEM is actively remediating the property and continuing to investigate effective methods for achieving compliance with the ACO. 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 and 25% jointly to HHEM and H&H, all after having the first $1.0 million paid by the former owner/operator. As of September 30, 2016 , total investigation and remediation costs of approximately $5.6 million and $1.8 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 has been complying 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. As a result of meetings and subsequent discussions with the MADEP, HHEM conducted additional work that was completed in the third quarter of 2015. HHEM expects to submit a follow-up response report to the MADEP in the fourth quarter of 2016. The cost of the follow up response report and subsequent decommissioning, and any additional costs that could result from the final review of the closure report by the MADEP, are not anticipated to be material. SLI may incur environmental costs in the future as a result of past activities of its former subsidiary, SurfTech, at sites located in Pennsauken, New Jersey ("Pennsauken Site") and in Camden, New Jersey ("Camden Site"). At the Pennsauken Site, SLI reached an agreement with both the United States Department of Justice and the Environmental Protection Agency ("EPA") related to its liability and entered into a Consent Decree which governs the agreement. SLI agreed to perform remediation, which is substantially complete, and to pay a fixed sum for the EPA's past costs. The fixed sum is to be paid in installments, and the final payment of $2.1 million is due to be made in the second quarter of 2017. In December 2012, SLI received a demand letter from the office of the Deputy Attorney General of New Jersey ("NJDAG"). The demand is for $1.3 million for past and future cleanup costs and $0.5 million for natural resource damages, for a total demand of $1.8 million . SLI has made a counter-offer to the NJDAG in the amount of $0.3 million , which has been reserved for, and anticipates entering into discussions to address the NJDAG's claims. The final scope and cost of those claims cannot be estimated at this time but is not expected to be outside a range of $0.3 million to $1.8 million . With respect to the Camden Site, SLI has reported soil contamination and a groundwater contamination plume emanating from the site. A Remedial Action Workplan ("RAWP") for soils is being developed and is expected to be submitted to the NJDEP in the first quarter of 2017, by the Licensed Site Remediation Professional ("LSRP") for the site. The RAWP for treatment of unsaturated soils is scheduled to be initiated during the first quarter of 2017 with post-remediation rebound testing and slab removal to be conducted in the fourth quarter of 2017. SLI's environmental consultants also implemented an interim remedial action pilot study to treat on-site contaminated groundwater, which consisted of injecting food-grade product into the groundwater at the down gradient property boundary to create a "bio-barrier." Post-injection groundwater monitoring to assess the bio-barrier's effectiveness was completed. Consistent decreases in target contaminants concentrations in groundwater were observed. In December 2014, a report was submitted to the NJDEP stating sufficient information was obtained from the pilot study to complete the full-scale groundwater remedy design. A full-scale groundwater bioremediation will be implemented during the fourth quarter of 2017 following the soil remediation mentioned above. A reserve of $1.4 million has been established for anticipated costs at this site, but there can be no assurance that there will not be potential additional costs associated with the site which 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 SLI or the Company. SLI is currently participating in environmental assessment and cleanup at a commercial facility located in Wayne, New Jersey. Contaminated soil and groundwater has undergone remediation with the NJDEP and LSRP oversight, but contaminants of concern ("COCs") in groundwater and surface water, which extend off-site, remain above applicable NJDEP remediation standards. A soil remedial action plan has been developed to remove the new soil source contamination that continues to impact groundwater. SLI's LSRP completed a supplemental groundwater remedial action, pursuant to a RAWP filed with, and permit approved by, the NJDEP, and a report was filed with the NJDEP in March 2015. SLI's consultants have developed cost estimates for supplemental remedial injections, soil excavation, and additional tests and remedial activities. The LSRP has initiated the preparation of a Remedial Investigation Report, which was sent to the NJDEP in May 2016, and has negotiated off-site access to the adjacent property and installed monitoring wells. Results of the initial samples detected COC's above NJDEP standards. There can no assurance that there will not be potential additional costs associated with the site, which 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 SLI or the Company. Other Litigation In the ordinary course of our business, we are subject to other 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	9 Months Ended
	Sep. 30, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions As of September 30, 2016 , SPLP owned directly or indirectly through its subsidiaries 8,560,592 shares of the Company's common stock, representing approximately 69.9% 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 L. Howard, as Vice Chairman and Principal Executive Officer, John H. McNamara, Jr., as Director, Douglas B. Woodworth, as Chief Financial Officer, Leonard J. McGill, as Chief Legal Officer, and William T. Fejes, Jr. as President and Chief Executive Officer of H&H Group. The Company 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 provided 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 $8.9 million . 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 services to be provided pursuant to the Management Services Agreement and to adjust the fee for services provided under the Management Services Agreement from $8.9 million to $10.6 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 assumed the cost of compensating those employees and providing applicable benefits. Effective February 23, 2016, SP Corporate assigned its rights and responsibilities under the Management Services Agreement to its parent company, SPH Services, Inc. ("SPH Services"), and the Company and SPH Services entered into an Amended and Restated Management Services Agreement ("Amended and Restated Management Services Agreement") to have SPH Services furnish the services to be provided pursuant to the Management Services Agreement and to make certain other changes. During the three months ended September 30, 2016 and 2015 , the Company reimbursed SPH Services and its affiliates approximately $0.4 million and $0.2 million , respectively, for business expenses incurred on its behalf pursuant to the management services agreements. Such reimbursements totaled approximately $1.1 million and $0.4 million , respectively, during the nine months ended September 30, 2016 and 2015. The fees payable under the Amended and Restated Management Services Agreement are subject to review and such adjustments as may be agreed upon by SPH Services and the Company. The Amended and Restated Management Services Agreement has a term through December 31, 2016 and automatically renews for successive one-year periods unless and until terminated in accordance with the terms set forth therein. Upon any such termination, a reserve fund will be established by the Company for the payment of expenses incurred by or due to SPH Services that are attributable to the services provided to the Company. Mutual Securities, Inc. is the custodian for the majority of the Company's holdings in ModusLink common stock. Jack L. Howard is a registered principal of Mutual Securities, Inc. In connection with its acquisition of JPS, on July 31, 2015, HNH issued to H&H Group 1,429,407 shares of HNH common stock, and H&H Group then exchanged those shares of HNH common stock for all shares of JPS common stock held by SPH Group Holdings, a subsidiary of SPLP. See Note 3 - "Acquisitions" for further discussion.

