Myers Industries (MYE) 10-Q 31 Jul 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Jul. 30, 2015
Document Information [Line Items]
Entity Registrant Name	MYERS INDUSTRIES INC
Entity Central Index Key	69,488
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		30,997,801

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net sales	$ 164,335	$ 152,784	$ 320,683	$ 303,269
Cost of sales	113,754	110,252	224,345	218,666
Gross profit	50,581	42,532	96,338	84,603
Selling, general and administrative expenses	30,839	31,246	69,880	64,434
Operating income	19,742	11,286	26,458	20,169
Interest expense, net	2,467	1,667	5,169	3,251
Income from continuing operations before income taxes	17,275	9,619	21,289	16,918
Income tax expense	6,350	3,292	7,742	5,828
Income from continuing operations	10,925	6,327	13,547	11,090
Income (loss) from discontinued operations, net of income taxes	494	(578)	3,111	(4,661)
Net income	$ 11,419	$ 5,749	$ 16,658	$ 6,429
Income per common share from continuing operations:
Basic (in dollars per share)	$ 0.35	$ 0.20	$ 0.44	$ 0.34
Diluted (in dollars per share)	0.35	0.19	0.43	0.33
Income (loss) per common share from discontinued operations:
Basic (in dollars per share)	0.02	(0.02)	0.10	(0.14)
Diluted (in dollars per share)	0.02	(0.02)	0.10	(0.14)
Net income per common share:
Basic (in dollars per share)	0.37	0.18	0.54	0.20
Diluted (in dollars per share)	0.37	0.17	0.53	0.19
Dividends declared per share (in dollars per share)	$ 0.135	$ 0.13	$ 0.27	$ 0.26

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Net income	$ 11,419	$ 5,749	$ 16,658	$ 6,429
Other comprehensive income (loss):
Foreign currency translation adjustment	2,125	2,804	(20,885)	2,858
Total other comprehensive income (loss)	2,125	2,804	(20,885)	2,858
Comprehensive income (loss)	$ 13,544	$ 8,553	$ (4,227)	$ 9,287

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Financial Position - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current Assets
Cash	$ 3,887	$ 4,676
Accounts receivable-less allowances of $631 and $782, respectively	98,503	90,664
Inventories
Finished and in-process products	43,396	40,122
Raw materials and supplies	22,395	23,216
Inventory net	65,791	63,338
Prepaid expenses and other	5,529	6,591
Deferred income taxes	3,115	2,397
Assets held for sale	0	117,775
Total Current Assets	176,825	285,441
Other Assets
Goodwill	62,553	66,639
Intangible assets, net	65,523	72,235
Deferred income taxes	497	545
Other	29,477	3,207
Total other non current assets	158,050	142,626
Property, Plant and Equipment, at Cost
Land	8,058	8,405
Buildings and leasehold improvements	59,023	57,537
Machinery and equipment	335,403	335,963
Property, Plant and Equipment, at cost	402,484	401,905
Less allowances for depreciation and amortization	(271,045)	(265,139)
Property, plant and equipment, net	131,439	136,766
Total Assets	466,314	564,833
Current Liabilities
Accounts payable	69,249	77,320
Accrued expenses
Employee compensation	14,462	14,967
Income taxes	2,971	3,086
Taxes, other than income taxes	2,176	1,940
Accrued interest	3,105	3,207
Liabilities of Assets Held-for-sale	0	27,122
Other	17,431	26,172
Total Current Liabilities	109,394	153,814
Long-term debt	201,385	236,429
Other liabilities	12,310	13,738
Deferred income taxes	13,277	14,281
Shareholders’ Equity
Serial Preferred Shares (authorized 1,000,000 shares; none issued and outstanding)	0	0
Common Shares, without par value (authorized 60,000,000 shares; outstanding 30,995,923 and 31,162,962; after deducting treasury shares of 6,956,534 and 6,604,175, respectively)	18,761	18,855
Additional paid-in capital	214,482	218,394
Accumulated other comprehensive loss	(32,573)	(11,688)
Retained deficit	(70,722)	(78,990)
Total Shareholders' Equity	129,948	146,571
Total Liabilities and Shareholders' Equity	$ 466,314	$ 564,833

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Current Assets
Allowances for accounts receivable	$ 631	$ 782
Shareholders’ Equity
Preferred Shares, shares authorized (in shares)	1,000,000	1,000,000
Preferred Shares, shares issued (in shares)	0	0
Preferred Shares, shares outstanding (in shares)	0	0
Common Shares, shares authorized (in shares)	60,000,000	60,000,000
Common Shares, shares outstanding (in shares)	30,995,923	31,162,962
Common shares, treasury (in shares)	6,956,534	6,604,175

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 6 months ended Jun. 30, 2015 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-In Capital	Accumulative Other Comprehensive Loss	Retained Deficit
Beginning balance at Dec. 31, 2014	$ 146,571	$ 18,855	$ 218,394	$ (11,688)	$ (78,990)
Stockholders' Equity [Roll Forward]
Net income	16,658				16,658
Issuances under option plans	1,438	79	1,359
Dividend reinvestment plan	77	3	74
Restricted stock vested	0	67	(67)
Restricted stock and stock option grants	1,668	11	1,657
Tax benefit from options	215		215
Foreign currency translation adjustment	(20,885)			(20,885)
Repurchase of common stock	(6,577)	(241)	(6,336)
Stock contributions	148	5	143
Shares withheld for employee taxes on equity awards	(975)	(18)	(957)
Dividends declared - $.27 per share	(8,390)				(8,390)
Ending balance at Jun. 30, 2015	$ 129,948	$ 18,761	$ 214,482	$ (32,573)	$ (70,722)

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in dollars per share)	$ 0.135	$ 0.13	$ 0.27	$ 0.26

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash Flows from Operating Activities
Net income	$ 16,658	$ 6,429
Income (loss) from discontinued operations, net of income taxes	3,111	(4,661)
Income from continuing operations	13,547	11,090
Income (loss) from discontinued operations, net of income taxes
Depreciation	13,290	11,030
Amortization	5,279	1,461
Non-cash stock compensation	1,638	1,593
Provision for loss on accounts receivable	83	550
(Gain) loss from asset dispositions	(56)	(139)
Tax benefit from options	(215)	(658)
Other	(147)	(200)
Payments on performance based compensation	(1,332)	(1,293)
Other long-term liabilities	2,497	1,244
Cash flows used for working capital:
Accounts receivable	(12,918)	(10,386)
Inventories	(4,020)	(10,890)
Prepaid expenses and other assets	2,511	337
Accounts payable and accrued expenses	(23,420)	(10,965)
Net cash used for operating activities-continuing operations	(2,969)	(6,826)
Net cash used for operating activities-discontinued operations	(11,672)	(14,200)
Net cash used for operating activities	(14,641)	(21,026)
Net cash used for operating activities-continuing operations
Net cash used for operating activities-discontinued operations	(9,381)	(6,971)
Proceeds from sale of property, plant and equipment	36	85
Proceeds from sale of business	69,787	0
Net cash provided by (used for) investing activities - continuing operations	60,442	(6,886)
Net cash provided by (used for) investing activities - discontinued operations	(581)	14,531
Net cash provided by investing activities	59,861	7,645
Other
Proceeds from long-term debt	0	89,000
Net borrowing (repayment) on credit facility	(31,548)	4,300
Cash dividends paid	(8,367)	(7,480)
Proceeds from issuance of common stock	1,515	2,126
Repayment of long-term debt	215	658
Repurchase of common stock	(6,577)	(44,399)
Shares withheld for employee taxes on equity awards	(975)	(1,083)
Deferred financing costs	0	(538)
Net cash provided by (used for) financing activities - continuing operations	(45,737)	42,584
Net cash used for financing activities - discontinued operations	0	0
Net cash provided by (used for) financing activities	(45,737)	42,584
Foreign Exchange Rate Effect on Cash	(272)	50
Net increase (decrease) in cash	(789)	29,253
Cash at January 1	4,676	6,539
Cash at June 30	3,887	35,792
Interest	5,833	767
Income taxes	$ 5,552	$ 10,362

