Hamilton Beach Brands Holding (HBB) 10-K 7 Mar 18 2017 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2017	Mar. 02, 2018	Jun. 30, 2017
Entity Information [Line Items]
Entity Registrant Name	HAMILTON BEACH BRANDS HOLDING COMPANY
Entity Central Index Key	1,709,164
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 0
Shares Outstanding Class A
Entity Information [Line Items]
Shares Outstanding		9,155,508
Shares Outstanding Class B
Entity Information [Line Items]
Shares Outstanding		4,532,664

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Statement [Abstract]
Revenues	$ 740,749	$ 745,357	$ 767,862
Cost of sales	546,928	551,586	577,134
Gross profit	193,821	193,771	190,728
Operating expenses
Selling, general and administrative expenses	154,305	149,016	153,793
Amortization of intangible assets	1,381	1,381	1,381
Operating Expenses	155,686	150,397	155,174
Operating profit	38,135	43,374	35,554
Other expense
Interest expense	1,831	1,374	1,962
Other, net, including interest income	227	837	1,556
Other (income) expense	2,058	2,211	3,518
Income before income tax provision	36,077	41,163	32,036
Income tax provision	18,172	14,984	12,325
Net income	$ 17,905	$ 26,179	$ 19,711
Basic earnings per share (in dollars per share)	$ 1.31	$ 1.91	$ 1.44
Diluted earnings per share (in dollars per share)	$ 1.31	$ 1.91	$ 1.44
Basic weighted average shares outstanding (in shares)	13,673	13,673	13,673
Diluted weighted average shares outstanding (in shares)	13,685	13,673	13,673

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 17,905	$ 26,179	$ 19,711
Foreign currency translation adjustment	689	(2,078)	(2,756)
Current period cash flow hedging activity, net of $293 tax benefit in 2017, $152 tax expense in 2016, and $168 tax expense in 2015	(749)	168	399
Reclassification of hedging activities into earnings, net of $275 tax benefit in 2017, $67 tax benefit in 2016, and $235 tax expense in 2015	641	105	(382)
Current period pension plan adjustment, net of $936 tax expense in 2017, $176 tax benefit in 2016, and $488 tax benefit in 2015	1,510	(385)	(757)
Reclassification of pension adjustments into earnings, net of $205 tax benefit in 2017, $195 tax benefit in 2016, and $236 tax benefit in 2015	306	313	512
Total other comprehensive income (loss)	2,397	(1,877)	(2,984)
Comprehensive income	$ 20,302	$ 24,302	$ 16,727

Consolidated Statements of Com4

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Statement of Comprehensive Income [Abstract]
Current period cash flow hedging activity, tax (benefit) expense	$ (293)	$ 152	$ 168
Reclassification of hedging activities into earnings, tax (benefit) expense	(275)	(67)	235
Current period pension and postretirement plan adjustment, tax expense (benefit)	936	(176)	(488)
Reclassification of pension and post retirement adjustments into earnings, tax benefit	$ (205)	$ (195)	$ (236)

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Current assets
Cash and cash equivalents	$ 10,906	$ 11,340
Accounts receivable, net of allowances of $15,341 and $15,512 in 2017 and 2016, respectively	114,100	104,074
Inventories, net	134,744	128,415
Prepaid expenses and other	8,835	8,586
Total current assets	268,585	252,415
Property, plant and equipment, net	19,083	15,943
Goodwill	6,253	6,253
Other intangibles, net	5,900	7,282
Deferred income taxes	12,825	17,504
Deferred costs	10,466	7,968
Other non-current assets	3,121	3,468
Total assets	326,233	310,833
Current liabilities
Accounts payable	143,012	121,253
Accounts payable to NACCO Industries, Inc.	9,189	9,705
Revolving credit agreements	31,346	12,714
Accrued payroll	17,302	17,443
Accrued cooperative advertising	11,418	15,056
Other current liabilities	18,679	13,779
Total current liabilities	230,946	189,950
Revolving credit agreements	20,000	26,000
Other long-term liabilities	28,879	29,615
Total liabilities	279,825	245,565
Common stock, par value $1.00 per share, 1,000 shares authorized, 100 shares outstanding as of December 31, 2016
Common stock	0	0
Preferred stock, par value $0.01 per share, 5 million shares authorized, no shares outstanding as of December 31, 2017	0	0
Capital in excess of par value	47,773	75,031
Retained earnings	12,603	6,738
Accumulated other comprehensive loss	(14,104)	(16,501)
Total stockholders’ equity	46,408	65,268
Total liabilities and equity	326,233	310,833
Class A Common Stock
Common stock, par value $1.00 per share, 1,000 shares authorized, 100 shares outstanding as of December 31, 2016
Common stock	88	0
Class B Common Stock
Common stock, par value $1.00 per share, 1,000 shares authorized, 100 shares outstanding as of December 31, 2016
Common stock	$ 48	$ 0

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) $ in Thousands	Dec. 31, 2017USD ($)$ / sharesshares	Dec. 31, 2016USD ($)$ / sharesshares
Statement of Financial Position [Abstract]
Allowances for account receivable | $	$ 15,341	$ 15,512
Common stock, par value (in usd per share) | $ / shares		$ 1
Common stock, shares authorized (in shares)		1,000
Common stock, shares outstanding (in shares)		100
Preferred stock, par value (in usd per share) | $ / shares	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000
Preferred stock, shares outstanding (in shares)	0
Class A Common Stock
Common stock, par value (in usd per share) | $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	70,000,000	0
Common stock, shares outstanding (in shares)	8,865,207	0
Class B Common Stock
Common stock, par value (in usd per share) | $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	0
Common stock, shares outstanding (in shares)	4,808,225	0
Common stock, convertible conversion ratio	0	0

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operating Activities
Net income	$ 17,905	$ 26,179	$ 19,711
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	5,611	6,226	6,308
Amortization of deferred financing fees	204	225	244
Deferred income taxes	3,942	1,787	(1,679)
Other	(822)	(952)	(155)
Working capital changes, excluding the effect of business acquisitions:
Affiliate receivable/payable	(516)	992	3,630
Accounts receivable	(10,026)	(1,747)	7,842
Inventories	(6,329)	(1,806)	14,423
Other current assets	(247)	(707)	667
Accounts payable	21,759	26,890	(23,861)
Other liabilities	1,959	5,476	(642)
Net cash provided by operating activities	33,440	62,563	26,488
Investing Activities
Expenditures for property, plant and equipment	(7,374)	(6,002)	(6,171)
Acquisition of business	0	0	(413)
Proceeds from the sale of assets	21	77	41
Net cash used for investing activities	(7,353)	(5,925)	(6,543)
Financing Activities
Net additions (reductions) to revolving credit agreements	12,630	(19,651)	4,912
Cash dividends to NACCO Industries, Inc.	(38,000)	(42,000)	(15,000)
Financing fees paid	(70)	(186)	0
Net cash used for financing activities	(26,602)	(61,837)	(10,088)
Effect of exchange rate changes on cash	81	(259)	(46)
Cash and Cash Equivalents
Increase (decrease) for the year	(434)	(5,458)	9,811
Balance at the beginning of the year	11,340	16,798	6,987
Balance at the end of the year	10,906	11,340	16,798
Common Class A and B
Financing Activities
Cash dividends to NACCO Industries, Inc.	$ (1,162)	$ 0	$ 0

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Total Stockholders' Equity	Total Stockholders' EquityCommon Class A and B	Common StockClass A Common Stock	Common StockClass B Common Stock	Capital in Excess of Par Value	Retained Earnings	Retained EarningsCommon Class A and B	Foreign Currency Translation Adjustment	Deferred Gain (Loss) on Cash Flow Hedging	Pension Plan Adjustment
Balance, beginning of period at Dec. 31, 2014		$ 81,239		$ 0	$ 0	$ 75,031	$ 17,848		$ (3,789)	$ 326	$ (8,177)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 19,711	19,711					19,711
Cash dividends to NACCO Industries, Inc.		(15,000)					(15,000)
Current period other comprehensive (loss) income		(3,114)							(2,756)	399	(757)
Reclassification adjustment to net income		130								(382)	512
Balance, end of period at Dec. 31, 2015		82,966		0	0	75,031	22,559		(6,545)	343	(8,422)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	26,179	26,179					26,179
Cash dividends to NACCO Industries, Inc.		(42,000)					(42,000)
Current period other comprehensive (loss) income		(2,295)							(2,078)	168	(385)
Reclassification adjustment to net income		418								105	313
Balance, end of period at Dec. 31, 2016		65,268		0	0	75,031	6,738		(8,623)	616	(8,494)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	17,905	17,905					17,905
Issuance of common stock, net of conversions	$ 0			88	48	(136)
Cash dividends to NACCO Industries, Inc.		(38,000)	$ (1,162)			(27,122)	(10,878)	$ (1,162)
Current period other comprehensive (loss) income		1,450							689	(749)	(1,510)
Reclassification adjustment to net income		947								641	306
Balance, end of period at Dec. 31, 2017		$ 46,408		$ 88	$ 48	$ 47,773	$ 12,603		$ (7,934)	$ 508	$ (6,678)

Consolidated Statements of Equ9

Consolidated Statements of Equity (Parenthetical)	12 Months Ended
	Dec. 31, 2017$ / shares
Statement of Stockholders' Equity [Abstract]
Common stock dividends (in dollars per share)	$ 0.085

Principles of Consolidation and

Principles of Consolidation and Nature of Operations	12 Months Ended
	Dec. 31, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation and Nature of Operations	Principles of Consolidation and Nature of Operations The accompanying Consolidated Financial Statements include the accounts of Hamilton Beach Brands Holding Company ("Hamilton Beach Holding” or the “Company”). Hamilton Beach Holding is an operating holding company for two separate businesses. The Company includes the required intercompany eliminations between the two separate businesses and certain federal tax attributes. Costs incurred as a stand-alone public entity are allocated to the HBB segment. The only material assets held by Hamilton Beach Holding are its investments in consolidated subsidiaries, and substantially all of its cash flows are provided by dividends paid or distributions made by its subsidiaries. The Company's subsidiaries operate in the following principal industries: consumer, commercial and specialty small appliances and specialty retail. The Company manages its subsidiaries primarily by segment. Hamilton Beach Brands, Inc. (“HBB”) is a leading designer, marketer and distributor of small branded electric household and specialty housewares appliances as well as commercial products for restaurants, bars and hotels. The Kitchen Collection, LLC (“KC”) is a national specialty retailer of kitchenware operating under stores in outlet and traditional malls throughout the United States. On September 29, 2017, NACCO Industries, Inc. ("NACCO"), Hamilton Beach Holding's former parent company, spun-off the Company to NACCO stockholders. In the spin-off, NACCO stockholders, in addition to retaining their shares of NACCO common stock, received one share of Hamilton Beach Holding Class A common stock and one share of Hamilton Beach Holding Class B common stock for each share of NACCO Class A or Class B common stock. In accordance with applicable authoritative accounting guidance, the Company accounted for the spin-off from NACCO based on the historical carrying value of assets and liabilities. As a result of the distribution of one share of Hamilton Beach Holding Class A common stock and one share of Hamilton Beach Holding Class B common stock for each share of NACCO Class A or NACCO Class B common stock, the earnings per share amounts for the Company for periods prior to the spin-off have been calculated based upon the number of shares distributed in the spin-off. NACCO did not receive any proceeds from the spin-off.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies Use of Estimates: The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and judgments. These estimates and judgments affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities (if any) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Cash and Cash Equivalents: Cash and cash equivalents include cash in banks and highly liquid investments with original maturities of three months or less. Accounts Receivable, Net of Allowances: Allowances for doubtful accounts are maintained against accounts receivable for estimated losses resulting from the inability of customers to make required payments. These allowances are based on both recent trends of certain customers estimated to be a greater credit risk as well as general trends of the entire customer pool. Accounts are written off against the allowance when it becomes evident collection will not occur. Transfer of Financial Assets: The Company has entered into an arrangement with a financial institution to sell certain U.S. accounts receivable on a non-recourse basis. The Company utilizes this arrangement as an integral part of financing working capital. Under the terms of the agreement, the Company receives cash proceeds and retains no rights or interest and has no obligations with respect to the sold receivables. These transactions are accounted for as sales and result in a reduction in accounts receivable because the agreement transfers effective control over and risk related to the receivables to the buyer. Under this arrangement, the Company derecognized $164.0 million and $149.3 million of accounts receivable during 2017 and 2016, respectively. The loss incurred on sold receivables in the consolidated results of operations for the years ended December 31, 2017, 2016, and 2015 was not material. The Company does not carry any servicing assets or liabilities. Cash proceeds from this arrangement are reflected as operating activities. Inventories: HBB inventories are stated at the lower of cost or net realizable value. The first-in, first-out (“FIFO”) method is used for HBB's inventory. KC retail inventories are stated at the lower of cost or market using the retail inventory method. Adjustments to the carrying value are recorded for estimated obsolescence or excess inventory equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions. Long-Lived Assets: The Company periodically evaluates long-lived assets for impairment when changes in circumstances or the occurrence of certain events indicate the carrying amount of an asset may not be recoverable. Upon identification of indicators of impairment, the Company evaluates the carrying value of the asset by comparing the estimated future undiscounted cash flows generated from the use of the asset and its eventual disposition with the asset’s net carrying value. If the carrying value of an asset is considered impaired, an impairment charge is recorded for the amount that the carrying value of the long-lived asset exceeds its fair value. Fair value is estimated as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Property, Plant and Equipment, Net: Property, plant and equipment are initially recorded at cost. Depreciation and amortization are provided in amounts sufficient to amortize the cost of the assets, over their estimated useful lives generally using the straight-line method. Estimated lives for buildings are up to 40 years, and for machinery, equipment and furniture and fixtures range from three to seven years. Leasehold improvements are depreciated over the shorter of the estimated useful life or the term of the lease. The units-of-production method is used to amortize certain tooling for sourced products. Repairs and maintenance costs are generally expensed when incurred. Goodwill and Intangible Assets: Goodwill is tested for impairment as of October 1 of each year and may be tested more frequently if changes in circumstances or the occurrence of events indicates that a potential impairment exists. Using a qualitative assessment in the current year, we determined that it was not more-likely-than-not that the goodwill was impaired and a quantitative test for impairment was not required. Intangible assets with finite lives are amortized over their estimated useful lives, which represent the period over which the asset is expected to contribute directly or indirectly to future cash flows. Intangible assets with finite lives are reviewed for impairment whenever events and circumstances indicate the carrying value of such assets may not be recoverable and exceed their fair value. If an impairment loss exists, the carrying amount of the intangible asset is adjusted to a new cost basis. The new cost basis is amortized over the remaining useful life of the asset. As of December 31, 2017, 2016, and 2015, no impairment has been recognized on identifiable intangible assets or goodwill. Self-insurance Liabilities: The Company is generally self-insured for product liability, environmental liability, medical claims, and certain workers’ compensation claims. For product liability, catastrophic insurance coverage is retained for potentially significant individual claims. An estimated provision for claims reported and for claims incurred but not yet reported under the self-insurance programs is recorded and revised periodically based on industry trends, historical experience and management judgment. In addition, industry trends are considered within management's judgment for valuing claims. Changes in assumptions for such matters as legal judgments and settlements, inflation rates, medical costs and actual experience could cause estimates to change in the near term. Revenue Recognition: Revenues are recognized when title transfers and risk of loss passes to the customer. Revenues at HBB are recognized when customer orders are completed and shipped. Revenues at KC are recognized at the point of sale when payment is made and customers take possession of the merchandise in stores. HBB products are not sold with the right of return. Based on the Company’s historical experience, a portion of KC and HBB products sold are estimated to be returned due to reasons such as buyer remorse, duplicate gifts received, product failure and excess inventory stocked by the customer, which, subject to certain terms and conditions, the Company will agree to accept. The Company records estimated reductions to revenues at the time of the sale based upon this historical experience and the limited right of return provided to the Company’s customers. The Company also records estimated reductions to revenues for customer programs and incentive offerings, including special pricing agreements, price competition, promotions and other volume-based incentives. At HBB, revenues represent gross sales less cooperative advertising, other volume-based incentives, estimated returns and allowances. At KC, retail markdowns are incorporated into KC’s retail method of accounting for cost of sales. Advertising Costs: Advertising costs, except for direct response advertising, are expensed as incurred. Total advertising expense was $26.9 million , $22.7 million , and $21.8 million in 2017 , 2016 , and 2015 respectively. Included in these advertising costs are amounts related to cooperative advertising programs at HBB that are recorded as a reduction of revenues in the Consolidated Statements of Operations as related revenues are recognized. Direct response advertising, which consists primarily of costs to produce television commercials for HBB products, is capitalized and amortized over the expected period of future benefits. No assets related to direct response advertising were capitalized at December 31, 2017 , 2016 , or 2015. Product Development Costs: Expenses associated with the development of new products and changes to existing products are charged to expense as incurred. These costs amounted to $10.4 million , $9.7 million , and $9.6 million in 2017, 2016, and 2015, respectively. Shipping and Handling Costs: Shipping and handling costs billed to customers are recognized as revenue and shipping and handling costs incurred by the Company are included in cost of sales. Taxes Collected from Customers and Remitted to Governmental Authorities: The Company collects various taxes and fees as an agent in connection with the sale of products and remits these amounts to the respective taxing authorities. These taxes and fees have been presented on a net basis in the Consolidated Statements of Operations and are recorded as a liability until remitted to the respective taxing authority. Foreign Currency: Assets and liabilities of foreign operations are translated into U.S. dollars at the fiscal year-end exchange rate. The related translation adjustments are recorded as a separate component of stockholders’ equity. Revenues and expenses of all foreign operations are translated using average monthly exchange rates prevailing during the year. Financial Instruments and Derivative Financial Instruments: Financial instruments held by the Company include cash and cash equivalents, accounts receivable, accounts payable, revolving credit agreements, interest rate swap agreements and forward foreign currency exchange contracts. The Company does not hold or issue financial instruments or derivative financial instruments for trading purposes. The Company uses forward foreign currency exchange contracts to partially reduce risks related to transactions denominated in foreign currencies. The Company offsets fair value amounts related to foreign currency exchange contracts executed with the same counterparty. These contracts hedge firm commitments and forecasted transactions relating to cash flows associated with sales and purchases denominated in currencies other than the subsidiaries’ functional currencies. Changes in the fair value of forward foreign currency exchange contracts that are effective as hedges are recorded in Accumulated Other Comprehensive Income (Loss) (“AOCI”). Deferred gains or losses are reclassified from AOCI to the Consolidated Statements of Operations in the same period as the gains or losses from the underlying transactions are recorded and are generally recognized in cost of sales. The ineffective portion of derivatives that are classified as hedges is immediately recognized in earnings and generally recognized in cost of sales. The Company uses interest rate swap agreements to partially reduce risks related to floating rate financing agreements that are subject to changes in the market rate of interest. Terms of the interest rate swap agreements require the Company to receive a variable interest rate and pay a fixed interest rate. The Company’s interest rate swap agreements and its variable rate financings are predominately based upon LIBOR (London Interbank Offered Rate). Changes in the fair value of interest rate swap agreements that are effective as hedges are recorded in AOCI. Deferred gains or losses are reclassified from AOCI to the Consolidated Statements of Operations in the same period as the gains or losses from the underlying transactions are recorded and are generally recognized in interest expense. The ineffective portion of derivatives that are classified as hedges is immediately recognized in earnings and included on the line “Other, net, including interest income” in the “Other expense” section of the Consolidated Statements of Operations. Interest rate swap agreements and forward foreign currency exchange contracts held by the Company have been designated as hedges of forecasted cash flows. The Company does not currently hold any nonderivative instruments designated as hedges or any derivatives designated as fair value hedges. The Company periodically enters into foreign currency exchange contracts that do not meet the criteria for hedge accounting. These derivatives are used to reduce the Company’s exposure to foreign currency risk related to forecasted purchase or sales transactions or forecasted intercompany cash payments or settlements. Gains and losses on these derivatives are included on the line “Other, net, including interest income” in the “Other income (expense)” section of the Consolidated Statements of Operations. Cash flows from hedging activities are reported in the Consolidated Statements of Cash Flows in the same classification as the hedged item, generally as a component of cash flows from operations. See Note 7 for further discussion of derivative financial instruments. Fair Value Measurements: The Company accounts for the fair value measurement of its financial assets and liabilities in accordance with U.S. generally accepted accounting principles, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value hierarchy requires an entity to maximize the use of observable inputs, where available, and minimize the use of unobservable inputs when measuring fair value. Described below are the three levels of inputs that may be used to measure fair value: Level 1 - Quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2 - Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. Level 3 - Unobservable inputs are used when little or no market data is available. The hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement. See Note 8 for further discussion of fair value measurements. Accounting Standards Not Yet Adopted: The Company is an emerging growth company and has elected not to opt out of the extended transition period for complying with new or revised accounting standards, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company can adopt the new or revised standard at the time private companies adopt the new or revised standard. In May 2014, the FASB codified in ASC 606, "Revenue Recognition - Revenue from Contracts with Customers," which supersedes most current revenue recognition guidance, including industry-specific guidance, and requires an entity to recognize revenue in an amount that reflects the consideration to which the entity expects to be entitled in exchange for transferring goods or services to customers and provide additional disclosures. The effective date for nonpublic entities is annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. Early adoption is permitted. The Company will adopt the standard on January 1, 2018. The Company will use the modified retrospective method with the cumulative effect of initially applying the standard recognized as an adjustment to equity. The Company completed the execution of its project plan with respect to its implementation of this standard, including identification of revenue streams and review of contracts and procedures currently in place. Hamilton Beach Holding’s revenue is primarily generated from the sale of finished product to customers. Those sales are recognized at a single point in time when ownership, risks and rewards transfer. The amount and timing of revenue recognition is not materially impacted by the new standard, thus no cumulative adjustment will be recognized upon adoption. As the amount and timing of revenue recognition is not materially impacted by the new standard, the adoption of the standard is not expected to have a material impact to the Company’s financial position, results of operations or cash flows. The adoption of this guidance will result in increased disclosures to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)," which requires an entity to recognize assets and liabilities for the rights and obligations created by leased assets. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-02 for its fiscal year ending December 31, 2020 and is currently evaluating to what extent ASU 2016-02 will affect the Company's financial position, results of operations, cash flows and related disclosures. In February 2018, the FASB issued ASU 2018-02, "Income Statement - Reporting Comprehensive Income (Topic 220)". The guidance in ASU 2018-02 allows an entity to elect to reclassify the stranded tax effects related to the Tax Cuts and Jobs Act (the "Tax Act") of 2017 from accumulated other comprehensive income into retained earnings. ASU 2018-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating when it will adopt ASU 2018-02 and how and to what extent ASU 2018-02 will affect the Company's financial position, results of operations, cash flows and related disclosures.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are summarized as follows: December 31 2017 2016 Sourced inventories - HBB $ 111,493 $ 95,008 Retail inventories - KC 23,251 33,407 Total inventories $ 134,744 $ 128,415

