DMC Global (BOOM) 10-Q 28 Apr 15 2015 Q1 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
	Mar. 31, 2015	Apr. 28, 2015
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-Q
Document Period End Date	31-Mar-15
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1
Amendment Flag	FALSE
Entity Common Stock, Shares Outstanding		14,141,943

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
CURRENT ASSETS:
Cash and cash equivalents	$12,939	$9,400
Accounts receivable, net of allowance for doubtful accounts of $975 and $542, respectively	29,920	35,501
Inventory, net	42,888	40,101
Prepaid expenses and other	6,349	6,123
Current deferred tax assets	3,618	3,971
Total current assets	95,714	95,096
PROPERTY, PLANT AND EQUIPMENT	106,061	109,733
Less - accumulated depreciation	-45,644	-45,898
Property, plant and equipment, net	60,417	63,835
GOODWILL, net	29,139	32,762
PURCHASED INTANGIBLE ASSETS, net	23,567	26,734
DEFERRED TAX ASSETS	1,125	587
OTHER ASSETS, net	1,114	315
TOTAL ASSETS	211,076	219,329
CURRENT LIABILITIES:
Accounts payable	12,006	14,076
Accrued expenses	6,180	5,638
Dividend payable	566	559
Accrued income taxes	2,757	3,770
Accrued employee compensation and benefits	4,466	4,582
Customer advances	1,968	3,510
Current deferred tax liabilities	321	373
Total current liabilities	28,264	32,508
LINES OF CREDIT	32,355	22,782
DEFERRED TAX LIABILITIES	6,285	7,003
OTHER LONG-TERM LIABILITIES	1,854	2,121
Total liabilities	68,758	64,414
COMMITMENTS AND CONTINGENT LIABILITIES
STOCKHOLDERS’ EQUITY:
Preferred stock, $0.05 par value; 4,000,000 shares authorized; no issued and outstanding shares	0	0
Common stock, $0.05 par value; 25,000,000 shares authorized; 14,146,109 and 13,997,076 shares issued and outstanding, respectively	707	700
Additional paid-in capital	68,144	67,088
Retained earnings	110,780	113,723
Other cumulative comprehensive loss	-37,313	-26,596
Total stockholders’ equity	142,318	154,915
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$211,076	$219,329

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, except Share data, unless otherwise specified
Statement of Financial Position [Abstract]
Accounts receivable, allowance for doubtful accounts	$975	$542
Preferred stock, par value (in dollars per share)	$0.05	$0.05
Preferred stock, shares authorized	4,000,000	4,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.05	$0.05
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	14,146,109	13,997,076
Common stock, shares outstanding	14,146,109	13,997,076

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
NET SALES	$40,819	$46,769
COST OF PRODUCTS SOLD	30,116	32,055
Gross profit	10,703	14,714
COSTS AND EXPENSES:
General and administrative expenses	6,038	5,792
Selling and distribution expenses	4,878	4,223
Amortization of purchased intangible assets	1,017	1,616
Restructuring expenses	1,996	0
Total costs and expenses	13,929	11,631
INCOME (LOSS) FROM OPERATIONS	-3,226	3,083
OTHER INCOME (EXPENSE):
Other income (expense), net	1,124	-435
Interest expense	-182	-109
Interest income	3	5
INCOME (LOSS) BEFORE INCOME TAXES AND DISCONTINUED OPERATIONS	-2,281	2,544
INCOME TAX PROVISION	96	741
INCOME (LOSS) FROM CONTINUING OPERATIONS	-2,377	1,803
DISCONTINUED OPERATIONS:
Loss from operations of discontinued operations, net of tax	0	-316
NET INCOME (LOSS)	($2,377)	$1,487
INCOME (LOSS) PER SHARE - BASIC:
Continuing operations (in dollars per share)	($0.17)	$0.13
Discontinued operations (in dollars per share)	$0	($0.02)
Net income (in dollars per share)	($0.17)	$0.11
INCOME (LOSS) PER SHARE - DILUTED:
Continuing operations (in dollars per share)	($0.17)	$0.13
Discontinued operations (in dollars per share)	$0	($0.02)
Net income (in dollars per share)	($0.17)	$0.11
WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING:
Basic (in shares)	13,822,231	13,644,239
Diluted (in shares)	13,822,231	13,649,953
DIVIDENDS DECLARED PER COMMON SHARE (in dollars per share)	$0.04	$0.04

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	($2,377)	$1,487
Change in cumulative foreign currency translation adjustment	-10,717	-2,454
Total comprehensive loss	($13,094)	($967)