Statement of Accounting Policie

Statement of Accounting Policies	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Statement of Accounting Policy	Statement of Accounting Policies Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Myers Industries, Inc. and all wholly owned subsidiaries (collectively, the “Company”), and have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures are adequate to make the information not misleading. These interim financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014. In the opinion of the Company, the accompanying financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position as of June 30, 2015 , and the results of operations and cash flows for the periods presented. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results of operations that will occur for the year ending December 31, 2015 . Recent Accounting Pronouncements In April 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-03, Interest- Imputation of Interest (Subtopic 835-03) - Simplifying the Presentation of Debt Issuance Costs which requires unamortized debt issuance costs to be presented as a reduction of the corresponding debt liability rather than a separate asset. ASU 2015-03 will be adopted on the effective date for the Company, which is January 1, 2016. The adoption of this standard is not expected to have a material impact on the Company's financial statements. In August 2014, the FASB issued ASU 2014-15, Disclosure of Uncertainties About an Entity’s Ability to Continue as a Going Concern . The new standard provides guidance on determining when and how to disclose going concern uncertainties in the financial statements. Under ASU 2014-15, management will be required to perform interim and annual assessments of the Company’s ability to continue as a going concern within one year of the date the financial statements are issued. ASU 2014-15 is effective for annual periods ending after December 15, 2016, and interim periods thereafter, with early adoption permitted. The adoption of this standard is not expected to have an impact on the Company’s financial statement disclosures. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers , to clarify the principles used to recognize revenue for all entities. Under ASU 2014-09, a company will recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the company expects to be entitled in exchange for those goods or services. The new guidance is effective for the Company on January 1, 2018 with early adoption not permitted. Companies can transition to the standard either retrospectively or as a cumulative-effect adjustment as of the date of adoption. The Company is currently evaluating the impact the adoption of this guidance will have on its consolidated financial statements as well as the method by which the Company will adopt the new standard. In April 2014, the FASB issued ASU 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity . This guidance states that the disposal of a component of an entity is to be reported in discontinued operations only if the disposal represents a strategic shift that has (or will have) a major effect on an entity’s operations and financial results. The pronouncement also requires additional disclosures regarding individually significant disposals of components that do not meet the criteria to be recognized as a discontinued operation. This ASU is effective for the Company for applicable transactions occurring after January 1, 2015. We will prospectively apply the guidance to applicable transactions. Translation of Foreign Currencies All asset and liability accounts of consolidated foreign subsidiaries are translated at the current exchange rate as of the end of the accounting period and income statement items are translated monthly at an average currency exchange rate for the period. The resulting translation adjustment is recorded in other comprehensive income (loss) as a separate component of shareholders' equity. Fair Value Measurement The Company follows guidance included in ASC 820, Fair Value Measurements and Disclosures ("ASC 820"), for its financial assets and liabilities, as required. The guidance established a common definition for fair value to be applied under U.S. GAAP requiring the use of fair value, established a framework for measuring fair value, and expanded disclosure requirements about such fair value measurements. The guidance did not require any new fair value measurements, but rather applied to all other accounting pronouncements that require or permit fair value measurements. Under ASC 820, the hierarchy that prioritizes the inputs to valuation techniques used to measure fair value is divided into three levels: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active or inputs that are observable either directly or indirectly. Level 3: Unobservable inputs for which there is little or no market data or which reflect the entity’s own assumptions. The fair value of the Company’s cash, accounts receivable, accounts payable and accrued expenses are considered to approximate carrying value due to the nature and relative short maturity of these assets and liabilities. The fair value of debt under the Company’s Loan Agreement approximates carrying value due to the floating rates and relative short maturity (less than 90 days) of the revolving borrowings under this agreement. The fair value of the Company’s fixed rate senior unsecured notes was estimated using market observable inputs for the Company’s comparable peers with public debt, including quoted prices in active markets and interest rate measurements which are considered level 2 inputs. At June 30, 2015 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $104.2 million . At December 31, 2014 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $106.8 million . Revenue Recognition The Company recognizes revenues from the sale of products, net of actual and estimated returns, at the point of passage of title and risk of loss, which is generally at time of shipment, and collectability of the fixed or determinable sales price is reasonably assured. Accumulated Other Comprehensive Loss The balances in the Company’s accumulated other comprehensive income (loss) ("AOCI") as of June 30, 2015 and June 30, 2014 are as follows: Foreign Currency Defined Benefit Pension Plans Total Balance at January 1, 2014 $ 3,493 $ (1,066 ) $ 2,427 Other comprehensive income 54 — 54 Balance at March 31, 2014 3,547 (1,066 ) 2,481 Other comprehensive income 2,804 — 2,804 Balance at June 30, 2014 $ 6,351 $ (1,066 ) $ 5,285 Balance at January 1, 2015 $ (9,825 ) $ (1,863 ) $ (11,688 ) Other comprehensive loss (12,519 ) — (12,519 ) Amounts reclassified from accumulated other comprehensive income* (10,491 ) — (10,491 ) Net other comprehensive income (loss) (23,010 ) — (23,010 ) Balance at March 31, 2015 (32,835 ) (1,863 ) (34,698 ) Other comprehensive income 2,125 — 2,125 Balance at June 30, 2015 $ (30,710 ) $ (1,863 ) $ (32,573 ) * Cumulative translation adjustment associated with the sale of the Lawn and Garden group was included in the carrying value of assets disposed of. Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents. Cash equivalents are stated at cost, which approximates market value. The Company maintains operating cash and reserves for replacement balances in financial institutions which, from time to time, may exceed federally insured limits. The Company periodically assesses the financial condition of these institutions and believes that the risk of loss is minimal.

Acquisitions

Acquisitions	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Acquisitions	Acquisition On July 2, 2014, CA Acquisition Inc., now known as Scepter Canada Inc. and a wholly-owned subsidiary of Myers Industries, Inc., completed the purchase of substantially all of the assets and assumption of certain liabilities of Scepter Corporation and certain real property of SHI Properties Inc., both located in Scarborough, Ontario, Canada. Contemporaneously with the asset acquisition, Crown US Acquisition Company, now known as Scepter US Holding Company and another wholly-owned subsidiary of Myers Industries, Inc., completed the purchase of all of the issued and outstanding membership interests of Eco One Leasing, LLC and Scepter Manufacturing, LLC, both located in Miami, Oklahoma. Eco One Leasing, LLC was subsequently merged into Scepter Manufacturing, LLC. The total purchase price for these acquisitions (collectively, “Scepter”) was approximately $156.6 million in cash, which includes a final working capital adjustment. The acquisition of Scepter was funded from net proceeds from additional borrowings of approximately $134.1 million under the Fourth Amended and Restated Loan Agreement and cash on hand of $22.5 million . The acquisition of Scepter strengthens and expands the Company's position as an industry leading producer of portable marine fuel containers, portable fuel and water containers and accessories, ammunition containers, storage totes and environmental bins for the marine, military, consumer and industrial markets. The acquisition of Scepter is consistent with the Company's business strategy and the products fit well with the Company's overall portfolio. The operating results of Scepter have been included within our Condensed Consolidated Statement of Income (Unaudited) and within the Company's Material Handling Segment since the date of acquisition. The Company accounted for the acquisition of Scepter using the acquisition method of accounting, which requires among other things, the assets acquired and liabilities assumed be recognized at their respective fair values as of the acquisition date. As of June 30, 2015, the purchase price allocation is complete. Adjustments to the purchase price allocation during 2015 were not material. Scepter's assets and liabilities are recorded at fair value as of the date of acquisition using primarily level 3 fair value inputs. The purchase consideration, related final allocations, and resulting excess over fair value of net assets acquired are as follows: Assets acquired: Current assets $ 34,572 Property, plant and equipment 44,613 Intangible assets 66,500 Assets acquired $ 145,685 Liabilities assumed: Current liabilities $ 8,577 Total liabilities assumed 8,577 Goodwill 19,512 Total consideration $ 156,620 Goodwill is calculated as the excess of the consideration transferred over the assets acquired and liabilities assumed and represents the future economic benefits arising from other assets acquired that could not be individually identified and separately recognized. The Company expects that approximately $14.6 million of goodwill recognized for the acquisition will be deductible for tax purposes in Canada. Identifiable intangible assets acquired in connection with the acquisition of Scepter are as follows: Estimated Fair Value Useful Life Valuation Method Intangible assets not subject to amortization: Trademarks and trade names $ 8,900 Indefinite Relief from royalty Intangible assets subject to amortization: Technology 22,300 10 years Relief from royalty Customer relationships 35,300 6 years Multi-period excess earnings 57,600 Total $ 66,500 The following unaudited pro forma information presents a summary of the consolidated results of operations for the Company as if the acquisition of Scepter had occurred on January 1, 2014: For the Three Months Ended For the Six Months Ended June 30, 2014 June 30, 2014 Net sales $ 179,563 $ 354,665 Net income from continuing operations $ 8,587 $ 14,903 Net income per share from continuing operations: Basic $ 0.26 $ 0.45 Diluted $ 0.26 $ 0.45 The unaudited pro forma consolidated results are based on the Company’s historical financial statements and those of Scepter and do not necessarily indicate the results of operations that would have resulted had the acquisition actually been completed at the beginning of the applicable period presented. The pro forma financial information assumes that the companies were combined as of January 1, 2014. The pro forma results reflect the business combination accounting effects from the acquisition including amortization charges from the acquired intangible assets, inventory purchase accounting adjustments charged to cost of sales as the inventory is sold and increased interest expense associated with debt incurred to fund the acquisition. The unaudited pro forma consolidated results do not give effect to the synergies of the acquisition and are not indicative of the results of operations in future periods.