Property, Plant and Equipment,

Property, Plant and Equipment, Net	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment, Net	Property, Plant and Equipment, Net Property, plant and equipment, net includes the following: December 31 2017 2016 Real estate: HBB $ 226 $ 226 Plant and equipment: HBB 59,024 53,495 KC 25,560 25,149 84,584 78,644 Property, plant and equipment, at cost 84,810 78,870 Less allowances for depreciation and amortization 65,727 62,927 $ 19,083 $ 15,943 Total depreciation and amortization expense on property, plant and equipment was $4.2 million , $4.8 million , and $4.9 million during 2017 , 2016 , and 2015, respectively.

Intangible Assets

Intangible Assets	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	Intangible Assets Intangible assets other than goodwill, which are subject to amortization, consist of the following: Gross Carrying Accumulated Net Balance at December 31, 2017 HBB: Customer relationships $ 5,760 $ (2,920 ) $ 2,840 Trademarks 3,100 (608 ) 2,492 Other intangibles 1,240 (672 ) 568 $ 10,100 $ (4,200 ) $ 5,900 Balance at December 31, 2016 HBB: Customer relationships $ 5,760 $ (1,960 ) $ 3,800 Trademarks 3,100 (408 ) 2,692 Other intangibles 1,240 (450 ) 790 $ 10,100 $ (2,818 ) $ 7,282 Amortization expense for intangible assets was $1.4 million in 2017 , 2016 and 2015. Expected annual amortization expense of HBB's intangible assets for the next five years is $1.4 million in years 2018 through 2019, $1.2 million in 2020, $0.2 million in 2021, and $0.2 million in 2022. The weighted average amortization period for HBB's intangible assets is approximately 8.9 years.

Current and Long-Term Financing

Current and Long-Term Financing	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Current and Long-Term Financing	Current and Long-Term Financing Financing arrangements are obtained and maintained at the subsidiary level. Hamilton Beach Holdings has not guaranteed any borrowings of its subsidiaries. The following table summarizes the Company's available and outstanding borrowings: December 31 2017 2016 Total outstanding borrowings: Revolving credit agreements — HBB $ 51,346 $ 37,917 Other debt — HBB — 797 Total debt outstanding $ 51,346 $ 38,714 Current portion of borrowings outstanding - HBB 31,346 12,714 Long-term portion of borrowings outstanding - HBB 20,000 26,000 Total available borrowings, net of limitations, under revolving credit agreements: HBB 111,078 112,975 KC 13,589 20,525 $ 124,667 $ 133,500 Unused revolving credit agreements: HBB 59,732 75,058 KC 13,589 20,525 $ 73,321 $ 95,583 Weighted average stated interest rate on total borrowings - HBB 3.82 % 2.26 % Weighted average effective interest rate on total borrowings (including interest rate swap - HBB agreements) 3.83 % 2.67 % Including swap settlements, interest paid on total debt was $1.6 million , $1.4 million , and $1.8 million during 2017 , 2016 , and 2015, respectively. Interest capitalized was $0.2 million in 2017 and less than $0.1 million in 2016 and 2015. HBB: HBB has a $115.0 million senior secured floating-rate revolving credit facility (the “HBB Facility”) that expires in June 2021. The obligations under the HBB Facility are secured by substantially all of HBB's assets. The approximate book value of HBB's assets held as collateral under the HBB Facility was $281.0 million as of December 31, 2017 . The maximum availability under the HBB Facility is governed by a borrowing base derived from advance rates against eligible accounts receivable, inventory and trademarks of the borrowers, as defined in the HBB Facility. Adjustments to reserves booked against these assets, including inventory reserves, will change the eligible borrowing base and thereby impact the liquidity provided by the HBB Facility. A portion of the availability is denominated in Canadian dollars to provide funding to HBB's Canadian subsidiary. Borrowings bear interest at a floating rate, which can be a base rate, LIBOR or bankers' acceptance rate, as defined in the HBB Facility, plus an applicable margin. The applicable margins, effective December 31, 2017 , for base rate loans and LIBOR loans denominated in U.S. dollars were 0.00% and 1.50% , respectively. The applicable margins, effective December 31, 2017 , for base rate loans and bankers' acceptance loans denominated in Canadian dollars were 0.00% and 1.50% , respectively. The HBB Facility also requires a fee of 0.25% per annum on the unused commitment. The margins and unused commitment fee under the HBB Facility are subject to quarterly adjustment based on average excess availability. The HBB Facility includes restrictive covenants, which, among other things, limit the payment of dividends to Hamilton Beach Holding, subject to achieving availability thresholds. HBB declared and paid a $35 million dividend to Hamilton Beach Holding which was subsequently paid to NACCO prior to the spin-off in September 2017, which under Amendment No. 5 to the HBB Facility, has been excluded from the covenants. Other than the $35 million dividend in September 2017, dividends to Hamilton Beach Holding are discretionary to the extent that for the thirty days prior to the dividend payment date, and after giving effect to the dividend payment, HBB maintains excess availability of not less than $25.0 million . The HBB Facility also requires HBB to achieve a minimum fixed charge coverage ratio in certain circumstances, as defined in the HBB Facility. At December 31, 2017, HBB was in compliance with all financial covenants in the HBB Facility. KC: KC has a $20.0 million secured revolving line of credit that expires in October 2022 (the “KC Facility”). The obligations under the KC Facility are secured by substantially all assets of KC. The approximate book value of KC's assets held as collateral under the KC Facility was $43.4 million as of December 31, 2017. The maximum availability under the KC Facility is derived from a borrowing base formula using KC's eligible inventory and eligible credit card accounts receivable, as defined in the KC Facility. Borrowings bear interest at a floating rate plus a margin based on the excess availability under the agreement, as defined in the KC Facility, which can be either a base rate plus a margin of 0.75% or LIBOR plus a margin of 1.75% as of December 31, 2017. The KC Facility also requires a fee of 0.25% per annum on the unused commitment. The KC Facility allows for the payment of dividends to Hamilton Beach Holding, subject to certain restrictions based on availability and meeting a fixed charge coverage ratio as described in the KC Facility. Dividends are limited to (i) $6.0 million in any twelve -month period, so long as KC has excess availability, as defined in the KC Facility, of at least $5.0 million after giving effect to such payment and maintaining a minimum fixed charge coverage ratio of 1.1 to 1.0, as defined in the KC Facility; (ii) $2.0 million in any twelve -month period, so long as KC has excess availability, as defined in the KC Facility, of at least $5.0 million after giving effect to such payment and (iii) in such amounts as determined by KC, so long as KC has excess availability under the KC Facility of $10.0 million after giving effect to such payment. At December 31, 2017, KC was in compliance with all financial covenants in the KC Facility.

Derivative Financial Instrument

Derivative Financial Instruments	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Financial Instruments	Derivative Financial Instruments The Company measures its derivatives at fair value using significant observable inputs, which is Level 2 as defined in the fair value hierarchy. The Company uses a present value technique that incorporates the LIBOR swap curve, foreign currency spot rates and foreign currency forward rates to value its derivatives, including its interest rate swap agreements and foreign currency exchange contracts, and also incorporates the effect of its subsidiary and counterparty credit risk into the valuation. Foreign Currency Derivatives : HBB held forward foreign currency exchange contracts with total notional amounts of $11.7 million and $9.0 million at December 31, 2017 , and 2016 , respectively, denominated primarily in Canadian dollars and Mexican pesos. The fair value of these contracts approximated a net receivable of $0.2 million and $0.1 million at December 31, 2017 and 2016 , respectively. Forward foreign currency exchange contracts that qualify for hedge accounting are used to hedge transactions expected to occur within the next twelve months. The mark-to-market effect of forward foreign currency exchange contracts that are considered effective as hedges has been included in AOCI. Interest Rate Derivatives : HBB has interest rate swaps that hedge interest payments on its one-month LIBOR borrowings. All swaps have been designated as cash flow hedges. The following table summarizes the notional amounts, related rates and remaining terms of interest rate swap agreements active and delayed at December 31 in millions: Notional Amount Average Fixed Rate Remaining Term at 2017 2016 2017 2016 December 31, 2017 HBB - Interest rate swaps $ 20.0 $ 20.0 1.4 % 1.4 % Extending to January 2020 HBB - Delayed start interest rate swaps $ 15.0 $ 15.0 1.6 % 1.6 % Extending to January 2024 HBB - Delayed start interest rate swaps $ 10.0 $ 10.0 1.7 % 1.7 % Extending to January 2024 The fair value of HBB's interest rate swap agreements was a net receivable of $0.9 million at December 31, 2017 and a net receivable of $0.8 million at December 31, 2016 . The mark-to-market effect of interest rate swap agreements that are considered effective as hedges has been included in AOCI. The interest rate swap agreements held by HBB on December 31, 2017 are expected to continue to be effective as hedges. The following table summarizes the fair value of derivative instruments at December 31 as recorded in the Consolidated Balance Sheets: Asset Derivatives Liability Derivatives Balance sheet location 2017 2016 Balance sheet location 2017 2016 Derivatives designated as hedging instruments Interest rate swap agreements Current Prepaid expenses and other $ 109 $ 14 Other current liabilities $ — $ — Long-term Other non-current assets 785 760 Other long-term liabilities — — Foreign currency exchange contracts Current Prepaid expenses and other 245 147 Other current liabilities 93 — Total derivatives $ 1,139 $ 921 $ 93 $ —

Fair Value Disclosure

Fair Value Disclosure	12 Months Ended
	Dec. 31, 2017
Fair Value Disclosures [Abstract]
Fair Value Disclosure	Fair Value Disclosure Recurring Fair Value Measurements : The Company uses significant other observable inputs to value derivative instruments used to hedge foreign currency and interest rate risk; therefore, they are classified within Level 2 of the valuation hierarchy. The fair value for these contracts is determined based on exchange rates and interest rates, respectively. See Note 7 for further discussion of the Company’s derivative financial instruments. There were no transfers into or out of Levels 1, 2 or 3 during the years ended December 31, 2017 and 2016. Other Fair Value Measurement Disclosures: The carrying amounts of cash and cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturities of these instruments. The fair values of revolving credit agreements were determined using current rates offered for similar obligations taking into account subsidiary credit risk, which is Level 2 as defined in the fair value hierarchy. Financial instruments that potentially subject the Company to concentration of credit risk consist principally of accounts receivable and derivatives. HBB maintains significant accounts receivable balances with several large retail customers. At December 31, 2017 and 2016, receivables from HBB’s five largest customers represented 61.5% and 63.0% , respectively, of the Company’s consolidated net accounts receivable. HBB’s significant credit concentration is uncollateralized; however, historically minimal credit losses have been incurred. To further reduce credit risk associated with accounts receivable, the Company performs periodic credit evaluations of its customers, but does not generally require advance payments or collateral. The Company enters into derivative contracts with high-quality financial institutions and limits the amount of credit exposure to any one institution. See Note 7 for further discussion of the Company’s derivative financial instruments.

