DMC Global (BOOM) 10-Q 28 Oct 14 2014 Q3 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	9 Months Ended
	Sep. 30, 2014	Oct. 28, 2014
Document and Entity Information	'	'
Entity Registrant Name	'DYNAMIC MATERIALS CORP	'
Entity Central Index Key	'0000034067	'
Current Fiscal Year End Date	'--12-31	'
Entity Filer Category	'Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-14	'
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q3	'
Amendment Flag	'false	'
Entity Common Stock, Shares Outstanding	'	13,979,119

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CURRENT ASSETS:	'	'
Cash and cash equivalents	$14,932	$10,598
Accounts receivable, net of allowance for doubtful accounts of $599 and $419, respectively	30,923	37,785
Inventory, net	41,846	41,191
Prepaid expenses and other	7,161	4,374
Current deferred tax assets	5,583	3,440
Assets held for sale	6,011	6,299
Total current assets	106,456	103,687
PROPERTY, PLANT AND EQUIPMENT	100,305	98,573
Less - accumulated depreciation	-42,625	-38,358
Property, plant and equipment, net	57,680	60,215
GOODWILL, net	34,382	37,970
PURCHASED INTANGIBLE ASSETS, net	29,403	36,458
DEFERRED TAX ASSETS	439	389
OTHER ASSETS, net	1,236	1,893
TOTAL ASSETS	229,596	240,612
CURRENT LIABILITIES:	'	'
Accounts payable	9,104	14,567
Accrued expenses	3,250	3,928
Dividend payable	559	550
Accrued income taxes	3,030	2,810
Accrued employee compensation and benefits	4,667	4,552
Customer advances	2,364	1,019
Current debt obligations	4	2,907
Current deferred tax liabilities	435	435
Liabilities related to assets held for sale	721	826
Total current liabilities	24,134	31,594
LINES OF CREDIT	26,000	26,400
DEFERRED TAX LIABILITIES	8,641	7,945
OTHER LONG-TERM LIABILITIES	1,962	1,881
Total liabilities	60,737	67,820
COMMITMENTS AND CONTINGENT LIABILITIES	'	'
STOCKHOLDERS’ EQUITY:	'	'
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,772,324 shares issued and outstanding, respectively	699	689
Additional paid-in capital	65,836	62,934
Retained earnings	118,745	113,399
Other cumulative comprehensive loss	-16,421	-4,230
Total stockholders’ equity	168,859	172,792
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$229,596	$240,612

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]	'	'
Accounts receivable, allowance for doubtful accounts	$599	$419
Preferred stock, par value (in dollars per share)	$0.05	$0.05
Preferred stock, shares authorized	4,000,000	4,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.05	$0.05
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	13,979,119	13,772,324
Common stock, shares outstanding	13,979,119	13,772,324

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended		9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Statement [Abstract]	'	'	'	'
NET SALES	$51,886	$52,331	$150,566	$152,720
COST OF PRODUCTS SOLD	36,803	36,229	105,073	107,431
Gross profit	15,083	16,102	45,493	45,289
COSTS AND EXPENSES:	'	'	'	'
General and administrative expenses	5,503	5,673	16,858	18,693
Selling and distribution expenses	4,639	3,657	13,596	11,997
Amortization of purchased intangible assets	1,575	1,581	4,808	4,734
Total costs and expenses	11,717	10,911	35,262	35,424
INCOME FROM OPERATIONS	3,366	5,191	10,231	9,865
OTHER INCOME (EXPENSE):	'	'	'	'
Other income (expense), net	472	-247	369	-372
Interest expense	-137	-129	-420	-484
Interest income	1	1	6	5
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702	4,816	10,186	9,014
INCOME TAX PROVISION	1,224	1,461	3,088	2,179
INCOME FROM CONTINUING OPERATIONS	2,478	3,355	7,098	6,835
DISCONTINUED OPERATIONS:	'	'	'	'
Income (loss) from operations of discontinued operations, net of tax	20	256	-77	473
NET INCOME	2,498	3,611	7,021	7,308
Less: Net income attributable to non-controlling interest	0	49	0	92
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$2,498	$3,562	$7,021	$7,216
INCOME (LOSS) PER SHARE - BASIC:	'	'	'	'
Continuing operations (in dollars per share)	$0.18	$0.24	$0.51	$0.49
Discontinued operations (in dollars per share)	$0	$0.02	($0.01)	$0.03
Net income (in dollars per share)	$0.18	$0.26	$0.50	$0.52
INCOME (LOSS) PER SHARE - DILUTED:	'	'	'	'
Continuing operations (in dollars per share)	$0.18	$0.24	$0.51	$0.49
Discontinued operations (in dollars per share)	$0	$0.02	($0.01)	$0.03
Net income (in dollars per share)	$0.18	$0.26	$0.50	$0.52
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:	'	'	'	'
Basic (in shares)	13,686,200	13,540,394	13,673,637	13,528,880
Diluted (in shares)	13,687,725	13,544,665	13,678,697	13,532,973
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.12	$0.12

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended		9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Statement of Comprehensive Income [Abstract]	'	'	'	'
Net income including non-controlling interest	$2,498	$3,611	$7,021	$7,308
Change in cumulative foreign currency translation adjustment	-10,701	4,183	-12,191	1,003
Total comprehensive income (loss)	-8,203	7,794	-5,170	8,311
Comprehensive income attributable to non-controlling interest	0	55	0	96
Comprehensive income (loss) attributable to Dynamic Materials Corporation	($8,203)	$7,739	($5,170)	$8,215

