DMC Global (BOOM) 10-K 16 Mar 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Dec. 31, 2014	Mar. 13, 2015	Jun. 30, 2014
Document and Entity Information
Entity Registrant Name	DYNAMIC MATERIALS CORP
Entity Central Index Key	34067
Current Fiscal Year End Date	-19
Entity Filer Category	Accelerated Filer
Document Type	10-K
Document Period End Date	31-Dec-14
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		14,146,109
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$292,888,226

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
CURRENT ASSETS:
Cash and cash equivalents	$9,400	$14,932	$8,643	$9,131	$10,598	$9,333	$2,368	$8,246	$8,218	$5,318
Accounts receivable, net of allowance for doubtful accounts of $542 and $419, respectively	35,501	30,923	38,409	35,973	37,785	30,394	39,959	31,948
Inventory, net	40,101	42,126	45,887	43,052	41,191	41,384	45,190	46,491
Prepaid expenses and other	6,123	6,783	7,120	6,044	4,277	3,888	5,415	5,867
Current deferred tax assets	3,971	5,599	2,548	2,440	3,456	2,515	1,946	1,589
Assets held for sale	0	6,011	6,155	6,276	6,299	6,610	6,206	5,402
Total current assets	95,096	106,374	108,762	102,916	103,606	94,124	101,084	99,543
PROPERTY, PLANT AND EQUIPMENT	109,733	100,305	102,564	100,208	98,573	95,717	90,651	85,896
Less - accumulated depreciation	-45,898	-42,423	-42,018	-40,732	-38,358	-36,469	-35,010	-33,661
Property, plant and equipment, net	63,835	57,882	60,546	59,476	60,215	59,248	55,641	52,235
GOODWILL, net	32,762	34,382	37,161	37,689	37,970	37,553	36,447	36,125	37,431
PURCHASED INTANGIBLE ASSETS, net	26,734	29,403	32,939	34,597	36,458	37,646	38,121	39,428
DEFERRED TAX ASSETS	587	430	516	596	403	158	319	922
OTHER ASSETS, net	315	1,236	1,868	1,711	1,893	499	505	529
TOTAL ASSETS	219,329	229,707	241,792	236,985	240,545	229,228	232,117	228,782
CURRENT LIABILITIES:
Accounts payable	14,076	9,104	9,689	13,438	14,567	9,020	14,111	10,362
Accrued expenses	5,638	3,245	3,671	4,315	3,927	4,222	4,657	4,453
Dividend payable	559	559	559	557	550	550	549	547
Accrued income taxes	3,770	2,972	2,317	1,932	2,657	1,237	911	300
Accrued employee compensation and benefits	4,582	4,667	4,119	3,140	4,552	5,346	4,338	3,778
Customer advances	3,510	2,364	2,617	2,996	1,019	1,387	4,758	1,378
Current debt obligations	0	4	20	516	2,907	65	63	64
Current deferred tax liabilities	373	435	417	404	435	274	155	155
Liabilities related to assets held for sale	0	721	742	758	826	765	820	543
Total current liabilities	32,508	24,076	24,156	28,066	31,440	22,899	30,407	21,630
LINES OF CREDIT	22,782	26,000	31,800	26,900	26,400	25,550	28,843	38,256
DEFERRED TAX LIABILITIES	7,003	9,507	7,740	7,724	7,795	7,842	7,404	7,323
OTHER LONG-TERM LIABILITIES	2,121	1,988	2,058	2,018	1,881	1,755	1,668	1,582
Total liabilities	64,414	61,575	65,760	64,715	67,516	58,051	68,342	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	0	0	0	0	0	0	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,997,076 and 13,772,324 shares issued and outstanding, respectively	700	699	699	698	689	688	688	684
Additional paid-in capital	67,088	65,914	64,950	63,690	62,934	62,099	61,530	60,682
Retained earnings	113,723	117,857	116,077	114,320	113,390	113,837	111,204	108,688
Other cumulative comprehensive loss	-26,596	-16,338	-5,694	-6,438	-3,984	-5,627	-9,772	-10,215
Total stockholders’ equity	154,915	168,132	176,032	172,270	173,029	170,997	163,650	159,839
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$219,329	$229,707	$241,792	$236,985	$240,545	$229,228	$232,117	$228,782

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$542	$599	$504	$459	$419	$340	$471	$440
Preferred stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Preferred stock, shares authorized	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000
Preferred stock, shares issued	0	0	0	0	0	0	0	0
Preferred stock, shares outstanding	0	0	0	0	0	0	0	0
Common stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Common stock, shares authorized	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000
Common stock, shares issued	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307
Common stock, shares outstanding	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Income Statement [Abstract]
NET SALES	$51,886	$51,911	$46,769	$49,339	$52,331	$55,554	$44,836	$98,680	$100,390	$150,566	$152,720	$202,561		$202,060		$192,737
COST OF PRODUCTS SOLD	36,803	36,013	32,055	36,495	36,229	39,155	32,047	68,067	71,203	104,871	107,431	141,142		143,926		135,085
Gross profit	15,083	15,898	14,714	12,844	16,102	16,399	12,789	30,613	29,187	45,695	45,289	61,419		58,134		57,652
COSTS AND EXPENSES:
General and administrative expenses	5,463	5,771	5,792	5,980	5,672	5,006	8,014	11,564	13,019	17,027	18,694	23,766		24,672		18,489
Selling and distribution expenses	4,639	4,733	4,223	4,138	3,658	4,310	4,030	8,956	8,340	13,596	11,997	18,104		16,136		16,954
Amortization of purchased intangible assets	1,575	1,617	1,616	1,614	1,581	1,568	1,585	3,232	3,153	4,808	4,734	6,103		6,348		6,210
Restructuring and impairment charges				0								6,781		0		0
Total costs and expenses	11,677	12,121	11,631	11,732	10,911	10,884	13,629	23,752	24,512	35,431	35,425	54,754		47,156		41,653
INCOME FROM OPERATIONS	3,406	3,777	3,083	1,112	5,191	5,515	-840	6,861	4,675	10,264	9,864	6,665		10,978		15,999
OTHER INCOME (EXPENSE):
Other income (expense), net	472	332	-435	-157	-247	-420	296	-103	-124	369	-371	-313		-528		-32
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484	-551		-648		-832
Interest income	1	1	5	2	1	1	3	5	4	6	5	38		7		13
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,742	3,936	2,544	793	4,816	4,913	-713	6,480	4,200	10,219	9,014	5,839		9,809		15,148
INCOME TAX PROVISION	1,420	1,839	741	698	1,838	2,141	-941	2,580	1,201	4,000	3,039	3,913		3,736		5,316
INCOME FROM CONTINUING OPERATIONS	2,322	2,097	1,803	95	2,978	2,772	228	3,900	2,999	6,219	5,975	1,926		6,073		9,832
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473	-77		478		943
Gain on sale of discontinued operations, net of tax				0								718		0		0
Income from discontinued operations				6								641		478		943
NET INCOME	2,342	2,316	1,487	101	3,233	3,082	135	3,803	3,216	6,142	6,448	2,567	[1]	6,551	[1]	10,775	[1]
Less: Net income (loss) attributable to non-controlling interest	0	0	0		49	15	28	0	43	0	92	0		92		-2
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$2,342	$2,316	$1,487		$3,184	$3,067	$107	$3,803	$3,173	$6,142	$6,356	$2,567		$6,459		$10,777
INCOME PER SHARE - BASIC:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
INCOME PER SHARE - DILUTED:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880	13,687,485		13,533,566		13,264,636
Diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973	13,689,707		13,537,525		13,268,713
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.08	$0.08	$0.12	$0.12	$0.16		$0.16		$0.16
[1]	Restated

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
Statement of Comprehensive Income [Abstract]
Net income including non-controlling interest	$2,342	$2,316	$1,487	$101	$3,233	$3,082	$135	$3,803	$3,216	$6,142	$6,448	$2,567	[1]	$6,551	[1]	$10,775	[1]
Change in cumulative foreign currency translation adjustment	-10,647	744	-2,454		4,150	443	-3,619	-1,710	-3,175	-12,354	976	-22,612	[1]	2,619	[1]	2,606	[1]
Total comprehensive income (loss)	-8,305	3,060	-967		7,383	3,525	-3,484	2,093	41	-6,212	7,424	-20,045		9,170		13,381
Comprehensive income attributable to non-controlling interest	0	0	0		55	16	25	0	41	0	96	0		96		1
Comprehensive income (loss) attributable to Dynamic Materials Corporation	($8,305)	$3,060	($967)		$7,328	$3,509	($3,509)	$2,093	$0	($6,212)	$7,328	($20,045)		$9,074		$13,380
[1]	Restated

CONSOLIDATED_STATEMENT_OF_STOC

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)		Total		Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]		Other Cumulative Comprehensive Loss [Member]		Non-Controlling Interest [Member]
In Thousands, except Share data, unless otherwise specified
Balances at Dec. 31, 2011		$148,043		$668	$55,983	$100,511		($9,202)		$83
Balances (in shares) at Dec. 31, 2011				13,367,169
Increase (Decrease) in Stockholders' Equity
Net income (loss)	[1]	10,775				10,777				-2
Change in cumulative foreign currency translation adjustment	[1]	2,606						2,603		3
Shares issued in connection with stock compensation plans		193		8	185
Shares issued in connection with stock compensation plans (in shares)				152,386
Tax impact of stock-based compensation		-453			-453
Stock-based compensation		4,443			4,443
Dividends declared		-2,160				-2,160
Balances at Dec. 31, 2012		163,447		676	60,158	109,128		-6,599		84
Balances (in shares) at Dec. 31, 2012				13,519,555
Increase (Decrease) in Stockholders' Equity
Net income (loss)	[1]	6,551				6,459				92
Change in cumulative foreign currency translation adjustment	[1]	2,619						2,615		4
Shares issued in connection with stock compensation plans		295		13	282
Shares issued in connection with stock compensation plans (in shares)				252,769
Tax impact of stock-based compensation		-907			-907
Stock-based compensation		3,401			3,401
Dividends declared		-2,197				-2,197
Acquisition of minority interest		-180								-180
Balances at Dec. 31, 2013		173,029		689	62,934	113,390		-3,984		0
Balances (in shares) at Dec. 31, 2013		13,772,324		13,772,324
Increase (Decrease) in Stockholders' Equity
Net income (loss)		2,567	[1]			2,567	[1]			0
Change in cumulative foreign currency translation adjustment		-22,612	[1]					-22,612	[1]	0
Shares issued in connection with stock compensation plans		359		11	348
Shares issued in connection with stock compensation plans (in shares)				224,752
Tax impact of stock-based compensation		106			106
Stock-based compensation		3,700			3,700
Dividends declared		-2,234				-2,234
Balances at Dec. 31, 2014		$154,915		$700	$67,088	$113,723		($26,596)		$0
Balances (in shares) at Dec. 31, 2014		13,997,076		13,997,076
[1]	Restated

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$2,567	[1]	$6,551	[1]	$10,775	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	77		-478		-943
Gain on sale of discontinued operations, net of tax	-718		0		0
Depreciation (including capital lease amortization)	7,051		5,920		5,018
Amortization of purchased intangible assets	6,103		6,348		6,210
Amortization of deferred debt issuance costs	102		102		124
Stock-based compensation	3,588		3,401		4,443
Excess tax benefit from stock-based compensation	-156		0		0
Deferred income tax benefit	-255		-521		-470
Loss on disposal of property, plant and equipment	12		50		0
Restructuring and impairment charges	6,781		756		0
Cash payments for restructuring charges	-305		0		0
Change in:
Accounts receivable, net	-427		-2,185		717
Inventory, net	-3,459		6,750		-2,380
Prepaid expenses and other	-3,004		89		551
Accounts payable	-932		2,228		-3,616
Customer advances	2,782		-360		-556
Accrued expenses and other liabilities	3,267		1,588		-409
Net cash flows provided by continuing operations	23,074		30,239		19,464
Net cash flows provided by discontinued operations	239		1,777		1,092
Net cash provided by operating activities	23,313		32,016		20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-21,403		-16,223		-15,133
Net proceeds on sale of AMK Technical Services	6,830		0		0
Acquisition of TRX Industries	0		0		-10,294
Acquisition of minority interest	0		-180		0
Change in other non-current assets	1,310		-489		-224
Net cash flows used in continuing operations	-13,263		-16,892		-25,651
Net cash flows used in discontinued operations	-120		-1,348		-514
Net cash used in investing activities	-13,383		-18,240		-26,165
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	-6,069		-9,592		12,174
Payment on loans with former owners of LRI	-50		-63		-1,176
Payment on capital lease obligations	-24		-40		-66
Payment of dividends	-2,226		-2,187		-2,155
Excess tax benefit from stock-based compensation	156		0		0
Other	359		295		-260
Net cash provided by (used in) financing activities	-7,854		-11,587		8,517
EFFECTS OF EXCHANGE RATES ON CASH	-3,274		191		-8
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,198		2,380		2,900
CASH AND CASH EQUIVALENTS, beginning of the period	10,598		8,218		5,318
CASH AND CASH EQUIVALENTS, end of the period	9,400		10,598		8,218
Cash paid during the period for -
Interest	514		631		746
Income taxes, net	$3,586		$1,938		$7,395
[1]	Restated

ORGANIZATION_AND_BUSINESS

ORGANIZATION AND BUSINESS	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
ORGANIZATION AND BUSINESS	ORGANIZATION AND BUSINESS
	Dynamic Materials Corporation (“DMC”) was incorporated in the state of Colorado in 1971 and reincorporated in the state of Delaware in 1997. DMC is headquartered in Boulder, Colorado and has manufacturing facilities in the United States, Germany, France, Canada and Russia.  Customers are located throughout the world. DMC currently operates under two business segments. In 2013 we branded our explosive metalworking operations under the single name NobelClad. Our NobelClad segment is comprised of our U.S. Clad operations as well as the assets and operations purchased in the Nobelclad Europe S.A. (“Nobelclad France”) and Dynaplat GmbH and Co. KG (“Dynaplat”) acquisitions. The NobelClad segment metallurgically joins or alters metals by using explosives. Our DynaEnergetics segment, which previously was included in the Oilfield Products segment with AMK Technical Services, is comprised entirely of DYNAenergetics GmbH and Co. KG (“DYNAenergetics”), its subsidiaries and sister companies. DynaEnergetics manufactures, markets, and sells oilfield perforating equipment and explosives.
	2012 Acquisition
	On January 3, 2012, we acquired the assets and operating business of Texas-based TRX Industries, Inc. (“TRX”), a manufacturer of perforating guns for our DynaEnergetics segment.  Our statements of operations include the results of the TRX acquisition from the January 3, 2012 closing date.  See Note 4 "Acquisitions" for additional disclosures regarding this acquisition.
	2014 sale of AMK Technical Services
	On October 1, 2014, DMC completed the sale of its AMK Technical Services ("AMK") business. The operating results of AMK have been classified as discontinued operations in all periods presented. See Note 11 "Discontinued Operations" for additional disclosures regarding this sale.
	NobelClad Restructuring
	On October 27, 2014, management announced a plan to restructure its NobelClad European operations. Clad metal plate production will be shifted from facilities in both Rivesaltes, France and Wurgendorf, Germany to the new manufacturing facility in Liebenscheid, Germany. See Note 12 "Restructuring" for additional disclosures regarding these restructuring plans.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation
	The consolidated financial statements include the accounts of 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.
	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
	Foreign Operations and Foreign Exchange Rate Risk
	The functional currency for our foreign operations is the applicable local currency for each affiliate company. Assets and liabilities of foreign subsidiaries for which the functional currency is the local currency are translated at exchange rates in effect at period-end, and the statements of operations are translated at the average exchange rates during the period.  Exchange rate fluctuations on translating foreign currency financial statements into U.S. dollars that result in unrealized gains or losses are referred to as translation adjustments. Cumulative translation adjustments are recorded as a separate component of stockholders’ equity and are included in other cumulative comprehensive income (loss). Transactions denominated in currencies other than the local currency are recorded based on exchange rates at the time such transactions arise. Subsequent changes in exchange rates result in transaction gains and losses, which are reflected in income as unrealized (based on period-end translations) or realized upon settlement of the transactions. Cash flows from our operations in foreign countries are translated at actual exchange rates when known, or at the average rate for the period. As a result, amounts related to assets and liabilities reported in the consolidated statements of cash flows will not agree to changes in the corresponding balances in the consolidated balance sheets. The effects of exchange rate changes on cash balances held in foreign currencies are reported as a separate line item below cash flows from financing activities.
	Cash and Cash Equivalents
	For purposes of the consolidated financial statements, we consider highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
	Accounts Receivable
	We review our accounts receivable balance routinely to identify any specific customers with collectability issues.  In circumstances where we are aware of a specific customer’s inability to meets its financial obligation to us, we record a specific allowance for doubtful accounts (with the offsetting expense charged to our statement of operations) against the amounts due reducing the net recognized receivable to the amount we estimate will be collected.
	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 movement for a certain duration are reserved against after a prescribed period.
	In 2013 we changed our inventory management philosophy and intend to aggressively reduce our investment in inventory. In connection with this philosophy, 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 December 31, 2013 inventory reserves for our DynaEnergetics business segment should be increased by $1,800 to adequately provide for estimated requirements and recorded corresponding expense of $1,800 ($1,218, net of tax) in cost of products sold in our 2013 consolidated statement of operations. The impact of this change in estimate reduced earnings per share by $0.09 per share (basic and diluted) for the year ended December 31, 2013. Inventory reserves in 2014 increased by $1,146 and resulted in expense recognized of $1,287.
	Inventories, net of reserves of $3,117 and $1,729 and most of which related to finished goods, consist of the following at December 31, 2014 and 2013 respectively:
		2014			2013
	Raw materials	$	15,208		$	13,119
	Work-in-process	11,528			9,985
	Finished goods	12,782			17,273
	Supplies	583			814
		$	40,101		$	41,191
	Shipping and handling costs incurred by us upon shipment to customers are included in cost of products sold in the accompanying consolidated statements of operations.
	Property, Plant and Equipment
	Property, plant and equipment are recorded at cost, except for assets acquired in acquisitions which are recorded at fair value. Additions, improvements, and betterments are capitalized. Maintenance and repairs are charged to operations as the costs are incurred.  Depreciation is computed using the straight-line method over the estimated useful life of the related asset (except leasehold improvements which are depreciated over the shorter of their estimated useful life or the lease term) as follows:
	Buildings and improvements	15-30 years
	Manufacturing equipment and tooling	3-15 years
	Furniture, fixtures, and computer equipment	3-10 years
	Other	3-10 years
	Gross property, plant and equipment consist of the following at December 31, 2014 and 2013:
			2014			2013
	Land		$	3,344		$	2,693
	Buildings and improvements		39,489			31,774
	Manufacturing equipment and tooling		40,433			37,844
	Furniture, fixtures and computer equipment		14,813			14,079
	Other		3,425			4,909
	Construction in process		$	8,229		$	7,274
			$	109,733		$	98,573
	Asset Impairments
	Finite-lived assets are tested for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable. We compare the expected undiscounted future operating cash flows associated with these finite-lived assets to their respective carrying values to determine if they are fully recoverable when indicators of impairment are present. If the expected future operating cash flows of an asset are not sufficient to recover the carrying value, we estimate the fair value of the asset. Impairment is recognized when the carrying amount of the asset is not recoverable and when carrying value exceeds fair value. Long-lived assets to be disposed of, if any, are reported at the lower of carrying amount or fair value less cost to sell.
	For the year ended December 31, 2014, we recognized an impairment charge of approximately $3,946 (recorded in Restructuring expenses) associated with the restructuring of our NobelClad Europe operations. The impairment charges are primarily associated with the Wurgendorf, Germany facility and leasehold improvements at a leased facility in France, both of which are being closed under the restructuring program (See Note 12 "Restructuring"). The impairment of the facility in Germany was determined by a third-party appraiser using a combination of the cost and sales comparison approach, which are fair value techniques in accordance with Financial Accounting Standards Board ("FASB") ASC Section 820 Fair Value Measurements and Disclosures. For the year ended December 31, 2013 we recognized an impairment loss of approximately $756 (recorded in G&A expenses) associated with implementation costs for a systems implementation project at our Russian and Kazakhstan locations within our DynaEnergetics segment. We had subsequently made the strategic decision to abandon this system implementation project and, therefore, the impairment loss recognized represents writing down the carrying amount of this asset to zero. There were no asset impairments for the year ending December 31, 2012.
	Goodwill
	Goodwill represents the excess of the purchase price in a business combination over the fair value of the net tangible and intangible assets acquired. The carrying value of goodwill is periodically reviewed for impairment (at a minimum annually) and whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Examples of such events or changes in circumstances, many of which are subjective in nature, include significant negative industry or economic trends, significant changes in the manner of our use of the acquired assets or our strategy, a significant decrease in the market value of the asset, and a significant change in legal factors or in the business climate that could affect the value of the asset.
	Our reporting units for goodwill impairment testing are currently the same as our reportable business segments: NobelClad and DynaEnergetics. Each business segment represents separately managed strategic business units and our chief operating decision maker reviews financial results and evaluates operating performance at this level.
	Goodwill impairment testing is performed annually as of December 31 for our NobelClad and DynaEnergetics reporting units. We utilize an income approach (discounted cash flow analysis) to determine the fair value of each reporting unit. We believe the discounted cash flow approach is the most reliable indicator of fair value for our reporting units. The key assumptions used in the discounted cash flows for both reporting units include, among other measures, expected future sales, operating income, working capital and capital expenditures. Discount rates are determined using a peer-based, risk-adjusted weighted average cost of capital. Our approach also includes reviewing for reasonableness the total market capitalization of the Company as of December 31 to the sum of the discounted cash flows for the combined reporting units. No impairment of goodwill was identified in connection with our 2014 annual goodwill impairment tests as our estimated fair values substantially exceeded the carrying values for both reporting units. In 2013, we performed our goodwill impairment testing using a qualitative assessment for NobelClad and a quantitative assessment for DynaEnergetics. There was no impairment identified as part of our 2013 annual goodwill impairment tests. A future impairment is possible and could occur if (i) operating results underperform what we have estimated or (ii) additional volatility of the capital markets or other factors negatively impact our expectations of future results and or cause us to raise the discount rate percentage utilized in our discounted cash flow analysis. While we believe our most recent estimates were appropriate based on our view of then current business trends, no assurance can be provided that impairment charges will not be required in the future.
	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			DynaEnergetics			Total
	Goodwill balance at December 31, 2012	$	21,734		$	15,697		$	37,431
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	$	(353	)	$	(598	)	$	(951	)
	Adjustment due to exchange rate differences	$	857		$	633		$	1,490
	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	(318		)	(547		)	(865		)
	Adjustment due to exchange rate differences	(2,502		)	(1,841		)	(4,343		)
	Goodwill balance at December 31, 2014	$	19,418		$	13,344		$	32,762
	All of the goodwill shown above, which is primarily in Germany, is amortizable goodwill for tax purposes.
	Purchased Intangible Assets
	Our purchased intangible assets include core technology, customer relationships and trademarks/trade names.  Impairment, if any, is calculated based upon our evaluation whereby, estimated undiscounted future cash flows associated with these assets or operations are compared with their carrying value to determine if a write-down to fair value is required if impairment indicators are present.  Finite lived intangible assets are amortized over the estimated useful life of the related assets which have a weighted average amortization period of 12 years in total.
	The weighted average amortization periods of the intangible assets by asset category are as follows:
	Core technology	20 years
	Customer relationships	9 years
	Trademarks / Trade names	9 years
	The following table presents details of our purchased intangible assets, other than goodwill, as of December 31, 2014:
		Gross			Accumulated			Net
					Amortization
Core technology	$	20,667		$	(7,360	)	$	13,307
Customer relationships	40,195			(27,270		)	12,925
Trademarks / Trade names	2,216			(1,714		)	502
Total intangible assets	$	63,078		$	(36,344	)	$	26,734
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 December 31, 2014 is due solely to the impact of foreign currency translation adjustments.
Expected future amortization of intangible assets is as follows:
For the years ended December 31 -
2015	$	4,285
2016	4,285
2017	4,263
2018	3,026
2019	1,692
Thereafter	9,183
	$	26,734
Other Assets
Included in other assets are net deferred debt issuance costs of $203 and $305 as of December 31, 2014 and 2013, respectively.  On December 21, 2011, we entered into a five-year syndicated credit agreement, which amended and restated in its entirety the prior syndicated agreement entered into on November 16, 2007.  The outstanding balance of deferred debt issuance as of December 31, 2011 included additional costs of $435 that were incurred in connection with our amended and restated credit agreement and $95 of deferred debt issuance costs that were carried over from the prior agreement.  These deferred debt issuance are being amortized over the five-year term of the amended and restated credit agreement which expires on December 21, 2016.
Customer Advances
On occasion, we require customers to make advance payments prior to the shipment of their orders in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.  As of December 31, 2014 and 2013 customer advances totaled $3,510 and $1,019, respectively, and originated from several customers.
Revenue Recognition
Sales of clad metal products are generally based upon customer specifications set forth in customer purchase orders and require us to provide certifications relative to metals used, services performed, and the results of any non-destructive testing that the customer has requested be performed.  All issues of conformity of the product to specifications are resolved before the product is shipped and billed.  Products related to the DynaEnergetics segment, which include detonating cords, detonators, bi-directional boosters, and shaped charges, as well as, seismic related explosives and accessories, are standard in nature.  In all cases, revenue is recognized only when all four of the following criteria have been satisfied: persuasive evidence of an arrangement exists; the price is fixed or determinable; delivery has occurred; and collection is reasonably assured.  Revenue from sales of consigned inventory is recognized upon the use of the product by the consignee or according to the terms of the contract.
Research and Development
Research and development costs, which are expensed as incurred, were $3,099, $2,199 and $2,075, for the years ended December 31, 2014, 2013 and 2012, respectively, and are included in our cost of products sold. Research and development costs include expenses associated with developing new products and processes, as well as, improvements to current manufacturing processes.
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 for the years ended December 31, 2014, 2013 and 2012 are as follows:
	2014			2013			2012
Numerator:
Income from continuing operations, net of non-controlling interest	$	1,926		$	5,981		$	9,834
Less income allocated to RSAs	(52		)	(102		)	(193		)
Income from continuing operations allocated to common stock for EPS calculation	1,874			5,879			9,641
Income from discontinued operations	641			478			943
Net income allocated to common stock for EPS calculation	$	2,515		$	6,357		$	10,584
Denominator:
Weighted average common shares outstanding - basic	13,687,485			13,533,566			13,264,636
Dilutive stock-based compensation plans	2,222			3,959			4,077
Weighted average common shares outstanding - diluted	13,689,707			13,537,525			13,268,713
Income per share - Basic:
Continuing operations	$	0.13		$	0.44		$	0.73
Discontinued operations	0.05			0.03			0.07
Net income allocated to common stock for EPS calculation	$	0.18		$	0.47		$	0.8
Income per share - Diluted:
Continuing operations	$	0.13		$	0.44		$	0.73
Discontinued operations	0.05			0.03			0.07
Net income allocated to common stock for EPS calculation	$	0.18		$	0.47		$	0.8
Fair Value of Financial Instruments
The carrying values of cash and cash equivalents, trade accounts receivable and payable, accrued expenses and lines of credit approximate their fair value and are included in Level 1.
Fair value is defined 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. We are required to use an established hierarchy for fair value measurements based upon the inputs to the valuation and the degree to which they are observable or not observable in the market. The three levels in the hierarchy are as follows:
·                  Level 1 — Inputs to the valuation based upon quoted prices (unadjusted) for identical assets or liabilities in active markets that are accessible as of the measurement date.
·                  Level 2 — Inputs to the valuation include quoted prices in either markets that are not active, or in active markets for similar assets or liabilities, inputs other than quoted prices that are observable, and inputs that are derived principally from or corroborated by observable market data.
·                  Level 3 — Inputs to the valuation that are unobservable inputs for the asset or liability.
The highest priority is assigned to Level 1 inputs and the lowest priority to Level 3 inputs.
Income Taxes
See Note 3 “Restatement of Previously-Issued Financial Statements” to the Consolidated Financial Statements for information on the adjustments made related to the restatement of previously-issued financial statements.
We recognize deferred tax assets and liabilities for the expected future income tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities. Any effects of changes in income tax rates or tax laws are included in the provision for income taxes in the period of enactment. The deferred income tax impact of tax credits are recognized as an immediate adjustment to income tax expense. We recognize deferred tax assets for the expected future effects of all deductible temporary differences to the extent we believe these assets will more likely than not be realized.  We record a valuation allowance when, based on current circumstances, it is more likely than not that all or a portion of the deferred tax assets will not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies, recent financial operations and their associated valuation allowances, if any.
We recognize the tax benefits from uncertain tax positions only when it is more likely than not, based on the technical merits of the position; the tax position will be sustained upon examination, including the resolution of any related appeals or litigation. The tax benefits recognized in the consolidated financial statements from such a position are measured as the largest benefit that is more likely than not of being realized upon ultimate resolution. We recognize interest and penalties related to uncertain tax positions in operating expense.
Concentration of Credit Risk and Off Balance Sheet Arrangements
Financial instruments, which potentially subject us to a concentration of credit risk, consist primarily of cash, cash equivalents, and accounts receivable. Generally, we do not require collateral to secure receivables.  At December 31, 2014, we had no financial instruments with off-balance sheet risk of accounting losses.
Other Cumulative Comprehensive Loss
Other cumulative comprehensive loss as of December 31, 2014, 2013, and 2012 consisted entirely of currency translation adjustments including those in intra-entity foreign currency transactions that are long-term investments.
Recent Accounting Pronouncements
In June 2014, the FASB issued an accounting standards update to clarify the accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. The pronouncement is effect for reporting periods beginning after December 15, 2015. The adoption of this update is not expected to have a significant impact on our financial statements.
In May 2014, the 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. We are still evaluating the impact on our financial statements for the expected adoption of this pronouncement.
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.

