FreightCar America (RAIL) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 31, 2015
Document and Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,015
Document Period End Date	Jun. 30, 2015
Current Fiscal Year End Date	--12-31
Entity Central Index Key	1,320,854
Entity Registrant Name	FreightCar America, Inc.
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		12,332,465

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash and cash equivalents	$ 25,955	$ 113,532
Restricted cash and restricted certificates of deposit	7,885	6,015
Marketable securities	42,002	47,961
Accounts receivable, net of allowance for doubtful accounts of $68 and $188, respectively	37,918	4,086
Inventories, net	150,288	82,259
Inventory on lease	0	116
Other current assets	11,141	7,057
Deferred income taxes, net	10,506	12,139
Total current assets	285,695	273,165
Property, plant and equipment, net	49,846	43,239
Railcars available for lease, net	16,247	22,897
Goodwill	22,128	22,128
Deferred income taxes, net	21,317	21,553
Other long-term assets	1,769	2,270
Total assets	397,002	385,252
Liabilities and Stockholders' Equity
Accounts and contractual payables	65,037	34,010
Accrued payroll and employee benefits	4,981	6,462
Accrued postretirement benefits	409	409
Accrued warranty	8,657	8,742
Customer deposits	7,271	43,977
Other current liabilities	6,869	4,725
Total current liabilities	93,224	98,325
Accrued pension costs	6,847	7,210
Accrued postretirement benefits, less current portion	74,799	73,474
Deferred income - state incentives long-term	3,855	0
Accrued taxes and other long-term liabilities	11,083	7,548
Total liabilities	189,808	186,557
Stockholders' equity
Preferred stock, $0.01 par value, 2,500,000 shares authorized (100,000 shares each designated as Series A voting and Series B non-voting, 0 shares issued and outstanding at June 30, 2015 and December 31, 2014)	0	0
Common stock, $0.01 par value, 50,000,000 shares authorized, 12,731,678 shares issued at June 30, 2015 and December 31, 2014	127	127
Additional paid in capital	92,895	100,303
Treasury stock, at cost, 399,213 and 665,869 shares at June 30, 2015 and December 31, 2014, respectively	(17,535)	(29,971)
Accumulated other comprehensive loss	(23,669)	(24,017)
Retained earnings	155,376	152,253
Total stockholders' equity	207,194	198,695
Total liabilities and stockholders' equity	$ 397,002	$ 385,252

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Allowance for Doubtful Accounts Receivable, Current	$ 68	$ 188
Preferred Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Preferred Stock, Shares Authorized	2,500,000	2,500,000
Preferred Stock, Shares Issued	0	0
Preferred Stock, Shares Outstanding	0	0
Common Stock, Par or Stated Value Per Share	$ 0.01	$ 0.01
Common Stock, Shares Authorized	50,000,000	50,000,000
Common Stock, Shares, Issued	12,731,678	12,731,678
Treasury Stock, Shares	399,213	665,869
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized	100,000	100,000
Series B Preferred Stock [Member]
Preferred Stock, Shares Authorized	100,000	100,000

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Operations [Abstract]
Revenues	$ 235,637	$ 139,688	$ 328,441	$ 195,774
Cost of sales	213,831	128,634	302,082	187,872
Gross profit	21,806	11,054	26,359	7,902
Selling, general and administrative expenses	10,924	8,678	19,767	17,081
Gain on sale of railcars available for lease	0	(4)	(1,187)	(18)
Operating income (loss)	10,882	2,380	7,779	(9,161)
Interest expense and deferred financing costs	(58)	(284)	(128)	(570)
Other income	31	13	83	41
Income (loss) before income taxes	10,855	2,109	7,734	(9,690)
Income tax provision (benefit)	3,458	494	2,410	(4,356)
Net income (loss)	$ 7,397	$ 1,615	$ 5,324	$ (5,334)
Net income (loss) per common share - basic	$ 0.60	$ 0.13	$ 0.44	$ (0.44)
Net income (loss) per common share - diluted	$ 0.60	$ 0.13	$ 0.43	$ (0.44)
Weighted average common shares outstanding - basic	12,195,683	11,999,750	12,108,636	11,994,667
Weighted average common shares outstanding - diluted	12,244,468	12,091,052	12,190,154	11,994,667
Dividends declared per common share	$ 0.09	$ 0.06	$ 0.18	$ 0.12

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Consolidated Statements of Comprehensive Income (Loss) [Abstract]
Net income (loss)	$ 7,397	$ 1,615	$ 5,324	$ (5,334)
Other comprehensive income:
Pension liability adjustments, net of tax	71	34	134	68
Postretirement liability adjustments, net of tax	112	99	214	198
Other comprehensive income	183	133	348	266
Comprehensive income (loss)	$ 7,580	$ 1,748	$ 5,672	$ (5,068)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid in Capital [Member]	Treasury Stock [Member]	Accumulated Other Comprehensive Loss [Member]	Retained Earnings [Member]	Total
Balance at Dec. 31, 2013	$ 127	$ 99,265	$ (30,970)	$ (15,132)	$ 149,245	$ 202,535
Balance (Shares) at Dec. 31, 2013	12,731,678		(682,264)
Net income (loss)					(5,334)	(5,334)
Other comprehensive income				266		266
Stock options exercised		(119)	$ 245			126
Stock options exercised, shares			5,400
Restricted stock awards		(935)	$ 935			0
Restricted stock awards, shares			20,712
Employee stock settlement			$ (217)			(217)
Employee stock settlement, shares			(8,488)
Stock-based compensation recognized		1,100				1,100
Cash dividends					(1,447)	(1,447)
Balance at Jun. 30, 2014	$ 127	99,311	$ (30,007)	(14,866)	142,464	197,029
Balance (Shares) at Jun. 30, 2014	12,731,678		(664,640)
Balance at Dec. 31, 2014	$ 127	100,303	$ (29,971)	(24,017)	152,253	198,695
Balance (Shares) at Dec. 31, 2014	12,731,678		(665,869)
Net income (loss)					5,324	5,324
Other comprehensive income				348		348
Stock options exercised		(5,728)	$ 10,613			4,885
Stock options exercised, shares			238,475
Restricted stock awards		(2,880)	$ 2,880			0
Restricted stock awards, shares			64,317
Forfeiture of restricted stock awards		9	$ (9)			0
Forfeiture of restricted stock awards, shares			(290)
Employee stock settlement			$ (1,048)			(1,048)
Employee stock settlement, shares			(35,846)
Stock-based compensation recognized		1,178				1,178
Excess tax benefit from stock-based compensation		13				13
Cash dividends					(2,201)	(2,201)
Balance at Jun. 30, 2015	$ 127	$ 92,895	$ (17,535)	$ (23,669)	$ 155,376	$ 207,194
Balance (Shares) at Jun. 30, 2015	12,731,678		(399,213)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income (loss)	$ 5,324	$ (5,334)
Adjustments to reconcile net income (loss) to net cash flows used in operating activities
Depreciation and amortization	4,597	4,945
Gain on sale of railcars available for lease	(1,187)	(18)
Deferred income taxes	1,670	(4,448)
Stock-based compensation recognized	1,178	1,100
Other non-cash items, net	1,622	744
Changes in operating assets and liabilities:
Accounts receivable	(33,832)	(6,136)
Inventories	(69,649)	(16,135)
Inventory on lease	116	(8,721)
Other assets	(3,644)	(16,398)
Accounts and contractual payables	30,576	22,063
Accrued payroll and employee benefits	(1,481)	1,091
Income taxes receivable/payable	734	491
Accrued warranty	(85)	1,201
Customer deposits and other liabilities	(33,007)	(65,758)
Accrued pension costs and accrued postretirement benefits	1,310	986
Net cash flows used in operating activities	(95,758)	(90,327)
Cash flows from investing activities
Restricted cash withdrawals	0	2,553
Purchase of restricted certificates of deposit	(2,165)	0
Maturity of restricted certificates of deposit	295	0
Purchase of securities held to maturity	(17,997)	(32,989)
Proceeds from maturity of securities	24,004	24,002
Proceeds from sale of property, plant and equipment and railcars available for lease	7,651	50
Purchases of property, plant and equipment	(10,163)	(5,645)
State incentives received	4,907	0
Net cash flows provided by (used in) investing activities	6,532	(12,029)
Cash flows from financing activities
Stock option exercise	4,885	126
Employee stock settlement	(1,048)	(217)
Excess tax benefit from stock-based compensation	13	0
Cash dividends paid to stockholders	(2,201)	(1,447)
Reduction in customer advance for production of leased railcars	0	(690)
Net cash flows provided by (used in) financing activities	1,649	(2,228)
Net decrease in cash and cash equivalents	(87,577)	(104,584)
Cash and cash equivalents at beginning of period	113,532	145,506
Cash and cash equivalents at end of period	25,955	40,922
Supplemental cash flow information:
Interest paid	94	35
Income taxes paid	529	20
Income tax refunds received	$ 319	$ 280