Leasing Arrangements

Leasing Arrangements	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Leasing Arrangements	Leasing Arrangements The Company leases certain office and warehouse facilities, retail stores and machinery and equipment under noncancellable operating leases that expire at various dates through 2031. Many leases include renewal and/or fair value purchase options. Future minimum operating lease payments at December 31, 2017 are: Operating Leases 2018 $ 23,633 2019 17,781 2020 14,267 2021 9,287 2022 5,709 Subsequent to 2022 20,273 Total minimum lease payments $ 90,950 Rental expense for all operating leases was $25.0 million , $25.9 million , and $26.0 million in 2017 , 2016 , and 2015, respectively. The Company also recognized $0.4 million in 2017 , 2016 , and 2015, respectively for rental income on subleases of equipment and buildings under operating leases in which it was the lessee.

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Various legal and regulatory proceedings and claims have been or may be asserted against Hamilton Beach Holding and certain subsidiaries relating to the conduct of their businesses, including product liability, patent infringement, asbestos related claims, environmental and other claims. These proceedings and claims are incidental to the ordinary course of business of the Company. Management believes that it has meritorious defenses and will vigorously defend the Company in these actions. Any costs that management estimates will be paid as a result of these claims are accrued when the liability is considered probable and the amount can be reasonably estimated. If a range of amounts can be reasonably estimated and no amount within the range is a better estimate than any other amount, then the minimum of the range is accrued. The Company does not accrue liabilities when the likelihood that the liability has been incurred is probable but the amount cannot be reasonably estimated or when the liability is believed to be only reasonably possible or remote. For contingencies where an unfavorable outcome is probable or reasonably possible and which are material, the Company discloses the nature of the contingency and, in some circumstances, an estimate of the possible loss. These matters are subject to inherent uncertainties, and unfavorable rulings could occur. If an unfavorable ruling were to occur, there exists the possibility of an adverse impact on the Company’s financial position, results of operations and cash flows of the period in which the ruling occurs, or in future periods. Environmental matters HBB is investigating or remediating historical environmental contamination at some current and former sites operated by HBB or by businesses it acquired. Based on the current stage of the investigation or remediation at each known site, HBB estimates the total investigation and remediation costs and the period of assessment and remediation activity required for each site. The estimate of future investigation and remediation costs is primarily based on variables associated with site clean-up, including, but not limited to, physical characteristics of the site, the nature and extent of the contamination and applicable regulatory programs and remediation standards. No assessment can fully characterize all subsurface conditions at a site. There is no assurance that additional assessment and remediation efforts will not result in adjustments to estimated remediation costs or the time frame for remediation at these sites. HBB's estimates of investigation and remediation costs may change if it discovers contamination at additional sites or additional contamination at known sites, if the effectiveness of its current remediation efforts change, if applicable federal or state regulations change or if HBB's estimate of the time required to remediate the sites changes. HBB's revised estimates may differ materially from original estimates. At December 31, 2017 and 2016, HBB had accrued undiscounted obligations of $8.9 million and $8.7 million , respectively, for environmental investigation and remediation activities at these sites. In addition, HBB estimates that it is reasonably possible that it may incur additional expenses in the range of zero to $5.3 million related to the environmental investigation and remediation at these sites. During 2015, HBB recorded $1.5 million in “Selling, general and administrative expenses” in the Consolidated Statement of Operations for environmental investigation and remediation at HBB’s Picton, Ontario facility as a result of environmental studies.

Stockholders' Equity and Earnin

Stockholders' Equity and Earnings Per Share	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Stockholders' Equity and Earnings Per Share	Stockholders' Equity and Earnings Per Share Capital Stock: The authorized capital stock of the Company consists of Class A Common, Class B Common and one series of Preferred stock. Voting, dividend, conversion and liquidation rights of the Preferred stock would be established by the Board upon issuance of such preferred stock. Hamilton Beach Holding Class A common stock is traded on the New York Stock Exchange under the ticker symbol “HBB.” Because of transfer restrictions on Class B Common, no trading market has developed, or is expected to develop, for the Company's Class B Common. Subject to the rights of the holders of any series of preferred stock, each share of the Company's Class A Common will entitle the holder of the share to one vote on all matters submitted to stockholders, and each share of the Company's Class B Common will entitle the holder of the share to ten votes on all such matters. Subject to the rights of the preferred stockholders, each share of Class A Common and Class B Common will be equal in respect of rights to dividends, except that in the case of dividends payable in stock, only Class A Common will be distributed with respect to Class A Common and only Class B Common will be distributed with respect to Class B Common. As the liquidation and dividend rights are identical, any distribution of earnings would be allocated to Class A and Class B stockholders on a proportionate basis, and accordingly the net income per share for each class of common stock is identical. Amounts Reclassified out of Accumulated Other Comprehensive Income: The following table summarizes the amounts reclassified out of AOCI and recognized in the Consolidated Statements of Operations: Amount reclassified from AOCI Details about AOCI components 2017 2016 2015 Location of loss (gain) reclassified from AOCI into income (In thousands) Loss (gain) on cash flow hedging Foreign exchange contracts $ 853 $ (11 ) $ (860 ) Cost of sales Interest rate contracts 63 183 243 Interest expense 916 172 (617 ) Total before income tax expense (benefit) Tax effect (275 ) (67 ) 235 Income tax (benefit) expense $ 641 $ 105 $ (382 ) Net of tax Pension plan Actuarial loss $ 511 $ 508 $ 748 (a) Tax effect (205 ) (195 ) (236 ) Income tax benefit $ 306 $ 313 $ 512 Net of tax Total reclassifications for the period $ 947 $ 418 $ 130 Net of tax (a) These AOCI components are included in the computation of pension expense. See Note 13 for a discussion of the Company's pension expense. Earnings per share: Basic income per common share has been computed by dividing net income by the weighted-average number of shares of the Company’s common stock outstanding. Diluted income per common share adjusts common stock outstanding for the effect of all potentially dilutive shares of the Company’s common stock. The weighted average number of shares of Class A common stock and Class B common stock outstanding used to calculate basic and diluted earnings per share were as follows: 2017 2016 2015 Basic weighted average shares outstanding (1) 13,673 13,673 13,673 Dilutive effect of outstanding restricted stock awards 12 — — Diluted weighted average shares outstanding (1) 13,685 13,673 13,673 Basic earnings per share (1) $ 1.31 $ 1.91 $ 1.44 Diluted earnings per share (1) $ 1.31 $ 1.91 $ 1.44 (1) On September 29, 2017, NACCO, Hamilton Beach Holding's former parent company, spun-off the Company to NACCO stockholders. In the spin-off, NACCO stockholders, in addition to retaining their shares of NACCO common stock, received one share of Hamilton Beach Holding Class A common stock and one share of Hamilton Beach Holding Class B common stock for each share of NACCO Class A or Class B common stock. The basic and diluted earnings per share amounts for the Company have been calculated based upon the number of shares distributed in the spin-off for all periods prior to the spin-off.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The components of income before income tax provision and the income tax provision for the years ended December 31 are as follows: 2017 2016 2015 Income before income tax provision Domestic $ 31,328 $ 39,136 $ 31,277 Foreign 4,749 2,027 759 $ 36,077 $ 41,163 $ 32,036 Income tax provision Current income tax provision: Federal $ 11,484 $ 12,140 $ 10,953 State 1,381 501 1,908 Foreign 1,365 556 1,143 Total current 14,230 13,197 14,004 Deferred income tax provision (benefit): Federal 4,122 1,458 (1,242 ) State (437 ) 239 (43 ) Foreign 257 90 (394 ) Total deferred 3,942 1,787 (1,679 ) $ 18,172 $ 14,984 $ 12,325 A portion of Hamilton Beach Holding's U.S. operating results will be included in the consolidated federal income tax return filed by NACCO. The Company's allocation of taxes through the spin-off date will be in accordance with the Tax Allocation Agreement. In general, the Tax Allocation Agreement between the Company and NACCO provides that federal income taxes are computed by the Company as if it had filed a tax return on a standalone basis calculated using the separate return method. Subsequent to the spin-off, the Company will file a separate federal tax return in the U.S. for the period subsequent to the spin-off date. The Company made net federal income tax payments of $9.9 million , $11.0 million , and $7.9 million during 2017, 2016, and 2015, respectively, to NACCO as a member of the consolidated income tax return. The Company made foreign and state income tax payments of $1.9 million , $2.8 million , and $1.9 million during 2017, 2016, and 2015, respectively. During the same periods, income tax refunds totaled $0.0 million , $0.6 million , and $0.1 million , respectively. A reconciliation of the federal statutory and effective income tax rate for the years ended December 31 is as follows: 2017 2016 2015 Income before income tax provision $ 36,077 $ 41,163 $ 32,036 Statutory taxes at 35.0% $ 12,627 $ 14,407 $ 11,212 State and local income taxes 901 1,019 540 Provisional effect of the Tax Act 4,654 — — Non-deductible spin-related costs 540 — — Other non-deductible expenses 411 414 364 Valuation allowances 369 170 606 Other, net (1,330 ) (1,026 ) (397 ) Income tax provision $ 18,172 $ 14,984 $ 12,325 Effective income tax rate 50.4 % 36.4 % 38.5 % A detailed summary of the total deferred tax assets and liabilities in the Company's Consolidated Balance Sheets resulting from differences in the book and tax basis of assets and liabilities follows: December 31 2017 2016 Deferred tax assets Tax carryforwards $ 5,034 $ 2,610 Inventories 207 421 Depreciation and amortization 716 1,841 Accrued expenses and reserves 6,929 9,423 Other employee benefits 3,238 5,321 Other 696 1,454 Total deferred tax assets 16,820 21,070 Less: Valuation allowance 1,916 1,614 14,904 19,456 Deferred tax liabilities Accrued pension benefits 2,079 1,609 Unremitted foreign earnings — 343 Total deferred tax liabilities 2,079 1,952 Net deferred asset $ 12,825 $ 17,504 The following table summarizes the tax carryforwards and associated carryforward periods and related valuation allowances where the Company has determined that realization is uncertain: December 31, 2017 Net deferred tax asset Valuation allowance Carryforwards expire during: Alternative minimum tax credit $ 2,429 $ — (1) Non-U.S. net operating loss 1,658 1,658 2018 - Indefinite State losses 1,198 — 2020 - 2035 Total $ 5,285 $ 1,658 December 31, 2016 Net deferred tax asset Valuation allowance Carryforwards expire during: Non-U.S. net operating loss $ 1,376 $ 1,376 2018 - Indefinite State losses 1,053 — 2020 - 2035 Research credit 547 — 2028 - 2030 Total $ 2,976 $ 1,376 (1) The Tax Act repealed the corporate alternative minimum tax for tax years beginning after December 31, 2017. This credit is refundable in 2021, if not fully utilized prior to 2021. The Company evaluates its deferred tax assets to determine if a valuation allowance is required based on the consideration of all available evidence, both positive and negative, using a “more likely than not” standard. A valuation allowance is required where realization is determined to no longer meet the “more likely than not” standard. The establishment of a valuation allowance does not have an impact on cash, nor does such an allowance preclude the Company from using its loss carryforwards or other deferred tax assets in future periods. The Company has a valuation allowance for certain foreign deferred tax assets. Based upon the review of historical earnings and the relevant expiration of carryforwards, the Company believes the valuation allowances are appropriate and does not expect to release valuation allowances within the next twelve months that would have a significant effect on the Company’s financial position or results of operations. Furthermore, the Company considers the necessity of valuation allowance application to state loss carryforwards and believes sufficient positive evidence exists for future profitability of the Company, including available tax strategies as necessary, to realize the benefit of losses in the future. On December 22, 2017, the U.S. federal government enacted the Tax Act, which significantly revises U.S. tax law. The Tax Act will positively impact the Company’s future effective income tax rate due to the reduction of the U.S. federal corporate tax rate from 35 percent to 21 percent, effective January 1, 2018. In addition to the reduction in the U.S. federal corporate tax rate mentioned above, other significant changes to existing tax law include (1) a deduction received on dividends of foreign earnings with a related tax for the deemed repatriation of unremitted foreign earnings; (2) limitations on the deductibility of certain executive compensation for publicly traded companies; (3) accelerated expensing of capital investment, subject to phase out beginning in 2023; (4) a new limitation on deductible interest expense; and (5) a new U.S. minimum tax on earnings of foreign subsidiaries. Subsequent to the enactment of the Tax Act, the SEC staff issued Staff Accounting Bulletin 118 (“SAB 118”), which provides a measurement period of up to one year after the enactment date for companies to finalize the recognition of the income tax effects of the Tax Act. As a result of the Tax Act and pursuant to SAB 118, the Company recorded a provisional net tax charge of $4.7 million in the period ending December 31, 2017. Included in the provisional income tax charge is $4.1 million for the remeasurement of U.S. deferred tax assets and liabilities resulting from the reduction in the U.S. federal corporate tax rate from 35% to 21%, $0.4 million related to executive compensation that may not be deductible when paid in future periods, and $0.2 million related to the net estimated income tax on deemed repatriation of foreign earnings. The Company has computed the provisional income tax charge based on information available; however, there is still uncertainty as to the application of the Tax Act, in particular as it relates to state income taxes. Further, management has not yet completed the analysis of the components of the computation, including the amount of foreign earnings subject to U.S. income tax, and the portion of foreign earnings held in cash or other specified assets. As the Company completes the analysis of the Tax Act in 2018, it may make adjustments to the provisional amounts, which may impact the provision for income taxes in the period in which the adjustments are made. The ultimate impact of the Tax Act may differ from these provisional amounts due to, among other things, additional analysis, changes in interpretations and assumptions, additional regulatory guidance that may be issued, and the computation of state income taxes as there is uncertainty on conformity to the U.S. federal tax system following the Tax Act. As of December 31, 2017, the cumulative unremitted earnings of the Company's foreign subsidiaries are approximately $19.6 million . In consideration of the Tax Act, the Company has no longer provided a deferred tax liability with respect to the cumulative unremitted earnings. The Company has recorded a provisional estimate of the tax impact for the unremitted earnings as allowed under the Tax Act, a portion of which is classified in Other long-term liabilities in the Consolidated Balance Sheets as the Company intends to elect to make payments over eight years. The Company continues to conclude all material entities’ foreign earnings will be indefinitely reinvested in its foreign operations and will remain offshore in order to meet the capital and business needs outside of the U.S. The tax returns of NACCO, the Company and certain of its subsidiaries are under routine examination by various taxing authorities. The Company has not been informed of any material assessment for which an accrual has not been previously provided and the Company would vigorously contest any material assessment. Management believes any potential assessment would not materially affect the Company’s financial condition or results of operations. The following is a reconciliation of the Company's total gross unrecognized tax benefits, defined as the aggregate tax effect of differences between tax return positions and the benefits recognized in the financial statements for the years ended December 31, 2017, 2016, and 2015. Approximately $0.6 million , $0.4 million , and $0.8 million of these gross amounts as of December 31, 2017, 2016, and 2015, respectively, relate to permanent items that, if recognized, would impact the effective income tax rate. This amount differs from the gross unrecognized tax benefits presented in the table below due to the decrease in U.S. federal income taxes which would occur upon the recognition of the state tax benefits included herein. 2017 2016 2015 Balance at January 1 $ 671 $ 1,199 $ 180 Additions based on tax positions related to prior years — 167 1,119 Additions based on tax positions related to the current year 210 165 — Reductions due to settlements with taxing authorities — (860 ) — Reductions due to lapse of the applicable statute of limitations — — (100 ) Balance at December 31 $ 881 $ 671 $ 1,199 The Company records interest and penalties on uncertain tax positions as a component of the income tax provision. The Company recorded immaterial amounts of interest and penalties as of December 31, 2017 and 2016, respectively. The Company expects the amount of unrecognized tax benefits will change within the next 12 months; however, the change in unrecognized tax benefits, which is reasonably possible within the next 12 months, is not expected to have a significant effect on the Company's financial position, results of operations or cash flows. In general, the Company operates in taxing jurisdictions that provide a statute of limitations period ranging from three to five years for the taxing authorities to review the applicable tax filings. The examination of NACCO's 2013-2015 U.S. federal tax returns is ongoing. In addition, the Company does not have any material taxing jurisdictions in which the statute of limitations has been extended beyond the applicable time frame allowed by law.

