Organization, Consolidation and Presentation of Financial Statements Disclosure and Significant Accounting Policies [Text Block] | Note 1 Nature of Operations and Summary of Significant Accounting Policies Nature of Operations Escalade, Incorporated and its wholly-owned subsidiaries (Escalade, the Company, we, us or our) are engaged in the manufacture and sale of sporting goods products. On June 30, 2014, the Company sold its Print Finishing business. On October 1, 2014, the Company sold its Information Security business. The divestiture of these two divisions accomplished the Company’s complete exit from the Information Security and Print Finishing segment that is reported as discontinued operations. The Company is headquartered in Evansville, Indiana and has manufacturing facilities in the United States of America and Mexico. The Company sells products to customers primarily in North America with minimal sales throughout the remainder of the world. The consolidated financial statements include the accounts of Escalade, Incorporated and its wholly-owned subsidiaries. All material inter-company accounts and transactions have been eliminated. The consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). The books and records of subsidiaries located in foreign countries are maintained according to generally accepted accounting principles in those countries. Upon consolidation, the Company evaluates the differences in accounting principles and determines whether adjustments are necessary to convert the foreign financial statements to the accounting principles upon which the consolidated financial statements are based. As a result of this evaluation no material adjustments were identified. During the year ended December 31, 2016, we revised the balance sheet presentation of borrowings under our senior secured revolving credit facility and the related asset for debt issuance costs. These amounts were previously presented as current in our consolidated balance sheets. We have determined that these should have been presented as non-current. The presentation of cash flows associated with borrowings under our credit facility have also been corrected. Previously, these cash flows were presented on a net basis, the change in balance sheet presentation requires that they be presented on a gross basis. We assessed the materiality of this revision on prior periods' financial statements in accordance with the Securities and Exchange Commission Staff Accounting Bulletin No. 99, Materiality Presentation of Financial Statements As Previously Year Ended December 26, 2015 Reported Revision As Revised In Thousands Prepaid expenses $ 2,534 $ (40) $ 2,494 Total current assets 72,815 (40) 72,775 Other non-current assets 40 40 Notes payable 19,776 (19,776) Total current liabilities 38,307 (19,776) 18,531 Long-term debt 1,750 19,776 21,526 As Previously Year Ended December 26, 2015 Reported Revision As Revised In Thousands Proceeds from issuance of long-term debt $ $ 62,127 $ 62,127 Net (decrease) increase in notes payable 3,577 (6,276) (2,699) Payments on long-term debt (1,585) (55,851) (57,436) As Previously Year Ended December 27, 2014 Reported Revision As Revised In Thousands Proceeds from issuance of long-term debt $ $ 57,860 $ 57,860 Net (decrease) increase in notes payable (5,500) 5,500 Payments on long-term debt (1,563) (63,360) (64,923) The Company’s fiscal year is a 52 or 53 week period ending on the last Saturday in December. Fiscal year 2016 was 53 weeks long, ending December 31, 2016. Fiscal year 2015 was 52 weeks long, ending December 26, 2015. Fiscal year 2014 was 52 weeks long, ending on December 27, 2014. Highly liquid financial instruments with insignificant interest rate risk and with original maturities of three months or less are classified as cash and cash equivalents. Revenue from the sale of the Company’s products is recognized as products are shipped to customers and accounts receivable are stated at the amount billed to customers. Interest and late charges billed to customers are not material and, because collection is uncertain, are not recognized until collected and are therefore not included in accounts receivable. The Company provides an allowance for doubtful accounts which is described in Note 2 Certain Significant Estimates. Inventory cost is computed on a currently adjusted standard cost basis (which approximates actual cost on a current average or first-in, first-out basis). Work in process and finished goods inventory are determined to be saleable based on a demand forecast within a specific time horizon, generally one year or less. Inventory in excess of saleable amounts is reserved, and the remaining inventory is valued at the lower of cost or market. This inventory valuation reserve totaled $ 415 471 In Thousands 2016 2015 Raw materials $ 4,781 $ 3,621 Work in process 3,671 4,297 Finished goods 25,350 17,944 $ 33,802 $ 25,862 Property, plant and equipment are recorded at cost. Depreciation and amortization are computed for financial reporting purposes principally using the straight-line method over the following estimated useful lives: buildings, 20 