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (USD $)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Other Cumulative Comprehensive Loss
In Thousands, except Share data, unless otherwise specified
Balances at Dec. 31, 2014	$154,915	$700	$67,088	$113,723	($26,596)
Balances (in shares) at Dec. 31, 2014	13,997,076	13,997,076
Increase (Decrease) in Stockholders' Equity
Net loss	-2,377			-2,377
Change in cumulative foreign currency translation adjustment	-10,717				-10,717
Shares issued in connection with stock compensation plans (in shares)		149,033
Shares issued in connection with stock compensation plans	10	7	3
Tax impact of stock-based compensation	-184		-184
Stock-based compensation	1,237		1,237
Dividends declared	-566			-566
Balances at Mar. 31, 2015	$142,318	$707	$68,144	$110,780	($37,313)
Balances (in shares) at Mar. 31, 2015	14,146,109	14,146,109

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	($2,377)	$1,487
Adjustments to reconcile net income to net cash provided by operating activities:
Loss from discontinued operations	0	316
Depreciation (including capital lease amortization)	1,655	1,624
Amortization of purchased intangible assets	1,017	1,616
Amortization of deferred debt issuance costs	73	25
Stock-based compensation	724	717
Excess tax benefit from stock-based compensation	-23	-26
Deferred income tax provision (benefit)	-311	670
Restructuring and impairment charges	1,996	0
Cash payments for restructuring charges	-72	0
Change in:
Accounts receivable, net	3,979	1,570
Inventory, net	-4,933	-2,459
Prepaid expenses and other	-618	-1,867
Accounts payable	-2,122	-1,051
Customer advances	-1,301	1,980
Accrued expenses and other liabilities	-1,519	-1,125
Net cash flows provided by (used in) continuing operations	-3,832	3,477
Net cash flows used in discontinued operations	0	-298
Net cash provided by (used in) operating activities	-3,832	3,179
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisition of property, plant and equipment	-891	-1,994
Change in other non-current assets	0	32
Net cash flows used in continuing operations	-891	-1,962
Net cash flows used in discontinued operations	0	-63
Net cash used in investing activities	-891	-2,025
CASH FLOWS FROM FINANCING ACTIVITIES:
Borrowings (repayments) on bank lines of credit, net	10,142	-1,863
Payment on loans with former owners of LRI	0	-15
Payment on capital lease obligations	-1	-15
Payment of dividends	-559	-550
Payment of deferred debt issuance costs	-868	0
Net proceeds from issuance of common stock to employees and directors	10	22
Excess tax benefit from stock-based compensation	23	26
Net cash provided by (used in) financing activities	8,747	-2,395
EFFECTS OF EXCHANGE RATES ON CASH	-485	-226
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	3,539	-1,467
CASH AND CASH EQUIVALENTS, beginning of the period	9,400	10,598
CASH AND CASH EQUIVALENTS, end of the period	$12,939	$9,131

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
	Mar. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
BASIS OF PRESENTATION	BASIS OF PRESENTATION
	The information included in the condensed consolidated financial statements is unaudited but includes all normal and recurring adjustments which, in the opinion of management, are necessary for a fair presentation of the interim periods presented. These condensed consolidated financial statements should be read in conjunction with the financial statements that are included in our Annual Report filed on Form 10-K for the year ended December 31, 2014.
	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 period presented. See Note 9 "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 is being shifted from facilities in both Rivesaltes, France and Wurgendorf, Germany to the new manufacturing facility in Liebenscheid, Germany. See Note 10 "Restructuring" for additional disclosures regarding these restructuring plans.
	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 now be served directly from our existing facilities in Texas. Two new centralized distribution centers will replace the smaller and less efficient distribution centers being closed. See Note 10 "Restructuring" for additional disclosures regarding these restructuring plans.
	Corporate Restructuring
	In the first quarter of 2015, we restructured our corporate office by eliminating certain positions. Additionally, two of our nine board of directors will not stand for re-election at our Annual meeting in May 2015, and we intend to continue with a seven-member board. See Note 10 "Restructuring" for additional disclosures regarding these restructuring plans.