Retirement Benefit Plans

Retirement Benefit Plans	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
Retirement Benefit Plans	Retirement Benefit Plans Defined Benefit Plans: The Company maintains two defined benefit pension plans that provide benefits based on years of service and average compensation during certain periods. All eligible employees of the Company, including employees whose pension benefits are frozen, receive retirement benefits under defined contribution retirement plans. The assumptions used in accounting for the defined benefit plans were as follows for the years ended December 31 : 2017 2016 2015 U.S. Plans Discount rate for pension benefit obligation 3.30 % 3.60 % 3.70 % Discount rate for net periodic benefit cost 3.60 % 3.70 % 3.45 % Expected long-term rate of return on assets for net periodic benefit (income) expense 7.50 % 7.50 % 7.75 % Non-U.S. Plan Discount rate for pension benefit obligation 3.25 % 3.75 % 4.00 % Discount rate for net periodic benefit cost 3.75 % 4.00 % 3.75 % Expected long-term rate of return on assets for net periodic benefit (income) expense 5.50 % 5.50 % 5.75 % Set forth below is a detail of the net periodic pension expense (income) for the defined benefit plans for the years ended December 31 : 2017 2016 2015 U.S. Plans Interest cost $ 811 $ 875 $ 914 Expected return on plan assets (2,074 ) (2,071 ) (2,159 ) Amortization of actuarial loss 501 495 564 Net periodic pension income $ (762 ) $ (701 ) $ (681 ) Non-U.S. Plan Interest cost $ 153 $ 144 $ 152 Expected return on plan assets (264 ) (248 ) (272 ) Amortization of actuarial loss 10 13 146 Settlements — — 37 Net periodic pension (income) expense $ (101 ) $ (91 ) $ 63 Set forth below is the detail of other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) for the years ended December 31 : 2017 2016 2015 U.S. Plans Current year actuarial loss (gain) $ (2,506 ) $ 243 $ 1,373 Amortization of actuarial loss (501 ) (495 ) (564 ) Total recognized in other comprehensive (income) loss $ (3,007 ) $ (252 ) $ 809 Non-U.S. Plan Current year actuarial loss (gain) $ 60 $ 318 $ (128 ) Amortization of actuarial loss (10 ) (13 ) (146 ) Settlements — — (37 ) Total recognized in other comprehensive loss (income) $ 50 $ 305 $ (311 ) The following table sets forth the changes in the benefit obligation and the plan assets during the year and the funded status of the defined benefit plans at December 31 : 2017 2016 U.S. Plan Non-U.S. Plan U.S. Plan Non-U.S. Plan Change in benefit obligation Projected benefit obligation at beginning of year $ 23,651 $ 4,021 $ 24,932 $ 3,519 Interest cost 811 153 875 144 Actuarial loss (gain) (521 ) 291 11 430 Benefits paid (2,225 ) (153 ) (2,167 ) (176 ) Foreign currency exchange rate changes — 292 — 104 Projected benefit obligation at end of year $ 21,716 $ 4,604 $ 23,651 $ 4,021 Accumulated benefit obligation at end of year $ 21,716 $ 4,604 $ 23,651 $ 4,021 Change in plan assets Fair value of plan assets at beginning of year $ 27,402 $ 4,712 $ 27,730 $ 4,383 Actual return on plan assets 4,060 497 1,839 356 Employer contributions — 55 — 17 Benefits paid (2,225 ) (153 ) (2,167 ) (176 ) Foreign currency exchange rate changes — 345 — 132 Fair value of plan assets at end of year $ 29,237 $ 5,456 $ 27,402 $ 4,712 Funded status at end of year $ 7,521 $ 852 $ 3,751 $ 691 Amounts recognized in the balance sheets consist of: Noncurrent assets $ 7,521 $ 852 $ 3,751 $ 691 Components of accumulated other comprehensive loss (income) consist of: Actuarial (gain) loss $ (9,703 ) $ (1,033 ) $ 12,712 $ 1,029 Deferred taxes 3,687 327 (4,830 ) (327 ) Currency differences — 44 — (89 ) $ (6,016 ) $ (662 ) $ 7,882 $ 613 The actuarial loss included in accumulated other comprehensive income (loss) expected to be recognized in net periodic pension (income) expense in 2018 is $0.7 million ( $0.5 million net of tax). The Company recognizes as a component of benefit cost (income), as of the measurement date, any unrecognized actuarial net gains or losses that exceed 10% of the larger of the projected benefit obligations or the plan assets, defined as the "corridor." Amounts outside the corridor are amortized over the average expected remaining lifetime of inactive participants for the pension plans. The (gain) loss amounts recognized in AOCI are not expected to be fully recognized until the plan is terminated or as settlements occur, which would trigger accelerated recognition. The Company's policy is to make contributions to fund its pension plans within the range allowed by applicable regulations. The Company does not expect to contribute to its U.S. and non-U.S. pension plans in 2018 . Pension benefit payments are made from assets of the pension plans. Future pension benefit payments expected to be paid from assets of the pension plans are: U.S. Plan Non-U.S. Plan 2018 $ 2,152 $ 181 2019 1,961 189 2020 2,184 200 2021 1,923 213 2022 1,810 254 2023 - 2027 7,509 1,292 $ 17,539 $ 2,329 The expected long-term rate of return on defined benefit plan assets reflects management's expectations of long-term rates of return on funds invested to provide for benefits included in the projected benefit obligations. In establishing the expected long-term rate of return assumption for plan assets, the Company considers the historical rates of return over a period of time that is consistent with the long-term nature of the underlying obligations of these plans as well as a forward-looking rate of return. The historical and forward-looking rates of return for each of the asset classes used to determine the Company's estimated rate of return assumption were based upon the rates of return earned or expected to be earned by investments in the equivalent benchmark market indices for each of the asset classes. Expected returns for U.S. pension plans are based on a calculated market-related value for U.S. pension plan assets. Under this methodology, asset gains and losses resulting from actual returns that differ from the Company's expected returns are recognized in the market-related value of assets ratably over three years. Expected returns for Non-U.S. pension plans are based on fair market value for Non-U.S. pension plan assets. The pension plans maintain investment policies that, among other things, establish a portfolio asset allocation methodology with percentage allocation bands for individual asset classes. The investment policies provide that investments are reallocated between asset classes as balances exceed or fall below the appropriate allocation bands. The following is the actual allocation percentage and target allocation percentage for the U.S. pension plan assets at December 31: 2017 2016 Target Allocation Range U.S. equity securities 45.8 % 45.2 % 36.0% - 54.0% Non-U.S. equity securities 20.5 % 19.7 % 16.0% - 24.0% Fixed income securities 32.9 % 33.8 % 30.0% - 40.0% Money market 0.8 % 1.3 % 0.0% - 10.0% The following is the actual allocation percentage and target allocation percentage for the Non-U.S. pension plan assets at December 31: 2017 2016 Target Allocation Range Canadian equity securities 33.6 % 32.7 % 25.0% - 35.0% Non-Canadian equity securities 34.3 % 32.1 % 25.0% - 35.0% Fixed income securities 32.1 % 35.2 % 30.0% - 50.0% Cash and cash equivalents — % — % 0.0% - 5.0% The fair value of each major category of the Company's U.S. pension plan assets are valued using quoted market prices in active markets for identical assets, or Level 1 in the fair value hierarchy. The fair value of each major category of the Company's Non-U.S. pension plan assets are valued using observable inputs, either directly or indirectly, other than quoted market prices in active markets for identical assets. Following are the values as of December 31 : U.S. Plan Non-U.S. Plan 2017 2016 2017 2016 U.S. equity securities $ 13,402 $ 12,374 $ 952 $ 777 Non-U.S. equity securities 5,993 5,405 2,750 2,275 Fixed income securities 9,622 9,273 1,754 1,660 Money market 220 350 — — Total $ 29,237 $ 27,402 $ 5,456 $ 4,712 Defined Contribution Plans: HBB and KC maintain defined contribution (401(k)) plans for substantially all U.S. employees and similar plans for employees outside of the United States. All companies provide employer matching (or safe harbor) contributions based on plan provisions. The defined contribution retirement plans also provide for an additional minimum employer contribution. Certain plans also permit additional contributions whereby the applicable company’s contribution to participants is determined annually based on a formula that includes the effect of actual compared with targeted operating results and the age and/or compensation of the participants. Total costs, including Company contributions, for these plans were $5.3 million in 2017 , and $5.2 million in 2016 and 2015.

Business Segments

Business Segments	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Business Segments	Business Segments Hamilton Beach Holding is an operating holding company with HBB and KC as reportable segments. See Note 1 for a discussion of the Company’s industries. Financial information for each of Hamilton Beach Holding’s reportable segments is presented in the following table. The accounting policies of the reportable segments are described in Note 2 . The line “Eliminations” in the revenues section eliminates revenues from HBB sales to KC. The amounts of these revenues are based on current market prices of similar third-party transactions. No other sales transactions occur among reportable segments. The line “Eliminations” in the total assets section primarily represents Hamilton Beach Holding's deferred tax asset representing alternative minimum tax credits that have not been allocated to segments. Wal-Mart accounted for approximately 32% of HBB’s revenues in 2017, 2016 , and 2015 . Amazon accounted for approximately 12% , 10% , and 8% of HBB's revenues in 2017 , 2016, and 2015 respectively. HBB’s five largest customers accounted for approximately 55% , 54% , and 52% of HBB’s revenues for the years ended December 31, 2017 , 2016 , and 2015, respectively. The loss of or significant reduction in sales to any key customer could result in significant decreases in HBB’s revenue and profitability and an inability to sustain or grow its business. 2017 2016 2015 Revenues from external customers HBB $ 615,071 $ 605,170 $ 620,977 KC 128,520 144,351 150,988 Eliminations (2,842 ) (4,164 ) (4,103 ) Total $ 740,749 $ 745,357 $ 767,862 Operating profit HBB $ 41,487 $ 43,033 $ 34,801 KC (3,418 ) 376 165 Eliminations 66 (35 ) 588 Total $ 38,135 $ 43,374 $ 35,554 2017 2016 2015 Total assets HBB $ 281,004 $ 257,168 KC 43,361 54,004 Eliminations 1,868 (339 ) Total $ 326,233 $ 310,833 Depreciation and amortization HBB $ 4,072 $ 4,681 $ 4,750 KC 1,539 1,545 1,558 Total $ 5,611 $ 6,226 $ 6,308 Capital expenditures, excluding acquisitions of business HBB $ 6,198 $ 4,814 $ 4,365 KC 1,176 1,188 1,806 Total $ 7,374 $ 6,002 $ 6,171 Data By Geographic Region No single country outside of the U.S. comprised 10% or more of the Company's revenues from unaffiliated customers. United States Other Consolidated 2017 Revenues from unaffiliated customers, based on the customers’ location $ 608,490 $ 132,259 $ 740,749 Property, plant and equipment, net $ 14,078 $ 5,005 $ 19,083 2016 Revenues from unaffiliated customers, based on the customers’ location $ 626,367 $ 118,990 $ 745,357 Property, plant and equipment, net $ 10,861 $ 5,082 $ 15,943 2015 Revenues from unaffiliated customers, based on the customers’ location $ 647,073 $ 120,789 $ 767,862 Property, plant and equipment, net $ 9,273 $ 5,564 $ 14,837

Quarterly Results of Operations

Quarterly Results of Operations (Unaudited)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Quarterly Results of Operations (Unaudited)	Quarterly Results of Operations (Unaudited) A summary of the unaudited results of operations for the year ended December 31 is as follows: 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues HBB $ 114,154 $ 127,574 $ 153,592 $ 219,751 KC 26,665 25,868 28,644 47,343 Eliminations (537 ) (466 ) (523 ) (1,316 ) $ 140,282 $ 152,976 $ 181,713 $ 265,778 Gross profit $ 34,577 $ 38,831 $ 48,127 $ 72,286 Operating (loss) profit HBB $ 782 $ 5,164 $ 9,001 $ 26,540 KC (3,279 ) (3,008 ) (1,581 ) 4,450 Eliminations 59 8 10 (11 ) $ (2,438 ) $ 2,164 $ 7,430 $ 30,979 Net (loss) income HBB $ 689 $ 3,195 $ 5,245 $ 11,988 KC (2,143 ) (1,970 ) (1,155 ) 1,996 Eliminations 96 14 169 (219 ) $ (1,358 ) $ 1,239 $ 4,259 $ 13,765 Basic earnings (loss) per share $ (0.10 ) $ 0.09 $ 0.31 $ 1.01 Diluted earnings (loss) per share $ (0.10 ) $ 0.09 $ 0.31 $ 1.01 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues HBB $ 115,740 $ 127,054 $ 157,264 $ 205,112 KC 28,383 28,634 32,895 54,439 Eliminations (989 ) (770 ) (1,769 ) (636 ) $ 143,134 $ 154,918 $ 188,390 $ 258,915 Gross profit $ 34,037 $ 38,292 $ 50,061 $ 71,381 Operating (loss) profit HBB $ 67 $ 4,696 $ 14,399 $ 23,871 KC (2,890 ) (3,011 ) (921 ) 7,198 Eliminations (66 ) (1 ) — 32 $ (2,889 ) $ 1,684 $ 13,478 $ 31,101 Net (loss) income HBB $ (261 ) $ 2,934 $ 9,511 $ 14,373 KC (1,868 ) (1,954 ) (717 ) 4,184 Eliminations (19 ) (16 ) (63 ) 75 $ (2,148 ) $ 964 $ 8,731 $ 18,632 Basic earnings (loss) per share $ (0.16 ) $ 0.07 $ 0.64 $ 1.36 Diluted earnings (loss) per share $ (0.16 ) $ 0.07 $ 0.64 $ 1.36 The significant increase in gross profit of HBB and KC in the fourth quarters of 2017 and 2016 compared with the prior quarters of 2017 and 2016 is primarily due to the seasonal nature of their businesses. As a result of the distribution of one share of Hamilton Beach Holding Class A common stock and one share of Hamilton Beach Holding Class B common stock for each share of NACCO Class A or NACCO Class B common stock, the earnings per share amounts for the Company for periods prior to the spin-off have been calculated based upon the number of shares distributed in the spin-off.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2017
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Hyster-Yale Materials Handling, Inc. (“Hyster-Yale”) is a former subsidiary of NACCO that was spun-off to stockholders in 2012. In the ordinary course of business, HBB and KC lease or buy Hyster-Yale lift trucks. The terms may not be comparable to terms that would be obtained in a transaction between unaffiliated parties. Prior to the spin-off, NACCO charged management fees to the Company for services provided by NACCO. NACCO management fees are included in selling, general and administrative expenses and were $3.0 million in the first nine months of 2017 and $4.1 million and $3.9 million for the years ended December 31, 2016 and 2015, respectively. NACCO management fees were based upon estimated parent company resources devoted to providing centralized services and stewardship activities and were allocated among all NACCO subsidiaries based upon the relative size and complexity of each subsidiary. The Company believes the assumptions and allocation methods underlying the consolidated financial statements are based on a reasonable reflection of the use of services provided to or the benefit received by Hamilton Beach Holding during the periods presented relative to the total costs incurred by NACCO. However, the amounts recorded for these allocations are not necessarily representative of the amount that would have been reflected in the consolidated financial statements had the Company been an entity that operated independently of NACCO. In connection with the spin-off of Hamilton Beach Holding, the Company and NACCO entered into a Transition Services Agreement ("TSA"). Under the terms of the TSA, NACCO provides various services to Hamilton Beach Holding on a transitional basis, as needed, for varying periods after the spin-off date. None of the transition services are expected to exceed one year. Hamilton Beach Holding expects to pay NACCO net aggregate fees of approximately $1.0 million over the term of the TSA and incurred $0.2 million of fees under the TSA during the three months and year ended December 31, 2017.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Dec. 31, 2017
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS HAMILTON BEACH BRANDS HOLDING COMPANY YEAR ENDED DECEMBER 31, 2017 , 2016 , AND 2015 Additions Description Balance at Beginning of Period Charged to Costs and Expenses Charged to Other Accounts — Describe Deductions — Describe Balance at End of Period (C) (In thousands) 2017 Reserves deducted from asset accounts: Allowance for doubtful accounts $ 862 $ 405 $ — $ 90 (A) $ 1,177 Allowance for discounts, adjustments and returns $ 14,650 $ 21,358 $ — $ 21,844 (B) $ 14,164 Deferred tax valuation allowances $ 1,614 $ 302 $ — $ — $ 1,916 2016 Reserves deducted from asset accounts: Allowance for doubtful accounts $ 864 $ 46 $ — $ 48 (A) $ 862 Allowance for discounts, adjustments and returns $ 17,397 $ 21,692 $ 241 $ 24,680 (B) $ 14,650 Deferred tax valuation allowances $ 1,290 $ 324 $ — $ — $ 1,614 2015 Reserves deducted from asset accounts: Allowance for doubtful accounts $ 1,208 $ 1 $ — $ 345 (A) $ 864 Allowance for discounts, adjustments and returns $ 15,048 $ 25,150 $ 1,587 $ 24,388 (B) $ 17,397 Deferred tax valuation allowances $ 906 $ 384 $ — $ — $ 1,290 (A) Write-offs, net of recoveries. (B) Payments and customer deductions for product returns, discounts and allowances. (C) Balances which are not required to be presented and those which are immaterial have been omitted.