Description of the Business

Description of the Business	6 Months Ended
	Jun. 30, 2015
Description of the Business [Abstract]
Description of the Business	Note 1 – Description of the Business FreightCar America, Inc. ("FreightCar") operates primarily in North America through its direct and indirect subsidiaries, JAC Operations, Inc., Johnstown America, LLC, Freight Car Services, Inc., JAIX Leasing Company ("JAIX"), FreightCar Roanoke, LLC, FreightCar Mauritius Ltd. ("Mauritius"), FreightCar Rail Services, LLC, FreightCar Short Line, Inc. and FreightCar Alabama, LLC (herein collectively referred to as the "Company"), and manufactures a wide range of railroad freight cars, supplies railcar parts, leases freight cars and provides railcar maintenance and repairs. The Company designs and builds high-quality railcars, including coal cars, bulk commodity cars, covered hopper cars, intermodal and non-intermodal flat cars, mill gondola cars, coil steel cars and boxcars. The Company is headquartered in Chicago, Illinois and has facilities in the following locations: Cherokee, Alabama; Danville, Illinois; Grand Island, Nebraska; Hastings, Nebraska; Johnstown, Pennsylvania; and Roanoke, Virginia. The Company's operations comprise two

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation	Note 2 – Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of FreightCar America, Inc. and subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The foregoing financial information has been prepared in accordance with the accounting principles generally accepted in the United States of America ("GAAP") and rules and regulations of the U.S. Securities and Exchange Commission (the "SEC") for interim financial reporting. The preparation of the financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the full year. The accompanying interim financial information is unaudited; however, the Company believes the financial information reflects all adjustments (consisting of items of a normal recurring nature) necessary for a fair presentation of financial position, results of operations and cash flows in conformity with GAAP. The 2014 year-end balance sheet data was derived from the audited financial statements as of December 31, 2014. Certain information and note disclosures normally included in the Company's annual financial statements prepared in accordance with GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the audited financial statements contained in the Company's annual report on Form 10-K for the year ended December 31, 2014.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
Recent Accounting Pronouncements [Abstract]
Recent Accounting Pronouncements	Note 3 – Recent Accounting Pronouncements In July 2015, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") 2015-11, Inventory (Topic 330), In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) Amendments to the Consolidation Analysis, In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Segment Information	Note 4 – Segment Information The Company's operations comprise two Segment operating income is an internal performance measure used by the Company's Chief Operating Decision Maker to assess the performance of each segment in a given period. Segment operating income includes all external revenues attributable to the segments as well as operating costs and income that management believes are directly attributable to the current production of goods and services. The Company's management reporting package does not include interest revenue, interest expense or income taxes allocated to individual segments and these items are not considered as a component of segment operating income. Segment assets represent operating assets and exclude intersegment accounts, deferred tax assets and income tax receivables. The Company does not allocate cash and cash equivalents to its operating segments as the Company's treasury function is managed at the corporate level. Intersegment revenues were not material in any period presented. Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenues: Manufacturing $ 227,016 $ 128,756 $ 312,113 $ 176,758 Services 8,621 10,932 16,328 19,016 Consolidated revenues $ 235,637 $ 139,688 $ 328,441 $ 195,774 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Operating income (loss): Manufacturing $ 17,235 $ 7,433 $ 19,093 $ 2,399 Services 1,485 984 2,688 644 Corporate (7,838) (6,037) (14,002) (12,204) Consolidated operating income (loss) 10,882 2,380 7,779 (9,161) Consolidated interest expense and deferred financing costs (58) (284) (128) (570) Consolidated other income 31 13 83 41 Consolidated income (loss) before income taxes $ 10,855 $ 2,109 $ 7,734 $ (9,690) Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Depreciation and amortization: Manufacturing $ 1,581 $ 1,649 $ 3,027 $ 3,320 Services 341 377 685 788 Corporate 451 425 885 837 Consolidated depreciation and amortization $ 2,373 $ 2,451 $ 4,597 $ 4,945 Capital expenditures: Manufacturing $ 5,400 $ 2,889 $ 9,464 $ 5,131 Services 297 130 386 305 Corporate 158 115 313 209 Consolidated capital expenditures $ 5,855 $ 3,134 $ 10,163 $ 5,645 June 30, 2015 December 31, 2014 Assets: Manufacturing $ 258,361 $ 157,505 Services 21,071 18,085 Corporate 85,239 175,806 Total operating assets 364,671 351,396 Consolidated income taxes receivable 508 164 Consolidated deferred income taxes, current 10,506 12,139 Consolidated deferred income taxes, long-term 21,317 21,553 Consolidated assets $ 397,002 $ 385,252

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Fair Value Measurements	Note 5 – Fair Value Measurements The following table sets forth by level within the ASC 820 fair value hierarchy the Company's financial assets that were recorded at fair value on a recurring basis. Recurring Fair Value Measurements As of June 30, 2015 Level 1 Level 2 Level 3 Total ASSETS: Cash equivalents $ 95 $ — $ — $ 95 Restricted certificates of deposit $ 7,885 $ — $ — $ 7,885 Recurring Fair Value Measurements As of December 31, 2014 Level 1 Level 2 Level 3 Total ASSETS: Cash equivalents $ 50,070 $ — $ — $ 50,070 Restricted certificates of deposit $ 6,015 $ — $ — $ 6,015 No non-financial assets were recorded at fair value on a non-recurring basis at each of June 30, 2015 and December 31, 2014.