Discontinued Operations

Discontinued Operations	6 Months Ended
	Jun. 30, 2015
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations On June 20, 2014, the Company completed the sale of the assets and associated liabilities of its wholly-owned subsidiaries WEK Industries, Inc. and Whiteridge Plastics LLC (collectively “WEK”) for approximately $20.7 million , which includes a working capital adjustment of approximately $0.8 million . Of the total proceeds from the sale of WEK, approximately $1.0 million are held in escrow to be received in December 2015. The Company recorded a gain on the sale of WEK of approximately $2.4 million , net of tax of $1.3 million in the second quarter of 2014 and was included in income (loss) from discontinued operations in the accompanying statement of income. WEK was previously reported as part of our former Engineered Products Segment. During the second quarter of 2014, the Company’s Board of Directors approved the commencement of the sale process to divest its Lawn and Garden business to allow it to focus resources on its core growth platforms. The Lawn and Garden business serves the North American horticulture market with plastic products such as seedling trays, nursery products, hanging baskets, custom print containers as well as decorative resin planters. The business was sold February 17, 2015 to an entity controlled by Wingate Partners V, L.P., a private equity firm, for $110.0 million , subject to a working capital adjustment. The sale of the Lawn & Garden business includes manufacturing facilities and offices located in: Twinsburg, Ohio; Middlefield, Ohio; Elyria, Ohio; Sparks, Nevada; Sebring, Florida; Brantford, Ontario and Burlington, Ontario. The terms of the agreement include a $90.0 million cash payment, promissory notes totaling $20.0 million that carry a five year maturity, a 6% interest rate and amounts placed in escrow. The fair market value of the notes receivable at June 30, 2015 was $17.9 million and is included in other assets in the accompanying consolidated balance sheet. The fair value of the notes receivable was calculated using level 2 inputs as defined in Note 1. A gain on the sale of the Lawn and Garden business of $3.8 million , net of tax, was recognized during the first six months of 2015 and is included in income (loss) from discontinued operations in the accompanying statement of income. Since the second quarter of 2014 and until the business was sold on February 17, 2015, the Lawn and Garden business met the held-for-sale criteria under the requirements of ASC 360. Accordingly, at December 31, 2014, the Company classified and accounted for the assets and liabilities of the Lawn and Garden business as held for sale in the accompanying Consolidated Statements of Financial Position and the operating results of Lawn and Garden and WEK for periods prior to the sale, net of tax, as discontinued operations in the accompanying Consolidated Statements of Income. In addition, the Company performed a fair value assessment of the Lawn and Garden business. The fair value, determined as sales price less cost to sell the business, was less than its carrying value at December 31, 2014, resulting in an $18.9 million impairment charge reported as discontinued operations in the Consolidated Statements of Income for the year ended December 31, 2014. Summarized selected financial information for the Lawn and Garden Segment and WEK for the three and six months ended June 30, 2015 and 2014, are presented in the following table: Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015* 2014 Net sales $ — $ 46,372 $ 29,335 $ 104,677 Loss from discontinued operations before income taxes $ — $ (4,427 ) $ (963 ) $ (10,666 ) Income tax expense (benefit) (563 ) (1,421 ) (309 ) (3,577 ) Income (loss) from discontinued operations 563 (3,006 ) (654 ) (7,089 ) Gain on sale of discontinued operations, inclusive of tax benefits of ($47) and ($2,238) for the three and six months ended June 30, 2015 and tax provision of $1,295 for the three and six months ended June 30, 2014 (69 ) 2,428 3,765 2,428 Income (loss) from discontinued operations, net of income taxes $ 494 $ (578 ) $ 3,111 $ (4,661 ) * Includes Lawn and Garden operating results through February 17, 2015. The tax benefit of $0.6 million recorded in the quarter ended June 30, 2015 represents the correction of an immaterial error in the first quarter of 2015. The assets and liabilities of discontinued operations are stated separately as of December 31, 2014, in the Condensed Consolidated Statements of Financial Position (Unaudited) and are comprised of the following items: December 31, 2014 Assets Accounts receivable-net $ 29,794 Inventories 50,951 Prepaid expenses and other current assets 1,709 Goodwill 9,107 Patents and other intangible assets, net 6,030 Property, plant and equipment, net 38,168 Net asset impairment* (18,858 ) Other 874 Total Assets Held for Sale $ 117,775 Liabilities Accounts payable $ 22,239 Accrued expenses and other liabilities 4,883 Total Liabilities Held for Sale $ 27,122 *Impairment includes cumulative translation credit adjustment associated with the Lawn and Garden group. The Lawn and Garden Segment restructuring plan, announced in July 2013, detailed the closure of two manufacturing plants: one in Brantford, Ontario and the second in Waco, Texas. The restructuring actions included closure, relocation and employee related costs. Through June 30, 2014, the Lawn and Garden Segment had incurred approximately $13.0 million of severance charges and personnel costs under its restructuring plans. Restructuring actions under the plan were substantially completed as of June 30, 2014.

Inventories

Inventories	6 Months Ended
	Jun. 30, 2015
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories are stated at the lower of cost or market. Approximately forty percent of the Company’s inventories use the last-in, first-out ("LIFO") method of determining cost. All other inventories are valued at the first-in, first-out ("FIFO") method of determining cost. An actual valuation of inventory under the LIFO method can be made only at the end of each year based on the inventory levels and costs at that time. Accordingly, interim LIFO calculations must necessarily be based on management’s estimates of expected year-end inventory levels and costs. Because these are subject to many factors beyond management’s control, estimated interim results, which were immaterial, are subject to change in the final year-end LIFO inventory valuation and therefore, no adjustment was recorded as of June 30, 2015 .

Other Accrued Expenses

Other Accrued Expenses	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Other Accrued Expenses	Other Accrued Expenses Other accrued expenses consisted of the following: June 30, 2015 December 31, 2014 Deposits and amounts due to customers $ 2,774 $ 10,591 Dividends payable 4,290 4,267 Accrued legal and professional fees 1,157 3,458 Other accrued expenses 9,210 7,856 $ 17,431 $ 26,172

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The change in goodwill for the six months ended June 30, 2015 was as follows: Segment Balance at December 31, 2014 Measurement Period Adjustments Foreign Currency Translation Balance at June 30, 2015 Material Handling $ 66,134 $ (300 ) $ (3,786 ) $ 62,048 Distribution 505 — — 505 $ 66,639 $ (300 ) $ (3,786 ) $ 62,553 Intangible assets other than goodwill primarily consist of trade names, customer relationships, patents and technology assets established in connection with acquisitions. These intangible assets, other than certain trade names, are amortized over their estimated useful lives. The Company has indefinite lived trade names which had a carrying value of $11.1 million and $11.3 million at June 30, 2015 and December 31, 2014, respectively.

Net Income Per Common Share

Net Income Per Common Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Net Income Per Common Share Net income per common share, as shown on the Condensed Consolidated Statements of Income (Unaudited), is determined on the basis of the weighted average number of common shares outstanding during the period as follows: Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Weighted average common shares outstanding Basic 30,968,269 32,425,994 31,004,779 32,892,864 Dilutive effect of stock options and restricted stock 316,646 536,796 337,324 494,245 Weighted average common shares outstanding diluted 31,284,915 32,962,790 31,342,103 33,387,109 Options to purchase 381,733 shares of common stock that were outstanding for both the three and six month periods ended June 30, 2015 , were not included in the computation of diluted earnings per share as the exercise prices of these options were greater than the average market price of common shares, and were therefore anti-dilutive. Options to purchase 199,500 shares of common stock that were outstanding for both the three and six month periods ended June 30, 2014 , were not included in the computation of diluted earnings per share as the exercise prices of these options were greater than the average market price of common shares and were therefore anti-dilutive.

Stock Compensation

Stock Compensation	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Compensation	Stock Compensation The Company’s Amended and Restated 2008 Incentive Stock Plan (the “2008 Plan”) authorizes the Compensation Committee of the Board of Directors to issue up to 4,000,000 shares of various types of stock based awards including stock options, restricted stock and stock appreciation rights to key employees and directors. In general, options granted and outstanding vest over a three year period and expire ten years from the date of grant. The Company recorded stock compensation expense of approximately $0.7 million and $0.8 million for the three months ended June 30, 2015 and 2014 , respectively. The Company recorded stock compensation expense of approximately $1.6 million for both six month periods ended June 30, 2015 and 2014 . These expenses are included in SG&A expenses in the accompanying Condensed Consolidated Statements of Income (Unaudited). Total unrecognized compensation cost related to non-vested share based compensation arrangements at June 30, 2015 was approximately $5.3 million which will be recognized over the next three years, as such compensation is earned. In March 2015, stock options for 208,200 shares were granted with a three year vesting period. The fair value of options granted is estimated using a binomial lattice option pricing model based on assumptions set forth in the following table. The Company uses historical data to estimate employee exercise and departure behavior. The risk free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant and through the expected term. The dividend yield rate is based on the Company’s historical dividend yield. The expected volatility is derived from historical volatility of the Company’s shares and those of similar companies measured against the market as a whole. Model Risk free interest rate 2.10 % Expected dividend yield 2.90 % Expected life of award (years) 8.0 Expected volatility 50.00 % Fair value per option share $ 6.03 The following table provides a summary of stock option activity for the period ended June 30, 2015 : Shares Average Weighted Outstanding at January 1, 2015 1,512,756 $ 13.24 Options granted 208,200 18.67 Options exercised (96,161 ) 12.53 Canceled or forfeited (60,734 ) 17.01 Outstanding at June 30, 2015 1,564,061 $ 13.86 5.38 years Exercisable at June 30, 2015 1,172,492 $ 12.29 4.61 years The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option. The total intrinsic value of all stock options exercised during the three months ended June 30, 2015 and 2014 was approximately $0.1 million and $0.2 million , respectively. The total intrinsic value of all stock options exercised during the six months ended June 30, 2015 and 2014 was approximately $0.6 million and $1.4 million , respectively. In March 2015, 93,500 Restricted Stock Unit ("RSU") Awards were granted with a three year vesting period. The RSUs had a grant date fair value of $18.69 per share, which was the closing price of the common stock on the date of grant. The following table provides a summary of combined RSU and restricted stock activity for the period ended June 30, 2015 : Awards Average Grant-Date Fair Value Unvested at January 1, 2015 236,196 Granted 93,500 $ 18.69 Vested (132,969 ) 15.40 Canceled or forfeited (22,265 ) 18.72 Unvested at June 30, 2015 174,462 $ 18.60 Restricted stock units are rights to receive shares of common stock, subject to forfeiture and other restrictions, which vest over a three year period. Restricted shares are considered to be non-vested shares under the accounting guidance for share-based payment and are not reflected as issued and outstanding shares until the restrictions lapse. At that time, the shares are released to the grantee and the Company records the issuance of the shares. Restricted stock awards are valued based on the market price of the underlying shares on the grant date. Compensation expense is recognized on a straight-line basis over the requisite service period. At June 30, 2015 , restricted stock awards had vesting periods up through March 2018 .