Reportable Segments

Reportable Segments	9 Months Ended
	Sep. 30, 2016
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, Performance Materials, Electrical Products 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 nine months ended September 30, 2016 and 2015 : Income Statement Data Three Months Ended Nine Months Ended (in thousands) September 30, September 30, 2016 2015 2016 2015 Net sales: Joining Materials $ 45,013 $ 45,360 $ 134,006 $ 144,094 Tubing 19,088 19,382 59,411 61,330 Building Materials 78,326 73,475 218,062 207,841 Performance Materials 25,217 28,065 76,201 28,065 Electrical Products 48,349 — 60,143 — Kasco 14,767 14,857 44,614 44,266 Total net sales $ 230,760 $ 181,139 $ 592,437 $ 485,596 Segment operating income (loss): Joining Materials $ 2,063 $ 4,336 $ 12,605 $ 16,177 Tubing 3,190 3,799 10,960 10,226 Building Materials 14,832 13,685 33,788 28,943 Performance Materials (443 ) (2,400 ) (7,408 ) (2,400 ) Electrical Products 241 — (3,022 ) — Kasco 941 1,364 2,489 3,062 Total segment operating income 20,824 20,784 49,412 56,008 Unallocated corporate expenses and non-operating units (3,845 ) (3,222 ) (13,707 ) (13,783 ) Unallocated pension expense (1,821 ) (1,761 ) (6,104 ) (5,906 ) Gain from asset dispositions 25 168 362 309 Operating income 15,183 15,969 29,963 36,628 Interest expense (2,071 ) (1,208 ) (4,486 ) (3,483 ) Realized and unrealized (loss) gain on derivatives (275 ) 168 (814 ) 273 Other income (expense) 179 (113 ) (65 ) (318 ) Income from continuing operations before tax and equity investment $ 13,016 $ 14,816 $ 24,598 $ 33,100

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 30, 2016
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. In August 2015, the FASB issued ASU No. 2015-14, which deferred the effective date of ASU No. 2014-09 by one year. The ASU, as amended, is effective for the Company's 2018 fiscal year and 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. In September 2015, the FASB issued ASU No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments , which eliminates the requirement to restate prior-period financial statements for measurement-period adjustments following a business combination. The new guidance requires that the cumulative impact of a measurement-period adjustment (including the impact on prior periods) be recognized in the reporting period in which the adjustment is identified. The prior-period impact of the adjustment should either be presented separately on the face of the income statement or disclosed in the notes. This new guidance is effective for the Company's 2016 fiscal year. The amendments in this ASU will be applied prospectively to adjustments to provisional amounts that occur in 2016 and thereafter. In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842) . The new standard establishes a right-of-use ("ROU") model that requires a lessee to record a ROU asset and a lease liability, measured on a discounted basis, on the balance sheet for all leases with terms longer than 12 months. Leases will be classified as either finance or operating, with classification affecting the pattern of expense recognition in the income statement. A modified retrospective transition approach is required for capital and operating leases existing at the date of adoption, with certain practical expedients available. The Company is currently evaluating the potential impact of this new guidance, which is effective for the Company's 2019 fiscal year. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This new standard simplifies the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows, among other things. The new standard is effective for the Company's 2017 fiscal year. The Company is currently evaluating the potential impact of this new guidance. In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments. The new standard changes the impairment model for most financial assets that are measured at amortized cost and certain other instruments, including trade receivables, from an incurred loss model to an expected loss model and adds certain new required disclosures. Under the expected loss model, entities will recognize estimated credit losses to be incurred over the entire contractual term of the instrument rather than delaying recognition of credit losses until it is probable the loss has been incurred. The new standard is effective for the Company's 2020 fiscal year with early adoption permitted for all entities in fiscal years beginning after December 15, 2018. The Company is currently evaluating the potential impact of this new guidance.

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 30, 2016
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Information	Unaudited pro forma net sales and income from continuing operations, net of tax, of the combined entities is presented below as if JPS had been acquired January 1, 2014, and SLI and EME had both been acquired January 1, 2015. Nine Months Ended September 30, (in thousands, except per share) 2016 2015 Net sales $ 725,738 $ 757,609 Income from continuing operations, net of tax $ 14,706 $ 17,142 Income from continuing operations, net of tax, per share $ 1.20 $ 1.40 Weighted-average number of common shares outstanding 12,242 12,211
JPS Industries, Inc.
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date (in thousands): Cash and cash equivalents $ 22 Trade and other receivables 21,201 Inventories 27,126 Prepaid and other current assets 4,961 Property, plant and equipment 45,384 Goodwill 32,162 Other intangibles 9,120 Deferred income tax assets 19,788 Other non-current assets 3,112 Total assets acquired 162,876 Trade payables (10,674 ) Accrued liabilities (5,838 ) Long-term debt (1,500 ) Accrued pension liabilities (30,367 ) Other non-current liabilities (4 ) Net assets acquired $ 114,493
SL Industries, Inc. (SLI)
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date on a preliminary basis (in thousands): Cash and cash equivalents $ 4,985 Trade and other receivables 32,544 Inventories 25,960 Prepaid and other current assets 8,455 Property, plant and equipment 23,950 Goodwill 54,317 Other intangibles 87,916 Other non-current assets 825 Total assets acquired 238,952 Trade payables (18,433 ) Accrued liabilities (17,308 ) Long-term debt (9,500 ) Deferred income tax liabilities (26,093 ) Other non-current liabilities (5,633 ) Net assets acquired $ 161,985
Electromagnetic Enterprise (EME)
Business Acquisition [Line Items]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the amounts of the assets acquired and liabilities assumed at the acquisition date on a preliminary basis (in thousands): Trade and other receivables $ 4,247 Inventories 3,004 Prepaid and other current assets 28 Property, plant and equipment 1,967 Goodwill 32,686 Other intangibles 28,820 Total assets acquired 70,752 Trade payables (3,440 ) Accrued liabilities (2,812 ) Net assets acquired $ 64,500

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	The net income from discontinued operations includes the following: Three Months Ended September 30, Nine Months Ended September 30, (in thousands) 2015 2015 Net sales $ — $ 5,952 Operating income — 920 Other income — 10 Tax provision — 365 Income from discontinued operations, net of tax — 565 Gain on disposal of assets 316 93,732 Tax provision 121 4,164 Gain on disposal of assets, net of tax 195 89,568 Net income from discontinued operations $ 195 $ 90,133