SIGNIFICANT_ACCOUNTING_POLICIE

SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
SIGNIFICANT ACCOUNTING POLICIES	SIGNIFICANT ACCOUNTING POLICIES
	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Dynamic Materials Corporation (“DMC”) and its controlled subsidiaries.  Only subsidiaries in which controlling interests are maintained are consolidated.  All significant intercompany accounts, profits, and transactions have been eliminated in consolidation.
	Income Taxes
	The effective tax rate for each of the periods reported differs from the U.S. statutory rate due primarily to favorable foreign permanent differences, variation in contribution to consolidated pre-tax income from each jurisdiction for the respective periods and differences between the U.S. and foreign tax rates (which range from 20% to 35%) on earnings that have been permanently reinvested.
	We 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.
	Earnings Per Share
	Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our restricted stock awards (“RSAs”), are considered participating securities for purposes of calculating earnings per share (“EPS”) and require the use of the two class method for calculating EPS.  Under this method, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of EPS allocated to common stock, as shown in the table below.
	Computation and reconciliation of earnings per common share are as follows:
		Three months ended March 31,
		2015			2014
	Numerator:
	Income (loss) from continuing operations	$	(2,377	)	$	1,803
	Less income allocated to RSAs	—			(30		)
	Income (loss) from continuing operations allocated to common stock for EPS calculation	(2,377		)	1,773
	Loss from discontinued operations	—			(316		)
	Net income (loss) allocated to common stock for EPS calculation	$	(2,377	)	$	1,457
	Denominator:
	Weighted average common shares outstanding - basic	13,822,231			13,644,239
	Dilutive stock-based compensation plans	—			5,714
	Weighted average common shares outstanding - diluted	13,822,231			13,649,953
	Income (loss) per share - Basic:
	Continuing operations	$	(0.17	)	$	0.13
	Discontinued operations	—			(0.02		)
	Net income allocated to common stock for EPS calculation	$	(0.17	)	$	0.11
	Income (loss) per share - Diluted:
	Continuing operations	$	(0.17	)	$	0.13
	Discontinued operations	—			(0.02		)
	Net income allocated to common stock for EPS calculation	$	(0.17	)	$	0.11
	Fair Value of Financial Instruments
	The carrying value of cash and cash equivalents, trade accounts receivable and payable, accrued expenses and lines of credit approximate their fair value.
	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. We are still evaluating the impact on our financial statements for the expected adoption of this pronouncement.
	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. Any future disposals will be accounted for under this standard.
	In April 2015, the FASB issued an accounting standards update to revise the presentation of debt issuance costs. Under this pronouncement, entities will present debt issuance costs in their balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the deferred debt issuance costs will continue to be included in interest expense. The pronouncement, which is to be applied retrospectively to all prior periods, is effect for fiscal years beginning after December 15, 2015, with early adoption permitted for financial statements that have not been previously issued.

INVENTORIES

INVENTORIES	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
INVENTORIES	INVENTORIES
	Inventories are stated at the lower-of-cost (first-in, first-out) or market value. Cost elements included in inventory are material, labor, subcontract costs, and manufacturing overhead. As necessary, we record provisions and maintain reserves for excess, slow moving and obsolete inventory. To determine reserve amounts, we regularly review inventory quantities on hand and values, and compare them to estimates of future product demand, market conditions, production requirements and technological developments.
	Inventories consist of the following at March 31, 2015 and December 31, 2014 and include reserves of $3,162 and $3,117, respectively:
		March 31,		December 31,
		2015		2014
	Raw materials	$	17,093	$	15,208
	Work-in-process	10,242		11,528
	Finished goods	15,017		12,782
	Supplies	536		583
		$	42,888	$	40,101

GOODWILL

GOODWILL	3 Months Ended
	Mar. 31, 2015
Goodwill Disclosure [Abstract]
GOODWILL	GOODWILL
	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			DynaEnergetics			Total
	Goodwill balance at December 31, 2014	$	19,418		$	13,344		$	32,762
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	(71		)	(125		)	(196		)
	Adjustment due to exchange rate differences	(1,994		)	(1,433		)	(3,427		)
	Goodwill balance at March 31, 2015	$	17,353		$	11,786		$	29,139

PURCHASED_INTANGIBLE_ASSETS

PURCHASED INTANGIBLE ASSETS	3 Months Ended
	Mar. 31, 2015
Purchased Intangible Assets Disclosure [Abstract]
PURCHASED INTANGIBLE ASSETS	PURCHASED INTANGIBLE ASSETS
	The following table presents details of our purchased intangible assets, other than goodwill, as of March 31, 2015:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	18,456	$	(6,805	)	$	11,651
	Customer relationships	37,151		(25,644		)	11,507
	Trademarks / Trade names	1,978		(1,569		)	409
	Total intangible assets	$	57,585	$	(34,018	)	$	23,567
	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 change in the gross value of our purchased intangible assets from December 31, 2014 to March 31, 2015 was due to foreign currency translation.

CUSTOMER_ADVANCES

CUSTOMER ADVANCES	3 Months Ended
	Mar. 31, 2015
Customer Advances Disclosure [Abstract]
CUSTOMER ADVANCES	CUSTOMER ADVANCES
	On occasion, we require customers to make advance payments prior to the shipment of goods in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.  As of March 31, 2015 and December 31, 2014, customer advances totaled $1,968 and $3,510, respectively, and originated from several customers.

DEBT

DEBT	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
DEBT	DEBT
	Lines of credit consisted of the following at March 31, 2015 and December 31, 2014:
		March 31,		December 31,
		2015		2014
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	24,000	$	19,500
	Euro revolving loan	8,355		3,282
	Long-term lines of credit	$	32,355	$	22,782
	Syndicated Credit Agreement
	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%).
	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 March 31, 2015, we were in compliance with all financial covenants and other provisions of our debt agreements.