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Other Cumulative Comprehensive Loss
In Thousands, except Share data, unless otherwise specified
Balances at Dec. 31, 2013	$172,792	$689	$62,934	$113,399	($4,230)
Balances (in shares) at Dec. 31, 2013	13,772,324	13,772,324	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'
Net income	7,021	'	'	7,021	'
Change in cumulative foreign currency translation adjustment	-12,191	'	'	'	-12,191
Shares issued in connection with stock compensation plans (in shares)	'	206,795	'	'	'
Shares issued in connection with stock compensation plans	234	10	224	'	'
Tax impact of stock-based compensation	113	'	113	'	'
Stock-based compensation	2,565	'	2,565	'	'
Dividends declared	-1,675	'	'	-1,675	'
Balances at Sep. 30, 2014	$168,859	$699	$65,836	$118,745	($16,421)
Balances (in shares) at Sep. 30, 2014	13,979,119	13,979,119	'	'	'

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	'	'
Net income	$7,021	$7,308
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Loss (income) from discontinued operations	77	-473
Depreciation (including capital lease amortization)	5,406	4,004
Amortization of purchased intangible assets	4,808	4,734
Amortization of deferred debt issuance costs	76	76
Stock-based compensation	2,565	2,685
Deferred income tax benefit	-608	-126
Gain on disposal of property, plant and equipment	6	5
Change in:	'	'
Accounts receivable, net	5,342	4,868
Inventory, net	-3,012	6,587
Prepaid expenses and other	-3,146	1,032
Accounts payable	-5,084	-2,207
Customer advances	1,445	20
Accrued expenses and other liabilities	683	1,303
Net cash flows provided by continuing operations	15,579	29,816
Net cash flows provided by discontinued operations	239	655
Net cash provided by operating activities	15,818	30,471
CASH FLOWS FROM INVESTING ACTIVITIES:	'	'
Acquisition of property, plant and equipment	-6,472	-13,426
Change in other non-current assets	373	209
Net cash flows used in continuing operations	-6,099	-13,217
Net cash flows used in discontinued operations	-120	-604
Net cash used in investing activities	-6,219	-13,821
CASH FLOWS FROM FINANCING ACTIVITIES:	'	'
Borrowings (repayments) on bank lines of credit, net	-3,213	-13,252
Payment on loans with former owners of LRI	-47	-47
Payment on capital lease obligations	-23	-39
Payment of dividends	-1,667	-1,637
Net proceeds from issuance of common stock to employees and directors	234	163
Tax impact of stock-based compensation	113	-895
Net cash used in financing activities	-4,603	-15,707
EFFECTS OF EXCHANGE RATES ON CASH	-662	172
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,334	1,115
CASH AND CASH EQUIVALENTS, beginning of the period	10,598	8,218
CASH AND CASH EQUIVALENTS, end of the period	$14,932	$9,333

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Sep. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
BASIS OF PRESENTATION	'
	BASIS OF PRESENTATION
	The information included in the condensed consolidated financial statements is unaudited but includes all normal and recurring adjustments which, in the opinion of management, are necessary for a fair presentation of the interim periods presented. These condensed consolidated financial statements should be read in conjunction with the financial statements that are included in our Annual Report filed on Form 10-K for the year ended December 31, 2013.
	On October 1, 2014 DMC completed the sale of its AMK Technical Services ("AMK") business (See Footnote 10 Subsequent Events). The operating results of AMK have been classified as discontinued operations in all periods presented.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
SIGNIFICANT ACCOUNTING POLICIES	'
	SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Dynamic Materials Corporation (“DMC”) and its controlled subsidiaries.  Only subsidiaries in which controlling interests are maintained are consolidated.  All significant intercompany accounts, profits, and transactions have been eliminated in consolidation.
	Income Taxes
	The effective tax rate for each of the periods reported differs from the U.S. statutory rate due primarily to favorable foreign permanent differences, variation in contribution to consolidated pre-tax income from each jurisdiction for the respective periods and differences between the U.S. and foreign tax rates (which range from 20% to 35%) on earnings that have been permanently reinvested.
	We assess the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use existing deferred tax assets. A significant piece of objective negative evidence to be evaluated in this assessment is whether there is a three-year cumulative loss incurred in jurisdictions where there are deferred tax assets. We have incurred a three-year cumulative loss in one foreign jurisdiction resulting in local tax loss carryforwards with no expiration date. We also have cumulative tax loss carryforwards in another jurisdiction that we do not believe will be realized. As a result, we recorded a valuation allowance of $716 against the net deferred tax assets in the third quarter of 2014. The amount of the deferred tax assets considered realizable, however, could be adjusted during the carryforward period if positive evidence such as current and expected future taxable income outweighs negative evidence.
	In January 2013, the United States Congress authorized, and the President signed into law, changes to the U. S. income tax laws which were retroactive to January 1, 2012. However, since these changes were enacted in 2013, the financial statement benefit of such legislation could not be reflected until the first quarter of 2013. The $914 tax benefit that we recognized in the first quarter of 2013 had a significant favorable impact on our first quarter and first half of 2013 effective tax rate. During the second quarter of 2013, we recorded a one-time tax expense of $430 associated with a German tax audit settlement. This non-recurring adjustment had a significant unfavorable impact on our second quarter and first half 2013 effective tax rate.
	Earnings Per Share
	Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our restricted stock awards (“RSAs”), are considered participating securities for purposes of calculating earnings per share (“EPS”) and require the use of the two class method for calculating EPS.  Under this method, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of EPS allocated to common stock, as shown in the table below.
	Computation and reconciliation of earnings per common share are as follows:
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Numerator:
	Income from continuing operations	$	2,478		$	3,355		$	7,098		$	6,835
	Less income allocated to RSAs	(54		)	(59		)	(147		)	(115		)
	Income from continuing operations allocated to common stock for EPS calculation	2,424			3,296			6,951			6,720
	Income (loss) from discontinued operations	20			256			(77		)	473
	Net income allocated to common stock for EPS calculation	$	2,444		$	3,552		$	6,874		$	7,193
	Denominator:
	Weighted average common shares outstanding - basic	13,686,200			13,540,394			13,673,637			13,528,880
	Dilutive stock-based compensation plans	1,525			4,271			5,060			4,093
	Weighted average common shares outstanding - diluted	13,687,725			13,544,665			13,678,697			13,532,973
	Income (loss) per share - Basic:
	Continuing operations	$	0.18		$	0.24		$	0.51		$	0.49
	Discontinued operations	—			0.02			(0.01		)	0.03
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.26		$	0.5		$	0.52
	Income (loss) per share - Diluted:
	Continuing operations	$	0.18		$	0.24		$	0.51		$	0.49
	Discontinued operations	—			0.02			(0.01		)	0.03
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.26		$	0.5		$	0.52
	Fair Value of Financial Instruments
	The carrying value of cash and cash equivalents, trade accounts receivable and payable, accrued expenses, lines of credit and other debt approximate their fair value.
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued an accounting standards update to clarify the principles of recognizing revenue and to develop a common revenue standard and disclosure requirements for U.S. GAAP and IFRS. The pronouncement is effective for reporting periods beginning after December 15, 2016. The adoption of this update is not expected to have a significant impact on our financial statements.
	In April 2014, the FASB issued an accounting standards update which changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. The pronouncement is effective for reporting periods beginning after December 15, 2014, however, early adoption is permitted. DMC has not elected to early adopt this pronouncement.