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 30, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories, net at September 30, 2016 and December 31, 2015 were comprised of: September 30, December 31, (in thousands) 2016 2015 Finished products $ 32,714 $ 31,355 In-process 22,723 19,873 Raw materials 36,015 18,451 Fine and fabricated precious metals in various stages of completion 20,188 13,155 111,640 82,834 LIFO reserve (1,828 ) (30 ) Total $ 109,812 $ 82,804
Inventory Supplemental Disclosure	Supplemental inventory information: September 30, December 31, (in thousands, except per ounce) 2016 2015 Precious metals stated at LIFO cost $ 4,916 $ 3,506 Precious metals stated under non-LIFO cost methods, primarily at fair value $ 13,444 $ 9,619 Market value per ounce: Silver $ 19.80 $ 13.86 Gold $ 1,338.65 $ 1,062.25 Palladium $ 697.00 $ 547.00

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 were as follows (in thousands): Segment Balance at January 1, 2016 Foreign Currency Translation Adjustments Additions Adjustments Balance at Accumulated Joining Materials $ 16,210 $ 5 $ — $ — $ 16,215 $ — Tubing 1,895 — — — 1,895 — Building Materials 71,388 — — — 71,388 Performance Materials 32,336 — — (174 ) 32,162 — Electrical Products — — 87,003 — 87,003 — Total $ 121,829 $ 5 $ 87,003 $ (174 ) $ 208,663 $ —
Summary of other intangible assets	Other intangible assets, net at September 30, 2016 and December 31, 2015 consisted of: (in thousands) September 30, 2016 December 31, 2015 Cost Accumulated Amortization Net Cost Accumulated Amortization Net Customer relationships $ 123,067 $ (15,070 ) $ 107,997 $ 35,077 $ (10,702 ) $ 24,375 Trademarks, trade names and brand names 27,339 (3,692 ) 23,647 12,739 (2,649 ) 10,090 Developed technology, patents and patent applications 16,396 (3,176 ) 13,220 5,591 (2,591 ) 3,000 Non-compete agreements 774 (733 ) 41 774 (714 ) 60 Customer order backlog 3,140 (2,140 ) 1,000 — — — Other 7,360 (2,381 ) 4,979 7,331 (1,739 ) 5,592 Total $ 178,076 $ (27,192 ) $ 150,884 $ 61,512 $ (18,395 ) $ 43,117

Investment (Tables)

Investment (Tables)	9 Months Ended
	Sep. 30, 2016
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 July 31, 2016, its most recently completed fiscal quarter, and the comparable prior periods are as follows: July 31, July 31, (in thousands) 2016 2015 Current assets $ 319,891 $ 413,642 Non-current assets $ 29,054 $ 32,860 Current liabilities $ 194,766 $ 211,353 Non-current liabilities $ 68,239 $ 90,548 Stockholders' equity $ 85,940 $ 144,601 Three Months Ended Nine Months Ended July 31, July 31, (in thousands) 2016 2015 2016 2015 Net revenue $ 101,508 $ 119,685 $ 317,934 $ 374,229 Gross profit $ 6,477 $ 10,041 $ 12,306 $ 35,647 Loss from continuing operations $ (19,711 ) $ (4,989 ) $ (46,508 ) $ (18,651 ) Net loss $ (19,711 ) $ (4,989 ) $ (46,508 ) $ (18,651 )

Credit Facilities (Tables)

Credit Facilities (Tables)	9 Months Ended
	Sep. 30, 2016
Debt Disclosure [Abstract]
Schedule of Debt	Debt at September 30, 2016 and December 31, 2015 was as follows: September 30, December 31, (in thousands) 2016 2015 Short-term debt Foreign $ 569 $ 742 Long-term debt Revolving facilities 294,994 90,613 Other H&H debt - domestic 6,601 6,936 Foreign loan facilities 1,270 1,277 Sub total 302,865 98,826 Less portion due within one year 3,192 1,720 Total long-term debt 299,673 97,106 Total debt $ 303,434 $ 99,568

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Sep. 30, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Outstanding Forward and Future Contracts	As of September 30, 2016 , the Company had the following outstanding forward contracts with settlement dates through October 2016. There were no futures contracts outstanding at September 30, 2016 . Notional Value Commodity Amount ($ in millions) Silver 752,684 ounces $ 15.1 Gold 400 ounces $ 0.5 Copper 275,000 pounds $ 0.6 Tin 45 metric tons $ 0.9
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 Nine Months Ended September 30, September 30, Derivative Income Statement Line 2016 2015 2016 2015 Commodity contracts Cost of goods sold $ (1,152 ) $ 585 $ (3,533 ) $ 564 Total derivatives designated as hedging instruments (1,152 ) 585 (3,533 ) 564 Commodity contracts Cost of goods sold (85 ) (69 ) (180 ) 209 Commodity contracts Realized and unrealized (loss) gain on derivatives (275 ) 168 (814 ) 273 Interest rate swap agreements Interest expense — (16 ) — (79 ) Total derivatives not designated as hedging instruments (360 ) 83 (994 ) 403 Total derivatives $ (1,512 ) $ 668 $ (4,527 ) $ 967
Derivative Instruments in the Consolidated Balance Sheets, Fair Value	Fair Value of Derivative Instruments on the Consolidated Balance Sheets - Asset/(Liability) (in thousands) September 30, December 31, Derivative Balance Sheet Location 2016 2015 Commodity contracts Prepaid and other current assets $ 148 $ 197 Total derivatives designated as hedging instruments 148 197 Commodity contracts Prepaid and other current assets 38 18 Interest rate swap agreements Other non-current liabilities — (30 ) Total derivatives not designated as hedging instruments 38 (12 ) Total derivatives $ 186 $ 185

Pension and Other Post-Retire35

Pension and Other Post-Retirement Benefits (Tables)	9 Months Ended
	Sep. 30, 2016
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 plans for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended Nine Months Ended September 30, September 30, (in thousands) 2016 2015 2016 2015 Service cost $ — $ 9 $ — $ 9 Interest cost 4,507 5,057 13,880 14,577 Expected return on plan assets (5,905 ) (6,034 ) (17,655 ) (17,069 ) Amortization of actuarial loss 3,219 2,729 9,879 8,389 Total $ 1,821 $ 1,761 $ 6,104 $ 5,906

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	9 Months Ended
	Sep. 30, 2016
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, 2015 $ (3,577 ) $ (255,815 ) $ (259,392 ) Current period loss (101 ) (94 ) (195 ) Balance at September 30, 2016 $ (3,678 ) $ (255,909 ) $ (259,587 )