Significant Accounting Polici27

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2017
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and judgments. These estimates and judgments affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities (if any) at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents: Cash and cash equivalents include cash in banks and highly liquid investments with original maturities of three months or less.
Accounts Receivable, Net of Allowances	Accounts Receivable, Net of Allowances: Allowances for doubtful accounts are maintained against accounts receivable for estimated losses resulting from the inability of customers to make required payments. These allowances are based on both recent trends of certain customers estimated to be a greater credit risk as well as general trends of the entire customer pool. Accounts are written off against the allowance when it becomes evident collection will not occur.
Transfer of Financial Assets	Transfer of Financial Assets: The Company has entered into an arrangement with a financial institution to sell certain U.S. accounts receivable on a non-recourse basis. The Company utilizes this arrangement as an integral part of financing working capital. Under the terms of the agreement, the Company receives cash proceeds and retains no rights or interest and has no obligations with respect to the sold receivables. These transactions are accounted for as sales and result in a reduction in accounts receivable because the agreement transfers effective control over and risk related to the receivables to the buyer.
Inventories	Inventories: HBB inventories are stated at the lower of cost or net realizable value. The first-in, first-out (“FIFO”) method is used for HBB's inventory. KC retail inventories are stated at the lower of cost or market using the retail inventory method. Adjustments to the carrying value are recorded for estimated obsolescence or excess inventory equal to the difference between the cost of inventory and the estimated market value based upon assumptions about future demand and market conditions.
Property, Plant and Equipment, Net	Long-Lived Assets: The Company periodically evaluates long-lived assets for impairment when changes in circumstances or the occurrence of certain events indicate the carrying amount of an asset may not be recoverable. Upon identification of indicators of impairment, the Company evaluates the carrying value of the asset by comparing the estimated future undiscounted cash flows generated from the use of the asset and its eventual disposition with the asset’s net carrying value. If the carrying value of an asset is considered impaired, an impairment charge is recorded for the amount that the carrying value of the long-lived asset exceeds its fair value. Fair value is estimated as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Property, Plant and Equipment, Net: Property, plant and equipment are initially recorded at cost. Depreciation and amortization are provided in amounts sufficient to amortize the cost of the assets, over their estimated useful lives generally using the straight-line method. Estimated lives for buildings are up to 40 years, and for machinery, equipment and furniture and fixtures range from three to seven years. Leasehold improvements are depreciated over the shorter of the estimated useful life or the term of the lease. The units-of-production method is used to amortize certain tooling for sourced products. Repairs and maintenance costs are generally expensed when incurred.
Goodwill and Intangible Assets	Goodwill and Intangible Assets: Goodwill is tested for impairment as of October 1 of each year and may be tested more frequently if changes in circumstances or the occurrence of events indicates that a potential impairment exists. Using a qualitative assessment in the current year, we determined that it was not more-likely-than-not that the goodwill was impaired and a quantitative test for impairment was not required. Intangible assets with finite lives are amortized over their estimated useful lives, which represent the period over which the asset is expected to contribute directly or indirectly to future cash flows. Intangible assets with finite lives are reviewed for impairment whenever events and circumstances indicate the carrying value of such assets may not be recoverable and exceed their fair value. If an impairment loss exists, the carrying amount of the intangible asset is adjusted to a new cost basis. The new cost basis is amortized over the remaining useful life of the asset.
Self-insurance Liabilities	Self-insurance Liabilities: The Company is generally self-insured for product liability, environmental liability, medical claims, and certain workers’ compensation claims. For product liability, catastrophic insurance coverage is retained for potentially significant individual claims. An estimated provision for claims reported and for claims incurred but not yet reported under the self-insurance programs is recorded and revised periodically based on industry trends, historical experience and management judgment. In addition, industry trends are considered within management's judgment for valuing claims. Changes in assumptions for such matters as legal judgments and settlements, inflation rates, medical costs and actual experience could cause estimates to change in the near term.
Revenue Recognition	Revenue Recognition: Revenues are recognized when title transfers and risk of loss passes to the customer. Revenues at HBB are recognized when customer orders are completed and shipped. Revenues at KC are recognized at the point of sale when payment is made and customers take possession of the merchandise in stores. HBB products are not sold with the right of return. Based on the Company’s historical experience, a portion of KC and HBB products sold are estimated to be returned due to reasons such as buyer remorse, duplicate gifts received, product failure and excess inventory stocked by the customer, which, subject to certain terms and conditions, the Company will agree to accept. The Company records estimated reductions to revenues at the time of the sale based upon this historical experience and the limited right of return provided to the Company’s customers. The Company also records estimated reductions to revenues for customer programs and incentive offerings, including special pricing agreements, price competition, promotions and other volume-based incentives. At HBB, revenues represent gross sales less cooperative advertising, other volume-based incentives, estimated returns and allowances. At KC, retail markdowns are incorporated into KC’s retail method of accounting for cost of sales.
Advertising Costs	Advertising Costs: Advertising costs, except for direct response advertising, are expensed as incurred. Total advertising expense was $26.9 million , $22.7 million , and $21.8 million in 2017 , 2016 , and 2015 respectively. Included in these advertising costs are amounts related to cooperative advertising programs at HBB that are recorded as a reduction of revenues in the Consolidated Statements of Operations as related revenues are recognized. Direct response advertising, which consists primarily of costs to produce television commercials for HBB products, is capitalized and amortized over the expected period of future benefits.
Product Development Costs	Product Development Costs: Expenses associated with the development of new products and changes to existing products are charged to expense as incurred.
Shipping and Handling Costs	Shipping and Handling Costs: Shipping and handling costs billed to customers are recognized as revenue and shipping and handling costs incurred by the Company are included in cost of sales.
Taxes Collected from Customers and Remitted to Governmental Authorities	Taxes Collected from Customers and Remitted to Governmental Authorities: The Company collects various taxes and fees as an agent in connection with the sale of products and remits these amounts to the respective taxing authorities. These taxes and fees have been presented on a net basis in the Consolidated Statements of Operations and are recorded as a liability until remitted to the respective taxing authority.
Foreign Currency	Foreign Currency: Assets and liabilities of foreign operations are translated into U.S. dollars at the fiscal year-end exchange rate. The related translation adjustments are recorded as a separate component of stockholders’ equity. Revenues and expenses of all foreign operations are translated using average monthly exchange rates prevailing during the year.
Financial Instruments and Derivative Financial Instruments	Financial Instruments and Derivative Financial Instruments: Financial instruments held by the Company include cash and cash equivalents, accounts receivable, accounts payable, revolving credit agreements, interest rate swap agreements and forward foreign currency exchange contracts. The Company does not hold or issue financial instruments or derivative financial instruments for trading purposes. The Company uses forward foreign currency exchange contracts to partially reduce risks related to transactions denominated in foreign currencies. The Company offsets fair value amounts related to foreign currency exchange contracts executed with the same counterparty. These contracts hedge firm commitments and forecasted transactions relating to cash flows associated with sales and purchases denominated in currencies other than the subsidiaries’ functional currencies. Changes in the fair value of forward foreign currency exchange contracts that are effective as hedges are recorded in Accumulated Other Comprehensive Income (Loss) (“AOCI”). Deferred gains or losses are reclassified from AOCI to the Consolidated Statements of Operations in the same period as the gains or losses from the underlying transactions are recorded and are generally recognized in cost of sales. The ineffective portion of derivatives that are classified as hedges is immediately recognized in earnings and generally recognized in cost of sales. The Company uses interest rate swap agreements to partially reduce risks related to floating rate financing agreements that are subject to changes in the market rate of interest. Terms of the interest rate swap agreements require the Company to receive a variable interest rate and pay a fixed interest rate. The Company’s interest rate swap agreements and its variable rate financings are predominately based upon LIBOR (London Interbank Offered Rate). Changes in the fair value of interest rate swap agreements that are effective as hedges are recorded in AOCI. Deferred gains or losses are reclassified from AOCI to the Consolidated Statements of Operations in the same period as the gains or losses from the underlying transactions are recorded and are generally recognized in interest expense. The ineffective portion of derivatives that are classified as hedges is immediately recognized in earnings and included on the line “Other, net, including interest income” in the “Other expense” section of the Consolidated Statements of Operations. Interest rate swap agreements and forward foreign currency exchange contracts held by the Company have been designated as hedges of forecasted cash flows. The Company does not currently hold any nonderivative instruments designated as hedges or any derivatives designated as fair value hedges. The Company periodically enters into foreign currency exchange contracts that do not meet the criteria for hedge accounting. These derivatives are used to reduce the Company’s exposure to foreign currency risk related to forecasted purchase or sales transactions or forecasted intercompany cash payments or settlements. Gains and losses on these derivatives are included on the line “Other, net, including interest income” in the “Other income (expense)” section of the Consolidated Statements of Operations. Cash flows from hedging activities are reported in the Consolidated Statements of Cash Flows in the same classification as the hedged item, generally as a component of cash flows from operations.
Fair Value Measurements	Fair Value Measurements: The Company accounts for the fair value measurement of its financial assets and liabilities in accordance with U.S. generally accepted accounting principles, which defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. A fair value hierarchy requires an entity to maximize the use of observable inputs, where available, and minimize the use of unobservable inputs when measuring fair value. Described below are the three levels of inputs that may be used to measure fair value: Level 1 - Quoted prices in active markets that are accessible at the measurement date for identical assets or liabilities. Level 2 - Observable prices that are based on inputs not quoted on active markets, but corroborated by market data. Level 3 - Unobservable inputs are used when little or no market data is available. The hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. The classification of fair value measurements within the hierarchy is based upon the lowest level of input that is significant to the measurement.
Recently Issued Accounting Standards	Accounting Standards Not Yet Adopted: The Company is an emerging growth company and has elected not to opt out of the extended transition period for complying with new or revised accounting standards, which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company can adopt the new or revised standard at the time private companies adopt the new or revised standard. In May 2014, the FASB codified in ASC 606, "Revenue Recognition - Revenue from Contracts with Customers," which supersedes most current revenue recognition guidance, including industry-specific guidance, and requires an entity to recognize revenue in an amount that reflects the consideration to which the entity expects to be entitled in exchange for transferring goods or services to customers and provide additional disclosures. The effective date for nonpublic entities is annual reporting periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019. Early adoption is permitted. The Company will adopt the standard on January 1, 2018. The Company will use the modified retrospective method with the cumulative effect of initially applying the standard recognized as an adjustment to equity. The Company completed the execution of its project plan with respect to its implementation of this standard, including identification of revenue streams and review of contracts and procedures currently in place. Hamilton Beach Holding’s revenue is primarily generated from the sale of finished product to customers. Those sales are recognized at a single point in time when ownership, risks and rewards transfer. The amount and timing of revenue recognition is not materially impacted by the new standard, thus no cumulative adjustment will be recognized upon adoption. As the amount and timing of revenue recognition is not materially impacted by the new standard, the adoption of the standard is not expected to have a material impact to the Company’s financial position, results of operations or cash flows. The adoption of this guidance will result in increased disclosures to help users of financial statements understand the nature, amount and timing of revenue and cash flows arising from contracts. In February 2016, the FASB issued ASU 2016-02, “Leases (Topic 842)," which requires an entity to recognize assets and liabilities for the rights and obligations created by leased assets. For nonpublic entities, the amendments are effective for fiscal years beginning after December 15, 2019, and interim periods within fiscal years beginning after December 15, 2020. Early adoption is permitted. The Company is planning to adopt ASU 2016-02 for its fiscal year ending December 31, 2020 and is currently evaluating to what extent ASU 2016-02 will affect the Company's financial position, results of operations, cash flows and related disclosures. In February 2018, the FASB issued ASU 2018-02, "Income Statement - Reporting Comprehensive Income (Topic 220)". The guidance in ASU 2018-02 allows an entity to elect to reclassify the stranded tax effects related to the Tax Cuts and Jobs Act (the "Tax Act") of 2017 from accumulated other comprehensive income into retained earnings. ASU 2018-02 is effective for fiscal years beginning after December 15, 2018, with early adoption permitted. The Company is currently evaluating when it will adopt ASU 2018-02 and how and to what extent ASU 2018-02 will affect the Company's financial position, results of operations, cash flows and related disclosures.

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2017
Inventory Disclosure [Abstract]
Schedule of Inventory	Inventories are summarized as follows: December 31 2017 2016 Sourced inventories - HBB $ 111,493 $ 95,008 Retail inventories - KC 23,251 33,407 Total inventories $ 134,744 $ 128,415

Property, Plant and Equipment29

Property, Plant and Equipment, Net (Tables)	12 Months Ended
	Dec. 31, 2017
Property, Plant and Equipment, Net [Abstract]
Property, Plant and Equipment	Property, plant and equipment, net includes the following: December 31 2017 2016 Real estate: HBB $ 226 $ 226 Plant and equipment: HBB 59,024 53,495 KC 25,560 25,149 84,584 78,644 Property, plant and equipment, at cost 84,810 78,870 Less allowances for depreciation and amortization 65,727 62,927 $ 19,083 $ 15,943

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Finite-Lived Intangible Assets	Intangible assets other than goodwill, which are subject to amortization, consist of the following: Gross Carrying Accumulated Net Balance at December 31, 2017 HBB: Customer relationships $ 5,760 $ (2,920 ) $ 2,840 Trademarks 3,100 (608 ) 2,492 Other intangibles 1,240 (672 ) 568 $ 10,100 $ (4,200 ) $ 5,900 Balance at December 31, 2016 HBB: Customer relationships $ 5,760 $ (1,960 ) $ 3,800 Trademarks 3,100 (408 ) 2,692 Other intangibles 1,240 (450 ) 790 $ 10,100 $ (2,818 ) $ 7,282

Current and Long-Term Financi31

Current and Long-Term Financing (Tables)	12 Months Ended
	Dec. 31, 2017
Debt Disclosure [Abstract]
Schedule of Debt	The following table summarizes the Company's available and outstanding borrowings: December 31 2017 2016 Total outstanding borrowings: Revolving credit agreements — HBB $ 51,346 $ 37,917 Other debt — HBB — 797 Total debt outstanding $ 51,346 $ 38,714 Current portion of borrowings outstanding - HBB 31,346 12,714 Long-term portion of borrowings outstanding - HBB 20,000 26,000 Total available borrowings, net of limitations, under revolving credit agreements: HBB 111,078 112,975 KC 13,589 20,525 $ 124,667 $ 133,500 Unused revolving credit agreements: HBB 59,732 75,058 KC 13,589 20,525 $ 73,321 $ 95,583 Weighted average stated interest rate on total borrowings - HBB 3.82 % 2.26 % Weighted average effective interest rate on total borrowings (including interest rate swap - HBB agreements) 3.83 % 2.67 %