Marketable Securities

Marketable Securities	6 Months Ended
	Jun. 30, 2015
Marketable Securities [Abstract]
Marketable Securities	Note 6 – Marketable Securities The Company's current investment policy is to invest in cash, certificates of deposit, U.S. treasury securities, U.S. government agency obligations and money market funds invested in U.S. government securities. Marketable securities as of June 30, 2015 of $ 42,002 47,961

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventories [Abstract]
Inventories	Note 7 – Inventories Inventories, net of reserve for excess and obsolete items, consist of the following: June 30, December 31, Work in progress $ $ Finished new railcars Parts and service inventory Total inventories $ $ Inventory on the Company's condensed consolidated balance sheets includes reserves of $ 4,001 2,381

Leased Railcars

Leased Railcars	6 Months Ended
	Jun. 30, 2015
Leased Railcars [Abstract]
Leased Railcars	Note 8 – Leased Railcars Inventory on lease was $ 0 116 16,247 19,230 2,983 22,897 26,852 3,955 65 100 Leased railcars at June 30, 2015 are subject to lease agreements with external customers with terms of up to six Future minimum rental revenues on leased railcars at June 30, 2015 are as follows: Six months ending December 31, 2015 $ 636 Year ending December 31, 2016 1,256 Year ending December 31, 2017 1,256 Year ending December 31, 2018 668 Year ending December 31, 2019 551 Thereafter 826 $ 5,193

Property, Plant and Equipment

Property, Plant and Equipment	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	Note 9 – Property, Plant and Equipment Property, plant and equipment consists of the following: June 30, 2015 December 31, 2014 Buildings and improvements $ 10,821 $ 10,731 Machinery and equipment 57,534 50,771 Software 8,714 8,299 Leasehold improvements 8,262 6,983 Cost of buildings and improvements, leasehold improvements, machinery, equipment and software 85,331 76,784 Less: Accumulated depreciation and amortization (43,160) (38,747) Buildings and improvements, leasehold improvements, machinery, equipment and software, net of accumulated depreciation and amortization 42,171 38,037 Land (including easements) 2,365 1,976 Construction in process 5,310 3,226 Total property, plant and equipment, net $ 49,846 $ 43,239

Intangible Assets and Goodwill

Intangible Assets and Goodwill	6 Months Ended
	Jun. 30, 2015
Intangible Assets and Goodwill [Abstract]
Intangible Assets and Goodwill	Note 10 – Intangible Assets and Goodwill Intangible assets consist of the following: June 30, December 31, Patents $ 13,097 $ 13,097 Accumulated amortization (12,442) (12,147) Patents, net of accumulated amortization 655 950 Customer-related intangibles 1,194 1,194 Accumulated amortization (545) (491) Customer-related intangibles, net of accumulated amortization 649 703 Total amortizing intangibles $ 1,304 $ 1,653 Manufacturing segment goodwill $ 21,521 $ 21,521 Services segment goodwill 607 607 Total goodwill $ 22,128 $ 22,128 Patents are being amortized on a straight-line basis over their remaining legal life from the date of acquisition. The weighted average remaining life of the Company's patents is approximately two years. Amortization expense related to patents, which is included in cost of sales, was $ 148 15 27 32 54 65 The estimated future intangible amortization at June 30, 2015 is as follows: Six months ending December 31, 2015 $ 349 Year ending December 31, 2016 457 Year ending December 31, 2017 91 Year ending December 31, 2018 73 Year ending December 31, 2019 60 Thereafter 274 $1,304

Product Warranties

Product Warranties	6 Months Ended
	Jun. 30, 2015
Product Warranties [Abstract]
Product Warranties	Note 11 – Product Warranties Warranty terms are based on the negotiated railcar sales contracts. The Company typically warrants that new railcars produced by it will be free from defects in material and workmanship under normal use and service identified for a period of up to five Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Balance at the beginning of the period $ 8,279 $ 7,039 $ 8,742 $ 6,957 Provision for warranties issued during the period 884 588 1,236 790 Reductions for payments, cost of repairs and other (506) (141) (981) (261) Adjustments to prior warranties — 672 (340) 672 Balance at the end of the period $ 8,657 $ 8,158 $ 8,657 $ 8,158

State Incentives

State Incentives	6 Months Ended
	Jun. 30, 2015
State Incentives [Abstract]
State Incentives	Note 12 – State Incentives The Company records state incentives when there is reasonable assurance that the incentive will be received and the Company is able to comply with the conditions attached to the incentives received. State incentives related to assets are recorded as deferred income and recognized on a straight-line basis over the useful life of the related assets. During the first quarter of 2015, the Company received a cash payment of $ 4,907 Under the incentive agreement, a certain portion of the incentives may be repayable by the Company to the State of Alabama if a targeted level of employment is not maintained. The Company's level of employment at its Shoals facility currently exceeds and is expected to continue to exceed the targeted level of employment. The changes in deferred income from state incentives for the three and six months ended June 30, 2015 and 2014, are as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Balance at the beginning of the period $ 4,732 $ — $ — $ — State incentives received during the period — — 4,907 — Amortization of state incentives as reduction of cost of sales (176) — (351) — Balance at the end of the period, including current portion $ 4,556 $ — $ 4,556 $ —

Revolving Credit Facility

Revolving Credit Facility	6 Months Ended
	Jun. 30, 2015
Revolving Credit Facility [Abstract]
Revolving Credit Facility	Note 13 – Revolving Credit Facility The Company entered into a $ 50,000 July 26, 2013 30,000 7,885 42,115 July 26, 2016 revolving loans outstanding thereunder will bear interest at a rate of LIBOR plus an applicable margin of 1.50% or at a base rate, as selected by the Company. Base rate loans will bear interest at the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate or (c) LIBOR plus 1.00%. 0.10 0.30 Borrowings under the Revolving Credit Facility are secured by a first priority perfected security interest in substantially all of the Borrowers' assets excluding railcars held by the Company's railcar leasing subsidiary, JAIX. The Borrowers also have pledged all of the equity interests in the Company's direct and indirect domestic subsidiaries as security for the Revolving Credit Facility. 35,000 As of December 31, 2014, the Company had $ 6,015 43,985

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Accumulated Other Comprehensive Income (Loss)	Note 14 – Accumulated Other Comprehensive Income (Loss) The changes in accumulated other comprehensive income (loss) consist of the following: Pre-Tax Tax Net of Tax Three months ended June 30, 2015 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 84 26 $ 110 $ 39 $ 71 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 142 20 162 57 105 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 9 2 11 4 7 $ 283 $ 100 $ 183 Pre-Tax Tax Net of Tax Three months ended June 30, 2014 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 44 9 $ 53 $ 19 $ 34 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 82 10 92 32 60 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 53 7 60 21 39 $ 205 $ 72 $ 133 \ Pre-Tax Tax Net of Tax Six months ended June 30, 2015 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 167 53 $ 220 $ 86 $ 134 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 284 40 324 124 200 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 18 3 21 7 14 $ 565 $ 217 $ 348 Pre-Tax Tax Net of Tax Six months ended June 30, 2014 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 88 18 $ 106 $ 38 $ 68 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 165 20 185 65 120 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 106 14 120 42 78 $ 411 $ 145 $ 266 The components of accumulated other comprehensive loss consist of the following: June 30, 2015 December 31, 2014 Unrecognized pension cost, net of tax of $ 6,439 6,525 $ (10,504) $ (10,638) Unrecognized postretirement cost, net of tax of $ 7,855 7,986 (13,165) (13,379) $ (23,669) $ (24,017)

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Note 15 – Stock-Based Compensation The Company recognizes stock-based compensation expense for stock option awards based on the fair value of the award on the grant date using the Black-Scholes option valuation model. Expected life in years for all stock options awards was determined using the simplified method. The Company believes that it is appropriate to use the simplified method in determining the expected life for options because the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term for stock options and due to the limited number of stock option grants to date. Expected volatility was based on the historical volatility of the Company's stock. The risk-free interest rate was based on the U.S. Treasury bond rate for the expected life of the option. The expected dividend yield was based on the latest annualized dividend rate and the current market price of the underlying common stock on the date of the grant. The Company recognizes stock-based compensation for restricted stock awards over the vesting period based on the fair market value of the stock on the date of the award, calculated as the average of the high and low trading prices for the Company's common stock on the award date. Total stock-based compensation was $ 575 560 1,178 1,100 3,413 31

