Orchids Paper Products Inactive 10-Q5 Aug 142014 Q2 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
Document and Entity Information	Jun. 30, 2014	Aug. 01, 2014
Document and Entity Information	'	'
Entity Registrant Name	'Orchids Paper Products CO /DE	'
Entity Central Index Key	'0001324189	'
Document Type	'10-Q	'
Document Period End Date	30-Jun-14	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--12-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Accelerated Filer	'
Entity Common Stock, Shares Outstanding	'	8,758,642
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q2	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:	'	'
Cash	$6,137	$7,205
Accounts receivable, net of allowance of $136 in 2014 and $135 in 2013	8,485	6,585
Inventories, net	14,055	10,921
Short-term investments	'	5,035
Income taxes receivable	1,214	'
Prepaid expenses	690	863
Other current assets	2,118	146
Deferred income taxes	544	552
Total current assets	33,243	31,307
Property, plant and equipment	150,512	137,750
Accumulated depreciation	-46,381	-42,005
Net property, plant and equipment	104,131	95,745
Intangible assets, net of accumulated amortization of $108 in 2014	17,882	'
Goodwill	7,560	'
Deferred debt issuance costs, net of accumulated amortization of $1 in 2014 and $18 in 2013	76	40
Total assets	162,892	127,092
Current liabilities:	'	'
Accounts payable	6,768	3,685
Accrued liabilities	3,438	4,030
Current portion of long-term debt	2,700	1,152
Total current liabilities	12,906	8,867
Long-term debt, less current portion	31,197	13,927
Deferred income taxes	19,130	19,449
Stockholders' equity:	'	'
Common stock, $.001 par value, 25,000,000 shares authorized, 8,758,642 and 8,066,809 shares issued and outstanding in 2014 and 2013, respectively	9	8
Additional paid-in capital	63,568	46,298
Retained earnings	36,082	38,543
Total stockholders' equity	99,659	84,849
Total liabilities and stockholders' equity	$162,892	$127,092

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
CONSOLIDATED BALANCE SHEETS	'	'
Accounts receivable, allowance (in dollars)	$136	$135
Intangible assets, accumulated amortization (in dollars)	108	'
Deferred debt issuance costs, accumulated amortization (in dollars)	$1	$18
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	8,758,642	8,066,809
Common stock, shares outstanding	8,758,642	8,066,809

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONSOLIDATED STATEMENTS OF INCOME	'	'	'	'
Net sales	$29,196	$29,232	$56,955	$55,841
Cost of sales	23,706	22,236	45,447	42,318
Gross profit	5,490	6,996	11,508	13,523
Selling, general and administrative expenses	4,407	2,517	6,586	4,790
Intangibles amortization	108	'	108	'
Operating income	975	4,479	4,814	8,733
Interest expense	112	95	125	188
Other (income) expense, net	-7	-7	-6	-12
Income before income taxes	870	4,391	4,695	8,557
Provision for income taxes:	'	'	'	'
Current	396	1,144	1,817	2,149
Deferred	-72	104	-311	172
Total provision for income taxes	324	1,248	1,506	2,321
Net income	$546	$3,143	$3,189	$6,236
Net income per common share:	'	'	'	'
Basic (in dollars per share)	$0.07	$0.40	$0.40	$0.80
Diluted (in dollars per share)	$0.07	$0.39	$0.39	$0.78
Shares used in calculating net income per common share:	'	'	'	'
Basic (in shares)	8,268,575	7,799,496	8,167,076	7,737,269
Diluted (in shares)	8,345,894	7,983,808	8,258,092	7,914,189
Dividends per share (in dollars per share)	$0.35	$0.35	$0.70	$0.65

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash Flows From Operating Activities	'	'
Net income	$3,189	$6,236
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Depreciation and amortization	4,591	3,778
Provision for doubtful accounts	1	-5
Deferred income taxes	-311	172
Stock compensation expense	1,172	333
Loss on disposal of property, plant and equipment	8	'
Changes in cash due to changes in operating assets and liabilities:	'	'
Accounts receivable	-1,901	-3,505
Inventories	-3,134	-1,016
Income taxes receivable	-1,214	-198
Prepaid expenses	173	-393
Other current assets	-1,972	44
Accounts payable	3,083	49
Accrued liabilities	-592	424
Net cash provided by operating activities	3,093	5,919
Cash Flows From Investing Activities	'	'
Acquisition of Fabrica assets and U.S. business	-16,700	'
Purchases of property, plant and equipment	-5,686	-5,553
Purchases of short-term investments	-2	-4
Proceeds from the sale of investment securities	5,037	'
Net cash used in investing activities	-17,351	-5,557
Cash Flows From Financing Activities	'	'
Borrowings under long-term debt	30,000	'
Principal payments on long-term debt	-15,079	-576
Net borrowings (repayments) on revolving credit line	3,897	'
Dividends paid to stockholders	-5,650	-5,083
Proceeds from the exercise of stock options	79	1,649
Excess tax benefit of stock options exercised	20	479
Deferred issuance cost	-77	'
Net cash provided by (used in) financing activities	13,190	-3,531
Net decrease in cash	-1,068	-3,169
Cash, beginning	7,205	5,734
Cash, ending	6,137	2,565
Supplemental Disclosure:	'	'
Interest paid	180	187
Income taxes paid	3,211	1,869
Tax benefits realized from stock options exercised	16	183
Stock issued for Fabrica assets and U.S. business	$16,000	'

Basis_of_Presentation

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2014
Basis of Presentation	'
Basis of Presentation	'
	Note 1 — Basis of Presentation

	Orchids Paper Products Company (“Orchids” or the “Company”) was formed in 1998 to acquire and operate the paper manufacturing facility, built in 1976, in Pryor, Oklahoma. Orchids Acquisition Group, Inc. (“Orchids Acquisition”) was established in November 2003, for the purpose of acquiring the common stock of Orchids. The sale of equity and debt securities closed in March 2004 and Orchids Acquisition acquired Orchids for a price of $21.6 million. Orchids Acquisition was subsequently merged into Orchids. In July 2005, the Company completed its initial public offering of its common stock. The Company’s common stock trades on the NYSE MKT under the ticker symbol “TIS.”

	On June 3, 2014, the Company completed the acquisition of certain assets from Fabrica de Papel San Francisco, S.A. de C.V. (“Fabrica”) pursuant to an Asset Purchase Agreement (see Note 2 and Note 6). In connection with the acquisition of these assets, the Company formed three wholly-owned subsidiaries: Orchids Mexico DE Holdings, LLC, Orchids Mexico DE Member, LLC, and OPP Acquisition Mexico, S. de R.L. de C.V (“Orchids Mexico”). The accompanying consolidated financial statements include the accounts of Orchids and these wholly-owned subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation.

	The accompanying financial statements have been prepared without an audit, pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in annual financial statements prepared in accordance with accounting principles generally accepted (“GAAP”) in the United States have been condensed or omitted pursuant to the rules and regulations. However, the Company believes that the disclosures made are adequate to make the information presented not misleading when read in conjunction with the audited financial statements and the notes in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, filed with the SEC on March 6, 2014. Management believes that the financial statements contain all adjustments necessary for a fair presentation of the results for the interim periods presented. All adjustments were of a normal, recurring nature. The results of operations for the interim period are not necessarily indicative of the results for the entire fiscal year.

Acquisition_of_Fabrica_Assets_

Acquisition of Fabrica Assets and U.S. Business	6 Months Ended
Acquisition of Fabrica Assets and U.S. Business	Jun. 30, 2014
Acquisition of Fabrica Assets and U.S. Business	'
Acquisition of Fabrica Assets and U.S. Business	'
	Note 2 — Acquisition of Fabrica Assets and U.S. Business

	On May 5, 2014, Orchids and its wholly owned subsidiary, Orchids Mexico, entered into an asset purchase agreement (“APA”) with Fabrica to acquire certain assets and 100% of the U.S. business of Fabrica. One June 3, 2014, the Company closed on the transaction set forth in the APA, and in connection therewith, entered into a supply agreement (“Supply Agreement”) and a lease agreement (“Equipment Lease Agreement”). Orchids expects these transactions to allow the Company to effectively and efficiently service customers in the western U. S.