RESTATEMENT_OF_PREVIOUSLYISSUE

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
RESTATEMENT OF PREVIOUSLY ISSUED FINANCIAL STATEMENTS	RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS
	On March 5, 2015, we concluded to restate our financial statements and related disclosures to correct non-cash errors reported in our historical consolidated financial statements related to income tax expense and related deferred tax assets and liabilities at our business entities in Germany as well as other adjustments, which were immaterial.
	The errors arose from incorrect income tax accounting at our operations in Germany. In November 15, 2007, we acquired DynaEnergetics under a newly created German subsidiary DynaEnergetics Holding GmbH (“Holding Co”). Subsequent to the acquisition we recognized income tax expense or benefits for German federal and local income tax purposes and paid cash taxes accordingly for Holding Co. However, we incorrectly had been deferring the recognition of the income tax expense or benefit in our calculation of net income for purposes of U.S. GAAP reporting.
	The non-cash impact of the restatement and other adjustments, which were immaterial, decreased income from continuing operations by $1,036 in 2013 and $919 in 2012. The cumulative effect of the errors increased shareholders’ equity by $2,000 as of December 31, 2011. The restatement only impacted the income tax provision (benefit) line item in our consolidated statements of operations for the years ended December 31, 2013 and 2012, respectively. The restatement had no impact on the Company’s revenues, did not affect the Company’s cash balances and has no effect on the Company’s future operations.
	The following table summarizes the impact of the restatement on our previously reported consolidated balance sheet for the year ending December 31, 2013 (in thousands, except share and per share data):
		31-Dec-13
		As Reported			Adjustments			Restated
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	10,598		$	—		$	10,598
	Accounts receivable, net of allowance for doubtful accounts of $419	37,785			—			37,785
	Inventory, net	41,191			—			41,191
	Prepaid expenses and other	4,375			(98		)	4,277
	Current deferred tax assets	3,440			16			3,456
	Assets held for sale	6,299			—			6,299
	Total current assets	103,688			(82		)	103,606
	PROPERTY, PLANT AND EQUIPMENT	98,573			—			98,573
	Less - accumulated depreciation	(38,358		)	—			(38,358		)
	Property, plant and equipment, net	60,215			—			60,215
	GOODWILL, net	37,970			—			37,970
	PURCHASED INTANGIBLE ASSETS, net	36,458			—			36,458
	DEFERRED TAX ASSETS	388			15			403
	OTHER ASSETS, net	1,893			—			1,893
	TOTAL ASSETS	$	240,612		$	(67	)	$	240,545
		31-Dec-13
		As Reported			Adjustments			Restated
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	CURRENT LIABILITIES:
	Accounts payable	$	14,567		$	—		$	14,567
	Accrued expenses	3,927			—			3,927
	Dividend payable	550			—			550
	Accrued income taxes	2,811			(154		)	2,657
	Accrued employee compensation and benefits	4,552			—			4,552
	Customer advances	1,019			—			1,019
	Current debt obligations	2,907			—			2,907
	Current deferred tax liabilities	435			—			435
	Liabilities related to assets held for sale	826			—			826
	Total current liabilities	31,594			(154		)	31,440
	LINES OF CREDIT	26,400			—			26,400
	DEFERRED TAX LIABILITIES	7,945			(150		)	7,795
	OTHER LONG-TERM LIABILITIES	1,881			—			1,881
	Total liabilities	67,820			(304		)	67,516
	COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
	STOCKHOLDERS’ EQUITY:
	Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—
	Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding	689			—			689
	Additional paid-in capital	62,934			—			62,934
	Retained earnings	113,399			(9		)	113,390
	Other cumulative comprehensive loss	(4,230		)	246			(3,984		)
	Total stockholders’ equity	172,792			237			173,029
	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	240,612		$	(67	)	$	240,545
	The following tables summarize the impact of the restatement on our previously reported statements of consolidated operations for fiscal years 2013 and 2012 (in thousands, except per share data):
		Year Ended December 31, 2013									Year Ended December 31, 2012
		As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
	NET SALES	$	202,060		$	—		$	202,060		$	192,737		$	—		$	192,737
	COST OF PRODUCTS SOLD	143,926			—			143,926			135,085			—			135,085
	Gross profit	58,134			—			58,134			57,652			—			57,652
	COSTS AND EXPENSES:
	General and administrative expenses	24,672			—			24,672			18,489			—			18,489
	Selling and distribution expenses	16,136			—			16,136			16,954			—			16,954
	Amortization of purchased intangible assets	6,348			—			6,348			6,210			—			6,210
	Total costs and expenses	47,156			—			47,156			41,653			—			41,653
	INCOME FROM OPERATIONS	10,978			—			10,978			15,999			—			15,999
	OTHER INCOME (EXPENSE):
Other income (expense), net	(528		)	—			(528		)	(32		)	—			(32		)
Interest expense	(648		)	—			(648		)	(832		)	—			(832		)
Interest income	7			—			7			13			—			13
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	9,809			—			9,809			15,148			—			15,148
INCOME TAX PROVISION	2,700			1,036			3,736			4,397			919			5,316
INCOME FROM CONTINUING OPERATIONS	7,109			(1,036		)	6,073			10,751			(919		)	9,832
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	478			—			478			943			—			943
NET INCOME	7,587			(1,036		)	6,551			11,694			(919		)	10,775
Less: Net income (loss) attributable to non-controlling interest	92			—			92			(2		)	—			(2		)
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,495		$	(1,036	)	$	6,459		$	11,696		$	(919	)	$	10,777
INCOME PER SHARE - BASIC:
Continuing operations	$	0.52		$	(0.08	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.55		$	(0.08	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.07	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.54		$	(0.07	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,533,566			—			13,533,566			13,264,636			—			13,264,636
Diluted	13,537,525			—			13,537,525			13,268,713			—			13,268,713
DIVIDENDS DECLARED PER COMMON SHARE	$	0.16		$	—		$	0.16		$	0.16		$	—		$	0.16
The following tables summarize the impact of the restatement on our previously reported consolidated statements of comprehensive income for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013									Year Ended December 31, 2012
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,587		$	(1,036	)	$	6,551		$	11,694		$	(919	)	$	10,775
Change in cumulative foreign currency translation adjustment	2,237			382			2,619			2,796			(190		)	2,606
Total comprehensive income	9,824			(654		)	9,170			14,490			(1,109		)	13,381
Comprehensive income attributable to non-controlling interest	96			—			96			1			—			1
Comprehensive income attributable to Dynamic Materials Corporation	$	9,728		$	(654	)	$	9,074		$	14,489		$	(1,109	)	$	13,380
The following tables summarize the impact of the restatement on our previously reported consolidated statements of cash flows for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,587		$	(1,036	)	$	6,551
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(478		)	—			(478		)
Depreciation (including capital lease amortization)	5,920			—			5,920
Amortization of purchased intangible assets	6,348			—			6,348
Amortization of deferred debt issuance costs	102			—			102
Stock-based compensation	3,401			—			3,401
Deferred income tax benefit	(1,666		)	1,145			(521		)
Loss on disposal of property, plant and equipment	50			—			50
Restructuring and impairment charges	756			—			756
Change in:
Accounts receivable, net	(2,185		)	—			(2,185		)
Inventory, net	6,750			—			6,750
Prepaid expenses and other	79			10			89
Accounts payable	2,228			—			2,228
Customer advances	(360		)	—			(360		)
Accrued expenses and other liabilities	1,707			(119		)	1,588
Net cash flows provided by continuing operations	30,239			—			30,239
Net cash flows provided by discontinued operations	1,777			—			1,777
Net cash provided by operating activities	32,016			—			32,016
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(16,223		)	—			(16,223		)
Acquisition of minority interest	(180		)	—			(180		)
Change in other non-current assets	(489		)	—			(489		)
Net cash flows used in continuing operations	(16,892		)	—			(16,892		)
Net cash flows used in discontinued operations	(1,348		)	—			(1,348		)
Net cash used in investing activities	(18,240		)	—			(18,240		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,592		)	—			(9,592		)
Payment on loans with former owners of LRI	(63		)	—			(63		)
Payment on capital lease obligations	(40		)	—			(40		)
Payment of dividends	(2,187		)	—			(2,187		)
Other	295			—			295
Net cash used in financing activities	(11,587		)	—			(11,587		)
EFFECTS OF EXCHANGE RATES ON CASH	191			—			191
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,380			—			2,380
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	10,598		$	—		$	10,598
	Year Ended December 31, 2012
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	11,694		$	(919	)	$	10,775
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(943		)	—			(943		)
Depreciation (including capital lease amortization)	5,018			—			5,018
Amortization of purchased intangible assets	6,210			—			6,210
Amortization of deferred debt issuance costs	124			—			124
Stock-based compensation	4,443			—			4,443
Deferred income tax benefit	(1,159		)	689			(470		)
Change in:
Accounts receivable, net	717			—			717
Inventory, net	(2,380		)	—			(2,380		)
Prepaid expenses and other	463			88			551
Accounts payable	(3,616		)	—			(3,616		)
Customer advances	(556		)	—			(556		)
Accrued expenses and other liabilities	(551		)	142			(409		)
Net cash flows provided by continuing operations	19,464			—			19,464
Net cash flows provided by discontinued operations	1,092			—			1,092
Net cash provided by operating activities	20,556			—			20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(15,133		)	—			(15,133		)
Acquisition of TRX Industries	(10,294		)	—			(10,294		)
Change in other non-current assets	(224		)	—			(224		)
Net cash flows used in continuing operations	(25,651		)	—			(25,651		)
Net cash flows used in discontinued operations	(514		)	—			(514		)
Net cash used in investing activities	(26,165		)	—			(26,165		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	12,174			—			12,174
Payment on loans with former owners of LRI	(1,176		)	—			(1,176		)
Payment on capital lease obligations	(66		)	—			(66		)
Payment of dividends	(2,155		)	—			(2,155		)
Other	(260		)	—			(260		)
Net cash provided by financing activities	8,517			—			8,517
EFFECTS OF EXCHANGE RATES ON CASH	(8		)	—			(8		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,900			—			2,900
CASH AND CASH EQUIVALENTS, beginning of the period	5,318			—			5,318
CASH AND CASH EQUIVALENTS, end of the period	$	8,218		$	—		$	8,218
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
As more fully discussed in Note 3 “Restatement of Previously-Issued Financial Statements,” the following operating results for each of the eight fiscal quarters in the two year period ended December 31, 2014 (except for the current quarter ending December 31, 2014) have been restated to reflect adjustments to our previously-issued consolidated financial statements.
The "As Reported" financial statements reflect the financial results of AMK as discontinued operations due to the completed sale of AMK on October 1, 2014. See Note 11 "Discontinued Operations" for further details. For the years ended December 31, 2014 and 2013, AMK represented less than 5% of consolidated assets, consolidated sales and consolidated operating income.
The following tables summarize the impact of the restatement on our previously reported interim consolidated balance sheet for fiscal years 2014 and 2013 (in thousands, except share and per share data):
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	9,131		$	—		$	9,131		$	8,246		$	—		$	8,246
Accounts receivable, net of allowance for doubtful accounts of $459 and $440, respectively	35,973			—			35,973			31,948			—			31,948
Inventory, net	43,106			(54		)	43,052			46,491			—			46,491
Prepaid expenses and other	6,142			(98		)	6,044			5,956			(89		)	5,867
Current deferred tax assets	2,424			16			2,440			1,587			2			1,589
Assets held for sale	6,276			—			6,276			5,402			—			5,402
Total current assets	103,052			(136		)	102,916			99,630			(87		)	99,543
PROPERTY, PLANT AND EQUIPMENT	100,208			—			100,208			85,896			—			85,896
Less - accumulated depreciation	(40,934		)	202			(40,732		)	(33,661		)	—			(33,661		)
Property, plant and equipment, net	59,274			202			59,476			52,235			—			52,235
GOODWILL, net	37,689			—			37,689			36,125			—			36,125
PURCHASED INTANGIBLE ASSETS, net	34,597			—			34,597			39,428			—			39,428
DEFERRED TAX ASSETS	552			44			596			1,060			(138		)	922
OTHER ASSETS, net	1,711			—			1,711			529			—			529
TOTAL ASSETS	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	13,438		$	—		$	13,438		$	10,362		$	—		$	10,362
Accrued expenses	4,315			—			4,315			4,453			—			4,453
Dividend payable	557			—			557			547			—			547
Accrued income taxes	2,034			(102		)	1,932			295			5			300
Accrued employee compensation and benefits	3,140			—			3,140			3,778			—			3,778
Customer advances	2,996			—			2,996			1,378			—			1,378
Current debt obligations	516			—			516			64			—			64
Current portion of capital lease obligations	10			—			10			50			—			50
Current deferred tax liabilities	404			—			404			155			—			155
Liabilities related to assets held for sale	758			—			758			543			—			543
Total current liabilities	28,168			(102		)	28,066			21,625			5			21,630
LINES OF CREDIT	26,900			—			26,900			38,256			—			38,256
LONG-TERM DEBT	—			—			—			37			—			37
CAPITAL LEASE OBLIGATIONS	7			—			7			6			—			6
DEFERRED TAX LIABILITIES	7,566			158			7,724			8,344			(1,021		)	7,323
OTHER LONG-TERM LIABILITIES	1,930			88			2,018			1,582			—			1,582
Total liabilities	64,571			144			64,715			69,850			(1,016		)	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,944,094 and 13,683,307 shares issued and outstanding, respectively	698			—			698			684			—			684
Additional paid-in capital	63,589			101			63,690			60,682			—			60,682
Retained earnings	114,480			(160		)	114,320			107,769			919			108,688
Other cumulative comprehensive loss	(6,463		)	25			(6,438		)	(10,087		)	(128		)	(10,215		)
Total DMC’s stockholders’ equity	172,304			(34		)	172,270			159,048			791			159,839
Non-controlling interest	—			—			—			109			—			109
Total stockholders’ equity	172,304			(34		)	172,270			159,157			791			159,948
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	8,643		$	—		$	8,643		$	2,368		$	—		$	2,368
Accounts receivable, net of allowance for doubtful accounts of $504 and $471, respectively	38,409			—			38,409			39,959			—			39,959
Inventory, net	45,887			—			45,887			45,190			—			45,190
Prepaid expenses and other	7,218			(98		)	7,120			5,504			(89		)	5,415
Current deferred tax assets	2,532			16			2,548			1,944			2			1,946
Assets held for sale	6,155			—			6,155			6,206			—			6,206
Total current assets	108,844			(82		)	108,762			101,171			(87		)	101,084
PROPERTY, PLANT AND EQUIPMENT	102,564			—			102,564			90,651			—			90,651
Less - accumulated depreciation	(42,220		)	202			(42,018		)	(35,010		)	—			(35,010		)
Property, plant and equipment, net	60,344			202			60,546			55,641			—			55,641
GOODWILL, net	37,161			—			37,161			36,447			—			36,447
PURCHASED INTANGIBLE ASSETS, net	32,939			—			32,939			38,121			—			38,121
DEFERRED TAX ASSETS	792			(276		)	516			458			(139		)	319
OTHER ASSETS, net	1,868			—			1,868			505			—			505
TOTAL ASSETS	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,689		$	—		$	9,689		$	14,111		$	—		$	14,111
Accrued expenses	3,671			—			3,671			4,657			—			4,657
Dividend payable	559			—			559			549			—			549
Accrued income taxes	2,471			(154		)	2,317			906			5			911
Accrued employee compensation and benefits	4,119			—			4,119			4,338			—			4,338
Customer advances	2,617			—			2,617			4,758			—			4,758
Current debt obligations	20			—			20			63			—			63
Current portion of capital lease obligations	5			—			5			45			—			45
Current deferred tax liabilities	417			—			417			155			—			155
Liabilities related to assets held for sale	742			—			742			820			—			820
Total current liabilities	24,310			(154		)	24,156			30,402			5			30,407
LINES OF CREDIT	31,800			—			31,800			28,843			—			28,843
LONG-TERM DEBT	—			—			—			20			—			20
CAPITAL LEASE OBLIGATIONS	6			—			6			—			—			—
DEFERRED TAX LIABILITIES	7,186			554			7,740			8,050			(646		)	7,404
OTHER LONG-TERM LIABILITIES	2,000			58			2,058			1,668			—			1,668
Total liabilities	65,302			458			65,760			68,983			(641		)	68,342
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,750,163 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	64,861			89			64,950			61,530			—			61,530
Retained earnings	116,808			(731		)	116,077			110,659			545			111,204
Other cumulative comprehensive loss	(5,722		)	28			(5,694		)	(9,642		)	(130		)	(9,772		)
Total DMC’s stockholders’ equity	176,646			(614		)	176,032			163,235			415			163,650
Non-controlling interest	—			—			—			125			—			125
Total stockholders’ equity	176,646			(614		)	176,032			163,360			415			163,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	14,932		$	—		$	14,932		$	9,333		$	—		$	9,333
Accounts receivable, net of allowance for doubtful accounts of $599 and $340, respectively	30,923			—			30,923			30,394			—			30,394
Inventory, net	41,846			280			42,126			41,384			—			41,384
Prepaid expenses and other	7,161			(378		)	6,783			3,977			(89		)	3,888
Current deferred tax assets	5,583			16			5,599			2,513			2			2,515
Assets held for sale	6,011			—			6,011			6,610			—			6,610
Total current assets	106,456			(82		)	106,374			94,211			(87		)	94,124
PROPERTY, PLANT AND EQUIPMENT	100,305			—			100,305			95,717			—			95,717
Less - accumulated depreciation	(42,625		)	202			(42,423		)	(36,469		)	—			(36,469		)
Property, plant and equipment, net	57,680			202			57,882			59,248			—			59,248
GOODWILL, net	34,382			—			34,382			37,553			—			37,553
PURCHASED INTANGIBLE ASSETS, net	29,403			—			29,403			37,646			—			37,646
DEFERRED TAX ASSETS	439			(9		)	430			397			(239		)	158
OTHER ASSETS, net	1,236			—			1,236			499			—			499
TOTAL ASSETS	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,104		$	—		$	9,104		$	9,020		$	—		$	9,020
Accrued expenses	3,245			—			3,245			4,222			—			4,222
Dividend payable	559			—			559			550			—			550
Accrued income taxes	3,030			(58		)	2,972			1,325			(88		)	1,237
Accrued employee compensation and benefits	4,667			—			4,667			5,346			—			5,346
Customer advances	2,364			—			2,364			1,387			—			1,387
Current debt obligations	4			—			4			65			—			65
Current portion of capital lease obligations	5			—			5			33			—			33
Current deferred tax liabilities	435			—			435			274			—			274
Liabilities related to assets held for sale	721			—			721			765			—			765
Total current liabilities	24,134			(58		)	24,076			22,987			(88		)	22,899
LINES OF CREDIT	26,000			—			26,000			25,550			—			25,550
LONG-TERM DEBT	—			—			—			5			—			5
CAPITAL LEASE OBLIGATIONS	4			—			4			—			—			—
DEFERRED TAX LIABILITIES	8,641			866			9,507			8,084			(242		)	7,842
OTHER LONG-TERM LIABILITIES	1,958			30			1,988			1,755			—			1,755
Total liabilities	60,737			838			61,575			58,381			(330		)	58,051
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,759,007 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	65,836			78			65,914			62,099			—			62,099
Retained earnings	118,745			(888		)	117,857			113,670			167			113,837
Other cumulative comprehensive loss	(16,421		)	83			(16,338		)	(5,464		)	(163		)	(5,627		)
Total DMC’s stockholders’ equity	168,859			(727		)	168,132			170,993			4			170,997
Non-controlling interest	—			—			—			180			—			180
Total stockholders’ equity	168,859			(727		)	168,132			171,173			4			171,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of operations (in thousands, except per share data):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	46,769		$	—		$	46,769		$	44,836		$	—		$	44,836
COST OF PRODUCTS SOLD	32,203			(148		)	32,055			32,047			—			32,047
Gross profit	14,566			148			14,714			12,789			—			12,789
COSTS AND EXPENSES:
General and administrative expenses	5,542			250			5,792			8,014			—			8,014
Selling and distribution expenses	4,223			—			4,223			4,030			—			4,030
Amortization of purchased intangible assets	1,616			—			1,616			1,585			—			1,585
Total costs and expenses	11,381			250			11,631			13,629			—			13,629
INCOME (LOSS) FROM OPERATIONS	3,185			(102		)	3,083			(840		)	—			(840		)
OTHER INCOME (EXPENSE):
Other income (expense), net	(435		)	—			(435		)	296			—			296
Interest expense	(109		)	—			(109		)	(172		)	—			(172		)
Interest income	5			—			5			3			—			3
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	2,646			(102		)	2,544			(713		)	—			(713		)
INCOME TAX PROVISION (BENEFIT)	692			49			741			(1,049		)	108			(941		)
INCOME FROM CONTINUING OPERATIONS	1,954			(151		)	1,803			336			(108		)	228
DISCONTINUED OPERATIONS:
Loss from operations of discontinued operations, net of tax	(316		)	—			(316		)	(93		)	—			(93		)
NET INCOME	1,638			(151		)	1,487			243			(108		)	135
Less: Net income attributable to non-controlling interest	—			—			—			28			—			28
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	1,638		$	(151	)	$	1,487		$	215		$	(108	)	$	107
INCOME PER SHARE - BASIC:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,644,239			—			13,644,239			13,509,792			—			13,509,792
Diluted	13,649,953			—			13,649,953			13,513,797			—			13,513,797
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,911		$	—		$	51,911		$	55,554		$	—		$	55,554
COST OF PRODUCTS SOLD	36,067			(54		)	36,013			39,155			—			39,155
Gross profit	15,844			54			15,898			16,399			—			16,399
COSTS AND EXPENSES:
General and administrative expenses	5,813			(42		)	5,771			5,006			—			5,006
Selling and distribution expenses	4,733			—			4,733			4,310			—			4,310
Amortization of purchased intangible assets	1,617			—			1,617			1,568			—			1,568
Total costs and expenses	12,163			(42		)	12,121			10,884			—			10,884
INCOME FROM OPERATIONS	3,681			96			3,777			5,515			—			5,515
OTHER INCOME (EXPENSE):
Other income (expense), net	332			—			332			(420		)	—			(420		)
Interest expense	(174		)	—			(174		)	(183		)	—			(183		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,840			96			3,936			4,913			—			4,913
INCOME TAX PROVISION	1,172			667			1,839			1,768			373			2,141
INCOME FROM CONTINUING OPERATIONS	2,668			(571		)	2,097			3,145			(373		)	2,772
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	219			—			219			310			—			310
NET INCOME	2,887			(571		)	2,316			3,455			(373		)	3,082
Less: Net income attributable to non-controlling interest	—			—			—			15			—			15
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,887		$	(571	)	$	2,316		$	3,440		$	(373	)	$	3,067
INCOME PER SHARE - BASIC:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,672,457			—			13,672,457			13,526,623			—			13,526,623
Diluted	13,677,911			—			13,677,911			13,530,588			—			13,530,588
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	98,680		$	—		$	98,680		$	100,390		$	—		$	100,390
COST OF PRODUCTS SOLD	68,269			(202		)	68,067			71,203			—			71,203
Gross profit	30,411			202			30,613			29,187			—			29,187
COSTS AND EXPENSES:
General and administrative expenses	11,356			208			11,564			13,019			—			13,019
Selling and distribution expenses	8,956			—			8,956			8,340			—			8,340
Amortization of purchased intangible assets	3,232			—			3,232			3,153			—			3,153
Total costs and expenses	23,544			208			23,752			24,512			—			24,512
INCOME FROM OPERATIONS	6,867			(6		)	6,861			4,675			—			4,675
OTHER INCOME (EXPENSE):
Other income (expense), net	(103		)	—			(103		)	(124		)	—			(124		)
Interest expense	(283		)	—			(283		)	(355		)	—			(355		)
Interest income	5			—			5			4			—			4
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	6,486			(6		)	6,480			4,200			—			4,200
INCOME TAX PROVISION	1,864			716			2,580			719			482			1,201
INCOME FROM CONTINUING OPERATIONS	4,622			(722		)	3,900			3,481			(482		)	2,999
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(97		)	—			(97		)	217			—			217
NET INCOME	4,525			(722		)	3,803			3,698			(482		)	3,216
Less: Net income attributable to non-controlling interest	—			—			—			43			—			43
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	4,525		$	(722	)	$	3,803		$	3,655		$	(482	)	$	3,173
INCOME PER SHARE - BASIC:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,668,223			—			13,668,223			13,523,028			—			13,523,028
Diluted	13,673,807			—			13,673,807			13,527,011			—			13,527,011
DIVIDENDS DECLARED PER COMMON SHARE	$	0.08		$	—		$	0.08		$	0.08		$	—		$	0.08
	Three months ended September 30, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,886		$	—		$	51,886		$	52,331		$	—		$	52,331
COST OF PRODUCTS SOLD	36,803			—			36,803			36,229			—			36,229
Gross profit	15,083			—			15,083			16,102			—			16,102
COSTS AND EXPENSES:
General and administrative expenses	5,503			(40		)	5,463			5,672			—			5,672
Selling and distribution expenses	4,639			—			4,639			3,658			—			3,658
Amortization of purchased intangible assets	1,575			—			1,575			1,581			—			1,581
Total costs and expenses	11,717			(40		)	11,677			10,911			—			10,911
INCOME FROM OPERATIONS	3,366			40			3,406			5,191			—			5,191
OTHER INCOME (EXPENSE):
Other income (expense), net	472			—			472			(247		)	—			(247		)
Interest expense	(137		)	—			(137		)	(129		)	—			(129		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702			40			3,742			4,816			—			4,816
INCOME TAX PROVISION	1,224			196			1,420			1,460			378			1,838
INCOME FROM CONTINUING OPERATIONS	2,478			(156		)	2,322			3,356			(378		)	2,978
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	20			—			20			255			—			255
NET INCOME	2,498			(156		)	2,342			3,611			(378		)	3,233
Less: Net income attributable to non-controlling interest	—			—			—			49			—			49
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,498		$	(156	)	$	2,342		$	3,562		$	(378	)	$	3,184
INCOME PER SHARE - BASIC:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,688,649			—			13,688,649			13,540,394			—			13,540,394
Diluted	13,690,174			—			13,690,174			13,544,665			—			13,544,665
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	150,566		$	—		$	150,566		$	152,720		$	—		$	152,720
COST OF PRODUCTS SOLD	105,073			(202		)	104,871			107,431			—			107,431
Gross profit	45,493			202			45,695			45,289			—			45,289
COSTS AND EXPENSES:
General and administrative expenses	16,858			169			17,027			18,694			—			18,694
Selling and distribution expenses	13,596			—			13,596			11,997			—			11,997
Amortization of purchased intangible assets	4,808			—			4,808			4,734			—			4,734
Total costs and expenses	35,262			169			35,431			35,425			—			35,425
INCOME FROM OPERATIONS	10,231			33			10,264			9,864			—			9,864
OTHER INCOME (EXPENSE):
Other income (expense), net	369			—			369			(371		)	—			(371		)
Interest expense	(420		)	—			(420		)	(484		)	—			(484		)
Interest income	6			—			6			5			—			5
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	10,186			33			10,219			9,014			—			9,014
INCOME TAX PROVISION	3,088			912			4,000			2,179			860			3,039
INCOME FROM CONTINUING OPERATIONS	7,098			(879		)	6,219			6,835			(860		)	5,975
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(77		)	—			(77		)	473			—			473
NET INCOME	7,021			(879		)	6,142			7,308			(860		)	6,448
Less: Net income attributable to non-controlling interest	—			—			—			92			—			92
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,021		$	(879	)	$	6,142		$	7,216		$	(860	)	$	6,356
INCOME PER SHARE - BASIC:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,676,730			—			13,676,730			13,528,880			—			13,528,880
Diluted	13,681,790			—			13,681,790			13,532,973			—			13,532,973
DIVIDENDS DECLARED PER COMMON SHARE	$	0.12		$	—		$	0.12		$	0.12		$	—		$	0.12
	Three months ended December 31, 2014			Three months ended December, 2013
	As Reported			As Reported			Adjustments			Restated
NET SALES	$	51,995		$	49,339		$	—		$	49,339
COST OF PRODUCTS SOLD	36,271			36,495			—			36,495
Gross profit	15,724			12,844			—			12,844
COSTS AND EXPENSES:
General and administrative expenses	6,740			5,980			—			5,980
Selling and distribution expenses	4,509			4,138			—			4,138
Amortization of purchased intangible assets	1,295			1,614			—			1,614
Restructuring expenses	6,781			—			—			—
Total costs and expenses	19,325			11,732			—			11,732
INCOME (LOSS) FROM OPERATIONS	(3,601		)	1,112			—			1,112
OTHER INCOME (EXPENSE):
Other income (expense), net	(682		)	(157		)	—			(157		)
Interest expense	(132		)	(164		)	—			(164		)
Interest income	32			2			—			2
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	(4,383		)	793			—			793
INCOME TAX PROVISION (BENEFIT)	(87		)	522			176			698
INCOME (LOSS) FROM CONTINUING OPERATIONS	(4,296		)	271			(176		)	95
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	—			6			—			6
Gain on sale of discontinued operations, net of tax	718			—			—			—
Income from discontinued operations	718			6			—			6
NET INCOME (LOSS)	(3,578		)	277			(176		)	101
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,696,399			13,543,007			—			13,543,007
Diluted	13,697,821			13,549,288			—			13,549,288
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	0.04		$	—		$	0.04
The following tables summarize the impact of the restatement on our previously reported interim consolidated statements of comprehensive income (loss) for the fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	1,638		$	(151	)	$	1,487		$	243		$	(108	)	$	135
Change in cumulative foreign currency translation adjustment	(2,233		)	(221		)	(2,454		)	(3,627		)	8			(3,619		)
Total comprehensive loss	(595		)	(372		)	(967		)	(3,384		)	(100		)	(3,484		)
Comprehensive income attributable to non-controlling interest	—			—			—			25			—			25
Comprehensive loss attributable to Dynamic Materials Corporation	$	(595	)	$	(372	)	$	(967	)	$	(3,409	)	$	(100	)	$	(3,509	)
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,887		$	(571	)	$	2,316		$	3,455		$	(373	)	$	3,082
Change in cumulative foreign currency translation adjustment	741			3			744			446			(3		)	443
Total comprehensive income	3,628			(568		)	3,060			3,901			(376		)	3,525
Comprehensive income attributable to non-controlling interest	—			—			—			16			—			16
Comprehensive income attributable to Dynamic Materials Corporation	$	3,628		$	(568	)	$	3,060		$	3,885		$	(376	)	$	3,509
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	4,525		$	(722	)	$	3,803		$	3,698		$	(482	)	$	3,216
Change in cumulative foreign currency translation adjustment	(1,492		)	(218		)	(1,710		)	(3,181		)	6			(3,175		)
Total comprehensive income	3,033			(940		)	2,093			517			(476		)	41
Comprehensive income attributable to non-controlling interest	—			—			—			41			—			41
Comprehensive income attributable to Dynamic Materials Corporation	$	3,033		$	(940	)	$	2,093		$	476		$	(476	)	$	—
	Three months ended September, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,498		$	(156	)	$	2,342		$	3,611		$	(378	)	$	3,233
Change in cumulative foreign currency translation adjustment	(10,701		)	54			(10,647		)	4,183			(33		)	4,150
Total comprehensive income (loss)	(8,203		)	(102		)	(8,305		)	7,794			(411		)	7,383
Comprehensive income attributable to non-controlling interest	—			—			—			55			—			55
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(8,203	)	$	(102	)	$	(8,305	)	$	7,739		$	(411	)	$	7,328
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,021		$	(879	)	$	6,142		$	7,308		$	(860	)	$	6,448
Change in cumulative foreign currency translation adjustment	(12,191		)	(163		)	(12,354		)	1,003			(27		)	976
Total comprehensive income (loss)	(5,170		)	(1,042		)	(6,212		)	8,311			(887		)	7,424
Comprehensive income attributable to non-controlling interest	—			—			—			96			—			96
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(5,170	)	$	(1,042	)	$	(6,212	)	$	8,215		$	(887	)	$	7,328
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of cash flows for fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,638		$	(151	)	$	1,487
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	316			—			316
Depreciation (including capital lease amortization)	1,826			(202		)	1,624
Amortization of purchased intangible assets	1,616			—			1,616
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	555			162			717
Deferred income tax benefit	612			58			670
Change in:
Accounts receivable, net	1,570			—			1,570
Inventory, net	(2,513		)	54			(2,459		)
Prepaid expenses and other	(1,867		)	—			(1,867		)
Accounts payable	(1,051		)	—			(1,051		)
Customer advances	1,980			—			1,980
Accrued expenses and other liabilities	(1,291		)	140			(1,151		)
Net cash flows provided by continuing operations	3,416			61			3,477
Net cash flows used in discontinued operations	(298		)	—			(298		)
Net cash provided by operating activities	3,118			61			3,179
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(1,994		)	—			(1,994		)
Change in other non-current assets	32			—			32
Net cash flows used in continuing operations	(1,962		)	—			(1,962		)
Net cash flows used in discontinued operations	(63		)	—			(63		)
Net cash used in investing activities	(2,025		)	—			(2,025		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(1,863		)	—			(1,863		)
Payment on loans with former owners of LRI	(15		)	—			(15		)
Payment on capital lease obligations	(15		)	—			(15		)
Payment of dividends	(550		)	—			(550		)
Net proceeds from issuance of common stock to employees and directors	22			—			22
Excess tax benefit from stock-based compensation	87			(61		)	26
Net cash used in financing activities	(2,334		)	(61		)	(2,395		)
EFFECTS OF EXCHANGE RATES ON CASH	(226		)	—			(226		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,467		)	—			(1,467		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	9,131		$	—		$	9,131
	Six months ended June 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	4,525		$	(722	)	$	3,803
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	97			—			97
Depreciation (including capital lease amortization)	3,581			(202		)	3,379
Amortization of purchased intangible assets	3,232			—			3,232
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	1,591			150			1,741
Deferred income tax benefit	72			776			848
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	(858		)	—			(858		)
Inventory, net	(5,000		)	—			(5,000		)
Prepaid expenses and other	(2,873		)	—			(2,873		)
Accounts payable	(4,778		)	—			(4,778		)
Customer advances	1,613			—			1,613
Accrued expenses and other liabilities	(645		)	59			(586		)
Net cash flows provided by continuing operations	613			61			674
Net cash flows provided by discontinued operations	48			—			48
Net cash provided by operating activities	661			61			722
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,123		)	—			(4,123		)
Change in other non-current assets	(59		)	—			(59		)
Net cash flows used in continuing operations	(4,182		)	—			(4,182		)
Net cash flows used in discontinued operations	(85		)	—			(85		)
Net cash used in investing activities	(4,267		)	—			(4,267		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	2,555			—			2,555
Payment on loans with former owners of LRI	(31		)	—			(31		)
Payment on capital lease obligations	(22		)	—			(22		)
Payment of dividends	(1,108		)	—			(1,108		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	112			(61		)	51
Net cash provided by financing activities	1,740			(61		)	1,679
EFFECTS OF EXCHANGE RATES ON CASH	(89		)	—			(89		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,955		)	—			(1,955		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	8,643		$	—		$	8,643
	Nine months ended September 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,021		$	(879	)	$	6,142
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	77			—			77
Depreciation (including capital lease amortization)	5,406			(202		)	5,204
Amortization of purchased intangible assets	4,808			—			4,808
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,565			139			2,704
Deferred income tax benefit	(608		)	863			255
Loss on disposal of property, plant and equipment	6			—			6
Change in:
Accounts receivable, net	5,342			—			5,342
Inventory, net	(3,012		)	280			(2,732		)
Prepaid expenses and other	(3,146		)	(267		)	(3,413		)
Accounts payable	(5,084		)	—			(5,084		)
Customer advances	1,445			—			1,445
Accrued expenses and other liabilities	683			127			810
Net cash flows provided by continuing operations	15,579			61			15,640
Net cash flows provided by discontinued operations	239			—			239
Net cash provided by operating activities	15,818			61			15,879
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(6,472		)	—			(6,472		)
Change in other non-current assets	373			—			373
Net cash flows used in continuing operations	(6,099		)	—			(6,099		)
Net cash flows used in discontinued operations	(120		)	—			(120		)
Net cash used in investing activities	(6,219		)	—			(6,219		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(3,213		)	—			(3,213		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(23		)	—			(23		)
Payment of dividends	(1,667		)	—			(1,667		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	113			(61		)	52
Net cash used in financing activities	(4,603		)	(61		)	(4,664		)
EFFECTS OF EXCHANGE RATES ON CASH	(662		)	—			(662		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,334			—			4,334
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	14,932		$	—		$	14,932
	Three months ended March 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	243		$	(108	)	$	135
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	93			—			93
Depreciation (including capital lease amortization)	1,272			—			1,272
Amortization of purchased intangible assets	1,585			—			1,585
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	1,422			—			1,422
Deferred income tax benefit	130			173			303
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	2,784			—			2,784
Inventory, net	619			—			619
Prepaid expenses and other	(952		)	—			(952		)
Accounts payable	(596		)	—			(596		)
Customer advances	55			—			55
Accrued expenses and other liabilities	(916		)	(65		)	(981		)
Net cash flows provided by continuing operations	5,785			—			5,785
Net cash flows provided by discontinued operations	559			—			559
Net cash provided by operating activities	6,344			—			6,344
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,366		)	—			(4,366		)
Change in other non-current assets	45			—			45
Net cash flows used in continuing operations	(4,321		)	—			(4,321		)
Net cash flows used in discontinued operations	(87		)	—			(87		)
Net cash used in investing activities	(4,408		)	—			(4,408		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(202		)	—			(202		)
Payment on loans with former owners of LRI	(16		)	—			(16		)
Payment on capital lease obligations	(13		)	—			(13		)
Payment of dividends	(540		)	—			(540		)
Excess tax benefit from stock-based compensation	(890		)	—			(890		)
Net cash used in financing activities	(1,661		)	—			(1,661		)
EFFECTS OF EXCHANGE RATES ON CASH	(247		)	—			(247		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	28			—			28
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	8,246		$	—		$	8,246
	Six months ended June 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	3,698		$	(482	)	$	3,216
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(217		)	—			(217		)
Depreciation (including capital lease amortization)	2,583			—			2,583
Amortization of purchased intangible assets	3,153			—			3,153
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	2,057			—			2,057
Deferred income tax benefit	229			547			776
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	(5,193		)	—			(5,193		)
Inventory, net	1,960			—			1,960
Prepaid expenses and other	(545		)	—			(545		)
Accounts payable	3,105			—			3,105
Customer advances	3,434			—			3,434
Accrued expenses and other liabilities	409			(65		)	344
Net cash flows provided by continuing operations	14,745			—			14,745
Net cash flows provided by discontinued operations	680			—			680
Net cash provided by operating activities	15,425			—			15,425
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(9,301		)	—			(9,301		)
Change in other non-current assets	192			—			192
Net cash flows used in continuing operations	(9,109		)	—			(9,109		)
Net cash flows used in discontinued operations	(425		)	—			(425		)
Net cash used in investing activities	(9,534		)	—			(9,534		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,811		)	—			(9,811		)
Payment on loans with former owners of LRI	(32		)	—			(32		)
Payment on capital lease obligations	(25		)	—			(25		)
Payment of dividends	(1,088		)	—			(1,088		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(836		)	—			(836		)
Net cash used in financing activities	(11,629		)	—			(11,629		)
EFFECTS OF EXCHANGE RATES ON CASH	(112		)	—			(112		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,850		)	—			(5,850		)
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	2,368		$	—		$	2,368
	Nine months ended September 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,308		$	(860	)	$	6,448
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	(473		)	—			(473		)
Depreciation (including capital lease amortization)	4,004			—			4,004
Amortization of purchased intangible assets	4,734			—			4,734
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,685			—			2,685
Deferred income tax benefit	(126		)	1,018			892
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	4,868			—			4,868
Inventory, net	6,588			—			6,588
Prepaid expenses and other	1,031			—			1,031
Accounts payable	(2,208		)	—			(2,208		)
Customer advances	21			—			21
Accrued expenses and other liabilities	1,303			(158		)	1,145
Net cash flows provided by continuing operations	29,816			—			29,816
Net cash flows provided by discontinued operations	655			—			655
Net cash provided by operating activities	30,471			—			30,471
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(13,426		)	—			(13,426		)
Change in other non-current assets	209			—			209
Net cash flows used in continuing operations	(13,217		)	—			(13,217		)
Net cash flows used in discontinued operations	(604		)	—			(604		)
Net cash used in investing activities	(13,821		)	—			(13,821		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(13,252		)	—			(13,252		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(39		)	—			(39		)
Payment of dividends	(1,637		)	—			(1,637		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(895		)	—			(895		)
Net cash used in financing activities	(15,707		)	—			(15,707		)
EFFECTS OF EXCHANGE RATES ON CASH	172			—			172
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,115			—			1,115
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	9,333		$	—		$	9,333

ACQUISITIONS

ACQUISITIONS	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
ACQUISITIONS	ACQUISITIONS
	TRX Industries
	On January 3, 2012, we acquired the assets and operating business of Texas-based TRX Industries, Inc., a manufacturer of perforating guns, for a purchase price of $10,294.  TRX, which has now been integrated into our subsidiary DYNAenergetics US, had been a long-term supplier to DYNAenergetics US and, in recent years, accounted for a rapidly growing percentage of its perforating gun purchases.
	The acquisition of TRX was structured as an asset purchase in an all-cash transaction.  The purchase price was allocated to tangible and identifiable intangible assets based on their fair values as determined by appraisals performed as of the acquisition date on property, plant and equipment and discounted cash flow analysis on the identifiable intangible assets.  The allocation of the purchase price to the assets of TRX was as follows:
	Current assets	$	2,702
	Property, plant and equipment	2,227
	Intangible assets	5,365
	Deferred tax assets	40
	Total assets acquired	10,334
	Current liabilities	40
	Total liabilities assumed	40
	Net assets acquired	$	10,294
	We acquired identifiable finite-lived intangible assets as a result of the acquisition of TRX.  The finite-lived intangible assets acquired were classified as customer relationships, totaling $5,365, and are being amortized over 6 years.  These amounts are included in Purchased Intangible Assets and are further discussed in Note 2 "Significant Accounting Policies."

DEBT

DEBT	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
DEBT	DEBT
	Lines of credit consisted of the following at December 31, 2014 and 2013:
		2014		2013
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	19,500	$	26,400
	Euro revolving loan	3,282		—
	Canadian Dollar revolving loan	—		—
	Commerzbank line of credit	—		2,856
		22,782		29,256
	Less current portion	—		(2,856		)
	Long-term lines of credit	$	22,782	$	26,400
	Other debt consisted of the following at December 31, 2014 and 2013:
		2014		2013
	Loans with former owners of LRI	$	—	$	51
	Less current maturities	—		(51		)
	Other long-term debt	$	—	$	—
	Syndicated Credit Agreement
	On December 21, 2011, we entered into a five-year syndicated credit agreement (“credit facility”) which amended and restated in its entirety our prior syndicated credit facility entered into on November 16, 2007.  The credit facility due to mature on December 21, 2016, which provided revolving loan availability of $36,000, 16,000 Euros and 1,500 Canadian dollars, was entered into with a syndicate of four banks, with JP Morgan Chase Bank, N.A. acting as administrative agent for the U.S. and Canadian dollar loans and JP Morgan Europe Ltd. acting as administrative agent for the Euro loans.  Based upon our expected 2015 operating results, planned 2015 capital expenditures and expected changes in working capital levels during 2015, we expect our average 2015 borrowings to be equal to or exceed the amount of outstanding borrowings at December 31, 2014.  Thus, we have classified all borrowings outstanding as of December 31, 2014 under our syndicated credit agreement as long-term lines of credit.
	U.S. Dollar Revolving Loans:  At our option, borrowings under the $36,000 revolving loan can be in the form of Alternate Base Rate loans (“ABR” borrowings are based on the greater of adjusted Prime rates, adjusted CD rates, or adjusted Federal Funds rates) or one, two, three, or six month London Interbank Offered Rate (“LIBOR”) loans.  ABR loans bear interest at the defined ABR rate plus 0.00% (at our current leverage ratio) and LIBOR loans bear interest at the applicable LIBOR rate plus 1.25% (at our current leverage ratio).  As of December 31, 2014, outstanding revolving loans totaled $19,500 and had an all-in interest rate of 1.42% based on the LIBOR rate.  Our rates are subject to change based upon changes in our current leverage ratio.
	Euro Revolving Loans:  At our option, borrowings under the 16,000 Euro revolving loan can be based on one, two, three, or six month Euro Interbank Offered Rate (“EURIBOR”) rates and bear interest at the applicable EURIBOR rate plus 1.25% (at our current leverage ratio).  As of December 31, 2014, we had outstanding borrowings of 2,700 Euros ($3,282 based on the December 31, 2014 exchange rate) and had an all-in interest rate of 1.27% based on the EURIBOR rate.
	Canadian Dollar Revolving Loans:  At our option, borrowings under the 1,500 Canadian dollar revolving loan can be based on one, two, three or six month Canadian Dealer Offered Rate (“CDOR”) rates and bear interest at the applicable CDOR rate plus 1.50% (at our current leverage ratio).  As of December 31, 2014, there were no borrowings outstanding under our 1,500 Canadian dollar revolving loan.
	The syndicated credit facility was secured by the assets of DMC including accounts receivable, inventory, and fixed assets, as well as guarantees and share pledges by DMC.
	On February 23, 2015, we entered into a five-year $150,000 syndicated credit agreement which amended and replaced in its entirety our syndicated credit facility entered into on December 11, 2011. See "Subsequent Events" (footnote 12) for further information.
	Line of Credit with German Bank
	We maintain a line of credit with a German bank for certain DYNAenergetics operations.  This line of credit provides a borrowing capacity of 4,000 Euros and is also used by DYNAenergetics to issue bank guarantees to its customers to secure advance payments made by them.  As of December 31, 2014, we had no outstanding borrowings under this line of credit. As of December 31, 2014, we had bank guarantees secured by the line of credit of $1,220.  The line of credit bears interest at a EURIBOR-based variable rate which at December 31, 2014 was 3.85%.  The line of credit has open-ended terms and can be canceled by the bank at any time.
	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 December 31, 2014, we were in compliance with all financial covenants and other provisions of our debt agreements.
	Scheduled Debt Maturity
	We do not have any debt as of December 31, 2014 with scheduled maturity.

STOCK_OWNERSHIP_AND_BENEFIT_PL

STOCK OWNERSHIP AND BENEFIT PLANS	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK OWNERSHIP AND BENEFIT PLANS	STOCK OWNERSHIP AND BENEFIT PLANS
	On September 21, 2006, our stockholders approved, and we adopted, the 2006 Stock Incentive Plan (“2006 Plan”).  On May 23, 2013, our stockholders approved an amendment to the 2006 Plan to increase the number of shares of common stock that may be issued under the 2006 Plan. The 2006 Plan provides for the grant of various types of equity-based incentives, including stock options, restricted stock, restricted stock units, stock appreciation rights, performance shares, performance units and other stock-based awards.  There are a total of 1,617,500 shares available for grant under the 2006 Plan.  As of December 31, 2014, we have granted an aggregate of 1,217,221 shares of restricted stock and restricted stock units under the 2006 Plan, leaving 400,279 shares available for future grant.
	The following table sets forth the total stock-based compensation expense included in the Consolidated Statements of Operations:
		2014				2013			2012
	Cost of products sold	$	309			$	304		$	324
	General and administrative expenses	2,995				2,913			3,018
	Selling and distribution expenses	284				184			1,101
	Stock-based compensation expense before income taxes and discontinued operations	3,588				3,401			4,443
	Income tax benefit	(970		)		(990		)	(864		)
	Stock-based compensation expense before discontinued operations, net of income taxes	2,618				2,411			3,579
	Discontinued operations	112				—			—
	Income tax benefit	(38		)		—			—
	Stock-based compensation expense in discontinued operations, net of income taxes	74				—			—
	Stock-based compensation expense, net of income taxes	2,692				2,411			3,579
	Earnings per share impact - Basic:
	Continuing operations	$	0.19			$	0.18		$	0.27
	Discontinued operations	$	0.01			$	—		$	—
	Net income	$	0.2			$	0.18		$	0.27
	Earnings per share impact - Diluted:
	Continuing operations	$	0.19			$	0.18		$	0.27
	Discontinued operations	$	0.01			$	—		$	—
	Net income	$	0.2			$	0.18		$	0.27
	Our stock-based compensation expense results from restricted stock awards, restricted stock units and stock issued under the Employee Stock Purchase Plan.  Our 2012 stock-based compensation expense includes $672 relating to the accelerated recognition of stock-based compensation expense resulting from accelerated vesting of restricted stock awards associated with the retirement of our former President and Chief Executive Officer on March 1, 2013 and the December 31, 2012 retirement of another senior executive.  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 these management retirements.  This expense included $894 of stock-based compensation, with the remainder representing cash payments.
	Restricted Stock Awards and Units:  Restricted stock awards and restricted stock units are granted to employees and non-employee directors based on time-vesting and/or performance conditions. Stock awards with time-vesting only generally vest in one-third increments on the first, second, and third anniversary of the grant date.  For stock awards with performance conditions, one-quarter of the shares vest on each of the first and second anniversaries of the grant date.  On the third anniversary, all or a portion of the remaining one-half of the shares will vest based on a formula that takes into account the Company’s achievement of Adjusted EBITDA compared to a target amount and the relative total return to the Company’s stockholders in comparison to the total stockholder return of the Company’s peer group of public companies. The fair value of restricted stock and restricted stock unit awards granted to employees and non-employee directors is based on the fair value of DMC’s stock on the grant date. Stock awards granted to employees are amortized to compensation expense over the vesting period on a straight-line basis. Stock awards granted to non-employee directors are amortized to compensation expense over one year, which represents the term of their appointment.
	A summary of the activity of our nonvested shares of restricted stock issued under the 2006 Plan for the years ended December 31, 2014, 2013, and 2012 is as follows:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Balance at December 31, 2011	261,829			$	30.59
	Granted	116,900			20.74
	Vested	(136,344	)		27.2
	Balance at December 31, 2012	242,385			$	27.75
	Granted	163,579			16.37
	Vested	(216,851	)		27.95
	Forfeited	(2,000	)		22.05
	Balance at December 31, 2013	187,113			$	17.63
	Granted	157,680			21.31
	Vested	(81,823	)		18.55
	Forfeited	(250	)		22.05
	Balance at December 31, 2014	262,720			$	19.55
	On March 1, 2013 Kevin Longe, our President and Chief Executive Officer, was granted 30,000 shares of restricted stock outside of our 2006 Plan per specific exemptions in the Nasdaq regulations. The exemption relates to equity compensation agreed upon at an arms length basis to hire a new executive or director if the terms of the grant are promptly disclosed after the award. These shares vest in one-third increments on the first, second, and third anniversary of the date of grant.
	A summary of the activity of our nonvested restricted stock units for the years ended December 31, 2014, 2013, and 2012 is as follows:
		Share			Weighted Average
		Units			Grant Date
					Fair Value
	Balance at December 31, 2011	53,998			$	20.43
	Granted	50,200			20.44
	Vested	(20,769	)		20.43
	Forfeited	(3,000	)		21.15
	Balance at December 31, 2012	80,429			$	20.41
	Granted	56,217			15.67
	Vested	(35,001	)		20.88
	Forfeited	(2,300	)		19.01
	Balance at December 31, 2013	99,345			$	17.59
	Granted	33,895			21.25
	Vested	(48,674	)		18.87
	Balance at December 31, 2014	84,566			$	18.33
	As of December 31, 2014, there was $2,548 and $738 of total unrecognized stock-based compensation related to unvested restricted stock awards and restricted stock units, respectively.  The cost is expected to be recognized over a weighted average period of 1.63 years and 1.61 years for the restricted stock awards and restricted stock units, respectively.
	Employee Stock Purchase Plan
	We have an Employee Stock Purchase Plan (“ESPP”) which is authorized to issue up to 600,000 shares of which 115,218 shares remain available for future purchases. The offerings begin on the first day following each previous offering (“Offering Date”) and end six months from the offering date (“Purchase Date”).  The ESPP provides that full time employees may authorize DMC to withhold up to 15% of their earnings, subject to certain limitations, to be used to purchase common stock of DMC at the lesser of 85% of the fair market value of DMC’s common stock on the Offering Date or the Purchase Date. In connection with the ESPP, 20,148; 22,689; and 14,717 shares of our stock were purchased during the years ended December 31, 2014, 2013, and 2012, respectively.  Our total stock-based compensation expense for 2014, 2013, and 2012 includes $92, $76, and $58 respectively, in compensation expense associated with the ESPP.
	401(k) Plan
	We offer a contributory 401(k) plan to our employees. We make matching contributions equal to 100% of each employee’s contribution up to 3% of qualified compensation and 50% of the next 2% of qualified compensation contributed by each employee.  Total DMC contributions were $523, $485, and $431 for the years ended December 31, 2014, 2013 and 2012, respectively.
	Defined Benefit Plans
	We have defined benefit pension plans at certain foreign subsidiaries for which we have recorded an unfunded pension obligation of $1,143 and $910 as of December 31, 2014 and 2013, respectively, which is included in other long-term liabilities in the Consolidated Balance Sheets. All necessary adjustments to the obligation are based upon actuarial calculations are recorded directly to the statement of operations. We recognized net adjustments of $349, $67 and $235, respectively, for the years ended December 31, 2014, 2013 and 2012.

INCOME_TAXES_RESTATED

INCOME TAXES (RESTATED)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
INCOME TAXES (RESTATED)	INCOME TAXES (RESTATED)
	See Note 3 “Restatement of Previously-Issued Financial Statements” to the Consolidated Financial Statements for information on the adjustments made related to the restatement of previously-issued financial statements.
	The domestic and foreign components of income before tax for our operations for the years ended December 31 are summarized below:
		2014			2013			2012
					Restated			Restated
	Domestic	$	(706	)	$	6,339		$	6,312
	Foreign	6,545			3,470			8,836
		$	5,839		$	9,809		$	15,148
	The components of the provision for income taxes for the years ended December 31 are as follows:
		2014			2013			2012
					Restated			Restated
	Current - Federal	$	378		$	1,144		$	3,396
	Current - State	16			93			136
	Current - Foreign	3,774			3,020			2,254
	Current income tax expense	4,168			4,257			5,786
	Deferred - Federal	(236		)	658			(140		)
	Deferred - State	(82		)	(64		)	(27		)
	Deferred - Foreign	63			(1,115		)	(303		)
	Deferred income tax benefit	(255		)	(521		)	(470		)
	Income tax provision	$	3,913		$	3,736		$	5,316
	A reconciliation of our income tax provision computed by applying the Federal statutory income tax rate of 35% in December 31, 2014, 2013, and 2012 to income before taxes is as follows:
		2014			2013			2012
					Restated			Restated
	Statutory U.S. federal income tax	$	2,042		$	3,401		$	5,302
	U.S. state income tax, net of federal benefit	(15		)	85			45
	Foreign rate differential	(1,558		)	(1,259		)	(2,271		)
	Domestic production activities deduction	(21		)	(211		)	(316		)
	Tax audit adjustments	(338		)	812			—
	Intercompany distributions	16			2,239			—
	Foreign equity compensation	338			234			254
	Deemed repatriation of foreign earnings	—			(908		)	908
	Current year tax credits	(156		)	(628		)	(29		)
	Change in valuation allowances	3,737			73			—
	Other	(132		)	(102		)	1,423
	Provision for income taxes	$	3,913		$	3,736		$	5,316
	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. In jurisdictions where we have incurred a three-year cumulative loss, we recorded a valuation allowance against the corresponding net deferred tax assets in the third and fourth quarters in the amount of $3,737 in 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, legislation which retroactively changed federal tax laws for 2012. Since this legislation was enacted in 2013, the financial statement benefit from these changes, totaling $908, was reflected in the provision for income taxes in the consolidated statement of operations during the twelve months ended December 31, 2013.
	Our deferred tax assets and liabilities at December 31, 2014 and 2013 consist of the following:
		2014			2013
					Restated
	Deferred tax assets:
	Net foreign operating loss carryforward	$	6,932		$	5,396
	Inventory differences	2,337			2,373
	Equity compensation	836			556
	Investment in subsidiaries	935			1,147
	Restructuring	1,265			—
	Other, net	418			591
	Gross deferred tax assets	12,723			10,063
	Less valuation allowances	(3,032		)	(75		)
	Total deferred tax assets	9,691			9,988
	Deferred tax liabilities:
	Purchased intangible assets	(9,813		)	(12,445		)
	Depreciation and amortization	(2,476		)	(1,676		)
	Other, net	(220		)	(238		)
	Total deferred tax liabilities	(12,509		)	(14,359		)
	Net deferred tax liabilities	$	(2,818	)	$	(4,371	)
	As of December 31, 2014, we had loss carryforwards for tax purposes totaling approximately $41,390, comprised solely of foreign loss carryforwards which will be available to offset future taxable income due to laws in certain foreign jurisdictions. If not used, the foreign tax loss carryforwards generally may be carried forward indefinitely or have at least a ten-year carryforward period. We have analyzed the foreign net operating losses and placed valuation allowance on those where we have determined the realization is not more likely than not to occur.
	As a result of stock-based compensation in December 31, 2014 we increased additional paid-in-capital by $106 for the tax impact and in December 31, 2013, and 2012, we decreased additional paid-in-capital by $907, and $453, respectively, for the tax impact.  To the extent these adjustments reduced taxes currently payable, they are not reflected in the current income tax provision for those years.
	As of December 31, 2014, 2013 and 2012, income considered to be permanently reinvested in non-U.S. subsidiaries totaled approximately $37,772, $37,795 and $42,543, respectively.  Deferred income taxes have not been provided on this undistributed income, as we do not plan to initiate any action that would require the payment of U.S. income taxes on these earnings.  It is not practical to estimate the amount of additional taxes that might be payable on these amounts of undistributed foreign income.
	At December 31, 2014 and 2013, the balance of unrecognized tax benefits was $0.  We recognize interest and penalties related to uncertain tax positions in operating expense.  As of December 31, 2014 and 2013, our accrual for interest and penalties related to uncertain tax positions was $0.
	DMC files income tax returns in the U.S. federal jurisdiction, as well as various U.S. state and foreign jurisdictions. No income tax examinations are currently in progress. Tax returns of our German subsidiaries were under routine examination by the German tax authorities for most of 2013. During 2013, German tax authorities proposed and we agreed to a settlement. The key provisions of the settlement resulted in a net reduction of the subsidiaries' loss carryforwards, which reduced the non-current deferred tax assets associated with these carryforwards that were recorded on our books.  Thus, we recorded an additional $812 in income tax expense to reflect these reductions. DMC’s U.S. Federal tax returns for the tax years 2011-2014 remain open to examination while most of DMC’s state tax returns remain open to examination for the tax years 2010-2014.  DMC’s foreign tax returns remain open to examination for the tax years 2009-2014.