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Jun. 30, 2015
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Note 16 – Employee Benefit Plans The Company has qualified, defined benefit pension plans that were established to provide benefits to certain employees. These plans are frozen and participants are no longer accruing benefits. The Company also provides certain postretirement health care benefits for certain of its salaried and hourly retired employees. Generally, employees may become eligible for health care benefits if they retire after attaining specified age and service requirements. These benefits are subject to deductibles, co-payment provisions and other limitations. A substantial portion of the Company's postretirement benefit plan obligation relates to an expired settlement agreement with the union representing employees at the Company's and its predecessors' Johnstown manufacturing facilities. The terms of that settlement agreement (the "2005 Settlement Agreement") required the Company to pay until November 30, 2012 certain monthly amounts toward the cost of retiree health care coverage. The Company engaged in voluntary negotiations for two years in an effort to reach a consensual agreement related to the expired 2005 Settlement Agreement but no agreement was reached. The Company terminated, effective November 1, 2013, its contributions for medical coverage and life insurance benefits to affected retirees and is seeking declaratory relief to confirm the Company's rights under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), to reduce or terminate retiree medical coverage and life insurance benefits pursuant to the plans that were the subject of the 2005 Settlement Agreement. On July 9, 2013, the union and certain retiree defendants filed suit in the United States District Court for the Western District of Pennsylvania regarding the same dispute (see Note 17). The outcome of the pending litigation and the impact on the Company's postretirement benefit plan obligation cannot be determined at this time. The Company's recorded postretirement benefit plan obligation assumes for accounting purposes a continuation of those monthly payments after November 30, 2012 (as was permitted under the settlement). However, the Company's postretirement benefit plan obligation could significantly increase or decrease as a result of the litigation or if the parties agree to an alternative settlement agreement. Generally, contributions to the plans are not less than the minimum amounts required under ERISA and not more than the maximum amount that can be deducted for federal income tax purposes. The plans' assets are held by independent trustees and consist primarily of equity and fixed income securities. The components of net periodic benefit cost (benefit) for the three and six months ended June 30, 2015 and 2014, are as follows: Three Months Ended June 30, Six Months Ended June 30, Pension Benefits 2015 2014 2015 2014 Interest cost $ 580 $ 661 $ 1,160 $ 1,322 Expected return on plan assets (761) (905) (1,522) (1,810) Amortization of unrecognized net loss 110 53 220 106 $ (71) $ (191) $ (142) $ (382) Three Months Ended June 30, Six Months Ended June 30, Postretirement Benefit Plan 2015 2014 2015 2014 Service cost $ 17 $ 16 $ 34 $ 32 Interest cost 743 750 1,486 1,500 Amortization of prior service cost 11 60 21 120 Amortization of unrecognized net loss 162 92 324 185 $ 933 $ 918 $ 1,865 $ 1,837 The Company made contributions to the Company's defined benefit pension plans of $ 0 48 0 109 no The Company made contributions to the Company's postretirement benefit plan of $ 99 110 195 216 409 The Company also maintains qualified defined contribution plans, which provide benefits to employees based on employee contributions, employee earnings or certain subsidiary earnings, with discretionary contributions allowed. Expenses related to these plans were $ 761 387 1,363 699

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2015
Contingencies [Abstract]
Contingencies	Note 17 – Contingencies The Company is involved in various warranty and repair claims and, in certain cases, related pending and threatened legal proceedings with its customers in the normal course of business. In the opinion of management, the Company's potential losses in excess of the accrued warranty and legal provisions, if any, are not expected to be material to the Company's consolidated financial condition, results of operations or cash flows. On July 8, 2013 As described in the Complaint, pursuant to the 2005 Settlement Agreement among the Company, the USW and the Retiree Defendants, the Company agreed to make certain levels of contributions to medical coverage for the Retiree Defendants and to continue to provide life insurance benefits at their amount at that time under certain of the Company's employee welfare benefit plans. On July 9, 2013 Zanghi, et al. v. FreightCar America, Inc., et al., The complaint filed with the Pennsylvania Court alleges that the Company does not have the right to terminate welfare benefits previously provided to the Retiree Defendants and requests, among other relief, entry of a judgment finding that the Retiree Defendants have a vested right to specified welfare benefits. On July 26, 2013, the Pennsylvania Plaintiffs filed with the Illinois Court a Motion to Dismiss Pursuant to Fed. R. Civ. P. 12(b) or in the Alternative, to Transfer Pursuant to 28 U.S.C. 1404(a), as well as a Motion to Stay and/or Prevent Plaintiff from Obtaining Defaults against the Retiree Defendants. On August 5, 2013, the Company filed with the Pennsylvania Court a Motion to Dismiss Pursuant to Fed. R. Civ. P. 12(b) or in the Alternative, to Transfer Pursuant to 28 U.S.C. 1404(a). On January 14, 2014, the Pennsylvania Court denied the Company's motion to dismiss and, on January 16, 2014, the Illinois Court transferred the Company's case to the Pennsylvania Court. On January 31, 2014, the Company filed a motion to consolidate both cases before the Pennsylvania Court. On April 3, 2014, the Pennsylvania Court entered an order (the "Initial Procedural Order") that, among other things, consolidated both cases before the Pennsylvania Court, certified a class for purposes of the consolidated actions, established discovery parameters and deadlines and established a briefing schedule applicable to the parties' cross motions for summary judgment as to liability only. On July 17, 2014, the parties filed with the Pennsylvania Court their respective motions for summary judgment as to liability. On March 30, 2015, the Pennsylvania Court issued an order denying both parties' summary judgment motions. A trial has been scheduled to commence on August 25, 2015 in the Pennsylvania Court. The ultimate outcome of the proceedings before the Pennsylvania Court cannot be determined at this time. On September 5, 2013, the Pennsylvania Plaintiffs and certain putative class representatives filed a Plaintiffs' Motion for Temporary Restraining Order and Preliminary Injunction (the "TRO Motion") with the Pennsylvania Court. In the TRO Motion, the plaintiffs requested that the Pennsylvania Court enter an injunction requiring the Company to continue to make monthly contributions at the same rate established by the 2005 Settlement Agreement until the parties' dispute is fully adjudicated on the merits. Following entry of the Initial Procedural Order, the Pennsylvania Court denied the TRO Motion without prejudice. The Company has recorded postretirement benefit plan obligations, a substantial portion of which relates to the dispute now before the Pennsylvania Court (see Note 16). On April 17, 2015, National Steel Car Limited filed a Complaint for Patent Infringement against the Company in the Illinois Court. The complaint seeks injunctive relief and an unspecified amount of damages. The Company believes that the complaint is without merit and intends to vigorously defend against the allegations. While the ultimate outcome of these proceedings cannot be determined at this time, it is the opinion of management that the resolution of this action will not have a material adverse effect on the Company's financial position, results of operations or cash flows. In addition to the foregoing, the Company is involved in certain other pending and threatened legal proceedings, including commercial disputes and workers' compensation and employee matters arising out of the conduct of its business. While the ultimate outcome of these other legal proceedings cannot be determined at this time, it is the opinion of management that the resolution of these other actions will not have a material adverse effect on the Company's financial condition, results of operations or cash flows.