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 : Employees and Service (shares) Providers Directors Total Balance, January 1, 2016 575,131 825,275 1,400,406 Granted 60,670 12,272 72,942 Forfeited (8,883 ) — (8,883 ) Reduced for income tax obligations (16,320 ) — (16,320 ) Balance, September 30, 2016 610,598 837,547 1,448,145 Vested 533,874 825,275 1,359,149 Non-vested 76,724 12,272 88,996

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2016
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 Nine Months Ended September 30, September 30, (in thousands, except per share) 2016 2015 2016 2015 Income from continuing operations, net of tax $ 8,035 $ 4,418 $ 7,757 $ 13,952 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Income from continuing operations, net of tax, per share $ 0.66 $ 0.37 $ 0.63 $ 1.26 Net income from discontinued operations $ — $ 195 $ — $ 90,133 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Discontinued operations, net of tax, per share $ — $ 0.02 $ — $ 8.12 Net income $ 8,035 $ 4,613 $ 7,757 $ 104,085 Weighted-average number of common shares outstanding 12,242 11,729 12,242 11,101 Net income per share $ 0.66 $ 0.39 $ 0.63 $ 9.38

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The following tables summarize the Company's assets and liabilities that are measured at fair value on a recurring basis as of September 30, 2016 and December 31, 2015 : Asset as of September 30, 2016 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 12,908 $ 12,908 $ — $ — Precious metal and commodity inventories recorded at fair value $ 14,099 $ 14,099 $ — $ — Commodity contracts on precious metal and commodity inventories $ 186 $ — $ 186 $ — Asset (Liability) as of December 31, 2015 (in thousands) Total Level 1 Level 2 Level 3 Investment in associated company $ 20,923 $ 20,923 $ — $ — Precious metal and commodity inventories recorded at fair value $ 10,380 $ 10,380 $ — $ — Commodity contracts on precious metal and commodity inventories $ 215 $ — $ 215 $ — Interest rate swap agreements $ (30 ) $ — $ (30 ) $ —

Reportable Segments (Tables)

Reportable Segments (Tables)	9 Months Ended
	Sep. 30, 2016
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 nine months ended September 30, 2016 and 2015 : Income Statement Data Three Months Ended Nine Months Ended (in thousands) September 30, September 30, 2016 2015 2016 2015 Net sales: Joining Materials $ 45,013 $ 45,360 $ 134,006 $ 144,094 Tubing 19,088 19,382 59,411 61,330 Building Materials 78,326 73,475 218,062 207,841 Performance Materials 25,217 28,065 76,201 28,065 Electrical Products 48,349 — 60,143 — Kasco 14,767 14,857 44,614 44,266 Total net sales $ 230,760 $ 181,139 $ 592,437 $ 485,596 Segment operating income (loss): Joining Materials $ 2,063 $ 4,336 $ 12,605 $ 16,177 Tubing 3,190 3,799 10,960 10,226 Building Materials 14,832 13,685 33,788 28,943 Performance Materials (443 ) (2,400 ) (7,408 ) (2,400 ) Electrical Products 241 — (3,022 ) — Kasco 941 1,364 2,489 3,062 Total segment operating income 20,824 20,784 49,412 56,008 Unallocated corporate expenses and non-operating units (3,845 ) (3,222 ) (13,707 ) (13,783 ) Unallocated pension expense (1,821 ) (1,761 ) (6,104 ) (5,906 ) Gain from asset dispositions 25 168 362 309 Operating income 15,183 15,969 29,963 36,628 Interest expense (2,071 ) (1,208 ) (4,486 ) (3,483 ) Realized and unrealized (loss) gain on derivatives (275 ) 168 (814 ) 273 Other income (expense) 179 (113 ) (65 ) (318 ) Income from continuing operations before tax and equity investment $ 13,016 $ 14,816 $ 24,598 $ 33,100

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2016	Apr. 06, 2016	Jul. 31, 2015	Jul. 02, 2015	Mar. 31, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Business Acquisition [Line Items]
Goodwill	$ 208,663					$ 208,663		$ 208,663		$ 121,829
Payments to acquire business								221,500	$ 93,162
Net sales						230,760	$ 181,139	592,437	485,596
Segment operating income (loss):						15,183	15,969	29,963	36,628
Acquisition costs						(8,035)	(4,613)	(7,757)	(104,085)
Performance Materials
Business Acquisition [Line Items]
Goodwill	32,162					32,162		32,162		$ 32,336
Net sales						25,217	28,065	76,201	28,065
Segment operating income (loss):						(443)	(2,400)	(7,408)	(2,400)
JPS Industries, Inc.
Business Acquisition [Line Items]
Plant and equipment				$ 45,384
Other intangibles				9,120
Goodwill				32,162
Number of shares tendered			1,429,407
Value of equity			$ 48,700
Net sales							28,100		28,100
Segment operating income (loss):							(2,300)		(2,300)
Net assets acquired				$ 114,493
JPS Industries, Inc. | Fair value adjustment to inventory
Business Acquisition [Line Items]
Acquisition costs							$ 3,300		3,300
JPS Industries, Inc. | Performance Materials
Business Acquisition [Line Items]
Goodwill	32,200					32,200		$ 32,200
JPS Industries, Inc. | Minimum
Business Acquisition [Line Items]
Useful lives								10 years
JPS Industries, Inc. | Maximum
Business Acquisition [Line Items]
Useful lives								15 years
JPS Industries, Inc. | Trade Names
Business Acquisition [Line Items]
Acquired intangibles			4,300
JPS Industries, Inc. | Customer relationships
Business Acquisition [Line Items]
Acquired intangibles			3,100
JPS Industries, Inc. | Technology-based intangible assets
Business Acquisition [Line Items]
Acquired intangibles			$ 1,700
SL Industries, Inc. (SLI) and EME | Acquisition-related costs
Business Acquisition [Line Items]
Acquisition costs								$ 6,900	$ 7,500
SL Industries, Inc. (SLI)
Business Acquisition [Line Items]
Plant and equipment		$ 23,950
Other intangibles		87,916
Goodwill		$ 54,317
Share price (in dollars per share)		$ 40
Business combination, contingent liabilities		$ 7,500
Net sales						48,300		60,100
Segment operating income (loss):						200		(3,000)
Unowned voting interests acquired		60.00%
Accelerated vesting cost								1,900
Net assets acquired		$ 161,985
SL Industries, Inc. (SLI) | Fair value adjustment to inventory
Business Acquisition [Line Items]
Acquisition costs								1,900
SL Industries, Inc. (SLI) | Minimum
Business Acquisition [Line Items]
Useful lives		10 years
SL Industries, Inc. (SLI) | Maximum
Business Acquisition [Line Items]
Useful lives		15 years
SL Industries, Inc. (SLI) | Trade Names
Business Acquisition [Line Items]
Acquired intangibles		$ 14,600
SL Industries, Inc. (SLI) | Customer relationships
Business Acquisition [Line Items]
Acquired intangibles		59,500
SL Industries, Inc. (SLI) | Technology-based intangible assets
Business Acquisition [Line Items]
Acquired intangibles		10,600
SL Industries, Inc. (SLI) | Backlog
Business Acquisition [Line Items]
Acquired intangibles		$ 3,100
SL Industries, Inc. (SLI) | Backlog | Minimum
Business Acquisition [Line Items]
Useful lives		2 months
SL Industries, Inc. (SLI) | Backlog | Maximum
Business Acquisition [Line Items]
Useful lives		8 months
OMG | ITW
Business Acquisition [Line Items]
Purchase price					$ 27,400
Working capital adjustments					400
Net working capital					1,700
Plant and equipment					100
Other intangibles					4,400
Goodwill					$ 21,300
HNH Group Acquisition LLC | JPS Industries, Inc.
Business Acquisition [Line Items]
Share price (in dollars per share)				$ 11
Payments to acquire business				$ 65,700
Percentage of voting interest acquired				100.00%
SPH Group Holding LLC | JPS Industries, Inc.
Business Acquisition [Line Items]
Payments to acquire business				$ 70,300
SPLP | SL Industries, Inc. (SLI)
Business Acquisition [Line Items]
Purchase price		$ 162,000
Ownership percentage (as a percent)		25.10%
SL Industries, Inc. (SLI) | Electromagnetic Enterprise (EME)
Business Acquisition [Line Items]
Plant and equipment	1,967					1,967		1,967
Other intangibles	28,820					28,820		28,820
Goodwill	32,686					32,686		32,686
Net assets acquired	64,500					64,500		64,500
SL Industries, Inc. (SLI) | Electromagnetic Enterprise (EME) | Performance Materials
Business Acquisition [Line Items]
Goodwill	32,700					32,700		32,700
SL Industries, Inc. (SLI) | Electromagnetic Enterprise (EME) | Customer relationships
Business Acquisition [Line Items]
Other intangibles	$ 28,820					$ 28,820		$ 28,820
Useful lives	15 years