Contingencies

Contingencies	6 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies The Company is a defendant in various lawsuits and a party to various other legal proceedings, in the ordinary course of business, some of which are covered in whole or in part by insurance. New Idria Mercury Mine Effective October 2011, the U.S. Environmental Protection Agency (“EPA”) added the New Idria Mercury Mine site located near Hollister, California to the Superfund National Priorities List because of alleged contaminants discharged to California waterways. The New Idria Quicksilver Mining Company, founded in 1936, and later renamed the New Idria Mining & Chemical Company ("NIMCC") owned and/or operated the New Idria Mine through 1976. In 1981 NIMCC, after another name change, was merged into Buckhorn Metal Products Inc. which was subsequently acquired by Myers Industries in 1987. The EPA contends that past mining operations have resulted in mercury contamination and acid mine drainage at the mine site, in the San Carlos Creek, Silver Creek and a portion of Panoche Creek, and that other downstream locations may also be impacted. As of the date of this disclosure, no formal claim or allegation relating to the New Idria Mine Site against the Company or its subsidiary Buckhorn Inc. ("Buckhorn") has been received. However, since Buckhorn may be a potentially responsible party (“PRP”) at the New Idria Mercury Mine, the Company recognized an expense of $1.9 million , on an undiscounted basis, in 2011 related to performing a remedial investigation and feasibility study to determine the extent of remediation and the screening of alternatives. Payments of approximately $0.9 million have been made and charged against the reserve classified in Other Liabilities on the Consolidated Statements of Financial Position as of June 30, 2015 . As the investigation and remediation proceed, it is possible that adjustments to the reserved expense will be necessary to reflect new information. Estimates of the Company’s liability are based on current facts, laws, regulations and technology. Estimates of the Company’s environmental liabilities are further subject to uncertainties regarding the nature and extent of site contamination, the range of remediation alternatives available, evolving remediation standards, imprecise engineering evaluation and cost estimates, the extent of remedial actions that may be required, the number and financial condition of other PRPs as well as the extent of their responsibility for the remediation, and the availability of insurance coverage for these expenses. At this time, further remediation cost estimates are not known and have not been prepared. In November 2011, the EPA completed an interim removal project at the New Idria Mercury Mine site. It is expected this removal action will be part of the final remediation strategy for the site. According to informal reports, EPA’s interim removal project costs were approximately $0.5 million . The Company and Buckhorn have received indications that the EPA intends to seek recovery of the costs of this work and other past costs from the Company and Buckhorn and to initiate the administrative processes whereby the Company and/or Buckhorn would perform the remedial investigation and feasibility study described above. Guadelupe River Watershed TMDL A number of parties, including the Company and its subsidiary, Buckhorn, were identified in a planning document adopted in October 2008 by the California Regional Water Quality Control Board, San Francisco Bay Region (“RWQCB”). The planning document relates to the presence of mercury, including amounts contained in mining wastes, in and around the Guadalupe River Watershed (“Watershed”) region in Santa Clara County, California and specifically to the development of a "total maximum daily load" ("TMDL") for mercury deposits into the Watershed. The RWQCB has since completed the development and adoption of the Watershed mercury TMDL. Buckhorn has previously been alleged to be a successor in interest to NIMCC, which owned property and performed mining operations in a portion of the Watershed area. The Company has not been contacted by the RWQCB or by other parties who have been involved in Watershed clean-up efforts that have been initiated as a result of the adoption of the TMDL. Although assertion of a claim by the RWQCB or another party involved in this clean up effort is reasonably possible, it is not possible at this time to estimate the amount of any obligation the Company may incur for these cleanup efforts within the Watershed region, or whether such cost would be material to the Company’s consolidated financial statements. Other Buckhorn and Schoeller Arca Systems, Inc. (“SAS”) were plaintiffs in a patent infringement lawsuit against Orbis Corp. and Orbis Material Handling, Inc. (“Orbis”) for alleged breach by Orbis of an exclusive patent license agreement from SAS to Buckhorn. SAS is an affiliate of Schoeller Arca Systems Services B.V. (“SASS B.V.”), a Dutch company. SAS manufactures and sells plastic returnable packaging systems for material handling. In the course of the litigation, it was discovered that SAS had given a patent license agreement to a predecessor of Orbis that pre-dated the one that SAS sold to Buckhorn. As a result, judgment was entered in favor of Orbis, and the court awarded attorney fees and costs to Orbis in the amount of $3.1 million , plus interest and costs. In May 2014, Orbis made demand to SAS that SAS pay the judgment in full, and subsequently in July 2014, Orbis made the same demand to Buckhorn. Although the range of exposure was $0 - $3.1 million , plus interest, Buckhorn’s responsibility as a co-judgment debtor was not specified. Buckhorn believed it was not responsible for any of the judgment because it was not a party to the Orbis license. Buckhorn has aggressively pursued any and all legal actions both with respect to appealing the judgment, requesting SAS be named solely responsible for payment of the judgment, as well as pursued SAS and SASS B.V. for fraudulently selling an exclusive patent license they could not sell. In August 2014, SASS B.V. informed Buckhorn that SAS may not have the financial ability to pay the judgment and provided financial statements to Buckhorn indicating SAS was in financial distress and while SASS B.V was financially stable, the award is against SAS, not SASS B.V. Given the uncertainty of SAS’s financial ability to meet the obligation and the entry of the judgment based on joint and several liability, Myers recorded an expense of $3.0 million during the third quarter of 2014 for the entire amount of the unpaid judgment, despite the belief the Company would ultimately be successful in the appeal and suing SAS and SASS B.V. The United States Court of Appeals for the Federal Circuit reversed the judgment against Buckhorn on July 2, 2015, and found that Buckhorn was not liable to Orbis for any portion of the judgment entered in favor of Orbis. Accordingly, Myers reversed the accrual of $3.0 million during the quarter ended June 30, 2015, which was reflected as a reduction of selling, general and administrative expenses. Orbis has filed a petition for rehearing with the Federal Circuit Court of Appeals, but at this time the judgment remains the sole responsibility of SAS. When management believes that a loss arising from these matters is probable and can reasonably be estimated, we record the amount of the estimated loss, or the minimum estimated liability when the loss is estimated using a range, and no point within the range is more probable of occurrence than another. As additional information becomes available, any potential liability related to these matters will be assessed and the estimates will be revised, if necessary. Based on current available information, management believes that the ultimate outcome of these matters will not have a material adverse effect on our financial position, cash flows or overall trends in our results of operations. However, these matters are subject to inherent uncertainties, and unfavorable rulings could occur. If an unfavorable ruling were to occur, there exists the possibility of a material adverse impact on the financial position and results of operations of the period in which the ruling occurs, or in future periods.