Derivative Financial Instrume32

Derivative Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Interest Rate Derivatives	The following table summarizes the notional amounts, related rates and remaining terms of interest rate swap agreements active and delayed at December 31 in millions: Notional Amount Average Fixed Rate Remaining Term at 2017 2016 2017 2016 December 31, 2017 HBB - Interest rate swaps $ 20.0 $ 20.0 1.4 % 1.4 % Extending to January 2020 HBB - Delayed start interest rate swaps $ 15.0 $ 15.0 1.6 % 1.6 % Extending to January 2024 HBB - Delayed start interest rate swaps $ 10.0 $ 10.0 1.7 % 1.7 % Extending to January 2024
Schedule of the Fair Value of Derivative Instruments Recorded in the Consolidated Balance Sheets	The following table summarizes the fair value of derivative instruments at December 31 as recorded in the Consolidated Balance Sheets: Asset Derivatives Liability Derivatives Balance sheet location 2017 2016 Balance sheet location 2017 2016 Derivatives designated as hedging instruments Interest rate swap agreements Current Prepaid expenses and other $ 109 $ 14 Other current liabilities $ — $ — Long-term Other non-current assets 785 760 Other long-term liabilities — — Foreign currency exchange contracts Current Prepaid expenses and other 245 147 Other current liabilities 93 — Total derivatives $ 1,139 $ 921 $ 93 $ —

Leasing Arrangements (Tables)

Leasing Arrangements (Tables)	12 Months Ended
	Dec. 31, 2017
Leases [Abstract]
Future Minimum Operating Lease Payments	Future minimum operating lease payments at December 31, 2017 are: Operating Leases 2018 $ 23,633 2019 17,781 2020 14,267 2021 9,287 2022 5,709 Subsequent to 2022 20,273 Total minimum lease payments $ 90,950

Stockholders' Equity and Earn34

Stockholders' Equity and Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2017
Equity [Abstract]
Reclassification out of Accumulated Other Comprehensive Income	The following table summarizes the amounts reclassified out of AOCI and recognized in the Consolidated Statements of Operations: Amount reclassified from AOCI Details about AOCI components 2017 2016 2015 Location of loss (gain) reclassified from AOCI into income (In thousands) Loss (gain) on cash flow hedging Foreign exchange contracts $ 853 $ (11 ) $ (860 ) Cost of sales Interest rate contracts 63 183 243 Interest expense 916 172 (617 ) Total before income tax expense (benefit) Tax effect (275 ) (67 ) 235 Income tax (benefit) expense $ 641 $ 105 $ (382 ) Net of tax Pension plan Actuarial loss $ 511 $ 508 $ 748 (a) Tax effect (205 ) (195 ) (236 ) Income tax benefit $ 306 $ 313 $ 512 Net of tax Total reclassifications for the period $ 947 $ 418 $ 130 Net of tax (a) These AOCI components are included in the computation of pension expense. See Note 13 for a discussion of the Company's pension expense.
Schedule of Earnings Per Share	2017 2016 2015 Basic weighted average shares outstanding (1) 13,673 13,673 13,673 Dilutive effect of outstanding restricted stock awards 12 — — Diluted weighted average shares outstanding (1) 13,685 13,673 13,673 Basic earnings per share (1) $ 1.31 $ 1.91 $ 1.44 Diluted earnings per share (1) $ 1.31 $ 1.91 $ 1.44 (1) On September 29, 2017, NACCO, Hamilton Beach Holding's former parent company, spun-off the Company to NACCO stockholders. In the spin-off, NACCO stockholders, in addition to retaining their shares of NACCO common stock, received one share of Hamilton Beach Holding Class A common stock and one share of Hamilton Beach Holding Class B common stock for each share of NACCO Class A or Class B common stock. The basic and diluted earnings per share amounts for the Company have been calculated based upon the number of shares distributed in the spin-off for all periods prior to the spin-off.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2017
Income Tax Disclosure [Abstract]
Schedule of Income Tax Expense (Benefit)	The components of income before income tax provision and the income tax provision for the years ended December 31 are as follows: 2017 2016 2015 Income before income tax provision Domestic $ 31,328 $ 39,136 $ 31,277 Foreign 4,749 2,027 759 $ 36,077 $ 41,163 $ 32,036 Income tax provision Current income tax provision: Federal $ 11,484 $ 12,140 $ 10,953 State 1,381 501 1,908 Foreign 1,365 556 1,143 Total current 14,230 13,197 14,004 Deferred income tax provision (benefit): Federal 4,122 1,458 (1,242 ) State (437 ) 239 (43 ) Foreign 257 90 (394 ) Total deferred 3,942 1,787 (1,679 ) $ 18,172 $ 14,984 $ 12,325
Effective Income Tax Rate Reconciliation	A reconciliation of the federal statutory and effective income tax rate for the years ended December 31 is as follows: 2017 2016 2015 Income before income tax provision $ 36,077 $ 41,163 $ 32,036 Statutory taxes at 35.0% $ 12,627 $ 14,407 $ 11,212 State and local income taxes 901 1,019 540 Provisional effect of the Tax Act 4,654 — — Non-deductible spin-related costs 540 — — Other non-deductible expenses 411 414 364 Valuation allowances 369 170 606 Other, net (1,330 ) (1,026 ) (397 ) Income tax provision $ 18,172 $ 14,984 $ 12,325 Effective income tax rate 50.4 % 36.4 % 38.5 %
Deferred Tax Assets and Liabilities	A detailed summary of the total deferred tax assets and liabilities in the Company's Consolidated Balance Sheets resulting from differences in the book and tax basis of assets and liabilities follows: December 31 2017 2016 Deferred tax assets Tax carryforwards $ 5,034 $ 2,610 Inventories 207 421 Depreciation and amortization 716 1,841 Accrued expenses and reserves 6,929 9,423 Other employee benefits 3,238 5,321 Other 696 1,454 Total deferred tax assets 16,820 21,070 Less: Valuation allowance 1,916 1,614 14,904 19,456 Deferred tax liabilities Accrued pension benefits 2,079 1,609 Unremitted foreign earnings — 343 Total deferred tax liabilities 2,079 1,952 Net deferred asset $ 12,825 $ 17,504
Summary of Tax Credit Carryforwards	The following table summarizes the tax carryforwards and associated carryforward periods and related valuation allowances where the Company has determined that realization is uncertain: December 31, 2017 Net deferred tax asset Valuation allowance Carryforwards expire during: Alternative minimum tax credit $ 2,429 $ — (1) Non-U.S. net operating loss 1,658 1,658 2018 - Indefinite State losses 1,198 — 2020 - 2035 Total $ 5,285 $ 1,658 December 31, 2016 Net deferred tax asset Valuation allowance Carryforwards expire during: Non-U.S. net operating loss $ 1,376 $ 1,376 2018 - Indefinite State losses 1,053 — 2020 - 2035 Research credit 547 — 2028 - 2030 Total $ 2,976 $ 1,376 (1) The Tax Act repealed the corporate alternative minimum tax for tax years beginning after December 31, 2017. This credit is refundable in 2021, if not fully utilized prior to 2021.
Unrecognized Tax Benefits Roll Forward	2017 2016 2015 Balance at January 1 $ 671 $ 1,199 $ 180 Additions based on tax positions related to prior years — 167 1,119 Additions based on tax positions related to the current year 210 165 — Reductions due to settlements with taxing authorities — (860 ) — Reductions due to lapse of the applicable statute of limitations — — (100 ) Balance at December 31 $ 881 $ 671 $ 1,199

Retirement Benefit Plans (Table

Retirement Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2017
Retirement Benefits [Abstract]
Assumptions used in accounting for the defined benefit plan	The assumptions used in accounting for the defined benefit plans were as follows for the years ended December 31 : 2017 2016 2015 U.S. Plans Discount rate for pension benefit obligation 3.30 % 3.60 % 3.70 % Discount rate for net periodic benefit cost 3.60 % 3.70 % 3.45 % Expected long-term rate of return on assets for net periodic benefit (income) expense 7.50 % 7.50 % 7.75 % Non-U.S. Plan Discount rate for pension benefit obligation 3.25 % 3.75 % 4.00 % Discount rate for net periodic benefit cost 3.75 % 4.00 % 3.75 % Expected long-term rate of return on assets for net periodic benefit (income) expense 5.50 % 5.50 % 5.75 %
Net periodic benefit income and expense for the defined benefit plan	Set forth below is a detail of the net periodic pension expense (income) for the defined benefit plans for the years ended December 31 : 2017 2016 2015 U.S. Plans Interest cost $ 811 $ 875 $ 914 Expected return on plan assets (2,074 ) (2,071 ) (2,159 ) Amortization of actuarial loss 501 495 564 Net periodic pension income $ (762 ) $ (701 ) $ (681 ) Non-U.S. Plan Interest cost $ 153 $ 144 $ 152 Expected return on plan assets (264 ) (248 ) (272 ) Amortization of actuarial loss 10 13 146 Settlements — — 37 Net periodic pension (income) expense $ (101 ) $ (91 ) $ 63
Changes in plan assets and benefit obligations recognized in comprehensive income (loss)	Set forth below is the detail of other changes in plan assets and benefit obligations recognized in other comprehensive income (loss) for the years ended December 31 : 2017 2016 2015 U.S. Plans Current year actuarial loss (gain) $ (2,506 ) $ 243 $ 1,373 Amortization of actuarial loss (501 ) (495 ) (564 ) Total recognized in other comprehensive (income) loss $ (3,007 ) $ (252 ) $ 809 Non-U.S. Plan Current year actuarial loss (gain) $ 60 $ 318 $ (128 ) Amortization of actuarial loss (10 ) (13 ) (146 ) Settlements — — (37 ) Total recognized in other comprehensive loss (income) $ 50 $ 305 $ (311 )
Changes in benefit obligations during the year and funded status of defined benefit plan	The following table sets forth the changes in the benefit obligation and the plan assets during the year and the funded status of the defined benefit plans at December 31 : 2017 2016 U.S. Plan Non-U.S. Plan U.S. Plan Non-U.S. Plan Change in benefit obligation Projected benefit obligation at beginning of year $ 23,651 $ 4,021 $ 24,932 $ 3,519 Interest cost 811 153 875 144 Actuarial loss (gain) (521 ) 291 11 430 Benefits paid (2,225 ) (153 ) (2,167 ) (176 ) Foreign currency exchange rate changes — 292 — 104 Projected benefit obligation at end of year $ 21,716 $ 4,604 $ 23,651 $ 4,021 Accumulated benefit obligation at end of year $ 21,716 $ 4,604 $ 23,651 $ 4,021 Change in plan assets Fair value of plan assets at beginning of year $ 27,402 $ 4,712 $ 27,730 $ 4,383 Actual return on plan assets 4,060 497 1,839 356 Employer contributions — 55 — 17 Benefits paid (2,225 ) (153 ) (2,167 ) (176 ) Foreign currency exchange rate changes — 345 — 132 Fair value of plan assets at end of year $ 29,237 $ 5,456 $ 27,402 $ 4,712 Funded status at end of year $ 7,521 $ 852 $ 3,751 $ 691 Amounts recognized in the balance sheets consist of: Noncurrent assets $ 7,521 $ 852 $ 3,751 $ 691 Components of accumulated other comprehensive loss (income) consist of: Actuarial (gain) loss $ (9,703 ) $ (1,033 ) $ 12,712 $ 1,029 Deferred taxes 3,687 327 (4,830 ) (327 ) Currency differences — 44 — (89 ) $ (6,016 ) $ (662 ) $ 7,882 $ 613
Future benefit payments	Future pension benefit payments expected to be paid from assets of the pension plans are: U.S. Plan Non-U.S. Plan 2018 $ 2,152 $ 181 2019 1,961 189 2020 2,184 200 2021 1,923 213 2022 1,810 254 2023 - 2027 7,509 1,292 $ 17,539 $ 2,329
Actual allocation percentage and target allocation percentage for pension plan assets	The following is the actual allocation percentage and target allocation percentage for the U.S. pension plan assets at December 31: 2017 2016 Target Allocation Range U.S. equity securities 45.8 % 45.2 % 36.0% - 54.0% Non-U.S. equity securities 20.5 % 19.7 % 16.0% - 24.0% Fixed income securities 32.9 % 33.8 % 30.0% - 40.0% Money market 0.8 % 1.3 % 0.0% - 10.0% The following is the actual allocation percentage and target allocation percentage for the Non-U.S. pension plan assets at December 31: 2017 2016 Target Allocation Range Canadian equity securities 33.6 % 32.7 % 25.0% - 35.0% Non-Canadian equity securities 34.3 % 32.1 % 25.0% - 35.0% Fixed income securities 32.1 % 35.2 % 30.0% - 50.0% Cash and cash equivalents — % — % 0.0% - 5.0%
Fair value of pension plan assets	Following are the values as of December 31 : U.S. Plan Non-U.S. Plan 2017 2016 2017 2016 U.S. equity securities $ 13,402 $ 12,374 $ 952 $ 777 Non-U.S. equity securities 5,993 5,405 2,750 2,275 Fixed income securities 9,622 9,273 1,754 1,660 Money market 220 350 — — Total $ 29,237 $ 27,402 $ 5,456 $ 4,712

Business Segments (Tables)

Business Segments (Tables)	12 Months Ended
	Dec. 31, 2017
Segment Reporting [Abstract]
Segment Reporting Information	2017 2016 2015 Revenues from external customers HBB $ 615,071 $ 605,170 $ 620,977 KC 128,520 144,351 150,988 Eliminations (2,842 ) (4,164 ) (4,103 ) Total $ 740,749 $ 745,357 $ 767,862 Operating profit HBB $ 41,487 $ 43,033 $ 34,801 KC (3,418 ) 376 165 Eliminations 66 (35 ) 588 Total $ 38,135 $ 43,374 $ 35,554 2017 2016 2015 Total assets HBB $ 281,004 $ 257,168 KC 43,361 54,004 Eliminations 1,868 (339 ) Total $ 326,233 $ 310,833 Depreciation and amortization HBB $ 4,072 $ 4,681 $ 4,750 KC 1,539 1,545 1,558 Total $ 5,611 $ 6,226 $ 6,308 Capital expenditures, excluding acquisitions of business HBB $ 6,198 $ 4,814 $ 4,365 KC 1,176 1,188 1,806 Total $ 7,374 $ 6,002 $ 6,171
Revenue From External Customers and Long-Lived Assets, by Geographical Areas	United States Other Consolidated 2017 Revenues from unaffiliated customers, based on the customers’ location $ 608,490 $ 132,259 $ 740,749 Property, plant and equipment, net $ 14,078 $ 5,005 $ 19,083 2016 Revenues from unaffiliated customers, based on the customers’ location $ 626,367 $ 118,990 $ 745,357 Property, plant and equipment, net $ 10,861 $ 5,082 $ 15,943 2015 Revenues from unaffiliated customers, based on the customers’ location $ 647,073 $ 120,789 $ 767,862 Property, plant and equipment, net $ 9,273 $ 5,564 $ 14,837

Quarterly Results of Operatio38

Quarterly Results of Operations (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]
Schedule of Quarterly Financial Information	A summary of the unaudited results of operations for the year ended December 31 is as follows: 2017 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues HBB $ 114,154 $ 127,574 $ 153,592 $ 219,751 KC 26,665 25,868 28,644 47,343 Eliminations (537 ) (466 ) (523 ) (1,316 ) $ 140,282 $ 152,976 $ 181,713 $ 265,778 Gross profit $ 34,577 $ 38,831 $ 48,127 $ 72,286 Operating (loss) profit HBB $ 782 $ 5,164 $ 9,001 $ 26,540 KC (3,279 ) (3,008 ) (1,581 ) 4,450 Eliminations 59 8 10 (11 ) $ (2,438 ) $ 2,164 $ 7,430 $ 30,979 Net (loss) income HBB $ 689 $ 3,195 $ 5,245 $ 11,988 KC (2,143 ) (1,970 ) (1,155 ) 1,996 Eliminations 96 14 169 (219 ) $ (1,358 ) $ 1,239 $ 4,259 $ 13,765 Basic earnings (loss) per share $ (0.10 ) $ 0.09 $ 0.31 $ 1.01 Diluted earnings (loss) per share $ (0.10 ) $ 0.09 $ 0.31 $ 1.01 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Revenues HBB $ 115,740 $ 127,054 $ 157,264 $ 205,112 KC 28,383 28,634 32,895 54,439 Eliminations (989 ) (770 ) (1,769 ) (636 ) $ 143,134 $ 154,918 $ 188,390 $ 258,915 Gross profit $ 34,037 $ 38,292 $ 50,061 $ 71,381 Operating (loss) profit HBB $ 67 $ 4,696 $ 14,399 $ 23,871 KC (2,890 ) (3,011 ) (921 ) 7,198 Eliminations (66 ) (1 ) — 32 $ (2,889 ) $ 1,684 $ 13,478 $ 31,101 Net (loss) income HBB $ (261 ) $ 2,934 $ 9,511 $ 14,373 KC (1,868 ) (1,954 ) (717 ) 4,184 Eliminations (19 ) (16 ) (63 ) 75 $ (2,148 ) $ 964 $ 8,731 $ 18,632 Basic earnings (loss) per share $ (0.16 ) $ 0.07 $ 0.64 $ 1.36 Diluted earnings (loss) per share $ (0.16 ) $ 0.07 $ 0.64 $ 1.36