Acquisitions - Assets_liabiliti

Acquisitions - Assets/liabilities acquired (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Apr. 06, 2016	Dec. 31, 2015	Jul. 02, 2015
Business Acquisition [Line Items]
Goodwill	$ 208,663		$ 121,829
JPS Industries, Inc.
Business Acquisition [Line Items]
Cash and cash equivalents				$ 22
Trade and other receivables				21,201
Inventories				27,126
Prepaid and other current assets				4,961
Property, plant and equipment				45,384
Goodwill				32,162
Other intangibles				9,120
Deferred income tax assets				19,788
Other non-current assets				3,112
Total assets acquired				162,876
Trade payables				(10,674)
Accrued liabilities				(5,838)
Long-term debt				(1,500)
Accrued pension liabilities				(30,367)
Other non-current liabilities				(4)
Net assets acquired				$ 114,493
SL Industries, Inc. (SLI)
Business Acquisition [Line Items]
Cash and cash equivalents		$ 4,985
Trade and other receivables		32,544
Inventories		25,960
Prepaid and other current assets		8,455
Property, plant and equipment		23,950
Goodwill		54,317
Other intangibles		87,916
Other non-current assets		825
Total assets acquired		238,952
Trade payables		(18,433)
Accrued liabilities		(17,308)
Long-term debt		(9,500)
Deferred income tax liabilities		(26,093)
Other non-current liabilities		(5,633)
Net assets acquired		$ 161,985
SL Industries, Inc. (SLI) | Electromagnetic Enterprise (EME)
Business Acquisition [Line Items]
Trade and other receivables	4,247
Inventories	3,004
Prepaid and other current assets	28
Property, plant and equipment	1,967
Goodwill	32,686
Other intangibles	28,820
Total assets acquired	70,752
Trade payables	(3,440)
Accrued liabilities	(2,812)
Net assets acquired	$ 64,500

Acquisitions - Pro Forma (Detai

Acquisitions - Pro Forma (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Business Acquisition [Line Items]
Weighted-average number of common shares outstanding (in shares)	12,242	11,729	12,242	11,101
SL Industries, Inc. (SLI) and EME
Business Acquisition [Line Items]
Net sales			$ 725,738	$ 757,609
Income from continuing operations, net of tax			$ 14,706	$ 17,142
Income from continuing operations, net of tax, per share ($ per share)			$ 1.20	$ 1.40
Weighted-average number of common shares outstanding (in shares)			12,242	12,211

Asset Impairment Charges (Detai

Asset Impairment Charges (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Jun. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges		$ 7,900	$ 10,398	$ 0
Property and equipment impairment	$ 1,500	6,600
Intangibles impairment		400
Inventory writedown	500	$ 900
Joining Materials
Impaired Assets to be Disposed of by Method Other than Sale [Line Items]
Asset impairment charges	$ 2,500

Discontinued Operations - Narra

Discontinued Operations - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 18, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Effective tax rate (as a percent)	52.20%	42.90%	47.90%	41.90%
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
Effective tax rate (as a percent)					4.40%

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales		$ 0		$ 5,952
Operating income		0		920
Other income		0		10
Tax provision		0		365
Income from discontinued operations, net of tax	$ 0	0	$ 0	565
Gain on disposal of assets		316		93,732
Tax provision		121		4,164
Gain on disposal of assets, net of tax	0	195	0	89,568
Net income from discontinued operations	$ 0	$ 195	$ 0	$ 90,133

Inventories - Summary of Invent

Inventories - Summary of Inventories (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Finished products	$ 32,714	$ 31,355
In-process	22,723	19,873
Raw materials	36,015	18,451
Fine and fabricated precious metals in various stages of completion	20,188	13,155
Inventory, before LIFO reserve	111,640	82,834
LIFO reserve	(1,828)	(30)
Total	$ 109,812	$ 82,804

Inventories - Narrative (Detail

Inventories - Narrative (Details)	Sep. 30, 2016oz
Inventory Disclosure [Abstract]
Customer metal, ounces of silver (in ounces)	139,450
Customer metal, ounces of gold (in ounces)	520
Customer metal, ounces of palladium (in ounces)	1,391