Other Commitments

Other Commitments	6 Months Ended
	Jun. 30, 2015
Other Commitments [Abstract]
Other Commitments	Note 18 - Other Commitments The Company leases certain property and equipment under long-term operating leases expiring at various dates through 2024. The leases generally contain specific renewal options at lease-end at the then fair market amounts Future minimum lease payments at June 30, 2015 are as follows: Six months ending December 31, 2015 $ 5,187 Year ending December 31, 2016 10,171 Year ending December 31, 2017 9,830 Year ending December 31, 2018 9,879 Year ending December 31, 2019 9,930 Thereafter 28,810 $ 73,807 . The Company is liable for maintenance, insurance and similar costs under most of its leases and such costs are not included in the future minimum lease payments. Total rental expense for the three months ended June 30, 2015 and 2014, was approximately $ 2,604 2,330 5,201 4,669 The Company is party to non-cancelable agreements with its suppliers to purchase certain materials used in the manufacturing process. The commitments may vary based on the actual quantities ordered and be subject to the actual price when ordered. At June 30, 2015, the Company had purchase commitments under these agreements as follows: Six months ending December 31, 2015 $ 4,395 Year ending December 31, 2016 6,310 Year ending December 31, 2017 8,403 Year ending December 31, 2018 — Year ending December 31, 2019 — Thereafter — $ 19,108

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Note 19 – Earnings Per Share Shares used in the computation of the Company's basic and diluted earnings per common share are reconciled as follows: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Weighted average common shares outstanding 12,195,683 11,999,750 12,108,636 11,994,667 Dilutive effect of employee stock options and nonvested share awards 48,785 91,302 81,518 — Weighted average diluted common shares outstanding 12,244,468 12,091,052 12,190,154 11,994,667 Weighted average diluted common shares outstanding include the incremental shares that would be issued upon the assumed exercise of stock options and the assumed vesting of nonvested share awards. For the three months ended June 30, 2015 and 2014, 289,102 451,965 289,870 824,334

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Taxes [Abstract]
Income Taxes	Note 20 – Income Taxes The Company's income tax provision was $ 3,458 494 31.9 35 (2.8) (2.8) 3.1 (0.6) 23.4 35 (14.2) 1.5 1.1 The Company's income tax provision was $ 2,410 4,356 31.2 35 (2.8) (3.9) 3.1 (0.2) 45.0 35 7.5 1.9 0.6

Basis of Presentation (Policy)

Basis of Presentation (Policy)	6 Months Ended
	Jun. 30, 2015
Basis of Presentation [Abstract]
Basis of Presentation [Policy Text Block]	Note 2 – Basis of Presentation The accompanying condensed consolidated financial statements include the accounts of FreightCar America, Inc. and subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. The foregoing financial information has been prepared in accordance with the accounting principles generally accepted in the United States of America ("GAAP") and rules and regulations of the U.S. Securities and Exchange Commission (the "SEC") for interim financial reporting. The preparation of the financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these estimates. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results to be expected for the full year. The accompanying interim financial information is unaudited; however, the Company believes the financial information reflects all adjustments (consisting of items of a normal recurring nature) necessary for a fair presentation of financial position, results of operations and cash flows in conformity with GAAP. The 2014 year-end balance sheet data was derived from the audited financial statements as of December 31, 2014. Certain information and note disclosures normally included in the Company's annual financial statements prepared in accordance with GAAP have been condensed or omitted. These interim financial statements should be read in conjunction with the audited financial statements contained in the Company's annual report on Form 10-K for the year ended December 31, 2014.

Recent Accounting Pronounceme29

Recent Accounting Pronouncements (Policy)	6 Months Ended
	Jun. 30, 2015
Recent Accounting Pronouncements [Abstract]
New Accounting Pronouncements, Policy [Policy Text Block]	Note 3 – Recent Accounting Pronouncements In July 2015, the Financial Accounting Standards Board (the "FASB") issued Accounting Standards Update ("ASU") 2015-11, Inventory (Topic 330), In April 2015, the FASB issued ASU 2015-03, Simplifying the Presentation of Debt Issuance Costs, In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810) Amendments to the Consolidation Analysis, In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue Recognition

Segment Information (Policy)

Segment Information (Policy)	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Segment Information [Policy]	The Company's operations comprise two Segment operating income is an internal performance measure used by the Company's Chief Operating Decision Maker to assess the performance of each segment in a given period. Segment operating income includes all external revenues attributable to the segments as well as operating costs and income that management believes are directly attributable to the current production of goods and services. The Company's management reporting package does not include interest revenue, interest expense or income taxes allocated to individual segments and these items are not considered as a component of segment operating income. Segment assets represent operating assets and exclude intersegment accounts, deferred tax assets and income tax receivables. The Company does not allocate cash and cash equivalents to its operating segments as the Company's treasury function is managed at the corporate level. Intersegment revenues were not material in any period presented.

Stock-Based Compensation (Polic

Stock-Based Compensation (Policy)	6 Months Ended
	Jun. 30, 2015
Stock-Based Compensation [Abstract]
Compensation Related Costs, Policy [Policy Text Block]	The Company recognizes stock-based compensation expense for stock option awards based on the fair value of the award on the grant date using the Black-Scholes option valuation model. Expected life in years for all stock options awards was determined using the simplified method. The Company believes that it is appropriate to use the simplified method in determining the expected life for options because the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term for stock options and due to the limited number of stock option grants to date. Expected volatility was based on the historical volatility of the Company's stock. The risk-free interest rate was based on the U.S. Treasury bond rate for the expected life of the option. The expected dividend yield was based on the latest annualized dividend rate and the current market price of the underlying common stock on the date of the grant. The Company recognizes stock-based compensation for restricted stock awards over the vesting period based on the fair market value of the stock on the date of the award, calculated as the average of the high and low trading prices for the Company's common stock on the award date.

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Information [Abstract]
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Revenues: Manufacturing $ 227,016 $ 128,756 $ 312,113 $ 176,758 Services 8,621 10,932 16,328 19,016 Consolidated revenues $ 235,637 $ 139,688 $ 328,441 $ 195,774 Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Operating income (loss): Manufacturing $ 17,235 $ 7,433 $ 19,093 $ 2,399 Services 1,485 984 2,688 644 Corporate (7,838) (6,037) (14,002) (12,204) Consolidated operating income (loss) 10,882 2,380 7,779 (9,161) Consolidated interest expense and deferred financing costs (58) (284) (128) (570) Consolidated other income 31 13 83 41 Consolidated income (loss) before income taxes $ 10,855 $ 2,109 $ 7,734 $ (9,690) Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Depreciation and amortization: Manufacturing $ 1,581 $ 1,649 $ 3,027 $ 3,320 Services 341 377 685 788 Corporate 451 425 885 837 Consolidated depreciation and amortization $ 2,373 $ 2,451 $ 4,597 $ 4,945 Capital expenditures: Manufacturing $ 5,400 $ 2,889 $ 9,464 $ 5,131 Services 297 130 386 305 Corporate 158 115 313 209 Consolidated capital expenditures $ 5,855 $ 3,134 $ 10,163 $ 5,645
Reconciliation of Assets from Segment to Consolidated [Table Text Block]	June 30, 2015 December 31, 2014 Assets: Manufacturing $ 258,361 $ 157,505 Services 21,071 18,085 Corporate 85,239 175,806 Total operating assets 364,671 351,396 Consolidated income taxes receivable 508 164 Consolidated deferred income taxes, current 10,506 12,139 Consolidated deferred income taxes, long-term 21,317 21,553 Consolidated assets $ 397,002 $ 385,252