	Asset Purchase Agreement and Assignment and Assumption of Supply Agreement

	Pursuant to the terms of the APA, Orchids Mexico acquired a paper machine, two converting lines, Fabrica’s U.S. customer list, exclusive rights to all of Fabrica’s trademarks in the United States, and Fabrica’s covenant not to compete in the United States for a purchase price of 411,650 shares of Orchids’ common stock valued at $12.0 million based on the closing price of the Company’s shares on the closing date, with a fair market value of $9.6 million on the closing date due to restrictions on the sale of the stock. In connection with closing the Purchase Agreement, Orchids also entered into an Assignment and Assumption of Supply Agreement with Elgin Finance & Investment Corp. (“Elgin”) for $16.7 million in cash and 274,433 shares of Orchids’ common stock valued at $8.0 million based on the closing price of the Company’s shares on the closing date, with a fair market value of $6.4 million on the closing date due to restrictions on the sale of the stock, in exchange for the assignment to Orchids of Elgin’s supply agreement with Fabrica which provided Elgin with exclusive supply rights with respect to Fabrica’s U.S. business.

	Under the Supply Agreement, the Company has the right to purchase from Fabrica up to 18,000 metric tons of parent rolls and equivalent converting capacity for certain specified product during each twelve month period following the effective date of the Supply Agreement. The Company may purchase up to an additional 7,000 annual metric tons each of the first two years of the agreement. Pursuant to the terms of the Supply Agreement, Fabrica and its affiliates will be subject to a non-compete provision with respect to business in the U. S. The Supply Agreement has an initial term of twenty years. In the event of a termination of the Supply Agreement due to (i) a material breach as a result of intentional, willful or grossly negligent conduct by Fabrica, (ii) a breach of Fabrica’s covenant not to compete, or (iii) a voluntary filing of bankruptcy by Fabrica, Fabrica must pay the Company $100 million in liquidated damages. In the event of a change of control of Fabrica, the Company will have a two (2) year right to terminate the Supply Agreement, and in such event, Fabrica would be required to pay the Company liquidated damages of $36.7 million.

	Lease Agreement

	Pursuant to the terms of the Equipment Lease Agreement, Orchids Mexico will lease the paper making and converting assets acquired under the APA back to Fabrica. The rental fee will be based upon the number of metric tons shipped by Fabrica to the Company, subject to annual adjustment based on the calculation of the annual purchase price in the Supply Agreement. The Equipment Lease Agreement has a term of twenty years, but will terminate automatically upon termination of the Supply Agreement.

	Upon the earlier of (i) the termination of the Equipment Lease Agreement or (ii) the purchase by Orchids of a separate paper making or converting asset and the entry into of an equipment lease agreement between Orchids and Fabrica with respect to such purchased asset, the Orchids Subsidiary shall have the right to sell to Fabrica the paper assets leased under the Equipment Lease Agreement on an as-is-where-is basis, for $12.0 million.

	Income earned under the lease agreement is recognized as an offset to cost of goods sold under the supply agreement in accordance with U.S. GAAP for collaborative arrangements. Income earned under the lease agreement was $198,000 in the month ended June 30, 2014.

	Purchase Price Allocation

	The acquisition of Fabrica’s U.S. business will be accounted for under the Financial Accounting Standards Board’s (the “FASB”) Accounting Standards Codification 805, “Business Combinations”. The $32.7 million purchase price of $16.7 million in cash (financed by a Term Loan) and $16.0 million in common stock was allocated as follows (in thousands):

	Total purchase price	$	32,700
	Less: net assets acquired
	Machinery & Equipment	7,150
	Intangible Asset - Supply and Lease Agreement	12,800
	Intangible Asset - Licenses/Trademarks	1,350
	Intangible Asset - Non-Compete Agreement	1,150
	Intangible Asset - Customer Relationships	2,690
	Goodwill	$	7,560

	The purchase price allocation is subject to further refinement as management completes its assessment of the valuation of certain assets.

	Intangibles and Goodwill

	Intangible assets acquired totaled $18.0 million. The Company amortizes these assets on a straight-line basis over the expected lives of the assets: Supply and Lease Agreement — 20 years; Licenses/Trademarks — 20 years; Non-Compete Agreement — 2 years; Customer Relationships — 12 years, resulting in a weighted-average amortization period of 12 years. Intangible assets at June 30, 2014 were:

		Gross Carrying		Accumulated		Net Carrying
		Amount		Amortization		Value
		(in thousands)
	Intangible Asset - Supply and Lease Agreement	$	12,800	$	46	$	12,754
	Intangible Asset - Licenses/Trademarks	1,350		5		$	1,345
	Intangible Asset - Non-Compete Agreement	1,150		41		$	1,109
	Intangible Asset - Customer Relationships	2,690		16		$	2,674
		$	17,990	$	108	$	17,882

	Goodwill of $7.6 million represents the premium the Company was willing to pay to enter into a long-term relationship with Fabrica and the benefits the Company expects to receive from being able to cost effectively serve its current customers with distribution centers in the western U.S. The relationship with Fabrica is expected to provide opportunities for future production capacity and sales growth. Goodwill is not amortized, but is tested at least annually for impairment, or if circumstances occur that more likely than not will reduce the fair value of the reporting unit to below its carrying amount. No goodwill impairment has been recorded as of June 30, 2014. All of the goodwill related to the Fabrica acquisition is expected to be tax-deductible.

	Operating Results of Business Acquired

	The consolidated statements of income for the three and six-month periods ended June 30, 2014 include revenues and earnings of approximately $2.9 million and $576,000, respectively, related to the U.S. business acquired from Fabrica. Transaction costs of $1.5 million are recognized in selling, general and administrative expenses in the consolidated statement of income for the three and six-month periods ended June 30, 2014.

	Pro Forma Information

	The following pro forma information presents a summary of the operating results of the Company for the three and six months ended June 30, 2014 as if the U.S. business acquired from Fabrica had been included in our results of operations as of January 1, 2013:

		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013
		(in thousands)				(in thousands)
	Pro forma net sales	$	34,985	$	35,617	$	71,117	$	67,815
	Pro forma net income	$	2,038	$	3,363	$	5,144	$	5,235
	Pro forma net income per share - basic	$	0.25	$	0.43	$	0.63	$	0.68
	Pro forma net income per share - diluted	$	0.24	$	0.42	$	0.62	$	0.66

Pro forma adjustments to net income include amortization costs related to the intangibles acquired, acquisition related costs, and the tax effect of the historical results of operations of Fabrica’s U.S. business, excluding certain mark-up and selling, general and administrative costs that will not be incurred by Orchids.

The pro forma amounts are presented for informational purposes only and are not intended to represent or be indicative of the Company’s consolidated results of operations or financial condition that would have been reported had the acquisition been completed as of the beginning of the periods presented and should not be taken as indicative of the Company’s future consolidated results of operations or financial condition.

Fair_Value_Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2014
Fair Value Measurements	'
Fair Value Measurements	'
	Note 3 — Fair Value Measurements

	The Company does not report any assets or liabilities at fair value in the financial statements. However, the estimated fair value of the Company’s short-term investments, which consist of commercial deposits in money market funds, was $0 and $5,035,000 at June 30, 2014 and December 31, 2013, respectively. These short-term investments are considered Level 1 measurements in the fair value valuation hierarchy. The fair value of the Company’s long-term debt is estimated by management to approximate the carrying value of $33,897,000 and $15,079,000 at June 30, 2014 and December 31, 2013, respectively. Management’s estimates are based on periodic comparisons of the characteristics of the Company’s obligations, including floating interest rates, credit rating, maturity and collateral, to current market conditions as stated by an independent third-party financial institution. Such valuation inputs are considered a Level 2 measurement in the fair value valuation hierarchy.

	There were no transfers among Level 1, Level 2 or Level 3 assets or liabilities during the first six months in 2014 or 2013.

Commitments_and_Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2014
Commitments and Contingencies	'
Commitments and Contingencies	'
	Note 4 — Commitments and Contingencies

	The Company may be involved from time to time in litigation arising from the normal course of business. In management’s opinion, as of the date of this report, the Company is not engaged in legal proceedings which individually or in the aggregate are expected to have a materially adverse effect on the Company’s results of operations or financial condition.