Inventories - Supplemental Inve

Inventories - Supplemental Inventory Information (Details) $ in Thousands	Sep. 30, 2016$ / oz	Dec. 31, 2015USD ($)$ / oz
Inventory Disclosure [Abstract]
Precious metals stated at LIFO cost | $		$ 3,506
Precious metals stated under non-LIFO cost methods, primarily at fair value | $		$ 9,619
Silver (in dollars per ounce)	19.80	13.86
Gold (in dollars per ounce)	1,338.65	1,062.25
Palladium (in dollars per ounce)	697	547

Goodwill and Other Intangible50

Goodwill and Other Intangibles - Changes in Carrying Amount of Goodwill (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2016USD ($)
Goodwill [Roll Forward]
Balance at beginning of period	$ 121,829
Foreign Currency Translation Adjustments	5
Additions	87,003
Adjustments	(174)
Balance at end of period	208,663
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	0
Joining Materials
Goodwill [Roll Forward]
Balance at beginning of period	16,210
Foreign Currency Translation Adjustments	5
Additions	0
Adjustments	0
Balance at end of period	16,215
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	71,388
Foreign Currency Translation Adjustments	0
Additions	0
Adjustments	0
Balance at end of period	71,388
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses
Performance Materials
Goodwill [Roll Forward]
Balance at beginning of period	32,336
Foreign Currency Translation Adjustments	0
Additions	0
Adjustments	(174)
Balance at end of period	32,162
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	0
Electrical Products
Goodwill [Roll Forward]
Balance at beginning of period	0
Foreign Currency Translation Adjustments	0
Additions	87,003
Adjustments	0
Balance at end of period	87,003
Goodwill, Impaired, Accumulated Impairment Loss [Abstract]
Accumulated Impairment Losses	$ 0

Goodwill and Other Intangible51

Goodwill and Other Intangibles - Other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Cost	$ 178,076		$ 178,076		$ 61,512
Accumulated Amortization	(27,192)		(27,192)		(18,395)
Net	150,884		150,884		43,117
Amortization expense of other intangible assets	6,200	$ 1,200	9,000	$ 2,900
SL Industries, Inc. (SLI) and Electromagnetic Enterprise (EME)
Finite-Lived Intangible Assets [Line Items]
Other intangibles	116,700		116,700
Remainder of 2016	4,200		4,200
2,017	13,300		13,300
2,018	11,600		11,600
2,019	10,300		10,300
2,020	9,200		9,200
Amortization after five years	62,600		62,600
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost	123,067		123,067		35,077
Accumulated Amortization	(15,070)		(15,070)		(10,702)
Net	107,997		107,997		24,375
Trademarks, trade names and brand names
Finite-Lived Intangible Assets [Line Items]
Cost	27,339		27,339		12,739
Accumulated Amortization	(3,692)		(3,692)		(2,649)
Net	23,647		23,647		10,090
Developed technology, patents and patent applications
Finite-Lived Intangible Assets [Line Items]
Cost	16,396		16,396		5,591
Accumulated Amortization	(3,176)		(3,176)		(2,591)
Net	13,220		13,220		3,000
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Cost	774		774		774
Accumulated Amortization	(733)		(733)		(714)
Net	41		41		60
Customer order backlog
Finite-Lived Intangible Assets [Line Items]
Cost	3,140		3,140		0
Accumulated Amortization	(2,140)		(2,140)		0
Net	1,000		1,000		0
Other
Finite-Lived Intangible Assets [Line Items]
Cost	7,360		7,360		7,331
Accumulated Amortization	(2,381)		(2,381)		(1,739)
Net	$ 4,979		$ 4,979		$ 5,592

Investment - Narrative (Details

Investment - Narrative (Details) - USD ($) $ / shares in Units, $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Schedule of Equity Method Investments [Line Items]
Investment in associated company	$ 12,908	$ 20,923
ModusLink | Handy & Harman Ltd.
Schedule of Equity Method Investments [Line Items]
Number of shares owned (in shares)	8,436,715	8,436,715
ModusLink | SPLP
Schedule of Equity Method Investments [Line Items]
Number of shares owned (in shares)	16,476,730
Ownership percentage (as a percent)	29.80%
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	$ 12,900	$ 20,900

Investment - Summarized Informa

Investment - Summarized Information (Details) - ModusLink - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2016	Jul. 31, 2015	Jul. 31, 2016	Jul. 31, 2015
Equity Method Investment, Summarized Financial Information, Liabilities and Equity [Abstract]
Current assets	$ 319,891	$ 413,642	$ 319,891	$ 413,642
Non-current assets	29,054	32,860	29,054	32,860
Current liabilities	194,766	211,353	194,766	211,353
Non-current liabilities	68,239	90,548	68,239	90,548
Stockholders' equity	85,940	144,601	85,940	144,601
Equity Method Investment, Summarized Financial Information, Income Statement [Abstract]
Net revenue	101,508	119,685	317,934	374,229
Gross profit	6,477	10,041	12,306	35,647
Loss from continuing operations	(19,711)	(4,989)	(46,508)	(18,651)
Net loss	$ (19,711)	$ (4,989)	$ (46,508)	$ (18,651)

Credit Facilities - Schedule of

Credit Facilities - Schedule of Debt (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Short-term debt
Short-term debt	$ 569	$ 742
Long-term debt
Long-term debt	302,865	98,826
Less portion due within one year	3,192	1,720
Total long-term debt	299,673	97,106
Total debt	303,434	99,568
Revolving facilities
Long-term debt
Long-term debt	294,994	90,613
Other H&H debt - domestic
Long-term debt
Long-term debt	6,601	6,936
Foreign loan facilities
Long-term debt
Long-term debt	$ 1,270	$ 1,277

Credit Facilities - Senior Cred

Credit Facilities - Senior Credit Facility (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Mar. 23, 2016	Aug. 29, 2014	Feb. 28, 2013
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
Revolving facilities | Line of Credit
Debt Instrument [Line Items]
Revolving credit facility		$ 400,000,000	$ 365,000,000
Additional borrowing capacity		$ 35,000,000
Weighted average interest rate (as a percent)	3.24%
Remaining borrowing capacity	$ 75,000,000
Revolving facilities | Line of Credit | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	2.25%
Revolving facilities | Line of Credit | U.S. Base Rate
Debt Instrument [Line Items]
Basis spread on variable rate (as a percent)	1.25%
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 | Master lease agreement
Debt Instrument [Line Items]
Revolving credit facility	$ 10,000,000