BUSINESS_SEGMENTS

BUSINESS SEGMENTS	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
BUSINESS SEGMENTS	BUSINESS SEGMENTS
	Our business is organized into 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.
	Due to the completed sale of AMK in 2014, the operating results of AMK have been classified as discontinued operations in all periods presented. All prior periods segment disclosures have been conformed to the 2015 presentation. Refer to Note 9 "Discontinued Operations" for further details.
	The accounting policies of all of the segments are the same as those described in the summary of significant accounting policies included herein and in our Annual Report on Form 10-K for the year ended December 31, 2014.  Our reportable segments are separately managed strategic business units that offer different products and services. Each segment’s products are marketed to different customer types and require different manufacturing processes and technologies.
	Segment information is presented for the three months ended March 31, 2015 and 2014 as follows:
		Three months ended March 31,
		2015			2014
	Net sales:
	NobelClad	$	23,944		$	24,564
	DynaEnergetics	16,875			22,205
	Consolidated net sales	$	40,819		$	46,769
		Three months ended March 31,
		2015			2014
	Income (loss) before income taxes:
	NobelClad	$	1,821		$	1,289
	DynaEnergetics	(794		)	4,140
	Segment operating income	1,027			5,429
	Unallocated corporate expenses	(3,016		)	(1,629		)
	Stock-based compensation	(1,237		)	(717		)
	Other income (expense)	1,124			(435		)
	Interest expense	(182		)	(109		)
	Interest income	3			5
	Income (loss) before income taxes, discontinued operations and non-controlling interest	$	(2,281	)	$	2,544
		Three months ended March 31,
		2015			2014
	Depreciation and amortization:
	NobelClad	$	1,157		$	1,732
	DynaEnergetics	1,515			1,508
	Segment depreciation and amortization	$	2,672		$	3,240
	During the three months ended March 31, 2015 and 2014, no one customer accounted for more than 10% of total net sales.

DISCONTINUED_OPERATIONS

DISCONTINUED OPERATIONS	3 Months Ended
	Mar. 31, 2015
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. We received $4,330 in cash consideration at closing and a $2,500 90-day secured promissory note, 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 with DynaEnergetics in the Oilfield Products segment) for the three months ended March 31, 2014 included net sales of $1,270 and loss from discontinued operations of $316, net of tax of $106.

RESTRUCTURING

RESTRUCTURING	3 Months Ended
	Mar. 31, 2015
Restructuring and Related Activities [Abstract]
RESTRUCTURING	RESTRUCTURING
	NobelClad Restructuring
	In October 2014, we signed an agreement to purchase a manufacturing facility in Liebenscheid, Germany and completed the purchase in November 2014.  The facility significantly enhances NobelClad’s manufacturing capabilities and its ability to serve customers throughout Europe, the Middle East and Africa.  The plant became operational in the second quarter of 2015. In October 2014, management announced a plan to restructure its NobelClad European operations. Clad metal plate production is being be shifted from facilities in both Rivesaltes, France and Wurgendorf, Germany to the new manufacturing facility in Liebenscheid, 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 incurred pretax restructuring and impairment charges of $6,781 in the fourth quarter of 2014 and $54 in the first quarter of 2015. We expect to incur additional restructuring charges of approximately $500 primarily related to equipment moving costs.
	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 now be served directly from our existing facilities in Texas. Two new centralized distribution centers will replace the distribution centers being closed. We incurred pretax restructuring and impairment charges of $382 in the first quarter of 2015 and expect to incur additional pretax restructuring charges of approximately $500 to $1,000 related to these actions.
	Corporate Restructuring
	In the first quarter of 2015, we restructured our corporate office by eliminating certain positions. We incurred restructuring charges of approximately $1,560 in the first quarter of 2015 associated with severance and acceleration of unvested stock awards. Additionally, two of our nine board of directors will not stand for re-election at our Annual meeting in May 2015, and we intend to continue with a seven-member board.
	Total restructuring and impairment charges incurred to date for these programs are as follows and are reported in the “restructuring expenses” line item in our consolidated statement of operations:
		Three months ended March 31, 2015
		Severance		Asset Impairment		Contract Termination Costs			Equipment Moving Costs			Other Exit Costs		Total
	NobelClad	39		—		11			—			4		54
	DynaEnergetics	146		202		—			32			2		382
	Corporate	1,560		—		—			—			—		1,560
	Total	$	1,745	$	202	$	11		$	32		$	6	$	1,996
	The changes to the restructuring liability associated with these programs is summarized below:
		Balance at December 31, 2014		Expense		Payments			Currency Adjustments			Balance at March 31, 2015
	Severance	2,406		1,233		(45		)	(262		)	3,332
	Contract termination costs	44		11		(11		)	(5		)	39
	Equipment moving costs	—		32		(1		)	—			31
	Other exit costs	36		6		(15		)	(4		)	23
	Total	$	2,486	$	1,282	$	(72	)	$	(271	)	$	3,425