Principles of Consolidation a39

Principles of Consolidation and Nature of Operations (Details)	Sep. 29, 2017shares
Class A Common Stock
Class of Stock [Line Items]
Common stock issued during period (in shares)	1
Class B Common Stock
Class of Stock [Line Items]
Common stock issued during period (in shares)	1

Significant Accounting Polici40

Significant Accounting Policies Significant Accounting Policies (Transfer of Financial Assets) (Details) - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Accounting Policies [Abstract]
Accounts receivable derecognized	$ 164	$ 149.3

Significant Accounting Polici41

Significant Accounting Policies Significant Accounting Policies (Property, Plant and Equipment, Net) (Details)	12 Months Ended
	Dec. 31, 2017
Buildings
Property, Plant and Equipment [Line Items]
Useful life	40 years
Machinery | Minimum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Machinery | Maximum
Property, Plant and Equipment [Line Items]
Useful life	7 years
Equipment
Property, Plant and Equipment [Line Items]
Useful life	7 years
Equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Furniture and Fixtures | Minimum
Property, Plant and Equipment [Line Items]
Useful life	3 years
Furniture and Fixtures | Maximum
Property, Plant and Equipment [Line Items]
Useful life	7 years

Significant Accounting Polici42

Significant Accounting Policies (Advertising Costs and Product Development Costs) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Accounting Policies [Abstract]
Advertising expense	$ 26.9	$ 22.7	$ 21.8
Product development costs	$ 10.4	$ 9.7	$ 9.6

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Sourced inventories - HBB	$ 111,493	$ 95,008
Retail inventories - KC	23,251	33,407
Total inventories	$ 134,744	$ 128,415

Property, Plant and Equipment44

Property, Plant and Equipment, Net (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 84,810	$ 78,870
Less allowances for depreciation and amortization	65,727	62,927
Property, plant and equipment, net	19,083	15,943	$ 14,837
Depreciation and amortization expense	4,200	4,800	$ 4,900
Plant and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	84,584	78,644
HBB | Real Estate
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	226	226
HBB | Plant and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	59,024	53,495
KC | Plant and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, at cost	$ 25,560	$ 25,149

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets, Net [Abstract]
Net Balance	$ 5,900	$ 7,282
Amortization of intangible assets	1,381	1,381	$ 1,381
HBB
Finite-Lived Intangible Assets, Net [Abstract]
Gross Carrying Amount	10,100	10,100
Accumulated Amortization	(4,200)	(2,818)
Net Balance	5,900	7,282
Expected annual amortization expense, 2018	1,400
Expected annual amortization expense, 2019	1,400
Expected annual amortization expense, 2020	1,200
Expected annual amortization expense, 2021	200
Expected annual amortization expense, 2022	$ 200
Intangible assets, weighted average amortization period	8 years 10 months 24 days
HBB | Customer relationships
Finite-Lived Intangible Assets, Net [Abstract]
Gross Carrying Amount	$ 5,760	5,760
Accumulated Amortization	(2,920)	(1,960)
Net Balance	2,840	3,800
HBB | Trademarks
Finite-Lived Intangible Assets, Net [Abstract]
Gross Carrying Amount	3,100	3,100
Accumulated Amortization	(608)	(408)
Net Balance	2,492	2,692
HBB | Other intangibles
Finite-Lived Intangible Assets, Net [Abstract]
Gross Carrying Amount	1,240	1,240
Accumulated Amortization	(672)	(450)
Net Balance	$ 568	$ 790

Current and Long-Term Financi46

Current and Long-Term Financing (Debt Schedule) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Debt Instrument [Line Items]
Total debt outstanding	$ 51,346	$ 38,714
Long-term portion of borrowings outstanding	20,000	26,000
Total available borrowings, net of limitations, under revolving credit agreements	124,667	133,500
Unused revolving credit agreements	73,321	95,583
HBB
Debt Instrument [Line Items]
Total outstanding borrowings	51,346	37,917
Other debt	0	797
Current portion of borrowings outstanding	31,346	12,714
Long-term portion of borrowings outstanding	20,000	26,000
Total available borrowings, net of limitations, under revolving credit agreements	111,078	112,975
Unused revolving credit agreements	$ 59,732	$ 75,058
Weighted average stated interest rate on total borrowings	3.82%	2.26%
Weighted average effective interest rate on total borrowings (including interest rate swap agreements)	3.83%	2.67%
KC
Debt Instrument [Line Items]
Total available borrowings, net of limitations, under revolving credit agreements	$ 13,589	$ 20,525
Unused revolving credit agreements	$ 13,589	$ 20,525

Current and Long-Term Financi47

Current and Long-Term Financing (Narrative) (Details)	1 Months Ended	12 Months Ended
	Sep. 28, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)
Line of Credit Facility [Line Items]
Interest paid		$ 1,600,000	$ 1,400,000	$ 1,800,000
Interest capitalized		200,000	100,000	100,000
Assets		326,233,000	310,833,000
Line of credit facility, current borrowing capacity		124,667,000	133,500,000
Line of credit facility, remaining borrowing capacity		73,321,000	95,583,000
Cash dividends to NACCO Industries, Inc.		38,000,000	42,000,000	15,000,000
HBB
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity		115,000,000
Line of credit facility, current borrowing capacity		111,078,000	112,975,000
Line of credit facility, amount outstanding		51,346,000	37,917,000
Line of credit facility, remaining borrowing capacity		$ 59,732,000	75,058,000
Line of credit facility, unused capacity, commitment fee percentage		0.25%
Cash dividends to NACCO Industries, Inc.	$ 35,000,000
Line of credit facility, minimum excess availability		$ 25,000,000
HBB | Base Rate | US Dollar
Line of Credit Facility [Line Items]
Basis spread on variable rate		0.00%
HBB | Base Rate | Canadian Dollar
Line of Credit Facility [Line Items]
Basis spread on variable rate		0.00%
HBB | LIBOR Rate | US Dollar
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.50%
HBB | LIBOR Rate | Canadian Dollar
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.50%
KC
Line of Credit Facility [Line Items]
Line of credit facility, maximum borrowing capacity		$ 20,000,000
Line of credit facility, current borrowing capacity		13,589,000	20,525,000
Line of credit facility, remaining borrowing capacity		$ 13,589,000	20,525,000
Line of credit facility, unused capacity, commitment fee percentage		0.25%
Dividend restriction from closing date including minimum fixed charge coverage ratio		$ 6,000,000
Dividend restriction period following closing date of credit facility		12 months
Dividend restriction credit facility excess availability requirement		$ 5,000,000
Debt instrument, minimum fixed charge coverage ratio		1.1
Dividend restriction from closing date		$ 2,000,000
Dividend restriction credit facility excess availability requirement as defined within the agreement		$ 10,000,000
KC | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		0.75%
KC | LIBOR Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate		1.75%
Operating Segments | HBB
Line of Credit Facility [Line Items]
Assets		$ 281,004,000	257,168,000
Operating Segments | KC
Line of Credit Facility [Line Items]
Assets		$ 43,361,000	$ 54,004,000

Derivative Financial Instrume48

Derivative Financial Instruments (Narrative) (Details) CAD in Millions	Dec. 31, 2017CAD	Dec. 31, 2017USD ($)	Dec. 31, 2016CAD	Dec. 31, 2016USD ($)
Foreign currency exchange contracts
Derivative [Line Items]
Notional amount of foreign currency derivatives | CAD	CAD 11.7		CAD 9
Derivative, fair value, net receivable (payable)		$ 200,000		$ 100,000
Interest rate swap agreements | HBB
Derivative [Line Items]
Notional amount of foreign currency derivatives		20,000,000		20,000,000
Interest rate derivative net receivable (payable), at fair value		$ 900,000		$ 800,000

Derivative Financial Instrume49

Derivative Financial Instruments (Schedule of Interest Rate Derivatives) (Details) - HBB - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Interest Rate Swaps
Derivative [Line Items]
Notional Amount	$ 20,000,000	$ 20,000,000
Average Fixed Rate	1.40%	1.40%
Delayed Start Interest Rate Swaps, Effective January 2024
Derivative [Line Items]
Notional Amount	$ 15,000,000	$ 15,000,000
Average Fixed Rate	1.60%	1.60%
Delayed Start Interest Rate Swaps, Effective January 2020
Derivative [Line Items]
Notional Amount	$ 10,000,000	$ 10,000,000
Average Fixed Rate	1.70%	1.70%

Derivative Financial Instrume50

Derivative Financial Instruments (Fair Value of Derivative Instruments as Recorded in Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Derivatives, Fair Value [Line Items]
Total derivatives, asset derivatives	$ 1,139	$ 921
Total derivatives, liability derivatives	93	0
Designated as hedging instrument | Prepaid expenses and other
Derivatives, Fair Value [Line Items]
Interest rate swap agreements, asset derivatives	109	14
Foreign currency exchange contracts, asset derivatives	245	147
Designated as hedging instrument | Other current liabilities
Derivatives, Fair Value [Line Items]
Interest rate swap agreements, liability derivatives	0	0
Foreign currency exchange contracts, liability derivatives	93	0
Designated as hedging instrument | Other non-current assets
Derivatives, Fair Value [Line Items]
Interest rate swap agreements, asset derivatives	785	760
Designated as hedging instrument | Other long-term liabilities
Derivatives, Fair Value [Line Items]
Interest rate swap agreements, liability derivatives	$ 0	$ 0

Fair Value Disclosure (Narrativ

Fair Value Disclosure (Narrative) (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
HBB | Accounts receivable | Credit concentration risk | Five Largest Customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Revenue from major customer, percentage	61.50%	63.00%

Leasing Arrangements (Details)

Leasing Arrangements (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Operating Leases
2,018	$ 23,633
2,019	17,781
2,020	14,267
2,021	9,287
2,022	5,709
Subsequent to 2022	20,273
Total minimum lease payments	90,950
Rental expense for all operating leases	25,000	$ 25,900	$ 26,000
Rental income on subleases of equipment	$ 400	$ 400	$ 400

Contingencies (Details)

Contingencies (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2017	Dec. 31, 2016
Site Contingency [Line Items]
Accrual for environmental loss contingencies		$ 8,900,000	$ 8,700,000
Environmental investigation and remediation expense	$ 1,500,000
Minimum
Site Contingency [Line Items]
Possible royalty repayment		0
Maximum
Site Contingency [Line Items]
Possible royalty repayment		$ 5,300,000

Stockholders' Equity and Earn54

Stockholders' Equity and Earnings Per Share Stockholders' Equity and Earnings Per Share (Narrative) (Details)	12 Months Ended
	Dec. 31, 2017voteshares	Dec. 31, 2016shares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)		1,000
Preferred stock, shares authorized (in shares)	5,000,000
Class A Common Stock
Class of Stock [Line Items]
Number of votes | vote	1
Common stock, shares authorized (in shares)	70,000,000	0
Class B Common Stock
Class of Stock [Line Items]
Number of votes | vote	10
Common stock, shares authorized (in shares)	30,000,000	0

Stockholders' Equity and Earn55

Stockholders' Equity and Earnings Per Share (Reclassification out of AOCI) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales									$ 546,928	$ 551,586	$ 577,134
Interest expense									1,831	1,374	1,962
Income before income tax provision									36,077	41,163	32,036
Income tax (benefit) expense									(18,172)	(14,984)	(12,325)
Net income	$ 13,765	$ 4,259	$ 1,239	$ (1,358)	$ 18,632	$ 8,731	$ 964	$ (2,148)	17,905	26,179	19,711
Loss (gain) on cash flow hedging
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period									(641)	(105)	382
Pension plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period									(306)	(313)	(512)
Reclassification out of accumulated other comprehensive income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassifications for the period									947	418	130
Reclassification out of accumulated other comprehensive income | Loss (gain) on cash flow hedging
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income before income tax provision									916	172	(617)
Income tax (benefit) expense									(275)	(67)	235
Net income									641	105	(382)
Reclassification out of accumulated other comprehensive income | Loss (gain) on cash flow hedging | Foreign currency exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Cost of sales									853	(11)	(860)
Reclassification out of accumulated other comprehensive income | Loss (gain) on cash flow hedging | Interest rate contract
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Interest expense									63	183	243
Reclassification out of accumulated other comprehensive income | Pension plan
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income tax (benefit) expense									(205)	(195)	(236)
Net income									306	313	512
Reclassification out of accumulated other comprehensive income | Actuarial loss
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Pension plan									$ 511	$ 508	$ 748

Stockholders' Equity and Earn56

Stockholders' Equity and Earnings Per Share (Weighted Average Number of Shares Outstanding Reconciliation) (Details) - $ / shares shares in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Equity [Abstract]
Basic weighted average shares outstanding (in shares)									13,673	13,673	13,673
Dilutive effect of restricted stock awards (in shares)									12	0	0
Diluted weighted average shares outstanding (in shares)									13,685	13,673	13,673
Basic earnings per share (in dollars per share)	$ 1.01	$ 0.31	$ 0.09	$ (0.10)	$ 1.36	$ 0.64	$ 0.07	$ (0.16)	$ 1.31	$ 1.91	$ 1.44
Diluted earnings per share (in dollars per share)	$ 1.01	$ 0.31	$ 0.09	$ (0.10)	$ 1.36	$ 0.64	$ 0.07	$ (0.16)	$ 1.31	$ 1.91	$ 1.44

Income Taxes (Income Before Inc

Income Taxes (Income Before Income Taxes and Provision for Income Taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income before income tax provision
Domestic	$ 31,328	$ 39,136	$ 31,277
Foreign	4,749	2,027	759
Total	36,077	41,163	32,036
Current income tax provision:
Federal	11,484	12,140	10,953
State	1,381	501	1,908
Foreign	1,365	556	1,143
Total current	14,230	13,197	14,004
Deferred income tax provision (benefit):
Federal	4,122	1,458	(1,242)
State	(437)	239	(43)
Foreign	257	90	(394)
Total deferred	3,942	1,787	(1,679)
Income tax provision	$ 18,172	$ 14,984	$ 12,325

Income Taxes (Textual) (Details

Income Taxes (Textual) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Contingency [Line Items]
Income tax refunds	$ 0	$ 600,000	$ 100,000
Tax Cuts and Jobs Act of 2017, provisional income tax charge	4,700,000
Provisional income tax change for remeasurement of deferred tax balances	4,100,000
Provisional income tax charge related to nondeductible executive compensation expense	400,000
Provisional income tax change related to deemed repatriation of foreign earnings	200,000
Cumulative unremitted earnings of foreign subsidiaries	19,600,000
Permanent items	600,000	400,000	800,000
Federal
Income Tax Contingency [Line Items]
Income tax payments	9,900,000	11,000,000	7,900,000
Foreign and State
Income Tax Contingency [Line Items]
Income tax payments	$ 1,900,000	$ 2,800,000	$ 1,900,000

Income Taxes (Reconciliation of

Income Taxes (Reconciliation of the Federal Statutory and Effective Income Tax Rate) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Income before income tax provision	$ 36,077	$ 41,163	$ 32,036
Statutory taxes at 35.0%	12,627	14,407	11,212
State and local income taxes	901	1,019	540
Provisional effect of the Tax Act	4,654	0	0
Non-deductible spin-related costs	540	0	0
Other non-deductible expenses	411	414	364
Valuation allowances	369	170	606
Other, net	(1,330)	(1,026)	(397)
Income tax provision	$ 18,172	$ 14,984	$ 12,325
Effective income tax rate	50.40%	36.40%	38.50%
Statutory tax rate	35.00%	35.00%	35.00%

Income Taxes (Summary of the To

Income Taxes (Summary of the Total Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Deferred tax assets
Tax carryforwards	$ 5,034	$ 2,610
Inventories	207	421
Depreciation and amortization	716	1,841
Accrued expenses and reserves	6,929	9,423
Other employee benefits	3,238	5,321
Other	696	1,454
Total deferred tax assets	16,820	21,070
Less: Valuation allowance	1,916	1,614
Deferred tax assets, net of valuation allowance	14,904	19,456
Deferred tax liabilities
Accrued pension benefits	2,079	1,609
Unremitted foreign earnings	0	343
Total deferred tax liabilities	2,079	1,952
Net deferred asset	$ 12,825	$ 17,504