Derivative Instruments - Outsta

Derivative Instruments - Outstanding Forward Contracts (Details) - Forward Contracts $ in Millions	9 Months Ended
	Sep. 30, 2016USD ($)Tozlb
Total derivatives not designated as hedging instruments | Silver, Ounces
Derivative [Line Items]
Amount | oz	752,684
Notional Value	$ 15.1
Total derivatives not designated as hedging instruments | Gold, Ounces
Derivative [Line Items]
Amount | oz	400
Notional Value	$ 0.5
Total derivatives not designated as hedging instruments | Copper, Pounds
Derivative [Line Items]
Amount | lb	275,000
Notional Value	$ 0.6
Total derivatives not designated as hedging instruments | Tin, Tons
Derivative [Line Items]
Amount | T	45
Notional Value	$ 0.9
Total derivatives designated as hedging instruments | Silver and Copper, Ounces
Derivative [Line Items]
Amount | oz	557,684

Derivative Instruments - Effect

Derivative Instruments - Effects of Derivative Instruments in the Consolidated Statements of Operations (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	$ (275)	$ 168	$ (814)	$ 273
Total Impact on Derivative Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(1,512)	668	(4,527)	967
Total derivatives designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(1,152)	585	(3,533)	564
Total derivatives designated as hedging instruments | Commodity contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(1,152)	585	(3,533)	564
Total derivatives not designated as hedging instruments
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(360)	83	(994)	403
Total derivatives not designated as hedging instruments | Commodity contracts | Cost of goods sold
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(85)	(69)	(180)	209
Total derivatives not designated as hedging instruments | Commodity contracts | Realized and unrealized (loss) gain on derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	(275)	168	(814)	273
Total derivatives not designated as hedging instruments | Interest rate swap agreements | Interest expense
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on derivative instruments	$ 0	$ (16)	$ 0	$ (79)

Derivative Instruments - Fair V

Derivative Instruments - Fair Value of Derivative Instruments on the Consolidated Balance Sheets (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Total derivatives	$ 186	$ 185
Total derivatives designated as hedging instruments
Derivatives, Fair Value [Line Items]
Total derivatives	148	197
Total derivatives designated as hedging instruments | Commodity contracts | Prepaid and other current assets
Derivatives, Fair Value [Line Items]
Total derivatives	148	197
Total derivatives not designated as hedging instruments
Derivatives, Fair Value [Line Items]
Total derivatives	38	(12)
Total derivatives not designated as hedging instruments | Commodity contracts | Prepaid and other current assets
Derivatives, Fair Value [Line Items]
Total derivatives	38	18
Total derivatives not designated as hedging instruments | Interest rate swap agreements | Other non-current liabilities
Derivatives, Fair Value [Line Items]
Total derivatives	$ 0	$ (30)

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details)	Sep. 30, 2016contract
Total derivatives not designated as hedging instruments
Derivative [Line Items]
Number of interest rate swaps held	2

Pension and Other Post-Retire60

Pension and Other Post-Retirement Benefits - Components of Net Periodic Pension Expense (Details) - Pension Plans - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 0	$ 9	$ 0	$ 9
Interest cost	4,507	5,057	13,880	14,577
Expected return on plan assets	(5,905)	(6,034)	(17,655)	(17,069)
Amortization of actuarial loss	3,219	2,729	9,879	8,389
Total	$ 1,821	$ 1,761	$ 6,104	$ 5,906

Pension and Other Post-Retire61

Pension and Other Post-Retirement Benefits - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Change in forecasted pension expense	$ 4.8		$ 4.8
Pension plan required minimum contributions, 2016			3.9
Pension plan required minimum contributions, 2017			34.8
Pension plan required minimum contributions, 2018			41.6
Pension plan required minimum contributions, 2019			38.9
Pension plan required minimum contributions, 2020			35.4
Pension plan required minimum contributions, thereafter			96.3
Other Postretirement Benefit Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Aggregate expense of other postretirement benefit plans	$ 0.6	$ 0.4	$ 1.6	$ 1.4

Stockholders' Equity (Details)

Stockholders' Equity (Details) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Apr. 28, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Acquired (in shares)	15,019
Payments for repurchase	$ 398	$ 0
Accumulated Other Comprehensive Loss
Balance	184,540
Balance	192,512
Foreign Currency Translation Adjustments
Accumulated Other Comprehensive Loss
Balance	(3,577)
Current period loss	101
Balance	(3,678)
Changes in Net Pension and Other Benefit Obligations
Accumulated Other Comprehensive Loss
Balance	(255,815)
Current period loss	94
Balance	(255,909)
Total
Accumulated Other Comprehensive Loss
Balance	(259,392)
Current period loss	195
Balance	$ (259,587)
Common Stock
Accumulated Other Comprehensive Income (Loss) [Line Items]
Authorized (in shares)			500,000

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Activity (Details) - 2007 Incentive Stock Plan - Restricted Stock	9 Months Ended
	Sep. 30, 2016shares
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding (in shares) [Roll Forward]
Balance at beginning of period (in shares)	1,400,406
Granted (in shares)	72,942
Forfeited (in shares)	(8,883)
Reduced for income tax obligations (in shares)	(16,320)
Balance at end of period (in shares)	1,448,145
Vested (in shares)	1,359,149
Non-vested (in shares)	88,996
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 (in shares)	575,131
Granted (in shares)	60,670
Forfeited (in shares)	(8,883)
Reduced for income tax obligations (in shares)	(16,320)
Balance at end of period (in shares)	610,598
Vested (in shares)	533,874
Non-vested (in shares)	76,724
Directors
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding (in shares) [Roll Forward]
Balance at beginning of period (in shares)	825,275
Granted (in shares)	12,272
Forfeited (in shares)	0
Reduced for income tax obligations (in shares)	0
Balance at end of period (in shares)	837,547
Vested (in shares)	825,275
Non-vested (in shares)	12,272