SIGNIFICANT_ACCOUNTING_POLICIE1

SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation
	The condensed consolidated financial statements include the accounts of Dynamic Materials Corporation (“DMC”) and its controlled subsidiaries.  Only subsidiaries in which controlling interests are maintained are consolidated.  All significant intercompany accounts, profits, and transactions have been eliminated in consolidation.
Income Taxes	Income Taxes
	The effective tax rate for each of the periods reported differs from the U.S. statutory rate due primarily to favorable foreign permanent differences, variation in contribution to consolidated pre-tax income from each jurisdiction for the respective periods and differences between the U.S. and foreign tax rates (which range from 20% to 35%) on earnings that have been permanently reinvested.
	We 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.
Earnings Per Share	Earnings Per Share
	Unvested awards of share-based payments with rights to receive dividends or dividend equivalents, such as our restricted stock awards (“RSAs”), are considered participating securities for purposes of calculating earnings per share (“EPS”) and require the use of the two class method for calculating EPS.  Under this method, a portion of net income is allocated to these participating securities and therefore is excluded from the calculation of EPS allocated to common stock
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	The carrying value of cash and cash equivalents, trade accounts receivable and payable, accrued expenses and lines of credit approximate their fair value.
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. We are still evaluating the impact on our financial statements for the expected adoption of this pronouncement.
	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. Any future disposals will be accounted for under this standard.
	In April 2015, the FASB issued an accounting standards update to revise the presentation of debt issuance costs. Under this pronouncement, entities will present debt issuance costs in their balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the deferred debt issuance costs will continue to be included in interest expense. The pronouncement, which is to be applied retrospectively to all prior periods, is effect for fiscal years beginning after December 15, 2015, with early adoption permitted for financial statements that have not been previously issued.
Inventory	Inventories are stated at the lower-of-cost (first-in, first-out) or market value. Cost elements included in inventory are material, labor, subcontract costs, and manufacturing overhead. As necessary, we record provisions and maintain reserves for excess, slow moving and obsolete inventory. To determine reserve amounts, we regularly review inventory quantities on hand and values, and compare them to estimates of future product demand, market conditions, production requirements and technological developments.
Customer Advances	On occasion, we require customers to make advance payments prior to the shipment of goods in order to help finance our inventory investment on large orders or to keep customers’ credit limits at acceptable levels.

SIGNIFICANT_ACCOUNTING_POLICIE2

SIGNIFICANT ACCOUNTING POLICIES (Tables)	3 Months Ended
	Mar. 31, 2015
Accounting Policies [Abstract]
Schedule of computation and reconciliation of earnings per common share	Computation and reconciliation of earnings per common share are as follows:
		Three months ended March 31,
		2015			2014
	Numerator:
	Income (loss) from continuing operations	$	(2,377	)	$	1,803
	Less income allocated to RSAs	—			(30		)
	Income (loss) from continuing operations allocated to common stock for EPS calculation	(2,377		)	1,773
	Loss from discontinued operations	—			(316		)
	Net income (loss) allocated to common stock for EPS calculation	$	(2,377	)	$	1,457
	Denominator:
	Weighted average common shares outstanding - basic	13,822,231			13,644,239
	Dilutive stock-based compensation plans	—			5,714
	Weighted average common shares outstanding - diluted	13,822,231			13,649,953
	Income (loss) per share - Basic:
	Continuing operations	$	(0.17	)	$	0.13
	Discontinued operations	—			(0.02		)
	Net income allocated to common stock for EPS calculation	$	(0.17	)	$	0.11
	Income (loss) per share - Diluted:
	Continuing operations	$	(0.17	)	$	0.13
	Discontinued operations	—			(0.02		)
	Net income allocated to common stock for EPS calculation	$	(0.17	)	$	0.11

INVENTORIES_Tables

INVENTORIES (Tables)	3 Months Ended
	Mar. 31, 2015
Inventory Disclosure [Abstract]
Schedule of components of inventory	Inventories consist of the following at March 31, 2015 and December 31, 2014 and include reserves of $3,162 and $3,117, respectively:
		March 31,		December 31,
		2015		2014
	Raw materials	$	17,093	$	15,208
	Work-in-process	10,242		11,528
	Finished goods	15,017		12,782
	Supplies	536		583
		$	42,888	$	40,101

GOODWILL_Tables

GOODWILL (Tables)	3 Months Ended
	Mar. 31, 2015
Goodwill Disclosure [Abstract]
Schedule of changes to the carrying amount of goodwill	The changes to the carrying amount of goodwill during the period are summarized below:
		NobelClad			DynaEnergetics			Total
	Goodwill balance at December 31, 2014	$	19,418		$	13,344		$	32,762
	Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	(71		)	(125		)	(196		)
	Adjustment due to exchange rate differences	(1,994		)	(1,433		)	(3,427		)
	Goodwill balance at March 31, 2015	$	17,353		$	11,786		$	29,139