BUSINESS_SEGMENTS

BUSINESS SEGMENTS	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
BUSINESS SEGMENTS	BUSINESS SEGMENTS
	Our business is organized in the following two segments:  NobelClad and DynaEnergetics. 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 DynaEnergetics 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.
	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 December 31, 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 Note 11 "Discontinued Operations" for further details.
	The accounting policies of all the segments are the same as those described in the summary of significant accounting policies.  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.
	Beginning in 2011, we changed our methodology of allocating corporate overhead to our business segments. In connection with this change, we no longer allocate certain corporate expenses that do not directly benefit our business segments. DMC corporate and our U.S. NobelClad business fall under the same legal entity and historically their general ledgers have been combined. Beginning January 1, 2013, and in connection with implementing a new ERP system, we have separated DMC corporate and NobelClad U.S. into two general ledgers. Therefore we now have specifically identified corporate property, plant and equipment that are not allocated to our business segments. These assets consist of computer hardware, computer software, leasehold improvements and furniture related to our corporate offices.
	Segment information is presented for the years ended December 31, 2014, 2013, and 2012 as follows:
		Year Ended December 31,
		2014			2013			2012
	Net sales:
	NobelClad	$	97,108		$	118,409		$	115,333
	DynaEnergetics	105,453			83,651			77,404
	Consolidated net sales	$	202,561		$	202,060		$	192,737
		Year Ended December 31,
		2014			2013			2012
	Income before income taxes:
	NobelClad	$	2,155		$	17,090		$	17,439
	DynaEnergetics	14,479			4,506			6,568
	Segment operating income	16,634			21,596			24,007
	Unallocated corporate expenses	(6,381		)	(7,217		)	(3,565		)
	Stock-based compensation	(3,588		)	(3,401		)	(4,443		)
	Other income (expense)	(313		)	(528		)	(32		)
	Interest expense	(551		)	(648		)	(832		)
	Interest income	38			7			13
	Consolidated income before income taxes	$	5,839		$	9,809		$	15,148
		Year Ended December 31,
		2014			2013			2012
	Depreciation and Amortization:
	NobelClad	$	6,482		$	6,118		$	5,580
	DynaEnergetics	6,672			6,150			5,648
	Segment depreciation and amortization	$	13,154		$	12,268		$	11,228
		Year Ended December 31,
		2014			2013			2012
	Capital Expenditures:
	NobelClad	$	13,696		$	2,425		$	4,747
	DynaEnergetics	7,366			13,022			10,386
	Segment capital expenditures	21,062			15,447			15,133
	Corporate and other	341			776			—
	Consolidated capital expenditures	$	21,403		$	16,223		$	15,133
		Year Ended December 31,
		2014			2013
	Assets:
	NobelClad	$	93,383		$	99,115
	DynaEnergetics	103,914			112,919
	Segment assets	197,297			212,034
	Cash and cash equivalents	9,400			10,598
	Prepaid expenses and other assets	6,438			6,170
	Deferred tax assets	4,558			3,859
	Corporate property, plant and equipment	1,636			1,585
	Assets held for sale	—			6,299
	Consolidated assets	$	219,329		$	240,545
	The geographic location of our property, plant and equipment, net of accumulated depreciation, is as follows:
			As of December 31,
			2014			2013
	United States		$	26,291		$	28,501
	Germany		21,210			12,703
	Russia		9,556			10,152
	France		4,440			5,801
	Canada		1,655			2,230
	Kazakhstan		461			438
	Rest of the world		222			390
	Total		$	63,835		$	60,215
	All of our sales are from products shipped from our manufacturing facilities and distribution centers located in the United States, Germany, France, Canada, Russia and Kazakhstan. The following represents our net sales based on the geographic location of the customer:
			For the Years Ended December 31,
		2014			2013			2012
United States		$	91,009		$	88,532		$	71,155
Canada		23,532			18,142			21,083
Iraq		11,348			4,243			1,756
Russia		7,992			5,992			6,472
Germany		7,721			9,208			13,992
India		7,617			8,888			3,874
South Korea		7,362			11,642			9,469
France		5,478			3,756			6,249
China		1,800			606			7,986
Kazakhstan		1,551			2,513			2,359
Rest of the world		37,151			48,538			48,342
Total		$	202,561		$	202,060		$	192,737
During the years ended December 31, 2014, 2013 and 2012, no one customer accounted for more than 10% of total net sales.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES
	We lease certain office space, equipment, storage space, vehicles and other equipment under various non-cancelable lease agreements. Future minimum rental commitments under non-cancelable leases are as follows:
			Operating Leases
	Year ended December 31 -
	2015		$	1,880
	2016		1,349
	2017		985
	2018		852
	2019		508
	Thereafter		940
	Total minimum payments		$	6,514
	Total rental expense included in continuing operations was $4,103, $3,838, and $3,146 for the years ended December 31, 2014, 2013, and 2012, respectively.
	During 2008, we entered into a license agreement and a risk allocation agreement related to our U.S. NobelClad business.  These agreements, which were amended in 2012, provide us with the ability to perform our explosive shooting process at a second shooting site in Pennsylvania.  Future minimum payments required to be made by us under these agreements are as follows:
	Year ended December 31 -
	2015	$	398
	2016	398
	2017	398
	2018	398
	2019	—
	Thereafter	—
	Total minimum payments	$	1,592
	In the normal course of business, we are party to various contractual disputes and claims. After considering our evaluations by legal counsel regarding pending actions, we are of the opinion that the outcome of such actions will not have a material adverse effect on the financial position or results of operations.

RETIREMENT_EXPENSES

RETIREMENT EXPENSES	12 Months Ended
	Dec. 31, 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 includes $894 of stock-based compensation, with the remainder representing cash payments.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS
	On October 1, 2014 DMC completed the sale of its AMK business. The net proceeds were $6,830, after final purchase price adjustments, and the purchase was financed through $4,330 in cash consideration and the issuance of a $2,500 90-day secured promissory note to the Company which was paid in full by December 31, 2014. The excess of the selling price over the carrying value of $1,476 was recorded in our Statement of Operations in the fourth quarter 2014. The operating results of AMK 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 years ended December 31, 2014, 2013 and 2012 are summarized as follows:
		2014			2013		2012
	Net sales	$	4,540		$	7,513	$	8,830
	Income (loss) from operations	$	(76	)	$	719	$	1,404
	Tax provision	1			241		461
	Income (loss) from operations, net of tax	$	(77	)	$	478	$	943
	Gain on sale of discontinued operations	$	1,476		$	—	$	—
	Tax provision	758			—		—
	Gain on sale of discontinued operations, net of tax	$	718		$	—	$	—
	The assets and liabilities of AMK have been reflected in assets and liabilities held for sale in the Condensed Consolidated Balance Sheet as of December 31, 2013 and are comprised of the following:
		December 31,
		2013
	Cash	$	19
	Accounts receivable	930
	Inventory	359
	Prepaid expenses and other	6
	Current deferred tax assets	67
	Property, plant and equipment, net	4,801
	Noncurrent deferred tax assets	117
	Total assets	$	6,299
	Accounts payable	$	101
	Accrued expenses	63
	Accrued employee compensation	254
	Customer advances	6
	Noncurrent deferred tax liabilities	402
	Total liabilities	$	826

RESTRUCTURING

RESTRUCTURING	12 Months Ended
	Dec. 31, 2014
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING
	On October 23, 2014 we signed an agreement to purchase a manufacturing facility in the Siegerland region of Germany for $13,140.  The facility will significantly enhance NobelClad segment’s manufacturing capabilities and its ability to serve customers throughout Europe, the Middle East and Africa. On October 27, 2014, management announced the plan to restructure its NobelClad European operations. Clad metal plate production will be shifted from facilities in both Rivesaltes, France and Wurgendorf, Germany to the new manufacturing facility in Germany. NobelClad's Rivesaltes plant will continue to produce transition joints with a reduced workforce while the Wurgendorf site will be closed and its workers will be transferred to the new facility. We expect to incur total pretax restructuring and impairment charges of approximately $7,250 associated with this plan of which $6,781 ($5,135 after-tax) was incurred in the fourth quarter of 2014. The pretax restructuring charges recorded in the fourth quarter of 2014 included severance of $2,466, non-cash impairment charges of $3,946 primarily associated with the Wurgendorf facility and leasehold improvements at a leased facility in France, both of which are being closed under the consolidation program, and other exit costs of $369. The restructuring and impairment charges are reported in the “restructuring expenses” line item in our consolidated statement of operations for the the year ended December 31, 2014. We expect to incur additional restructuring charges of approximately $500 primarily related to equipment relocation in the first and second quarters of 2015. As of December 31, 2014 we recorded a liability for restructuring charges of $2,486 primarily related to accrued severance, which we will be paid out in 2015.

SELECTED_QUARTERLY_FINANCIAL_D

SELECTED QUARTERLY FINANCIAL DATA	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SELECTED QUARTERLY FINANCIAL DATA	RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS
	On March 5, 2015, we concluded to restate our financial statements and related disclosures to correct non-cash errors reported in our historical consolidated financial statements related to income tax expense and related deferred tax assets and liabilities at our business entities in Germany as well as other adjustments, which were immaterial.
	The errors arose from incorrect income tax accounting at our operations in Germany. In November 15, 2007, we acquired DynaEnergetics under a newly created German subsidiary DynaEnergetics Holding GmbH (“Holding Co”). Subsequent to the acquisition we recognized income tax expense or benefits for German federal and local income tax purposes and paid cash taxes accordingly for Holding Co. However, we incorrectly had been deferring the recognition of the income tax expense or benefit in our calculation of net income for purposes of U.S. GAAP reporting.
	The non-cash impact of the restatement and other adjustments, which were immaterial, decreased income from continuing operations by $1,036 in 2013 and $919 in 2012. The cumulative effect of the errors increased shareholders’ equity by $2,000 as of December 31, 2011. The restatement only impacted the income tax provision (benefit) line item in our consolidated statements of operations for the years ended December 31, 2013 and 2012, respectively. The restatement had no impact on the Company’s revenues, did not affect the Company’s cash balances and has no effect on the Company’s future operations.
	The following table summarizes the impact of the restatement on our previously reported consolidated balance sheet for the year ending December 31, 2013 (in thousands, except share and per share data):
		31-Dec-13
		As Reported			Adjustments			Restated
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	10,598		$	—		$	10,598
	Accounts receivable, net of allowance for doubtful accounts of $419	37,785			—			37,785
	Inventory, net	41,191			—			41,191
	Prepaid expenses and other	4,375			(98		)	4,277
	Current deferred tax assets	3,440			16			3,456
	Assets held for sale	6,299			—			6,299
	Total current assets	103,688			(82		)	103,606
	PROPERTY, PLANT AND EQUIPMENT	98,573			—			98,573
	Less - accumulated depreciation	(38,358		)	—			(38,358		)
	Property, plant and equipment, net	60,215			—			60,215
	GOODWILL, net	37,970			—			37,970
	PURCHASED INTANGIBLE ASSETS, net	36,458			—			36,458
	DEFERRED TAX ASSETS	388			15			403
	OTHER ASSETS, net	1,893			—			1,893
	TOTAL ASSETS	$	240,612		$	(67	)	$	240,545
		31-Dec-13
		As Reported			Adjustments			Restated
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	CURRENT LIABILITIES:
	Accounts payable	$	14,567		$	—		$	14,567
	Accrued expenses	3,927			—			3,927
	Dividend payable	550			—			550
	Accrued income taxes	2,811			(154		)	2,657
	Accrued employee compensation and benefits	4,552			—			4,552
	Customer advances	1,019			—			1,019
	Current debt obligations	2,907			—			2,907
	Current deferred tax liabilities	435			—			435
	Liabilities related to assets held for sale	826			—			826
	Total current liabilities	31,594			(154		)	31,440
	LINES OF CREDIT	26,400			—			26,400
	DEFERRED TAX LIABILITIES	7,945			(150		)	7,795
	OTHER LONG-TERM LIABILITIES	1,881			—			1,881
	Total liabilities	67,820			(304		)	67,516
	COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
	STOCKHOLDERS’ EQUITY:
	Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—
	Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding	689			—			689
	Additional paid-in capital	62,934			—			62,934
	Retained earnings	113,399			(9		)	113,390
	Other cumulative comprehensive loss	(4,230		)	246			(3,984		)
	Total stockholders’ equity	172,792			237			173,029
	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	240,612		$	(67	)	$	240,545
	The following tables summarize the impact of the restatement on our previously reported statements of consolidated operations for fiscal years 2013 and 2012 (in thousands, except per share data):
		Year Ended December 31, 2013									Year Ended December 31, 2012
		As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
	NET SALES	$	202,060		$	—		$	202,060		$	192,737		$	—		$	192,737
	COST OF PRODUCTS SOLD	143,926			—			143,926			135,085			—			135,085
	Gross profit	58,134			—			58,134			57,652			—			57,652
	COSTS AND EXPENSES:
	General and administrative expenses	24,672			—			24,672			18,489			—			18,489
	Selling and distribution expenses	16,136			—			16,136			16,954			—			16,954
	Amortization of purchased intangible assets	6,348			—			6,348			6,210			—			6,210
	Total costs and expenses	47,156			—			47,156			41,653			—			41,653
	INCOME FROM OPERATIONS	10,978			—			10,978			15,999			—			15,999
	OTHER INCOME (EXPENSE):
Other income (expense), net	(528		)	—			(528		)	(32		)	—			(32		)
Interest expense	(648		)	—			(648		)	(832		)	—			(832		)
Interest income	7			—			7			13			—			13
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	9,809			—			9,809			15,148			—			15,148
INCOME TAX PROVISION	2,700			1,036			3,736			4,397			919			5,316
INCOME FROM CONTINUING OPERATIONS	7,109			(1,036		)	6,073			10,751			(919		)	9,832
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	478			—			478			943			—			943
NET INCOME	7,587			(1,036		)	6,551			11,694			(919		)	10,775
Less: Net income (loss) attributable to non-controlling interest	92			—			92			(2		)	—			(2		)
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,495		$	(1,036	)	$	6,459		$	11,696		$	(919	)	$	10,777
INCOME PER SHARE - BASIC:
Continuing operations	$	0.52		$	(0.08	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.55		$	(0.08	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.07	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.54		$	(0.07	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,533,566			—			13,533,566			13,264,636			—			13,264,636
Diluted	13,537,525			—			13,537,525			13,268,713			—			13,268,713
DIVIDENDS DECLARED PER COMMON SHARE	$	0.16		$	—		$	0.16		$	0.16		$	—		$	0.16
The following tables summarize the impact of the restatement on our previously reported consolidated statements of comprehensive income for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013									Year Ended December 31, 2012
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,587		$	(1,036	)	$	6,551		$	11,694		$	(919	)	$	10,775
Change in cumulative foreign currency translation adjustment	2,237			382			2,619			2,796			(190		)	2,606
Total comprehensive income	9,824			(654		)	9,170			14,490			(1,109		)	13,381
Comprehensive income attributable to non-controlling interest	96			—			96			1			—			1
Comprehensive income attributable to Dynamic Materials Corporation	$	9,728		$	(654	)	$	9,074		$	14,489		$	(1,109	)	$	13,380
The following tables summarize the impact of the restatement on our previously reported consolidated statements of cash flows for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,587		$	(1,036	)	$	6,551
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(478		)	—			(478		)
Depreciation (including capital lease amortization)	5,920			—			5,920
Amortization of purchased intangible assets	6,348			—			6,348
Amortization of deferred debt issuance costs	102			—			102
Stock-based compensation	3,401			—			3,401
Deferred income tax benefit	(1,666		)	1,145			(521		)
Loss on disposal of property, plant and equipment	50			—			50
Restructuring and impairment charges	756			—			756
Change in:
Accounts receivable, net	(2,185		)	—			(2,185		)
Inventory, net	6,750			—			6,750
Prepaid expenses and other	79			10			89
Accounts payable	2,228			—			2,228
Customer advances	(360		)	—			(360		)
Accrued expenses and other liabilities	1,707			(119		)	1,588
Net cash flows provided by continuing operations	30,239			—			30,239
Net cash flows provided by discontinued operations	1,777			—			1,777
Net cash provided by operating activities	32,016			—			32,016
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(16,223		)	—			(16,223		)
Acquisition of minority interest	(180		)	—			(180		)
Change in other non-current assets	(489		)	—			(489		)
Net cash flows used in continuing operations	(16,892		)	—			(16,892		)
Net cash flows used in discontinued operations	(1,348		)	—			(1,348		)
Net cash used in investing activities	(18,240		)	—			(18,240		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,592		)	—			(9,592		)
Payment on loans with former owners of LRI	(63		)	—			(63		)
Payment on capital lease obligations	(40		)	—			(40		)
Payment of dividends	(2,187		)	—			(2,187		)
Other	295			—			295
Net cash used in financing activities	(11,587		)	—			(11,587		)
EFFECTS OF EXCHANGE RATES ON CASH	191			—			191
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,380			—			2,380
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	10,598		$	—		$	10,598
	Year Ended December 31, 2012
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	11,694		$	(919	)	$	10,775
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(943		)	—			(943		)
Depreciation (including capital lease amortization)	5,018			—			5,018
Amortization of purchased intangible assets	6,210			—			6,210
Amortization of deferred debt issuance costs	124			—			124
Stock-based compensation	4,443			—			4,443
Deferred income tax benefit	(1,159		)	689			(470		)
Change in:
Accounts receivable, net	717			—			717
Inventory, net	(2,380		)	—			(2,380		)
Prepaid expenses and other	463			88			551
Accounts payable	(3,616		)	—			(3,616		)
Customer advances	(556		)	—			(556		)
Accrued expenses and other liabilities	(551		)	142			(409		)
Net cash flows provided by continuing operations	19,464			—			19,464
Net cash flows provided by discontinued operations	1,092			—			1,092
Net cash provided by operating activities	20,556			—			20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(15,133		)	—			(15,133		)
Acquisition of TRX Industries	(10,294		)	—			(10,294		)
Change in other non-current assets	(224		)	—			(224		)
Net cash flows used in continuing operations	(25,651		)	—			(25,651		)
Net cash flows used in discontinued operations	(514		)	—			(514		)
Net cash used in investing activities	(26,165		)	—			(26,165		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	12,174			—			12,174
Payment on loans with former owners of LRI	(1,176		)	—			(1,176		)
Payment on capital lease obligations	(66		)	—			(66		)
Payment of dividends	(2,155		)	—			(2,155		)
Other	(260		)	—			(260		)
Net cash provided by financing activities	8,517			—			8,517
EFFECTS OF EXCHANGE RATES ON CASH	(8		)	—			(8		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,900			—			2,900
CASH AND CASH EQUIVALENTS, beginning of the period	5,318			—			5,318
CASH AND CASH EQUIVALENTS, end of the period	$	8,218		$	—		$	8,218
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
As more fully discussed in Note 3 “Restatement of Previously-Issued Financial Statements,” the following operating results for each of the eight fiscal quarters in the two year period ended December 31, 2014 (except for the current quarter ending December 31, 2014) have been restated to reflect adjustments to our previously-issued consolidated financial statements.
The "As Reported" financial statements reflect the financial results of AMK as discontinued operations due to the completed sale of AMK on October 1, 2014. See Note 11 "Discontinued Operations" for further details. For the years ended December 31, 2014 and 2013, AMK represented less than 5% of consolidated assets, consolidated sales and consolidated operating income.
The following tables summarize the impact of the restatement on our previously reported interim consolidated balance sheet for fiscal years 2014 and 2013 (in thousands, except share and per share data):
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	9,131		$	—		$	9,131		$	8,246		$	—		$	8,246
Accounts receivable, net of allowance for doubtful accounts of $459 and $440, respectively	35,973			—			35,973			31,948			—			31,948
Inventory, net	43,106			(54		)	43,052			46,491			—			46,491
Prepaid expenses and other	6,142			(98		)	6,044			5,956			(89		)	5,867
Current deferred tax assets	2,424			16			2,440			1,587			2			1,589
Assets held for sale	6,276			—			6,276			5,402			—			5,402
Total current assets	103,052			(136		)	102,916			99,630			(87		)	99,543
PROPERTY, PLANT AND EQUIPMENT	100,208			—			100,208			85,896			—			85,896
Less - accumulated depreciation	(40,934		)	202			(40,732		)	(33,661		)	—			(33,661		)
Property, plant and equipment, net	59,274			202			59,476			52,235			—			52,235
GOODWILL, net	37,689			—			37,689			36,125			—			36,125
PURCHASED INTANGIBLE ASSETS, net	34,597			—			34,597			39,428			—			39,428
DEFERRED TAX ASSETS	552			44			596			1,060			(138		)	922
OTHER ASSETS, net	1,711			—			1,711			529			—			529
TOTAL ASSETS	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	13,438		$	—		$	13,438		$	10,362		$	—		$	10,362
Accrued expenses	4,315			—			4,315			4,453			—			4,453
Dividend payable	557			—			557			547			—			547
Accrued income taxes	2,034			(102		)	1,932			295			5			300
Accrued employee compensation and benefits	3,140			—			3,140			3,778			—			3,778
Customer advances	2,996			—			2,996			1,378			—			1,378
Current debt obligations	516			—			516			64			—			64
Current portion of capital lease obligations	10			—			10			50			—			50
Current deferred tax liabilities	404			—			404			155			—			155
Liabilities related to assets held for sale	758			—			758			543			—			543
Total current liabilities	28,168			(102		)	28,066			21,625			5			21,630
LINES OF CREDIT	26,900			—			26,900			38,256			—			38,256
LONG-TERM DEBT	—			—			—			37			—			37
CAPITAL LEASE OBLIGATIONS	7			—			7			6			—			6
DEFERRED TAX LIABILITIES	7,566			158			7,724			8,344			(1,021		)	7,323
OTHER LONG-TERM LIABILITIES	1,930			88			2,018			1,582			—			1,582
Total liabilities	64,571			144			64,715			69,850			(1,016		)	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,944,094 and 13,683,307 shares issued and outstanding, respectively	698			—			698			684			—			684
Additional paid-in capital	63,589			101			63,690			60,682			—			60,682
Retained earnings	114,480			(160		)	114,320			107,769			919			108,688
Other cumulative comprehensive loss	(6,463		)	25			(6,438		)	(10,087		)	(128		)	(10,215		)
Total DMC’s stockholders’ equity	172,304			(34		)	172,270			159,048			791			159,839
Non-controlling interest	—			—			—			109			—			109
Total stockholders’ equity	172,304			(34		)	172,270			159,157			791			159,948
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	8,643		$	—		$	8,643		$	2,368		$	—		$	2,368
Accounts receivable, net of allowance for doubtful accounts of $504 and $471, respectively	38,409			—			38,409			39,959			—			39,959
Inventory, net	45,887			—			45,887			45,190			—			45,190
Prepaid expenses and other	7,218			(98		)	7,120			5,504			(89		)	5,415
Current deferred tax assets	2,532			16			2,548			1,944			2			1,946
Assets held for sale	6,155			—			6,155			6,206			—			6,206
Total current assets	108,844			(82		)	108,762			101,171			(87		)	101,084
PROPERTY, PLANT AND EQUIPMENT	102,564			—			102,564			90,651			—			90,651
Less - accumulated depreciation	(42,220		)	202			(42,018		)	(35,010		)	—			(35,010		)
Property, plant and equipment, net	60,344			202			60,546			55,641			—			55,641
GOODWILL, net	37,161			—			37,161			36,447			—			36,447
PURCHASED INTANGIBLE ASSETS, net	32,939			—			32,939			38,121			—			38,121
DEFERRED TAX ASSETS	792			(276		)	516			458			(139		)	319
OTHER ASSETS, net	1,868			—			1,868			505			—			505
TOTAL ASSETS	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,689		$	—		$	9,689		$	14,111		$	—		$	14,111
Accrued expenses	3,671			—			3,671			4,657			—			4,657
Dividend payable	559			—			559			549			—			549
Accrued income taxes	2,471			(154		)	2,317			906			5			911
Accrued employee compensation and benefits	4,119			—			4,119			4,338			—			4,338
Customer advances	2,617			—			2,617			4,758			—			4,758
Current debt obligations	20			—			20			63			—			63
Current portion of capital lease obligations	5			—			5			45			—			45
Current deferred tax liabilities	417			—			417			155			—			155
Liabilities related to assets held for sale	742			—			742			820			—			820
Total current liabilities	24,310			(154		)	24,156			30,402			5			30,407
LINES OF CREDIT	31,800			—			31,800			28,843			—			28,843
LONG-TERM DEBT	—			—			—			20			—			20
CAPITAL LEASE OBLIGATIONS	6			—			6			—			—			—
DEFERRED TAX LIABILITIES	7,186			554			7,740			8,050			(646		)	7,404
OTHER LONG-TERM LIABILITIES	2,000			58			2,058			1,668			—			1,668
Total liabilities	65,302			458			65,760			68,983			(641		)	68,342
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,750,163 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	64,861			89			64,950			61,530			—			61,530
Retained earnings	116,808			(731		)	116,077			110,659			545			111,204
Other cumulative comprehensive loss	(5,722		)	28			(5,694		)	(9,642		)	(130		)	(9,772		)
Total DMC’s stockholders’ equity	176,646			(614		)	176,032			163,235			415			163,650
Non-controlling interest	—			—			—			125			—			125
Total stockholders’ equity	176,646			(614		)	176,032			163,360			415			163,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	14,932		$	—		$	14,932		$	9,333		$	—		$	9,333
Accounts receivable, net of allowance for doubtful accounts of $599 and $340, respectively	30,923			—			30,923			30,394			—			30,394
Inventory, net	41,846			280			42,126			41,384			—			41,384
Prepaid expenses and other	7,161			(378		)	6,783			3,977			(89		)	3,888
Current deferred tax assets	5,583			16			5,599			2,513			2			2,515
Assets held for sale	6,011			—			6,011			6,610			—			6,610
Total current assets	106,456			(82		)	106,374			94,211			(87		)	94,124
PROPERTY, PLANT AND EQUIPMENT	100,305			—			100,305			95,717			—			95,717
Less - accumulated depreciation	(42,625		)	202			(42,423		)	(36,469		)	—			(36,469		)
Property, plant and equipment, net	57,680			202			57,882			59,248			—			59,248
GOODWILL, net	34,382			—			34,382			37,553			—			37,553
PURCHASED INTANGIBLE ASSETS, net	29,403			—			29,403			37,646			—			37,646
DEFERRED TAX ASSETS	439			(9		)	430			397			(239		)	158
OTHER ASSETS, net	1,236			—			1,236			499			—			499
TOTAL ASSETS	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,104		$	—		$	9,104		$	9,020		$	—		$	9,020
Accrued expenses	3,245			—			3,245			4,222			—			4,222
Dividend payable	559			—			559			550			—			550
Accrued income taxes	3,030			(58		)	2,972			1,325			(88		)	1,237
Accrued employee compensation and benefits	4,667			—			4,667			5,346			—			5,346
Customer advances	2,364			—			2,364			1,387			—			1,387
Current debt obligations	4			—			4			65			—			65
Current portion of capital lease obligations	5			—			5			33			—			33
Current deferred tax liabilities	435			—			435			274			—			274
Liabilities related to assets held for sale	721			—			721			765			—			765
Total current liabilities	24,134			(58		)	24,076			22,987			(88		)	22,899
LINES OF CREDIT	26,000			—			26,000			25,550			—			25,550
LONG-TERM DEBT	—			—			—			5			—			5
CAPITAL LEASE OBLIGATIONS	4			—			4			—			—			—
DEFERRED TAX LIABILITIES	8,641			866			9,507			8,084			(242		)	7,842
OTHER LONG-TERM LIABILITIES	1,958			30			1,988			1,755			—			1,755
Total liabilities	60,737			838			61,575			58,381			(330		)	58,051
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,759,007 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	65,836			78			65,914			62,099			—			62,099
Retained earnings	118,745			(888		)	117,857			113,670			167			113,837
Other cumulative comprehensive loss	(16,421		)	83			(16,338		)	(5,464		)	(163		)	(5,627		)
Total DMC’s stockholders’ equity	168,859			(727		)	168,132			170,993			4			170,997
Non-controlling interest	—			—			—			180			—			180
Total stockholders’ equity	168,859			(727		)	168,132			171,173			4			171,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of operations (in thousands, except per share data):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	46,769		$	—		$	46,769		$	44,836		$	—		$	44,836
COST OF PRODUCTS SOLD	32,203			(148		)	32,055			32,047			—			32,047
Gross profit	14,566			148			14,714			12,789			—			12,789
COSTS AND EXPENSES:
General and administrative expenses	5,542			250			5,792			8,014			—			8,014
Selling and distribution expenses	4,223			—			4,223			4,030			—			4,030
Amortization of purchased intangible assets	1,616			—			1,616			1,585			—			1,585
Total costs and expenses	11,381			250			11,631			13,629			—			13,629
INCOME (LOSS) FROM OPERATIONS	3,185			(102		)	3,083			(840		)	—			(840		)
OTHER INCOME (EXPENSE):
Other income (expense), net	(435		)	—			(435		)	296			—			296
Interest expense	(109		)	—			(109		)	(172		)	—			(172		)
Interest income	5			—			5			3			—			3
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	2,646			(102		)	2,544			(713		)	—			(713		)
INCOME TAX PROVISION (BENEFIT)	692			49			741			(1,049		)	108			(941		)
INCOME FROM CONTINUING OPERATIONS	1,954			(151		)	1,803			336			(108		)	228
DISCONTINUED OPERATIONS:
Loss from operations of discontinued operations, net of tax	(316		)	—			(316		)	(93		)	—			(93		)
NET INCOME	1,638			(151		)	1,487			243			(108		)	135
Less: Net income attributable to non-controlling interest	—			—			—			28			—			28
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	1,638		$	(151	)	$	1,487		$	215		$	(108	)	$	107
INCOME PER SHARE - BASIC:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,644,239			—			13,644,239			13,509,792			—			13,509,792
Diluted	13,649,953			—			13,649,953			13,513,797			—			13,513,797
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,911		$	—		$	51,911		$	55,554		$	—		$	55,554
COST OF PRODUCTS SOLD	36,067			(54		)	36,013			39,155			—			39,155
Gross profit	15,844			54			15,898			16,399			—			16,399
COSTS AND EXPENSES:
General and administrative expenses	5,813			(42		)	5,771			5,006			—			5,006
Selling and distribution expenses	4,733			—			4,733			4,310			—			4,310
Amortization of purchased intangible assets	1,617			—			1,617			1,568			—			1,568
Total costs and expenses	12,163			(42		)	12,121			10,884			—			10,884
INCOME FROM OPERATIONS	3,681			96			3,777			5,515			—			5,515
OTHER INCOME (EXPENSE):
Other income (expense), net	332			—			332			(420		)	—			(420		)
Interest expense	(174		)	—			(174		)	(183		)	—			(183		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,840			96			3,936			4,913			—			4,913
INCOME TAX PROVISION	1,172			667			1,839			1,768			373			2,141
INCOME FROM CONTINUING OPERATIONS	2,668			(571		)	2,097			3,145			(373		)	2,772
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	219			—			219			310			—			310
NET INCOME	2,887			(571		)	2,316			3,455			(373		)	3,082
Less: Net income attributable to non-controlling interest	—			—			—			15			—			15
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,887		$	(571	)	$	2,316		$	3,440		$	(373	)	$	3,067
INCOME PER SHARE - BASIC:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,672,457			—			13,672,457			13,526,623			—			13,526,623
Diluted	13,677,911			—			13,677,911			13,530,588			—			13,530,588
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	98,680		$	—		$	98,680		$	100,390		$	—		$	100,390
COST OF PRODUCTS SOLD	68,269			(202		)	68,067			71,203			—			71,203
Gross profit	30,411			202			30,613			29,187			—			29,187
COSTS AND EXPENSES:
General and administrative expenses	11,356			208			11,564			13,019			—			13,019
Selling and distribution expenses	8,956			—			8,956			8,340			—			8,340
Amortization of purchased intangible assets	3,232			—			3,232			3,153			—			3,153
Total costs and expenses	23,544			208			23,752			24,512			—			24,512
INCOME FROM OPERATIONS	6,867			(6		)	6,861			4,675			—			4,675
OTHER INCOME (EXPENSE):
Other income (expense), net	(103		)	—			(103		)	(124		)	—			(124		)
Interest expense	(283		)	—			(283		)	(355		)	—			(355		)
Interest income	5			—			5			4			—			4
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	6,486			(6		)	6,480			4,200			—			4,200
INCOME TAX PROVISION	1,864			716			2,580			719			482			1,201
INCOME FROM CONTINUING OPERATIONS	4,622			(722		)	3,900			3,481			(482		)	2,999
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(97		)	—			(97		)	217			—			217
NET INCOME	4,525			(722		)	3,803			3,698			(482		)	3,216
Less: Net income attributable to non-controlling interest	—			—			—			43			—			43
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	4,525		$	(722	)	$	3,803		$	3,655		$	(482	)	$	3,173
INCOME PER SHARE - BASIC:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,668,223			—			13,668,223			13,523,028			—			13,523,028
Diluted	13,673,807			—			13,673,807			13,527,011			—			13,527,011
DIVIDENDS DECLARED PER COMMON SHARE	$	0.08		$	—		$	0.08		$	0.08		$	—		$	0.08
	Three months ended September 30, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,886		$	—		$	51,886		$	52,331		$	—		$	52,331
COST OF PRODUCTS SOLD	36,803			—			36,803			36,229			—			36,229
Gross profit	15,083			—			15,083			16,102			—			16,102
COSTS AND EXPENSES:
General and administrative expenses	5,503			(40		)	5,463			5,672			—			5,672
Selling and distribution expenses	4,639			—			4,639			3,658			—			3,658
Amortization of purchased intangible assets	1,575			—			1,575			1,581			—			1,581
Total costs and expenses	11,717			(40		)	11,677			10,911			—			10,911
INCOME FROM OPERATIONS	3,366			40			3,406			5,191			—			5,191
OTHER INCOME (EXPENSE):
Other income (expense), net	472			—			472			(247		)	—			(247		)
Interest expense	(137		)	—			(137		)	(129		)	—			(129		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702			40			3,742			4,816			—			4,816
INCOME TAX PROVISION	1,224			196			1,420			1,460			378			1,838
INCOME FROM CONTINUING OPERATIONS	2,478			(156		)	2,322			3,356			(378		)	2,978
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	20			—			20			255			—			255
NET INCOME	2,498			(156		)	2,342			3,611			(378		)	3,233
Less: Net income attributable to non-controlling interest	—			—			—			49			—			49
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,498		$	(156	)	$	2,342		$	3,562		$	(378	)	$	3,184
INCOME PER SHARE - BASIC:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,688,649			—			13,688,649			13,540,394			—			13,540,394
Diluted	13,690,174			—			13,690,174			13,544,665			—			13,544,665
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	150,566		$	—		$	150,566		$	152,720		$	—		$	152,720
COST OF PRODUCTS SOLD	105,073			(202		)	104,871			107,431			—			107,431
Gross profit	45,493			202			45,695			45,289			—			45,289
COSTS AND EXPENSES:
General and administrative expenses	16,858			169			17,027			18,694			—			18,694
Selling and distribution expenses	13,596			—			13,596			11,997			—			11,997
Amortization of purchased intangible assets	4,808			—			4,808			4,734			—			4,734
Total costs and expenses	35,262			169			35,431			35,425			—			35,425
INCOME FROM OPERATIONS	10,231			33			10,264			9,864			—			9,864
OTHER INCOME (EXPENSE):
Other income (expense), net	369			—			369			(371		)	—			(371		)
Interest expense	(420		)	—			(420		)	(484		)	—			(484		)
Interest income	6			—			6			5			—			5
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	10,186			33			10,219			9,014			—			9,014
INCOME TAX PROVISION	3,088			912			4,000			2,179			860			3,039
INCOME FROM CONTINUING OPERATIONS	7,098			(879		)	6,219			6,835			(860		)	5,975
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(77		)	—			(77		)	473			—			473
NET INCOME	7,021			(879		)	6,142			7,308			(860		)	6,448
Less: Net income attributable to non-controlling interest	—			—			—			92			—			92
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,021		$	(879	)	$	6,142		$	7,216		$	(860	)	$	6,356
INCOME PER SHARE - BASIC:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,676,730			—			13,676,730			13,528,880			—			13,528,880
Diluted	13,681,790			—			13,681,790			13,532,973			—			13,532,973
DIVIDENDS DECLARED PER COMMON SHARE	$	0.12		$	—		$	0.12		$	0.12		$	—		$	0.12
	Three months ended December 31, 2014			Three months ended December, 2013
	As Reported			As Reported			Adjustments			Restated
NET SALES	$	51,995		$	49,339		$	—		$	49,339
COST OF PRODUCTS SOLD	36,271			36,495			—			36,495
Gross profit	15,724			12,844			—			12,844
COSTS AND EXPENSES:
General and administrative expenses	6,740			5,980			—			5,980
Selling and distribution expenses	4,509			4,138			—			4,138
Amortization of purchased intangible assets	1,295			1,614			—			1,614
Restructuring expenses	6,781			—			—			—
Total costs and expenses	19,325			11,732			—			11,732
INCOME (LOSS) FROM OPERATIONS	(3,601		)	1,112			—			1,112
OTHER INCOME (EXPENSE):
Other income (expense), net	(682		)	(157		)	—			(157		)
Interest expense	(132		)	(164		)	—			(164		)
Interest income	32			2			—			2
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	(4,383		)	793			—			793
INCOME TAX PROVISION (BENEFIT)	(87		)	522			176			698
INCOME (LOSS) FROM CONTINUING OPERATIONS	(4,296		)	271			(176		)	95
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	—			6			—			6
Gain on sale of discontinued operations, net of tax	718			—			—			—
Income from discontinued operations	718			6			—			6
NET INCOME (LOSS)	(3,578		)	277			(176		)	101
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,696,399			13,543,007			—			13,543,007
Diluted	13,697,821			13,549,288			—			13,549,288
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	0.04		$	—		$	0.04
The following tables summarize the impact of the restatement on our previously reported interim consolidated statements of comprehensive income (loss) for the fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	1,638		$	(151	)	$	1,487		$	243		$	(108	)	$	135
Change in cumulative foreign currency translation adjustment	(2,233		)	(221		)	(2,454		)	(3,627		)	8			(3,619		)
Total comprehensive loss	(595		)	(372		)	(967		)	(3,384		)	(100		)	(3,484		)
Comprehensive income attributable to non-controlling interest	—			—			—			25			—			25
Comprehensive loss attributable to Dynamic Materials Corporation	$	(595	)	$	(372	)	$	(967	)	$	(3,409	)	$	(100	)	$	(3,509	)
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,887		$	(571	)	$	2,316		$	3,455		$	(373	)	$	3,082
Change in cumulative foreign currency translation adjustment	741			3			744			446			(3		)	443
Total comprehensive income	3,628			(568		)	3,060			3,901			(376		)	3,525
Comprehensive income attributable to non-controlling interest	—			—			—			16			—			16
Comprehensive income attributable to Dynamic Materials Corporation	$	3,628		$	(568	)	$	3,060		$	3,885		$	(376	)	$	3,509
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	4,525		$	(722	)	$	3,803		$	3,698		$	(482	)	$	3,216
Change in cumulative foreign currency translation adjustment	(1,492		)	(218		)	(1,710		)	(3,181		)	6			(3,175		)
Total comprehensive income	3,033			(940		)	2,093			517			(476		)	41
Comprehensive income attributable to non-controlling interest	—			—			—			41			—			41
Comprehensive income attributable to Dynamic Materials Corporation	$	3,033		$	(940	)	$	2,093		$	476		$	(476	)	$	—
	Three months ended September, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,498		$	(156	)	$	2,342		$	3,611		$	(378	)	$	3,233
Change in cumulative foreign currency translation adjustment	(10,701		)	54			(10,647		)	4,183			(33		)	4,150
Total comprehensive income (loss)	(8,203		)	(102		)	(8,305		)	7,794			(411		)	7,383
Comprehensive income attributable to non-controlling interest	—			—			—			55			—			55
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(8,203	)	$	(102	)	$	(8,305	)	$	7,739		$	(411	)	$	7,328
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,021		$	(879	)	$	6,142		$	7,308		$	(860	)	$	6,448
Change in cumulative foreign currency translation adjustment	(12,191		)	(163		)	(12,354		)	1,003			(27		)	976
Total comprehensive income (loss)	(5,170		)	(1,042		)	(6,212		)	8,311			(887		)	7,424
Comprehensive income attributable to non-controlling interest	—			—			—			96			—			96
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(5,170	)	$	(1,042	)	$	(6,212	)	$	8,215		$	(887	)	$	7,328
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of cash flows for fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,638		$	(151	)	$	1,487
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	316			—			316
Depreciation (including capital lease amortization)	1,826			(202		)	1,624
Amortization of purchased intangible assets	1,616			—			1,616
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	555			162			717
Deferred income tax benefit	612			58			670
Change in:
Accounts receivable, net	1,570			—			1,570
Inventory, net	(2,513		)	54			(2,459		)
Prepaid expenses and other	(1,867		)	—			(1,867		)
Accounts payable	(1,051		)	—			(1,051		)
Customer advances	1,980			—			1,980
Accrued expenses and other liabilities	(1,291		)	140			(1,151		)
Net cash flows provided by continuing operations	3,416			61			3,477
Net cash flows used in discontinued operations	(298		)	—			(298		)
Net cash provided by operating activities	3,118			61			3,179
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(1,994		)	—			(1,994		)
Change in other non-current assets	32			—			32
Net cash flows used in continuing operations	(1,962		)	—			(1,962		)
Net cash flows used in discontinued operations	(63		)	—			(63		)
Net cash used in investing activities	(2,025		)	—			(2,025		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(1,863		)	—			(1,863		)
Payment on loans with former owners of LRI	(15		)	—			(15		)
Payment on capital lease obligations	(15		)	—			(15		)
Payment of dividends	(550		)	—			(550		)
Net proceeds from issuance of common stock to employees and directors	22			—			22
Excess tax benefit from stock-based compensation	87			(61		)	26
Net cash used in financing activities	(2,334		)	(61		)	(2,395		)
EFFECTS OF EXCHANGE RATES ON CASH	(226		)	—			(226		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,467		)	—			(1,467		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	9,131		$	—		$	9,131
	Six months ended June 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	4,525		$	(722	)	$	3,803
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	97			—			97
Depreciation (including capital lease amortization)	3,581			(202		)	3,379
Amortization of purchased intangible assets	3,232			—			3,232
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	1,591			150			1,741
Deferred income tax benefit	72			776			848
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	(858		)	—			(858		)
Inventory, net	(5,000		)	—			(5,000		)
Prepaid expenses and other	(2,873		)	—			(2,873		)
Accounts payable	(4,778		)	—			(4,778		)
Customer advances	1,613			—			1,613
Accrued expenses and other liabilities	(645		)	59			(586		)
Net cash flows provided by continuing operations	613			61			674
Net cash flows provided by discontinued operations	48			—			48
Net cash provided by operating activities	661			61			722
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,123		)	—			(4,123		)
Change in other non-current assets	(59		)	—			(59		)
Net cash flows used in continuing operations	(4,182		)	—			(4,182		)
Net cash flows used in discontinued operations	(85		)	—			(85		)
Net cash used in investing activities	(4,267		)	—			(4,267		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	2,555			—			2,555
Payment on loans with former owners of LRI	(31		)	—			(31		)
Payment on capital lease obligations	(22		)	—			(22		)
Payment of dividends	(1,108		)	—			(1,108		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	112			(61		)	51
Net cash provided by financing activities	1,740			(61		)	1,679
EFFECTS OF EXCHANGE RATES ON CASH	(89		)	—			(89		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,955		)	—			(1,955		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	8,643		$	—		$	8,643
	Nine months ended September 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,021		$	(879	)	$	6,142
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	77			—			77
Depreciation (including capital lease amortization)	5,406			(202		)	5,204
Amortization of purchased intangible assets	4,808			—			4,808
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,565			139			2,704
Deferred income tax benefit	(608		)	863			255
Loss on disposal of property, plant and equipment	6			—			6
Change in:
Accounts receivable, net	5,342			—			5,342
Inventory, net	(3,012		)	280			(2,732		)
Prepaid expenses and other	(3,146		)	(267		)	(3,413		)
Accounts payable	(5,084		)	—			(5,084		)
Customer advances	1,445			—			1,445
Accrued expenses and other liabilities	683			127			810
Net cash flows provided by continuing operations	15,579			61			15,640
Net cash flows provided by discontinued operations	239			—			239
Net cash provided by operating activities	15,818			61			15,879
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(6,472		)	—			(6,472		)
Change in other non-current assets	373			—			373
Net cash flows used in continuing operations	(6,099		)	—			(6,099		)
Net cash flows used in discontinued operations	(120		)	—			(120		)
Net cash used in investing activities	(6,219		)	—			(6,219		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(3,213		)	—			(3,213		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(23		)	—			(23		)
Payment of dividends	(1,667		)	—			(1,667		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	113			(61		)	52
Net cash used in financing activities	(4,603		)	(61		)	(4,664		)
EFFECTS OF EXCHANGE RATES ON CASH	(662		)	—			(662		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,334			—			4,334
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	14,932		$	—		$	14,932
	Three months ended March 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	243		$	(108	)	$	135
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	93			—			93
Depreciation (including capital lease amortization)	1,272			—			1,272
Amortization of purchased intangible assets	1,585			—			1,585
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	1,422			—			1,422
Deferred income tax benefit	130			173			303
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	2,784			—			2,784
Inventory, net	619			—			619
Prepaid expenses and other	(952		)	—			(952		)
Accounts payable	(596		)	—			(596		)
Customer advances	55			—			55
Accrued expenses and other liabilities	(916		)	(65		)	(981		)
Net cash flows provided by continuing operations	5,785			—			5,785
Net cash flows provided by discontinued operations	559			—			559
Net cash provided by operating activities	6,344			—			6,344
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,366		)	—			(4,366		)
Change in other non-current assets	45			—			45
Net cash flows used in continuing operations	(4,321		)	—			(4,321		)
Net cash flows used in discontinued operations	(87		)	—			(87		)
Net cash used in investing activities	(4,408		)	—			(4,408		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(202		)	—			(202		)
Payment on loans with former owners of LRI	(16		)	—			(16		)
Payment on capital lease obligations	(13		)	—			(13		)
Payment of dividends	(540		)	—			(540		)
Excess tax benefit from stock-based compensation	(890		)	—			(890		)
Net cash used in financing activities	(1,661		)	—			(1,661		)
EFFECTS OF EXCHANGE RATES ON CASH	(247		)	—			(247		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	28			—			28
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	8,246		$	—		$	8,246
	Six months ended June 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	3,698		$	(482	)	$	3,216
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(217		)	—			(217		)
Depreciation (including capital lease amortization)	2,583			—			2,583
Amortization of purchased intangible assets	3,153			—			3,153
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	2,057			—			2,057
Deferred income tax benefit	229			547			776
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	(5,193		)	—			(5,193		)
Inventory, net	1,960			—			1,960
Prepaid expenses and other	(545		)	—			(545		)
Accounts payable	3,105			—			3,105
Customer advances	3,434			—			3,434
Accrued expenses and other liabilities	409			(65		)	344
Net cash flows provided by continuing operations	14,745			—			14,745
Net cash flows provided by discontinued operations	680			—			680
Net cash provided by operating activities	15,425			—			15,425
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(9,301		)	—			(9,301		)
Change in other non-current assets	192			—			192
Net cash flows used in continuing operations	(9,109		)	—			(9,109		)
Net cash flows used in discontinued operations	(425		)	—			(425		)
Net cash used in investing activities	(9,534		)	—			(9,534		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,811		)	—			(9,811		)
Payment on loans with former owners of LRI	(32		)	—			(32		)
Payment on capital lease obligations	(25		)	—			(25		)
Payment of dividends	(1,088		)	—			(1,088		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(836		)	—			(836		)
Net cash used in financing activities	(11,629		)	—			(11,629		)
EFFECTS OF EXCHANGE RATES ON CASH	(112		)	—			(112		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,850		)	—			(5,850		)
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	2,368		$	—		$	2,368
	Nine months ended September 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,308		$	(860	)	$	6,448
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	(473		)	—			(473		)
Depreciation (including capital lease amortization)	4,004			—			4,004
Amortization of purchased intangible assets	4,734			—			4,734
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,685			—			2,685
Deferred income tax benefit	(126		)	1,018			892
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	4,868			—			4,868
Inventory, net	6,588			—			6,588
Prepaid expenses and other	1,031			—			1,031
Accounts payable	(2,208		)	—			(2,208		)
Customer advances	21			—			21
Accrued expenses and other liabilities	1,303			(158		)	1,145
Net cash flows provided by continuing operations	29,816			—			29,816
Net cash flows provided by discontinued operations	655			—			655
Net cash provided by operating activities	30,471			—			30,471
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(13,426		)	—			(13,426		)
Change in other non-current assets	209			—			209
Net cash flows used in continuing operations	(13,217		)	—			(13,217		)
Net cash flows used in discontinued operations	(604		)	—			(604		)
Net cash used in investing activities	(13,821		)	—			(13,821		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(13,252		)	—			(13,252		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(39		)	—			(39		)
Payment of dividends	(1,637		)	—			(1,637		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(895		)	—			(895		)
Net cash used in financing activities	(15,707		)	—			(15,707		)
EFFECTS OF EXCHANGE RATES ON CASH	172			—			172
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,115			—			1,115
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	9,333		$	—		$	9,333