	In October 2008, the Company entered into a contract to purchase 334,000 MMBTU per year of natural gas. This contract has been extended through December 2016 and provides for approximately 60% to 70% of the Company’s natural gas requirements through December 31, 2016 as follows:

	Period	MMBTUs	Price per		Management
			MMBTU		fee per
					MMBTU
	April 2012 - March 2013	334,207	$	5.5	$	0.07
	April 2013 - December 2014	556,886	$	4.905	$	0.07
	April 2013 - September 2013	additional 5,000/month	$	4.7	$	0.07
	October 2013 - March 2014	additional 5,000/month	$	4.75	$	0.07
	April 2014 - December 2014	additional 5,000/month	$	4.7	$	0.07
	January 2015 - March 2015	95,900	$	4.5	$	0.07
	April 2015 - June 2015	93,600	$	4.3	$	0.07
	July 2015 - September 2015	92,300	$	4.35	$	0.07
	October 2015 - December 2015	91,900	$	4.5	$	0.07
	January 2016 - March 2016	95,900	$	4.53	$	0.07
	April 2016 - June 2016	93,600	$	4.17	$	0.07
	July 2016 - September 2016	92,300	$	4.26	$	0.07
	October 2016 - December 2016	91,900	$	4.42	$	0.07

	Purchases under the gas contract were $0.5 million for each of the three months ended June 30, 2014 and 2013, and $1.0 million for each of the six-month periods ended June 30, 2014 and 2013. If the Company is unable to purchase the contracted amounts and the market price at that time is less than the contracted price, the Company would be obligated under the terms of the agreement to reimburse an amount equal to the difference between the contracted amount and the amount actually purchased, multiplied by the difference between the contract price and current spot price.

	In November 2013, we announced two projects to upgrade our paper making and converting assets at our Pryor, Oklahoma facility: a project to replace two existing paper machines with a new paper machine in our paper mill, and a project to upgrade an existing converting line. These projects have a total estimated cost of $30.4 million. As part of these projects, we entered into purchase orders to: (i) purchase a tissue machine, (ii) purchase a converting rewinder and (iii) purchase construction services for the new paper machine. As of June 30, 2014, our obligations under these purchase orders total $10.4 million. The purchase order to purchase a tissue machine is denominated in Euros. The amounts included herein were translated to US dollars using the spot exchange rate as of June 30, 2014.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2014
Inventories	'
Inventories	'
	Note 5 — Inventories

	Inventories at June 30, 2014 and December 31, 2013 were as follows:

		June 30,			December 31,
		2014			2013
		(in thousands)
	Raw materials	$	3,816		$	3,587
	Bulk paper rolls	3,242			2,125
	Converted finished goods	7,133			5,314
	Inventory valuation reserve	(136		)	(105		)
		$	14,055		$	10,921

LongTerm_Debt_and_Revolving_Li

Long-Term Debt and Revolving Line of Credit	6 Months Ended
	Jun. 30, 2014
Long-Term Debt and Revolving Line of Credit	'
Long-Term Debt and Revolving Line of Credit	'
	Note 6 — Long-Term Debt and Revolving Line of Credit

	In June 2014, the Company entered into a Credit Agreement (the “Credit Agreement”), with U.S. Bank National Association (“U.S. Bank”) consisting of the following:

	· a $45 million revolving credit line due June 2019:

	· $25 million permitted for domestic working capital purposes; and
	· $20 million permitted for the purchase and construction of a paper machine and upgrade of one of the converting lines at the Company’s Pryor, Oklahoma facility.

	· a $30 million Term Loan with a 6-year term due June 2020 and amortized as follows:

	· Real estate debt amortized as if it had a 22-year life;
	· Equipment debt amortized as if it had a 7-year life; and
	· Debt incurred in connection with the acquisition of a supply agreement with Fabrica (see Note 2) amortized as if it had a 10-year life.

	The Credit Agreement had the effect of (i) extending and increasing the Company’s revolving working capital line of credit from $15 million to $25 million, (ii) increasing the Company’s revolving line of credit to include $20 million for the purchase and construction of assets in Oklahoma, and (iii) refinancing and extending the Company’s $10.8 million Real Estate loan ($9.5 million outstanding) and $7.2 million Machinery and Equipment loan ($5.1 million outstanding) into a single $30 million Term Loan, used to provide funding for the $16.7 million paid to close the strategic alliance with Fabrica described in Note 2.

	Under the terms of the Credit Agreement, amounts outstanding will bear interest at a variable rate of LIBOR plus a specified margin, depending upon the Company’s quarterly Leverage Ratio, as defined in the Credit Agreement. Additionally, the Company will pay a commitment fee for the available portion of its revolving credit line at the applicable rate, as follows:

		Interest		Commitment
	Leverage Ratio	Margin		Fee
	Less than 1.00	1	%	0.15	%
	Greater than or equal to 1.00 but less than 2.00	1.25	%	0.2	%
	Greater than or equal to 2.00 but less than 3.00	1.5	%	0.25	%
	Greater than or equal to 3.00	2	%	0.3	%

	The Company’s leverage ratio at June 30, 2014 was approximately 1.1.

	Long-term debt at June 30, 2014 and December 31, 2013 consists of:

		June 30,			December 31,
		2014			2013
		(in thousands)

	Revolving line of credit, maturing on June 3, 2019	$	3,897		$	—
	Term Loan 1, maturing on April 24, 2021, due in monthly installments of $36,000, excluding interest paid separately	—			9,684
	Term Loan 2, maturing on July 1, 2018, due in monthly installments of $60,000, excluding interest paid separately	—			5,395
	Term Loan, maturing on June 3, 2020, due in quarterly installments of $675,000 for the first two years and $1,000,000 thereafter, excluding interest paid separately	30,000			—
		$	33,897		$	15,079
	Less current portion	2,700			1,152
		$	31,197		$	13,927

	The amount available under the revolving credit line may be reduced in the event that the Company’s borrowing base, which is based upon qualified receivables, qualified inventory and certain equipment, is less than $25 million.

	Obligations under the Credit Agreement are secured by substantially all of the Company’s assets. The Credit Agreement contains representations and warranties, and affirmative and negative covenants customary for financings of this type, including, but not limited to, limitations on additional borrowings, additional investments and asset sales. The financial covenants, which are tested as of the end of each fiscal quarter, require the Company to maintain the following specific ratios: fixed charge coverage (minimum of 1.20 to 1.0) and leverage (maximum of 3.50 to 1.0).

Income_Taxes

Income Taxes	6 Months Ended
Income Taxes	Jun. 30, 2014
Income Taxes	'
Income Taxes	'
	Note 7 — Income Taxes

	The Company is subject to income tax in the United States and Mexico. Tax liabilities in Mexico are currently immaterial. The Company does not currently provide for U.S. federal income taxes on the undistributed earnings of its foreign subsidiaries as such earnings are expected to be reinvested indefinitely rather than repatriated back to the U.S. The amount of undistributed earnings of the Company’s foreign subsidiary is currently immaterial.

	As of June 30, 2014, our annual estimated effective income tax rate is 32.0%. The actual effective tax rate for the quarter and six-month period ended June 30, 2014 was 37.2% and 32.1%, respectively. The annual estimated effective tax rate for 2014 differs from the statutory rate due primarily to manufacturing tax credits. For the quarter and six-month period ended June 30, 2013, our actual effective income tax rate was 28.4% and 27.1%, respectively. The annual estimated effective tax rate for 2013 is lower than the statutory rate due primarily to manufacturing tax credits and Indian employment tax credits (“IECs”). Recognition of the IEC for 2012 was deferred until the first quarter of 2013 as the American Taxpayer Relief Act of 2012, which extended the IEC, was not signed into law by the President of the United States until 2013.

Earnings_per_Share

Earnings per Share	6 Months Ended
	Jun. 30, 2014
Earnings per Share	'
Earnings per Share	'
	Note 8 — Earnings per Share

	During the first quarter of 2013, the Company granted restricted stock to certain employees. These awards include a nonforfeitable right to receive dividends and therefore are considered to participate in undistributed earnings with common shareholders. Therefore, the Company calculates basic and diluted earnings per common share using the two-class method, under which net earnings are allocated to each class of common stock and participating security. The computation of basic and diluted net income per common share for the three-month and six-month periods ended June 30, 2014 and 2013 is as follows:

		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
	Net income - ($ thousands)	$	546		$	3,143		$	3,189		$	6,236
	Less: distributed earnings allocable to participating securities	(2		)	(6		)	(4		)	(10		)
	Less: undistributed earnings allocable to participating securities	2			(1		)	2			(2		)
	Distributed and undistributed earnings allocable to common shareholders	$	546		$	3,136		$	3,187		$	6,224

	Weighted average shares outstanding	8,268,575			7,799,496			8,167,076			7,737,269
	Effect of stock options	77,319			184,312			91,016			176,920
	Weighted average shares outstanding - assuming dilution	8,345,894			7,983,808			8,258,092			7,914,189
	Net income per common share:
	Basic
	Diluted	$	0.07		$	0.4		$	0.4		$	0.8
		$	0.07		$	0.39		$	0.39		$	0.78
	Stock options not considered above because they were anti-dilutive	545,000			—			40,000			—

Stock_Incentives

Stock Incentives	6 Months Ended
Stock Incentives	Jun. 30, 2014
Stock Incentives	'
Stock Incentives	'
	Note 9 — Stock Incentives

	In April 2014, the Board of Directors and the stockholders approved the Orchids Paper Products Company 2014 Stock Incentive Plan (the “2014 Plan”), which replaced the Orchids Paper Products Company 2005 Stock Incentive Plan (the “2005 Plan”). No further grants can be made under the 2005 Plan. Equity awards granted under the 2005 Plan will continue in full force and effect under the terms of the 2005 Plan and are not changed or modified. The 2014 Plan provides for the granting of stock options and other stock based awards to employees and board members selected by the board’s compensation committee. A total of 400,000 shares may be issued pursuant to the 2014 Plan. As of June 30, 2014, there were 355,000 shares available for issuance under the 2014 Plan.