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Measurements [Abstract]
Financial Assets And Liabilities That Were Recorded At Fair Value On A Recurring Basis [Table Text Block]	Recurring Fair Value Measurements As of June 30, 2015 Level 1 Level 2 Level 3 Total ASSETS: Cash equivalents $ 95 $ — $ — $ 95 Restricted certificates of deposit $ 7,885 $ — $ — $ 7,885 Recurring Fair Value Measurements As of December 31, 2014 Level 1 Level 2 Level 3 Total ASSETS: Cash equivalents $ 50,070 $ — $ — $ 50,070 Restricted certificates of deposit $ 6,015 $ — $ — $ 6,015

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 30, 2015
Inventories [Abstract]
Schedule of Inventory Current [Table Text Block]	June 30, December 31, Work in progress $ $ Finished new railcars Parts and service inventory Total inventories $ $

Leased Railcars (Tables)

Leased Railcars (Tables)	6 Months Ended
	Jun. 30, 2015
Leased Railcars [Abstract]
Future Minimum Rental Revenues On Leases [Table Text Block]	Six months ending December 31, 2015 $ 636 Year ending December 31, 2016 1,256 Year ending December 31, 2017 1,256 Year ending December 31, 2018 668 Year ending December 31, 2019 551 Thereafter 826 $ 5,193

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	6 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Table Text Block]	June 30, 2015 December 31, 2014 Buildings and improvements $ 10,821 $ 10,731 Machinery and equipment 57,534 50,771 Software 8,714 8,299 Leasehold improvements 8,262 6,983 Cost of buildings and improvements, leasehold improvements, machinery, equipment and software 85,331 76,784 Less: Accumulated depreciation and amortization (43,160) (38,747) Buildings and improvements, leasehold improvements, machinery, equipment and software, net of accumulated depreciation and amortization 42,171 38,037 Land (including easements) 2,365 1,976 Construction in process 5,310 3,226 Total property, plant and equipment, net $ 49,846 $ 43,239

Intangible Assets and Goodwill

Intangible Assets and Goodwill (Tables)	6 Months Ended
	Jun. 30, 2015
Intangible Assets and Goodwill [Abstract]
Intangible Assets [Table Text Block]	June 30, December 31, Patents $ 13,097 $ 13,097 Accumulated amortization (12,442) (12,147) Patents, net of accumulated amortization 655 950 Customer-related intangibles 1,194 1,194 Accumulated amortization (545) (491) Customer-related intangibles, net of accumulated amortization 649 703 Total amortizing intangibles $ 1,304 $ 1,653 Manufacturing segment goodwill $ 21,521 $ 21,521 Services segment goodwill 607 607 Total goodwill $ 22,128 $ 22,128
Estimated Future Intangible Amortization [Table Text Block]	Six months ending December 31, 2015 $ 349 Year ending December 31, 2016 457 Year ending December 31, 2017 91 Year ending December 31, 2018 73 Year ending December 31, 2019 60 Thereafter 274 $1,304

Product Warranties (Tables)

Product Warranties (Tables)	6 Months Ended
	Jun. 30, 2015
Product Warranties [Abstract]
Changes in Warranty Reserve [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Balance at the beginning of the period $ 8,279 $ 7,039 $ 8,742 $ 6,957 Provision for warranties issued during the period 884 588 1,236 790 Reductions for payments, cost of repairs and other (506) (141) (981) (261) Adjustments to prior warranties — 672 (340) 672 Balance at the end of the period $ 8,657 $ 8,158 $ 8,657 $ 8,158

State Incentives (Tables)

State Incentives (Tables)	6 Months Ended
	Jun. 30, 2015
State Incentives [Abstract]
Changes in Deferred income from state incentives [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Balance at the beginning of the period $ 4,732 $ — $ — $ — State incentives received during the period — — 4,907 — Amortization of state incentives as reduction of cost of sales (176) — (351) — Balance at the end of the period, including current portion $ 4,556 $ — $ 4,556 $ —

Accumulated Other Comprehensi40

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Abstract]
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Pre-Tax Tax Net of Tax Three months ended June 30, 2015 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 84 26 $ 110 $ 39 $ 71 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 142 20 162 57 105 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 9 2 11 4 7 $ 283 $ 100 $ 183 Pre-Tax Tax Net of Tax Three months ended June 30, 2014 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 44 9 $ 53 $ 19 $ 34 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 82 10 92 32 60 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 53 7 60 21 39 $ 205 $ 72 $ 133 \ Pre-Tax Tax Net of Tax Six months ended June 30, 2015 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 167 53 $ 220 $ 86 $ 134 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 284 40 324 124 200 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 18 3 21 7 14 $ 565 $ 217 $ 348 Pre-Tax Tax Net of Tax Six months ended June 30, 2014 Pension liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 88 18 $ 106 $ 38 $ 68 Postretirement liability activity: Reclassification adjustment for amortization of net loss (pre-tax cost of sales of $ 165 20 185 65 120 Reclassification adjustment for amortization of prior service cost (pre-tax cost of sales of $ 106 14 120 42 78 $ 411 $ 145 $ 266
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	June 30, 2015 December 31, 2014 Unrecognized pension cost, net of tax of $ 6,439 6,525 $ (10,504) $ (10,638) Unrecognized postretirement cost, net of tax of $ 7,855 7,986 (13,165) (13,379) $ (23,669) $ (24,017)

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Components of Net Periodic (Cost) Benefit [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, Pension Benefits 2015 2014 2015 2014 Interest cost $ 580 $ 661 $ 1,160 $ 1,322 Expected return on plan assets (761) (905) (1,522) (1,810) Amortization of unrecognized net loss 110 53 220 106 $ (71) $ (191) $ (142) $ (382)
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Components of Net Periodic (Cost) Benefit [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, Postretirement Benefit Plan 2015 2014 2015 2014 Service cost $ 17 $ 16 $ 34 $ 32 Interest cost 743 750 1,486 1,500 Amortization of prior service cost 11 60 21 120 Amortization of unrecognized net loss 162 92 324 185 $ 933 $ 918 $ 1,865 $ 1,837

Other Commitments (Tables)

Other Commitments (Tables)	6 Months Ended
	Jun. 30, 2015
Other Commitments [Abstract]
Operating Leases of Lessee Disclosure [Table Text Block]	Future minimum lease payments at June 30, 2015 are as follows: Six months ending December 31, 2015 $ 5,187 Year ending December 31, 2016 10,171 Year ending December 31, 2017 9,830 Year ending December 31, 2018 9,879 Year ending December 31, 2019 9,930 Thereafter 28,810 $ 73,807
Unrecorded Unconditional Purchase Obligations Disclosure [Table Text Block]	Six months ending December 31, 2015 $ 4,395 Year ending December 31, 2016 6,310 Year ending December 31, 2017 8,403 Year ending December 31, 2018 — Year ending December 31, 2019 — Thereafter — $ 19,108

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 Weighted average common shares outstanding 12,195,683 11,999,750 12,108,636 11,994,667 Dilutive effect of employee stock options and nonvested share awards 48,785 91,302 81,518 — Weighted average diluted common shares outstanding 12,244,468 12,091,052 12,190,154 11,994,667

Description of Business (Detail

Description of Business (Details)	6 Months Ended
	Jun. 30, 2015segment
Description of the Business [Abstract]
Number of Reportable Segments	2

Segment Information (Narrative)

Segment Information (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015segment
Segment Information [Abstract]
Number of Reportable Segments	2