30 5 15 2 4 In Thousands 2016 2015 Land $ 1,943 $ 2,049 Buildings and leasehold improvements 15,733 18,964 Machinery and equipment 22,379 22,179 Total cost 40,055 43,192 Accumulated depreciation and amortization (26,341) (28,829) $ 13,714 $ 14,363 The Company evaluates the recoverability of certain long-lived assets whenever events or changes in circumstances indicate that the carrying amount may not be recoverable. Estimates of future cash flows used to test recoverability of long-lived assets include separately identifiable undiscounted cash flows expected to arise from the use and eventual disposition of the assets. Where estimated future cash flows are less than the carrying value of the assets, impairment losses are recognized based on the amount by which the carrying value exceeds the fair value of the assets. No asset impairment was recognized during the years ended 2016, 2015, or 2014. During the year ended December 31, 2016, the Company sold its Wabash, Indiana land and building for a purchase price of approximately $ 2.1 1.9 In Thousands 2016 2015 Non-marketable equity investments (equity method) $ 19,030 $ 19,644 Non-Marketable Equity Investments: The Company has an equity position in a company that strategically relates to the Company’s business, but the Company does not have control over that entity. The accounting method employed is dependent on the level of ownership and degree of influence the Company can exert on operations. Where the equity interest is less than 20% and the degree of influence is not significant, the cost method of accounting is employed. Where the equity interest is greater than 20% but not more than 50%, the equity method of accounting is utilized. 1.7 3.0 3.9 1,060 928 919 Goodwill represents the excess of the purchase price over fair value of net tangible and identifiable intangible assets of acquired businesses. Intangible assets consist of patents, consulting agreements, non-compete agreements, customer lists, and trademarks. Goodwill and trademarks are deemed to have indefinite lives and are not amortized, but are subject to impairment testing annually in accordance with guidance included in FASB ASC 350 , Intangibles Goodwill and Other 5 14 5 5 15 The Company reviews goodwill for impairment annually and whenever events or changes in circumstances indicate the carrying value of goodwill may not be recoverable, in accordance with guidance in FASB ASC 350, Intangibles Goodwill and Other During 2007, the Company replaced two stock-based compensation plans with a new incentive plan explained in Note 10. The Company accounts for this plan under the recognition and measurement principles of FASB ASC 718, Equity Based Payments The functional currency for the foreign operations of Escalade is the local currency. The translation of foreign currencies into U.S. dollars is performed for balance sheet accounts using exchange rates in effect at the balance sheet dates and for revenue and expense accounts using a weighted average exchange rate during the year. The gains or losses resulting from the translation are included in Accumulated Other Comprehensive Income (Loss) in the Consolidated Statements of Stockholders’ Equity and are excluded from net income. Gains or losses resulting from foreign currency transactions are included in selling, general and administrative expense in the Consolidated Statements of Operations and were insignificant in fiscal years 2016, 2015, and 2014. Cost of products sold is comprised of those costs directly associated with or allocated to the products sold and include materials, labor and factory overhead. In Thousands 2016 2015 2014 Proceeds from insurance for involuntary conversion $ $ $ 603 Rent income from real estate 158 212 106 Other income (loss) (37) 121 94 $ 121 $ 333 $ 803 Income tax in the consolidated statement of operations includes deferred income tax provisions or benefits for all significant temporary differences in recognizing income and expenses for financial reporting and income tax purposes. A valuation allowance is established if it is more likely than not that a deferred tax asset will not be realized. Research and development costs are charged to expense as incurred. Research and development costs incurred during 2016, 2015 and 2014 were approximately $ 1.5 1.5 1.7 Certain reclassifications have been made to prior year financial statements to conform to the current year financial statement presentation. These reclassifications had no effect on net earnings. In May 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2014-09, Revenue from Contracts with Customers (Topic 606), Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, In November 2015, the FASB issued ASU 2015-17 Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) In March 2016, FASB issued ASU 2016-09, Compensation Stock Compensation (Topic 718) In August 2016, FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) In January, 2017, FASB issued ASU 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business. In January, 2017, FASB issued ASU 2017-04, Intangibles Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. |