	Stock Options with Time-Based Vesting Conditions

	The grant date fair value of the following option grants was estimated using the Black-Scholes option valuation model. Option valuation models require the input of highly subjective assumptions including the expected stock price volatility. The following table details the options granted to certain members of the board of directors and management that were valued using the Black-Scholes valuation model and the assumptions used in the valuation model for those grants during the six months ended June 30, 2014 and 2013:

	Grant		Number		Exercise		Grant Date		Risk-Free		Estimated		Dividend		Expected
	Date		of Shares		Price		Fair Value		Interest Rate		Volatility		Yield		Life
	13-Feb		3,750		$	21.695	$	5.68	2.02	%	43	%	4.61	%	5 years
	13-May		40,000		$	22.95	$	5.28	1.87	%	43	%	5.88	%	5 years
	14-May		35,000		$	29.65	$	7.5	2.62	%	41	%	4.72	%	5 years
	14-Jun		5,000		$	30.09	$	7.67	2.63	%	41	%	4.65	%	5 years

	The Company expenses the cost of these options granted over the vesting period of the option based on the grant-date fair value of the award.

	Stock Options with Market-Based Vesting Conditions

	During the first six months of 2014, the Board of Directors granted options to purchase 145,000 shares of the Company’s common stock to certain members of management. These options will become exercisable in four equal tranches, if at all, if and when the share price of the common stock closes at a certain percentage of the purchase price of the option for three consecutive business days, in accordance with the following vesting schedule:

			Share price
			required to
			achieve vesting
	Tranche 1		$	34.788
	Tranche 2		$	42.35
	Tranche 3		$	51.425
	Tranche 4		$	60.5

	Any unvested portion of the options shall expire five years from the date of grant and the options shall terminate ten years after the date of grant. As these options include a market condition, the grant date fair value and implicit service period of these option grants were estimated using a Monte Carlo option valuation model. The following table details the options granted to certain members of management that were valued using the Monte Carlo valuation model and the assumptions used in the valuation model for those grants during the six months ended June 30, 2014. No options granted during the six months ended June 30, 2013 were valued using the Monte Carlo option valuation model.

	Grant		Number		Exercise		Grant Date		Risk-Free		Estimated		Dividend		Expected		Derived Service
	Date		of Shares		Price		Fair Value		Interest Rate		Volatility		Yield		Life (years)		Period (years)
	January 14 - Tranche 1		10,000		$	31.125	$	5.64	1.98	%	31	%	4.5	%	5.15		0.31
	January 14 - Tranche 2		10,000		$	31.125	$	5.46	1.98	%	31	%	4.5	%	5.58		1.15
	January 14 - Tranche 3		10,000		$	31.125	$	5.03	1.98	%	31	%	4.5	%	5.97		1.94
	January 14 - Tranche 4		10,000		$	31.125	$	4.27	1.98	%	31	%	4.5	%	6.25		2.5
	February 14 - Tranche 1		25,000		$	30.88	$	5.51	1.98	%	31	%	4.6	%	5.17		0.35
	February 14 - Tranche 2		25,000		$	30.88	$	5.35	1.98	%	31	%	4.6	%	5.6		1.19
	February 14 - Tranche 3		25,000		$	30.88	$	4.88	1.98	%	31	%	4.6	%	5.99		1.98
	February 14 - Tranche 4		25,000		$	30.88	$	4.15	1.98	%	31	%	4.6	%	6.27		2.54
	May 14 - Tranche 1		1,250		$	28.185	$	5.06	2.03	%	31	%	4.7	%	5.36		0.71
	May 14 - Tranche 2		1,250		$	28.185	$	4.74	2.03	%	31	%	4.7	%	5.78		1.56
	May 14 - Tranche 3		1,250		$	28.185	$	4.02	2.03	%	31	%	4.7	%	6.14		2.29
	May 14 - Tranche 4		1,250		$	28.185	$	3.29	2.03	%	31	%	4.7	%	6.39		2.79

	The Company expenses the cost of these options granted over the implicit, or derived, service period of the option based on the grant-date fair value of the award.

	Options Issued Outside of the 2014 Plan

	In April 2014, the Company’s stockholders voted to approve the options granted to Mr. Jeffrey S. Schoen, the Company’s President and Chief Executive Officer, on November 8, 2013. Upon his appointment as an officer of the Company, Mr. Schoen was granted an option to purchase up to 400,000 shares of the common stock of the Company at a purchase price of $30.25 per share. The option will become exercisable, if at all, if and when the share price of the Company’s common stock closes at a certain percentage of the purchase price of the option for three consecutive business days, in accordance with the following vesting schedule:

	Share price closes at or above the following		Number of shares that become vested
	percentage of the purchase price for the Option		Number of shares that become vested
	115% (share price $34.788)		100,000
	140% (share price $42.35)		100,000
	170% (share price $51.425)		100,000
	200% (share price $60.50)		100,000

	These options were granted outside of the 2005 Plan or the 2014 Plan. Any unvested portion of the option shall expire five years from the date of grant and the option shall terminate ten years after the date of grant. The Company used a Monte Carlo option valuation model to estimate the grant date fair value of each tranche of 100,000 options, as they include a market condition. The Company will expense the cost of the options granted over the implicit service period of the options based on the completed Monte Carlo models.

	Total Option Expense

The Company recognized the following expenses related to all options granted under the 2005 Plan, the 2014 Plan and the Schoen options:

		Three Months Ended June 30,					Six Months Ended June 30,
		2014			2013		2014		2013
Time-Based Vesting Options		$	302,000		$	236,000	$	306,000	$	285,000
Market-Based Vesting Options		690,000			—		837,000		—
Total compensation expense related to stock options		$	992,000		$	236,000	$	1,143,000	$	285,000

Future Expected Market-Based Stock Option Expense

The grant of options that vest based on a market condition will have a material impact on the Company’s results of operations. Based on the derived service periods of the options, the Company expects to expense the compensation cost related to these options as shown in the following table. However, if the market condition is achieved for any tranche of these options prior to the end of the derived service period, all remaining expense related to that tranche would be recognized in the period in which the market condition is achieved.

		2014										2014			2015			2016
		Q1			Q2		Q3		Q4			Total			Total			Total
		(in thousands)
Tranche 1		$	96		$	423	$	196	$	2		$	717		$	—		$	—
Tranche 2		26			141		142		142			451			247			—
Tranche 3		15			76		76		75			242			305			60
Tranche 4		10			50		50		51			161			199			142
Total expense		$	147		$	690	$	464	$	270		$	1,571		$	751		$	202

Restricted Stock

During the three months ended March 31, 2013, the Company granted 16,000 shares of restricted stock to certain employees under the 2005 Plan. These awards were valued at the arithmetic mean of the high and low market price of the Company’s stock on the grant date, which was $21.695 per share, and vest ratably over a three year period beginning on the first anniversary of the grant date. During 2013, 8,000 of these shares were forfeited. Accordingly, the first third of the remaining shares, or 2,666 shares, vested in February 2014. The Company expenses the cost of restricted stock granted over the vesting period of the shares based on the grant-date fair value of the award. The Company recognized expense of $14,000 and $29,000 for the three-month periods ended June 30, 2014 and 2013, respectively, and $29,000 and $48,000 for the six-month periods ended June 30, 2014 and 2013, respectively, related to the shares granted under the 2005 Plan.