INVENTORIES

INVENTORIES	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
INVENTORIES	'
	INVENTORIES
	Inventories are stated at the lower-of-cost (first-in, first-out) or market value. Cost elements included in inventory are material, labor, subcontract costs, and manufacturing overhead. As necessary, we record provisions and maintain reserves for excess, slow moving and obsolete inventory. To determine reserve amounts, we regularly review inventory quantities on hand and values, and compare them to estimates of future product demand, market conditions, production requirements and technological developments.
	Comprehensive reviews of DynaEnergetics' inventories were performed throughout 2013 to identify potentially excess, slow moving and obsolete inventory items. These reviews reflected management's efforts to reduce overall inventory levels and rationalize product line offerings. Additionally, our estimate for reserving, or writing-off, inventory changed from a combination of qualitative and quantitative considerations to a more specific quantitative analysis whereby inventory items which have not had sales for a certain duration are written-off after a prescribed period.
	In 2013 we changed our inventory management philosophy and intended to aggressively reduce our investment in inventory. In connection with this philosophy, in the third quarter 2013 we identified certain slow-moving and obsolete inventories and therefore revised our assumptions for calculating estimated inventory reserves, resulting in a change in estimate. We determined that our September 30, 2013 inventory reserves for our DynaEnergetics business segment should be increased by $1,245 to adequately provide for estimated requirements and recorded corresponding expense of $1,245 ($895, net of tax) in cost of products sold in our third quarter 2013 condensed consolidated statement of operations. The impact of this change in estimate reduced earnings per share by $0.06 per share (basic and diluted) for the three and nine months ended September 30, 2013.
	Inventories consist of the following at September 30, 2014 and December 31, 2013 and include reserves of $2,161 and $1,729, respectively:
		September 30,		December 31,
		2014		2013
	Raw materials	$	16,461	$	13,119
	Work-in-process	8,773		9,985
	Finished goods	16,137		17,273
	Supplies	475		814
		$	41,846	$	41,191

GOODWILL

GOODWILL	9 Months Ended
	Sep. 30, 2014
GOODWILL DISCLOSURE ABSTRACT	'
GOODWILL	'
	GOODWILL
	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			Oilfield Products			Total
	Goodwill balance at December 31, 2013	$	22,238		$	15,732		$	37,970
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	(265		)	(455		)	(720		)
	Adjustment due to exchange rate differences	(1,662		)	(1,206		)	(2,868		)
	Goodwill balance at September 30, 2014	$	20,311		$	14,071		$	34,382

PURCHASED_INTANGIBLE_ASSETS

PURCHASED INTANGIBLE ASSETS	9 Months Ended
	Sep. 30, 2014
PURCHASED INTANGIBLE ASSETS DISCLOSURE ABSTRACT	'
PURCHASED INTANGIBLE ASSETS	'
	PURCHASED INTANGIBLE ASSETS
	The following table presents details of our purchased intangible assets, other than goodwill, as of September 30, 2014:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	21,567	$	(7,410	)	$	14,157
	Customer relationships	42,240		(27,563		)	14,677
	Trademarks / Trade names	2,312		(1,743		)	569
	Total intangible assets	$	66,119	$	(36,716	)	$	29,403
	The following table presents details of our purchased intangible assets, other than goodwill, as of December 31, 2013:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	23,391	$	(7,155	)	$	16,236
	Customer relationships	45,269		(25,813		)	19,456
	Trademarks / Trade names	2,510		(1,744		)	766
	Total intangible assets	$	71,170	$	(34,712	)	$	36,458
	The change in the gross value of our purchased intangible assets from December 31, 2013 to September 30, 2014 was due to foreign currency translation.

CUSTOMER_ADVANCES

CUSTOMER ADVANCES	9 Months Ended
	Sep. 30, 2014
CUSTOMER ADVANCES DISCLOSURE ABSTRACT	'
CUSTOMER ADVANCES	'
	CUSTOMER ADVANCES
	On occasion, we require customers to make advance payments prior to the shipment of goods in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.  As of September 30, 2014 and December 31, 2013, customer advances totaled $2,364 and $1,019, respectively, and originated from several customers.