Segment Information (Schedule o

Segment Information (Schedule of Segment Reporting Information, by Segment) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Revenues	$ 235,637	$ 139,688	$ 328,441	$ 195,774
Operating income (loss)	10,882	2,380	7,779	(9,161)
Consolidated interest expense and deferred financing costs	(58)	(284)	(128)	(570)
Consolidated other income	31	13	83	41
Consolidated income (loss) before income taxes	10,855	2,109	7,734	(9,690)
Depreciation and amortization	2,373	2,451	4,597	4,945
Capital expenditures	5,855	3,134	10,163	5,645
Manufacturing [Member]
Segment Reporting Information [Line Items]
Revenues	227,016	128,756	312,113	176,758
Operating income (loss)	17,235	7,433	19,093	2,399
Depreciation and amortization	1,581	1,649	3,027	3,320
Capital expenditures	5,400	2,889	9,464	5,131
Services [Member]
Segment Reporting Information [Line Items]
Revenues	8,621	10,932	16,328	19,016
Operating income (loss)	1,485	984	2,688	644
Depreciation and amortization	341	377	685	788
Capital expenditures	297	130	386	305
Corporate [Member]
Segment Reporting Information [Line Items]
Operating income (loss)	(7,838)	(6,037)	(14,002)	(12,204)
Depreciation and amortization	451	425	885	837
Capital expenditures	$ 158	$ 115	$ 313	$ 209

Segment Information (Reconcilia

Segment Information (Reconciliation of Assets from Segment to Consolidated) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Total operating assets	$ 364,671	$ 351,396
Consolidated income taxes receivable	508	164
Consolidated deferred income taxes, current	10,506	12,139
Consolidated deferred income taxes, long-term	21,317	21,553
Total assets	397,002	385,252
Manufacturing [Member]
Segment Reporting Information [Line Items]
Total operating assets	258,361	157,505
Services [Member]
Segment Reporting Information [Line Items]
Total operating assets	21,071	18,085
Corporate [Member]
Segment Reporting Information [Line Items]
Total operating assets	$ 85,239	$ 175,806

Fair Value Measurements (Financ

Fair Value Measurements (Financial Assets And Liabilities That Were Recorded At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	$ 95	$ 50,070
Restricted certificates of deposit	7,885	6,015
Non-financial assets measured on a non-recurring basis	0	0
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	95	50,070
Restricted certificates of deposit	7,885	6,015
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Restricted certificates of deposit	0	0
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash equivalents	0	0
Restricted certificates of deposit	$ 0	$ 0

Marketable Securities (Details)

Marketable Securities (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Held-to-maturity Securities, Current	$ 42,002	$ 47,961
Maximum [Member]
Marketable securities, original maturity	1 year	1 year
Minimum [Member]
Marketable securities, original maturity	90 days	90 days

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventories [Abstract]
Inventory Valuation Reserves	$ 4,001	$ 2,381

Inventories (Schedule of Invent

Inventories (Schedule of Inventory Current) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Inventories [Abstract]
Work in progress	$ 131,551	$ 76,453
Finished new railcars	11,733	0
Parts and service inventory	7,004	5,806
Total inventories	$ 150,288	$ 82,259

Leased Railcars (Narrative) (De

Leased Railcars (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Inventory on lease	$ 0	$ 116
Railcars Available for Lease, net	16,247	22,897
Railcars Available for Lease, Cost	19,230	26,852
Railcars Available for Lease, Accumulated Depreciation	$ 2,983	$ 3,955
Lease Utilization Rate	65.00%	100.00%
Maximum [Member]
Lease Term	6 years

Leased Railcars (Future Minimum

Leased Railcars (Future Minimum Rental Revenues on Leases) (Details) $ in Thousands	Jun. 30, 2015USD ($)
Leased Railcars [Abstract]
Six months ending December 31, 2015	$ 636
Year ending December 31, 2016	1,256
Year ending December 31, 2017	1,256
Year ending December 31, 2018	668
Year ending December 31, 2019	551
Thereafter	826
Total Future Minimum Rental Revenues on Leases	$ 5,193

Property, Plant and Equipment54

Property, Plant and Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Net, Total	$ 49,846	$ 43,239
Buildings And Improvements, Leasehold Improvements, Machinery, Equipment And Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	85,331	76,784
Less: Accumulated depreciation and amortization	(43,160)	(38,747)
Property, Plant and Equipment, Net, Total	42,171	38,037
Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	10,821	10,731
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	57,534	50,771
Software [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	8,714	8,299
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	8,262	6,983
Land (including easements) [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	2,365	1,976
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Gross	$ 5,310	$ 3,226

Intangible Assets and Goodwil55

Intangible Assets and Goodwill (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Patents [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted Average Remaining Life			2 years
Amortization Expense	$ 148	$ 148	$ 295	$ 295
Customer-related intangibles [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization Expense	$ 27	$ 32	$ 54	$ 65
Remaining Amortization Period			15 years

Intangible Assets and Goodwil56

Intangible Assets and Goodwill (Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizing intangibles, net	$ 1,304	$ 1,653
Goodwill	22,128	22,128
Patents [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizing intangibles, gross	13,097	13,097
Accumulated amortization	(12,442)	(12,147)
Amortizing intangibles, net	655	950
Customer-related intangibles [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Amortizing intangibles, gross	1,194	1,194
Accumulated amortization	(545)	(491)
Amortizing intangibles, net	649	703
Manufacturing [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill	21,521	21,521
Services [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 607	$ 607

Intangible Assets and Goodwil57

Intangible Assets and Goodwill (Estimated Future Intangible Amortization) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Intangible Assets and Goodwill [Abstract]
Six months ending December 31, 2015	$ 349
Year ending December 31, 2016	457
Year ending December 31, 2017	91
Year ending December 31, 2018	73
Year ending December 31, 2019	60
Thereafter	274
Amortizing intangibles, net	$ 1,304	$ 1,653

Product Warranties (Narrative)

Product Warranties (Narrative) (Details)	6 Months Ended
	Jun. 30, 2015
Maximum [Member]
Warranty Term	5 years

Product Warranties (Changes in

Product Warranties (Changes in Warranty Reserve) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Product Warranties [Abstract]
Balance at the beginning of the period	$ 8,279	$ 7,039	$ 8,742	$ 6,957
Provision for warranties issued during the period	884	588	1,236	790
Reductions for payments, cost of repairs and other	(506)	(141)	(981)	(261)
Adjustments to prior warranties	0	672	(340)	672
Balance at the end of the period	$ 8,657	$ 8,158	$ 8,657	$ 8,158

State Incentives (Details)

State Incentives (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
State Incentives [Abstract]
State incentives received during the period	$ 0	$ 4,907	$ 0	$ 4,907	$ 0

State Incentives (Changes in De

State Incentives (Changes in Deferred Income from State Incentives) (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
State Incentives [Abstract]
Balance at the beginning of the period	$ 4,732	$ 0	$ 0	$ 0	$ 0
State incentives received during the period	0	4,907	0	4,907	0
Amortization of state incentives as reduction of cost of sales	(176)		0	(351)	0
Balance at the end of the period, including current portion	$ 4,556	$ 4,732	$ 0	$ 4,556	$ 0