Major_Customers_and_Concentrat

Major Customers and Concentration of Credit Risk	6 Months Ended
Major Customers and Concentration of Credit Risk	Jun. 30, 2014
Major Customers and Concentration of Credit Risk	'
Major Customers and Concentration of Credit Risk	'
	Note 10 — Major Customers and Concentration of Credit Risk

	The Company sells its paper production in the form of parent rolls and converted products. Revenues from converted product sales and parent roll sales in the three and six months ended June 30, 2014 and 2013 were:

		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
		(in thousands)						(in thousands)

	Converted product net sales	$	27,731		$	27,803		$	53,885		$	52,411
	Parent roll net sales	1,465			1,429			3,070			3,430
	Net sales	$	29,196		$	29,232		$	56,955		$	55,841

	Credit risk for the Company in the three and six months ended June 30, 2014 and 2013 was concentrated in the following customers who each comprised more than 10% of the Company’s total net sales:

		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013

	Converted product customer 1	42	%	52	%	46	%	52	%
	Converted product customer 2	*		11	%	*		10	%
	Converted product customer 3	10	%	*		10	%	*
	Converted product customer 4	10	%	*		10	%	*
	Total percent of net sales	62	%	63	%	66	%	62	%


	* Customer did not account for more than 10% of sales during the period indicated

	At June 30, 2014 and December 31, 2013, the four significant customers accounted for the following amounts of the Company’s accounts receivable (in thousands):

		June 30,					December 31,
		2014					2013
	Converted product customer 1	$	1,684		20	%	$	2,678		41	%
	Converted product customer 2	*			*		1,012			15	%
	Converted product customer 3	801			9	%	*			*
	Converted product customer 4	638			8	%	*			*
	Total of accounts receivable	$	3,123		37	%	$	3,690		56	%


	* Customer did not account for more than 10% of sales during the period indicated

New_Accounting_Pronouncements

New Accounting Pronouncements	6 Months Ended
New Accounting Pronouncements	Jun. 30, 2014
New Accounting Pronouncements	'
New Accounting Pronouncements	'
	Note 11 — New Accounting Pronouncements

	In May 2014, the FASB issued Accounting Standards Update 2014-09, “Revenue from Contracts with Customers” (“ASU 2014-09”). ASU 2014-09 clarifies the principles for recognizing revenue and develops a common revenue standard under U.S. GAAP under which 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. ASU 2014-09 is effective for the Company for interim and annual periods beginning on or after December 15, 2016. Management is currently assessing the impact ASU 2014-09 will have on the Company, but it is not expected to have a material effect on the Company’s financial position, results of operations or cash flows.

	In June 2014, the FASB issued Accounting Standards Update 2014-12, “Compensation — Stock Compensation: Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (“ASU 2014-12”). ASU 2014-12 requires that a performance target that affects vesting of share-based payments and that could be achieved after the requisite service period be treated as a performance condition the affects vesting and as such, should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual and interim periods beginning after December 15, 2015. This standard is not expected to have a material effect on the Company’s financial position, results of operations or cash flows.

Subsequent_Event

Subsequent Event	6 Months Ended
Subsequent Event	Jun. 30, 2014
Subsequent Event	'
Subsequent Event	'
	Note 12 — Subsequent Event

	On July 23, 2014, the Board of Directors authorized a quarterly cash dividend of $0.35 per outstanding share of the Company’s common stock. The Company expects to pay this dividend on August 18, 2014 to stockholders of record at the close of business on August 4, 2014.

Acquisition_of_Fabrica_Assets_1

Acquisition of Fabrica Assets and U.S. Business (Tables)	6 Months Ended
Acquisition of Fabrica Assets and U.S. Business (Tables)	Jun. 30, 2014
Acquisition of Fabrica Assets and U.S. Business	'
Schedule of purchase price allocation	'
	The $32.7 million purchase price of $16.7 million in cash (financed by a Term Loan) and $16.0 million in common stock was allocated as follows (in thousands):

	Total purchase price	$	32,700
	Less: net assets acquired
	Machinery & Equipment	7,150
	Intangible Asset - Supply and Lease Agreement	12,800
	Intangible Asset - Licenses/Trademarks	1,350
	Intangible Asset - Non-Compete Agreement	1,150
	Intangible Asset - Customer Relationships	2,690
	Goodwill	$	7,560
Schedule of intangible assets	'


		Gross Carrying		Accumulated		Net Carrying
		Amount		Amortization		Value
		(in thousands)
	Intangible Asset - Supply and Lease Agreement	$	12,800	$	46	$	12,754
	Intangible Asset - Licenses/Trademarks	1,350		5		$	1,345
	Intangible Asset - Non-Compete Agreement	1,150		41		$	1,109
	Intangible Asset - Customer Relationships	2,690		16		$	2,674
		$	17,990	$	108	$	17,882

Schedule of pro forma operating results	'


		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013
		(in thousands)				(in thousands)
	Pro forma net sales	$	34,985	$	35,617	$	71,117	$	67,815
	Pro forma net income	$	2,038	$	3,363	$	5,144	$	5,235
	Pro forma net income per share - basic	$	0.25	$	0.43	$	0.63	$	0.68
	Pro forma net income per share - diluted	$	0.24	$	0.42	$	0.62	$	0.66

Commitments_and_Contingencies_

Commitments and Contingencies (Tables)	6 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2014
Commitments and Contingencies	'
Schedule of purchase contracts of natural gas	'


	Period	MMBTUs	Price per		Management
			MMBTU		fee per
					MMBTU
	April 2012 - March 2013	334,207	$	5.5	$	0.07
	April 2013 - December 2014	556,886	$	4.905	$	0.07
	April 2013 - September 2013	additional 5,000/month	$	4.7	$	0.07
	October 2013 - March 2014	additional 5,000/month	$	4.75	$	0.07
	April 2014 - December 2014	additional 5,000/month	$	4.7	$	0.07
	January 2015 - March 2015	95,900	$	4.5	$	0.07
	April 2015 - June 2015	93,600	$	4.3	$	0.07
	July 2015 - September 2015	92,300	$	4.35	$	0.07
	October 2015 - December 2015	91,900	$	4.5	$	0.07
	January 2016 - March 2016	95,900	$	4.53	$	0.07
	April 2016 - June 2016	93,600	$	4.17	$	0.07
	July 2016 - September 2016	92,300	$	4.26	$	0.07
	October 2016 - December 2016	91,900	$	4.42	$	0.07

Inventories_Tables

Inventories (Tables)	6 Months Ended
	Jun. 30, 2014
Inventories	'
Schedule of inventories	'


		June 30,			December 31,
		2014			2013
		(in thousands)
	Raw materials	$	3,816		$	3,587
	Bulk paper rolls	3,242			2,125
	Converted finished goods	7,133			5,314
	Inventory valuation reserve	(136		)	(105		)
		$	14,055		$	10,921

LongTerm_Debt_and_Revolving_Li1

Long-Term Debt and Revolving Line of Credit (Tables)	6 Months Ended
Long-Term Debt and Revolving Line of Credit (Tables)	Jun. 30, 2014
Long-Term Debt and Revolving Line of Credit	'
Schedule of interest margin and commitment fee payable	'


		Interest		Commitment
	Leverage Ratio	Margin		Fee
	Less than 1.00	1	%	0.15	%
	Greater than or equal to 1.00 but less than 2.00	1.25	%	0.2	%
	Greater than or equal to 2.00 but less than 3.00	1.5	%	0.25	%
	Greater than or equal to 3.00	2	%	0.3	%
Schedule of long-term debt	'


		June 30,			December 31,
		2014			2013
		(in thousands)

	Revolving line of credit, maturing on June 3, 2019	$	3,897		$	—
	Term Loan 1, maturing on April 24, 2021, due in monthly installments of $36,000, excluding interest paid separately	—			9,684
	Term Loan 2, maturing on July 1, 2018, due in monthly installments of $60,000, excluding interest paid separately	—			5,395
	Term Loan, maturing on June 3, 2020, due in quarterly installments of $675,000 for the first two years and $1,000,000 thereafter, excluding interest paid separately	30,000			—
		$	33,897		$	15,079
	Less current portion	2,700			1,152
		$	31,197		$	13,927

Earnings_per_Share_Tables

Earnings per Share (Tables)	6 Months Ended
Earnings per Share (Tables)	Jun. 30, 2014
Earnings per Share	'
Schedule of computation of basic and diluted net income per common share	'


		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
	Net income - ($ thousands)	$	546		$	3,143		$	3,189		$	6,236
	Less: distributed earnings allocable to participating securities	(2		)	(6		)	(4		)	(10		)
	Less: undistributed earnings allocable to participating securities	2			(1		)	2			(2		)
	Distributed and undistributed earnings allocable to common shareholders	$	546		$	3,136		$	3,187		$	6,224

	Weighted average shares outstanding	8,268,575			7,799,496			8,167,076			7,737,269
	Effect of stock options	77,319			184,312			91,016			176,920
	Weighted average shares outstanding - assuming dilution	8,345,894			7,983,808			8,258,092			7,914,189
	Net income per common share:
	Basic
	Diluted	$	0.07		$	0.4		$	0.4		$	0.8
		$	0.07		$	0.39		$	0.39		$	0.78
	Stock options not considered above because they were anti-dilutive	545,000			—			40,000			—