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2014
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS
	Amended Credit Facility
	On February 23, 2015, we entered into a five-year $150,000 syndicated credit agreement (“credit facility”) which amended and replaced in its entirety our prior syndicated credit facility entered into on December 11, 2011. The new credit facility allows for revolving loans of $90,000 in US dollars, $10,000 in alternate currencies and a $50,000 US dollar term loan facility. The term loan facility is available in a single advance and expires 364 days after the February 23, 2015 closing date. If drawn, the term loan is amortizable in quarterly installments as follows: 10% of principal is due in each of years one and two, 20% of principal is due in each of years three and four and 30% of principal is due in year five with the remaining balance due at maturity. The new facility has a $100,000 accordion feature to increase the commitments in any of the three previous loan classes subject to approval by applicable lenders. We entered into the credit facility with a syndicate of four banks, with JP Morgan Chase Bank, N.A. acting as administrative agent for the U.S. and Canadian dollar loans and JP Morgan Europe Ltd. acting as administrative agent for the Euro and other alternate currency loans. The syndicated credit facility is secured by the assets of DMC including accounts receivable, inventory, and fixed assets, as well as guarantees and share pledges by DMC and its subsidiaries.
	Borrowings under the $90,000 revolving loan and $50,000 term loan can be in the form of Alternate Base Rate loans (“ABR” borrowings are based on the greater of adjusted Prime rates, adjusted CD rates, or adjusted Federal Funds rates) or one, two, three, or six month London Interbank Offered Rate (“LIBOR”) loans. ABR loans bear interest at the defined ABR rate plus an applicable margin (varying from 0.25% to 1.25%) and LIBOR loans bear interest at the applicable LIBOR rate plus an applicable margin (varying from 1.25% to 2.25%).
	Borrowings under the $10,000 Alternate Currency revolving loans can be in Canadian Dollars, Euros, Pounds Sterling and any other currency that is freely transferable and convertible to U.S. Dollars. Alternative currency borrowings denominated in Canadian Dollars shall be comprised of Canadian Dealer Offered Rate (“CDOR”) Loans or Canadian Prime Loans, at our option, and bear interest at the CDOR rate plus applicable margin (varying from 1.25% to 2.25%) or the applicable Canadian Prime Rate plus an applicable margin (varying from 0.25% to 1.25%), respectively. Alternative currency borrowings denominated in Euros shall be comprised of Euro Interbank Offered Rate (“EURIBOR”) loans and bear interest at the EURIBOR rate plus an applicable margin (varying from 1.25% to 2.25%). Alternative currency borrowings denominated in any other alternate currency shall be comprised of Eurocurrency loans and bear interest at the LIBOR rate plus an applicable margin (varying from 1.25% to 2.25%).
	The credit facility includes 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 ratios.
	DynaEnergetics Restructuring
	In the first quarter of 2015, we launched several initiatives to enhance DynaEnergetics’ operational efficiencies and align its production and distribution resources with the anticipated demands of the market.  In January 2015, we closed two North American distribution centers. On February 24, 2014, we announced the closure of a perforating gun manufacturing facility and distribution center in Edmonton, Alberta. North America perforating gun manufacturing will be consolidated at DynaEnergetics existing gun facility in Whitney, Texas. We also are exiting several other distribution centers in Texas and Colombia. The Colombia market will continue to be served but from our existing facilities in Texas. Two new centralized distribution centers will replace the smaller and less efficient distribution centers being closed. In the first half of 2015, we expect to incur restructuring and impairment charges of approximately $1,500 to $2,500 related to these actions.
	Corporate Restructuring
	In the first quarter of 2015, we restructured our corporate office by eliminating several positions and two non-employee director positions. We expect to incur restructuring charges of approximately $1,500 to $2,000 in the first quarter of 2015 associated with severance and acceleration of unvested stock awards.

SCHEDULE_II_VALUATION_AND_QUAL

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES	12 Months Ended
	Dec. 31, 2014
Valuation and Qualifying Accounts [Abstract]
SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES	SCHEDULE II(a) - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
	ALLOWANCE FOR DOUBTFUL ACCOUNTS
		Balance at		Additions		Accounts			Other				Balance at
		beginning		charged to		receivable			Adjustments				end of
		of period		income		written off							period
	Year ended -
	December 31, 2012	$	424	$	63	$	(10	)	$	(71	)		$	406
	December 31, 2013	$	406	$	221	$	(13	)	$	(195	)		$	419
	December 31, 2014	$	419	$	140	$	—		$	(17	)		$	542
	SCHEDULE II(b) - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
	WARRANTY RESERVE
		Balance at		Additions		Repairs			Other				Balance at
		beginning		charged to		allowed			Adjustments				end of
		of period		income									period
	Year ended -
	December 31, 2012	$	540	$	172	$	(101	)	$	(190	)		$	421
	December 31, 2013	$	421	$	—	$	(117	)	$	(116	)		$	188
	December 31, 2014	$	188	$	162	$	(216	)	$	(4	)		$	130
	SCHEDULE II(c) - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
	INVENTORY RESERVE
		Balance at		Additions		Inventory			Other Adjustments			Balance at
		beginning		charged to		write-offs						end of
		of period		income								period
	Year ended -
	December 31, 2012	$	157	$	856	$	(676	)	—			$	337
	December 31, 2013	$	337	$	2,714	$	(1,322	)	—			$	1,729
	December 31, 2014	$	1,729	$	1,606	$	(77	)	(141	)		$	3,117

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation
	The consolidated financial statements include the accounts of 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.
Use of Estimates	Use of Estimates
	The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.  Actual results could differ from these estimates.
Foreign Operations and Foreign Exchange Rate Risk	Foreign Operations and Foreign Exchange Rate Risk
	The functional currency for our foreign operations is the applicable local currency for each affiliate company. Assets and liabilities of foreign subsidiaries for which the functional currency is the local currency are translated at exchange rates in effect at period-end, and the statements of operations are translated at the average exchange rates during the period.  Exchange rate fluctuations on translating foreign currency financial statements into U.S. dollars that result in unrealized gains or losses are referred to as translation adjustments. Cumulative translation adjustments are recorded as a separate component of stockholders’ equity and are included in other cumulative comprehensive income (loss). Transactions denominated in currencies other than the local currency are recorded based on exchange rates at the time such transactions arise. Subsequent changes in exchange rates result in transaction gains and losses, which are reflected in income as unrealized (based on period-end translations) or realized upon settlement of the transactions. Cash flows from our operations in foreign countries are translated at actual exchange rates when known, or at the average rate for the period. As a result, amounts related to assets and liabilities reported in the consolidated statements of cash flows will not agree to changes in the corresponding balances in the consolidated balance sheets. The effects of exchange rate changes on cash balances held in foreign currencies are reported as a separate line item below cash flows from financing activities.
Cash and Cash Equivalents	Cash and Cash Equivalents
	For purposes of the consolidated financial statements, we consider highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable
	We review our accounts receivable balance routinely to identify any specific customers with collectability issues.  In circumstances where we are aware of a specific customer’s inability to meets its financial obligation to us, we record a specific allowance for doubtful accounts (with the offsetting expense charged to our statement of operations) against the amounts due reducing the net recognized receivable to the amount we estimate will be collected.
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 movement for a certain duration are reserved against after a prescribed period.
Shipping and Handling Costs	Shipping and handling costs incurred by us upon shipment to customers are included in cost of products sold in the accompanying consolidated statements of operations.
Property, Plant and Equipment	Property, Plant and Equipment
	Property, plant and equipment are recorded at cost, except for assets acquired in acquisitions which are recorded at fair value. Additions, improvements, and betterments are capitalized. Maintenance and repairs are charged to operations as the costs are incurred.  Depreciation is computed using the straight-line method over the estimated useful life of the related asset (except leasehold improvements which are depreciated over the shorter of their estimated useful life or the lease term) as follows:
	Buildings and improvements	15-30 years
	Manufacturing equipment and tooling	3-15 years
	Furniture, fixtures, and computer equipment	3-10 years
	Other	3-10 years
Asset Impairments	Asset Impairments
	Finite-lived assets are tested for impairment whenever events or changes in circumstances indicate that their carrying value may not be recoverable. We compare the expected undiscounted future operating cash flows associated with these finite-lived assets to their respective carrying values to determine if they are fully recoverable when indicators of impairment are present. If the expected future operating cash flows of an asset are not sufficient to recover the carrying value, we estimate the fair value of the asset. Impairment is recognized when the carrying amount of the asset is not recoverable and when carrying value exceeds fair value. Long-lived assets to be disposed of, if any, are reported at the lower of carrying amount or fair value less cost to sell.
Goodwill	Goodwill
	Goodwill represents the excess of the purchase price in a business combination over the fair value of the net tangible and intangible assets acquired. The carrying value of goodwill is periodically reviewed for impairment (at a minimum annually) and whenever events or changes in circumstances indicate that the carrying amount of the asset may not be recoverable. Examples of such events or changes in circumstances, many of which are subjective in nature, include significant negative industry or economic trends, significant changes in the manner of our use of the acquired assets or our strategy, a significant decrease in the market value of the asset, and a significant change in legal factors or in the business climate that could affect the value of the asset.
	Our reporting units for goodwill impairment testing are currently the same as our reportable business segments: NobelClad and DynaEnergetics. Each business segment represents separately managed strategic business units and our chief operating decision maker reviews financial results and evaluates operating performance at this level.
	Goodwill impairment testing is performed annually as of December 31 for our NobelClad and DynaEnergetics reporting units. We utilize an income approach (discounted cash flow analysis) to determine the fair value of each reporting unit. We believe the discounted cash flow approach is the most reliable indicator of fair value for our reporting units. The key assumptions used in the discounted cash flows for both reporting units include, among other measures, expected future sales, operating income, working capital and capital expenditures. Discount rates are determined using a peer-based, risk-adjusted weighted average cost of capital. Our approach also includes reviewing for reasonableness the total market capitalization of the Company as of December 31 to the sum of the discounted cash flows for the combined reporting units. No impairment of goodwill was identified in connection with our 2014 annual goodwill impairment tests as our estimated fair values substantially exceeded the carrying values for both reporting units. In 2013, we performed our goodwill impairment testing using a qualitative assessment for NobelClad and a quantitative assessment for DynaEnergetics. There was no impairment identified as part of our 2013 annual goodwill impairment tests. A future impairment is possible and could occur if (i) operating results underperform what we have estimated or (ii) additional volatility of the capital markets or other factors negatively impact our expectations of future results and or cause us to raise the discount rate percentage utilized in our discounted cash flow analysis. While we believe our most recent estimates were appropriate based on our view of then current business trends, no assurance can be provided that impairment charges will not be required in the future.
Purchased Intangible Assets	Purchased Intangible Assets
	Our purchased intangible assets include core technology, customer relationships and trademarks/trade names.  Impairment, if any, is calculated based upon our evaluation whereby, estimated undiscounted future cash flows associated with these assets or operations are compared with their carrying value to determine if a write-down to fair value is required if impairment indicators are present.  Finite lived intangible assets are amortized over the estimated useful life of the related assets which have a weighted average amortization period of 12 years in total.
	The weighted average amortization periods of the intangible assets by asset category are as follows:
	Core technology	20 years
	Customer relationships	9 years
	Trademarks / Trade names	9 years
Other Assets	Other Assets
	Included in other assets are net deferred debt issuance costs of $203 and $305 as of December 31, 2014 and 2013, respectively.  On December 21, 2011, we entered into a five-year syndicated credit agreement, which amended and restated in its entirety the prior syndicated agreement entered into on November 16, 2007.  The outstanding balance of deferred debt issuance as of December 31, 2011 included additional costs of $435 that were incurred in connection with our amended and restated credit agreement and $95 of deferred debt issuance costs that were carried over from the prior agreement.  These deferred debt issuance are being amortized over the five-year term of the amended and restated credit agreement which expires on December 21, 2016.
Customer Advances	Customer Advances
	On occasion, we require customers to make advance payments prior to the shipment of their orders in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.
Revenue Recognition	Revenue Recognition
	Sales of clad metal products are generally based upon customer specifications set forth in customer purchase orders and require us to provide certifications relative to metals used, services performed, and the results of any non-destructive testing that the customer has requested be performed.  All issues of conformity of the product to specifications are resolved before the product is shipped and billed.  Products related to the DynaEnergetics segment, which include detonating cords, detonators, bi-directional boosters, and shaped charges, as well as, seismic related explosives and accessories, are standard in nature.  In all cases, revenue is recognized only when all four of the following criteria have been satisfied: persuasive evidence of an arrangement exists; the price is fixed or determinable; delivery has occurred; and collection is reasonably assured.  Revenue from sales of consigned inventory is recognized upon the use of the product by the consignee or according to the terms of the contract.
Research and Development	Research and Development
	Research and development costs, which are expensed as incurred, were $3,099, $2,199 and $2,075, for the years ended December 31, 2014, 2013 and 2012, respectively, and are included in our cost of products sold. Research and development costs include expenses associated with developing new products and processes, as well as, improvements to current manufacturing processes.
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, as shown in the table below.
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The carrying values of cash and cash equivalents, trade accounts receivable and payable, accrued expenses and lines of credit approximate their fair value and are included in Level 1.
	Fair value is defined 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. We are required to use an established hierarchy for fair value measurements based upon the inputs to the valuation and the degree to which they are observable or not observable in the market. The three levels in the hierarchy are as follows:
	·                  Level 1 — Inputs to the valuation based upon quoted prices (unadjusted) for identical assets or liabilities in active markets that are accessible as of the measurement date.
	·                  Level 2 — Inputs to the valuation include quoted prices in either markets that are not active, or in active markets for similar assets or liabilities, inputs other than quoted prices that are observable, and inputs that are derived principally from or corroborated by observable market data.
	·                  Level 3 — Inputs to the valuation that are unobservable inputs for the asset or liability.
	The highest priority is assigned to Level 1 inputs and the lowest priority to Level 3 inputs.
Income Taxes	Income Taxes
	See Note 3 “Restatement of Previously-Issued Financial Statements” to the Consolidated Financial Statements for information on the adjustments made related to the restatement of previously-issued financial statements.
	We recognize deferred tax assets and liabilities for the expected future income tax consequences of temporary differences between the financial reporting and tax bases of assets and liabilities. Any effects of changes in income tax rates or tax laws are included in the provision for income taxes in the period of enactment. The deferred income tax impact of tax credits are recognized as an immediate adjustment to income tax expense. We recognize deferred tax assets for the expected future effects of all deductible temporary differences to the extent we believe these assets will more likely than not be realized.  We record a valuation allowance when, based on current circumstances, it is more likely than not that all or a portion of the deferred tax assets will not be realized. In making such determination, we consider all available positive and negative evidence, including future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies, recent financial operations and their associated valuation allowances, if any.
	We recognize the tax benefits from uncertain tax positions only when it is more likely than not, based on the technical merits of the position; the tax position will be sustained upon examination, including the resolution of any related appeals or litigation. The tax benefits recognized in the consolidated financial statements from such a position are measured as the largest benefit that is more likely than not of being realized upon ultimate resolution. We recognize interest and penalties related to uncertain tax positions in operating expense.
Concentration of Credit Risk and Off Balance Sheet Arrangements	Concentration of Credit Risk and Off Balance Sheet Arrangements
	Financial instruments, which potentially subject us to a concentration of credit risk, consist primarily of cash, cash equivalents, and accounts receivable. Generally, we do not require collateral to secure receivables.
Other Cumulative Comprehensive Loss	Other Cumulative Comprehensive Loss
	Other cumulative comprehensive loss as of December 31, 2014, 2013, and 2012 consisted entirely of currency translation adjustments including those in intra-entity foreign currency transactions that are long-term investments.
Recent Accounting Pronouncements	Recent Accounting Pronouncements
	In June 2014, the FASB issued an accounting standards update to clarify the accounting for share-based payments when the terms of an award provide that a performance target could be achieved after the requisite service period. The pronouncement is effect for reporting periods beginning after December 15, 2015. The adoption of this update is not expected to have a significant impact on our financial statements.
	In May 2014, the 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. We are still evaluating the impact on our financial statements for the expected adoption of this pronouncement.
	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.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2014
Accounting Policies [Abstract]
Schedule of inventories, net of reserves	Inventories, net of reserves of $3,117 and $1,729 and most of which related to finished goods, consist of the following at December 31, 2014 and 2013 respectively:
		2014			2013
	Raw materials	$	15,208		$	13,119
	Work-in-process	11,528			9,985
	Finished goods	12,782			17,273
	Supplies	583			814
		$	40,101		$	41,191
Schedule of property, plant and equipment	Depreciation is computed using the straight-line method over the estimated useful life of the related asset (except leasehold improvements which are depreciated over the shorter of their estimated useful life or the lease term) as follows:
	Buildings and improvements	15-30 years
	Manufacturing equipment and tooling	3-15 years
	Furniture, fixtures, and computer equipment	3-10 years
	Other	3-10 years
	Gross property, plant and equipment consist of the following at December 31, 2014 and 2013:
			2014			2013
	Land		$	3,344		$	2,693
	Buildings and improvements		39,489			31,774
	Manufacturing equipment and tooling		40,433			37,844
	Furniture, fixtures and computer equipment		14,813			14,079
	Other		3,425			4,909
	Construction in process		$	8,229		$	7,274
			$	109,733		$	98,573
Schedule of goodwill	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			DynaEnergetics			Total
	Goodwill balance at December 31, 2012	$	21,734		$	15,697		$	37,431
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	$	(353	)	$	(598	)	$	(951	)
	Adjustment due to exchange rate differences	$	857		$	633		$	1,490
	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	(318		)	(547		)	(865		)
	Adjustment due to exchange rate differences	(2,502		)	(1,841		)	(4,343		)
	Goodwill balance at December 31, 2014	$	19,418		$	13,344		$	32,762
Schedule of purchased intangible assets, other than goodwill	The weighted average amortization periods of the intangible assets by asset category are as follows:
	Core technology	20 years
	Customer relationships	9 years
	Trademarks / Trade names	9 years
	The following table presents details of our purchased intangible assets, other than goodwill, as of December 31, 2014:
		Gross			Accumulated			Net
					Amortization
	Core technology	$	20,667		$	(7,360	)	$	13,307
	Customer relationships	40,195			(27,270		)	12,925
	Trademarks / Trade names	2,216			(1,714		)	502
	Total intangible assets	$	63,078		$	(36,344	)	$	26,734
	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
Schedule of expected future amortization of intangible assets	Expected future amortization of intangible assets is as follows:
	For the years ended December 31 -
	2015	$	4,285
	2016	4,285
	2017	4,263
	2018	3,026
	2019	1,692
	Thereafter	9,183
		$	26,734
Schedule of computation and reconciliation of earnings per common share	Computation and reconciliation of earnings per common share for the years ended December 31, 2014, 2013 and 2012 are as follows:
		2014			2013			2012
	Numerator:
	Income from continuing operations, net of non-controlling interest	$	1,926		$	5,981		$	9,834
	Less income allocated to RSAs	(52		)	(102		)	(193		)
	Income from continuing operations allocated to common stock for EPS calculation	1,874			5,879			9,641
	Income from discontinued operations	641			478			943
	Net income allocated to common stock for EPS calculation	$	2,515		$	6,357		$	10,584
	Denominator:
	Weighted average common shares outstanding - basic	13,687,485			13,533,566			13,264,636
	Dilutive stock-based compensation plans	2,222			3,959			4,077
	Weighted average common shares outstanding - diluted	13,689,707			13,537,525			13,268,713
	Income per share - Basic:
	Continuing operations	$	0.13		$	0.44		$	0.73
	Discontinued operations	0.05			0.03			0.07
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.47		$	0.8
	Income per share - Diluted:
	Continuing operations	$	0.13		$	0.44		$	0.73
	Discontinued operations	0.05			0.03			0.07
	Net income allocated to common stock for EPS calculation	$	0.18		$	0.47		$	0.8