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	May 26, 2016	Dec. 31, 2015
2007 Incentive Stock Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options outstanding (shares)						13,000
Options exercise price ($ per share)						$ 90
Remaining/available (in shares)					626,855
2007 Incentive Stock Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for grant, restricted shares (in shares)			72,942
Non-cash stock based compensation	$ 0.3	$ 0.7	$ 1.2	$ 2.7
Unearned compensation expense, restricted shares	$ 1.3		$ 1.3
Estimated forfeiture rate, restricted shares (as a percent)	5.00%		5.00%
2007 Incentive Stock Plan | Restricted Stock | 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)			60,670
Award vesting period (in years)			3 years
2007 Incentive Stock Plan | Restricted Stock | Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares approved for grant, restricted shares (in shares)			12,272
Award vesting period (in years)			1 year
2016 Equity Incentive Award Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized (in shares)					1,000,000

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Tax provision	$ 6,790	$ 6,351	$ 11,788	$ 13,862
Effective tax rate (as a percent)	52.20%	42.90%	47.90%	41.90%
Domestic Tax Authority
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards					$ 71,300
JPS Industries, Inc.
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards					$ 47,000

Earnings Per Share - Computatio

Earnings Per Share - Computation of Basic Earnings per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Income from continuing operations, net of tax	$ 8,035	$ 4,418	$ 7,757	$ 13,952
Weighted-average number of common shares outstanding (in shares)	12,242	11,729	12,242	11,101
Income from continuing operations, net of tax, per share (in dollars per share)	$ 0.66	$ 0.37	$ 0.63	$ 1.26
Net (loss) income from discontinued operations	$ 0	$ 195	$ 0	$ 90,133
Discontinued operations, net of tax, per share (in dollars shares)	$ 0	$ 0.02	$ 0	$ 8.12
Net income	$ 8,035	$ 4,613	$ 7,757	$ 104,085
Net income per common share (in dollars per share)	$ 0.66	$ 0.39	$ 0.63	$ 9.38

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) - Recurring - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	$ 12,908	$ 20,923
Precious metal and commodity inventories recorded at fair value	14,099	10,380
Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	186	215
Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities		(30)
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment in associated company	12,908	20,923
Precious metal and commodity inventories recorded at fair value	14,099	10,380
Level 1 | Commodity contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities	0	0
Level 1 | Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities		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	186	215
Level 2 | Interest rate swap agreements
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative assets and liabilities		(30)
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

Fair Value Measurements - Narra

Fair Value Measurements - Narrative (Details) $ in Millions	Sep. 30, 2016USD ($)
Non-current Assets
Derivatives, Fair Value [Line Items]
Long-lived assets, currently not in use	$ 6.4

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($)	3 Months Ended	9 Months Ended
	Jun. 30, 2017	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015	Dec. 31, 2012
Environmetal Remediation Obligations [Line Items]
Accrued environmental liabilities, current		$ 5,519,000		$ 2,531,000
Accrued environmental liabilities, non-current contingencies		1,200,000
Insurance reimbursements			$ 2,800,000
Pennsauken | Scenario, Forecast | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Environmental loss contingencies, payments	$ 2,100,000
Camden | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Cost of additional work		1,400,000
Damages claimed					$ 1,800,000
Counteroffer		300,000
Camden | Minimum | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Best estimate of cost		300,000
Camden | Maximum | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Best estimate of cost		1,800,000
Camden - Past And Future Expenses | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Damages claimed					1,300,000
Natural Resource Damages | SL Industries, Inc. (SLI)
Environmetal Remediation Obligations [Line Items]
Damages claimed					$ 500,000
Environmental and Other Matters | Sold Parcel
Environmetal Remediation Obligations [Line Items]
Remediation cost, expected cost		100,000
Environmental and Other Matters | Adjacent Parcel
Environmetal Remediation Obligations [Line Items]
Remediation cost, expected cost		$ 200,000
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		$ 5,600,000
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		$ 1,800,000

Related Party Transactions - Na

Related Party Transactions - Narrative (Details) $ in Millions	May 03, 2015USD ($)employee	May 02, 2015USD ($)	Sep. 30, 2016USD ($)shares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)shares	Sep. 30, 2015USD ($)
SPH Group Holding LLC
Related Party Transaction [Line Items]
Common stock - outstanding (in shares) | shares			8,560,592		8,560,592
Ownership interest (as a percent)					69.90%
Affiliated Entity
Related Party Transaction [Line Items]
Related party management services fees and other arrangements	$ 10.6	$ 8.9			$ 8.9
Affiliated Entity | Corporate Services Fee
Related Party Transaction [Line Items]
Number of employees transferred | employee	3
SP Corporate
Related Party Transaction [Line Items]
Related party management services fees and other arrangements			$ 0.4	$ 0.2	$ 1.1	$ 0.4

Reportable Segments (Details)

Reportable Segments (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Segment Reporting Information [Line Items]
Net sales	$ 230,760	$ 181,139	$ 592,437	$ 485,596
Segment operating income (loss):	15,183	15,969	29,963	36,628
Unallocated pension expense	(1,821)	(1,761)	(6,104)	(5,906)
Interest expense	(2,071)	(1,208)	(4,486)	(3,483)
Realized and unrealized (loss) gain on derivatives	(275)	168	(814)	273
Other income (expense)	179	(113)	(65)	(318)
Income from continuing operations before tax and equity investment	13,016	14,816	24,598	33,100
Joining Materials
Segment Reporting Information [Line Items]
Net sales	45,013	45,360	134,006	144,094
Segment operating income (loss):	2,063	4,336	12,605	16,177
Tubing
Segment Reporting Information [Line Items]
Net sales	19,088	19,382	59,411	61,330
Segment operating income (loss):	3,190	3,799	10,960	10,226
Building Materials
Segment Reporting Information [Line Items]
Net sales	78,326	73,475	218,062	207,841
Segment operating income (loss):	14,832	13,685	33,788	28,943
Performance Materials
Segment Reporting Information [Line Items]
Net sales	25,217	28,065	76,201	28,065
Segment operating income (loss):	(443)	(2,400)	(7,408)	(2,400)
Electrical Products
Segment Reporting Information [Line Items]
Net sales	48,349	0	60,143	0
Segment operating income (loss):	241	0	(3,022)	0
Kasco
Segment Reporting Information [Line Items]
Net sales	14,767	14,857	44,614	44,266
Segment operating income (loss):	941	1,364	2,489	3,062
Total segment operating income
Segment Reporting Information [Line Items]
Segment operating income (loss):	20,824	20,784	49,412	56,008
Reconciling Items
Segment Reporting Information [Line Items]
Segment operating income (loss):	(3,845)	(3,222)	(13,707)	(13,783)
Unallocated pension expense	(1,821)	(1,761)	(6,104)	(5,906)
Gain from asset dispositions	$ 25	$ 168	$ 362	$ 309