Income Taxes (Summary of Operat

Income Taxes (Summary of Operating Loss Carryforwards and Tax Credit Carryforwards) (Details) - USD ($)	Dec. 31, 2017	Dec. 31, 2016
Operating Loss Carryforwards [Line Items]
Net deferred tax asset, alternative minimum tax credit	$ 2,429,000
Net deferred tax asset, net operating loss	5,034,000	$ 2,610,000
Deferred tax assets, research credit		547,000
Total net deferred tax asset	5,285,000	2,976,000
Valuation allowance, alternative minimum tax credit	0	0
Total valuation allowance	1,658,000	1,376,000
Foreign tax authority
Operating Loss Carryforwards [Line Items]
Net deferred tax asset, net operating loss	1,658,000	1,376,000
Valuation allowance, net operating loss	1,658,000	1,376,000
State and local jurisdiction
Operating Loss Carryforwards [Line Items]
Net deferred tax asset, net operating loss	1,198,000	1,053,000
Valuation allowance, net operating loss	$ 0	$ 0

Income Taxes (Gross Unrecognize

Income Taxes (Gross Unrecognized Tax Benefits) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Reconciliation of Unrecognized Tax Benefits [Roll Forward]
Balance at beginning of period	$ 671	$ 1,199	$ 180
Additions based on tax positions related to prior years	0	167	1,119
Additions based on tax positions related to the current year	210	165	0
Reductions due to lapse of the applicable statute of limitations	0	(860)	0
Reductions due to lapse of the applicable statute of limitations	0	0	(100)
Balance at end of period	$ 881	$ 671	$ 1,199

Retirement Benefit Plans (Assum

Retirement Benefit Plans (Assumptions Used in Accounting for Defined Benefit Plans) (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate for pension benefit obligation	3.30%	3.60%	3.70%
Discount rate for net periodic benefit cost	3.60%	3.70%	3.45%
Expected long-term rate of return on assets for net periodic benefit (income) expense	7.50%	7.50%	7.75%
Non-U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Discount rate for pension benefit obligation	3.25%	3.75%	4.00%
Discount rate for net periodic benefit cost	3.75%	4.00%	3.75%
Expected long-term rate of return on assets for net periodic benefit (income) expense	5.50%	5.50%	5.75%

Retirement Benefit Plans (Net P

Retirement Benefit Plans (Net Periodic Pension Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 811	$ 875	$ 914
Expected return on plan assets	(2,074)	(2,071)	(2,159)
Amortization of actuarial loss	501	495	564
Net periodic pension (income) expense	(762)	(701)	(681)
Non-U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Interest cost	153	144	152
Expected return on plan assets	(264)	(248)	(272)
Amortization of actuarial loss	10	13	146
Settlements	0	0	37
Net periodic pension (income) expense	$ (101)	$ (91)	$ 63

Retirement Benefit Plans (Other

Retirement Benefit Plans (Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Current year actuarial loss (gain)	$ (2,506)	$ 243	$ 1,373
Amortization of actuarial loss	(501)	(495)	(564)
Total recognized in other comprehensive loss (income)	(3,007)	(252)	809
Non-U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Current year actuarial loss (gain)	60	318	(128)
Amortization of actuarial loss	(10)	(13)	(146)
Settlements	0	0	(37)
Total recognized in other comprehensive loss (income)	$ 50	$ 305	$ (311)

Retirement Benefit Plans (Oblig

Retirement Benefit Plans (Obligation and Funded Status) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plan
Change in benefit obligation
Projected benefit obligation at beginning of year	$ 23,651	$ 24,932
Interest cost	811	875	$ 914
Actuarial loss (gain)	(521)	11
Benefits paid	(2,225)	(2,167)
Foreign currency exchange rate changes	0	0
Projected benefit obligation at end of year	21,716	23,651	24,932
Accumulated benefit obligation at end of year	21,716	23,651
Change in plan assets
Fair value of plan assets at beginning of year	27,402	27,730
Actual return on plan assets	4,060	1,839
Employer contributions	0	0
Benefits paid	(2,225)	(2,167)
Foreign currency exchange rate changes	0	0
Fair value of plan assets at end of year	29,237	27,402	27,730
Funded status at end of year	7,521	3,751
Amounts recognized in the balance sheets consist of:
Noncurrent assets	7,521	3,751
Components of accumulated other comprehensive loss (income) consist of:
Actuarial (gain) loss	(9,703)	12,712
Deferred taxes	3,687	(4,830)
Currency differences	0	0
Accumulated other comprehensive (loss) income	(6,016)	7,882
Non-U.S. Pension Plan
Change in benefit obligation
Projected benefit obligation at beginning of year	4,021	3,519
Interest cost	153	144	152
Actuarial loss (gain)	291	430
Benefits paid	(153)	(176)
Foreign currency exchange rate changes	292	104
Projected benefit obligation at end of year	4,604	4,021	3,519
Accumulated benefit obligation at end of year	4,604	4,021
Change in plan assets
Fair value of plan assets at beginning of year	4,712	4,383
Actual return on plan assets	497	356
Employer contributions	55	17
Benefits paid	(153)	(176)
Foreign currency exchange rate changes	345	132
Fair value of plan assets at end of year	5,456	4,712	$ 4,383
Funded status at end of year	852	691
Amounts recognized in the balance sheets consist of:
Noncurrent assets	852	691
Components of accumulated other comprehensive loss (income) consist of:
Actuarial (gain) loss	(1,033)	1,029
Deferred taxes	327	(327)
Currency differences	44	(89)
Accumulated other comprehensive (loss) income	$ (662)	$ 613

Retirement Benefit Plans (Narra

Retirement Benefit Plans (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Actuarial loss included in accumulated other comprehensive income (loss) expected to be recognized in net periodic benefit cost, before tax	$ 0.7
Actuarial loss included in accumulated other comprehensive income (loss) expected to be recognized in net periodic benefit cost, net of tax	0.5
Defined contribution plan, total costs	$ 5.3	$ 5.2	$ 5.2

Retirement Benefit Plans (Sched

Retirement Benefit Plans (Schedule of Expected Benefit Payments) (Details) $ in Millions	Dec. 31, 2017USD ($)
U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
2,018	$ 2,152
2,019	1,961
2,020	2,184
2,021	1,923
2,022	1,810
2023 - 2027	7,509
Total	17,539
Non-U.S. Pension Plan
Defined Benefit Plan Disclosure [Line Items]
2,018	181
2,019	189
2,020	200
2,021	213
2,022	254
2023 - 2027	1,292
Total	$ 2,329

Retirement Benefit Plans (Actua

Retirement Benefit Plans (Actual Allocation Percentage and Target Allocation Percentage for the U.S. Pension Plan Assets) (Details)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016
U.S. Pension Plan | U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	45.80%	45.20%
U.S. Pension Plan | Non-U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	20.50%	19.70%
U.S. Pension Plan | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	32.90%	33.80%
U.S. Pension Plan | Money market
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	0.80%	1.30%
U.S. Pension Plan | Minimum | U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.36
U.S. Pension Plan | Minimum | Non-U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.16
U.S. Pension Plan | Minimum | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.3
U.S. Pension Plan | Minimum | Money market
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0
U.S. Pension Plan | Maximum | U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.54
U.S. Pension Plan | Maximum | Non-U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.24
U.S. Pension Plan | Maximum | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.4
U.S. Pension Plan | Maximum | Money market
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.1
Non-U.S. Pension Plan | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	32.10%	35.20%
Non-U.S. Pension Plan | Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	33.60%	32.70%
Non-U.S. Pension Plan | Non-Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	34.30%	32.10%
Non-U.S. Pension Plan | Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Actual allocation	0.00%	0.00%
Non-U.S. Pension Plan | Minimum | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.3
Non-U.S. Pension Plan | Minimum | Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.25
Non-U.S. Pension Plan | Minimum | Non-Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.25
Non-U.S. Pension Plan | Minimum | Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0
Non-U.S. Pension Plan | Maximum | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.5
Non-U.S. Pension Plan | Maximum | Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.35
Non-U.S. Pension Plan | Maximum | Non-Canadian equity securities
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.35
Non-U.S. Pension Plan | Maximum | Cash and cash equivalents
Defined Benefit Plan Disclosure [Line Items]
Target allocations range	0.05

Retirement Benefit Plans (Fair

Retirement Benefit Plans (Fair Value Hierarchy) (Details) - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
U.S. Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	$ 29,237	$ 27,402
U.S. Plan | U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	13,402	12,374
U.S. Plan | Non-U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	5,993	5,405
U.S. Plan | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	9,622	9,273
U.S. Plan | Money market
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	220	350
Non-U.S. Plan
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	5,456	4,712
Non-U.S. Plan | U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	952	777
Non-U.S. Plan | Non-U.S. equity securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	2,750	2,275
Non-U.S. Plan | Fixed income securities
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	1,754	1,660
Non-U.S. Plan | Money market
Defined Benefit Plan Disclosure [Line Items]
Fair value of each major category of U.S. plan assets	$ 0	$ 0

Business Segments (Textual) (De

Business Segments (Textual) (Details) - Customer concentration risk - Sales revenue, net - HBB	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Wal-Mart
Segment Reporting Information [Line Items]
Revenue from major customer, percentage	32.00%	32.00%	32.00%
Amazon
Segment Reporting Information [Line Items]
Revenue from major customer, percentage	12.00%	10.00%	8.00%
Five Largest Customers
Segment Reporting Information [Line Items]
Revenue from major customer, percentage	55.00%	54.00%		52.00%

Business Segments (Statements o

Business Segments (Statements of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues from external customers	$ 265,778	$ 181,713	$ 152,976	$ 140,282	$ 258,915	$ 188,390	$ 154,918	$ 143,134	$ 740,749	$ 745,357	$ 767,862
Operating profit	30,979	7,430	2,164	(2,438)	31,101	13,478	1,684	(2,889)	38,135	43,374	35,554
Operating Segments | HBB
Segment Reporting Information [Line Items]
Revenues from external customers	219,751	153,592	127,574	114,154	205,112	157,264	127,054	115,740	615,071	605,170	620,977
Operating profit	26,540	9,001	5,164	782	23,871	14,399	4,696	67	41,487	43,033	34,801
Operating Segments | KC
Segment Reporting Information [Line Items]
Revenues from external customers	47,343	28,644	25,868	26,665	54,439	32,895	28,634	28,383	128,520	144,351	150,988
Operating profit	4,450	(1,581)	(3,008)	(3,279)	7,198	(921)	(3,011)	(2,890)	(3,418)	376	165
Eliminations
Segment Reporting Information [Line Items]
Revenues from external customers	(1,316)	(523)	(466)	(537)	(636)	(1,769)	(770)	(989)	(2,842)	(4,164)	(4,103)
Operating profit	$ (11)	$ 10	$ 8	$ 59	$ 32	$ 0	$ (1)	$ (66)	$ 66	$ (35)	$ 588

Business Segments (Balance Shee

Business Segments (Balance Sheets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Total assets	$ 326,233	$ 310,833
Depreciation and amortization	5,611	6,226	6,308
Capital expenditures, excluding acquisitions of business	7,374	6,002	6,171
Operating Segments | HBB
Segment Reporting Information [Line Items]
Total assets	281,004	257,168
Depreciation and amortization	4,072	4,681	4,750
Capital expenditures, excluding acquisitions of business	6,198	4,814	4,365
Operating Segments | KC
Segment Reporting Information [Line Items]
Total assets	43,361	54,004
Depreciation and amortization	1,539	1,545	1,558
Capital expenditures, excluding acquisitions of business	1,176	1,188	1,806
Eliminations
Segment Reporting Information [Line Items]
Total assets	1,868	(339)
Depreciation and amortization	$ 5,611	$ 6,226	$ 6,308

Business Segments (Data by Geog

Business Segments (Data by Geographic Region) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 265,778	$ 181,713	$ 152,976	$ 140,282	$ 258,915	$ 188,390	$ 154,918	$ 143,134	$ 740,749	$ 745,357	$ 767,862
Property, plant and equipment, net	19,083				15,943				19,083	15,943	14,837
United States
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									608,490	626,367	647,073
Property, plant and equipment, net	14,078				10,861				14,078	10,861	9,273
Other
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues									132,259	118,990	120,789
Property, plant and equipment, net	$ 5,005				$ 5,082				$ 5,005	$ 5,082	$ 5,564

Quarterly Results of Operatio75

Quarterly Results of Operations (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Revenues	$ 265,778	$ 181,713	$ 152,976	$ 140,282	$ 258,915	$ 188,390	$ 154,918	$ 143,134	$ 740,749	$ 745,357	$ 767,862
Gross profit	72,286	48,127	38,831	34,577	71,381	50,061	38,292	34,037	193,821	193,771	190,728
Operating (loss) profit	30,979	7,430	2,164	(2,438)	31,101	13,478	1,684	(2,889)	38,135	43,374	35,554
Net income	$ 13,765	$ 4,259	$ 1,239	$ (1,358)	$ 18,632	$ 8,731	$ 964	$ (2,148)	$ 17,905	$ 26,179	$ 19,711
Basic earnings (loss) per share (in dollars per share)	$ 1.01	$ 0.31	$ 0.09	$ (0.10)	$ 1.36	$ 0.64	$ 0.07	$ (0.16)	$ 1.31	$ 1.91	$ 1.44
Diluted earnings (loss) per share (in dollars per share)	$ 1.01	$ 0.31	$ 0.09	$ (0.10)	$ 1.36	$ 0.64	$ 0.07	$ (0.16)	$ 1.31	$ 1.91	$ 1.44
Operating Segments | HBB
Segment Reporting Information [Line Items]
Revenues	$ 219,751	$ 153,592	$ 127,574	$ 114,154	$ 205,112	$ 157,264	$ 127,054	$ 115,740	$ 615,071	$ 605,170	$ 620,977
Operating (loss) profit	26,540	9,001	5,164	782	23,871	14,399	4,696	67	41,487	43,033	34,801
Net income	11,988	5,245	3,195	689	14,373	9,511	2,934	(261)
Operating Segments | KC
Segment Reporting Information [Line Items]
Revenues	47,343	28,644	25,868	26,665	54,439	32,895	28,634	28,383	128,520	144,351	150,988
Operating (loss) profit	4,450	(1,581)	(3,008)	(3,279)	7,198	(921)	(3,011)	(2,890)	(3,418)	376	165
Net income	1,996	(1,155)	(1,970)	(2,143)	4,184	(717)	(1,954)	(1,868)
Eliminations
Segment Reporting Information [Line Items]
Revenues	(1,316)	(523)	(466)	(537)	(636)	(1,769)	(770)	(989)	(2,842)	(4,164)	(4,103)
Operating (loss) profit	(11)	10	8	59	32	0	(1)	(66)	$ 66	$ (35)	$ 588
Net income	$ (219)	$ 169	$ 14	$ 96	$ 75	$ (63)	$ (16)	$ (19)

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
NACCO
Related Party Transaction [Line Items]
Management fees		$ 3		$ 4.1	$ 3.9
Transition Services Agreement, Expected Fee Expense
Related Party Transaction [Line Items]
Fees incurred			$ 1
Transition Services Agreement, Fees Incurred
Related Party Transaction [Line Items]
Fees incurred	$ 0.2		$ 0.2

Schedule II - Valuation and Q77

Schedule II - Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Allowance for doubtful accounts
Valuation allowances and reserves [Roll Forward]
Balance at Beginning of Period	$ 862	$ 864	$ 1,208
Charged to Costs and Expenses	405	46	1
Charged to Other Accounts	0	0	0
Deductions	90	48	345
Balance at End of Period	1,177	862	864
Allowance for discounts, adjustments and returns
Valuation allowances and reserves [Roll Forward]
Balance at Beginning of Period	14,650	17,397	15,048
Charged to Costs and Expenses	21,358	21,692	25,150
Charged to Other Accounts	0	241	1,587
Deductions	21,844	24,680	24,388
Balance at End of Period	14,164	14,650	17,397
Deferred tax valuation allowances
Valuation allowances and reserves [Roll Forward]
Balance at Beginning of Period	1,614	1,290	906
Charged to Costs and Expenses	302	324	384
Charged to Other Accounts	0	0	0
Deductions	0	0
Balance at End of Period	$ 1,916	$ 1,614	$ 1,290