Revolving Credit Facility (Narr

Revolving Credit Facility (Narrative) (Details) - Senior Secured Revolving Credit Facility [Member] - USD ($) $ in Thousands	Jul. 26, 2013	Jun. 30, 2015	Dec. 31, 2014
Line of Credit Facility [Line Items]
Line of Credit Facility, Initiation Date		Jul. 26, 2013
Line of Credit Facility, Maximum Borrowing Capacity	$ 50,000
Outstanding borrowings		$ 0	$ 0
Line of Credit Facility, Remaining Borrowing Capacity		$ 42,115	43,985
Line of Credit Facility, Expiration Date		Jul. 26, 2016
Line of Credit Facility, Interest Rate Description		revolving loans outstanding thereunder will bear interest at a rate of LIBOR plus an applicable margin of 1.50% or at a base rate, as selected by the Company. Base rate loans will bear interest at the highest of (a) the federal funds rate plus 0.50%, (b) the prime rate or (c) LIBOR plus 1.00%.
Line of Credit Facility, Collateral		Borrowings under the Revolving Credit Facility are secured by a first priority perfected security interest in substantially all of the Borrowers' assets excluding railcars held by the Company's railcar leasing subsidiary, JAIX. The Borrowers also have pledged all of the equity interests in the Company's direct and indirect domestic subsidiaries as security for the Revolving Credit Facility.
Minimum net liquidity	35,000
Letter of Credit Sub-Facility [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity	$ 30,000
Outstanding borrowings		$ 7,885	$ 6,015
Maximum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.30%
Minimum [Member]
Line of Credit Facility [Line Items]
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage	0.10%

Accumulated Other Comprehensi63

Accumulated Other Comprehensive Income (Loss) (Changes in Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]
Pension Liability Activity, Reclassfication Adjustment for Amortization of Net Loss, Before Tax	$ 110	$ 53	$ 220	$ 106
Reclassification Adjustment for Amortization of Net Loss, Tax Effect	39	19	86	38
Pension Liability Activity, Reclassification Adjustment for Amortization of Net Loss, Net of Tax	71	34	134	68
Postretirement liability Activity, Reclassification Adjustment for Amortization of Net Loss, Before Tax	162	92	324	185
Postretirement Liability Activity, Reclassification Adjustment for Amortization of Net Loss, Tax Effect	57	32	124	65
Postretirement Liability Activity, Adjustment for Amortization of Net Loss, Net of Tax	105	60	200	120
Postretirement Liability Activity, Reclassification Adjustment for Amortization of Prior Service Cost, Before Tax	11	60	21	120
Postretirement Liability Activity, Reclassfication Adjustment for Amortization of Prior Service Cost, Tax Effect	4	21	7	42
Postretirement Liability Activity, Reclassification Adjustment for Amortization of Prior Service Cost, Net of Tax	7	39	14	78
Before tax	283	205	565	411
Tax	100	72	217	145
Net of tax	$ 183	$ 133	$ 348	$ 266

Accumulated Other Comprehensi64

Accumulated Other Comprehensive Income (Loss) (Reclassifications out of Accumulated Other Comprehensive Income) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	$ 213,831	$ 128,634	$ 302,082	$ 187,872
Selling, General and Administrative Expense	10,924	8,678	19,767	17,081
Accumulated Defined Benefit Plans Adjustment, Amortization of Unrecognized Net Loss [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	84	44	167	88
Selling, General and Administrative Expense	26	9	53	18
Accumulated Postretirement Plans Adjustment, Amortization of Unrecognized Net Loss [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	142	82	284	165
Selling, General and Administrative Expense	20	10	40	20
Accumulated Postretirement Plans Adjustment, Amortization of Prior Service Cost [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales	9	53	18	106
Selling, General and Administrative Expense	$ 2	$ 7	$ 3	$ 14

Accumulated Other Comprehensi65

Accumulated Other Comprehensive Income (Loss) (Components of AOCI) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Abstract]
Unrecognized Pension Cost, Net of Tax	$ (10,504)	$ (10,638)
Unrecognized Postretirement Cost, Net of Tax	(13,165)	(13,379)
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	(23,669)	(24,017)
Unrecognized Pension cost, Tax Amount	6,439	6,525
Unrecognized Postretirement cost, Tax Amount	$ 7,855	$ 7,986

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock-Based Compensation [Abstract]
Stock-based compensation	$ 575	$ 560	$ 1,178	$ 1,100
Unearned compensation expense	$ 3,413		$ 3,413
Remaining requisite service period			31 months

Employee Benefit Plans (Narrati

Employee Benefit Plans (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions	$ 0	$ 48	$ 0	$ 109
Expected total contributions for current fiscal year			0
Defined Contribution Plan, Cost Recognized	761	387	1,363	699
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Employer contributions	$ 99	$ 110	195	$ 216
Expected total contributions for current fiscal year			$ 409

Employee Benefit Plans (Compone

Employee Benefit Plans (Components of Net Periodic Benefit Cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Pension Benefits [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Interest Cost	$ 580	$ 661	$ 1,160	$ 1,322
Expected return on plan assets	(761)	(905)	(1,522)	(1,810)
Amortization of unrecognized net loss	110	53	220	106
Net periodic (benefit) cost	(71)	(191)	(142)	(382)
Postretirement Benefit Plan [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service Cost	17	16	34	32
Interest Cost	743	750	1,486	1,500
Amortization of prior service cost	11	60	21	120
Amortization of unrecognized net loss	162	92	324	185
Net periodic (benefit) cost	$ 933	$ 918	$ 1,865	$ 1,837

Other Commitments (Narrative) (

Other Commitments (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Commitments [Line Items]
Operating Leases, Rent Expense, Net	$ 2,604	$ 2,330	$ 5,201	$ 4,669
Maximum [Member]
Other Commitments [Line Items]
Lease Expiration Date	Dec. 31, 2024

Other Commitments (Operating Le

Other Commitments (Operating Leases of Lessee Disclosure) (Details) $ in Thousands	Jun. 30, 2015USD ($)
Other Commitments [Abstract]
Six months ending December 31, 2015	$ 5,187
Year ending December 31, 2016	10,171
Year ending December 31, 2017	9,830
Year ending December 31, 2018	9,879
Year ending December 31, 2019	9,930
Thereafter	28,810
Total future minimum lease payments	$ 73,807

Other Commitments (Non-Cancelab

Other Commitments (Non-Cancelable Purchase Commitments) (Details) $ in Thousands	Jun. 30, 2015USD ($)
Other Commitments [Abstract]
Six months ending December 31, 2015	$ 4,395
Year ending December 31, 2016	6,310
Year ending December 31, 2017	8,403
Year ending December 31, 2018	0
Year ending December 31, 2019	0
Thereafter	0
Total purchase commitments	$ 19,108

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	289,102	451,965	289,870	824,334

Earnings Per Share (Weighted Av

Earnings Per Share (Weighted Average Common Shares Outstanding) (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Weighted average common shares outstanding	12,195,683	11,999,750	12,108,636	11,994,667
Dilutive effect of employee stock options and nonvested share awards	48,785	91,302	81,518	0
Weighted average diluted common shares outstanding	12,244,468	12,091,052	12,190,154	11,994,667

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Income Tax Expense (Benefit)	$ 3,458	$ 494	$ 2,410	$ (4,356)

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of Income Tax Rate) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Abstract]
Statutory U.S. federal income tax rate	35.00%	35.00%	35.00%	35.00%
Manufacturing deduction	(2.80%)		(2.80%)
State income tax credits	(2.80%)		(3.90%)
State income taxes, net of federal tax benefit	3.10%	1.50%	3.10%	7.50%
Other	(0.60%)	1.10%	(0.20%)	0.60%
Valuation allowance and deferred tax rate		(14.20%)		1.90%
Effective income tax rate	31.90%	23.40%	31.20%	45.00%