DEBT

DEBT	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
DEBT	'
	DEBT
	Lines of credit consisted of the following at September 30, 2014 and December 31, 2013:
		September 30,			December 31,
		2014			2013
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	26,000		$	26,400
	German Bank line of credit	—			2,856
		26,000			29,256
	Less current portion	—			(2,856		)
	Long-term lines of credit	$	26,000		$	26,400
	Other debt consisted of the following at September 30, 2014 and December 31, 2013:
		September 30,			December 31,
		2014			2013
	Loans with former owners of LRI	$	4		$	51
	Less current maturities	(4		)	(51		)
	Other long-term debt	$	—		$	—
	Loan Covenants and Restrictions
	Our existing loan agreements include various covenants and restrictions, certain of which relate to the payment of dividends or other distributions to stockholders; redemption of capital stock; incurrence of additional indebtedness; mortgaging, pledging or disposition of major assets; and maintenance of specified financial ratios.  As of September 30, 2014, we were in compliance with all financial covenants and other provisions of our debt agreements.

BUSINESS_SEGMENTS

BUSINESS SEGMENTS	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
BUSINESS SEGMENTS	'
	BUSINESS SEGMENTS
	Our business is organized in the following two segments:  NobelClad and Oilfield Products. The NobelClad segment uses explosives to perform metal cladding and shock synthesis of industrial diamonds. The most significant product of this group is clad metal which is used in the fabrication of pressure vessels, heat exchangers, and transition joints for various industries, including upstream oil and gas, oil refinery, petrochemicals, hydrometallurgy, aluminum production, shipbuilding, power generation, industrial refrigeration, and similar industries.  The Oilfield Products segment manufactures, markets and sells oilfield perforating equipment and explosives, including detonating cords, detonators, bi-directional boosters and shaped charges, and seismic related explosives and accessories.  Oilfield Products also utilizes a number of welding technologies to weld components for manufacturers of jet engine and ground-based turbines.
	Prior to 2014, we were organized into three segments. At the beginning of 2014 management approved a change in operating structure whereby AMK will operate within and be managed as part of the Oilfield Products business segment. Consequently, we combined AMK and DynaEnergetics into one reportable business segment, Oilfield Products. AMK represented 3% of segment assets, 4% of consolidated sales and 2% of segment operating income as of and for the year then ended December 31, 2013. All prior periods segment disclosures have been restated to conform to the 2014 presentation.
	Due to the completed sale of AMK, as of September 30, 2014 the operating results of AMK have been classified as discontinued operations in all periods presented. All prior periods segment disclosures have been restated to conform to the 2014 presentation. Refer to Footnote 10 Subsequent Events for further details.
	The accounting policies of all of the segments are the same as those described in the summary of significant accounting policies included herein and in our Annual Report on Form 10-K for the year ended December 31, 2013.  Our reportable segments are separately managed strategic business units that offer different products and services. Each segment’s products are marketed to different customer types and require different manufacturing processes and technologies.
	Segment information is presented for the three and nine months ended September 30, 2014 and 2013 as follows:
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Net sales:
	NobelClad	$	23,607		$	30,407		$	74,402		$	88,977
	Oilfield Products	28,279			21,924			76,164			63,743
	Consolidated net sales	$	51,886		$	52,331		$	150,566		$	152,720
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Income before income taxes:
	NobelClad	$	1,883		$	5,562		$	6,382		$	13,251
	Oilfield Products	3,778			1,635			10,854			5,341
	Segment operating income	5,661			7,197			17,236			18,592
	Unallocated corporate expenses	(1,321		)	(1,378		)	(4,440		)	(6,042		)
	Stock-based compensation	(974		)	(628		)	(2,565		)	(2,685		)
	Other income (expense)	472			(247		)	369			(372		)
	Interest expense	(137		)	(129		)	(420		)	(484		)
	Interest income	1			1			6			5
	Income before income taxes, discontinued operations and non-controlling interest	$	3,702		$	4,816		$	10,186		$	9,014
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Depreciation and amortization:
	NobelClad	$	1,681		$	1,538		$	5,095		$	4,461
	Oilfield Products	1,720			1,464			5,119			4,277
	Segment depreciation and amortization	$	3,401		$	3,002		$	10,214		$	8,738
	During the three and nine months ended September 30, 2014, no one customer accounted for more than 10% of total net sales.  During the three months ended September 30, 2013, sales to one customer accounted for $5,675 (10.5%) of total net sales. During the nine months ended September 30, 2013, no one customer accounted for more than 10% of total net sales.