Stock_Incentives_Tables

Stock Incentives (Tables)	6 Months Ended
Stock Incentives (Tables)	Jun. 30, 2014
Stock Incentives	'
Schedule of vesting of exercisable options granted to Mr. Schoen	'


	Share price closes at or above the following	Number of shares that become vested
	percentage of the purchase price for the Option	Number of shares that become vested
	115% (share price $34.788)	100,000
	140% (share price $42.35)	100,000
	170% (share price $51.425)	100,000
	200% (share price $60.50)	100,000
Schedule of expenses related to all options granted	'


		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
	Time-Based Vesting Options	$	302,000		$	236,000		$	306,000		$	285,000
	Market-Based Vesting Options	690,000			—			837,000			—
	Total compensation expense related to stock options	$	992,000		$	236,000		$	1,143,000		$	285,000
Time-Based Vesting Conditions	'
Stock Incentives	'
Schedule of details of options granted to certain members of the board of directors and management	'


	Grant	Number		Exercise			Grant Date			Risk-Free		Estimated		Dividend		Expected
	Date	of Shares		Price			Fair Value			Interest Rate		Volatility		Yield		Life
	13-Feb	3,750		$	21.695		$	5.68		2.02	%	43	%	4.61	%	5 years
	13-May	40,000		$	22.95		$	5.28		1.87	%	43	%	5.88	%	5 years
	14-May	35,000		$	29.65		$	7.5		2.62	%	41	%	4.72	%	5 years
	14-Jun	5,000		$	30.09		$	7.67		2.63	%	41	%	4.65	%	5 years
Market-Based Vesting Conditions	'
Stock Incentives	'
Schedule of details of options granted to certain members of the board of directors and management	'


	Grant	Number		Exercise			Grant Date			Risk-Free		Estimated		Dividend		Expected		Derived Service
	Date	of Shares		Price			Fair Value			Interest Rate		Volatility		Yield		Life (years)		Period (years)
	January 14 - Tranche 1	10,000		$	31.125		$	5.64		1.98	%	31	%	4.5	%	5.15		0.31
	January 14 - Tranche 2	10,000		$	31.125		$	5.46		1.98	%	31	%	4.5	%	5.58		1.15
	January 14 - Tranche 3	10,000		$	31.125		$	5.03		1.98	%	31	%	4.5	%	5.97		1.94
	January 14 - Tranche 4	10,000		$	31.125		$	4.27		1.98	%	31	%	4.5	%	6.25		2.5
	February 14 - Tranche 1	25,000		$	30.88		$	5.51		1.98	%	31	%	4.6	%	5.17		0.35
	February 14 - Tranche 2	25,000		$	30.88		$	5.35		1.98	%	31	%	4.6	%	5.6		1.19
	February 14 - Tranche 3	25,000		$	30.88		$	4.88		1.98	%	31	%	4.6	%	5.99		1.98
	February 14 - Tranche 4	25,000		$	30.88		$	4.15		1.98	%	31	%	4.6	%	6.27		2.54
	May 14 - Tranche 1	1,250		$	28.185		$	5.06		2.03	%	31	%	4.7	%	5.36		0.71
	May 14 - Tranche 2	1,250		$	28.185		$	4.74		2.03	%	31	%	4.7	%	5.78		1.56
	May 14 - Tranche 3	1,250		$	28.185		$	4.02		2.03	%	31	%	4.7	%	6.14		2.29
	May 14 - Tranche 4	1,250		$	28.185		$	3.29		2.03	%	31	%	4.7	%	6.39		2.79
Schedule of market-based vesting conditions	'


		Share price
		required to
		achieve vesting
	Tranche 1	$	34.788
	Tranche 2	$	42.35
	Tranche 3	$	51.425
	Tranche 4	$	60.5
Schedule of compensation cost expected to be expensed	'


		2014												2014			2015		2016
		Q1			Q2			Q3			Q4			Total			Total		Total
		(in thousands)
	Tranche 1	$	96		$	423		$	196		$	2		$	717		$	—	$	—
	Tranche 2	26			141			142			142			451			247		—
	Tranche 3	15			76			76			75			242			305		60
	Tranche 4	10			50			50			51			161			199		142
	Total expense	$	147		$	690		$	464		$	270		$	1,571		$	751	$	202

Major_Customers_and_Concentrat1

Major Customers and Concentration of Credit Risk (Tables)	6 Months Ended
Major Customers and Concentration of Credit Risk (Tables)	Jun. 30, 2014
Major Customers and Concentration of Credit Risk	'
Schedule of revenues from converted product sales and parent roll sales	'


		Three Months Ended June 30,						Six Months Ended June 30,
		2014			2013			2014			2013
		(in thousands)						(in thousands)

	Converted product net sales	$	27,731		$	27,803		$	53,885		$	52,411
	Parent roll net sales	1,465			1,429			3,070			3,430
	Net sales	$	29,196		$	29,232		$	56,955		$	55,841
Net sales \| Customer concentration risk	'
Major Customers and Concentration of Credit Risk	'
Schedule of concentration risk	'


		Three Months Ended June 30,				Six Months Ended June 30,
		2014		2013		2014		2013

	Converted product customer 1	42	%	52	%	46	%	52	%
	Converted product customer 2	*		11	%	*		10	%
	Converted product customer 3	10	%	*		10	%	*
	Converted product customer 4	10	%	*		10	%	*
	Total percent of net sales	62	%	63	%	66	%	62	%


	* Customer did not account for more than 10% of sales during the period indicated
Accounts receivable \| Credit risk	'
Major Customers and Concentration of Credit Risk	'
Schedule of concentration risk	'
	At June 30, 2014 and December 31, 2013, the four significant customers accounted for the following amounts of the Company’s accounts receivable (in thousands):

		June 30,					December 31,
		2014					2013
	Converted product customer 1	$	1,684		20	%	$	2,678		41	%
	Converted product customer 2	*			*		1,012			15	%
	Converted product customer 3	801			9	%	*			*
	Converted product customer 4	638			8	%	*			*
	Total of accounts receivable	$	3,123		37	%	$	3,690		56	%


	* Customer did not account for more than 10% of sales during the period indicated

Basis_of_Presentation_Details

Basis of Presentation (Details) (USD $)	1 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2004	Jun. 03, 2014
	Mar. 31, 2004	item
Basis of Presentation	'	'
Price paid for acquisition of reporting entity by Orchids Acquisition Group, Inc.	$21.60	'
Number of wholly owned subsidiaries	'	3

Acquisition_of_Fabrica_Assets_2

Acquisition of Fabrica Assets and U.S. Business (Details) (USD $)	6 Months Ended	0 Months Ended		6 Months Ended	0 Months Ended			0 Months Ended
	Jun. 30, 2014	Jun. 03, 2014	Jun. 03, 2014	Jun. 30, 2014	Jun. 03, 2014	Jun. 03, 2014	5-May-14	Jun. 03, 2014
		Fabrica	Fabrica	Fabrica	Certain assets and U.S. business of Fabrica	Certain assets and U.S. business of Fabrica	Certain assets and U.S. business of Fabrica	Certain assets and U.S. business of Fabrica
		Supply Agreement	Lease Agreement	Lease Agreement		Fabrica	Fabrica	Elgin
		t				item		Supply Agreement
Transactions with Fabrica	'	'	'	'	'	'	'	'
Percentage of Fabrica's U.S. tissue business acquired at the acquisition date	'	'	'	'	'	'	100.00%	'
Number of converting lines acquired	'	'	'	'	'	2	'	'
Number of shares of common stock issued	'	'	'	'	'	411,650	'	274,433
Value of shares of common stock issued	'	'	'	'	'	$12,000,000	'	$8,000,000
Fair value of shares issued as consideration	'	'	'	'	16,000,000	9,600,000	'	6,400,000
Cash paid	16,700,000	'	'	'	16,700,000	'	'	16,700,000
Parent rolls that can be purchased in each twelve months period, maximum (in metric tons)	'	18,000	'	'	'	'	'	'
Period of time Company has the right to purchase up to 18,000 metric tons of parent rolls and equivalent converting capacity from Fabrica	'	'12 months	'	'	'	'	'	'
Additional annual purchases of parent rolls in specified period (in metric tons)	'	7,000	'	'	'	'	'	'
Period following the effective date of supply agreement over which additional parent rolls can be purchased	'	'2 years	'	'	'	'	'	'
Supply agreement term	'	'20 years	'	'	'	'	'	'
Equipment lease agreement term	'	'	'20 years	'	'	'	'	'
Liquidated damages to be paid in event of termination of agreement due to specified conditions	'	100,000,000	'	'	'	'	'	'
Option period to terminate the agreement due to change of control	'	'2 years	'	'	'	'	'	'
Liquidated damages to be paid in event of termination of agreement due to change of control	'	36,700,000	'	'	'	'	'	'
Leased assets, sale value	'	'	12,000,000	'	'	'	'	'
Income earned under lease agreement	'	'	'	$198,000	'	'	'	'