RESTATEMENT_OF_PREVIOUSLYISSUE1

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impact of the restatement on previously reported consolidated balance sheet, statements of operations, statements of comprehensive income (loss) and statements of cash flows	The following table summarizes the impact of the restatement on our previously reported consolidated balance sheet for the year ending December 31, 2013 (in thousands, except share and per share data):
		31-Dec-13
		As Reported			Adjustments			Restated
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	10,598		$	—		$	10,598
	Accounts receivable, net of allowance for doubtful accounts of $419	37,785			—			37,785
	Inventory, net	41,191			—			41,191
	Prepaid expenses and other	4,375			(98		)	4,277
	Current deferred tax assets	3,440			16			3,456
	Assets held for sale	6,299			—			6,299
	Total current assets	103,688			(82		)	103,606
	PROPERTY, PLANT AND EQUIPMENT	98,573			—			98,573
	Less - accumulated depreciation	(38,358		)	—			(38,358		)
	Property, plant and equipment, net	60,215			—			60,215
	GOODWILL, net	37,970			—			37,970
	PURCHASED INTANGIBLE ASSETS, net	36,458			—			36,458
	DEFERRED TAX ASSETS	388			15			403
	OTHER ASSETS, net	1,893			—			1,893
	TOTAL ASSETS	$	240,612		$	(67	)	$	240,545
		31-Dec-13
		As Reported			Adjustments			Restated
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	CURRENT LIABILITIES:
	Accounts payable	$	14,567		$	—		$	14,567
	Accrued expenses	3,927			—			3,927
	Dividend payable	550			—			550
	Accrued income taxes	2,811			(154		)	2,657
	Accrued employee compensation and benefits	4,552			—			4,552
	Customer advances	1,019			—			1,019
	Current debt obligations	2,907			—			2,907
	Current deferred tax liabilities	435			—			435
	Liabilities related to assets held for sale	826			—			826
	Total current liabilities	31,594			(154		)	31,440
	LINES OF CREDIT	26,400			—			26,400
	DEFERRED TAX LIABILITIES	7,945			(150		)	7,795
	OTHER LONG-TERM LIABILITIES	1,881			—			1,881
	Total liabilities	67,820			(304		)	67,516
	COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
	STOCKHOLDERS’ EQUITY:
	Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—
	Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding	689			—			689
	Additional paid-in capital	62,934			—			62,934
	Retained earnings	113,399			(9		)	113,390
	Other cumulative comprehensive loss	(4,230		)	246			(3,984		)
	Total stockholders’ equity	172,792			237			173,029
	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	240,612		$	(67	)	$	240,545
	The following tables summarize the impact of the restatement on our previously reported statements of consolidated operations for fiscal years 2013 and 2012 (in thousands, except per share data):
		Year Ended December 31, 2013									Year Ended December 31, 2012
		As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
	NET SALES	$	202,060		$	—		$	202,060		$	192,737		$	—		$	192,737
	COST OF PRODUCTS SOLD	143,926			—			143,926			135,085			—			135,085
	Gross profit	58,134			—			58,134			57,652			—			57,652
	COSTS AND EXPENSES:
	General and administrative expenses	24,672			—			24,672			18,489			—			18,489
	Selling and distribution expenses	16,136			—			16,136			16,954			—			16,954
	Amortization of purchased intangible assets	6,348			—			6,348			6,210			—			6,210
	Total costs and expenses	47,156			—			47,156			41,653			—			41,653
	INCOME FROM OPERATIONS	10,978			—			10,978			15,999			—			15,999
	OTHER INCOME (EXPENSE):
	Other income (expense), net	(528		)	—			(528		)	(32		)	—			(32		)
	Interest expense	(648		)	—			(648		)	(832		)	—			(832		)
	Interest income	7			—			7			13			—			13
	INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	9,809			—			9,809			15,148			—			15,148
INCOME TAX PROVISION	2,700			1,036			3,736			4,397			919			5,316
INCOME FROM CONTINUING OPERATIONS	7,109			(1,036		)	6,073			10,751			(919		)	9,832
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	478			—			478			943			—			943
NET INCOME	7,587			(1,036		)	6,551			11,694			(919		)	10,775
Less: Net income (loss) attributable to non-controlling interest	92			—			92			(2		)	—			(2		)
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,495		$	(1,036	)	$	6,459		$	11,696		$	(919	)	$	10,777
INCOME PER SHARE - BASIC:
Continuing operations	$	0.52		$	(0.08	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.55		$	(0.08	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.07	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.54		$	(0.07	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,533,566			—			13,533,566			13,264,636			—			13,264,636
Diluted	13,537,525			—			13,537,525			13,268,713			—			13,268,713
DIVIDENDS DECLARED PER COMMON SHARE	$	0.16		$	—		$	0.16		$	0.16		$	—		$	0.16
The following tables summarize the impact of the restatement on our previously reported consolidated statements of comprehensive income for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013									Year Ended December 31, 2012
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,587		$	(1,036	)	$	6,551		$	11,694		$	(919	)	$	10,775
Change in cumulative foreign currency translation adjustment	2,237			382			2,619			2,796			(190		)	2,606
Total comprehensive income	9,824			(654		)	9,170			14,490			(1,109		)	13,381
Comprehensive income attributable to non-controlling interest	96			—			96			1			—			1
Comprehensive income attributable to Dynamic Materials Corporation	$	9,728		$	(654	)	$	9,074		$	14,489		$	(1,109	)	$	13,380
The following tables summarize the impact of the restatement on our previously reported consolidated statements of cash flows for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,587		$	(1,036	)	$	6,551
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(478		)	—			(478		)
Depreciation (including capital lease amortization)	5,920			—			5,920
Amortization of purchased intangible assets	6,348			—			6,348
Amortization of deferred debt issuance costs	102			—			102
Stock-based compensation	3,401			—			3,401
Deferred income tax benefit	(1,666		)	1,145			(521		)
Loss on disposal of property, plant and equipment	50			—			50
Restructuring and impairment charges	756			—			756
Change in:
Accounts receivable, net	(2,185		)	—			(2,185		)
Inventory, net	6,750			—			6,750
Prepaid expenses and other	79			10			89
Accounts payable	2,228			—			2,228
Customer advances	(360		)	—			(360		)
Accrued expenses and other liabilities	1,707			(119		)	1,588
Net cash flows provided by continuing operations	30,239			—			30,239
Net cash flows provided by discontinued operations	1,777			—			1,777
Net cash provided by operating activities	32,016			—			32,016
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(16,223		)	—			(16,223		)
Acquisition of minority interest	(180		)	—			(180		)
Change in other non-current assets	(489		)	—			(489		)
Net cash flows used in continuing operations	(16,892		)	—			(16,892		)
Net cash flows used in discontinued operations	(1,348		)	—			(1,348		)
Net cash used in investing activities	(18,240		)	—			(18,240		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,592		)	—			(9,592		)
Payment on loans with former owners of LRI	(63		)	—			(63		)
Payment on capital lease obligations	(40		)	—			(40		)
Payment of dividends	(2,187		)	—			(2,187		)
Other	295			—			295
Net cash used in financing activities	(11,587		)	—			(11,587		)
EFFECTS OF EXCHANGE RATES ON CASH	191			—			191
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,380			—			2,380
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	10,598		$	—		$	10,598
	Year Ended December 31, 2012
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	11,694		$	(919	)	$	10,775
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(943		)	—			(943		)
Depreciation (including capital lease amortization)	5,018			—			5,018
Amortization of purchased intangible assets	6,210			—			6,210
Amortization of deferred debt issuance costs	124			—			124
Stock-based compensation	4,443			—			4,443
Deferred income tax benefit	(1,159		)	689			(470		)
Change in:
Accounts receivable, net	717			—			717
Inventory, net	(2,380		)	—			(2,380		)
Prepaid expenses and other	463			88			551
Accounts payable	(3,616		)	—			(3,616		)
Customer advances	(556		)	—			(556		)
Accrued expenses and other liabilities	(551		)	142			(409		)
Net cash flows provided by continuing operations	19,464			—			19,464
Net cash flows provided by discontinued operations	1,092			—			1,092
Net cash provided by operating activities	20,556			—			20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(15,133		)	—			(15,133		)
Acquisition of TRX Industries	(10,294		)	—			(10,294		)
Change in other non-current assets	(224		)	—			(224		)
Net cash flows used in continuing operations	(25,651		)	—			(25,651		)
Net cash flows used in discontinued operations	(514		)	—			(514		)
Net cash used in investing activities	(26,165		)	—			(26,165		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	12,174			—			12,174
Payment on loans with former owners of LRI	(1,176		)	—			(1,176		)
Payment on capital lease obligations	(66		)	—			(66		)
Payment of dividends	(2,155		)	—			(2,155		)
Other	(260		)	—			(260		)
Net cash provided by financing activities	8,517			—			8,517
EFFECTS OF EXCHANGE RATES ON CASH	(8		)	—			(8		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,900			—			2,900
CASH AND CASH EQUIVALENTS, beginning of the period	5,318			—			5,318
CASH AND CASH EQUIVALENTS, end of the period	$	8,218		$	—		$	8,218
The following tables summarize the impact of the restatement on our previously reported interim consolidated balance sheet for fiscal years 2014 and 2013 (in thousands, except share and per share data):
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	9,131		$	—		$	9,131		$	8,246		$	—		$	8,246
Accounts receivable, net of allowance for doubtful accounts of $459 and $440, respectively	35,973			—			35,973			31,948			—			31,948
Inventory, net	43,106			(54		)	43,052			46,491			—			46,491
Prepaid expenses and other	6,142			(98		)	6,044			5,956			(89		)	5,867
Current deferred tax assets	2,424			16			2,440			1,587			2			1,589
Assets held for sale	6,276			—			6,276			5,402			—			5,402
Total current assets	103,052			(136		)	102,916			99,630			(87		)	99,543
PROPERTY, PLANT AND EQUIPMENT	100,208			—			100,208			85,896			—			85,896
Less - accumulated depreciation	(40,934		)	202			(40,732		)	(33,661		)	—			(33,661		)
Property, plant and equipment, net	59,274			202			59,476			52,235			—			52,235
GOODWILL, net	37,689			—			37,689			36,125			—			36,125
PURCHASED INTANGIBLE ASSETS, net	34,597			—			34,597			39,428			—			39,428
DEFERRED TAX ASSETS	552			44			596			1,060			(138		)	922
OTHER ASSETS, net	1,711			—			1,711			529			—			529
TOTAL ASSETS	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	13,438		$	—		$	13,438		$	10,362		$	—		$	10,362
Accrued expenses	4,315			—			4,315			4,453			—			4,453
Dividend payable	557			—			557			547			—			547
Accrued income taxes	2,034			(102		)	1,932			295			5			300
Accrued employee compensation and benefits	3,140			—			3,140			3,778			—			3,778
Customer advances	2,996			—			2,996			1,378			—			1,378
Current debt obligations	516			—			516			64			—			64
Current portion of capital lease obligations	10			—			10			50			—			50
Current deferred tax liabilities	404			—			404			155			—			155
Liabilities related to assets held for sale	758			—			758			543			—			543
Total current liabilities	28,168			(102		)	28,066			21,625			5			21,630
LINES OF CREDIT	26,900			—			26,900			38,256			—			38,256
LONG-TERM DEBT	—			—			—			37			—			37
CAPITAL LEASE OBLIGATIONS	7			—			7			6			—			6
DEFERRED TAX LIABILITIES	7,566			158			7,724			8,344			(1,021		)	7,323
OTHER LONG-TERM LIABILITIES	1,930			88			2,018			1,582			—			1,582
Total liabilities	64,571			144			64,715			69,850			(1,016		)	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,944,094 and 13,683,307 shares issued and outstanding, respectively	698			—			698			684			—			684
Additional paid-in capital	63,589			101			63,690			60,682			—			60,682
Retained earnings	114,480			(160		)	114,320			107,769			919			108,688
Other cumulative comprehensive loss	(6,463		)	25			(6,438		)	(10,087		)	(128		)	(10,215		)
Total DMC’s stockholders’ equity	172,304			(34		)	172,270			159,048			791			159,839
Non-controlling interest	—			—			—			109			—			109
Total stockholders’ equity	172,304			(34		)	172,270			159,157			791			159,948
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	8,643		$	—		$	8,643		$	2,368		$	—		$	2,368
Accounts receivable, net of allowance for doubtful accounts of $504 and $471, respectively	38,409			—			38,409			39,959			—			39,959
Inventory, net	45,887			—			45,887			45,190			—			45,190
Prepaid expenses and other	7,218			(98		)	7,120			5,504			(89		)	5,415
Current deferred tax assets	2,532			16			2,548			1,944			2			1,946
Assets held for sale	6,155			—			6,155			6,206			—			6,206
Total current assets	108,844			(82		)	108,762			101,171			(87		)	101,084
PROPERTY, PLANT AND EQUIPMENT	102,564			—			102,564			90,651			—			90,651
Less - accumulated depreciation	(42,220		)	202			(42,018		)	(35,010		)	—			(35,010		)
Property, plant and equipment, net	60,344			202			60,546			55,641			—			55,641
GOODWILL, net	37,161			—			37,161			36,447			—			36,447
PURCHASED INTANGIBLE ASSETS, net	32,939			—			32,939			38,121			—			38,121
DEFERRED TAX ASSETS	792			(276		)	516			458			(139		)	319
OTHER ASSETS, net	1,868			—			1,868			505			—			505
TOTAL ASSETS	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,689		$	—		$	9,689		$	14,111		$	—		$	14,111
Accrued expenses	3,671			—			3,671			4,657			—			4,657
Dividend payable	559			—			559			549			—			549
Accrued income taxes	2,471			(154		)	2,317			906			5			911
Accrued employee compensation and benefits	4,119			—			4,119			4,338			—			4,338
Customer advances	2,617			—			2,617			4,758			—			4,758
Current debt obligations	20			—			20			63			—			63
Current portion of capital lease obligations	5			—			5			45			—			45
Current deferred tax liabilities	417			—			417			155			—			155
Liabilities related to assets held for sale	742			—			742			820			—			820
Total current liabilities	24,310			(154		)	24,156			30,402			5			30,407
LINES OF CREDIT	31,800			—			31,800			28,843			—			28,843
LONG-TERM DEBT	—			—			—			20			—			20
CAPITAL LEASE OBLIGATIONS	6			—			6			—			—			—
DEFERRED TAX LIABILITIES	7,186			554			7,740			8,050			(646		)	7,404
OTHER LONG-TERM LIABILITIES	2,000			58			2,058			1,668			—			1,668
Total liabilities	65,302			458			65,760			68,983			(641		)	68,342
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,750,163 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	64,861			89			64,950			61,530			—			61,530
Retained earnings	116,808			(731		)	116,077			110,659			545			111,204
Other cumulative comprehensive loss	(5,722		)	28			(5,694		)	(9,642		)	(130		)	(9,772		)
Total DMC’s stockholders’ equity	176,646			(614		)	176,032			163,235			415			163,650
Non-controlling interest	—			—			—			125			—			125
Total stockholders’ equity	176,646			(614		)	176,032			163,360			415			163,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	14,932		$	—		$	14,932		$	9,333		$	—		$	9,333
Accounts receivable, net of allowance for doubtful accounts of $599 and $340, respectively	30,923			—			30,923			30,394			—			30,394
Inventory, net	41,846			280			42,126			41,384			—			41,384
Prepaid expenses and other	7,161			(378		)	6,783			3,977			(89		)	3,888
Current deferred tax assets	5,583			16			5,599			2,513			2			2,515
Assets held for sale	6,011			—			6,011			6,610			—			6,610
Total current assets	106,456			(82		)	106,374			94,211			(87		)	94,124
PROPERTY, PLANT AND EQUIPMENT	100,305			—			100,305			95,717			—			95,717
Less - accumulated depreciation	(42,625		)	202			(42,423		)	(36,469		)	—			(36,469		)
Property, plant and equipment, net	57,680			202			57,882			59,248			—			59,248
GOODWILL, net	34,382			—			34,382			37,553			—			37,553
PURCHASED INTANGIBLE ASSETS, net	29,403			—			29,403			37,646			—			37,646
DEFERRED TAX ASSETS	439			(9		)	430			397			(239		)	158
OTHER ASSETS, net	1,236			—			1,236			499			—			499
TOTAL ASSETS	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,104		$	—		$	9,104		$	9,020		$	—		$	9,020
Accrued expenses	3,245			—			3,245			4,222			—			4,222
Dividend payable	559			—			559			550			—			550
Accrued income taxes	3,030			(58		)	2,972			1,325			(88		)	1,237
Accrued employee compensation and benefits	4,667			—			4,667			5,346			—			5,346
Customer advances	2,364			—			2,364			1,387			—			1,387
Current debt obligations	4			—			4			65			—			65
Current portion of capital lease obligations	5			—			5			33			—			33
Current deferred tax liabilities	435			—			435			274			—			274
Liabilities related to assets held for sale	721			—			721			765			—			765
Total current liabilities	24,134			(58		)	24,076			22,987			(88		)	22,899
LINES OF CREDIT	26,000			—			26,000			25,550			—			25,550
LONG-TERM DEBT	—			—			—			5			—			5
CAPITAL LEASE OBLIGATIONS	4			—			4			—			—			—
DEFERRED TAX LIABILITIES	8,641			866			9,507			8,084			(242		)	7,842
OTHER LONG-TERM LIABILITIES	1,958			30			1,988			1,755			—			1,755
Total liabilities	60,737			838			61,575			58,381			(330		)	58,051
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,759,007 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	65,836			78			65,914			62,099			—			62,099
Retained earnings	118,745			(888		)	117,857			113,670			167			113,837
Other cumulative comprehensive loss	(16,421		)	83			(16,338		)	(5,464		)	(163		)	(5,627		)
Total DMC’s stockholders’ equity	168,859			(727		)	168,132			170,993			4			170,997
Non-controlling interest	—			—			—			180			—			180
Total stockholders’ equity	168,859			(727		)	168,132			171,173			4			171,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of operations (in thousands, except per share data):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	46,769		$	—		$	46,769		$	44,836		$	—		$	44,836
COST OF PRODUCTS SOLD	32,203			(148		)	32,055			32,047			—			32,047
Gross profit	14,566			148			14,714			12,789			—			12,789
COSTS AND EXPENSES:
General and administrative expenses	5,542			250			5,792			8,014			—			8,014
Selling and distribution expenses	4,223			—			4,223			4,030			—			4,030
Amortization of purchased intangible assets	1,616			—			1,616			1,585			—			1,585
Total costs and expenses	11,381			250			11,631			13,629			—			13,629
INCOME (LOSS) FROM OPERATIONS	3,185			(102		)	3,083			(840		)	—			(840		)
OTHER INCOME (EXPENSE):
Other income (expense), net	(435		)	—			(435		)	296			—			296
Interest expense	(109		)	—			(109		)	(172		)	—			(172		)
Interest income	5			—			5			3			—			3
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	2,646			(102		)	2,544			(713		)	—			(713		)
INCOME TAX PROVISION (BENEFIT)	692			49			741			(1,049		)	108			(941		)
INCOME FROM CONTINUING OPERATIONS	1,954			(151		)	1,803			336			(108		)	228
DISCONTINUED OPERATIONS:
Loss from operations of discontinued operations, net of tax	(316		)	—			(316		)	(93		)	—			(93		)
NET INCOME	1,638			(151		)	1,487			243			(108		)	135
Less: Net income attributable to non-controlling interest	—			—			—			28			—			28
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	1,638		$	(151	)	$	1,487		$	215		$	(108	)	$	107
INCOME PER SHARE - BASIC:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,644,239			—			13,644,239			13,509,792			—			13,509,792
Diluted	13,649,953			—			13,649,953			13,513,797			—			13,513,797
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,911		$	—		$	51,911		$	55,554		$	—		$	55,554
COST OF PRODUCTS SOLD	36,067			(54		)	36,013			39,155			—			39,155
Gross profit	15,844			54			15,898			16,399			—			16,399
COSTS AND EXPENSES:
General and administrative expenses	5,813			(42		)	5,771			5,006			—			5,006
Selling and distribution expenses	4,733			—			4,733			4,310			—			4,310
Amortization of purchased intangible assets	1,617			—			1,617			1,568			—			1,568
Total costs and expenses	12,163			(42		)	12,121			10,884			—			10,884
INCOME FROM OPERATIONS	3,681			96			3,777			5,515			—			5,515
OTHER INCOME (EXPENSE):
Other income (expense), net	332			—			332			(420		)	—			(420		)
Interest expense	(174		)	—			(174		)	(183		)	—			(183		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,840			96			3,936			4,913			—			4,913
INCOME TAX PROVISION	1,172			667			1,839			1,768			373			2,141
INCOME FROM CONTINUING OPERATIONS	2,668			(571		)	2,097			3,145			(373		)	2,772
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	219			—			219			310			—			310
NET INCOME	2,887			(571		)	2,316			3,455			(373		)	3,082
Less: Net income attributable to non-controlling interest	—			—			—			15			—			15
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,887		$	(571	)	$	2,316		$	3,440		$	(373	)	$	3,067
INCOME PER SHARE - BASIC:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,672,457			—			13,672,457			13,526,623			—			13,526,623
Diluted	13,677,911			—			13,677,911			13,530,588			—			13,530,588
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	98,680		$	—		$	98,680		$	100,390		$	—		$	100,390
COST OF PRODUCTS SOLD	68,269			(202		)	68,067			71,203			—			71,203
Gross profit	30,411			202			30,613			29,187			—			29,187
COSTS AND EXPENSES:
General and administrative expenses	11,356			208			11,564			13,019			—			13,019
Selling and distribution expenses	8,956			—			8,956			8,340			—			8,340
Amortization of purchased intangible assets	3,232			—			3,232			3,153			—			3,153
Total costs and expenses	23,544			208			23,752			24,512			—			24,512
INCOME FROM OPERATIONS	6,867			(6		)	6,861			4,675			—			4,675
OTHER INCOME (EXPENSE):
Other income (expense), net	(103		)	—			(103		)	(124		)	—			(124		)
Interest expense	(283		)	—			(283		)	(355		)	—			(355		)
Interest income	5			—			5			4			—			4
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	6,486			(6		)	6,480			4,200			—			4,200
INCOME TAX PROVISION	1,864			716			2,580			719			482			1,201
INCOME FROM CONTINUING OPERATIONS	4,622			(722		)	3,900			3,481			(482		)	2,999
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(97		)	—			(97		)	217			—			217
NET INCOME	4,525			(722		)	3,803			3,698			(482		)	3,216
Less: Net income attributable to non-controlling interest	—			—			—			43			—			43
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	4,525		$	(722	)	$	3,803		$	3,655		$	(482	)	$	3,173
INCOME PER SHARE - BASIC:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,668,223			—			13,668,223			13,523,028			—			13,523,028
Diluted	13,673,807			—			13,673,807			13,527,011			—			13,527,011
DIVIDENDS DECLARED PER COMMON SHARE	$	0.08		$	—		$	0.08		$	0.08		$	—		$	0.08
	Three months ended September 30, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,886		$	—		$	51,886		$	52,331		$	—		$	52,331
COST OF PRODUCTS SOLD	36,803			—			36,803			36,229			—			36,229
Gross profit	15,083			—			15,083			16,102			—			16,102
COSTS AND EXPENSES:
General and administrative expenses	5,503			(40		)	5,463			5,672			—			5,672
Selling and distribution expenses	4,639			—			4,639			3,658			—			3,658
Amortization of purchased intangible assets	1,575			—			1,575			1,581			—			1,581
Total costs and expenses	11,717			(40		)	11,677			10,911			—			10,911
INCOME FROM OPERATIONS	3,366			40			3,406			5,191			—			5,191
OTHER INCOME (EXPENSE):
Other income (expense), net	472			—			472			(247		)	—			(247		)
Interest expense	(137		)	—			(137		)	(129		)	—			(129		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702			40			3,742			4,816			—			4,816
INCOME TAX PROVISION	1,224			196			1,420			1,460			378			1,838
INCOME FROM CONTINUING OPERATIONS	2,478			(156		)	2,322			3,356			(378		)	2,978
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	20			—			20			255			—			255
NET INCOME	2,498			(156		)	2,342			3,611			(378		)	3,233
Less: Net income attributable to non-controlling interest	—			—			—			49			—			49
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,498		$	(156	)	$	2,342		$	3,562		$	(378	)	$	3,184
INCOME PER SHARE - BASIC:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,688,649			—			13,688,649			13,540,394			—			13,540,394
Diluted	13,690,174			—			13,690,174			13,544,665			—			13,544,665
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	150,566		$	—		$	150,566		$	152,720		$	—		$	152,720
COST OF PRODUCTS SOLD	105,073			(202		)	104,871			107,431			—			107,431
Gross profit	45,493			202			45,695			45,289			—			45,289
COSTS AND EXPENSES:
General and administrative expenses	16,858			169			17,027			18,694			—			18,694
Selling and distribution expenses	13,596			—			13,596			11,997			—			11,997
Amortization of purchased intangible assets	4,808			—			4,808			4,734			—			4,734
Total costs and expenses	35,262			169			35,431			35,425			—			35,425
INCOME FROM OPERATIONS	10,231			33			10,264			9,864			—			9,864
OTHER INCOME (EXPENSE):
Other income (expense), net	369			—			369			(371		)	—			(371		)
Interest expense	(420		)	—			(420		)	(484		)	—			(484		)
Interest income	6			—			6			5			—			5
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	10,186			33			10,219			9,014			—			9,014
INCOME TAX PROVISION	3,088			912			4,000			2,179			860			3,039
INCOME FROM CONTINUING OPERATIONS	7,098			(879		)	6,219			6,835			(860		)	5,975
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(77		)	—			(77		)	473			—			473
NET INCOME	7,021			(879		)	6,142			7,308			(860		)	6,448
Less: Net income attributable to non-controlling interest	—			—			—			92			—			92
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,021		$	(879	)	$	6,142		$	7,216		$	(860	)	$	6,356
INCOME PER SHARE - BASIC:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,676,730			—			13,676,730			13,528,880			—			13,528,880
Diluted	13,681,790			—			13,681,790			13,532,973			—			13,532,973
DIVIDENDS DECLARED PER COMMON SHARE	$	0.12		$	—		$	0.12		$	0.12		$	—		$	0.12
	Three months ended December 31, 2014			Three months ended December, 2013
	As Reported			As Reported			Adjustments			Restated
NET SALES	$	51,995		$	49,339		$	—		$	49,339
COST OF PRODUCTS SOLD	36,271			36,495			—			36,495
Gross profit	15,724			12,844			—			12,844
COSTS AND EXPENSES:
General and administrative expenses	6,740			5,980			—			5,980
Selling and distribution expenses	4,509			4,138			—			4,138
Amortization of purchased intangible assets	1,295			1,614			—			1,614
Restructuring expenses	6,781			—			—			—
Total costs and expenses	19,325			11,732			—			11,732
INCOME (LOSS) FROM OPERATIONS	(3,601		)	1,112			—			1,112
OTHER INCOME (EXPENSE):
Other income (expense), net	(682		)	(157		)	—			(157		)
Interest expense	(132		)	(164		)	—			(164		)
Interest income	32			2			—			2
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	(4,383		)	793			—			793
INCOME TAX PROVISION (BENEFIT)	(87		)	522			176			698
INCOME (LOSS) FROM CONTINUING OPERATIONS	(4,296		)	271			(176		)	95
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	—			6			—			6
Gain on sale of discontinued operations, net of tax	718			—			—			—
Income from discontinued operations	718			6			—			6
NET INCOME (LOSS)	(3,578		)	277			(176		)	101
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,696,399			13,543,007			—			13,543,007
Diluted	13,697,821			13,549,288			—			13,549,288
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	0.04		$	—		$	0.04
The following tables summarize the impact of the restatement on our previously reported interim consolidated statements of comprehensive income (loss) for the fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	1,638		$	(151	)	$	1,487		$	243		$	(108	)	$	135
Change in cumulative foreign currency translation adjustment	(2,233		)	(221		)	(2,454		)	(3,627		)	8			(3,619		)
Total comprehensive loss	(595		)	(372		)	(967		)	(3,384		)	(100		)	(3,484		)
Comprehensive income attributable to non-controlling interest	—			—			—			25			—			25
Comprehensive loss attributable to Dynamic Materials Corporation	$	(595	)	$	(372	)	$	(967	)	$	(3,409	)	$	(100	)	$	(3,509	)
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,887		$	(571	)	$	2,316		$	3,455		$	(373	)	$	3,082
Change in cumulative foreign currency translation adjustment	741			3			744			446			(3		)	443
Total comprehensive income	3,628			(568		)	3,060			3,901			(376		)	3,525
Comprehensive income attributable to non-controlling interest	—			—			—			16			—			16
Comprehensive income attributable to Dynamic Materials Corporation	$	3,628		$	(568	)	$	3,060		$	3,885		$	(376	)	$	3,509
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	4,525		$	(722	)	$	3,803		$	3,698		$	(482	)	$	3,216
Change in cumulative foreign currency translation adjustment	(1,492		)	(218		)	(1,710		)	(3,181		)	6			(3,175		)
Total comprehensive income	3,033			(940		)	2,093			517			(476		)	41
Comprehensive income attributable to non-controlling interest	—			—			—			41			—			41
Comprehensive income attributable to Dynamic Materials Corporation	$	3,033		$	(940	)	$	2,093		$	476		$	(476	)	$	—
	Three months ended September, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,498		$	(156	)	$	2,342		$	3,611		$	(378	)	$	3,233
Change in cumulative foreign currency translation adjustment	(10,701		)	54			(10,647		)	4,183			(33		)	4,150
Total comprehensive income (loss)	(8,203		)	(102		)	(8,305		)	7,794			(411		)	7,383
Comprehensive income attributable to non-controlling interest	—			—			—			55			—			55
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(8,203	)	$	(102	)	$	(8,305	)	$	7,739		$	(411	)	$	7,328
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,021		$	(879	)	$	6,142		$	7,308		$	(860	)	$	6,448
Change in cumulative foreign currency translation adjustment	(12,191		)	(163		)	(12,354		)	1,003			(27		)	976
Total comprehensive income (loss)	(5,170		)	(1,042		)	(6,212		)	8,311			(887		)	7,424
Comprehensive income attributable to non-controlling interest	—			—			—			96			—			96
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(5,170	)	$	(1,042	)	$	(6,212	)	$	8,215		$	(887	)	$	7,328
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of cash flows for fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,638		$	(151	)	$	1,487
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	316			—			316
Depreciation (including capital lease amortization)	1,826			(202		)	1,624
Amortization of purchased intangible assets	1,616			—			1,616
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	555			162			717
Deferred income tax benefit	612			58			670
Change in:
Accounts receivable, net	1,570			—			1,570
Inventory, net	(2,513		)	54			(2,459		)
Prepaid expenses and other	(1,867		)	—			(1,867		)
Accounts payable	(1,051		)	—			(1,051		)
Customer advances	1,980			—			1,980
Accrued expenses and other liabilities	(1,291		)	140			(1,151		)
Net cash flows provided by continuing operations	3,416			61			3,477
Net cash flows used in discontinued operations	(298		)	—			(298		)
Net cash provided by operating activities	3,118			61			3,179
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(1,994		)	—			(1,994		)
Change in other non-current assets	32			—			32
Net cash flows used in continuing operations	(1,962		)	—			(1,962		)
Net cash flows used in discontinued operations	(63		)	—			(63		)
Net cash used in investing activities	(2,025		)	—			(2,025		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(1,863		)	—			(1,863		)
Payment on loans with former owners of LRI	(15		)	—			(15		)
Payment on capital lease obligations	(15		)	—			(15		)
Payment of dividends	(550		)	—			(550		)
Net proceeds from issuance of common stock to employees and directors	22			—			22
Excess tax benefit from stock-based compensation	87			(61		)	26
Net cash used in financing activities	(2,334		)	(61		)	(2,395		)
EFFECTS OF EXCHANGE RATES ON CASH	(226		)	—			(226		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,467		)	—			(1,467		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	9,131		$	—		$	9,131
	Six months ended June 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	4,525		$	(722	)	$	3,803
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	97			—			97
Depreciation (including capital lease amortization)	3,581			(202		)	3,379
Amortization of purchased intangible assets	3,232			—			3,232
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	1,591			150			1,741
Deferred income tax benefit	72			776			848
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	(858		)	—			(858		)
Inventory, net	(5,000		)	—			(5,000		)
Prepaid expenses and other	(2,873		)	—			(2,873		)
Accounts payable	(4,778		)	—			(4,778		)
Customer advances	1,613			—			1,613
Accrued expenses and other liabilities	(645		)	59			(586		)
Net cash flows provided by continuing operations	613			61			674
Net cash flows provided by discontinued operations	48			—			48
Net cash provided by operating activities	661			61			722
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,123		)	—			(4,123		)
Change in other non-current assets	(59		)	—			(59		)
Net cash flows used in continuing operations	(4,182		)	—			(4,182		)
Net cash flows used in discontinued operations	(85		)	—			(85		)
Net cash used in investing activities	(4,267		)	—			(4,267		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	2,555			—			2,555
Payment on loans with former owners of LRI	(31		)	—			(31		)
Payment on capital lease obligations	(22		)	—			(22		)
Payment of dividends	(1,108		)	—			(1,108		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	112			(61		)	51
Net cash provided by financing activities	1,740			(61		)	1,679
EFFECTS OF EXCHANGE RATES ON CASH	(89		)	—			(89		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,955		)	—			(1,955		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	8,643		$	—		$	8,643
	Nine months ended September 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,021		$	(879	)	$	6,142
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	77			—			77
Depreciation (including capital lease amortization)	5,406			(202		)	5,204
Amortization of purchased intangible assets	4,808			—			4,808
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,565			139			2,704
Deferred income tax benefit	(608		)	863			255
Loss on disposal of property, plant and equipment	6			—			6
Change in:
Accounts receivable, net	5,342			—			5,342
Inventory, net	(3,012		)	280			(2,732		)
Prepaid expenses and other	(3,146		)	(267		)	(3,413		)
Accounts payable	(5,084		)	—			(5,084		)
Customer advances	1,445			—			1,445
Accrued expenses and other liabilities	683			127			810
Net cash flows provided by continuing operations	15,579			61			15,640
Net cash flows provided by discontinued operations	239			—			239
Net cash provided by operating activities	15,818			61			15,879
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(6,472		)	—			(6,472		)
Change in other non-current assets	373			—			373
Net cash flows used in continuing operations	(6,099		)	—			(6,099		)
Net cash flows used in discontinued operations	(120		)	—			(120		)
Net cash used in investing activities	(6,219		)	—			(6,219		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(3,213		)	—			(3,213		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(23		)	—			(23		)
Payment of dividends	(1,667		)	—			(1,667		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	113			(61		)	52
Net cash used in financing activities	(4,603		)	(61		)	(4,664		)
EFFECTS OF EXCHANGE RATES ON CASH	(662		)	—			(662		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,334			—			4,334
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	14,932		$	—		$	14,932
	Three months ended March 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	243		$	(108	)	$	135
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	93			—			93
Depreciation (including capital lease amortization)	1,272			—			1,272
Amortization of purchased intangible assets	1,585			—			1,585
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	1,422			—			1,422
Deferred income tax benefit	130			173			303
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	2,784			—			2,784
Inventory, net	619			—			619
Prepaid expenses and other	(952		)	—			(952		)
Accounts payable	(596		)	—			(596		)
Customer advances	55			—			55
Accrued expenses and other liabilities	(916		)	(65		)	(981		)
Net cash flows provided by continuing operations	5,785			—			5,785
Net cash flows provided by discontinued operations	559			—			559
Net cash provided by operating activities	6,344			—			6,344
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,366		)	—			(4,366		)
Change in other non-current assets	45			—			45
Net cash flows used in continuing operations	(4,321		)	—			(4,321		)
Net cash flows used in discontinued operations	(87		)	—			(87		)
Net cash used in investing activities	(4,408		)	—			(4,408		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(202		)	—			(202		)
Payment on loans with former owners of LRI	(16		)	—			(16		)
Payment on capital lease obligations	(13		)	—			(13		)
Payment of dividends	(540		)	—			(540		)
Excess tax benefit from stock-based compensation	(890		)	—			(890		)
Net cash used in financing activities	(1,661		)	—			(1,661		)
EFFECTS OF EXCHANGE RATES ON CASH	(247		)	—			(247		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	28			—			28
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	8,246		$	—		$	8,246
	Six months ended June 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	3,698		$	(482	)	$	3,216
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(217		)	—			(217		)
Depreciation (including capital lease amortization)	2,583			—			2,583
Amortization of purchased intangible assets	3,153			—			3,153
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	2,057			—			2,057
Deferred income tax benefit	229			547			776
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	(5,193		)	—			(5,193		)
Inventory, net	1,960			—			1,960
Prepaid expenses and other	(545		)	—			(545		)
Accounts payable	3,105			—			3,105
Customer advances	3,434			—			3,434
Accrued expenses and other liabilities	409			(65		)	344
Net cash flows provided by continuing operations	14,745			—			14,745
Net cash flows provided by discontinued operations	680			—			680
Net cash provided by operating activities	15,425			—			15,425
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(9,301		)	—			(9,301		)
Change in other non-current assets	192			—			192
Net cash flows used in continuing operations	(9,109		)	—			(9,109		)
Net cash flows used in discontinued operations	(425		)	—			(425		)
Net cash used in investing activities	(9,534		)	—			(9,534		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,811		)	—			(9,811		)
Payment on loans with former owners of LRI	(32		)	—			(32		)
Payment on capital lease obligations	(25		)	—			(25		)
Payment of dividends	(1,088		)	—			(1,088		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(836		)	—			(836		)
Net cash used in financing activities	(11,629		)	—			(11,629		)
EFFECTS OF EXCHANGE RATES ON CASH	(112		)	—			(112		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,850		)	—			(5,850		)
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	2,368		$	—		$	2,368
	Nine months ended September 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,308		$	(860	)	$	6,448
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	(473		)	—			(473		)
Depreciation (including capital lease amortization)	4,004			—			4,004
Amortization of purchased intangible assets	4,734			—			4,734
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,685			—			2,685
Deferred income tax benefit	(126		)	1,018			892
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	4,868			—			4,868
Inventory, net	6,588			—			6,588
Prepaid expenses and other	1,031			—			1,031
Accounts payable	(2,208		)	—			(2,208		)
Customer advances	21			—			21
Accrued expenses and other liabilities	1,303			(158		)	1,145
Net cash flows provided by continuing operations	29,816			—			29,816
Net cash flows provided by discontinued operations	655			—			655
Net cash provided by operating activities	30,471			—			30,471
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(13,426		)	—			(13,426		)
Change in other non-current assets	209			—			209
Net cash flows used in continuing operations	(13,217		)	—			(13,217		)
Net cash flows used in discontinued operations	(604		)	—			(604		)
Net cash used in investing activities	(13,821		)	—			(13,821		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(13,252		)	—			(13,252		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(39		)	—			(39		)
Payment of dividends	(1,637		)	—			(1,637		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(895		)	—			(895		)
Net cash used in financing activities	(15,707		)	—			(15,707		)
EFFECTS OF EXCHANGE RATES ON CASH	172			—			172
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,115			—			1,115
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	9,333		$	—		$	9,333

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Business Combinations [Abstract]
Schedule of allocation of the purchase price	The allocation of the purchase price to the assets of TRX was as follows:
	Current assets	$	2,702
	Property, plant and equipment	2,227
	Intangible assets	5,365
	Deferred tax assets	40
	Total assets acquired	10,334
	Current liabilities	40
	Total liabilities assumed	40
	Net assets acquired	$	10,294

DEBT_Tables

DEBT (Tables)	12 Months Ended
	Dec. 31, 2014
Debt Disclosure [Abstract]
Schedule of lines of credit	Lines of credit consisted of the following at December 31, 2014 and 2013:
		2014		2013
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	19,500	$	26,400
	Euro revolving loan	3,282		—
	Canadian Dollar revolving loan	—		—
	Commerzbank line of credit	—		2,856
		22,782		29,256
	Less current portion	—		(2,856		)
	Long-term lines of credit	$	22,782	$	26,400
Schedule of long-term debt	Other debt consisted of the following at December 31, 2014 and 2013:
		2014		2013
	Loans with former owners of LRI	$	—	$	51
	Less current maturities	—		(51		)
	Other long-term debt	$	—	$	—

STOCK_OWNERSHIP_AND_BENEFIT_PL1

STOCK OWNERSHIP AND BENEFIT PLANS (Tables)	12 Months Ended
	Dec. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of total stock-based compensation expense	The following table sets forth the total stock-based compensation expense included in the Consolidated Statements of Operations:
		2014				2013			2012
	Cost of products sold	$	309			$	304		$	324
	General and administrative expenses	2,995				2,913			3,018
	Selling and distribution expenses	284				184			1,101
	Stock-based compensation expense before income taxes and discontinued operations	3,588				3,401			4,443
	Income tax benefit	(970		)		(990		)	(864		)
	Stock-based compensation expense before discontinued operations, net of income taxes	2,618				2,411			3,579
	Discontinued operations	112				—			—
	Income tax benefit	(38		)		—			—
	Stock-based compensation expense in discontinued operations, net of income taxes	74				—			—
	Stock-based compensation expense, net of income taxes	2,692				2,411			3,579
	Earnings per share impact - Basic:
	Continuing operations	$	0.19			$	0.18		$	0.27
	Discontinued operations	$	0.01			$	—		$	—
	Net income	$	0.2			$	0.18		$	0.27
	Earnings per share impact - Diluted:
	Continuing operations	$	0.19			$	0.18		$	0.27
	Discontinued operations	$	0.01			$	—		$	—
	Net income	$	0.2			$	0.18		$	0.27
Summary of the activity of nonvested shares of restricted stock	A summary of the activity of our nonvested shares of restricted stock issued under the 2006 Plan for the years ended December 31, 2014, 2013, and 2012 is as follows:
		Shares			Weighted Average
					Grant Date
					Fair Value
	Balance at December 31, 2011	261,829			$	30.59
	Granted	116,900			20.74
	Vested	(136,344	)		27.2
	Balance at December 31, 2012	242,385			$	27.75
	Granted	163,579			16.37
	Vested	(216,851	)		27.95
	Forfeited	(2,000	)		22.05
	Balance at December 31, 2013	187,113			$	17.63
	Granted	157,680			21.31
	Vested	(81,823	)		18.55
	Forfeited	(250	)		22.05
	Balance at December 31, 2014	262,720			$	19.55
Summary of the activity of nonvested restricted stock units	A summary of the activity of our nonvested restricted stock units for the years ended December 31, 2014, 2013, and 2012 is as follows:
		Share			Weighted Average
		Units			Grant Date
					Fair Value
	Balance at December 31, 2011	53,998			$	20.43
	Granted	50,200			20.44
	Vested	(20,769	)		20.43
	Forfeited	(3,000	)		21.15
	Balance at December 31, 2012	80,429			$	20.41
	Granted	56,217			15.67
	Vested	(35,001	)		20.88
	Forfeited	(2,300	)		19.01
	Balance at December 31, 2013	99,345			$	17.59
	Granted	33,895			21.25
	Vested	(48,674	)		18.87
	Balance at December 31, 2014	84,566			$	18.33

INCOME_TAXES_RESTATED_Tables

INCOME TAXES (RESTATED) (Tables)	12 Months Ended
	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Schedule of domestic and foreign components of income before tax for operations	The domestic and foreign components of income before tax for our operations for the years ended December 31 are summarized below:
		2014			2013			2012
					Restated			Restated
	Domestic	$	(706	)	$	6,339		$	6,312
	Foreign	6,545			3,470			8,836
		$	5,839		$	9,809		$	15,148
Schedule of components of the provision for income taxes	The components of the provision for income taxes for the years ended December 31 are as follows:
		2014			2013			2012
					Restated			Restated
	Current - Federal	$	378		$	1,144		$	3,396
	Current - State	16			93			136
	Current - Foreign	3,774			3,020			2,254
	Current income tax expense	4,168			4,257			5,786
	Deferred - Federal	(236		)	658			(140		)
	Deferred - State	(82		)	(64		)	(27		)
	Deferred - Foreign	63			(1,115		)	(303		)
	Deferred income tax benefit	(255		)	(521		)	(470		)
	Income tax provision	$	3,913		$	3,736		$	5,316
Schedule of reconciliation of income tax provision	A reconciliation of our income tax provision computed by applying the Federal statutory income tax rate of 35% in December 31, 2014, 2013, and 2012 to income before taxes is as follows:
		2014			2013			2012
					Restated			Restated
	Statutory U.S. federal income tax	$	2,042		$	3,401		$	5,302
	U.S. state income tax, net of federal benefit	(15		)	85			45
	Foreign rate differential	(1,558		)	(1,259		)	(2,271		)
	Domestic production activities deduction	(21		)	(211		)	(316		)
	Tax audit adjustments	(338		)	812			—
	Intercompany distributions	16			2,239			—
	Foreign equity compensation	338			234			254
	Deemed repatriation of foreign earnings	—			(908		)	908
	Current year tax credits	(156		)	(628		)	(29		)
	Change in valuation allowances	3,737			73			—
	Other	(132		)	(102		)	1,423
	Provision for income taxes	$	3,913		$	3,736		$	5,316
Schedule of deferred tax assets and liabilities	Our deferred tax assets and liabilities at December 31, 2014 and 2013 consist of the following:
		2014			2013
					Restated
	Deferred tax assets:
	Net foreign operating loss carryforward	$	6,932		$	5,396
	Inventory differences	2,337			2,373
	Equity compensation	836			556
	Investment in subsidiaries	935			1,147
	Restructuring	1,265			—
	Other, net	418			591
	Gross deferred tax assets	12,723			10,063
	Less valuation allowances	(3,032		)	(75		)
	Total deferred tax assets	9,691			9,988
	Deferred tax liabilities:
	Purchased intangible assets	(9,813		)	(12,445		)
	Depreciation and amortization	(2,476		)	(1,676		)
	Other, net	(220		)	(238		)
	Total deferred tax liabilities	(12,509		)	(14,359		)
	Net deferred tax liabilities	$	(2,818	)	$	(4,371	)

BUSINESS_SEGMENTS_Tables

BUSINESS SEGMENTS (Tables)	12 Months Ended
	Dec. 31, 2014
Segment Reporting [Abstract]
Schedule of segment information	Segment information is presented for the years ended December 31, 2014, 2013, and 2012 as follows:
		Year Ended December 31,
		2014			2013			2012
	Net sales:
	NobelClad	$	97,108		$	118,409		$	115,333
	DynaEnergetics	105,453			83,651			77,404
	Consolidated net sales	$	202,561		$	202,060		$	192,737
		Year Ended December 31,
		2014			2013			2012
	Income before income taxes:
	NobelClad	$	2,155		$	17,090		$	17,439
	DynaEnergetics	14,479			4,506			6,568
	Segment operating income	16,634			21,596			24,007
	Unallocated corporate expenses	(6,381		)	(7,217		)	(3,565		)
	Stock-based compensation	(3,588		)	(3,401		)	(4,443		)
	Other income (expense)	(313		)	(528		)	(32		)
	Interest expense	(551		)	(648		)	(832		)
	Interest income	38			7			13
	Consolidated income before income taxes	$	5,839		$	9,809		$	15,148
		Year Ended December 31,
		2014			2013			2012
	Depreciation and Amortization:
	NobelClad	$	6,482		$	6,118		$	5,580
	DynaEnergetics	6,672			6,150			5,648
	Segment depreciation and amortization	$	13,154		$	12,268		$	11,228
		Year Ended December 31,
		2014			2013			2012
	Capital Expenditures:
	NobelClad	$	13,696		$	2,425		$	4,747
	DynaEnergetics	7,366			13,022			10,386
	Segment capital expenditures	21,062			15,447			15,133
	Corporate and other	341			776			—
	Consolidated capital expenditures	$	21,403		$	16,223		$	15,133
		Year Ended December 31,
		2014			2013
	Assets:
	NobelClad	$	93,383		$	99,115
	DynaEnergetics	103,914			112,919
	Segment assets	197,297			212,034
	Cash and cash equivalents	9,400			10,598
	Prepaid expenses and other assets	6,438			6,170
	Deferred tax assets	4,558			3,859
	Corporate property, plant and equipment	1,636			1,585
	Assets held for sale	—			6,299
	Consolidated assets	$	219,329		$	240,545
Schedule of geographic location of property, plant and equipment, net of accumulated depreciation	The geographic location of our property, plant and equipment, net of accumulated depreciation, is as follows:
			As of December 31,
			2014			2013
	United States		$	26,291		$	28,501
	Germany		21,210			12,703
	Russia		9,556			10,152
	France		4,440			5,801
	Canada		1,655			2,230
	Kazakhstan		461			438
	Rest of the world		222			390
	Total		$	63,835		$	60,215
Schedule of net sales based on the geographic location of the customer	The following represents our net sales based on the geographic location of the customer:
			For the Years Ended December 31,
			2014			2013			2012
	United States		$	91,009		$	88,532		$	71,155
	Canada		23,532			18,142			21,083
	Iraq		11,348			4,243			1,756
	Russia		7,992			5,992			6,472
	Germany		7,721			9,208			13,992
	India		7,617			8,888			3,874
	South Korea		7,362			11,642			9,469
	France		5,478			3,756			6,249
	China		1,800			606			7,986
	Kazakhstan		1,551			2,513			2,359
	Rest of the world		37,151			48,538			48,342
	Total		$	202,561		$	202,060		$	192,737

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Schedule of future minimum rental commitments under non-cancelable leases	Future minimum rental commitments under non-cancelable leases are as follows:
			Operating Leases
	Year ended December 31 -
	2015		$	1,880
	2016		1,349
	2017		985
	2018		852
	2019		508
	Thereafter		940
	Total minimum payments		$	6,514
Schedule of future minimum payments required to be made under license agreement and risk allocation agreement	Future minimum payments required to be made by us under these agreements are as follows:
	Year ended December 31 -
	2015	$	398
	2016	398
	2017	398
	2018	398
	2019	—
	Thereafter	—
	Total minimum payments	$	1,592

DISCONTINUED_OPERATIONS_Tables

DISCONTINUED OPERATIONS (Tables)	12 Months Ended
	Dec. 31, 2014
Discontinued Operations and Disposal Groups [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 years ended December 31, 2014, 2013 and 2012 are summarized as follows:
		2014			2013		2012
	Net sales	$	4,540		$	7,513	$	8,830
	Income (loss) from operations	$	(76	)	$	719	$	1,404
	Tax provision	1			241		461
	Income (loss) from operations, net of tax	$	(77	)	$	478	$	943
	Gain on sale of discontinued operations	$	1,476		$	—	$	—
	Tax provision	758			—		—
	Gain on sale of discontinued operations, net of tax	$	718		$	—	$	—
	The assets and liabilities of AMK have been reflected in assets and liabilities held for sale in the Condensed Consolidated Balance Sheet as of December 31, 2013 and are comprised of the following:
		December 31,
		2013
	Cash	$	19
	Accounts receivable	930
	Inventory	359
	Prepaid expenses and other	6
	Current deferred tax assets	67
	Property, plant and equipment, net	4,801
	Noncurrent deferred tax assets	117
	Total assets	$	6,299
	Accounts payable	$	101
	Accrued expenses	63
	Accrued employee compensation	254
	Customer advances	6
	Noncurrent deferred tax liabilities	402
	Total liabilities	$	826