RETIREMENT_EXPENSES

RETIREMENT EXPENSES	9 Months Ended
	Sep. 30, 2014
Compensation Related Costs [Abstract]	'
RETIREMENT EXPENSES	'
	RETIREMENT EXPENSES
	During the first quarter of 2013 and, as a result of board actions taken in January 2013, we recorded a one-time expense of $2,965 associated with management retirements, the majority of which relates to the March 1, 2013 retirement of Yvon Cariou, our former President and Chief Executive Officer.  This expense included $894 of stock-based compensation, with the remainder representing cash payments.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
SUBSEQUENT EVENTS	'
	SUBSEQUENT EVENTS
	Sale of AMK Technical Services
	On October 1, 2014 DMC completed the sale of its AMK Technical Services business. The sales price was $6,750, subject to final purchase price adjustments, and was financed through $4,250 in cash consideration and the issuance of a $2,500 90-day secured promissory note to the Company. The excess of the selling price over the carrying value will be recorded in our Statement of Operations in the fourth quarter 2014. The operating results of AMK Technical Services have been classified as discontinued operations in all periods presented.
	Operating results of the discontinued operations (formerly included in the Oilfield Products segment) for the three and nine months ended September 30, 2014 and 2013 are summarized as follows:
		Three months ended September 30,		Nine months ended September 30,
		2014	2013	2014		2013
	Net sales	1,563	1,937	4,540		5,676
	Income (loss) from operations	37	270	(76	)	553
	Tax provision	17	14	1		80
	Income (loss) from operations, net of tax	20	256	(77	)	473
	The assets and liabilities of AMK Technical Services have been reflected in assets and liabilities held for sale in the Condensed Consolidated Balance Sheet as of September 30, 2014 and December 31, 2013 and are comprised of the following:
		September 30,	December 31,
		2014	2013
	Cash	167	19
	Accounts receivable	818	930
	Inventory	505	359
	Prepaid expenses and other	58	6
	Current deferred tax assets	27	67
	Property, plant and equipment, net	4,436	4,801
	Noncurrent deferred tax assets	—	117
	Total assets	6,011	6,299
	Accounts payable	148	101
	Accrued expenses	59	63
	Accrued employee compensation	208	254
	Customer advances	6	6
	Noncurrent deferred tax liabilities	300	402
	Total liabilities	721	826
	Purchase of Property and Restructuring Announcement
	On October 23, 2014 we signed an agreement to purchase a $14,000 manufacturing facility in the Siegerland region of Germany.  The facility will significantly enhance NobelClad’s manufacturing capabilities and its ability to serve customers throughout Europe, the Middle East and Africa.  We expect the plant will be open by next year’s second quarter.
	NobelClad's European management has commenced discussions with local staff representatives and social partners to develop and implement a European consolidation plan, which we believe will generate annual after-tax savings of approximately $2,000. Restructuring charges, including social costs, equipment relocation, and other exit costs, are expected to range from $3,000 - $5,000.

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Dynamic Materials Corporation (“DMC”) and its controlled subsidiaries.  Only subsidiaries in which controlling interests are maintained are consolidated.  All significant intercompany accounts, profits, and transactions have been eliminated in consolidation.
Income Taxes	'
	Income Taxes
	The effective tax rate for each of the periods reported differs from the U.S. statutory rate due primarily to favorable foreign permanent differences, variation in contribution to consolidated pre-tax income from each jurisdiction for the respective periods and differences between the U.S. and foreign tax rates (which range from 20% to 35%) on earnings that have been permanently reinvested.
	We assess the available positive and negative evidence to estimate if sufficient future taxable income will be generated to use existing deferred tax assets. A significant piece of objective negative evidence to be evaluated in this assessment is whether there is a three-year cumulative loss incurred in jurisdictions where there are deferred tax assets. We have incurred a three-year cumulative loss in one foreign jurisdiction resulting in local tax loss carryforwards with no expiration date. We also have cumulative tax loss carryforwards in another jurisdiction that we do not believe will be realized. As a result, we recorded a valuation allowance of
Earnings Per Share	'
	Earnings Per Share
	Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our restricted stock awards (“RSAs”), are considered participating securities for purposes of calculating earnings per share (“EPS”) and require the use of the two class method for calculating EPS.  Under this method, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of EPS allocated to common stock
Fair Value of Financial Instruments	'
	Fair Value of Financial Instruments
	The carrying value of cash and cash equivalents, trade accounts receivable and payable, accrued expenses, lines of credit and other debt approximate their fair value.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	In May 2014, the Financial Accounting Standards Board ("FASB") issued an accounting standards update to clarify the principles of recognizing revenue and to develop a common revenue standard and disclosure requirements for U.S. GAAP and IFRS. The pronouncement is effective for reporting periods beginning after December 15, 2016. The adoption of this update is not expected to have a significant impact on our financial statements.
	In April 2014, the FASB issued an accounting standards update which changes the criteria for determining which disposals can be presented as discontinued operations and modifies related disclosure requirements. The pronouncement is effective for reporting periods beginning after December 15, 2014, however, early adoption is permitted. DMC has not elected to early adopt this pronouncement.
Inventory	'
	Inventories are stated at the lower-of-cost (first-in, first-out) or market value. Cost elements included in inventory are material, labor, subcontract costs, and manufacturing overhead. As necessary, we record provisions and maintain reserves for excess, slow moving and obsolete inventory. To determine reserve amounts, we regularly review inventory quantities on hand and values, and compare them to estimates of future product demand, market conditions, production requirements and technological developments.
Customer Advances	'
	On occasion, we require customers to make advance payments prior to the shipment of goods in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	9 Months Ended
	Sep. 30, 2014
Accounting Policies [Abstract]	'
Schedule of computation and reconciliation of earnings per common share	'
	Computation and reconciliation of earnings per common share are as follows:
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Numerator:
	Income from continuing operations	$	2,478		$	3,355		$	7,098		$	6,835
	Less income allocated to RSAs	(54		)	(59		)	(147		)	(115		)
	Income from continuing operations allocated to common stock for EPS calculation	2,424			3,296			6,951			6,720
	Income (loss) from discontinued operations	20			256			(77		)	473
	Net income allocated to common stock for EPS calculation	$	2,444		$	3,552		$	6,874		$	7,193
	Denominator:
	Weighted average common shares outstanding - basic	13,686,200			13,540,394			13,673,637			13,528,880
	Dilutive stock-based compensation plans	1,525			4,271			5,060			4,093
	Weighted average common shares outstanding - diluted	13,687,725			13,544,665			13,678,697			13,532,973
	Income (loss) per share - Basic:
	Continuing operations	$	0.18		$	0.24		$	0.51		$	0.49
	Discontinued operations	—			0.02			(0.01		)	0.03
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.26		$	0.5		$	0.52
	Income (loss) per share - Diluted:
	Continuing operations	$	0.18		$	0.24		$	0.51		$	0.49
	Discontinued operations	—			0.02			(0.01		)	0.03
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.26		$	0.5		$	0.52