PURCHASED_INTANGIBLE_ASSETS_Ta

PURCHASED INTANGIBLE ASSETS (Tables)	3 Months Ended
	Mar. 31, 2015
Purchased Intangible Assets Disclosure [Abstract]
Schedule of details of purchased intangible assets, other than goodwill	The following table presents details of our purchased intangible assets, other than goodwill, as of March 31, 2015:
		Gross		Accumulated			Net
				Amortization
	Core technology	$	18,456	$	(6,805	)	$	11,651
	Customer relationships	37,151		(25,644		)	11,507
	Trademarks / Trade names	1,978		(1,569		)	409
	Total intangible assets	$	57,585	$	(34,018	)	$	23,567
	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

DEBT_Tables

DEBT (Tables)	3 Months Ended
	Mar. 31, 2015
Debt Disclosure [Abstract]
Schedule of lines of credit	Lines of credit consisted of the following at March 31, 2015 and December 31, 2014:
		March 31,		December 31,
		2015		2014
	Syndicated credit agreement:
	U.S. Dollar revolving loan	$	24,000	$	19,500
	Euro revolving loan	8,355		3,282
	Long-term lines of credit	$	32,355	$	22,782

BUSINESS_SEGMENTS_Tables

BUSINESS SEGMENTS (Tables)	3 Months Ended
	Mar. 31, 2015
Segment Reporting [Abstract]
Schedule of segment information	Segment information is presented for the three months ended March 31, 2015 and 2014 as follows:
		Three months ended March 31,
		2015			2014
	Net sales:
	NobelClad	$	23,944		$	24,564
	DynaEnergetics	16,875			22,205
	Consolidated net sales	$	40,819		$	46,769
		Three months ended March 31,
		2015			2014
	Income (loss) before income taxes:
	NobelClad	$	1,821		$	1,289
	DynaEnergetics	(794		)	4,140
	Segment operating income	1,027			5,429
	Unallocated corporate expenses	(3,016		)	(1,629		)
	Stock-based compensation	(1,237		)	(717		)
	Other income (expense)	1,124			(435		)
	Interest expense	(182		)	(109		)
	Interest income	3			5
	Income (loss) before income taxes, discontinued operations and non-controlling interest	$	(2,281	)	$	2,544
		Three months ended March 31,
		2015			2014
	Depreciation and amortization:
	NobelClad	$	1,157		$	1,732
	DynaEnergetics	1,515			1,508
	Segment depreciation and amortization	$	2,672		$	3,240

RESTRUCTURING_Tables

RESTRUCTURING (Tables)	3 Months Ended
	Mar. 31, 2015
Restructuring and Related Activities [Abstract]
Schedule of restructuring and impairment charges	Total restructuring and impairment charges incurred to date for these programs are as follows and are reported in the “restructuring expenses” line item in our consolidated statement of operations:
		Three months ended March 31, 2015
		Severance		Asset Impairment		Contract Termination Costs			Equipment Moving Costs			Other Exit Costs		Total
	NobelClad	39		—		11			—			4		54
	DynaEnergetics	146		202		—			32			2		382
	Corporate	1,560		—		—			—			—		1,560
	Total	$	1,745	$	202	$	11		$	32		$	6	$	1,996
Schedule of changes to the restructuring liability	The changes to the restructuring liability associated with these programs is summarized below:
		Balance at December 31, 2014		Expense		Payments			Currency Adjustments			Balance at March 31, 2015
	Severance	2,406		1,233		(45		)	(262		)	3,332
	Contract termination costs	44		11		(11		)	(5		)	39
	Equipment moving costs	—		32		(1		)	—			31
	Other exit costs	36		6		(15		)	(4		)	23
	Total	$	2,486	$	1,282	$	(72	)	$	(271	)	$	3,425

BASIS_OF_PRESENTATION_Details

BASIS OF PRESENTATION (Details)	1 Months Ended
	Jan. 31, 2015	31-May-15	Mar. 31, 2015
	Facility	board_member	board_member
Restructuring Cost and Reserve [Line Items]
Number of members of board of directors			9
DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Number of distribution centers closed	2
Number of new centralized distribution centers to replace closed distribution centers	2
Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Number of members of board of directors not standing for re-election		2
Number of members of board of directors		7

SIGNIFICANT_ACCOUNTING_POLICIE3

SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Income Taxes
Income tax rate, low end	20.00%
Income tax rate, high end	35.00%
Numerator:
Income (loss) from continuing operations	($2,377)	$1,803
Less income allocated to RSAs	0	-30
Income (loss) from continuing operations allocated to common stock for EPS calculation	-2,377	1,773
Loss from discontinued operations	0	-316
Net income (loss) allocated to common stock for EPS calculation	($2,377)	$1,457
Denominator:
Weighted average common shares outstanding - basic (in shares)	13,822,231	13,644,239
Dilutive stock-based compensation plans (in shares)	0	5,714
Weighted average common shares outstanding - diluted (in shares)	13,822,231	13,649,953
Income (loss) per share - Basic:
Continuing operations (in dollars per share)	($0.17)	$0.13
Discontinued operations (in dollars per share)	$0	($0.02)
Net income (in dollars per share)	($0.17)	$0.11
Income (loss) per share - Diluted:
Continuing operations (in dollars per share)	($0.17)	$0.13
Discontinued operations (in dollars per share)	$0	($0.02)
Net income (in dollars per share)	($0.17)	$0.11