Debt

Debt	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure	Long-Term Debt and Loan Agreement Long-term debt consisted of the following: June 30, December 31, 2015 2014 Loan Agreement $ 101,977 $ 137,109 4.67% Senior Unsecured Notes due 2021 40,000 40,000 5.25% Senior Unsecured Notes due 2024 11,000 11,000 5.30% Senior Unsecured Notes due 2024 29,000 29,000 5.45% Senior Unsecured Notes due 2026 20,000 20,000 201,977 237,109 Less unamortized deferred financing fees 592 680 $ 201,385 $ 236,429 On December 13, 2013, the Company entered into a Fourth Amended and Restated Loan Agreement (the “Loan Agreement”). The Loan Agreement provided for a $200 million senior revolving credit facility expiring on December 13, 2018. In addition, on May 30, 2014, the Company entered into a First Amendment to the Loan Agreement (the "Loan Amendment"). The Loan Amendment increased the senior revolving credit facility from $200 million to $300 million through December 2018 and provided for an additional subsidiary of the Company as a borrower and as a guarantor of the credit facility. On July 2, 2014, the Company borrowed approximately $135.3 million under the Loan Agreement to fund the acquisition of Scepter. Amounts borrowed under the agreement are secured by pledges of stock of certain of our foreign and domestic subsidiaries. Under the terms of the Loan Agreement, the Company may borrow up to $300 million , reduced for letters of credit issued. As of June 30, 2015 , the Company had $193.7 million available under the Loan Agreement. The Company also had $4.3 million of letters of credit issued related to insurance and other financing contracts in the ordinary course of business at June 30, 2015 . Borrowings under the Loan Agreement bear interest at the LIBOR rate, prime rate, federal funds effective rate, the Canadian deposit offered rate, or the eurocurrency reference rate depending on the type of loan requested by the Company, in each case plus the applicable margin as set forth in the Loan Agreement. The average interest rate on borrowings under our loan agreements for the three and six months ended June 30, 2015 were 4.61% and 4.58% . The average interest rate on borrowings under our loan agreements for the three and six months ended June 30, 2014 were 4.05% and 4.68% . The average interest rate calculation includes a quarterly facility fee on the used and unused portion. Long-term debt at June 30, 2015 and December 31, 2014 includes $0.6 million and $0.7 million , respectively, of unamortized deferred financing costs, which are accounted for as debt valuation accounts.

Retirement Plans

Retirement Plans	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Retirement Plans	Retirement Plans The Company and certain of its subsidiaries have pension and profit sharing plans covering substantially all of their employees. The Company’s frozen defined benefit pension plan ("The Pension Agreement between Akro-Mils and United Steelworkers of America Local No. 1761-02") provides benefits primarily based upon a fixed amount for each year of service as of the date the plan was frozen. Net periodic pension cost are as follows: Three Months Ended Six Months Ended 2015 2014 2015 2014 Interest cost $ 68 $ 70 $ 136 $ 140 Expected return on assets (83 ) (93 ) (166 ) (185 ) Amortization of actuarial net loss 22 11 44 22 Net periodic pension (benefit) cost $ 7 $ (12 ) $ 14 $ (23 ) Company contributions $ 70 $ 72 $ 148 $ 152 The Company does not anticipate additional contributions to its pension plan in the second half of 2015.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The total amount of gross unrecognized tax benefit that would reduce the Company's effective tax rates at June 30, 2015 and June 30, 2014 , was $0.5 million and $1.5 million , respectively. Accrued interest expense included within accrued income taxes in the Company's Condensed Consolidated Statements of Financial Position (Unaudited) was approximately $0.1 million at both June 30, 2015 and December 31, 2014 . The June 30, 2015 balance of unrecognized tax benefits includes approximately $0.5 million of unrecognized tax benefits for which it is reasonably possible that they will be recognized within the next twelve months. The Company and its subsidiaries file U.S. Federal, state and local, and non-U.S. income tax returns. As of June 30, 2015 , the Company is no longer subject to U.S. Federal examination by tax authorities for tax years before 2011. The Company is subject to state and local examinations for tax years of 2010 through 2014. In addition, the Company is subject to non-U.S. income tax examinations for tax years of 2009 through 2014.

Segment Information

Segment Information	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Segment Information	Segment Information The Company currently manages its business under two reportable operating segments: Material Handling and Distribution. None of the reportable segments include operating segments that have been aggregated. Some of these segments contain individual business components that have been aggregated on the basis of common management, customers, products, production processes and other economic characteristics. The Company accounts for intersegment sales and transfers at cost plus a specified mark-up. Income before income taxes for each business segment is based on net sales less cost of products sold, and the related selling, general and administrative expenses. In computing business segment operating income, general corporate overhead expenses and interest expenses are not included. Material Handling The Material Handling Segment manufactures a broad selection of plastic reusable containers, pallets, small parts bins, bulk shipping containers, storage and organization products and rotationally-molded plastic tanks for water, fuel and waste handling. This segment conducts its primary operations in the United States, but also operates in Brazil and Canada. Markets served encompass various niches of industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, recreational vehicles, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer, and others. Products are sold both directly to end-users and through distributors. Distribution The Distribution Segment is engaged in the distribution of equipment, tools, and supplies used for tire servicing and automotive undervehicle repair and the manufacture of tire repair and retreading products. The product line includes categories such as tire valves and accessories, tire changing and balancing equipment, lifts and alignment equipment, service equipment and tools, and tire repair/retread supplies. The Distribution Segment operates domestically through sales offices, and four regional distribution centers in the United States and in foreign countries through export sales. In addition, the Distribution Segment operates directly in certain foreign markets, principally Central America, through foreign branch operations. Markets served include retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders, and government agencies. Summarized segment detail for the three and six months ended June 30, 2015 and 2014 are presented in the following table: Three Months Ended June 30, Six Months Ended June 30, Net Sales 2015 2014 2015 2014 Material Handling $ 115,774 $ 103,046 $ 228,055 $ 209,723 Distribution 48,592 49,789 92,697 93,672 Inter-company Sales (31 ) (51 ) (69 ) (126 ) $ 164,335 $ 152,784 $ 320,683 $ 303,269 Three Months Ended June 30, Six Months Ended June 30, Income (Loss) From Continuing Operations Before Income Taxes 2015 2014 2015 2014 Material Handling $ 20,846 $ 11,533 $ 34,253 $ 24,305 Distribution 4,508 5,053 7,999 8,583 Corporate (5,612 ) (5,300 ) (15,794 ) (12,719 ) Interest expense - net (2,467 ) (1,667 ) (5,169 ) (3,251 ) $ 17,275 $ 9,619 $ 21,289 $ 16,918 Identifiable Assets June 30, 2015 December 31, 2014 Material Handling $ 370,769 $ 370,501 Distribution 64,560 57,523 Corporate 30,985 19,034 Discontinued operations — 117,775 $ 466,314 $ 564,833

Statement of Accounting Polic22

Statement of Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	Basis of Presentation The accompanying unaudited condensed consolidated financial statements include the accounts of Myers Industries, Inc. and all wholly owned subsidiaries (collectively, the “Company”), and have been prepared without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. generally accepted accounting principles ("GAAP") have been condensed or omitted pursuant to those rules and regulations, although the Company believes that the disclosures are adequate to make the information not misleading. These interim financial statements should be read in conjunction with the financial statements and notes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2014. In the opinion of the Company, the accompanying financial statements contain all adjustments (consisting of only normal recurring accruals) necessary to present fairly the financial position as of June 30, 2015 , and the results of operations and cash flows for the periods presented. The results of operations for the three and six months ended June 30, 2015 are not necessarily indicative of the results of operations that will occur for the year ending December 31, 2015 .
Translation of Foreign Currencies	Translation of Foreign Currencies All asset and liability accounts of consolidated foreign subsidiaries are translated at the current exchange rate as of the end of the accounting period and income statement items are translated monthly at an average currency exchange rate for the period. The resulting translation adjustment is recorded in other comprehensive income (loss) as a separate component of shareholders' equity.
Fair Value Measurement	Fair Value Measurement The Company follows guidance included in ASC 820, Fair Value Measurements and Disclosures ("ASC 820"), for its financial assets and liabilities, as required. The guidance established a common definition for fair value to be applied under U.S. GAAP requiring the use of fair value, established a framework for measuring fair value, and expanded disclosure requirements about such fair value measurements. The guidance did not require any new fair value measurements, but rather applied to all other accounting pronouncements that require or permit fair value measurements. Under ASC 820, the hierarchy that prioritizes the inputs to valuation techniques used to measure fair value is divided into three levels: Level 1: Unadjusted quoted prices in active markets for identical assets or liabilities. Level 2: Unadjusted quoted prices in active markets for similar assets or liabilities, unadjusted quoted prices for identical or similar assets or liabilities in markets that are not active or inputs that are observable either directly or indirectly. Level 3: Unobservable inputs for which there is little or no market data or which reflect the entity’s own assumptions. The fair value of the Company’s cash, accounts receivable, accounts payable and accrued expenses are considered to approximate carrying value due to the nature and relative short maturity of these assets and liabilities. The fair value of debt under the Company’s Loan Agreement approximates carrying value due to the floating rates and relative short maturity (less than 90 days) of the revolving borrowings under this agreement. The fair value of the Company’s fixed rate senior unsecured notes was estimated using market observable inputs for the Company’s comparable peers with public debt, including quoted prices in active markets and interest rate measurements which are considered level 2 inputs. At June 30, 2015 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $104.2 million . At December 31, 2014 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $106.8 million .
Revenue Recognition	Revenue Recognition The Company recognizes revenues from the sale of products, net of actual and estimated returns, at the point of passage of title and risk of loss, which is generally at time of shipment, and collectability of the fixed or determinable sales price is reasonably assured.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid instruments purchased with a maturity of three months or less to be cash equivalents. Cash equivalents are stated at cost, which approximates market value. The Company maintains operating cash and reserves for replacement balances in financial institutions which, from time to time, may exceed federally insured limits. The Company periodically assesses the financial condition of these institutions and believes that the risk of loss is minimal.