INVENTORIES_Tables

INVENTORIES (Tables)	9 Months Ended
	Sep. 30, 2014
Inventory Disclosure [Abstract]	'
Schedule of components of inventory	'
	Inventories consist of the following at September 30, 2014 and December 31, 2013 and include reserves of $2,161 and $1,729, respectively:
		September 30,		December 31,
		2014		2013
	Raw materials	$	16,461	$	13,119
	Work-in-process	8,773		9,985
	Finished goods	16,137		17,273
	Supplies	475		814
		$	41,846	$	41,191

GOODWILL_Tables

GOODWILL (Tables)	9 Months Ended
	Sep. 30, 2014
GOODWILL DISCLOSURE ABSTRACT	'
Schedule of changes to the carrying amount of goodwill	'
	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			Oilfield Products			Total
	Goodwill balance at December 31, 2013	$	22,238		$	15,732		$	37,970
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	(265		)	(455		)	(720		)
	Adjustment due to exchange rate differences	(1,662		)	(1,206		)	(2,868		)
	Goodwill balance at September 30, 2014	$	20,311		$	14,071		$	34,382

PURCHASED_INTANGIBLE_ASSETS_Ta

PURCHASED INTANGIBLE ASSETS (Tables)	9 Months Ended
	Sep. 30, 2014
PURCHASED INTANGIBLE ASSETS DISCLOSURE ABSTRACT	'
Schedule of details of purchased intangible assets, other than goodwill	'
	The following table presents details of our purchased intangible assets, other than goodwill, as of September 30, 2014:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	21,567	$	(7,410	)	$	14,157
	Customer relationships	42,240		(27,563		)	14,677
	Trademarks / Trade names	2,312		(1,743		)	569
	Total intangible assets	$	66,119	$	(36,716	)	$	29,403
	The following table presents details of our purchased intangible assets, other than goodwill, as of December 31, 2013:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	23,391	$	(7,155	)	$	16,236
	Customer relationships	45,269		(25,813		)	19,456
	Trademarks / Trade names	2,510		(1,744		)	766
	Total intangible assets	$	71,170	$	(34,712	)	$	36,458

DEBT_Tables

DEBT (Tables)	9 Months Ended
	Sep. 30, 2014
Debt Disclosure [Abstract]	'
Schedule of lines of credit	'
	Lines of credit consisted of the following at September 30, 2014 and December 31, 2013:
		September 30,			December 31,
		2014			2013
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	26,000		$	26,400
	German Bank line of credit	—			2,856
		26,000			29,256
	Less current portion	—			(2,856		)
	Long-term lines of credit	$	26,000		$	26,400
Schedule of long-term debt	'
	Other debt consisted of the following at September 30, 2014 and December 31, 2013:
		September 30,			December 31,
		2014			2013
	Loans with former owners of LRI	$	4		$	51
	Less current maturities	(4		)	(51		)
	Other long-term debt	$	—		$	—

BUSINESS_SEGMENTS_Tables

BUSINESS SEGMENTS (Tables)	9 Months Ended
	Sep. 30, 2014
Segment Reporting [Abstract]	'
Schedule of segment information	'
	Segment information is presented for the three and nine months ended September 30, 2014 and 2013 as follows:
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Net sales:
	NobelClad	$	23,607		$	30,407		$	74,402		$	88,977
	Oilfield Products	28,279			21,924			76,164			63,743
	Consolidated net sales	$	51,886		$	52,331		$	150,566		$	152,720
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Income before income taxes:
	NobelClad	$	1,883		$	5,562		$	6,382		$	13,251
	Oilfield Products	3,778			1,635			10,854			5,341
	Segment operating income	5,661			7,197			17,236			18,592
	Unallocated corporate expenses	(1,321		)	(1,378		)	(4,440		)	(6,042		)
	Stock-based compensation	(974		)	(628		)	(2,565		)	(2,685		)
	Other income (expense)	472			(247		)	369			(372		)
	Interest expense	(137		)	(129		)	(420		)	(484		)
	Interest income	1			1			6			5
	Income before income taxes, discontinued operations and non-controlling interest	$	3,702		$	4,816		$	10,186		$	9,014
		Three months ended September 30,						Nine months ended September 30,
		2014			2013			2014			2013
	Depreciation and amortization:
	NobelClad	$	1,681		$	1,538		$	5,095		$	4,461
	Oilfield Products	1,720			1,464			5,119			4,277
	Segment depreciation and amortization	$	3,401		$	3,002		$	10,214		$	8,738

SUBSEQUENT_EVENTS_Tables

SUBSEQUENT EVENTS (Tables)	9 Months Ended
	Sep. 30, 2014
Subsequent Events [Abstract]	'
Schedule of operating results of discontinued operations and assets and liabilities held for sale	'
	Operating results of the discontinued operations (formerly included in the Oilfield Products segment) for the three and nine months ended September 30, 2014 and 2013 are summarized as follows:
		Three months ended September 30,		Nine months ended September 30,
		2014	2013	2014		2013
	Net sales	1,563	1,937	4,540		5,676
	Income (loss) from operations	37	270	(76	)	553
	Tax provision	17	14	1		80
	Income (loss) from operations, net of tax	20	256	(77	)	473
	The assets and liabilities of AMK Technical Services have been reflected in assets and liabilities held for sale in the Condensed Consolidated Balance Sheet as of September 30, 2014 and December 31, 2013 and are comprised of the following:
		September 30,	December 31,
		2014	2013
	Cash	167	19
	Accounts receivable	818	930
	Inventory	505	359
	Prepaid expenses and other	58	6
	Current deferred tax assets	27	67
	Property, plant and equipment, net	4,436	4,801
	Noncurrent deferred tax assets	—	117
	Total assets	6,011	6,299
	Accounts payable	148	101
	Accrued expenses	59	63
	Accrued employee compensation	208	254
	Customer advances	6	6
	Noncurrent deferred tax liabilities	300	402
	Total liabilities	721	826