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Inventory Disclosure [Abstract]
Inventory valuation reserves	$3,162	$3,117
Inventories
Raw materials	17,093	15,208
Work-in-process	10,242	11,528
Finished goods	15,017	12,782
Supplies	536	583
Total inventory	$42,888	$40,101

GOODWILL_Details

GOODWILL (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015
Changes to the carrying amount of goodwill
Goodwill balance at the beginning of the period	$32,762
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-196
Adjustment due to exchange rate differences	-3,427
Goodwill balance at the end of the period	29,139
NobelClad
Changes to the carrying amount of goodwill
Goodwill balance at the beginning of the period	19,418
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-71
Adjustment due to exchange rate differences	-1,994
Goodwill balance at the end of the period	17,353
DynaEnergetics
Changes to the carrying amount of goodwill
Goodwill balance at the beginning of the period	13,344
Adjustment due to recognition of tax benefit of tax amortization of certain goodwill	-125
Adjustment due to exchange rate differences	-1,433
Goodwill balance at the end of the period	$11,786

PURCHASED_INTANGIBLE_ASSETS_De

PURCHASED INTANGIBLE ASSETS (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Purchased intangible assets
Gross	$57,585	$63,078
Accumulated Amortization	-34,018	-36,344
Net	23,567	26,734
Core technology
Purchased intangible assets
Gross	18,456	20,667
Accumulated Amortization	-6,805	-7,360
Net	11,651	13,307
Customer relationships
Purchased intangible assets
Gross	37,151	40,195
Accumulated Amortization	-25,644	-27,270
Net	11,507	12,925
Trademarks / Trade names
Purchased intangible assets
Gross	1,978	2,216
Accumulated Amortization	-1,569	-1,714
Net	$409	$502

CUSTOMER_ADVANCES_Details

CUSTOMER ADVANCES (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Customer Advances Disclosure [Abstract]
Customer advances	$1,968	$3,510

DEBT_Narrative_Details

DEBT - Narrative (Details) (Credit Facility, USD $)	0 Months Ended
	Feb. 23, 2015	Feb. 23, 2015
Syndicated Credit Facility 2015 [Member]
Debt Instrument [Line Items]
Term	5 years
Maximum borrowing capacity	$150,000,000	$150,000,000
Percentage of principal due in each of years one and two	10.00%
Percentage of principal due in each of years three and four	20.00%
Percentage of principal due in year five	30.00%
Accordion feature	100,000,000	100,000,000
Syndicated Credit Facility 2015 [Member] | Minimum | Alternate base rate (ABR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.25%
Syndicated Credit Facility 2015 [Member] | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Syndicated Credit Facility 2015 [Member] | Maximum | Alternate base rate (ABR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Syndicated Credit Facility 2015 [Member] | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	2.25%
U.S. Dollar revolving loan
Debt Instrument [Line Items]
Maximum borrowing capacity	90,000,000	90,000,000
Alternate currencies revolving loan
Debt Instrument [Line Items]
Maximum borrowing capacity	10,000,000	10,000,000
Alternate currencies revolving loan | Minimum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Alternate currencies revolving loan | Minimum | Canadian Dealer Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Alternate currencies revolving loan | Minimum | Canadian Prime Rate
Debt Instrument [Line Items]
Basis spread on variable interest rate	0.25%
Alternate currencies revolving loan | Minimum | Euro Interbank Offered Rate (EURIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Alternate currencies revolving loan | Maximum | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	2.25%
Alternate currencies revolving loan | Maximum | Canadian Dealer Offered Rate (CDOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	2.25%
Alternate currencies revolving loan | Maximum | Canadian Prime Rate
Debt Instrument [Line Items]
Basis spread on variable interest rate	1.25%
Alternate currencies revolving loan | Maximum | Euro Interbank Offered Rate (EURIBOR)
Debt Instrument [Line Items]
Basis spread on variable interest rate	2.25%
US dollar term loan facility
Debt Instrument [Line Items]
Term	364 days
Maximum borrowing capacity	$50,000,000	$50,000,000

DEBT_Schedule_of_Debt_Details

DEBT - Schedule of Debt (Details) (USD $)	Mar. 31, 2015	Dec. 31, 2014
In Thousands, unless otherwise specified
Lines of credit
Long-term lines of credit	$32,355	$22,782
Euro revolving loan
Lines of credit
Long-term lines of credit	8,355	3,282
Credit Facility | U.S. Dollar revolving loan
Lines of credit
Long-term lines of credit	$24,000	$19,500