Acquisition_of_Fabrica_Assets_3

Acquisition of Fabrica Assets and U.S. Business (Details 2) (USD $)

6 Months Ended

0 Months Ended

Jun. 30, 2014

Jun. 03, 2014

Jun. 30, 2014

Jun. 03, 2014

Jun. 30, 2014

Jun. 03, 2014

Jun. 30, 2014

Jun. 03, 2014

Jun. 30, 2014

Jun. 03, 2014

Jun. 30, 2014

Jun. 03, 2014

Certain assets and U.S. business of Fabrica

Supply and Lease Agreement

Licenses/Trademarks

Non-Compete Agreement

Customer Relationships

Fabrica

Purchase Price Allocation

Cash paid

$16,700,000

Value of shares of common stock issued

16,000,000

9,600,000

Value of shares of common stock issued

12,000,000

Total purchase price

32,700,000

Less: net assets acquired

Machinery & Equipment

7,150,000

Goodwill

7,560,000

Intangibles and Goodwill

Intangible Assets

18,000,000

12,800,000

1,350,000

1,150,000

2,690,000

Intangible assets acquired, expected life

'12 years

Intangible assets acquired, expected life

'20 years

'2 years

'12 years

Intangible Assets

Gross Carrying Amount

17,990,000

12,800,000

1,350,000

1,150,000

2,690,000

Accumulated Amortization

108,000

46,000

5,000

41,000

16,000

Net Carrying Amount

17,882,000

12,754,000

1,345,000

1,109,000

2,674,000

Rollforward of goodwill

Impairment

Acquisition_of_Fabrica_Assets_4

Acquisition of Fabrica Assets and U.S. Business (Details 3) (Certain assets and U.S. business of Fabrica, USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Certain assets and U.S. business of Fabrica	'	'	'	'
Operating Results of Business Acquired	'	'	'	'
Revenues of acquiree since acquisition date	$2,900,000	'	$2,900,000	'
Earnings of acquiree since acquisition date	576,000	'	576,000	'
Transaction costs	1,500,000	'	1,500,000	'
Pro Forma Information	'	'	'	'
Pro forma net sales	34,985,000	35,617,000	71,117,000	67,815,000
Pro forma net income	$2,038,000	$3,363,000	$5,144,000	$5,235,000
Pro forma net income per share - basic (in dollars per share)	$0.25	$0.43	$0.63	$0.68
Pro forma net income per share - diluted (in dollars per share)	$0.24	$0.42	$0.62	$0.66

Fair_Value_Measurements_Detail

Fair Value Measurements (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2013
Assets	'	'	'
Short-term investments	'	$5,035,000	'
Liabilities	'	'	'
Level 1 to Level 2 asset transfer amounts	0	'	0
Level 1 to Level 2 liability transfer amounts	0	'	0
Level 2 to Level 1 asset transfer amounts	0	'	0
Level 2 to Level 1 liability transfer amounts	0	'	0
Level 2 to Level 3 asset or liability transfer amounts	0	'	0
Level 3 to Level 2 asset or liability transfer amounts	0	'	0
Level 1 \| Commercial Deposit	'	'	'
Assets	'	'	'
Short-term investments	0	5,035,000	'
Level 2	'	'	'
Liabilities	'	'	'
Fair value of long-term debt	$33,897,000	$15,079,000	'

Commitments_and_Contingencies_1

Commitments and Contingencies (Details) (USD $)

1 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

In Millions, unless otherwise specified

Oct. 31, 2008

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Nov. 30, 2013

Jun. 30, 2014

Nov. 30, 2013

Natural gas

Capital additions

MMBTU

April 2012 - March 2013

April 2013 - December 2014

April 2013 - September 2013

October 2013 - March 2014

April 2014 - December 2014

January 2015 - March 2015

April 2015 - June 2015

July 2015 - September 2015

October 2015 - December 2015

January 2016 - March 2016

April 2016 - June 2016

July 2016 - September 2016

October 2016 - December 2016

Minimum

Maximum

item

New paper machine and converting line

MMBTU

project

Commitments and Contingencies

Quantity of natural gas per year (in MMBTUs)

334,000

Quantity of natural gas requirements (in MMBTUs)

334,207

556,886

95,900

93,600

92,300

91,900

95,900

93,600

92,300

91,900

Additional MMBTUs per month

5,000

Price per MMBTU

5.5

4.905

4.7

4.75

4.7

4.5

4.3

4.35

4.5

4.53

4.17

4.26

4.42

Management fee per MMBTU

0.07

Amount under the contract as a percent of the entity's requirements

60.00%

70.00%

Purchases under the gas contract

$0.50

Number of projects to upgrade paper making and converting assets

Number of existing paper machines to be replaced

Estimated cost of capital expenditure projects

30.4

Amount of obligations under purchase order

$10.40

Inventories_Details

Inventories (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Inventories	'	'
Raw materials	$3,816	$3,587
Bulk paper rolls	3,242	2,125
Converted finished goods	7,133	5,314
Inventory valuation reserve	-136	-105
Total	$14,055	$10,921

LongTerm_Debt_and_Revolving_Li2

Long-Term Debt and Revolving Line of Credit (Details) (USD $)

6 Months Ended

1 Months Ended

6 Months Ended

1 Months Ended

6 Months Ended

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

31-May-14

Jun. 30, 2014

31-May-14

Dec. 31, 2013

Jun. 30, 2014

31-May-14

Dec. 31, 2013

Credit agreement

Revolving credit line

Revolving credit line permitted for domestic working capital purposes

Revolving credit line permitted for purchase, construction and upgrade of assets

Term Loan due June 2020

Real estate debt maturing on June 3, 2020

Equipment debt maturing on June 3, 2020

Fabrica agreement debt maturing on June 3, 2020

Real Estate Term Loan 1

Machinery and Equipment Term Loan 2

Maximum

Minimum

LIBOR

Less than 1.00

Greater than or equal to 1.00 but less than 2.00

Greater than or equal to 2.00 but less than 3.00

Greater than or equal to 3.00

Payment for first two years

Payment thereafter

Less than 1.00

Greater than or equal to 1.00 but less than 2.00

Greater than or equal to 2.00 but less than 3.00

Greater than or equal to 1.00 but less than 2.00

Greater than or equal to 2.00 but less than 3.00

Greater than or equal to 3.00

Less than 1.00

Greater than or equal to 1.00 but less than 2.00

Greater than or equal to 2.00 but less than 3.00

Greater than or equal to 3.00

Long-Term Debt and Revolving Line of Credit

Maximum borrowing capacity

$45,000,000

$25,000,000

$15,000,000

$20,000,000

Face amount

30,000,000

10,800,000

7,200,000

Term of debt

'6 years

Term of debt for amortization

'22 years

'7 years

'10 years

Long-term debt

33,897,000

15,079,000

3,897,000

30,000,000

9,500,000

9,684,000

5,100,000

5,395,000

Cash paid to close the strategic alliance with Fabrica

16,700,000

Leverage Ratio

1.1

3.5

Variable rate basis

'LIBOR

Interest Margin (as a percent)

1.00%

1.25%

1.50%

2.00%

Commitment Fee (as a percent)

0.15%

0.20%

0.25%

0.30%

Less: current portion

2,700,000

1,152,000

Total non-current

31,197,000

13,927,000

Payment excluding interest

675,000

1,000,000

36,000

60,000

Number of years for the quarterly installments of $675,000

'2 years

Threshold limit of borrowing base to determine reduction in amount available under the credit facility

$25,000,000

Fixed charge coverage ratio

1.2

Income_Taxes_Details

Income Taxes (Details)	3 Months Ended		6 Months Ended
Income Taxes (Details)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Income Taxes	'	'	'	'
Estimated annual effective income tax rate (as a percent)	'	'	32.00%	'
Actual effective income tax rate (as a percent)	37.20%	28.40%	32.10%	27.10%