SELECTED_QUARTERLY_FINANCIAL_D1

SELECTED QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Dec. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Impact of the restatement on previously reported quarterly consolidated balance sheet, statements of operations, statements of comprehensive income (loss) and statements of cash flows	The following table summarizes the impact of the restatement on our previously reported consolidated balance sheet for the year ending December 31, 2013 (in thousands, except share and per share data):
		31-Dec-13
		As Reported			Adjustments			Restated
	ASSETS
	CURRENT ASSETS:
	Cash and cash equivalents	$	10,598		$	—		$	10,598
	Accounts receivable, net of allowance for doubtful accounts of $419	37,785			—			37,785
	Inventory, net	41,191			—			41,191
	Prepaid expenses and other	4,375			(98		)	4,277
	Current deferred tax assets	3,440			16			3,456
	Assets held for sale	6,299			—			6,299
	Total current assets	103,688			(82		)	103,606
	PROPERTY, PLANT AND EQUIPMENT	98,573			—			98,573
	Less - accumulated depreciation	(38,358		)	—			(38,358		)
	Property, plant and equipment, net	60,215			—			60,215
	GOODWILL, net	37,970			—			37,970
	PURCHASED INTANGIBLE ASSETS, net	36,458			—			36,458
	DEFERRED TAX ASSETS	388			15			403
	OTHER ASSETS, net	1,893			—			1,893
	TOTAL ASSETS	$	240,612		$	(67	)	$	240,545
		31-Dec-13
		As Reported			Adjustments			Restated
	LIABILITIES AND STOCKHOLDERS’ EQUITY
	CURRENT LIABILITIES:
	Accounts payable	$	14,567		$	—		$	14,567
	Accrued expenses	3,927			—			3,927
	Dividend payable	550			—			550
	Accrued income taxes	2,811			(154		)	2,657
	Accrued employee compensation and benefits	4,552			—			4,552
	Customer advances	1,019			—			1,019
	Current debt obligations	2,907			—			2,907
	Current deferred tax liabilities	435			—			435
	Liabilities related to assets held for sale	826			—			826
	Total current liabilities	31,594			(154		)	31,440
	LINES OF CREDIT	26,400			—			26,400
	DEFERRED TAX LIABILITIES	7,945			(150		)	7,795
	OTHER LONG-TERM LIABILITIES	1,881			—			1,881
	Total liabilities	67,820			(304		)	67,516
	COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
	STOCKHOLDERS’ EQUITY:
	Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—
	Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding	689			—			689
	Additional paid-in capital	62,934			—			62,934
	Retained earnings	113,399			(9		)	113,390
	Other cumulative comprehensive loss	(4,230		)	246			(3,984		)
	Total stockholders’ equity	172,792			237			173,029
	TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	240,612		$	(67	)	$	240,545
	The following tables summarize the impact of the restatement on our previously reported statements of consolidated operations for fiscal years 2013 and 2012 (in thousands, except per share data):
		Year Ended December 31, 2013									Year Ended December 31, 2012
		As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
	NET SALES	$	202,060		$	—		$	202,060		$	192,737		$	—		$	192,737
	COST OF PRODUCTS SOLD	143,926			—			143,926			135,085			—			135,085
	Gross profit	58,134			—			58,134			57,652			—			57,652
	COSTS AND EXPENSES:
	General and administrative expenses	24,672			—			24,672			18,489			—			18,489
	Selling and distribution expenses	16,136			—			16,136			16,954			—			16,954
	Amortization of purchased intangible assets	6,348			—			6,348			6,210			—			6,210
	Total costs and expenses	47,156			—			47,156			41,653			—			41,653
	INCOME FROM OPERATIONS	10,978			—			10,978			15,999			—			15,999
	OTHER INCOME (EXPENSE):
	Other income (expense), net	(528		)	—			(528		)	(32		)	—			(32		)
	Interest expense	(648		)	—			(648		)	(832		)	—			(832		)
	Interest income	7			—			7			13			—			13
	INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	9,809			—			9,809			15,148			—			15,148
INCOME TAX PROVISION	2,700			1,036			3,736			4,397			919			5,316
INCOME FROM CONTINUING OPERATIONS	7,109			(1,036		)	6,073			10,751			(919		)	9,832
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	478			—			478			943			—			943
NET INCOME	7,587			(1,036		)	6,551			11,694			(919		)	10,775
Less: Net income (loss) attributable to non-controlling interest	92			—			92			(2		)	—			(2		)
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,495		$	(1,036	)	$	6,459		$	11,696		$	(919	)	$	10,777
INCOME PER SHARE - BASIC:
Continuing operations	$	0.52		$	(0.08	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.55		$	(0.08	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.07	)	$	0.44		$	0.8		$	(0.07	)	$	0.73
Discontinued operations	$	0.03		$	—		$	0.03		$	0.07		$	—		$	0.07
Net income	$	0.54		$	(0.07	)	$	0.47		$	0.87		$	(0.07	)	$	0.8
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,533,566			—			13,533,566			13,264,636			—			13,264,636
Diluted	13,537,525			—			13,537,525			13,268,713			—			13,268,713
DIVIDENDS DECLARED PER COMMON SHARE	$	0.16		$	—		$	0.16		$	0.16		$	—		$	0.16
The following tables summarize the impact of the restatement on our previously reported consolidated statements of comprehensive income for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013									Year Ended December 31, 2012
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,587		$	(1,036	)	$	6,551		$	11,694		$	(919	)	$	10,775
Change in cumulative foreign currency translation adjustment	2,237			382			2,619			2,796			(190		)	2,606
Total comprehensive income	9,824			(654		)	9,170			14,490			(1,109		)	13,381
Comprehensive income attributable to non-controlling interest	96			—			96			1			—			1
Comprehensive income attributable to Dynamic Materials Corporation	$	9,728		$	(654	)	$	9,074		$	14,489		$	(1,109	)	$	13,380
The following tables summarize the impact of the restatement on our previously reported consolidated statements of cash flows for fiscal years 2013 and 2012 (in thousands):
	Year Ended December 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,587		$	(1,036	)	$	6,551
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(478		)	—			(478		)
Depreciation (including capital lease amortization)	5,920			—			5,920
Amortization of purchased intangible assets	6,348			—			6,348
Amortization of deferred debt issuance costs	102			—			102
Stock-based compensation	3,401			—			3,401
Deferred income tax benefit	(1,666		)	1,145			(521		)
Loss on disposal of property, plant and equipment	50			—			50
Restructuring and impairment charges	756			—			756
Change in:
Accounts receivable, net	(2,185		)	—			(2,185		)
Inventory, net	6,750			—			6,750
Prepaid expenses and other	79			10			89
Accounts payable	2,228			—			2,228
Customer advances	(360		)	—			(360		)
Accrued expenses and other liabilities	1,707			(119		)	1,588
Net cash flows provided by continuing operations	30,239			—			30,239
Net cash flows provided by discontinued operations	1,777			—			1,777
Net cash provided by operating activities	32,016			—			32,016
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(16,223		)	—			(16,223		)
Acquisition of minority interest	(180		)	—			(180		)
Change in other non-current assets	(489		)	—			(489		)
Net cash flows used in continuing operations	(16,892		)	—			(16,892		)
Net cash flows used in discontinued operations	(1,348		)	—			(1,348		)
Net cash used in investing activities	(18,240		)	—			(18,240		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,592		)	—			(9,592		)
Payment on loans with former owners of LRI	(63		)	—			(63		)
Payment on capital lease obligations	(40		)	—			(40		)
Payment of dividends	(2,187		)	—			(2,187		)
Other	295			—			295
Net cash used in financing activities	(11,587		)	—			(11,587		)
EFFECTS OF EXCHANGE RATES ON CASH	191			—			191
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,380			—			2,380
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	10,598		$	—		$	10,598
	Year Ended December 31, 2012
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	11,694		$	(919	)	$	10,775
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(943		)	—			(943		)
Depreciation (including capital lease amortization)	5,018			—			5,018
Amortization of purchased intangible assets	6,210			—			6,210
Amortization of deferred debt issuance costs	124			—			124
Stock-based compensation	4,443			—			4,443
Deferred income tax benefit	(1,159		)	689			(470		)
Change in:
Accounts receivable, net	717			—			717
Inventory, net	(2,380		)	—			(2,380		)
Prepaid expenses and other	463			88			551
Accounts payable	(3,616		)	—			(3,616		)
Customer advances	(556		)	—			(556		)
Accrued expenses and other liabilities	(551		)	142			(409		)
Net cash flows provided by continuing operations	19,464			—			19,464
Net cash flows provided by discontinued operations	1,092			—			1,092
Net cash provided by operating activities	20,556			—			20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(15,133		)	—			(15,133		)
Acquisition of TRX Industries	(10,294		)	—			(10,294		)
Change in other non-current assets	(224		)	—			(224		)
Net cash flows used in continuing operations	(25,651		)	—			(25,651		)
Net cash flows used in discontinued operations	(514		)	—			(514		)
Net cash used in investing activities	(26,165		)	—			(26,165		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	12,174			—			12,174
Payment on loans with former owners of LRI	(1,176		)	—			(1,176		)
Payment on capital lease obligations	(66		)	—			(66		)
Payment of dividends	(2,155		)	—			(2,155		)
Other	(260		)	—			(260		)
Net cash provided by financing activities	8,517			—			8,517
EFFECTS OF EXCHANGE RATES ON CASH	(8		)	—			(8		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	2,900			—			2,900
CASH AND CASH EQUIVALENTS, beginning of the period	5,318			—			5,318
CASH AND CASH EQUIVALENTS, end of the period	$	8,218		$	—		$	8,218
The following tables summarize the impact of the restatement on our previously reported interim consolidated balance sheet for fiscal years 2014 and 2013 (in thousands, except share and per share data):
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	9,131		$	—		$	9,131		$	8,246		$	—		$	8,246
Accounts receivable, net of allowance for doubtful accounts of $459 and $440, respectively	35,973			—			35,973			31,948			—			31,948
Inventory, net	43,106			(54		)	43,052			46,491			—			46,491
Prepaid expenses and other	6,142			(98		)	6,044			5,956			(89		)	5,867
Current deferred tax assets	2,424			16			2,440			1,587			2			1,589
Assets held for sale	6,276			—			6,276			5,402			—			5,402
Total current assets	103,052			(136		)	102,916			99,630			(87		)	99,543
PROPERTY, PLANT AND EQUIPMENT	100,208			—			100,208			85,896			—			85,896
Less - accumulated depreciation	(40,934		)	202			(40,732		)	(33,661		)	—			(33,661		)
Property, plant and equipment, net	59,274			202			59,476			52,235			—			52,235
GOODWILL, net	37,689			—			37,689			36,125			—			36,125
PURCHASED INTANGIBLE ASSETS, net	34,597			—			34,597			39,428			—			39,428
DEFERRED TAX ASSETS	552			44			596			1,060			(138		)	922
OTHER ASSETS, net	1,711			—			1,711			529			—			529
TOTAL ASSETS	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	31-Mar-14									31-Mar-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	13,438		$	—		$	13,438		$	10,362		$	—		$	10,362
Accrued expenses	4,315			—			4,315			4,453			—			4,453
Dividend payable	557			—			557			547			—			547
Accrued income taxes	2,034			(102		)	1,932			295			5			300
Accrued employee compensation and benefits	3,140			—			3,140			3,778			—			3,778
Customer advances	2,996			—			2,996			1,378			—			1,378
Current debt obligations	516			—			516			64			—			64
Current portion of capital lease obligations	10			—			10			50			—			50
Current deferred tax liabilities	404			—			404			155			—			155
Liabilities related to assets held for sale	758			—			758			543			—			543
Total current liabilities	28,168			(102		)	28,066			21,625			5			21,630
LINES OF CREDIT	26,900			—			26,900			38,256			—			38,256
LONG-TERM DEBT	—			—			—			37			—			37
CAPITAL LEASE OBLIGATIONS	7			—			7			6			—			6
DEFERRED TAX LIABILITIES	7,566			158			7,724			8,344			(1,021		)	7,323
OTHER LONG-TERM LIABILITIES	1,930			88			2,018			1,582			—			1,582
Total liabilities	64,571			144			64,715			69,850			(1,016		)	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,944,094 and 13,683,307 shares issued and outstanding, respectively	698			—			698			684			—			684
Additional paid-in capital	63,589			101			63,690			60,682			—			60,682
Retained earnings	114,480			(160		)	114,320			107,769			919			108,688
Other cumulative comprehensive loss	(6,463		)	25			(6,438		)	(10,087		)	(128		)	(10,215		)
Total DMC’s stockholders’ equity	172,304			(34		)	172,270			159,048			791			159,839
Non-controlling interest	—			—			—			109			—			109
Total stockholders’ equity	172,304			(34		)	172,270			159,157			791			159,948
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	236,875		$	110		$	236,985		$	229,007		$	(225	)	$	228,782
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	8,643		$	—		$	8,643		$	2,368		$	—		$	2,368
Accounts receivable, net of allowance for doubtful accounts of $504 and $471, respectively	38,409			—			38,409			39,959			—			39,959
Inventory, net	45,887			—			45,887			45,190			—			45,190
Prepaid expenses and other	7,218			(98		)	7,120			5,504			(89		)	5,415
Current deferred tax assets	2,532			16			2,548			1,944			2			1,946
Assets held for sale	6,155			—			6,155			6,206			—			6,206
Total current assets	108,844			(82		)	108,762			101,171			(87		)	101,084
PROPERTY, PLANT AND EQUIPMENT	102,564			—			102,564			90,651			—			90,651
Less - accumulated depreciation	(42,220		)	202			(42,018		)	(35,010		)	—			(35,010		)
Property, plant and equipment, net	60,344			202			60,546			55,641			—			55,641
GOODWILL, net	37,161			—			37,161			36,447			—			36,447
PURCHASED INTANGIBLE ASSETS, net	32,939			—			32,939			38,121			—			38,121
DEFERRED TAX ASSETS	792			(276		)	516			458			(139		)	319
OTHER ASSETS, net	1,868			—			1,868			505			—			505
TOTAL ASSETS	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Jun-14									30-Jun-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,689		$	—		$	9,689		$	14,111		$	—		$	14,111
Accrued expenses	3,671			—			3,671			4,657			—			4,657
Dividend payable	559			—			559			549			—			549
Accrued income taxes	2,471			(154		)	2,317			906			5			911
Accrued employee compensation and benefits	4,119			—			4,119			4,338			—			4,338
Customer advances	2,617			—			2,617			4,758			—			4,758
Current debt obligations	20			—			20			63			—			63
Current portion of capital lease obligations	5			—			5			45			—			45
Current deferred tax liabilities	417			—			417			155			—			155
Liabilities related to assets held for sale	742			—			742			820			—			820
Total current liabilities	24,310			(154		)	24,156			30,402			5			30,407
LINES OF CREDIT	31,800			—			31,800			28,843			—			28,843
LONG-TERM DEBT	—			—			—			20			—			20
CAPITAL LEASE OBLIGATIONS	6			—			6			—			—			—
DEFERRED TAX LIABILITIES	7,186			554			7,740			8,050			(646		)	7,404
OTHER LONG-TERM LIABILITIES	2,000			58			2,058			1,668			—			1,668
Total liabilities	65,302			458			65,760			68,983			(641		)	68,342
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,750,163 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	64,861			89			64,950			61,530			—			61,530
Retained earnings	116,808			(731		)	116,077			110,659			545			111,204
Other cumulative comprehensive loss	(5,722		)	28			(5,694		)	(9,642		)	(130		)	(9,772		)
Total DMC’s stockholders’ equity	176,646			(614		)	176,032			163,235			415			163,650
Non-controlling interest	—			—			—			125			—			125
Total stockholders’ equity	176,646			(614		)	176,032			163,360			415			163,775
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	241,948		$	(156	)	$	241,792		$	232,343		$	(226	)	$	232,117
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	14,932		$	—		$	14,932		$	9,333		$	—		$	9,333
Accounts receivable, net of allowance for doubtful accounts of $599 and $340, respectively	30,923			—			30,923			30,394			—			30,394
Inventory, net	41,846			280			42,126			41,384			—			41,384
Prepaid expenses and other	7,161			(378		)	6,783			3,977			(89		)	3,888
Current deferred tax assets	5,583			16			5,599			2,513			2			2,515
Assets held for sale	6,011			—			6,011			6,610			—			6,610
Total current assets	106,456			(82		)	106,374			94,211			(87		)	94,124
PROPERTY, PLANT AND EQUIPMENT	100,305			—			100,305			95,717			—			95,717
Less - accumulated depreciation	(42,625		)	202			(42,423		)	(36,469		)	—			(36,469		)
Property, plant and equipment, net	57,680			202			57,882			59,248			—			59,248
GOODWILL, net	34,382			—			34,382			37,553			—			37,553
PURCHASED INTANGIBLE ASSETS, net	29,403			—			29,403			37,646			—			37,646
DEFERRED TAX ASSETS	439			(9		)	430			397			(239		)	158
OTHER ASSETS, net	1,236			—			1,236			499			—			499
TOTAL ASSETS	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
	30-Sep-14									30-Sep-13
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable	$	9,104		$	—		$	9,104		$	9,020		$	—		$	9,020
Accrued expenses	3,245			—			3,245			4,222			—			4,222
Dividend payable	559			—			559			550			—			550
Accrued income taxes	3,030			(58		)	2,972			1,325			(88		)	1,237
Accrued employee compensation and benefits	4,667			—			4,667			5,346			—			5,346
Customer advances	2,364			—			2,364			1,387			—			1,387
Current debt obligations	4			—			4			65			—			65
Current portion of capital lease obligations	5			—			5			33			—			33
Current deferred tax liabilities	435			—			435			274			—			274
Liabilities related to assets held for sale	721			—			721			765			—			765
Total current liabilities	24,134			(58		)	24,076			22,987			(88		)	22,899
LINES OF CREDIT	26,000			—			26,000			25,550			—			25,550
LONG-TERM DEBT	—			—			—			5			—			5
CAPITAL LEASE OBLIGATIONS	4			—			4			—			—			—
DEFERRED TAX LIABILITIES	8,641			866			9,507			8,084			(242		)	7,842
OTHER LONG-TERM LIABILITIES	1,958			30			1,988			1,755			—			1,755
Total liabilities	60,737			838			61,575			58,381			(330		)	58,051
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	—			—			—			—			—			—
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,979,119 and 13,759,007 shares issued and outstanding, respectively	699			—			699			688			—			688
Additional paid-in capital	65,836			78			65,914			62,099			—			62,099
Retained earnings	118,745			(888		)	117,857			113,670			167			113,837
Other cumulative comprehensive loss	(16,421		)	83			(16,338		)	(5,464		)	(163		)	(5,627		)
Total DMC’s stockholders’ equity	168,859			(727		)	168,132			170,993			4			170,997
Non-controlling interest	—			—			—			180			—			180
Total stockholders’ equity	168,859			(727		)	168,132			171,173			4			171,177
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	229,596		$	111		$	229,707		$	229,554		$	(326	)	$	229,228
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of operations (in thousands, except per share data):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	46,769		$	—		$	46,769		$	44,836		$	—		$	44,836
COST OF PRODUCTS SOLD	32,203			(148		)	32,055			32,047			—			32,047
Gross profit	14,566			148			14,714			12,789			—			12,789
COSTS AND EXPENSES:
General and administrative expenses	5,542			250			5,792			8,014			—			8,014
Selling and distribution expenses	4,223			—			4,223			4,030			—			4,030
Amortization of purchased intangible assets	1,616			—			1,616			1,585			—			1,585
Total costs and expenses	11,381			250			11,631			13,629			—			13,629
INCOME (LOSS) FROM OPERATIONS	3,185			(102		)	3,083			(840		)	—			(840		)
OTHER INCOME (EXPENSE):
Other income (expense), net	(435		)	—			(435		)	296			—			296
Interest expense	(109		)	—			(109		)	(172		)	—			(172		)
Interest income	5			—			5			3			—			3
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	2,646			(102		)	2,544			(713		)	—			(713		)
INCOME TAX PROVISION (BENEFIT)	692			49			741			(1,049		)	108			(941		)
INCOME FROM CONTINUING OPERATIONS	1,954			(151		)	1,803			336			(108		)	228
DISCONTINUED OPERATIONS:
Loss from operations of discontinued operations, net of tax	(316		)	—			(316		)	(93		)	—			(93		)
NET INCOME	1,638			(151		)	1,487			243			(108		)	135
Less: Net income attributable to non-controlling interest	—			—			—			28			—			28
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	1,638		$	(151	)	$	1,487		$	215		$	(108	)	$	107
INCOME PER SHARE - BASIC:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.14		$	(0.01	)	$	0.13		$	0.03		$	(0.01	)	$	0.02
Discontinued operations	$	(0.02	)	$	—		$	(0.02	)	$	(0.01	)	$	—		$	(0.01	)
Net income	$	0.12		$	(0.01	)	$	0.11		$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,644,239			—			13,644,239			13,509,792			—			13,509,792
Diluted	13,649,953			—			13,649,953			13,513,797			—			13,513,797
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,911		$	—		$	51,911		$	55,554		$	—		$	55,554
COST OF PRODUCTS SOLD	36,067			(54		)	36,013			39,155			—			39,155
Gross profit	15,844			54			15,898			16,399			—			16,399
COSTS AND EXPENSES:
General and administrative expenses	5,813			(42		)	5,771			5,006			—			5,006
Selling and distribution expenses	4,733			—			4,733			4,310			—			4,310
Amortization of purchased intangible assets	1,617			—			1,617			1,568			—			1,568
Total costs and expenses	12,163			(42		)	12,121			10,884			—			10,884
INCOME FROM OPERATIONS	3,681			96			3,777			5,515			—			5,515
OTHER INCOME (EXPENSE):
Other income (expense), net	332			—			332			(420		)	—			(420		)
Interest expense	(174		)	—			(174		)	(183		)	—			(183		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,840			96			3,936			4,913			—			4,913
INCOME TAX PROVISION	1,172			667			1,839			1,768			373			2,141
INCOME FROM CONTINUING OPERATIONS	2,668			(571		)	2,097			3,145			(373		)	2,772
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	219			—			219			310			—			310
NET INCOME	2,887			(571		)	2,316			3,455			(373		)	3,082
Less: Net income attributable to non-controlling interest	—			—			—			15			—			15
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,887		$	(571	)	$	2,316		$	3,440		$	(373	)	$	3,067
INCOME PER SHARE - BASIC:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.19		$	(0.04	)	$	0.15		$	0.23		$	(0.03	)	$	0.2
Discontinued operations	$	0.02		$	—		$	0.02		$	0.02		$	—		$	0.02
Net income	$	0.21		$	(0.04	)	$	0.17		$	0.25		$	(0.03	)	$	0.22
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,672,457			—			13,672,457			13,526,623			—			13,526,623
Diluted	13,677,911			—			13,677,911			13,530,588			—			13,530,588
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	98,680		$	—		$	98,680		$	100,390		$	—		$	100,390
COST OF PRODUCTS SOLD	68,269			(202		)	68,067			71,203			—			71,203
Gross profit	30,411			202			30,613			29,187			—			29,187
COSTS AND EXPENSES:
General and administrative expenses	11,356			208			11,564			13,019			—			13,019
Selling and distribution expenses	8,956			—			8,956			8,340			—			8,340
Amortization of purchased intangible assets	3,232			—			3,232			3,153			—			3,153
Total costs and expenses	23,544			208			23,752			24,512			—			24,512
INCOME FROM OPERATIONS	6,867			(6		)	6,861			4,675			—			4,675
OTHER INCOME (EXPENSE):
Other income (expense), net	(103		)	—			(103		)	(124		)	—			(124		)
Interest expense	(283		)	—			(283		)	(355		)	—			(355		)
Interest income	5			—			5			4			—			4
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	6,486			(6		)	6,480			4,200			—			4,200
INCOME TAX PROVISION	1,864			716			2,580			719			482			1,201
INCOME FROM CONTINUING OPERATIONS	4,622			(722		)	3,900			3,481			(482		)	2,999
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(97		)	—			(97		)	217			—			217
NET INCOME	4,525			(722		)	3,803			3,698			(482		)	3,216
Less: Net income attributable to non-controlling interest	—			—			—			43			—			43
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	4,525		$	(722	)	$	3,803		$	3,655		$	(482	)	$	3,173
INCOME PER SHARE - BASIC:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.33		$	(0.05	)	$	0.28		$	0.25		$	(0.04	)	$	0.21
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.02		$	—		$	0.02
Net income	$	0.32		$	(0.05	)	$	0.27		$	0.27		$	(0.04	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,668,223			—			13,668,223			13,523,028			—			13,523,028
Diluted	13,673,807			—			13,673,807			13,527,011			—			13,527,011
DIVIDENDS DECLARED PER COMMON SHARE	$	0.08		$	—		$	0.08		$	0.08		$	—		$	0.08
	Three months ended September 30, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	51,886		$	—		$	51,886		$	52,331		$	—		$	52,331
COST OF PRODUCTS SOLD	36,803			—			36,803			36,229			—			36,229
Gross profit	15,083			—			15,083			16,102			—			16,102
COSTS AND EXPENSES:
General and administrative expenses	5,503			(40		)	5,463			5,672			—			5,672
Selling and distribution expenses	4,639			—			4,639			3,658			—			3,658
Amortization of purchased intangible assets	1,575			—			1,575			1,581			—			1,581
Total costs and expenses	11,717			(40		)	11,677			10,911			—			10,911
INCOME FROM OPERATIONS	3,366			40			3,406			5,191			—			5,191
OTHER INCOME (EXPENSE):
Other income (expense), net	472			—			472			(247		)	—			(247		)
Interest expense	(137		)	—			(137		)	(129		)	—			(129		)
Interest income	1			—			1			1			—			1
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702			40			3,742			4,816			—			4,816
INCOME TAX PROVISION	1,224			196			1,420			1,460			378			1,838
INCOME FROM CONTINUING OPERATIONS	2,478			(156		)	2,322			3,356			(378		)	2,978
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	20			—			20			255			—			255
NET INCOME	2,498			(156		)	2,342			3,611			(378		)	3,233
Less: Net income attributable to non-controlling interest	—			—			—			49			—			49
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	2,498		$	(156	)	$	2,342		$	3,562		$	(378	)	$	3,184
INCOME PER SHARE - BASIC:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.18		$	(0.01	)	$	0.17		$	0.24		$	(0.03	)	$	0.21
Discontinued operations	$	—		$	—		$	—		$	0.02		$	—		$	0.02
Net income	$	0.18		$	(0.01	)	$	0.17		$	0.26		$	(0.03	)	$	0.23
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,688,649			—			13,688,649			13,540,394			—			13,540,394
Diluted	13,690,174			—			13,690,174			13,544,665			—			13,544,665
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	—		$	0.04		$	0.04		$	—		$	0.04
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
NET SALES	$	150,566		$	—		$	150,566		$	152,720		$	—		$	152,720
COST OF PRODUCTS SOLD	105,073			(202		)	104,871			107,431			—			107,431
Gross profit	45,493			202			45,695			45,289			—			45,289
COSTS AND EXPENSES:
General and administrative expenses	16,858			169			17,027			18,694			—			18,694
Selling and distribution expenses	13,596			—			13,596			11,997			—			11,997
Amortization of purchased intangible assets	4,808			—			4,808			4,734			—			4,734
Total costs and expenses	35,262			169			35,431			35,425			—			35,425
INCOME FROM OPERATIONS	10,231			33			10,264			9,864			—			9,864
OTHER INCOME (EXPENSE):
Other income (expense), net	369			—			369			(371		)	—			(371		)
Interest expense	(420		)	—			(420		)	(484		)	—			(484		)
Interest income	6			—			6			5			—			5
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	10,186			33			10,219			9,014			—			9,014
INCOME TAX PROVISION	3,088			912			4,000			2,179			860			3,039
INCOME FROM CONTINUING OPERATIONS	7,098			(879		)	6,219			6,835			(860		)	5,975
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	(77		)	—			(77		)	473			—			473
NET INCOME	7,021			(879		)	6,142			7,308			(860		)	6,448
Less: Net income attributable to non-controlling interest	—			—			—			92			—			92
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	$	7,021		$	(879	)	$	6,142		$	7,216		$	(860	)	$	6,356
INCOME PER SHARE - BASIC:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
INCOME PER SHARE - DILUTED:
Continuing operations	$	0.51		$	(0.06	)	$	0.45		$	0.49		$	(0.06	)	$	0.43
Discontinued operations	$	(0.01	)	$	—		$	(0.01	)	$	0.03		$	—		$	0.03
Net income	$	0.5		$	(0.06	)	$	0.44		$	0.52		$	(0.06	)	$	0.46
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,676,730			—			13,676,730			13,528,880			—			13,528,880
Diluted	13,681,790			—			13,681,790			13,532,973			—			13,532,973
DIVIDENDS DECLARED PER COMMON SHARE	$	0.12		$	—		$	0.12		$	0.12		$	—		$	0.12
	Three months ended December 31, 2014			Three months ended December, 2013
	As Reported			As Reported			Adjustments			Restated
NET SALES	$	51,995		$	49,339		$	—		$	49,339
COST OF PRODUCTS SOLD	36,271			36,495			—			36,495
Gross profit	15,724			12,844			—			12,844
COSTS AND EXPENSES:
General and administrative expenses	6,740			5,980			—			5,980
Selling and distribution expenses	4,509			4,138			—			4,138
Amortization of purchased intangible assets	1,295			1,614			—			1,614
Restructuring expenses	6,781			—			—			—
Total costs and expenses	19,325			11,732			—			11,732
INCOME (LOSS) FROM OPERATIONS	(3,601		)	1,112			—			1,112
OTHER INCOME (EXPENSE):
Other income (expense), net	(682		)	(157		)	—			(157		)
Interest expense	(132		)	(164		)	—			(164		)
Interest income	32			2			—			2
INCOME (LOSS) BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	(4,383		)	793			—			793
INCOME TAX PROVISION (BENEFIT)	(87		)	522			176			698
INCOME (LOSS) FROM CONTINUING OPERATIONS	(4,296		)	271			(176		)	95
DISCONTINUED OPERATIONS:
Income from operations of discontinued operations, net of tax	—			6			—			6
Gain on sale of discontinued operations, net of tax	718			—			—			—
Income from discontinued operations	718			6			—			6
NET INCOME (LOSS)	(3,578		)	277			(176		)	101
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations	$	(0.32	)	$	0.02		$	(0.01	)	$	0.01
Discontinued operations	$	0.05		$	—		$	—		$	—
Net income	$	(0.27	)	$	0.02		$	(0.01	)	$	0.01
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic	13,696,399			13,543,007			—			13,543,007
Diluted	13,697,821			13,549,288			—			13,549,288
DIVIDENDS DECLARED PER COMMON SHARE	$	0.04		$	0.04		$	—		$	0.04
The following tables summarize the impact of the restatement on our previously reported interim consolidated statements of comprehensive income (loss) for the fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014									Three months ended March 31, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	1,638		$	(151	)	$	1,487		$	243		$	(108	)	$	135
Change in cumulative foreign currency translation adjustment	(2,233		)	(221		)	(2,454		)	(3,627		)	8			(3,619		)
Total comprehensive loss	(595		)	(372		)	(967		)	(3,384		)	(100		)	(3,484		)
Comprehensive income attributable to non-controlling interest	—			—			—			25			—			25
Comprehensive loss attributable to Dynamic Materials Corporation	$	(595	)	$	(372	)	$	(967	)	$	(3,409	)	$	(100	)	$	(3,509	)
	Three months ended June 30, 2014									Three months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,887		$	(571	)	$	2,316		$	3,455		$	(373	)	$	3,082
Change in cumulative foreign currency translation adjustment	741			3			744			446			(3		)	443
Total comprehensive income	3,628			(568		)	3,060			3,901			(376		)	3,525
Comprehensive income attributable to non-controlling interest	—			—			—			16			—			16
Comprehensive income attributable to Dynamic Materials Corporation	$	3,628		$	(568	)	$	3,060		$	3,885		$	(376	)	$	3,509
	Six months ended June 30, 2014									Six months ended June 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	4,525		$	(722	)	$	3,803		$	3,698		$	(482	)	$	3,216
Change in cumulative foreign currency translation adjustment	(1,492		)	(218		)	(1,710		)	(3,181		)	6			(3,175		)
Total comprehensive income	3,033			(940		)	2,093			517			(476		)	41
Comprehensive income attributable to non-controlling interest	—			—			—			41			—			41
Comprehensive income attributable to Dynamic Materials Corporation	$	3,033		$	(940	)	$	2,093		$	476		$	(476	)	$	—
	Three months ended September, 2014									Three months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	2,498		$	(156	)	$	2,342		$	3,611		$	(378	)	$	3,233
Change in cumulative foreign currency translation adjustment	(10,701		)	54			(10,647		)	4,183			(33		)	4,150
Total comprehensive income (loss)	(8,203		)	(102		)	(8,305		)	7,794			(411		)	7,383
Comprehensive income attributable to non-controlling interest	—			—			—			55			—			55
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(8,203	)	$	(102	)	$	(8,305	)	$	7,739		$	(411	)	$	7,328
	Nine months ended September 30, 2014									Nine months ended September 30, 2013
	As Reported			Adjustments			Restated			As Reported			Adjustments			Restated
Net income including non-controlling interest	$	7,021		$	(879	)	$	6,142		$	7,308		$	(860	)	$	6,448
Change in cumulative foreign currency translation adjustment	(12,191		)	(163		)	(12,354		)	1,003			(27		)	976
Total comprehensive income (loss)	(5,170		)	(1,042		)	(6,212		)	8,311			(887		)	7,424
Comprehensive income attributable to non-controlling interest	—			—			—			96			—			96
Comprehensive income (loss) attributable to Dynamic Materials Corporation	$	(5,170	)	$	(1,042	)	$	(6,212	)	$	8,215		$	(887	)	$	7,328
The following tables summarize the impact of the restatement on our previously reported interim consolidated statement of cash flows for fiscal years 2014 and 2013 (in thousands):
	Three months ended March 31, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	1,638		$	(151	)	$	1,487
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	316			—			316
Depreciation (including capital lease amortization)	1,826			(202		)	1,624
Amortization of purchased intangible assets	1,616			—			1,616
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	555			162			717
Deferred income tax benefit	612			58			670
Change in:
Accounts receivable, net	1,570			—			1,570
Inventory, net	(2,513		)	54			(2,459		)
Prepaid expenses and other	(1,867		)	—			(1,867		)
Accounts payable	(1,051		)	—			(1,051		)
Customer advances	1,980			—			1,980
Accrued expenses and other liabilities	(1,291		)	140			(1,151		)
Net cash flows provided by continuing operations	3,416			61			3,477
Net cash flows used in discontinued operations	(298		)	—			(298		)
Net cash provided by operating activities	3,118			61			3,179
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(1,994		)	—			(1,994		)
Change in other non-current assets	32			—			32
Net cash flows used in continuing operations	(1,962		)	—			(1,962		)
Net cash flows used in discontinued operations	(63		)	—			(63		)
Net cash used in investing activities	(2,025		)	—			(2,025		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(1,863		)	—			(1,863		)
Payment on loans with former owners of LRI	(15		)	—			(15		)
Payment on capital lease obligations	(15		)	—			(15		)
Payment of dividends	(550		)	—			(550		)
Net proceeds from issuance of common stock to employees and directors	22			—			22
Excess tax benefit from stock-based compensation	87			(61		)	26
Net cash used in financing activities	(2,334		)	(61		)	(2,395		)
EFFECTS OF EXCHANGE RATES ON CASH	(226		)	—			(226		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,467		)	—			(1,467		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	9,131		$	—		$	9,131
	Six months ended June 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	4,525		$	(722	)	$	3,803
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	97			—			97
Depreciation (including capital lease amortization)	3,581			(202		)	3,379
Amortization of purchased intangible assets	3,232			—			3,232
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	1,591			150			1,741
Deferred income tax benefit	72			776			848
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	(858		)	—			(858		)
Inventory, net	(5,000		)	—			(5,000		)
Prepaid expenses and other	(2,873		)	—			(2,873		)
Accounts payable	(4,778		)	—			(4,778		)
Customer advances	1,613			—			1,613
Accrued expenses and other liabilities	(645		)	59			(586		)
Net cash flows provided by continuing operations	613			61			674
Net cash flows provided by discontinued operations	48			—			48
Net cash provided by operating activities	661			61			722
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,123		)	—			(4,123		)
Change in other non-current assets	(59		)	—			(59		)
Net cash flows used in continuing operations	(4,182		)	—			(4,182		)
Net cash flows used in discontinued operations	(85		)	—			(85		)
Net cash used in investing activities	(4,267		)	—			(4,267		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	2,555			—			2,555
Payment on loans with former owners of LRI	(31		)	—			(31		)
Payment on capital lease obligations	(22		)	—			(22		)
Payment of dividends	(1,108		)	—			(1,108		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	112			(61		)	51
Net cash provided by financing activities	1,740			(61		)	1,679
EFFECTS OF EXCHANGE RATES ON CASH	(89		)	—			(89		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(1,955		)	—			(1,955		)
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	8,643		$	—		$	8,643
	Nine months ended September 30, 2014
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,021		$	(879	)	$	6,142
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	77			—			77
Depreciation (including capital lease amortization)	5,406			(202		)	5,204
Amortization of purchased intangible assets	4,808			—			4,808
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,565			139			2,704
Deferred income tax benefit	(608		)	863			255
Loss on disposal of property, plant and equipment	6			—			6
Change in:
Accounts receivable, net	5,342			—			5,342
Inventory, net	(3,012		)	280			(2,732		)
Prepaid expenses and other	(3,146		)	(267		)	(3,413		)
Accounts payable	(5,084		)	—			(5,084		)
Customer advances	1,445			—			1,445
Accrued expenses and other liabilities	683			127			810
Net cash flows provided by continuing operations	15,579			61			15,640
Net cash flows provided by discontinued operations	239			—			239
Net cash provided by operating activities	15,818			61			15,879
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(6,472		)	—			(6,472		)
Change in other non-current assets	373			—			373
Net cash flows used in continuing operations	(6,099		)	—			(6,099		)
Net cash flows used in discontinued operations	(120		)	—			(120		)
Net cash used in investing activities	(6,219		)	—			(6,219		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(3,213		)	—			(3,213		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(23		)	—			(23		)
Payment of dividends	(1,667		)	—			(1,667		)
Net proceeds from issuance of common stock to employees and directors	234			—			234
Excess tax benefit from stock-based compensation	113			(61		)	52
Net cash used in financing activities	(4,603		)	(61		)	(4,664		)
EFFECTS OF EXCHANGE RATES ON CASH	(662		)	—			(662		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,334			—			4,334
CASH AND CASH EQUIVALENTS, beginning of the period	10,598			—			10,598
CASH AND CASH EQUIVALENTS, end of the period	$	14,932		$	—		$	14,932
	Three months ended March 31, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	243		$	(108	)	$	135
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations, net of tax	93			—			93
Depreciation (including capital lease amortization)	1,272			—			1,272
Amortization of purchased intangible assets	1,585			—			1,585
Amortization of deferred debt issuance costs	25			—			25
Stock-based compensation	1,422			—			1,422
Deferred income tax benefit	130			173			303
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	2,784			—			2,784
Inventory, net	619			—			619
Prepaid expenses and other	(952		)	—			(952		)
Accounts payable	(596		)	—			(596		)
Customer advances	55			—			55
Accrued expenses and other liabilities	(916		)	(65		)	(981		)
Net cash flows provided by continuing operations	5,785			—			5,785
Net cash flows provided by discontinued operations	559			—			559
Net cash provided by operating activities	6,344			—			6,344
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(4,366		)	—			(4,366		)
Change in other non-current assets	45			—			45
Net cash flows used in continuing operations	(4,321		)	—			(4,321		)
Net cash flows used in discontinued operations	(87		)	—			(87		)
Net cash used in investing activities	(4,408		)	—			(4,408		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(202		)	—			(202		)
Payment on loans with former owners of LRI	(16		)	—			(16		)
Payment on capital lease obligations	(13		)	—			(13		)
Payment of dividends	(540		)	—			(540		)
Excess tax benefit from stock-based compensation	(890		)	—			(890		)
Net cash used in financing activities	(1,661		)	—			(1,661		)
EFFECTS OF EXCHANGE RATES ON CASH	(247		)	—			(247		)
NET INCREASE IN CASH AND CASH EQUIVALENTS	28			—			28
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	8,246		$	—		$	8,246
	Six months ended June 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	3,698		$	(482	)	$	3,216
Adjustments to reconcile net income to net cash provided by operating activities:
Income from discontinued operations, net of tax	(217		)	—			(217		)
Depreciation (including capital lease amortization)	2,583			—			2,583
Amortization of purchased intangible assets	3,153			—			3,153
Amortization of deferred debt issuance costs	51			—			51
Stock-based compensation	2,057			—			2,057
Deferred income tax benefit	229			547			776
Loss on disposal of property, plant and equipment	21			—			21
Change in:
Accounts receivable, net	(5,193		)	—			(5,193		)
Inventory, net	1,960			—			1,960
Prepaid expenses and other	(545		)	—			(545		)
Accounts payable	3,105			—			3,105
Customer advances	3,434			—			3,434
Accrued expenses and other liabilities	409			(65		)	344
Net cash flows provided by continuing operations	14,745			—			14,745
Net cash flows provided by discontinued operations	680			—			680
Net cash provided by operating activities	15,425			—			15,425
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(9,301		)	—			(9,301		)
Change in other non-current assets	192			—			192
Net cash flows used in continuing operations	(9,109		)	—			(9,109		)
Net cash flows used in discontinued operations	(425		)	—			(425		)
Net cash used in investing activities	(9,534		)	—			(9,534		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(9,811		)	—			(9,811		)
Payment on loans with former owners of LRI	(32		)	—			(32		)
Payment on capital lease obligations	(25		)	—			(25		)
Payment of dividends	(1,088		)	—			(1,088		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(836		)	—			(836		)
Net cash used in financing activities	(11,629		)	—			(11,629		)
EFFECTS OF EXCHANGE RATES ON CASH	(112		)	—			(112		)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(5,850		)	—			(5,850		)
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	2,368		$	—		$	2,368
	Nine months ended September 30, 2013
	As Reported			Adjustments			Restated
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	7,308		$	(860	)	$	6,448
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	(473		)	—			(473		)
Depreciation (including capital lease amortization)	4,004			—			4,004
Amortization of purchased intangible assets	4,734			—			4,734
Amortization of deferred debt issuance costs	76			—			76
Stock-based compensation	2,685			—			2,685
Deferred income tax benefit	(126		)	1,018			892
Loss on disposal of property, plant and equipment	5			—			5
Change in:
Accounts receivable, net	4,868			—			4,868
Inventory, net	6,588			—			6,588
Prepaid expenses and other	1,031			—			1,031
Accounts payable	(2,208		)	—			(2,208		)
Customer advances	21			—			21
Accrued expenses and other liabilities	1,303			(158		)	1,145
Net cash flows provided by continuing operations	29,816			—			29,816
Net cash flows provided by discontinued operations	655			—			655
Net cash provided by operating activities	30,471			—			30,471
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	(13,426		)	—			(13,426		)
Change in other non-current assets	209			—			209
Net cash flows used in continuing operations	(13,217		)	—			(13,217		)
Net cash flows used in discontinued operations	(604		)	—			(604		)
Net cash used in investing activities	(13,821		)	—			(13,821		)
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	(13,252		)	—			(13,252		)
Payment on loans with former owners of LRI	(47		)	—			(47		)
Payment on capital lease obligations	(39		)	—			(39		)
Payment of dividends	(1,637		)	—			(1,637		)
Net proceeds from issuance of common stock to employees and directors	163			—			163
Excess tax benefit from stock-based compensation	(895		)	—			(895		)
Net cash used in financing activities	(15,707		)	—			(15,707		)
EFFECTS OF EXCHANGE RATES ON CASH	172			—			172
NET INCREASE IN CASH AND CASH EQUIVALENTS	1,115			—			1,115
CASH AND CASH EQUIVALENTS, beginning of the period	8,218			—			8,218
CASH AND CASH EQUIVALENTS, end of the period	$	9,333		$	—		$	9,333

ORGANIZATION_AND_BUSINESS_Deta

ORGANIZATION AND BUSINESS (Details)	12 Months Ended
	Dec. 31, 2014
	Segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of business segments in which the entity currently operates	2

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES - Inventory (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
In Thousands, unless otherwise specified
Accounting Policies [Abstract]
Raw materials	$15,208				$13,119
Work-in-process	11,528				9,985
Finished goods	12,782				17,273
Supplies	583				814
Inventory, net	$40,101	$42,126	$45,887	$43,052	$41,191	$41,384	$45,190	$46,491

SIGNIFICANT_ACCOUNTING_POLICIE4

SIGNIFICANT ACCOUNTING POLICIES - Property, Plant and Equipment (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Property, Plant and Equipment
Property, plant and equipment	109,733	$100,305	$102,564	$100,208	$98,573	$95,717	$90,651	$85,896
Land [Member]
Property, Plant and Equipment
Property, plant and equipment	3,344				2,693
Buildings and improvements [Member]
Property, Plant and Equipment
Property, plant and equipment	39,489				31,774
Buildings and improvements [Member] | Minimum [Member]
Property, Plant and Equipment
Estimated useful life	15 years
Buildings and improvements [Member] | Maximum [Member]
Property, Plant and Equipment
Estimated useful life	30 years
Manufacturing equipment and tooling [Member]
Property, Plant and Equipment
Property, plant and equipment	40,433				37,844
Manufacturing equipment and tooling [Member] | Minimum [Member]
Property, Plant and Equipment
Estimated useful life	3 years
Manufacturing equipment and tooling [Member] | Maximum [Member]
Property, Plant and Equipment
Estimated useful life	15 years
Furniture, fixtures and computer equipment [Member]
Property, Plant and Equipment
Property, plant and equipment	14,813				14,079
Furniture, fixtures and computer equipment [Member] | Minimum [Member]
Property, Plant and Equipment
Estimated useful life	3 years
Furniture, fixtures and computer equipment [Member] | Maximum [Member]
Property, Plant and Equipment
Estimated useful life	10 years
Other [Member]
Property, Plant and Equipment
Property, plant and equipment	3,425				4,909
Other [Member] | Minimum [Member]
Property, Plant and Equipment
Estimated useful life	3 years
Other [Member] | Maximum [Member]
Property, Plant and Equipment
Estimated useful life	10 years
Construction in process [Member]
Property, Plant and Equipment
Property, plant and equipment	8,229				$7,274

SIGNIFICANT_ACCOUNTING_POLICIE5

SIGNIFICANT ACCOUNTING POLICIES - Goodwill (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Changes to the carrying amount of goodwill
Goodwill balance	$37,970	$37,431	$34,382	$37,161	$37,689	$37,553	$36,447	$36,125
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-865	-951
Adjustment due to exchange rate differences	-4,343	1,490
Goodwill balance	32,762	37,970	34,382	37,161	37,689	37,553	36,447	36,125
NobelClad [Member]
Changes to the carrying amount of goodwill
Goodwill balance	22,238	21,734
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-318	-353
Adjustment due to exchange rate differences	-2,502	857
Goodwill balance	19,418	22,238
DynaEnergetics [Member]
Changes to the carrying amount of goodwill
Goodwill balance	15,732	15,697
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-547	-598
Adjustment due to exchange rate differences	-1,841	633
Goodwill balance	$13,344	$15,732

SIGNIFICANT_ACCOUNTING_POLICIE6

SIGNIFICANT ACCOUNTING POLICIES - Purchased Intangible Assets (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
Purchased intangible assets
Weighted average amortization period	12 years
Gross	$63,078				$71,170
Accumulated Amortization	-36,344				-34,712
Net	26,734	29,403	32,939	34,597	36,458	37,646	38,121	39,428
Expected future amortization of intangible assets
2015	4,285
2016	4,285
2017	4,263
2018	3,026
2019	1,692
Thereafter	9,183
Net	26,734	29,403	32,939	34,597	36,458	37,646	38,121	39,428
Core technology [Member]
Purchased intangible assets
Weighted average amortization period	20 years
Gross	20,667				23,391
Accumulated Amortization	-7,360				-7,155
Net	13,307				16,236
Expected future amortization of intangible assets
Net	13,307				16,236
Customer relationships [Member]
Purchased intangible assets
Weighted average amortization period	9 years
Gross	40,195				45,269
Accumulated Amortization	-27,270				-25,813
Net	12,925				19,456
Expected future amortization of intangible assets
Net	12,925				19,456
Trademarks / Trade names [Member]
Purchased intangible assets
Weighted average amortization period	9 years
Gross	2,216				2,510
Accumulated Amortization	-1,714				-1,744
Net	502				766
Expected future amortization of intangible assets
Net	$502				$766

SIGNIFICANT_ACCOUNTING_POLICIE7

SIGNIFICANT ACCOUNTING POLICIES - Computation and Reconciliation of Earnings Per Common Share (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Numerator:
Income from continuing operations, net of non-controlling interest												$1,926	$5,981	$9,834
Less income allocated to RSAs												-52	-102	-193
Income from continuing operations allocated to common stock for EPS calculation												1,874	5,879	9,641
Income from discontinued operations				6								641	478	943
Net income allocated to common stock for EPS calculation												$2,515	$6,357	$10,584
Denominator:
Weighted average common shares outstanding - basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880	13,687,485	13,533,566	13,264,636
Dilutive stock-based compensation plans (in shares)												2,222	3,959	4,077
Weighted average common shares outstanding - diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973	13,689,707	13,537,525	13,268,713
Income per share - Basic:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13	$0.44	$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05	$0.03	$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18	$0.47	$0.80
Income per share - Diluted:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13	$0.44	$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05	$0.03	$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18	$0.47	$0.80

SIGNIFICANT_ACCOUNTING_POLICIE8

SIGNIFICANT ACCOUNTING POLICIES - Narrative (Details) (USD $)	12 Months Ended			0 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 21, 2011	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2011
Inventories [Abstract]
Increase in inventory reserves	$1,146
Increase in inventory reserves, expense recognized	1,287
Inventory valuation reserves	3,117	1,729
Asset Impairments [Abstract]
Impairment loss			0
Purchased Intangible Assets [Abstract]
Weighted average amortization period	12 years
Other Assets [Abstract]
Net deferred debt issuance costs	203	305
Customer Advances [Abstract]
Customer advances	3,510	1,019			2,364	2,617	2,996	1,387	4,758	1,378
Research and Development [Abstract]
Research and development costs	3,099	2,199	2,075
Syndicated credit agreement [Member]
Other Assets [Abstract]
Net deferred debt issuance costs											435
Term				5 years
Prior syndicated credit agreement [Member]
Other Assets [Abstract]
Net deferred debt issuance costs											95
DynaEnergetics [Member]
Inventories [Abstract]
Increase in inventory reserves		1,800
Increase in inventory reserves, net of tax		1,218
Increase in inventory reserves, increase (decrease) on basic earnings per share		($0.09)
Increase in inventory reserves, increase (decrease) on diluted earnings per share		($0.09)
Restructuring expenses [Member] | NobelClad [Member]
Asset Impairments [Abstract]
Impairment loss	3,946
General and administrative expenses [Member] | DynaEnergetics [Member]
Asset Impairments [Abstract]
Impairment loss		$756

RESTATEMENT_OF_PREVIOUSLYISSUE2

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Narrative (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Restatement, increase (decrease) in income from continuing operations	($1,036)	($919)
Restatement, cumulative increase (decrease) in shareholders' equity			$2,000