BUSINESS_SEGMENTS_Details

BUSINESS SEGMENTS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
	Segment
Segment information
Number of segments	2
Consolidated net sales	$40,819	$46,769
Income from operations	-3,226	3,083
Unallocated amounts:
Unallocated corporate expenses	-3,016	-1,629
Stock-based compensation	-1,237	-717
Other income (expense)	1,124	-435
Interest expense	-182	-109
Interest income	3	5
Income (loss) before income taxes, discontinued operations and non-controlling interest	-2,281	2,544
Depreciation and amortization	2,672	3,240
Customer concentration risk
Unallocated amounts:
Number of customers representing greater than 10% of total net sales	0	0
Reportable Segments
Segment information
Income from operations	1,027	5,429
NobelClad
Segment information
Consolidated net sales	23,944	24,564
Income from operations	1,821	1,289
Unallocated amounts:
Depreciation and amortization	1,157	1,732
DynaEnergetics
Segment information
Consolidated net sales	16,875	22,205
Income from operations	-794	4,140
Unallocated amounts:
Depreciation and amortization	$1,515	$1,508

DISCONTINUED_OPERATIONS_Detail

DISCONTINUED OPERATIONS (Details) (USD $)	3 Months Ended		0 Months Ended	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Oct. 01, 2014	Dec. 31, 2014
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Income (loss) from operations, net of tax	$0	($316)
AMK Technical Services
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Sales price			6,830
Cash consideration			4,330
Note receivable			2,500
Note receivable, term			90 days
Gain on sale of business				1,476
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales		1,270
Income (loss) from operations, net of tax		-316
Tax provision		$106

RESTRUCTURING_Narrative_Detail

RESTRUCTURING - Narrative (Details) (USD $)	3 Months Ended		1 Months Ended		3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Jan. 31, 2015	31-May-15	Dec. 31, 2014
	board_member		Facility	board_member
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	$1,996	$0
Number of members of board of directors	9
DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Number of distribution centers closed			2
Number of new centralized distribution centers to replace closed distribution centers			2
Scenario, Forecast
Restructuring Cost and Reserve [Line Items]
Number of members of board of directors not standing for re-election				2
Number of members of board of directors				7
Facility closing | NobelClad
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	54				6,781
Expected additional pretax restructuring and impairment charges	500
Facility closing | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	382
Facility closing | Minimum | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Expected additional pretax restructuring and impairment charges	500
Facility closing | Maximum | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Expected additional pretax restructuring and impairment charges	1,000
Severance | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring and impairment charges	$1,560

RESTRUCTURING_Schedule_of_Rest

RESTRUCTURING - Schedule of Restructuring Costs (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Total	$1,996	$0
Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	1,996
Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	54
Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	382
Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	1,560
Severance | Corporate
Restructuring Cost and Reserve [Line Items]
Total	1,560
Severance | Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	1,745
Severance | Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	39
Severance | Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	146
Severance | Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	1,560
Asset Impairment | Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	202
Asset Impairment | Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	0
Asset Impairment | Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	202
Asset Impairment | Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	0
Contract Termination Costs | Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	11
Contract Termination Costs | Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	11
Contract Termination Costs | Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	0
Contract Termination Costs | Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	0
Equipment Moving Costs | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	54		6,781
Equipment Moving Costs | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	382
Equipment Moving Costs | Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	32
Equipment Moving Costs | Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	0
Equipment Moving Costs | Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	32
Equipment Moving Costs | Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	0
Other Exit Costs | Restructuring expenses
Restructuring Cost and Reserve [Line Items]
Total	6
Other Exit Costs | Restructuring expenses | NobelClad
Restructuring Cost and Reserve [Line Items]
Total	4
Other Exit Costs | Restructuring expenses | DynaEnergetics
Restructuring Cost and Reserve [Line Items]
Total	2
Other Exit Costs | Restructuring expenses | Corporate
Restructuring Cost and Reserve [Line Items]
Total	$0

RESTRUCTURING_Rollforward_of_R

RESTRUCTURING - Rollforward of Restructuring Reserve (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Mar. 31, 2015	Mar. 31, 2014
Restructuring Reserve [Roll Forward]
Balance	$2,486
Expense	1,282
Payments	-72	0
Currency Adjustments	-271
Balance	3,425
Severance
Restructuring Reserve [Roll Forward]
Balance	2,406
Expense	1,233
Payments	-45
Currency Adjustments	-262
Balance	3,332
Contract termination costs
Restructuring Reserve [Roll Forward]
Balance	44
Expense	11
Payments	-11
Currency Adjustments	-5
Balance	39
Equipment moving costs
Restructuring Reserve [Roll Forward]
Balance	0
Expense	32
Payments	-1
Currency Adjustments	0
Balance	31
Other exit costs
Restructuring Reserve [Roll Forward]
Balance	36
Expense	6
Payments	-15
Currency Adjustments	-4
Balance	$23