Earnings_per_Share_Details

Earnings per Share (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings per Share	'	'	'	'
Net income	$546	$3,143	$3,189	$6,236
Less: distributed earnings allocable to participating securities	-2	-6	-4	-10
Less: undistributed earnings allocable to participating securities	2	-1	2	-2
Distributed and undistributed earnings allocable to common shareholders	$546	$3,136	$3,187	$6,224
Weighted average shares outstanding	8,268,575	7,799,496	8,167,076	7,737,269
Effect of stock options (in shares)	77,319	184,312	91,016	176,920
Weighted average common shares outstanding - assuming dilution	8,345,894	7,983,808	8,258,092	7,914,189
Net income per share, basic (in dollars per share)	$0.07	$0.40	$0.40	$0.80
Net income per share, diluted (in dollars per share)	$0.07	$0.39	$0.39	$0.78
Stock options not considered above because they were anti-dilutive (in shares)	545,000	'	40,000	'

Stock_Incentives_Details

Stock Incentives (Details) (USD $)

3 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

1 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Apr. 30, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

31-May-14

31-May-13

Feb. 28, 2013

Jun. 30, 2014

Jun. 30, 2013

14-May-14

Feb. 14, 2014

Jan. 14, 2014

14-May-14

Feb. 14, 2014

Jan. 14, 2014

14-May-14

Feb. 14, 2014

Jan. 14, 2014

14-May-14

Feb. 14, 2014

Jan. 14, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Dec. 31, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Dec. 31, 2015

Dec. 31, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2014

Sep. 30, 2014

Dec. 31, 2016

Dec. 31, 2015

Dec. 31, 2014

Options

Time-Based Vesting Conditions

Market-Based Vesting Conditions

Stock options with President and market-based vesting conditions

President and Chief Executive Officer

Board of Directors and Management

Management

President and certain members of management

Share price equivalent $34.788

Share price equivalent $42.350

Share price equivalent $51.425

Share price equivalent $60.500

Minimum

tranch

Tranche 1

Tranche 2

Tranche 3

Tranche 4

Minimum

Subsequent event

Tranche 1

Tranche 2

Tranche 3

Tranche 4

Share price equivalent $34.788

Share price equivalent $42.350

Share price equivalent $51.425

Share price equivalent $60.500

Share price equivalent $34.788

Share price equivalent $42.350

Share price equivalent $51.425

Share price equivalent $60.500

Forecast

Subsequent event

Tranche 1

Tranche 2

Tranche 3

Tranche 4

Forecast

Stock Incentives

Number of shares which may be issued pursuant to the Plan

400,000

Number of shares available for issuance under the Plan

355,000

Number of shares

400,000

5,000

35,000

40,000

3,750

145,000

1,250

25,000

10,000

1,250

25,000

10,000

1,250

25,000

10,000

1,250

25,000

10,000

Exercise Price (in dollars per share)

$30.25

$30.09

$29.65

$22.95

$21.70

$28.18

$30.88

$31.13

$28.18

$30.88

$31.13

$28.18

$30.88

$31.13

$28.18

$30.88

$31.13

Grant Date Fair Value (in dollars per share)

$7.67

$7.50

$5.28

$5.68

$5.06

$5.51

$5.64

$4.74

$5.35

$5.46

$4.02

$4.88

$5.03

$3.29

$4.15

$4.27

Risk-Free Interest Rate (as a percent)

2.63%

2.62%

1.87%

2.02%

2.03%

1.98%

2.03%

1.98%

2.03%

1.98%

2.03%

1.98%

Estimated Volatility (as a percent)

41.00%

43.00%

31.00%

Dividend Yield (as a percent)

4.65%

4.72%

5.88%

4.61%

4.70%

4.60%

4.50%

4.70%

4.60%

4.50%

4.70%

4.60%

4.50%

4.70%

4.60%

4.50%

Expected Life

'5 years

'5 years 4 months 10 days

'5 years 2 months 1 day

'5 years 1 month 24 days

'5 years 9 months 11 days

'5 years 7 months 6 days

'5 years 6 months 29 days

'6 years 1 month 20 days

'5 years 11 months 26 days

'5 years 11 months 19 days

'6 years 4 months 20 days

'6 years 3 months 7 days

'6 years 3 months

Derived Service Period

'8 months 16 days

'4 months 6 days

'3 months 22 days

'1 year 6 months 22 days

'1 year 2 months 8 days

'1 year 1 month 24 days

'2 years 3 months 14 days

'1 year 11 months 23 days

'1 year 11 months 8 days

'2 years 9 months 14 days

'2 years 6 months 14 days

'2 years 6 months

Number of equal tranches in which options will become exercisable

Consecutive business days at any point during specified period for which the Company's common stock closed at specified prices

'3 days

Share price required to achieve vesting (in dollars per share)

$34.79

$42.35

$51.42

$60.50

$34.79

$42.35

$51.42

$60.50

Expiration period of unvested portion of options

'5 years

Termination period of options

'10 years

Compensation expense recognized

$992,000

$236,000

$1,143,000

$285,000

$302,000

$236,000

$306,000

$285,000

$690,000

$837,000

$690,000

$147,000

$270,000

$464,000

$202,000

$751,000

$1,571,000

$423,000

$96,000

$2,000

$196,000

$717,000

$141,000

$26,000

$142,000

$247,000

$451,000

$76,000

$15,000

$75,000

$76,000

$60,000

$305,000

$242,000

$50,000

$10,000

$51,000

$50,000

$142,000

$199,000

$161,000

Percentage of the purchase price for the Option

115.00%

140.00%

170.00%

200.00%

Number of options used to estimate grant date fair value of each tranche (in shares)

100,000

Stock_Incentives_Details_2

Stock Incentives (Details 2) (Restricted Stock Awards, USD $)	1 Months Ended	3 Months Ended			6 Months Ended		12 Months Ended
	Feb. 28, 2014	Jun. 30, 2014	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Restricted Stock Awards	'	'	'	'	'	'	'
Stock Incentives	'	'	'	'	'	'	'
Granted (in shares)	'	'	'	16,000	'	'	'
Value on the grant date (in dollars per share)	'	'	'	$21.70	'	'	'
Vesting period	'	'	'	'3 years	'	'	'
Forfeited (in shares)	'	'	'	'	'	'	8,000
Vesting percentage	33.33%	'	'	'	'	'	'
Vested (in shares)	2,666	'	'	'	'	'	'
Compensation expense recognized	'	$14,000	$29,000	'	$29,000	$48,000	'

Major_Customers_and_Concentrat2

Major Customers and Concentration of Credit Risk (Details) (USD $)	3 Months Ended		6 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
	Jun. 30, 2014	Jun. 30, 2013	customer	Jun. 30, 2013	customer
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Net sales	$29,196	$29,232	$56,955	$55,841	'
Concentration risk amount	8,485	'	8,485	'	6,585
Number of significant customers	'	'	4	'	4
Net sales \| Customer concentration risk \| All significant customers	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk percentage	62.00%	63.00%	66.00%	62.00%	'
Net sales \| Customer concentration risk \| Converted product customer 1	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk percentage	42.00%	52.00%	46.00%	52.00%	'
Net sales \| Customer concentration risk \| Converted product customer 2	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk percentage	'	11.00%	'	10.00%	'
Net sales \| Customer concentration risk \| Converted product customer 3	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk percentage	10.00%	'	10.00%	'	'
Net sales \| Customer concentration risk \| Converted product customer 4	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk percentage	10.00%	'	10.00%	'	'
Accounts receivable \| Credit risk \| All significant customers	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk amount	3,123	'	3,123	'	3,690
Concentration risk percentage	'	'	37.00%	'	56.00%
Accounts receivable \| Credit risk \| Converted product customer 1	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk amount	1,684	'	1,684	'	2,678
Concentration risk percentage	'	'	20.00%	'	41.00%
Accounts receivable \| Credit risk \| Converted product customer 2	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk amount	'	'	'	'	1,012
Concentration risk percentage	'	'	'	'	15.00%
Accounts receivable \| Credit risk \| Converted product customer 3	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk amount	801	'	801	'	'
Concentration risk percentage	'	'	9.00%	'	'
Accounts receivable \| Credit risk \| Converted product customer 4	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Concentration risk amount	638	'	638	'	'
Concentration risk percentage	'	'	8.00%	'	'
Converted product	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Net sales	27,731	27,803	53,885	52,411	'
Parent roll	'	'	'	'	'
Major Customers and Concentration of Credit Risk	'	'	'	'	'
Net sales	$1,465	$1,429	$3,070	$3,430	'

Subsequent_Event_Details

Subsequent Event (Details) (Subsequent event, USD $)	0 Months Ended
Subsequent Event (Details) (Subsequent event, USD $)	Jul. 23, 2014
Subsequent event	'
Subsequent Events	'
Common stock, quarterly cash dividend (in dollars per share)	$0.35