RESTATEMENT_OF_PREVIOUSLYISSUE3

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Consolidated Balance Sheet (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
CURRENT ASSETS:
Cash and cash equivalents	$9,400	$14,932	$8,643	$9,131	$10,598	$9,333	$2,368	$8,246	$8,218	$5,318
Accounts receivable, net of allowance for doubtful accounts of $419	35,501	30,923	38,409	35,973	37,785	30,394	39,959	31,948
Inventory, net	40,101	42,126	45,887	43,052	41,191	41,384	45,190	46,491
Prepaid expenses and other	6,123	6,783	7,120	6,044	4,277	3,888	5,415	5,867
Current deferred tax assets	3,971	5,599	2,548	2,440	3,456	2,515	1,946	1,589
Assets held for sale	0	6,011	6,155	6,276	6,299	6,610	6,206	5,402
Total current assets	95,096	106,374	108,762	102,916	103,606	94,124	101,084	99,543
PROPERTY, PLANT AND EQUIPMENT	109,733	100,305	102,564	100,208	98,573	95,717	90,651	85,896
Less - accumulated depreciation	-45,898	-42,423	-42,018	-40,732	-38,358	-36,469	-35,010	-33,661
Property, plant and equipment, net	63,835	57,882	60,546	59,476	60,215	59,248	55,641	52,235
GOODWILL, net	32,762	34,382	37,161	37,689	37,970	37,553	36,447	36,125	37,431
PURCHASED INTANGIBLE ASSETS, net	26,734	29,403	32,939	34,597	36,458	37,646	38,121	39,428
DEFERRED TAX ASSETS	587	430	516	596	403	158	319	922
OTHER ASSETS, net	315	1,236	1,868	1,711	1,893	499	505	529
TOTAL ASSETS	219,329	229,707	241,792	236,985	240,545	229,228	232,117	228,782
CURRENT LIABILITIES:
Accounts payable	14,076	9,104	9,689	13,438	14,567	9,020	14,111	10,362
Accrued expenses	5,638	3,245	3,671	4,315	3,927	4,222	4,657	4,453
Dividend payable	559	559	559	557	550	550	549	547
Accrued income taxes	3,770	2,972	2,317	1,932	2,657	1,237	911	300
Accrued employee compensation and benefits	4,582	4,667	4,119	3,140	4,552	5,346	4,338	3,778
Customer advances	3,510	2,364	2,617	2,996	1,019	1,387	4,758	1,378
Current debt obligations	0	4	20	516	2,907	65	63	64
Current portion of capital lease obligations		5	5	10		33	45	50
Current deferred tax liabilities	373	435	417	404	435	274	155	155
Liabilities related to assets held for sale	0	721	742	758	826	765	820	543
Total current liabilities	32,508	24,076	24,156	28,066	31,440	22,899	30,407	21,630
LINES OF CREDIT	22,782	26,000	31,800	26,900	26,400	25,550	28,843	38,256
DEFERRED TAX LIABILITIES	7,003	9,507	7,740	7,724	7,795	7,842	7,404	7,323
OTHER LONG-TERM LIABILITIES	2,121	1,988	2,058	2,018	1,881	1,755	1,668	1,582
Total liabilities	64,414	61,575	65,760	64,715	67,516	58,051	68,342	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	0	0	0	0	0	0	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding	700	699	699	698	689	688	688	684
Additional paid-in capital	67,088	65,914	64,950	63,690	62,934	62,099	61,530	60,682
Retained earnings	113,723	117,857	116,077	114,320	113,390	113,837	111,204	108,688
Other cumulative comprehensive loss	-26,596	-16,338	-5,694	-6,438	-3,984	-5,627	-9,772	-10,215
Total stockholders’ equity	154,915	168,132	176,032	172,270	173,029	170,997	163,650	159,839
Non-controlling interest		0	0	0		180	125	109
Total stockholders’ equity	154,915	168,132	176,032	172,270	173,029	171,177	163,775	159,948	163,447	148,043
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	219,329	229,707	241,792	236,985	240,545	229,228	232,117	228,782
As Reported
CURRENT ASSETS:
Cash and cash equivalents		14,932	8,643	9,131	10,598	9,333	2,368	8,246	8,218	5,318
Accounts receivable, net of allowance for doubtful accounts of $419		30,923	38,409	35,973	37,785	30,394	39,959	31,948
Inventory, net		41,846	45,887	43,106	41,191	41,384	45,190	46,491
Prepaid expenses and other		7,161	7,218	6,142	4,375	3,977	5,504	5,956
Current deferred tax assets		5,583	2,532	2,424	3,440	2,513	1,944	1,587
Assets held for sale		6,011	6,155	6,276	6,299	6,610	6,206	5,402
Total current assets		106,456	108,844	103,052	103,688	94,211	101,171	99,630
PROPERTY, PLANT AND EQUIPMENT		100,305	102,564	100,208	98,573	95,717	90,651	85,896
Less - accumulated depreciation		-42,625	-42,220	-40,934	-38,358	-36,469	-35,010	-33,661
Property, plant and equipment, net		57,680	60,344	59,274	60,215	59,248	55,641	52,235
GOODWILL, net		34,382	37,161	37,689	37,970	37,553	36,447	36,125
PURCHASED INTANGIBLE ASSETS, net		29,403	32,939	34,597	36,458	37,646	38,121	39,428
DEFERRED TAX ASSETS		439	792	552	388	397	458	1,060
OTHER ASSETS, net		1,236	1,868	1,711	1,893	499	505	529
TOTAL ASSETS		229,596	241,948	236,875	240,612	229,554	232,343	229,007
CURRENT LIABILITIES:
Accounts payable		9,104	9,689	13,438	14,567	9,020	14,111	10,362
Accrued expenses		3,245	3,671	4,315	3,927	4,222	4,657	4,453
Dividend payable		559	559	557	550	550	549	547
Accrued income taxes		3,030	2,471	2,034	2,811	1,325	906	295
Accrued employee compensation and benefits		4,667	4,119	3,140	4,552	5,346	4,338	3,778
Customer advances		2,364	2,617	2,996	1,019	1,387	4,758	1,378
Current debt obligations		4	20	516	2,907	65	63	64
Current portion of capital lease obligations		5	5	10		33	45	50
Current deferred tax liabilities		435	417	404	435	274	155	155
Liabilities related to assets held for sale		721	742	758	826	765	820	543
Total current liabilities		24,134	24,310	28,168	31,594	22,987	30,402	21,625
LINES OF CREDIT		26,000	31,800	26,900	26,400	25,550	28,843	38,256
DEFERRED TAX LIABILITIES		8,641	7,186	7,566	7,945	8,084	8,050	8,344
OTHER LONG-TERM LIABILITIES		1,958	2,000	1,930	1,881	1,755	1,668	1,582
Total liabilities		60,737	65,302	64,571	67,820	58,381	68,983	69,850
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares		0	0	0	0	0	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding		699	699	698	689	688	688	684
Additional paid-in capital		65,836	64,861	63,589	62,934	62,099	61,530	60,682
Retained earnings		118,745	116,808	114,480	113,399	113,670	110,659	107,769
Other cumulative comprehensive loss		-16,421	-5,722	-6,463	-4,230	-5,464	-9,642	-10,087
Total stockholders’ equity		168,859	176,646	172,304		170,993	163,235	159,048
Non-controlling interest		0	0	0		180	125	109
Total stockholders’ equity		168,859	176,646	172,304	172,792	171,173	163,360	159,157
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		229,596	241,948	236,875	240,612	229,554	232,343	229,007
Adjustments
CURRENT ASSETS:
Cash and cash equivalents		0	0	0	0	0	0	0	0	0
Accounts receivable, net of allowance for doubtful accounts of $419		0	0	0	0	0	0	0
Inventory, net		280	0	-54	0	0	0	0
Prepaid expenses and other		-378	-98	-98	-98	-89	-89	-89
Current deferred tax assets		16	16	16	16	2	2	2
Assets held for sale		0	0	0	0	0	0	0
Total current assets		-82	-82	-136	-82	-87	-87	-87
PROPERTY, PLANT AND EQUIPMENT		0	0	0	0	0	0	0
Less - accumulated depreciation		202	202	202	0	0	0	0
Property, plant and equipment, net		202	202	202	0	0	0	0
GOODWILL, net		0	0	0	0	0	0	0
PURCHASED INTANGIBLE ASSETS, net		0	0	0	0	0	0	0
DEFERRED TAX ASSETS		-9	-276	44	15	-239	-139	-138
OTHER ASSETS, net		0	0	0	0	0	0	0
TOTAL ASSETS		111	-156	110	-67	-326	-226	-225
CURRENT LIABILITIES:
Accounts payable		0	0	0	0	0	0	0
Accrued expenses		0	0	0	0	0	0	0
Dividend payable		0	0	0	0	0	0	0
Accrued income taxes		-58	-154	-102	-154	-88	5	5
Accrued employee compensation and benefits		0	0	0	0	0	0	0
Customer advances		0	0	0	0	0	0	0
Current debt obligations		0	0	0	0	0	0	0
Current portion of capital lease obligations		0	0	0		0	0	0
Current deferred tax liabilities		0	0	0	0	0	0	0
Liabilities related to assets held for sale		0	0	0	0	0	0	0
Total current liabilities		-58	-154	-102	-154	-88	5	5
LINES OF CREDIT		0	0	0	0	0	0	0
DEFERRED TAX LIABILITIES		866	554	158	-150	-242	-646	-1,021
OTHER LONG-TERM LIABILITIES		30	58	88	0	0	0	0
Total liabilities		838	458	144	-304	-330	-641	-1,016
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares		0	0	0	0	0	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 13,772,324 shares issued and outstanding		0	0	0	0	0	0	0
Additional paid-in capital		78	89	101	0	0	0	0
Retained earnings		-888	-731	-160	-9	167	545	919
Other cumulative comprehensive loss		83	28	25	246	-163	-130	-128
Total stockholders’ equity		-727	-614	-34		4	415	791
Non-controlling interest		0	0	0		0	0	0
Total stockholders’ equity		-727	-614	-34	237	4	415	791
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$111	($156)	$110	($67)	($326)	($226)	($225)

RESTATEMENT_OF_PREVIOUSLYISSUE4

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Consolidated Balance Sheets (Parenthetical) (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
In Thousands, except Share data, unless otherwise specified
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounts receivable, allowance for doubtful accounts	$542	$599	$504	$459	$419	$340	$471	$440
Preferred stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Preferred stock, shares authorized	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000
Preferred stock, shares issued	0	0	0	0	0	0	0	0
Preferred stock, shares outstanding	0	0	0	0	0	0	0	0
Common stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Common stock, shares authorized	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000
Common stock, shares issued	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307
Common stock, shares outstanding	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307

RESTATEMENT_OF_PREVIOUSLYISSUE5

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Consolidated Statements of Operations (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended						3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2014
NET SALES	$51,886	$51,911	$46,769	$49,339	$52,331	$55,554	$44,836	$98,680	$100,390	$150,566	$152,720	$202,561		$202,060		$192,737
COST OF PRODUCTS SOLD	36,803	36,013	32,055	36,495	36,229	39,155	32,047	68,067	71,203	104,871	107,431	141,142		143,926		135,085
Gross profit	15,083	15,898	14,714	12,844	16,102	16,399	12,789	30,613	29,187	45,695	45,289	61,419		58,134		57,652
COSTS AND EXPENSES:
General and administrative expenses	5,463	5,771	5,792	5,980	5,672	5,006	8,014	11,564	13,019	17,027	18,694	23,766		24,672		18,489
Selling and distribution expenses	4,639	4,733	4,223	4,138	3,658	4,310	4,030	8,956	8,340	13,596	11,997	18,104		16,136		16,954
Amortization of purchased intangible assets	1,575	1,617	1,616	1,614	1,581	1,568	1,585	3,232	3,153	4,808	4,734	6,103		6,348		6,210
Total costs and expenses	11,677	12,121	11,631	11,732	10,911	10,884	13,629	23,752	24,512	35,431	35,425	54,754		47,156		41,653
INCOME FROM OPERATIONS	3,406	3,777	3,083	1,112	5,191	5,515	-840	6,861	4,675	10,264	9,864	6,665		10,978		15,999
OTHER INCOME (EXPENSE):
Other income (expense), net	472	332	-435	-157	-247	-420	296	-103	-124	369	-371	-313		-528		-32
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484	-551		-648		-832
Interest income	1	1	5	2	1	1	3	5	4	6	5	38		7		13
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,742	3,936	2,544	793	4,816	4,913	-713	6,480	4,200	10,219	9,014	5,839		9,809		15,148
INCOME TAX PROVISION	1,420	1,839	741	698	1,838	2,141	-941	2,580	1,201	4,000	3,039	3,913		3,736		5,316
INCOME FROM CONTINUING OPERATIONS	2,322	2,097	1,803	95	2,978	2,772	228	3,900	2,999	6,219	5,975	1,926		6,073		9,832
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473	-77		478		943
NET INCOME	2,342	2,316	1,487	101	3,233	3,082	135	3,803	3,216	6,142	6,448	2,567	[1]	6,551	[1]	10,775	[1]
Less: Net income (loss) attributable to non-controlling interest	0	0	0		49	15	28	0	43	0	92	0		92		-2
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	2,342	2,316	1,487		3,184	3,067	107	3,803	3,173	6,142	6,356	2,567		6,459		10,777
INCOME PER SHARE - BASIC:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
INCOME PER SHARE - DILUTED:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880	13,687,485		13,533,566		13,264,636
Diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973	13,689,707		13,537,525		13,268,713
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.08	$0.08	$0.12	$0.12	$0.16		$0.16		$0.16
As Reported
NET SALES	51,886	51,911	46,769	49,339	52,331	55,554	44,836	98,680	100,390	150,566	152,720			202,060		192,737		51,995
COST OF PRODUCTS SOLD	36,803	36,067	32,203	36,495	36,229	39,155	32,047	68,269	71,203	105,073	107,431			143,926		135,085		36,271
Gross profit	15,083	15,844	14,566	12,844	16,102	16,399	12,789	30,411	29,187	45,493	45,289			58,134		57,652		15,724
COSTS AND EXPENSES:
General and administrative expenses	5,503	5,813	5,542	5,980	5,672	5,006	8,014	11,356	13,019	16,858	18,694			24,672		18,489		6,740
Selling and distribution expenses	4,639	4,733	4,223	4,138	3,658	4,310	4,030	8,956	8,340	13,596	11,997			16,136		16,954		4,509
Amortization of purchased intangible assets	1,575	1,617	1,616	1,614	1,581	1,568	1,585	3,232	3,153	4,808	4,734			6,348		6,210		1,295
Total costs and expenses	11,717	12,163	11,381	11,732	10,911	10,884	13,629	23,544	24,512	35,262	35,425			47,156		41,653		19,325
INCOME FROM OPERATIONS	3,366	3,681	3,185	1,112	5,191	5,515	-840	6,867	4,675	10,231	9,864			10,978		15,999		-3,601
OTHER INCOME (EXPENSE):
Other income (expense), net	472	332	-435	-157	-247	-420	296	-103	-124	369	-371			-528		-32		-682
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484			-648		-832		-132
Interest income	1	1	5	2	1	1	3	5	4	6	5			7		13		32
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702	3,840	2,646	793	4,816	4,913	-713	6,486	4,200	10,186	9,014			9,809		15,148		-4,383
INCOME TAX PROVISION	1,224	1,172	692	522	1,460	1,768	-1,049	1,864	719	3,088	2,179			2,700		4,397		-87
INCOME FROM CONTINUING OPERATIONS	2,478	2,668	1,954	271	3,356	3,145	336	4,622	3,481	7,098	6,835			7,109		10,751		-4,296
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473			478		943		0
NET INCOME	2,498	2,887	1,638	277	3,611	3,455	243	4,525	3,698	7,021	7,308			7,587		11,694		-3,578
Less: Net income (loss) attributable to non-controlling interest	0	0	0		49	15	28	0	43	0	92			92		-2
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	2,498	2,887	1,638		3,562	3,440	215	4,525	3,655	7,021	7,216			7,495		11,696
INCOME PER SHARE - BASIC:
Continuing operations (in dollars per share)	$0.18	$0.19	$0.14	$0.02	$0.24	$0.23	$0.03	$0.33	$0.25	$0.51	$0.49			$0.52		$0.80		($0.32)
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03			$0.03		$0.07		$0.05
Net income (in dollars per share)	$0.18	$0.21	$0.12	$0.02	$0.26	$0.25	$0.02	$0.32	$0.27	$0.50	$0.52			$0.55		$0.87		($0.27)
INCOME PER SHARE - DILUTED:
Continuing operations (in dollars per share)	$0.18	$0.19	$0.14	$0.02	$0.24	$0.23	$0.03	$0.33	$0.25	$0.51	$0.49			$0.51		$0.80		($0.32)
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03			$0.03		$0.07		$0.05
Net income (in dollars per share)	$0.18	$0.21	$0.12	$0.02	$0.26	$0.25	$0.02	$0.32	$0.27	$0.50	$0.52			$0.54		$0.87		($0.27)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880			13,533,566		13,264,636		13,696,399
Diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973			13,537,525		13,268,713		13,697,821
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.08	$0.08	$0.12	$0.12			$0.16		$0.16		$0.04
Adjustments
NET SALES	0	0	0	0	0	0	0	0	0	0	0			0		0
COST OF PRODUCTS SOLD	0	-54	-148	0	0	0	0	-202	0	-202	0			0		0
Gross profit	0	54	148	0	0	0	0	202	0	202	0			0		0
COSTS AND EXPENSES:
General and administrative expenses	-40	-42	250	0	0	0	0	208	0	169	0			0		0
Selling and distribution expenses	0	0	0	0	0	0	0	0	0	0	0			0		0
Amortization of purchased intangible assets	0	0	0	0	0	0	0	0	0	0	0			0		0
Total costs and expenses	-40	-42	250	0	0	0	0	208	0	169	0			0		0
INCOME FROM OPERATIONS	40	96	-102	0	0	0	0	-6	0	33	0			0		0
OTHER INCOME (EXPENSE):
Other income (expense), net	0	0	0	0	0	0	0	0	0	0	0			0		0
Interest expense	0	0	0	0	0	0	0	0	0	0	0			0		0
Interest income	0	0	0	0	0	0	0	0	0	0	0			0		0
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	40	96	-102	0	0	0	0	-6	0	33	0			0		0
INCOME TAX PROVISION	196	667	49	176	378	373	108	716	482	912	860			1,036		919
INCOME FROM CONTINUING OPERATIONS	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	0	0	0	0	0	0	0	0	0	0	0			0		0
NET INCOME	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
Less: Net income (loss) attributable to non-controlling interest	0	0	0		0	0	0	0	0	0	0			0		0
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	($156)	($571)	($151)		($378)	($373)	($108)	($722)	($482)	($879)	($860)			($1,036)		($919)
INCOME PER SHARE - BASIC:
Continuing operations (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.08)		($0.07)
Discontinued operations (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
Net income (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.08)		($0.07)
INCOME PER SHARE - DILUTED:
Continuing operations (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.07)		($0.07)
Discontinued operations (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
Net income (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.07)		($0.07)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	0	0	0	0	0	0	0	0	0	0	0			0		0
Diluted (in shares)	0	0	0	0	0	0	0	0	0	0	0			0		0
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
[1]	Restated

RESTATEMENT_OF_PREVIOUSLYISSUE6

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Consolidated Statements of Comprehensive Income (Loss) (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended						3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2014
Net income including non-controlling interest	$2,342	$2,316	$1,487	$101	$3,233	$3,082	$135	$3,803	$3,216	$6,142	$6,448	$2,567	[1]	$6,551	[1]	$10,775	[1]
Change in cumulative foreign currency translation adjustment	-10,647	744	-2,454		4,150	443	-3,619	-1,710	-3,175	-12,354	976	-22,612	[1]	2,619	[1]	2,606	[1]
Total comprehensive income (loss)	-8,305	3,060	-967		7,383	3,525	-3,484	2,093	41	-6,212	7,424	-20,045		9,170		13,381
Comprehensive income attributable to non-controlling interest	0	0	0		55	16	25	0	41	0	96	0		96		1
Comprehensive income (loss) attributable to Dynamic Materials Corporation	-8,305	3,060	-967		7,328	3,509	-3,509	2,093	0	-6,212	7,328	-20,045		9,074		13,380
As Reported
Net income including non-controlling interest	2,498	2,887	1,638	277	3,611	3,455	243	4,525	3,698	7,021	7,308			7,587		11,694		-3,578
Change in cumulative foreign currency translation adjustment	-10,701	741	-2,233		4,183	446	-3,627	-1,492	-3,181	-12,191	1,003			2,237		2,796
Total comprehensive income (loss)	-8,203	3,628	-595		7,794	3,901	-3,384	3,033	517	-5,170	8,311			9,824		14,490
Comprehensive income attributable to non-controlling interest	0	0	0		55	16	25	0	41	0	96			96		1
Comprehensive income (loss) attributable to Dynamic Materials Corporation	-8,203	3,628	-595		7,739	3,885	-3,409	3,033	476	-5,170	8,215			9,728		14,489
Adjustments
Net income including non-controlling interest	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
Change in cumulative foreign currency translation adjustment	54	3	-221		-33	-3	8	-218	6	-163	-27			382		-190
Total comprehensive income (loss)	-102	-568	-372		-411	-376	-100	-940	-476	-1,042	-887			-654		-1,109
Comprehensive income attributable to non-controlling interest	0	0	0		0	0	0	0	0	0	0			0		0
Comprehensive income (loss) attributable to Dynamic Materials Corporation	($102)	($568)	($372)		($411)	($376)	($100)	($940)	($476)	($1,042)	($887)			($654)		($1,109)
[1]	Restated

RESTATEMENT_OF_PREVIOUSLYISSUE7

RESTATEMENT OF PREVIOUSLY-ISSUED FINANCIAL STATEMENTS - Consolidated Statements of Cash Flows (Details) (USD $)	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	$1,487	$135	$3,803	$3,216	$6,142	$6,448	$2,567	[1]	$6,551	[1]	$10,775	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	316	93	97	-217	77	-473	77		-478		-943
Depreciation (including capital lease amortization)	1,624	1,272	3,379	2,583	5,204	4,004	7,051		5,920		5,018
Amortization of purchased intangible assets	1,616	1,585	3,232	3,153	4,808	4,734	6,103		6,348		6,210
Amortization of deferred debt issuance costs	25	25	51	51	76	76	102		102		124
Stock-based compensation	717	1,422	1,741	2,057	2,704	2,685	3,588		3,401		4,443
Deferred income tax benefit	670	303	848	776	255	892	-255		-521		-470
Loss on disposal of property, plant and equipment		21	5	21	6	5	12		50		0
Restructuring and impairment charges							6,781		756		0
Change in:
Accounts receivable, net	1,570	2,784	-858	-5,193	5,342	4,868	-427		-2,185		717
Inventory, net	-2,459	619	-5,000	1,960	-2,732	6,588	-3,459		6,750		-2,380
Prepaid expenses and other	-1,867	-952	-2,873	-545	-3,413	1,031	-3,004		89		551
Accounts payable	-1,051	-596	-4,778	3,105	-5,084	-2,208	-932		2,228		-3,616
Customer advances	1,980	55	1,613	3,434	1,445	21	2,782		-360		-556
Accrued expenses and other liabilities	-1,151	-981	-586	344	810	1,145	3,267		1,588		-409
Net cash flows provided by continuing operations	3,477	5,785	674	14,745	15,640	29,816	23,074		30,239		19,464
Net cash flows provided by discontinued operations	-298	559	48	680	239	655	239		1,777		1,092
Net cash provided by operating activities	3,179	6,344	722	15,425	15,879	30,471	23,313		32,016		20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-1,994	-4,366	-4,123	-9,301	-6,472	-13,426	-21,403		-16,223		-15,133
Acquisition of TRX Industries							0		0		-10,294
Acquisition of minority interest							0		-180		0
Change in other non-current assets	32	45	-59	192	373	209	1,310		-489		-224
Net cash flows used in continuing operations	-1,962	-4,321	-4,182	-9,109	-6,099	-13,217	-13,263		-16,892		-25,651
Net cash flows used in discontinued operations	-63	-87	-85	-425	-120	-604	-120		-1,348		-514
Net cash used in investing activities	-2,025	-4,408	-4,267	-9,534	-6,219	-13,821	-13,383		-18,240		-26,165
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	-1,863	-202	2,555	-9,811	-3,213	-13,252	-6,069		-9,592		12,174
Payment on loans with former owners of LRI	-15	-16	-31	-32	-47	-47	-50		-63		-1,176
Payment on capital lease obligations	-15	-13	-22	-25	-23	-39	-24		-40		-66
Payment of dividends	-550	-540	-1,108	-1,088	-1,667	-1,637	-2,226		-2,187		-2,155
Other							359		295		-260
Net cash provided by (used in) financing activities	-2,395	-1,661	1,679	-11,629	-4,664	-15,707	-7,854		-11,587		8,517
EFFECTS OF EXCHANGE RATES ON CASH	-226	-247	-89	-112	-662	172	-3,274		191		-8
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,467	28	-1,955	-5,850	4,334	1,115	-1,198		2,380		2,900
CASH AND CASH EQUIVALENTS, beginning of the period	10,598	8,218	10,598	8,218	10,598	8,218	10,598		8,218		5,318
CASH AND CASH EQUIVALENTS, end of the period	9,131	8,246	8,643	2,368	14,932	9,333	9,400		10,598		8,218
As Reported
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	1,638	243	4,525	3,698	7,021	7,308			7,587		11,694
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	316	93	97	-217	77	-473			-478		-943
Depreciation (including capital lease amortization)	1,826	1,272	3,581	2,583	5,406	4,004			5,920		5,018
Amortization of purchased intangible assets	1,616	1,585	3,232	3,153	4,808	4,734			6,348		6,210
Amortization of deferred debt issuance costs	25	25	51	51	76	76			102		124
Stock-based compensation	555	1,422	1,591	2,057	2,565	2,685			3,401		4,443
Deferred income tax benefit	612	130	72	229	-608	-126			-1,666		-1,159
Loss on disposal of property, plant and equipment		21	5	21	6	5			50
Restructuring and impairment charges									756
Change in:
Accounts receivable, net	1,570	2,784	-858	-5,193	5,342	4,868			-2,185		717
Inventory, net	-2,513	619	-5,000	1,960	-3,012	6,588			6,750		-2,380
Prepaid expenses and other	-1,867	-952	-2,873	-545	-3,146	1,031			79		463
Accounts payable	-1,051	-596	-4,778	3,105	-5,084	-2,208			2,228		-3,616
Customer advances	1,980	55	1,613	3,434	1,445	21			-360		-556
Accrued expenses and other liabilities	-1,291	-916	-645	409	683	1,303			1,707		-551
Net cash flows provided by continuing operations	3,416	5,785	613	14,745	15,579	29,816			30,239		19,464
Net cash flows provided by discontinued operations	-298	559	48	680	239	655			1,777		1,092
Net cash provided by operating activities	3,118	6,344	661	15,425	15,818	30,471			32,016		20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-1,994	-4,366	-4,123	-9,301	-6,472	-13,426			-16,223		-15,133
Acquisition of TRX Industries											-10,294
Acquisition of minority interest									-180
Change in other non-current assets	32	45	-59	192	373	209			-489		-224
Net cash flows used in continuing operations	-1,962	-4,321	-4,182	-9,109	-6,099	-13,217			-16,892		-25,651
Net cash flows used in discontinued operations	-63	-87	-85	-425	-120	-604			-1,348		-514
Net cash used in investing activities	-2,025	-4,408	-4,267	-9,534	-6,219	-13,821			-18,240		-26,165
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	-1,863	-202	2,555	-9,811	-3,213	-13,252			-9,592		12,174
Payment on loans with former owners of LRI	-15	-16	-31	-32	-47	-47			-63		-1,176
Payment on capital lease obligations	-15	-13	-22	-25	-23	-39			-40		-66
Payment of dividends	-550	-540	-1,108	-1,088	-1,667	-1,637			-2,187		-2,155
Other									295		-260
Net cash provided by (used in) financing activities	-2,334	-1,661	1,740	-11,629	-4,603	-15,707			-11,587		8,517
EFFECTS OF EXCHANGE RATES ON CASH	-226	-247	-89	-112	-662	172			191		-8
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,467	28	-1,955	-5,850	4,334	1,115			2,380		2,900
CASH AND CASH EQUIVALENTS, beginning of the period	10,598	8,218	10,598	8,218	10,598	8,218	10,598		8,218		5,318
CASH AND CASH EQUIVALENTS, end of the period	9,131	8,246	8,643	2,368	14,932	9,333			10,598		8,218
Adjustments
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	-151	-108	-722	-482	-879	-860			-1,036		-919
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	0	0	0	0	0	0			0		0
Depreciation (including capital lease amortization)	-202	0	-202	0	-202	0			0		0
Amortization of purchased intangible assets	0	0	0	0	0	0			0		0
Amortization of deferred debt issuance costs	0	0	0	0	0	0			0		0
Stock-based compensation	162	0	150	0	139	0			0		0
Deferred income tax benefit	58	173	776	547	863	1,018			1,145		689
Loss on disposal of property, plant and equipment		0	0	0	0	0			0
Restructuring and impairment charges									0
Change in:
Accounts receivable, net	0	0	0	0	0	0			0		0
Inventory, net	54	0	0	0	280	0			0		0
Prepaid expenses and other	0	0	0	0	-267	0			10		88
Accounts payable	0	0	0	0	0	0			0		0
Customer advances	0	0	0	0	0	0			0		0
Accrued expenses and other liabilities	140	-65	59	-65	127	-158			-119		142
Net cash flows provided by continuing operations	61	0	61	0	61	0			0		0
Net cash flows provided by discontinued operations	0	0	0	0	0	0			0		0
Net cash provided by operating activities	61	0	61	0	61	0			0		0
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	0	0	0	0	0	0			0		0
Acquisition of TRX Industries											0
Acquisition of minority interest									0
Change in other non-current assets	0	0	0	0	0	0			0		0
Net cash flows used in continuing operations	0	0	0	0	0	0			0		0
Net cash flows used in discontinued operations	0	0	0	0	0	0			0		0
Net cash used in investing activities	0	0	0	0	0	0			0		0
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	0	0	0	0	0	0			0		0
Payment on loans with former owners of LRI	0	0	0	0	0	0			0		0
Payment on capital lease obligations	0	0	0	0	0	0			0		0
Payment of dividends	0	0	0	0	0	0			0		0
Other									0		0
Net cash provided by (used in) financing activities	-61	0	-61	0	-61	0			0		0
EFFECTS OF EXCHANGE RATES ON CASH	0	0	0	0	0	0			0		0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0	0	0	0	0			0		0
CASH AND CASH EQUIVALENTS, beginning of the period	0	0	0	0	0	0	0		0		0
CASH AND CASH EQUIVALENTS, end of the period	$0	$0	$0	$0	$0	$0			$0		$0
[1]	Restated

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)	12 Months Ended			0 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 03, 2012
Acquisitions [Line Items]
Cash paid for acquisition	$0	$0	$10,294
TRX Industries, Inc. [Member]
Acquisitions [Line Items]
Cash paid for acquisition				10,294
Allocation of the purchase price [Abstract]
Current assets				2,702
Property, plant and equipment				2,227
Intangible assets				5,365
Deferred tax assets				40
Total assets acquired				10,334
Current liabilities				40
Total liabilities assumed				40
Net assets acquired				10,294
TRX Industries, Inc. [Member] | Customer relationships [Member]
Allocation of the purchase price [Abstract]
Intangible assets				$5,365
Amortization period				6 years

DEBT_Schedule_of_Debt_Details

DEBT - Schedule of Debt (Details)

Dec. 31, 2014

Sep. 30, 2014

Jun. 30, 2014

Mar. 31, 2014

Dec. 31, 2013

Sep. 30, 2013

Jun. 30, 2013

Mar. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2013

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Commerzbank line of credit [Member]

Commerzbank line of credit [Member]

Commerzbank line of credit [Member]

Loans with former owners of LRI [Member]

Loans with former owners of LRI [Member]

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

USD ($)

EUR (€)

USD ($)

USD ($)

USD ($)

Lines of credit [Abstract]

Total lines of credit

$22,782,000

$29,256,000

$19,500,000

$26,400,000

$3,282,000

€ 2,700,000

$0

$0

$0

$0

€ 0

$2,856,000

Less current portion

0

-2,856,000

Long-term lines of credit

22,782,000

26,000,000

31,800,000

26,900,000

26,400,000

25,550,000

28,843,000

38,256,000

Long-term debt [Abstract]

Total long-term debt

0

51,000

Less current maturities

0

-51,000

Other long-term debt

$0

$0

$0

$5,000

$20,000

$37,000

$0

$0

DEBT_Narrative_Details

DEBT - Narrative (Details)

Dec. 31, 2014

Dec. 31, 2013

Dec. 21, 2011

Dec. 31, 2014

Dec. 31, 2013

Dec. 21, 2011

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 21, 2011

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 21, 2011

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Dec. 31, 2014

Dec. 31, 2014

Dec. 31, 2013

Feb. 23, 2015

Feb. 23, 2015

USD ($)

USD ($)

Syndicated credit agreement [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, U.S. Dollar revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Euro revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Syndicated credit agreement, Canadian Dollar revolving loan [Member]

Commerzbank line of credit [Member]

Commerzbank line of credit [Member]

Commerzbank line of credit [Member]

Commerzbank line of credit [Member]

Loans with former owners of LRI [Member]

Loans with former owners of LRI [Member]

Subsequent Event [Member]

Subsequent Event [Member]

USD ($)

USD ($)

USD ($)

ABR [Member]

LIBOR [Member]

USD ($)

EUR (€)

USD ($)

EUR (€)

EURIBOR [Member]

USD ($)

CAD

USD ($)

CAD

CDOR [Member]

USD ($)

EUR (€)

USD ($)

EURIBOR [Member]

USD ($)

USD ($)

Line of Credit [Member]

Line of Credit [Member]

Syndicated Credit Facility [Member]

Syndicated Credit Facility [Member]

USD ($)

Debt Instrument [Line Items]

Term

5 years

5 years

Maximum borrowing capacity

$36,000,000

$36,000,000

€ 16,000,000

€ 16,000,000

1,500,000

1,500,000

€ 4,000,000

$150,000,000

Basis spread on variable interest rate

0.00%

1.25%

1.25%

1.50%

Amount outstanding

22,782,000

29,256,000

19,500,000

26,400,000

3,282,000

2,700,000

0

0

0

0

0

2,856,000

Interest rate at end of period

1.42%

1.27%

3.85%

Amount of bank guarantees secured by line of credit

1,220,000

Principal balance

$0

$51,000

STOCK_OWNERSHIP_AND_BENEFIT_PL2

STOCK OWNERSHIP AND BENEFIT PLANS - Schedule of Stock-Based Compensation (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes	$894
Stock-based compensation expense, net of income taxes		2,692	2,411	3,579
Earnings per share impact - Basic:
Continuing operations (in dollars per share)		$0.19	$0.18	$0.27
Discontinued operations (in dollars per share)		$0.01	$0	$0
Net income (in dollars per share)		$0.20	$0.18	$0.27
Earnings per share impact - Diluted:
Continuing operations (in dollars per share)		$0.19	$0.18	$0.27
Discontinued operations (in dollars per share)		$0.01	$0	$0
Net income (in dollars per share)		$0.20	$0.18	$0.27
Continuing Operations [Member]
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes		3,588	3,401	4,443
Income tax benefit		-970	-990	-864
Stock-based compensation expense, net of income taxes		2,618	2,411	3,579
Continuing Operations [Member] | Cost of products sold [Member]
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes		309	304	324
Continuing Operations [Member] | General and administrative expenses [Member]
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes		2,995	2,913	3,018
Continuing Operations [Member] | Selling and distribution expenses [Member]
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes		284	184	1,101
Discontinued Operations [Member]
Stock-based compensation expense [Line Items]
Stock-based compensation expense before income taxes		112	0	0
Income tax benefit		-38	0	0
Stock-based compensation expense, net of income taxes		$74	$0	$0

STOCK_OWNERSHIP_AND_BENEFIT_PL3

STOCK OWNERSHIP AND BENEFIT PLANS - Activity of Nonvested Shares of Restricted Stock and Restricted Stock Units (Details) (USD $)	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Restricted stock [Member]
Shares
Balance at the beginning of the period (in shares)	187,113	242,385	261,829
Granted (in shares)	157,680	163,579	116,900
Vested (in shares)	-81,823	-216,851	-136,344
Forfeited (in shares)	-250	-2,000
Balance at the end of the period (in shares)	262,720	187,113	242,385
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share)	$17.63	$27.75	$30.59
Granted (in dollars per share)	$21.31	$16.37	$20.74
Vested (in dollars per share)	$18.55	$27.95	$27.20
Forfeited (in dollars per share)	$22.05	$22.05
Balance at the end of the period (in dollars per share)	$19.55	$17.63	$27.75
Restricted stock units [Member]
Shares
Balance at the beginning of the period (in shares)	99,345	80,429	53,998
Granted (in shares)	33,895	56,217	50,200
Vested (in shares)	-48,674	-35,001	-20,769
Forfeited (in shares)		-2,300	-3,000
Balance at the end of the period (in shares)	84,566	99,345	80,429
Weighted Average Grant Date Fair Value
Balance at the beginning of the period (in dollars per share)	$17.59	$20.41	$20.43
Granted (in dollars per share)	$21.25	$15.67	$20.44
Vested (in dollars per share)	$18.87	$20.88	$20.43
Forfeited (in dollars per share)		$19.01	$21.15
Balance at the end of the period (in dollars per share)	$18.33	$17.59	$20.41

STOCK_OWNERSHIP_AND_BENEFIT_PL4

STOCK OWNERSHIP AND BENEFIT PLANS - Narrative (Details) (USD $)	3 Months Ended	12 Months Ended			100 Months Ended	0 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014	Mar. 01, 2013
Stock ownership and benefit plans [Line Items]
Number of shares authorized		1,617,500			1,617,500
Number of shares available for future grant		400,279			400,279
Expenses associated with management retirements	$2,965
Stock-based compensation	894
401(k) Plan [Abstract]
Matching employer contributions on first level of qualified compensation (as a percent)		100.00%
Percentage of qualified compensation, first level, matched by employer		3.00%
Matching employer contributions on second level of qualified compensation (as a percent)		50.00%
Percentage of qualified compensation, second level, matched by employer		2.00%
Total DMC contributions		523	485	431
Defined Benefit Plans [Abstract]
Unfunded pension obligation		1,143	910		1,143
Net adjustments recognized		349	67	235
Employee Stock Purchase Plan [Member]
Stock ownership and benefit plans [Line Items]
Number of shares authorized		600,000			600,000
Number of shares available for future grant		115,218			115,218
Stock-based compensation		92	76	58
Employee Stock Purchase Plan [Abstract]
Percentage of earnings that may be authorized by employees to withhold to purchase common stock		15.00%			15.00%
Shares purchased		20,148	22,689	14,717
Employee Stock Purchase Plan [Member] | Maximum [Member]
Employee Stock Purchase Plan [Abstract]
Percentage of fair market value of the entity's common stock used to purchase common stock on the Offering Date or Purchase Date		85.00%
Restricted stock and restricted stock units
Stock ownership and benefit plans [Line Items]
Aggregate number of shares granted					1,217,221
Restricted stock [Member]
Stock ownership and benefit plans [Line Items]
Aggregate number of shares granted		157,680	163,579	116,900
Accelerated recognition of stock-based compensation expense associated with planned retirement of CEO				672
Unrecognized stock-based compensation [Abstract]
Unrecognized stock-based compensation cost related to unvested awards		2,548			2,548
Weighted average period over which the cost is expected to be recognized		1 year 7 months 17 days
Restricted stock [Member] | President and Chief Executive Officer [Member]
Stock ownership and benefit plans [Line Items]
Aggregate number of shares granted						30,000
Restricted stock units [Member]
Stock ownership and benefit plans [Line Items]
Aggregate number of shares granted		33,895	56,217	50,200
Unrecognized stock-based compensation [Abstract]
Unrecognized stock-based compensation cost related to unvested awards		$738			738
Weighted average period over which the cost is expected to be recognized		1 year 7 months 10 days
Restricted stock awards and restricted stock units, time-based
Stock ownership and benefit plans [Line Items]
Vesting percentage		33.33%
Restricted stock awards and restricted stock units, performance-based
Stock ownership and benefit plans [Line Items]
Vesting percentage, first and second anniversary		25.00%
Vesting percentage, third anniversary		50.00%

INCOME_TAXES_RESTATED_Domestic

INCOME TAXES (RESTATED) - Domestic and Foreign Components of Income Before Tax and Components of Provision for Income Taxes(Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Domestic and foreign components of income before tax for operations [Abstract]
Domestic												($706)	$6,339	$6,312
Foreign												6,545	3,470	8,836
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,742	3,936	2,544	793	4,816	4,913	-713	6,480	4,200	10,219	9,014	5,839	9,809	15,148
Components of the provision for income taxes [Abstract]
Current - Federal												378	1,144	3,396
Current - State												16	93	136
Current - Foreign												3,774	3,020	2,254
Current income tax expense												4,168	4,257	5,786
Deferred - Federal												-236	658	-140
Deferred - State												-82	-64	-27
Deferred - Foreign												63	-1,115	-303
Deferred income tax benefit			670				303	848	776	255	892	-255	-521	-470
Income tax provision	$1,420	$1,839	$741	$698	$1,838	$2,141	($941)	$2,580	$1,201	$4,000	$3,039	$3,913	$3,736	$5,316

INCOME_TAXES_RESTATED_Reconcil

INCOME TAXES (RESTATED) - Reconciliation of Income Tax Provision (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Reconciliation of income tax provision [Abstract]
Statutory U.S. federal income tax												$2,042	$3,401	$5,302
U.S. state income tax, net of federal benefit												-15	85	45
Foreign rate differential												-1,558	-1,259	-2,271
Domestic production activities deduction												-21	-211	-316
Tax audit adjustments												-338	812	0
Intercompany distributions												16	2,239	0
Foreign equity compensation												338	234	254
Deemed repatriation of foreign earnings												0	-908	908
Current year tax credits												-156	-628	-29
Change in valuation allowances												3,737	73	0
Other												-132	-102	1,423
Income tax provision	$1,420	$1,839	$741	$698	$1,838	$2,141	($941)	$2,580	$1,201	$4,000	$3,039	$3,913	$3,736	$5,316

INCOME_TAXES_RESTATED_Deferred

INCOME TAXES (RESTATED) - Deferred Tax Assets and Liabilities (Details) (USD $)	Dec. 31, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Deferred tax assets:
Net foreign operating loss carryforward	$6,932	$5,396
Inventory differences	2,337	2,373
Equity compensation	836	556
Investment in subsidiaries	935	1,147
Restructuring	1,265	0
Other, net	418	591
Gross deferred tax assets	12,723	10,063
Less valuation allowances	-3,032	-75
Total deferred tax assets	9,691	9,988
Deferred tax liabilities:
Purchased intangible assets	-9,813	-12,445
Depreciation and amortization	-2,476	-1,676
Other, net	-220	-238
Total deferred tax liabilities	-12,509	-14,359
Net deferred tax liabilities	($2,818)	($4,371)

INCOME_TAXES_RESTATED_Narrativ

INCOME TAXES (RESTATED) - Narrative (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Federal statutory income tax rate	35.00%	35.00%	35.00%
Change in valuation allowances	$3,737	$73	$0
Change in federal tax laws for 2012, tax benefit		908
Loss carryforwards	41,390	41,390
Increase (decrease) in additional paid-in-capital for tax impact of stock-based compensation	106	-907	-453
Income considered to be permanently reinvested in non-U.S. subsidiaries	37,772	37,795	42,543
Unrecognized tax benefits	0	0
Accrual for interest and penalties related to uncertain tax positions	0	0
Additional income tax expense - German tax audit settlement	($338)	$812	$0

BUSINESS_SEGMENTS_Segment_Oper

BUSINESS SEGMENTS - Segment Operations and Assets (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
												Segment	Segment
Segment Reporting [Abstract]
Number of segments												2	3
Segment Operations [Abstract]
Consolidated net sales	$51,886	$51,911	$46,769	$49,339	$52,331	$55,554	$44,836	$98,680	$100,390	$150,566	$152,720	$202,561	$202,060	$192,737
Segment operating income	3,406	3,777	3,083	1,112	5,191	5,515	-840	6,861	4,675	10,264	9,864	6,665	10,978	15,999
Stock-based compensation							-894
Other income (expense)	472	332	-435	-157	-247	-420	296	-103	-124	369	-371	-313	-528	-32
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484	-551	-648	-832
Interest income	1	1	5	2	1	1	3	5	4	6	5	38	7	13
Consolidated income before income taxes	3,742	3,936	2,544	793	4,816	4,913	-713	6,480	4,200	10,219	9,014	5,839	9,809	15,148
Segment depreciation and amortization												13,154	12,268	11,228
Consolidated capital expenditures												21,403	16,223	15,133
Segment Assets [Abstract]
Assets	229,707	241,792	236,985	240,545	229,228	232,117	228,782	241,792	232,117	229,707	229,228	219,329	240,545
Cash and cash equivalents	14,932	8,643	9,131	10,598	9,333	2,368	8,246	8,643	2,368	14,932	9,333	9,400	10,598	8,218	5,318
Prepaid expenses and other assets	6,783	7,120	6,044	4,277	3,888	5,415	5,867	7,120	5,415	6,783	3,888	6,123	4,277
Deferred tax assets				9,988								9,691	9,988
Corporate property, plant and equipment	57,882	60,546	59,476	60,215	59,248	55,641	52,235	60,546	55,641	57,882	59,248	63,835	60,215
Assets held for sale	6,011	6,155	6,276	6,299	6,610	6,206	5,402	6,155	6,206	6,011	6,610	0	6,299
Consolidated sales [Member] | Customer Concentration Risk [Member]
Segment Assets [Abstract]
Number of customers accounted for more than 10% of total net sales												0	0	0
Operating Segments [Member]
Segment Operations [Abstract]
Segment operating income												16,634	21,596	24,007
Consolidated capital expenditures												21,062	15,447	15,133
Segment Assets [Abstract]
Assets				212,034								197,297	212,034
Corporate, Non-Segment [Member]
Segment Operations [Abstract]
Unallocated corporate expenses												-6,381	-7,217	-3,565
Stock-based compensation												-3,588	-3,401	-4,443
Other income (expense)												-313	-528	-32
Interest expense												-551	-648	-832
Interest income												38	7	13
Consolidated capital expenditures												341	776	0
Segment Assets [Abstract]
Cash and cash equivalents				10,598								9,400	10,598
Prepaid expenses and other assets				6,170								6,438	6,170
Deferred tax assets				3,859								4,558	3,859
Corporate property, plant and equipment				1,585								1,636	1,585
Assets held for sale				6,299								0	6,299
AMK Technical Services [Member] | Segment assets [Member]
Segment Reporting [Abstract]
Concentration risk percentage													3.00%
AMK Technical Services [Member] | Consolidated sales [Member]
Segment Reporting [Abstract]
Concentration risk percentage													4.00%
AMK Technical Services [Member] | Segment operating income [Member]
Segment Reporting [Abstract]
Concentration risk percentage													2.00%
NobelClad [Member]
Segment Operations [Abstract]
Consolidated net sales												97,108	118,409	115,333
Segment operating income												2,155	17,090	17,439
Segment depreciation and amortization												6,482	6,118	5,580
Consolidated capital expenditures												13,696	2,425	4,747
Segment Assets [Abstract]
Assets				99,115								93,383	99,115
DynaEnergetics [Member]
Segment Operations [Abstract]
Consolidated net sales												105,453	83,651	77,404
Segment operating income												14,479	4,506	6,568
Segment depreciation and amortization												6,672	6,150	5,648
Consolidated capital expenditures												7,366	13,022	10,386
Segment Assets [Abstract]
Assets				$112,919								$103,914	$112,919