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended			9 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Income Taxes	'	'	'	'	'
Foreign tax rate, low end of range (as a percent)	'	'	'	20.00%	'
Foreign tax rate, high end of range (as a percent)	'	'	'	35.00%	'
Increase in valuation allowance for deferred tax assets	$716	'	'	'	'
Financial statement benefit from change in federal tax laws	'	'	'	'	914
One-time tax expense associated with German tax audit settlement	'	'	430	'	'
Numerator:	'	'	'	'	'
Income from continuing operations	2,478	3,355	'	7,098	6,835
Less income allocated to RSAs	-54	-59	'	-147	-115
Income from continuing operations allocated to common stock for EPS calculation	2,424	3,296	'	6,951	6,720
Income (loss) from discontinued operations	20	256	'	-77	473
Net income allocated to common stock for EPS calculation	$2,444	$3,552	'	$6,874	$7,193
Denominator:	'	'	'	'	'
Weighted average common shares outstanding - basic (in shares)	13,686,200	13,540,394	'	13,673,637	13,528,880
Dilutive stock-based compensation plans (in shares)	1,525	4,271	'	5,060	4,093
Weighted average common shares outstanding - diluted (in shares)	13,687,725	13,544,665	'	13,678,697	13,532,973
Income (loss) per share - Basic:	'	'	'	'	'
Continuing operations (in dollars per share)	$0.18	$0.24	'	$0.51	$0.49
Discontinued operations (in dollars per share)	$0	$0.02	'	($0.01)	$0.03
Net income (in dollars per share)	$0.18	$0.26	'	$0.50	$0.52
Income (loss) per share - Diluted:	'	'	'	'	'
Continuing operations (in dollars per share)	$0.18	$0.24	'	$0.51	$0.49
Discontinued operations (in dollars per share)	$0	$0.02	'	($0.01)	$0.03
Net income (in dollars per share)	$0.18	$0.26	'	$0.50	$0.52

INVENTORIES_Details

INVENTORIES (Details) (USD $)	3 Months Ended	9 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2013	Sep. 30, 2014	Dec. 31, 2013
Segment information	'	'	'	'
Increase in inventory reserves, effect on basic earnings per share (in dollars per share)	($0.06)	($0.06)	'	'
Increase in inventory reserves, effect on diluted earnings per share (in dollars per share)	($0.06)	($0.06)	'	'
Inventory valuation reserves	'	'	$2,161	$1,729
Inventories	'	'	'	'
Raw materials	'	'	16,461	13,119
Work-in-process	'	'	8,773	9,985
Finished goods	'	'	16,137	17,273
Supplies	'	'	475	814
Total inventory	'	'	41,846	41,191
DynaEnergetics	'	'	'	'
Segment information	'	'	'	'
Increase in inventory reserves	1,245	'	'	'
Increase in inventory reserves, net of tax	$895	'	'	'

GOODWILL_Details

GOODWILL (Details) (USD $)	9 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014
Changes to the carrying amount of goodwill	'
Goodwill balance at the beginning of the period	$37,970
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-720
Adjustment due to exchange rate differences	-2,868
Goodwill balance at the end of the period	34,382
NobelClad	'
Changes to the carrying amount of goodwill	'
Goodwill balance at the beginning of the period	22,238
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-265
Adjustment due to exchange rate differences	-1,662
Goodwill balance at the end of the period	20,311
Oilfield Products	'
Changes to the carrying amount of goodwill	'
Goodwill balance at the beginning of the period	15,732
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-455
Adjustment due to exchange rate differences	-1,206
Goodwill balance at the end of the period	$14,071

PURCHASED_INTANGIBLE_ASSETS_De

PURCHASED INTANGIBLE ASSETS (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Purchased intangible assets	'	'
Gross	$66,119	$71,170
Accumulated Amortization	-36,716	-34,712
Net	29,403	36,458
Core technology	'	'
Purchased intangible assets	'	'
Gross	21,567	23,391
Accumulated Amortization	-7,410	-7,155
Net	14,157	16,236
Customer relationships	'	'
Purchased intangible assets	'	'
Gross	42,240	45,269
Accumulated Amortization	-27,563	-25,813
Net	14,677	19,456
Trademarks / Trade names	'	'
Purchased intangible assets	'	'
Gross	2,312	2,510
Accumulated Amortization	-1,743	-1,744
Net	$569	$766

CUSTOMER_ADVANCES_Details

CUSTOMER ADVANCES (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
CUSTOMER ADVANCES DISCLOSURE ABSTRACT	'	'
Customer advances	$2,364	$1,019

DEBT_Details

DEBT (Details) (USD $)	Sep. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Lines of credit	'	'
Total lines of credit	$26,000	$29,256
Less current portion	0	-2,856
Long-term lines of credit	26,000	26,400
U.S. Dollar revolving loan	'	'
Lines of credit	'	'
Total lines of credit	26,000	26,400
German Bank line of credit	'	'
Lines of credit	'	'
Total lines of credit	0	2,856
Loans with former owners of LRI	'	'
Long-term debt	'	'
Loans with former owners of LRI	4	51
Less current maturities	-4	-51
Other long-term debt	$0	$0