Statement of Accounting Polic23

Statement of Accounting Policies (Tables)	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
The balances in the Company's accumulated other comprehensive income	Accumulated Other Comprehensive Loss The balances in the Company’s accumulated other comprehensive income (loss) ("AOCI") as of June 30, 2015 and June 30, 2014 are as follows: Foreign Currency Defined Benefit Pension Plans Total Balance at January 1, 2014 $ 3,493 $ (1,066 ) $ 2,427 Other comprehensive income 54 — 54 Balance at March 31, 2014 3,547 (1,066 ) 2,481 Other comprehensive income 2,804 — 2,804 Balance at June 30, 2014 $ 6,351 $ (1,066 ) $ 5,285 Balance at January 1, 2015 $ (9,825 ) $ (1,863 ) $ (11,688 ) Other comprehensive loss (12,519 ) — (12,519 ) Amounts reclassified from accumulated other comprehensive income* (10,491 ) — (10,491 ) Net other comprehensive income (loss) (23,010 ) — (23,010 ) Balance at March 31, 2015 (32,835 ) (1,863 ) (34,698 ) Other comprehensive income 2,125 — 2,125 Balance at June 30, 2015 $ (30,710 ) $ (1,863 ) $ (32,573 )

Acquisitions (Tables)

Acquisitions (Tables)	6 Months Ended
	Jun. 30, 2015
Business Combinations [Abstract]
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]	The purchase consideration, related final allocations, and resulting excess over fair value of net assets acquired are as follows: Assets acquired: Current assets $ 34,572 Property, plant and equipment 44,613 Intangible assets 66,500 Assets acquired $ 145,685 Liabilities assumed: Current liabilities $ 8,577 Total liabilities assumed 8,577 Goodwill 19,512 Total consideration $ 156,620
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]	Identifiable intangible assets acquired in connection with the acquisition of Scepter are as follows: Estimated Fair Value Useful Life Valuation Method Intangible assets not subject to amortization: Trademarks and trade names $ 8,900 Indefinite Relief from royalty Intangible assets subject to amortization: Technology 22,300 10 years Relief from royalty Customer relationships 35,300 6 years Multi-period excess earnings 57,600 Total $ 66,500
Business Acquisition, Pro Forma Information [Table Text Block]	The following unaudited pro forma information presents a summary of the consolidated results of operations for the Company as if the acquisition of Scepter had occurred on January 1, 2014: For the Three Months Ended For the Six Months Ended June 30, 2014 June 30, 2014 Net sales $ 179,563 $ 354,665 Net income from continuing operations $ 8,587 $ 14,903 Net income per share from continuing operations: Basic $ 0.26 $ 0.45 Diluted $ 0.26 $ 0.45

Discontinued Operations (Tables

Discontinued Operations (Tables)	6 Months Ended
	Jun. 30, 2015
Lawn and Garden Segment and WEK
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures	Summarized selected financial information for the Lawn and Garden Segment and WEK for the three and six months ended June 30, 2015 and 2014, are presented in the following table: Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015* 2014 Net sales $ — $ 46,372 $ 29,335 $ 104,677 Loss from discontinued operations before income taxes $ — $ (4,427 ) $ (963 ) $ (10,666 ) Income tax expense (benefit) (563 ) (1,421 ) (309 ) (3,577 ) Income (loss) from discontinued operations 563 (3,006 ) (654 ) (7,089 ) Gain on sale of discontinued operations, inclusive of tax benefits of ($47) and ($2,238) for the three and six months ended June 30, 2015 and tax provision of $1,295 for the three and six months ended June 30, 2014 (69 ) 2,428 3,765 2,428 Income (loss) from discontinued operations, net of income taxes $ 494 $ (578 ) $ 3,111 $ (4,661 ) * Includes Lawn and Garden operating results through February 17, 2015. The tax benefit of $0.6 million recorded in the quarter ended June 30, 2015 represents the correction of an immaterial error in the first quarter of 2015. The assets and liabilities of discontinued operations are stated separately as of December 31, 2014, in the Condensed Consolidated Statements of Financial Position (Unaudited) and are comprised of the following items: December 31, 2014 Assets Accounts receivable-net $ 29,794 Inventories 50,951 Prepaid expenses and other current assets 1,709 Goodwill 9,107 Patents and other intangible assets, net 6,030 Property, plant and equipment, net 38,168 Net asset impairment* (18,858 ) Other 874 Total Assets Held for Sale $ 117,775 Liabilities Accounts payable $ 22,239 Accrued expenses and other liabilities 4,883 Total Liabilities Held for Sale $ 27,122

Other Accrued Expenses (Tables)

Other Accrued Expenses (Tables)	6 Months Ended
	Jun. 30, 2015
Payables and Accruals [Abstract]
Schedule of Accounts Other Accrued Expenses	Other accrued expenses consisted of the following: June 30, 2015 December 31, 2014 Deposits and amounts due to customers $ 2,774 $ 10,591 Dividends payable 4,290 4,267 Accrued legal and professional fees 1,157 3,458 Other accrued expenses 9,210 7,856 $ 17,431 $ 26,172

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Jun. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
The change in goodwill	The change in goodwill for the six months ended June 30, 2015 was as follows: Segment Balance at December 31, 2014 Measurement Period Adjustments Foreign Currency Translation Balance at June 30, 2015 Material Handling $ 66,134 $ (300 ) $ (3,786 ) $ 62,048 Distribution 505 — — 505 $ 66,639 $ (300 ) $ (3,786 ) $ 62,553

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Weighted average number of common shares outstanding during the period	Net income per common share, as shown on the Condensed Consolidated Statements of Income (Unaudited), is determined on the basis of the weighted average number of common shares outstanding during the period as follows: Three Months Ended Six Months Ended June 30, June 30, 2015 2014 2015 2014 Weighted average common shares outstanding Basic 30,968,269 32,425,994 31,004,779 32,892,864 Dilutive effect of stock options and restricted stock 316,646 536,796 337,324 494,245 Weighted average common shares outstanding diluted 31,284,915 32,962,790 31,342,103 33,387,109

Stock Compensation (Tables)

Stock Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Fair Value of stock options granted assumptions used	The expected volatility is derived from historical volatility of the Company’s shares and those of similar companies measured against the market as a whole. Model Risk free interest rate 2.10 % Expected dividend yield 2.90 % Expected life of award (years) 8.0 Expected volatility 50.00 % Fair value per option share $ 6.03
Summary of stock option activity for the period	The following table provides a summary of stock option activity for the period ended June 30, 2015 : Shares Average Weighted Outstanding at January 1, 2015 1,512,756 $ 13.24 Options granted 208,200 18.67 Options exercised (96,161 ) 12.53 Canceled or forfeited (60,734 ) 17.01 Outstanding at June 30, 2015 1,564,061 $ 13.86 5.38 years Exercisable at June 30, 2015 1,172,492 $ 12.29 4.61 years
Summary of restricted stock activity for the period	The following table provides a summary of combined RSU and restricted stock activity for the period ended June 30, 2015 : Awards Average Grant-Date Fair Value Unvested at January 1, 2015 236,196 Granted 93,500 $ 18.69 Vested (132,969 ) 15.40 Canceled or forfeited (22,265 ) 18.72 Unvested at June 30, 2015 174,462 $ 18.60

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consisted of the following: June 30, December 31, 2015 2014 Loan Agreement $ 101,977 $ 137,109 4.67% Senior Unsecured Notes due 2021 40,000 40,000 5.25% Senior Unsecured Notes due 2024 11,000 11,000 5.30% Senior Unsecured Notes due 2024 29,000 29,000 5.45% Senior Unsecured Notes due 2026 20,000 20,000 201,977 237,109 Less unamortized deferred financing fees 592 680 $ 201,385 $ 236,429

Retirement Plans (Tables)

Retirement Plans (Tables)	6 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Net periodic pension cost	Net periodic pension cost are as follows: Three Months Ended Six Months Ended 2015 2014 2015 2014 Interest cost $ 68 $ 70 $ 136 $ 140 Expected return on assets (83 ) (93 ) (166 ) (185 ) Amortization of actuarial net loss 22 11 44 22 Net periodic pension (benefit) cost $ 7 $ (12 ) $ 14 $ (23 ) Company contributions $ 70 $ 72 $ 148 $ 152

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jun. 30, 2015
Segment Reporting [Abstract]
Schedule of Net Sales by Segment	Three Months Ended June 30, Six Months Ended June 30, Net Sales 2015 2014 2015 2014 Material Handling $ 115,774 $ 103,046 $ 228,055 $ 209,723 Distribution 48,592 49,789 92,697 93,672 Inter-company Sales (31 ) (51 ) (69 ) (126 ) $ 164,335 $ 152,784 $ 320,683 $ 303,269 Three Months Ended June 30, Six Months Ended June 30, Income (Loss) From Continuing Operations Before Income Taxes 2015 2014 2015 2014 Material Handling $ 20,846 $ 11,533 $ 34,253 $ 24,305 Distribution 4,508 5,053 7,999 8,583 Corporate (5,612 ) (5,300 ) (15,794 ) (12,719 ) Interest expense - net (2,467 ) (1,667 ) (5,169 ) (3,251 ) $ 17,275 $ 9,619 $ 21,289 $ 16,918
Schedule of Income Before Income Taxes by Segment	Three Months Ended June 30, Six Months Ended June 30, Income (Loss) From Continuing Operations Before Income Taxes 2015 2014 2015 2014 Material Handling $ 20,846 $ 11,533 $ 34,253 $ 24,305 Distribution 4,508 5,053 7,999 8,583 Corporate (5,612 ) (5,300 ) (15,794 ) (12,719 ) Interest expense - net (2,467 ) (1,667 ) (5,169 ) (3,251 ) $ 17,275 $ 9,619 $ 21,289 $ 16,918
Schedule of Indefinable Assets by Segment	Identifiable Assets June 30, 2015 December 31, 2014 Material Handling $ 370,769 $ 370,501 Distribution 64,560 57,523 Corporate 30,985 19,034 Discontinued operations — 117,775 $ 466,314 $ 564,833