BUSINESS_SEGMENTS_Geographic_I

BUSINESS SEGMENTS - Geographic Information (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Segment information [Line Items]
Property, plant and equipment, net	$57,882	$60,546	$59,476	$60,215	$59,248	$55,641	$52,235	$60,546	$55,641	$57,882	$59,248	$63,835	$60,215
Net sales	51,886	51,911	46,769	49,339	52,331	55,554	44,836	98,680	100,390	150,566	152,720	202,561	202,060	192,737
United States [Member]
Segment information [Line Items]
Property, plant and equipment, net				28,501								26,291	28,501
Net sales												91,009	88,532	71,155
Iraq [Member]
Segment information [Line Items]
Net sales												11,348	4,243	1,756
Russia [Member]
Segment information [Line Items]
Property, plant and equipment, net				10,152								9,556	10,152
Net sales												7,992	5,992	6,472
Germany [Member]
Segment information [Line Items]
Property, plant and equipment, net				12,703								21,210	12,703
Net sales												7,721	9,208	13,992
India [Member]
Segment information [Line Items]
Net sales												7,617	8,888	3,874
South Korea [Member]
Segment information [Line Items]
Net sales												7,362	11,642	9,469
France [Member]
Segment information [Line Items]
Property, plant and equipment, net				5,801								4,440	5,801
Net sales												5,478	3,756	6,249
China [Member]
Segment information [Line Items]
Net sales												1,800	606	7,986
Canada [Member]
Segment information [Line Items]
Property, plant and equipment, net				2,230								1,655	2,230
Net sales												23,532	18,142	21,083
Kazakhstan [Member]
Segment information [Line Items]
Property, plant and equipment, net				438								461	438
Net sales												1,551	2,513	2,359
Rest of the world [Member]
Segment information [Line Items]
Property, plant and equipment, net				390								222	390
Net sales												$37,151	$48,538	$48,342

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES - Future Minimum Commitments (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Operating Leases [Abstract]
2015	$1,880
2016	1,349
2017	985
2018	852
2019	508
Thereafter	940
Total minimum payments	6,514
Rental expense included in operations	4,103	3,838	3,146
Future minimum payments required to be made under license agreement and a risk allocation agreement [Abstract]
2015	398
2016	398
2017	398
2018	398
2019	0
Thereafter	0
Total minimum payments	$1,592

RETIREMENT_EXPENSES_Details

RETIREMENT EXPENSES (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2013
Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items]
Expenses associated with management retirements	$2,965
Stock-based compensation	894
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	$894

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended			0 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Oct. 01, 2014	Dec. 31, 2014
Discontinued Operations, Disposal [Abstract]
Cash consideration												$6,830	$0	$0
Gain on sale of discontinued operations, net of tax				0								718	0	0
Discontinued Operations, Income Statement Disclosures [Abstract]
Income (loss) from operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473	-77	478	943
Gain on sale of discontinued operations, net of tax				0								718	0	0
AMK Technical Services [Member]
Discontinued Operations, Disposal [Abstract]
Net proceeds															6,830
Cash consideration															4,330
Secured promissory note receivable															2,500
Secured promissory note receivable, term															90 days
Gain on sale of discontinued operations, net of tax												718	0	0		1,476
Discontinued Operations, Income Statement Disclosures [Abstract]
Net sales												4,540	7,513	8,830
Income (loss) from operations												-76	719	1,404
Tax provision												1	241	461
Income (loss) from operations, net of tax												-77	478	943
Gain on sale of discontinued operations												1,476	0	0
Tax provision												758	0	0
Gain on sale of discontinued operations, net of tax												718	0	0		1,476
Discontinued Operations, Balance Sheet Disclosures [Abstract]
Cash				19									19
Accounts receivable				930									930
Inventory				359									359
Prepaid expenses and other				6									6
Current deferred tax assets				67									67
Property, plant and equipment, net				4,801									4,801
Noncurrent deferred tax assets				117									117
Total assets				6,299									6,299
Accounts payable				101									101
Accrued expenses				63									63
Accrued employee compensation				254									254
Customer advances				6									6
Noncurrent deferred tax liabilities				402									402
Total liabilities				$826									$826

RESTRUCTURING_Details

RESTRUCTURING (Details) (USD $)	0 Months Ended	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended			3 Months Ended
In Thousands, unless otherwise specified	Oct. 23, 2014	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Acquisition of property, plant and equipment	$13,140	$1,994	$4,366	$4,123	$9,301	$6,472	$13,426	$21,403	$16,223	$15,133
Facility Closing [Member]
Restructuring Cost and Reserve [Line Items]
Expected restructuring charges								7,250			7,250
Expected additional restructuring charges								500			500
Liability for restructuring and impairment charges								2,486			2,486
Facility Closing [Member] | Restructuring expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges, pretax											6,781
Restructuring and impairment charges, after-tax											5,135
Severance											2,466
Non-cash impairment charges											3,946
Other exit costs											$369

SELECTED_QUARTERLY_FINANCIAL_D2

SELECTED QUARTERLY FINANCIAL DATA - Consolidated Balance Sheets (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Thousands, unless otherwise specified
CURRENT ASSETS:
Cash and cash equivalents	$9,400	$14,932	$8,643	$9,131	$10,598	$9,333	$2,368	$8,246	$8,218	$5,318
Accounts receivable, net of allowance for doubtful accounts of $419	35,501	30,923	38,409	35,973	37,785	30,394	39,959	31,948
Inventory, net	40,101	42,126	45,887	43,052	41,191	41,384	45,190	46,491
Prepaid expenses and other	6,123	6,783	7,120	6,044	4,277	3,888	5,415	5,867
Current deferred tax assets	3,971	5,599	2,548	2,440	3,456	2,515	1,946	1,589
Assets held for sale	0	6,011	6,155	6,276	6,299	6,610	6,206	5,402
Total current assets	95,096	106,374	108,762	102,916	103,606	94,124	101,084	99,543
PROPERTY, PLANT AND EQUIPMENT	109,733	100,305	102,564	100,208	98,573	95,717	90,651	85,896
Less - accumulated depreciation	-45,898	-42,423	-42,018	-40,732	-38,358	-36,469	-35,010	-33,661
Property, plant and equipment, net	63,835	57,882	60,546	59,476	60,215	59,248	55,641	52,235
GOODWILL, net	32,762	34,382	37,161	37,689	37,970	37,553	36,447	36,125	37,431
PURCHASED INTANGIBLE ASSETS, net	26,734	29,403	32,939	34,597	36,458	37,646	38,121	39,428
DEFERRED TAX ASSETS	587	430	516	596	403	158	319	922
OTHER ASSETS, net	315	1,236	1,868	1,711	1,893	499	505	529
TOTAL ASSETS	219,329	229,707	241,792	236,985	240,545	229,228	232,117	228,782
CURRENT LIABILITIES:
Accounts payable	14,076	9,104	9,689	13,438	14,567	9,020	14,111	10,362
Accrued expenses	5,638	3,245	3,671	4,315	3,927	4,222	4,657	4,453
Dividend payable	559	559	559	557	550	550	549	547
Accrued income taxes	3,770	2,972	2,317	1,932	2,657	1,237	911	300
Accrued employee compensation and benefits	4,582	4,667	4,119	3,140	4,552	5,346	4,338	3,778
Customer advances	3,510	2,364	2,617	2,996	1,019	1,387	4,758	1,378
Current debt obligations	0	4	20	516	2,907	65	63	64
Current portion of capital lease obligations		5	5	10		33	45	50
Current deferred tax liabilities	373	435	417	404	435	274	155	155
Liabilities related to assets held for sale	0	721	742	758	826	765	820	543
Total current liabilities	32,508	24,076	24,156	28,066	31,440	22,899	30,407	21,630
LINES OF CREDIT	22,782	26,000	31,800	26,900	26,400	25,550	28,843	38,256
LONG-TERM DEBT		0	0	0		5	20	37
CAPITAL LEASE OBLIGATIONS		4	6	7		0	0	6
DEFERRED TAX LIABILITIES	7,003	9,507	7,740	7,724	7,795	7,842	7,404	7,323
OTHER LONG-TERM LIABILITIES	2,121	1,988	2,058	2,018	1,881	1,755	1,668	1,582
Total liabilities	64,414	61,575	65,760	64,715	67,516	58,051	68,342	68,834
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock	0	0	0	0	0	0	0	0
Common stock	700	699	699	698	689	688	688	684
Additional paid-in capital	67,088	65,914	64,950	63,690	62,934	62,099	61,530	60,682
Retained earnings	113,723	117,857	116,077	114,320	113,390	113,837	111,204	108,688
Other cumulative comprehensive loss	-26,596	-16,338	-5,694	-6,438	-3,984	-5,627	-9,772	-10,215
Total stockholders’ equity	154,915	168,132	176,032	172,270	173,029	170,997	163,650	159,839
Non-controlling interest		0	0	0		180	125	109
Total stockholders’ equity	154,915	168,132	176,032	172,270	173,029	171,177	163,775	159,948	163,447	148,043
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	219,329	229,707	241,792	236,985	240,545	229,228	232,117	228,782
As Reported
CURRENT ASSETS:
Cash and cash equivalents		14,932	8,643	9,131	10,598	9,333	2,368	8,246	8,218	5,318
Accounts receivable, net of allowance for doubtful accounts of $419		30,923	38,409	35,973	37,785	30,394	39,959	31,948
Inventory, net		41,846	45,887	43,106	41,191	41,384	45,190	46,491
Prepaid expenses and other		7,161	7,218	6,142	4,375	3,977	5,504	5,956
Current deferred tax assets		5,583	2,532	2,424	3,440	2,513	1,944	1,587
Assets held for sale		6,011	6,155	6,276	6,299	6,610	6,206	5,402
Total current assets		106,456	108,844	103,052	103,688	94,211	101,171	99,630
PROPERTY, PLANT AND EQUIPMENT		100,305	102,564	100,208	98,573	95,717	90,651	85,896
Less - accumulated depreciation		-42,625	-42,220	-40,934	-38,358	-36,469	-35,010	-33,661
Property, plant and equipment, net		57,680	60,344	59,274	60,215	59,248	55,641	52,235
GOODWILL, net		34,382	37,161	37,689	37,970	37,553	36,447	36,125
PURCHASED INTANGIBLE ASSETS, net		29,403	32,939	34,597	36,458	37,646	38,121	39,428
DEFERRED TAX ASSETS		439	792	552	388	397	458	1,060
OTHER ASSETS, net		1,236	1,868	1,711	1,893	499	505	529
TOTAL ASSETS		229,596	241,948	236,875	240,612	229,554	232,343	229,007
CURRENT LIABILITIES:
Accounts payable		9,104	9,689	13,438	14,567	9,020	14,111	10,362
Accrued expenses		3,245	3,671	4,315	3,927	4,222	4,657	4,453
Dividend payable		559	559	557	550	550	549	547
Accrued income taxes		3,030	2,471	2,034	2,811	1,325	906	295
Accrued employee compensation and benefits		4,667	4,119	3,140	4,552	5,346	4,338	3,778
Customer advances		2,364	2,617	2,996	1,019	1,387	4,758	1,378
Current debt obligations		4	20	516	2,907	65	63	64
Current portion of capital lease obligations		5	5	10		33	45	50
Current deferred tax liabilities		435	417	404	435	274	155	155
Liabilities related to assets held for sale		721	742	758	826	765	820	543
Total current liabilities		24,134	24,310	28,168	31,594	22,987	30,402	21,625
LINES OF CREDIT		26,000	31,800	26,900	26,400	25,550	28,843	38,256
LONG-TERM DEBT		0	0	0		5	20	37
CAPITAL LEASE OBLIGATIONS		4	6	7		0	0	6
DEFERRED TAX LIABILITIES		8,641	7,186	7,566	7,945	8,084	8,050	8,344
OTHER LONG-TERM LIABILITIES		1,958	2,000	1,930	1,881	1,755	1,668	1,582
Total liabilities		60,737	65,302	64,571	67,820	58,381	68,983	69,850
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock		0	0	0	0	0	0	0
Common stock		699	699	698	689	688	688	684
Additional paid-in capital		65,836	64,861	63,589	62,934	62,099	61,530	60,682
Retained earnings		118,745	116,808	114,480	113,399	113,670	110,659	107,769
Other cumulative comprehensive loss		-16,421	-5,722	-6,463	-4,230	-5,464	-9,642	-10,087
Total stockholders’ equity		168,859	176,646	172,304		170,993	163,235	159,048
Non-controlling interest		0	0	0		180	125	109
Total stockholders’ equity		168,859	176,646	172,304	172,792	171,173	163,360	159,157
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		229,596	241,948	236,875	240,612	229,554	232,343	229,007
Adjustments
CURRENT ASSETS:
Cash and cash equivalents		0	0	0	0	0	0	0	0	0
Accounts receivable, net of allowance for doubtful accounts of $419		0	0	0	0	0	0	0
Inventory, net		280	0	-54	0	0	0	0
Prepaid expenses and other		-378	-98	-98	-98	-89	-89	-89
Current deferred tax assets		16	16	16	16	2	2	2
Assets held for sale		0	0	0	0	0	0	0
Total current assets		-82	-82	-136	-82	-87	-87	-87
PROPERTY, PLANT AND EQUIPMENT		0	0	0	0	0	0	0
Less - accumulated depreciation		202	202	202	0	0	0	0
Property, plant and equipment, net		202	202	202	0	0	0	0
GOODWILL, net		0	0	0	0	0	0	0
PURCHASED INTANGIBLE ASSETS, net		0	0	0	0	0	0	0
DEFERRED TAX ASSETS		-9	-276	44	15	-239	-139	-138
OTHER ASSETS, net		0	0	0	0	0	0	0
TOTAL ASSETS		111	-156	110	-67	-326	-226	-225
CURRENT LIABILITIES:
Accounts payable		0	0	0	0	0	0	0
Accrued expenses		0	0	0	0	0	0	0
Dividend payable		0	0	0	0	0	0	0
Accrued income taxes		-58	-154	-102	-154	-88	5	5
Accrued employee compensation and benefits		0	0	0	0	0	0	0
Customer advances		0	0	0	0	0	0	0
Current debt obligations		0	0	0	0	0	0	0
Current portion of capital lease obligations		0	0	0		0	0	0
Current deferred tax liabilities		0	0	0	0	0	0	0
Liabilities related to assets held for sale		0	0	0	0	0	0	0
Total current liabilities		-58	-154	-102	-154	-88	5	5
LINES OF CREDIT		0	0	0	0	0	0	0
LONG-TERM DEBT		0	0	0		0	0	0
CAPITAL LEASE OBLIGATIONS		0	0	0		0	0	0
DEFERRED TAX LIABILITIES		866	554	158	-150	-242	-646	-1,021
OTHER LONG-TERM LIABILITIES		30	58	88	0	0	0	0
Total liabilities		838	458	144	-304	-330	-641	-1,016
COMMITMENTS AND CONTINGENT LIABILITIES (See Note 9)
STOCKHOLDERS’ EQUITY:
Preferred stock		0	0	0	0	0	0	0
Common stock		0	0	0	0	0	0	0
Additional paid-in capital		78	89	101	0	0	0	0
Retained earnings		-888	-731	-160	-9	167	545	919
Other cumulative comprehensive loss		83	28	25	246	-163	-130	-128
Total stockholders’ equity		-727	-614	-34		4	415	791
Non-controlling interest		0	0	0		0	0	0
Total stockholders’ equity		-727	-614	-34	237	4	415	791
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY		$111	($156)	$110	($67)	($326)	($226)	($225)

SELECTED_QUARTERLY_FINANCIAL_D3

SELECTED QUARTERLY FINANCIAL DATA - Consolidated Balance Sheets (Parenthetical) (Details) (USD $)	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013
In Thousands, except Share data, unless otherwise specified
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounts receivable, allowance for doubtful accounts	$542	$599	$504	$459	$419	$340	$471	$440
Preferred stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Preferred stock, shares authorized	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000	4,000,000
Preferred stock, shares issued	0	0	0	0	0	0	0	0
Preferred stock, shares outstanding	0	0	0	0	0	0	0	0
Common stock, par value (in dollars per share)	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05	$0.05
Common stock, shares authorized	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000
Common stock, shares issued	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307
Common stock, shares outstanding	13,997,076	13,979,119	13,979,119	13,994,094	13,772,324	13,759,007	13,750,163	13,683,307

SELECTED_QUARTERLY_FINANCIAL_D4

SELECTED QUARTERLY FINANCIAL DATA - Consolidated Statements of Operations (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended						3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2014
NET SALES	$51,886	$51,911	$46,769	$49,339	$52,331	$55,554	$44,836	$98,680	$100,390	$150,566	$152,720	$202,561		$202,060		$192,737
COST OF PRODUCTS SOLD	36,803	36,013	32,055	36,495	36,229	39,155	32,047	68,067	71,203	104,871	107,431	141,142		143,926		135,085
Gross profit	15,083	15,898	14,714	12,844	16,102	16,399	12,789	30,613	29,187	45,695	45,289	61,419		58,134		57,652
COSTS AND EXPENSES:
General and administrative expenses	5,463	5,771	5,792	5,980	5,672	5,006	8,014	11,564	13,019	17,027	18,694	23,766		24,672		18,489
Selling and distribution expenses	4,639	4,733	4,223	4,138	3,658	4,310	4,030	8,956	8,340	13,596	11,997	18,104		16,136		16,954
Amortization of purchased intangible assets	1,575	1,617	1,616	1,614	1,581	1,568	1,585	3,232	3,153	4,808	4,734	6,103		6,348		6,210
Restructuring and impairment charges				0								6,781		0		0
Total costs and expenses	11,677	12,121	11,631	11,732	10,911	10,884	13,629	23,752	24,512	35,431	35,425	54,754		47,156		41,653
Segment operating income	3,406	3,777	3,083	1,112	5,191	5,515	-840	6,861	4,675	10,264	9,864	6,665		10,978		15,999
OTHER INCOME (EXPENSE):
Other income (expense), net	472	332	-435	-157	-247	-420	296	-103	-124	369	-371	-313		-528		-32
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484	-551		-648		-832
Interest income	1	1	5	2	1	1	3	5	4	6	5	38		7		13
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,742	3,936	2,544	793	4,816	4,913	-713	6,480	4,200	10,219	9,014	5,839		9,809		15,148
INCOME TAX PROVISION	1,420	1,839	741	698	1,838	2,141	-941	2,580	1,201	4,000	3,039	3,913		3,736		5,316
INCOME FROM CONTINUING OPERATIONS	2,322	2,097	1,803	95	2,978	2,772	228	3,900	2,999	6,219	5,975	1,926		6,073		9,832
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473	-77		478		943
Gain on sale of discontinued operations, net of tax				0								718		0		0
Income from discontinued operations				6								641		478		943
Net income including non-controlling interest	2,342	2,316	1,487	101	3,233	3,082	135	3,803	3,216	6,142	6,448	2,567	[1]	6,551	[1]	10,775	[1]
Less: Net income (loss) attributable to non-controlling interest	0	0	0		49	15	28	0	43	0	92	0		92		-2
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	2,342	2,316	1,487		3,184	3,067	107	3,803	3,173	6,142	6,356	2,567		6,459		10,777
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations (in dollars per share)	$0.17	$0.15	$0.13	$0.01	$0.21	$0.20	$0.02	$0.28	$0.21	$0.45	$0.43	$0.13		$0.44		$0.73
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03	$0.05		$0.03		$0.07
Net income (in dollars per share)	$0.17	$0.17	$0.11	$0.01	$0.23	$0.22	$0.01	$0.27	$0.23	$0.44	$0.46	$0.18		$0.47		$0.80
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880	13,687,485		13,533,566		13,264,636
Diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973	13,689,707		13,537,525		13,268,713
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.08	$0.08	$0.12	$0.12	$0.16		$0.16		$0.16
As Reported
NET SALES	51,886	51,911	46,769	49,339	52,331	55,554	44,836	98,680	100,390	150,566	152,720			202,060		192,737		51,995
COST OF PRODUCTS SOLD	36,803	36,067	32,203	36,495	36,229	39,155	32,047	68,269	71,203	105,073	107,431			143,926		135,085		36,271
Gross profit	15,083	15,844	14,566	12,844	16,102	16,399	12,789	30,411	29,187	45,493	45,289			58,134		57,652		15,724
COSTS AND EXPENSES:
General and administrative expenses	5,503	5,813	5,542	5,980	5,672	5,006	8,014	11,356	13,019	16,858	18,694			24,672		18,489		6,740
Selling and distribution expenses	4,639	4,733	4,223	4,138	3,658	4,310	4,030	8,956	8,340	13,596	11,997			16,136		16,954		4,509
Amortization of purchased intangible assets	1,575	1,617	1,616	1,614	1,581	1,568	1,585	3,232	3,153	4,808	4,734			6,348		6,210		1,295
Restructuring and impairment charges				0														6,781
Total costs and expenses	11,717	12,163	11,381	11,732	10,911	10,884	13,629	23,544	24,512	35,262	35,425			47,156		41,653		19,325
Segment operating income	3,366	3,681	3,185	1,112	5,191	5,515	-840	6,867	4,675	10,231	9,864			10,978		15,999		-3,601
OTHER INCOME (EXPENSE):
Other income (expense), net	472	332	-435	-157	-247	-420	296	-103	-124	369	-371			-528		-32		-682
Interest expense	-137	-174	-109	-164	-129	-183	-172	-283	-355	-420	-484			-648		-832		-132
Interest income	1	1	5	2	1	1	3	5	4	6	5			7		13		32
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	3,702	3,840	2,646	793	4,816	4,913	-713	6,486	4,200	10,186	9,014			9,809		15,148		-4,383
INCOME TAX PROVISION	1,224	1,172	692	522	1,460	1,768	-1,049	1,864	719	3,088	2,179			2,700		4,397		-87
INCOME FROM CONTINUING OPERATIONS	2,478	2,668	1,954	271	3,356	3,145	336	4,622	3,481	7,098	6,835			7,109		10,751		-4,296
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	20	219	-316	6	255	310	-93	-97	217	-77	473			478		943		0
Gain on sale of discontinued operations, net of tax				0														718
Income from discontinued operations				6														718
Net income including non-controlling interest	2,498	2,887	1,638	277	3,611	3,455	243	4,525	3,698	7,021	7,308			7,587		11,694		-3,578
Less: Net income (loss) attributable to non-controlling interest	0	0	0		49	15	28	0	43	0	92			92		-2
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	2,498	2,887	1,638		3,562	3,440	215	4,525	3,655	7,021	7,216			7,495		11,696
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations (in dollars per share)	$0.18	$0.19	$0.14	$0.02	$0.24	$0.23	$0.03	$0.33	$0.25	$0.51	$0.49			$0.52		$0.80		($0.32)
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03			$0.03		$0.07		$0.05
Net income (in dollars per share)	$0.18	$0.21	$0.12	$0.02	$0.26	$0.25	$0.02	$0.32	$0.27	$0.50	$0.52			$0.55		$0.87		($0.27)
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations (in dollars per share)	$0.18	$0.19	$0.14	$0.02	$0.24	$0.23	$0.03	$0.33	$0.25	$0.51	$0.49			$0.51		$0.80		($0.32)
Discontinued operations (in dollars per share)	$0	$0.02	($0.02)	$0	$0.02	$0.02	($0.01)	($0.01)	$0.02	($0.01)	$0.03			$0.03		$0.07		$0.05
Net income (in dollars per share)	$0.18	$0.21	$0.12	$0.02	$0.26	$0.25	$0.02	$0.32	$0.27	$0.50	$0.52			$0.54		$0.87		($0.27)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,688,649	13,672,457	13,644,239	13,543,007	13,540,394	13,526,623	13,509,792	13,668,223	13,523,028	13,676,730	13,528,880			13,533,566		13,264,636		13,696,399
Diluted (in shares)	13,690,174	13,677,911	13,649,953	13,549,288	13,544,665	13,530,588	13,513,797	13,673,807	13,527,011	13,681,790	13,532,973			13,537,525		13,268,713		13,697,821
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.04	$0.08	$0.08	$0.12	$0.12			$0.16		$0.16		$0.04
Adjustments
NET SALES	0	0	0	0	0	0	0	0	0	0	0			0		0
COST OF PRODUCTS SOLD	0	-54	-148	0	0	0	0	-202	0	-202	0			0		0
Gross profit	0	54	148	0	0	0	0	202	0	202	0			0		0
COSTS AND EXPENSES:
General and administrative expenses	-40	-42	250	0	0	0	0	208	0	169	0			0		0
Selling and distribution expenses	0	0	0	0	0	0	0	0	0	0	0			0		0
Amortization of purchased intangible assets	0	0	0	0	0	0	0	0	0	0	0			0		0
Restructuring and impairment charges				0
Total costs and expenses	-40	-42	250	0	0	0	0	208	0	169	0			0		0
Segment operating income	40	96	-102	0	0	0	0	-6	0	33	0			0		0
OTHER INCOME (EXPENSE):
Other income (expense), net	0	0	0	0	0	0	0	0	0	0	0			0		0
Interest expense	0	0	0	0	0	0	0	0	0	0	0			0		0
Interest income	0	0	0	0	0	0	0	0	0	0	0			0		0
INCOME BEFORE INCOME TAXES, DISCONTINUED OPERATIONS AND NON-CONTROLLING INTEREST	40	96	-102	0	0	0	0	-6	0	33	0			0		0
INCOME TAX PROVISION	196	667	49	176	378	373	108	716	482	912	860			1,036		919
INCOME FROM CONTINUING OPERATIONS	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
DISCONTINUED OPERATIONS:
Income (loss) from operations of discontinued operations, net of tax	0	0	0	0	0	0	0	0	0	0	0			0		0
Gain on sale of discontinued operations, net of tax				0
Income from discontinued operations				0
Net income including non-controlling interest	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
Less: Net income (loss) attributable to non-controlling interest	0	0	0		0	0	0	0	0	0	0			0		0
NET INCOME ATTRIBUTABLE TO DYNAMIC MATERIALS CORPORATION	($156)	($571)	($151)		($378)	($373)	($108)	($722)	($482)	($879)	($860)			($1,036)		($919)
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.08)		($0.07)
Discontinued operations (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
Net income (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.08)		($0.07)
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.07)		($0.07)
Discontinued operations (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
Net income (in dollars per share)	($0.01)	($0.04)	($0.01)	($0.01)	($0.03)	($0.03)	($0.01)	($0.05)	($0.04)	($0.06)	($0.06)			($0.07)		($0.07)
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	0	0	0	0	0	0	0	0	0	0	0			0		0
Diluted (in shares)	0	0	0	0	0	0	0	0	0	0	0			0		0
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0			$0		$0
[1]	Restated

SELECTED_QUARTERLY_FINANCIAL_D5

SELECTED QUARTERLY FINANCIAL DATA - Consolidated Statements of Comprehensive Operations (Details) (USD $)	3 Months Ended							6 Months Ended		9 Months Ended		12 Months Ended						3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2014
Net income including non-controlling interest	$2,342	$2,316	$1,487	$101	$3,233	$3,082	$135	$3,803	$3,216	$6,142	$6,448	$2,567	[1]	$6,551	[1]	$10,775	[1]
Change in cumulative foreign currency translation adjustment	-10,647	744	-2,454		4,150	443	-3,619	-1,710	-3,175	-12,354	976	-22,612	[1]	2,619	[1]	2,606	[1]
Total comprehensive income (loss)	-8,305	3,060	-967		7,383	3,525	-3,484	2,093	41	-6,212	7,424	-20,045		9,170		13,381
Comprehensive income attributable to non-controlling interest	0	0	0		55	16	25	0	41	0	96	0		96		1
Comprehensive income (loss) attributable to Dynamic Materials Corporation	-8,305	3,060	-967		7,328	3,509	-3,509	2,093	0	-6,212	7,328	-20,045		9,074		13,380
As Reported
Net income including non-controlling interest	2,498	2,887	1,638	277	3,611	3,455	243	4,525	3,698	7,021	7,308			7,587		11,694		-3,578
Change in cumulative foreign currency translation adjustment	-10,701	741	-2,233		4,183	446	-3,627	-1,492	-3,181	-12,191	1,003			2,237		2,796
Total comprehensive income (loss)	-8,203	3,628	-595		7,794	3,901	-3,384	3,033	517	-5,170	8,311			9,824		14,490
Comprehensive income attributable to non-controlling interest	0	0	0		55	16	25	0	41	0	96			96		1
Comprehensive income (loss) attributable to Dynamic Materials Corporation	-8,203	3,628	-595		7,739	3,885	-3,409	3,033	476	-5,170	8,215			9,728		14,489
Adjustments
Net income including non-controlling interest	-156	-571	-151	-176	-378	-373	-108	-722	-482	-879	-860			-1,036		-919
Change in cumulative foreign currency translation adjustment	54	3	-221		-33	-3	8	-218	6	-163	-27			382		-190
Total comprehensive income (loss)	-102	-568	-372		-411	-376	-100	-940	-476	-1,042	-887			-654		-1,109
Comprehensive income attributable to non-controlling interest	0	0	0		0	0	0	0	0	0	0			0		0
Comprehensive income (loss) attributable to Dynamic Materials Corporation	($102)	($568)	($372)		($411)	($376)	($100)	($940)	($476)	($1,042)	($887)			($654)		($1,109)
[1]	Restated

SELECTED_QUARTERLY_FINANCIAL_D6

SELECTED QUARTERLY FINANCIAL DATA - Consolidated Statements of Cash Flows (Details) (USD $)	3 Months Ended		6 Months Ended		9 Months Ended		12 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2014	Mar. 31, 2013	Jun. 30, 2014	Jun. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	$1,487	$135	$3,803	$3,216	$6,142	$6,448	$2,567	[1]	$6,551	[1]	$10,775	[1]
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	316	93	97	-217	77	-473	77		-478		-943
Gain on sale of discontinued operations, net of tax							-718		0		0
Depreciation (including capital lease amortization)	1,624	1,272	3,379	2,583	5,204	4,004	7,051		5,920		5,018
Amortization of purchased intangible assets	1,616	1,585	3,232	3,153	4,808	4,734	6,103		6,348		6,210
Amortization of deferred debt issuance costs	25	25	51	51	76	76	102		102		124
Stock-based compensation	717	1,422	1,741	2,057	2,704	2,685	3,588		3,401		4,443
Deferred income tax benefit	670	303	848	776	255	892	-255		-521		-470
Loss on disposal of property, plant and equipment		21	5	21	6	5	12		50		0
Change in:
Accounts receivable, net	1,570	2,784	-858	-5,193	5,342	4,868	-427		-2,185		717
Inventory, net	-2,459	619	-5,000	1,960	-2,732	6,588	-3,459		6,750		-2,380
Prepaid expenses and other	-1,867	-952	-2,873	-545	-3,413	1,031	-3,004		89		551
Accounts payable	-1,051	-596	-4,778	3,105	-5,084	-2,208	-932		2,228		-3,616
Customer advances	1,980	55	1,613	3,434	1,445	21	2,782		-360		-556
Accrued expenses and other liabilities	-1,151	-981	-586	344	810	1,145	3,267		1,588		-409
Net cash flows provided by continuing operations	3,477	5,785	674	14,745	15,640	29,816	23,074		30,239		19,464
Net cash flows provided by discontinued operations	-298	559	48	680	239	655	239		1,777		1,092
Net cash provided by operating activities	3,179	6,344	722	15,425	15,879	30,471	23,313		32,016		20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-1,994	-4,366	-4,123	-9,301	-6,472	-13,426	-21,403		-16,223		-15,133
Change in other non-current assets	32	45	-59	192	373	209	1,310		-489		-224
Net cash flows used in continuing operations	-1,962	-4,321	-4,182	-9,109	-6,099	-13,217	-13,263		-16,892		-25,651
Net cash flows used in discontinued operations	-63	-87	-85	-425	-120	-604	-120		-1,348		-514
Net cash used in investing activities	-2,025	-4,408	-4,267	-9,534	-6,219	-13,821	-13,383		-18,240		-26,165
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	-1,863	-202	2,555	-9,811	-3,213	-13,252	-6,069		-9,592		12,174
Payment on loans with former owners of LRI	-15	-16	-31	-32	-47	-47	-50		-63		-1,176
Payment on capital lease obligations	-15	-13	-22	-25	-23	-39	-24		-40		-66
Payment of dividends	-550	-540	-1,108	-1,088	-1,667	-1,637	-2,226		-2,187		-2,155
Net proceeds from issuance of common stock to employees and directors	22		234	163	234	163
Excess tax benefit from stock-based compensation	26	-890	51	-836	52	-895	156		0		0
Net cash provided by (used in) financing activities	-2,395	-1,661	1,679	-11,629	-4,664	-15,707	-7,854		-11,587		8,517
EFFECTS OF EXCHANGE RATES ON CASH	-226	-247	-89	-112	-662	172	-3,274		191		-8
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,467	28	-1,955	-5,850	4,334	1,115	-1,198		2,380		2,900
CASH AND CASH EQUIVALENTS, beginning of the period	10,598	8,218	10,598	8,218	10,598	8,218	10,598		8,218		5,318
CASH AND CASH EQUIVALENTS, end of the period	9,131	8,246	8,643	2,368	14,932	9,333	9,400		10,598		8,218
As Reported
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	1,638	243	4,525	3,698	7,021	7,308			7,587		11,694
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	316	93	97	-217	77	-473			-478		-943
Depreciation (including capital lease amortization)	1,826	1,272	3,581	2,583	5,406	4,004			5,920		5,018
Amortization of purchased intangible assets	1,616	1,585	3,232	3,153	4,808	4,734			6,348		6,210
Amortization of deferred debt issuance costs	25	25	51	51	76	76			102		124
Stock-based compensation	555	1,422	1,591	2,057	2,565	2,685			3,401		4,443
Deferred income tax benefit	612	130	72	229	-608	-126			-1,666		-1,159
Loss on disposal of property, plant and equipment		21	5	21	6	5			50
Change in:
Accounts receivable, net	1,570	2,784	-858	-5,193	5,342	4,868			-2,185		717
Inventory, net	-2,513	619	-5,000	1,960	-3,012	6,588			6,750		-2,380
Prepaid expenses and other	-1,867	-952	-2,873	-545	-3,146	1,031			79		463
Accounts payable	-1,051	-596	-4,778	3,105	-5,084	-2,208			2,228		-3,616
Customer advances	1,980	55	1,613	3,434	1,445	21			-360		-556
Accrued expenses and other liabilities	-1,291	-916	-645	409	683	1,303			1,707		-551
Net cash flows provided by continuing operations	3,416	5,785	613	14,745	15,579	29,816			30,239		19,464
Net cash flows provided by discontinued operations	-298	559	48	680	239	655			1,777		1,092
Net cash provided by operating activities	3,118	6,344	661	15,425	15,818	30,471			32,016		20,556
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-1,994	-4,366	-4,123	-9,301	-6,472	-13,426			-16,223		-15,133
Change in other non-current assets	32	45	-59	192	373	209			-489		-224
Net cash flows used in continuing operations	-1,962	-4,321	-4,182	-9,109	-6,099	-13,217			-16,892		-25,651
Net cash flows used in discontinued operations	-63	-87	-85	-425	-120	-604			-1,348		-514
Net cash used in investing activities	-2,025	-4,408	-4,267	-9,534	-6,219	-13,821			-18,240		-26,165
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	-1,863	-202	2,555	-9,811	-3,213	-13,252			-9,592		12,174
Payment on loans with former owners of LRI	-15	-16	-31	-32	-47	-47			-63		-1,176
Payment on capital lease obligations	-15	-13	-22	-25	-23	-39			-40		-66
Payment of dividends	-550	-540	-1,108	-1,088	-1,667	-1,637			-2,187		-2,155
Net proceeds from issuance of common stock to employees and directors	22		234	163	234	163
Excess tax benefit from stock-based compensation	87	-890	112	-836	113	-895
Net cash provided by (used in) financing activities	-2,334	-1,661	1,740	-11,629	-4,603	-15,707			-11,587		8,517
EFFECTS OF EXCHANGE RATES ON CASH	-226	-247	-89	-112	-662	172			191		-8
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	-1,467	28	-1,955	-5,850	4,334	1,115			2,380		2,900
CASH AND CASH EQUIVALENTS, beginning of the period	10,598	8,218	10,598	8,218	10,598	8,218	10,598		8,218		5,318
CASH AND CASH EQUIVALENTS, end of the period	9,131	8,246	8,643	2,368	14,932	9,333			10,598		8,218
Adjustments
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income including non-controlling interest	-151	-108	-722	-482	-879	-860			-1,036		-919
Adjustments to reconcile net income to net cash provided by operating activities:
Loss (income) from discontinued operations, net of tax	0	0	0	0	0	0			0		0
Depreciation (including capital lease amortization)	-202	0	-202	0	-202	0			0		0
Amortization of purchased intangible assets	0	0	0	0	0	0			0		0
Amortization of deferred debt issuance costs	0	0	0	0	0	0			0		0
Stock-based compensation	162	0	150	0	139	0			0		0
Deferred income tax benefit	58	173	776	547	863	1,018			1,145		689
Loss on disposal of property, plant and equipment		0	0	0	0	0			0
Change in:
Accounts receivable, net	0	0	0	0	0	0			0		0
Inventory, net	54	0	0	0	280	0			0		0
Prepaid expenses and other	0	0	0	0	-267	0			10		88
Accounts payable	0	0	0	0	0	0			0		0
Customer advances	0	0	0	0	0	0			0		0
Accrued expenses and other liabilities	140	-65	59	-65	127	-158			-119		142
Net cash flows provided by continuing operations	61	0	61	0	61	0			0		0
Net cash flows provided by discontinued operations	0	0	0	0	0	0			0		0
Net cash provided by operating activities	61	0	61	0	61	0			0		0
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	0	0	0	0	0	0			0		0
Change in other non-current assets	0	0	0	0	0	0			0		0
Net cash flows used in continuing operations	0	0	0	0	0	0			0		0
Net cash flows used in discontinued operations	0	0	0	0	0	0			0		0
Net cash used in investing activities	0	0	0	0	0	0			0		0
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	0	0	0	0	0	0			0		0
Payment on loans with former owners of LRI	0	0	0	0	0	0			0		0
Payment on capital lease obligations	0	0	0	0	0	0			0		0
Payment of dividends	0	0	0	0	0	0			0		0
Net proceeds from issuance of common stock to employees and directors	0		0	0	0	0
Excess tax benefit from stock-based compensation	-61	0	-61	0	-61	0
Net cash provided by (used in) financing activities	-61	0	-61	0	-61	0			0		0
EFFECTS OF EXCHANGE RATES ON CASH	0	0	0	0	0	0			0		0
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	0	0	0	0	0	0			0		0
CASH AND CASH EQUIVALENTS, beginning of the period	0	0	0	0	0	0	0		0		0
CASH AND CASH EQUIVALENTS, end of the period	$0	$0	$0	$0	$0	$0			$0		$0
[1]	Restated

SELECTED_QUARTERLY_FINANCIAL_D7

SELECTED QUARTERLY FINANCIAL DATA - Narrative (Details) (Segment Sold [Member])	12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013
Consolidated assets [Member]
Concentration Risk [Line Items]
Concentration risk percentage (less than)	5.00%	5.00%
Consolidated sales [Member]
Concentration Risk [Line Items]
Concentration risk percentage (less than)	5.00%	5.00%
Consolidated operating income [Member]
Concentration Risk [Line Items]
Concentration risk percentage (less than)	5.00%	5.00%

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (Subsequent Event [Member], USD $)	1 Months Ended	0 Months Ended
	Jan. 31, 2015	Feb. 23, 2015	Mar. 16, 2015
	Facility
DynaEnergetics Restructuring [Member]
DynaEnergetics and Corporate Restructuring [Abstract]
Number of distribution centers closed	2
Minimum [Member] | DynaEnergetics Restructuring [Member]
DynaEnergetics and Corporate Restructuring [Abstract]
Expected restructuring charges			$1,500,000
Minimum [Member] | Corporate Office Restructuring [Member]
DynaEnergetics and Corporate Restructuring [Abstract]
Expected restructuring charges			1,500,000
Maximum [Member] | DynaEnergetics Restructuring [Member]
DynaEnergetics and Corporate Restructuring [Abstract]
Expected restructuring charges			2,500,000
Maximum [Member] | Corporate Office Restructuring [Member]
DynaEnergetics and Corporate Restructuring [Abstract]
Expected restructuring charges			2,000,000
Line of Credit [Member] | Syndicated Credit Facility [Member]
New Credit Facility [Abstract]
Term		5 years
Maximum borrowing capacity		150,000,000
Quarterly installment, percent of principal due in each of years one and two		10.00%
Quarterly installment, percent of principal due in each of years three and four		20.00%
Quarterly installment, percent of principal due in each of year five		30.00%
Accordion feature		100,000,000
Line of Credit [Member] | Syndicated Credit Facility [Member] | ABR [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		0.25%
Line of Credit [Member] | Syndicated Credit Facility [Member] | ABR [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Syndicated Credit Facility [Member] | LIBOR [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Syndicated Credit Facility [Member] | LIBOR [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		2.25%
Line of Credit [Member] | Revolving Loans, US Dollars [Member]
New Credit Facility [Abstract]
Maximum borrowing capacity		90,000,000
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member]
New Credit Facility [Abstract]
Maximum borrowing capacity		10,000,000
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | LIBOR [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | LIBOR [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		2.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | CDOR [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | CDOR [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		2.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | Canadian Prime Rate [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		0.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | Canadian Prime Rate [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | EURIBOR [Member] | Minimum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		1.25%
Line of Credit [Member] | Revolving Loans, Alternate Currencies [Member] | EURIBOR [Member] | Maximum [Member]
New Credit Facility [Abstract]
Basis spread on variable interest rate		2.25%
Line of Credit [Member] | US Dollar Term Loan Facility [Member]
New Credit Facility [Abstract]
Term		364 days
Maximum borrowing capacity		$50,000,000

SCHEDULE_II_VALUATION_AND_QUAL1

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVES (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
ALLOWANCE FOR DOUBTFUL ACCOUNTS
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
Balance at beginning of period	$419	$406	$424
Additions charged to income	140	221	63
Decreases	0	-13	-10
Other Adjustments	-17	-195	-71
Balance at end of period	542	419	406
WARRANTY RESERVE
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
Balance at beginning of period	188	421	540
Additions charged to income	162	0	172
Decreases	-216	-117	-101
Other Adjustments	-4	-116	-190
Balance at end of period	130	188	421
INVENTORY RESERVE
VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
Balance at beginning of period	1,729	337	157
Additions charged to income	1,606	2,714	856
Decreases	-77	-1,322	-676
Other Adjustments	-141	0	0
Balance at end of period	$3,117	$1,729	$337