BUSINESS_SEGMENTS_Details

BUSINESS SEGMENTS (Details) (USD $)	3 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
			Segment		Segment
Segment information	'	'	'	'	'
Number of segments	'	'	2	'	3
Consolidated net sales	$51,886	$52,331	$150,566	$152,720	'
Income from operations	3,366	5,191	10,231	9,865	'
Unallocated amounts:	'	'	'	'	'
Unallocated corporate expenses	-1,321	-1,378	-4,440	-6,042	'
Stock-based compensation	-974	-628	-2,565	-2,685	'
Other income (expense)	472	-247	369	-372	'
Interest expense	-137	-129	-420	-484	'
Interest income	1	1	6	5	'
Income before income taxes, discontinued operations and non-controlling interest	3,702	4,816	10,186	9,014	'
Depreciation and amortization	3,401	3,002	10,214	8,738	'
Reportable Segments	'	'	'	'	'
Segment information	'	'	'	'	'
Income from operations	5,661	7,197	17,236	18,592	'
NobelClad	'	'	'	'	'
Segment information	'	'	'	'	'
Consolidated net sales	23,607	30,407	74,402	88,977	'
Income from operations	1,883	5,562	6,382	13,251	'
Unallocated amounts:	'	'	'	'	'
Depreciation and amortization	1,681	1,538	5,095	4,461	'
Oilfield Products	'	'	'	'	'
Segment information	'	'	'	'	'
Consolidated net sales	28,279	21,924	76,164	63,743	'
Income from operations	3,778	1,635	10,854	5,341	'
Unallocated amounts:	'	'	'	'	'
Depreciation and amortization	1,720	1,464	5,119	4,277	'
Customer Concentration Risk	'	'	'	'	'
Unallocated amounts:	'	'	'	'	'
Number of customers representing greater than 10% of total net sales	0	1	0	0	'
Sales concentration	'	$5,675	'	'	'
Segment assets | AMK Technical Services	'	'	'	'	'
Segment information	'	'	'	'	'
Concentration risk percentage	'	'	'	'	3.00%
Consolidated sales | AMK Technical Services	'	'	'	'	'
Segment information	'	'	'	'	'
Concentration risk percentage	'	'	'	'	4.00%
Consolidated sales | Customer Concentration Risk	'	'	'	'	'
Segment information	'	'	'	'	'
Concentration risk percentage	'	10.50%	'	'	'
Segment operating income | AMK Technical Services	'	'	'	'	'
Segment information	'	'	'	'	'
Concentration risk percentage	'	'	'	'	2.00%

RETIREMENT_EXPENSES_Details

RETIREMENT EXPENSES (Details) (USD $)	3 Months Ended		9 Months Ended		3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Mar. 31, 2013
					Former President and Chief Executive Officer [Member]
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]	'	'	'	'	'
Expenses associated with management retirements	'	'	'	'	$2,965
Stock-based compensation	$974	$628	$2,565	$2,685	$894

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)

3 Months Ended

9 Months Ended

3 Months Ended

9 Months Ended

0 Months Ended

0 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Dec. 31, 2013

Oct. 01, 2014

Oct. 01, 2014

Oct. 23, 2014

Oct. 28, 2014

Oct. 28, 2014

Oct. 28, 2014

AMK Technical Services

AMK Technical Services

AMK Technical Services

AMK Technical Services

AMK Technical Services

Subsequent Event

Subsequent Event

Scenario, Forecast

Facility Closing

Facility Closing

Facility Closing

AMK Technical Services

AMK Technical Services

Subsequent Event

Minimum

Maximum

Subsequent Event

Subsequent Event

Subsequent Event [Line Items]

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Sales price

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$6,750

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Cash consideration

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4,250

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'

Note receivable

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2,500

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Note receivable, term

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'90 days

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Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]

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'

'

'

'

'

'

'

'

'

'

'

'

'

Net sales

'

'

'

'

1,563

1,937

4,540

5,676

'

'

'

'

'

'

'

Income (loss) from operations

'

'

'

'

37

270

-76

553

'

'

'

'

'

'

'

Tax provision

'

'

'

'

17

14

1

80

'

'

'

'

'

'

'

Income (loss) from operations, net of tax

20

256

-77

473

20

256

-77

473

'

'

'

'

'

'

'

Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash

'

'

'

'

167

'

167

'

19

'

'

'

'

'

'

Accounts receivable

'

'

'

'

818

'

818

'

930

'

'

'

'

'

'

Inventory

'

'

'

'

505

'

505

'

359

'

'

'

'

'

'

Prepaid expenses and other

'

'

'

'

58

'

58

'

6

'

'

'

'

'

'

Current deferred tax assets

'

'

'

'

27

'

27

'

67

'

'

'

'

'

'

Property, plant and equipment, net

'

'

'

'

4,436

'

4,436

'

4,801

'

'

'

'

'

'

Noncurrent deferred tax assets

'

'

'

'

0

'

0

'

117

'

'

'

'

'

'

Total assets

'

'

'

'

6,011

'

6,011

'

6,299

'

'

'

'

'

'

Accounts payable

'

'

'

'

148

'

148

'

101

'

'

'

'

'

'

Accrued expenses

'

'

'

'

59

'

59

'

63

'

'

'

'

'

'

Accrued employee compensation

'

'

'

'

208

'

208

'

254

'

'

'

'

'

'

Customer advances

'

'

'

'

6

'

6

'

6

'

'

'

'

'

'

Noncurrent deferred tax liabilities

'

'

'

'

300

'

300

'

402

'

'

'

'

'

'

Total liabilities

'

'

'

'

721

'

721

'

826

'

'

'

'

'

'

Acquisition of property, plant and equipment

'

'

6,472

13,426

'

'

'

'

'

'

'

14,000

'

'

'

Expected restructuring charges

'

'

'

'

'

'

'

'

'

'

'

'

'

3,000

5,000

Restructuring, expected annual after-tax cash savings

'

'

'

'

'

'

'

'

'

'

'

'

$2,000

'

'