Statement of Accounting Polic33

Statement of Accounting Policies (Details) - USD ($) $ in Thousands	3 Months Ended				6 Months Ended
	Jun. 30, 2015	Mar. 31, 2015	Jun. 30, 2014	Mar. 31, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	Dec. 31, 2013
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance		$ (11,688)			$ (11,688)
Total other comprehensive income (loss)	$ 2,125		$ 2,804		(20,885)	$ 2,858
Ending balance	(32,573)				(32,573)
Foreign Currency
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(32,835)	(9,825)	3,547	$ 3,493	(9,825)	3,493
Other comprehensive income	2,125	(12,519)	2,804	54
Amounts reclassified from accumulated other comprehensive income		(10,491)
Total other comprehensive income (loss)		(23,010)
Ending balance	(30,710)	(32,835)	6,351	3,547	(30,710)	6,351
Defined Benefit Pension Plans
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(1,863)	(1,863)	(1,066)	(1,066)	(1,863)	(1,066)
Other comprehensive income	0	0	0	0
Amounts reclassified from accumulated other comprehensive income		0
Total other comprehensive income (loss)		0
Ending balance	(1,863)	(1,863)	(1,066)	(1,066)	(1,863)	(1,066)
Accumulative Other Comprehensive Loss
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(34,698)	(11,688)	2,481	2,427	(11,688)	2,427
Other comprehensive income	2,125	(12,519)	2,804	54
Amounts reclassified from accumulated other comprehensive income		(10,491)
Total other comprehensive income (loss)		(23,010)
Ending balance	(32,573)	$ (34,698)	$ 5,285	$ 2,481	(32,573)	$ 5,285
Carrying (Reported) Amount, Fair Value Disclosure | Less unamortized deferred financing fees
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Notes Payable, Fair Value Disclosure	100,000				100,000			$ 100,000
Estimate of Fair Value, Fair Value Disclosure | Less unamortized deferred financing fees
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Notes Payable, Fair Value Disclosure	$ 104,200				$ 104,200		$ 106,800

Acquisitions (Details)

Acquisitions (Details) - Jul. 02, 2014 - Scepter acquisition - USD ($) $ in Millions	Total
Business Acquisition [Line Items]
Purchase price	$ 156.6
Company borrowed under loan agreement to fund Scepter acquisition	134.1
Payments to acquire Sceptor	22.5
Goodwill expected to be recognized	$ 14.6

Acquisitions (Recognized Identi

Acquisitions (Recognized Identified Asset Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014	Jul. 02, 2014
Business Acquisition [Line Items]
Goodwill	$ 62,553	$ 66,639
Scepter acquisition
Business Acquisition [Line Items]
Current assets			$ 34,572
Property, plant and equipment			44,613
Intangible assets			66,500
Assets acquired			145,685
Current liabilities			8,577
Total liabilities assumed			8,577
Goodwill			19,512
Total consideration			$ 156,620

Acquisitions (Intangibles Acqui

Acquisitions (Intangibles Acquired) (Details) - Jul. 02, 2014 - USD ($) $ in Thousands	Total
Scepter acquisition
Business Acquisition [Line Items]
Intangible assets acquired, subject to amortization	$ 57,600
Intangibles acquired	66,500
Trademarks and trade names | Scepter acquisition
Business Acquisition [Line Items]
Intangible assets acquired not subject to amortization	$ 8,900
Technology
Business Acquisition [Line Items]
Estimated useful life	10 years
Technology | Scepter acquisition
Business Acquisition [Line Items]
Intangible assets acquired, subject to amortization	$ 22,300
Customer relationships
Business Acquisition [Line Items]
Estimated useful life	6 years
Customer relationships | Scepter acquisition
Business Acquisition [Line Items]
Intangible assets acquired, subject to amortization	$ 35,300

Acquisitions (Proforma Informat

Acquisitions (Proforma Information) (Details) - Jun. 30, 2014 - USD ($) $ / shares in Units, $ in Thousands	Total	Total
Business Combinations [Abstract]
Net sales	$ 179,563	$ 354,665
Net income from continuing operations	$ 8,587	$ 14,903
Income per share from continuing operations, basic	$ 0.26	$ 0.45
Income per share from continuing operations, diluted	$ 0.26	$ 0.45

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	Feb. 17, 2015	Jun. 20, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Provision for loss (gain) on disposal				$ 1,295,000		$ 1,295,000
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Income (loss) from discontinued operations, net of income taxes			$ 494,000	(578,000)	$ 3,111,000	(4,661,000)
WEK
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture of businesses		$ 20,700,000
Adjustment to working capital		800,000
Proceeds from divestiture of businesses, held in escrow		$ 1,000,000
Tax (expense) benefit from provision for (gain) Loss on disposal				1,300,000
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Gain on sale of discontinued operations, inclusive of tax benefits of ($47) and ($2,238) for the three and six months ended June 30, 2015 and tax provision of $1,295 for the three and six months ended June 30, 2014				2,400,000
Lawn and Garden Segment and WEK
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Tax (expense) benefit from provision for (gain) Loss on disposal			47,000,000		2,238,000
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales			0	46,372,000	29,335,000	104,677,000
Loss from discontinued operations before income taxes			0	(4,427,000)	(963,000)	(10,666,000)
Income tax expense (benefit)			(563,000)	(1,421,000)	(309,000)	(3,577,000)
Income (loss) from discontinued operations			563,000	(3,006,000)	(654,000)	(7,089,000)
Gain on sale of discontinued operations, inclusive of tax benefits of ($47) and ($2,238) for the three and six months ended June 30, 2015 and tax provision of $1,295 for the three and six months ended June 30, 2014			(69,000)	2,428,000	3,765,000	2,428,000
Income (loss) from discontinued operations, net of income taxes			494,000	$ (578,000)	3,111,000	$ (4,661,000)
Assets of Disposal Group, Including Discontinued Operation [Abstract]
Accounts receivable-net							$ 29,794,000
Inventories							50,951,000
Prepaid expenses and other current assets							1,709,000
Goodwill							9,107,000
Patents and other intangible assets, net							6,030,000
Property, plant and equipment, net							38,168,000
Net asset impairment							(18,858,000)
Other							874,000
Total Assets Held for Sale							117,775,000
Liabilities of Disposal Group, Including Discontinued Operation [Abstract]
Accounts payable							22,239,000
Accrued expenses and other liabilities							4,883,000
Total Liabilities Held for Sale							27,122,000
Lawn and Garden Business
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Interest rate	6.00%
Proceeds from divestiture of businesses	$ 90,000,000
Amount of consideration received	110,000,000
Liabilities of Disposal Group, Including Discontinued Operation [Abstract]
Fair value of debt			$ 17,900,000		17,900,000
Gain sale of business					$ 3,800,000
Promissory note receivable	$ 20,000,000
Note receivable, term	5 years
Asset impairment charge							$ 18,900,000

Discontinued Operations (Restru

Discontinued Operations (Restructuring) (Details) $ in Millions	12 Months Ended
	Jun. 30, 2014USD ($)	Jul. 31, 2013facility
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of Manufacturing Plants		2
Lawn and Garden
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring Charges | $	$ 13

Inventories (Details)

Inventories (Details)	Jun. 30, 2015
Inventory Disclosure [Abstract]
Percentage of LIFO Inventory	40.00%

Other Accrued Expenses (Details

Other Accrued Expenses (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Deposits and amounts due to customers	$ 2,774	$ 10,591
Dividends payable	4,290	4,267
Accrued legal and professional fees	1,157	3,458
Other accrued expenses	9,210	7,856
Other accrued expenses, Total	$ 17,431	$ 26,172

Goodwill and Intangible Asset42

Goodwill and Intangible Assets (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2015USD ($)
Goodwill [Roll Forward]
Balance at December 31, 2014	$ 66,639
Measurement Period Adjustments	(300)
Foreign Currency Translation	(3,786)
Balance at June 30, 2015	62,553
Material Handling
Goodwill [Roll Forward]
Balance at December 31, 2014	66,134
Measurement Period Adjustments	(300)
Foreign Currency Translation	(3,786)
Balance at June 30, 2015	62,048
Distribution
Goodwill [Roll Forward]
Balance at December 31, 2014	505
Measurement Period Adjustments	0
Foreign Currency Translation	0
Balance at June 30, 2015	$ 505

Goodwill and Intangible Asset43

Goodwill and Intangible Assets (Intangibles) (Details) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Trade Names
Indefinite-lived Intangible Assets [Line Items]
Carrying value of indefinite-lived intangible assets	$ 11.1	$ 11.3

Net Income Per Common Share (De

Net Income Per Common Share (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Basic (in shares)	30,968,269	32,425,994	31,004,779	32,892,864
Dilutive effect of stock options and restricted stock (in shares)	316,646	536,796	337,324	494,245
Weighted average common shares outstanding diluted (in shares)	31,284,915	32,962,790	31,342,103	33,387,109

Net Income (Loss) Per Common 45

Net Income (Loss) Per Common Share Weighted average number of common shares outstanding during the period (Details) - shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options to purchase common stock outstanding (in shares)	381,733	199,500

Stock Compensation (Details)

Stock Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 05, 2014	Mar. 31, 2015	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years					3 years
Stock based compensation			$ 0.7	$ 0.8		$ 1.6
Options Granted (in shares)					208,200
The total intrinsic value of all stock options exercised			0.1	$ 0.2	$ 0.6	$ 1.4
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Period of expiration, term					10 years
Total unrecognized compensation cost related to non-vested share based compensation arrangements			$ 5.3		$ 5.3
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years		3 years
Granted (in shares)	93,500				93,500
Granted, Average Grant Date Fair Value (in dollars per share)	$ 18.69				$ 18.69
2008 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized for grant under plan (in shares)			4,000,000		4,000,000
Minimum [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years					3 years

Stock Compensation Fair Value o

Stock Compensation Fair Value of stock options granted assumptions used (Details) - 6 months ended Jun. 30, 2015 - $ / shares	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk free interest rate	2.10%
Expected dividend yield	2.90%
Expected life of award (in years)	8 years
Expected volatility	50.00%
Fair value per option share (in dollars per share)	$ 6.03

Stock Compensation Summary of s

Stock Compensation Summary of stock option activity for the period (Details) - Jun. 30, 2015 - $ / shares	Total
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at January 1, 2015	1,512,756
Options Granted (in shares)	208,200
Options Exercised, Shares (in shares)	(96,161)
Cancelled or Forfeited (in shares)	(60,734)
Outstanding at June 30, 2015	1,564,061
Exercisable at June 30, 2015	1,172,492
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding, Average Price (in dollars per share)	$ 13.24
Options granted, average exercise price (in dollars per share)	18.67
Options exercised, average exercise price (in dollars per share)	12.53
Cancelled or forfeited, average exercise price (in dollars per share)	17.01
Outstanding, Average Price (in dollars per share)	13.86
Exercisable, Average Exercise Price (in dollars per share)	$ 12.29
Outstanding, Weighted Average Life	5 years 4 months 17 days
Exercisable, Weighted Average Life	4 years 7 months 10 days

Stock Compensation Summary of r

Stock Compensation Summary of restricted stock activity (Details) - Restricted Stock [Member] - $ / shares	Mar. 05, 2014	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Unvested (in shares)		236,196
Granted (in shares)	93,500	93,500
Vested (in shares)		(132,969)
Cancelled or forfeited (in shares)		(22,265)
Unvested (in shares)		174,462
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Granted, Average Grant Date Fair Value (in dollars per share)	$ 18.69	$ 18.69
Released, Average Grant Date Fair Value (in dollars per share)		15.40
Cancelled or Forfeited, Average Grant Date Fair Value (in dollars per share)		18.72
Unvested shares, Average Grant Date Fair Value (in dollars per share)		$ 18.60

Contingencies Contingencies (De

Contingencies Contingencies (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Sep. 30, 2011	Jun. 30, 2015	Nov. 30, 2011
Loss Contingencies [Line Items]
Estimate of EPA's interim removal project costs				$ 0.5
Patent Infringement Against Orbis Corp
Loss Contingencies [Line Items]
Contingency accrual	$ 3		$ 3.1
Loss Contingency, Range of Possible Loss, Minimum	0		0
Loss Contingency, Range of Possible Loss, Maximum	$ 3.1		$ 3.1
General and Administrative Expense | Environmental Issue | Pending Litigation | New Idria Mercury Mine
Loss Contingencies [Line Items]
Expense related to remedial investigation and feasibility study		$ 1.9
Other Liabilities | Environmental Issue | Pending Litigation | New Idria Mercury Mine
Loss Contingencies [Line Items]
Payments charged against the reserve		$ 0.9

Debt Schedule of Long-Term Debt

Debt Schedule of Long-Term Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term Debt	$ 201,977	$ 237,109
Long-term Debt, net of deferred financing costs	201,385	236,429
Loan Agreement
Debt Instrument [Line Items]
Long-term Debt	101,977	137,109
Less unamortized deferred financing fees
Debt Instrument [Line Items]
Less unamortized deferred financing fees	592	680
Four Point Six Seven Percent Senior Unsecured Notes Due Twenty Twenty One [Member] | Less unamortized deferred financing fees
Debt Instrument [Line Items]
Long-term Debt	$ 40,000	40,000
Interest rate	4.67%
Five Point Two Five Percent Senior Unsecured Notes Due Twenty Twenty Four [Member] | Less unamortized deferred financing fees
Debt Instrument [Line Items]
Long-term Debt	$ 11,000	11,000
Interest rate	5.25%
Five Point Three Zero Percent Senior Unsecured Notes Due Twenty Twenty Four [Member] | Less unamortized deferred financing fees
Debt Instrument [Line Items]
Long-term Debt	$ 29,000	29,000
Interest rate	5.30%
Five Point Four Five Percent Senior Unsecured Notes Due Twenty Twenty Six [Member] | Less unamortized deferred financing fees
Debt Instrument [Line Items]
Long-term Debt	$ 20,000	$ 20,000
Interest rate	5.45%

Debt (Details)

Debt (Details) - USD ($)	Jul. 02, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014	May. 30, 2014	Dec. 13, 2013
Debt Instrument [Line Items]
Letters of credit		$ 4,300,000		$ 4,300,000
Interest rate during period		4.61%	4.05%	4.58%	4.68%
Long-term Debt		$ 201,977,000		$ 201,977,000		$ 237,109,000
Loan Agreement
Debt Instrument [Line Items]
Remaining amount available under the line of credit		193,700,000		193,700,000
Long-term Debt		101,977,000		101,977,000		137,109,000
Less unamortized deferred financing fees
Debt Instrument [Line Items]
Unamortized debt issuance expense		$ 592,000		$ 592,000		$ 680,000
Loan Agreement
Debt Instrument [Line Items]
Maximum borrowing capacity on line of credit							$ 300,000,000	$ 200,000,000
Company borrowed under loan agreement to fund Scepter acquisition	$ 135,300,000

Retirement Plans (Details)

Retirement Plans (Details) - Pension Plans, Defined Benefit [Member] - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 68	$ 70	$ 136	$ 140
Expected return on assets	(83)	(93)	(166)	(185)
Amortization of actuarial net loss	22	11	44	22
Net periodic pension (benefit) cost	7	(12)	14	(23)
Company contributions	$ 70	$ 72	$ 148	$ 152

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Unrecognized tax benefits that would impact effective tax rate	$ 0.5	$ 1.5
Accrued income taxes	0.1
Unrecognized Tax Benefits	$ 0.5

Segment Information Schedule of

Segment Information Schedule of Net Sales by Segment (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)Segments	Jun. 30, 2014USD ($)
Segment Reporting [Abstract]
Number of segments | Segments			2
Segment Reporting Information [Line Items]
Net Sales	$ 164,335	$ 152,784	$ 320,683	$ 303,269
Material Handling
Segment Reporting Information [Line Items]
Net Sales	115,774	103,046	228,055	209,723
Distribution
Segment Reporting Information [Line Items]
Net Sales	48,592	49,789	92,697	93,672
Intra-segment Elimination [Member]
Segment Reporting Information [Line Items]
Net Sales	$ (31)	$ (51)	$ (69)	$ (126)

Segment Information Schedule 56

Segment Information Schedule of Income Before Income Taxes by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Segment Reporting Information [Line Items]
Operating income	$ 19,742	$ 11,286	$ 26,458	$ 20,169
Interest Expense	(2,467)	(1,667)	(5,169)	(3,251)
Income from continuing operations before income taxes	17,275	9,619	21,289	16,918
Material Handling
Segment Reporting Information [Line Items]
Operating income	20,846	11,533	34,253	24,305
Distribution
Segment Reporting Information [Line Items]
Operating income	4,508	5,053	7,999	8,583
Corporate
Segment Reporting Information [Line Items]
Operating income	$ (5,612)	$ (5,300)	$ (15,794)	$ (12,719)

Segment Information (Identifiab

Segment Information (Identifiable Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Assets	$ 466,314	$ 564,833
Material Handling
Segment Reporting Information [Line Items]
Assets	370,769	370,501
Distribution
Segment Reporting Information [Line Items]
Assets	64,560	57,523
Corporate
Segment Reporting Information [Line Items]
Assets	30,985	19,034
Discontinued operations
Segment Reporting Information [Line Items]
Assets	$ 0	$ 117,775