Myers Industries (MYE) 10-Q 6 Nov 15 2015 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2015	Oct. 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	Sep. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		30,140,159

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Net sales	$ 141,661	$ 162,109	$ 462,344	$ 465,378
Cost of sales	99,975	122,148	324,320	340,814
Gross profit	41,686	39,961	138,024	124,564
Selling, general and administrative expenses	39,108	42,639	108,987	107,073
Operating income (loss)	2,578	(2,678)	29,037	17,491
Interest expense, net	1,729	2,637	6,899	5,888
Income (loss) from continuing operations before income taxes	849	(5,315)	22,138	11,603
Income tax expense (benefit)	218	(1,697)	7,960	4,131
Income (loss) from continuing operations	631	(3,618)	14,178	7,472
Income (loss) from discontinued operations, net of income taxes	(298)	875	2,813	(3,786)
Net income	$ 333	$ (2,743)	$ 16,991	$ 3,686
Income (loss) per common share from continuing operations:
Basic (in dollars per share)	$ 0.02	$ (0.11)	$ 0.46	$ 0.23
Diluted (in dollars per share)	0.02	(0.11)	0.45	0.23
Income (loss) per common share from discontinued operations:
Basic (in dollars per share)	(0.01)	0.02	0.09	(0.12)
Diluted (in dollars per share)	(0.01)	0.02	0.09	(0.12)
Net income per common share:
Basic (in dollars per share)	0.01	(0.09)	0.55	0.11
Diluted (in dollars per share)	0.01	(0.09)	0.54	0.11
Dividends declared per share (in dollars per share)	$ 0.135	$ 0.13	$ 0.41	$ 0.39

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 333	$ (2,743)	$ 16,991	$ 3,686
Other comprehensive income (loss):
Foreign currency translation adjustment		(9,638)	(32,718)	(6,780)
Total other comprehensive income (loss)	(11,833)	(9,638)	(32,718)	(6,780)
Comprehensive income (loss)	$ (11,500)	$ (12,381)	$ (15,727)	$ (3,094)

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Financial Position - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Cash	$ 5,240	$ 4,676
Accounts receivable-less allowances of $586 and $782, respectively	88,190	90,664
Inventories
Finished and in-process products	43,068	40,122
Raw materials and supplies	18,126	23,216
Inventory net	61,194	63,338
Prepaid expenses and other	8,020	6,591
Deferred income taxes	3,304	2,397
Assets held for sale	0	117,775
Total Current Assets	165,948	285,441
Other Assets
Goodwill	58,372	66,639
Intangible assets, net	61,352	72,235
Deferred income taxes	434	545
Accounts, Notes, Loans and Financing Receivable, Net, Noncurrent	17,975	0
Other	12,198	3,207
Total other non current assets	150,331	142,626
Property, Plant and Equipment, at Cost
Land	7,708	8,405
Buildings and leasehold improvements	58,091	57,537
Machinery and equipment	348,814	335,963
Property, Plant and Equipment, at cost	414,613	401,905
Less allowances for depreciation and amortization	(285,510)	(265,139)
Property, plant and equipment, net	129,103	136,766
Total Assets	445,382	564,833
Current Liabilities
Accounts payable	58,317	77,320
Accrued expenses
Employee compensation	17,623	14,967
Income taxes	0	3,086
Taxes, other than income taxes	1,397	1,940
Accrued interest	1,819	3,207
Liabilities of Assets Held-for-sale	0	27,122
Other	17,999	26,172
Total Current Liabilities	97,155	153,814
Long-term debt	214,735	236,429
Other liabilities	12,063	13,738
Deferred income taxes	16,928	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 30,149,215 and 31,162,962; after deducting treasury shares of 7,803,242 and 6,604,175, respectively)	18,255	18,855
Additional paid-in capital	205,185	218,394
Accumulated other comprehensive loss	(44,406)	(11,688)
Retained deficit	(74,533)	(78,990)
Total Shareholders' Equity	104,501	146,571
Total Liabilities and Shareholders' Equity	$ 445,382	$ 564,833

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Financial Position (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Current Assets
Allowances for accounts receivable	$ 586	$ 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)	30,149,215	31,162,962
Common shares, treasury (in shares)	7,803,242	6,604,175

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) - 9 months ended Sep. 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 (loss)	16,991				16,991
Issuances under option plans	1,440	79	1,361
Dividend reinvestment plan	113	4	109
Restricted stock vested	0	67	(67)
Restricted stock and stock option grants	3,867	11	3,856
Tax benefit from options	211		211
Foreign currency translation adjustment	(32,718)			(32,718)
Repurchase of common stock	(18,613)	(749)	(17,864)
Stock contributions	148	5	143
Shares withheld for employee taxes on equity awards	(975)	(17)	(958)
Dividends declared - $.41 per share	(12,534)				(12,534)
Ending balance at Sep. 30, 2015	$ 104,501	$ 18,255	$ 205,185	$ (44,406)	$ (74,533)

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Shareholders' Equity (Unaudited) (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Statement of Stockholders' Equity [Abstract]
Dividends declared per share (in dollars per share)	$ 0.135	$ 0.13	$ 0.41	$ 0.39

Condensed Consolidated Stateme8

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Cash Flows from Operating Activities
Net income	$ 16,991	$ 3,686
Income (loss) from discontinued operations, net of income taxes	2,813	(3,786)
Income from continuing operations	14,178	7,472
Income (loss) from discontinued operations, net of income taxes
Depreciation	19,216	17,749
Amortization	7,854	4,275
Non-cash stock compensation	3,989	2,413
Accrued interest income on note receivable	(750)	0
Other	463	150
Payments on performance based compensation	(1,318)	(1,293)
Other long-term liabilities	644	1,422
Cash flows used for working capital:
Accounts receivable	(5,603)	(5,584)
Inventories	(271)	(15,446)
Prepaid expenses and other assets	(168)	(8,933)
Accounts payable and accrued expenses	(30,170)	(4,755)
Net cash provided by (used for) operating activities-continuing operations	7,138	(2,830)
Net cash used for operating activities-discontinued operations	(11,330)	(14,054)
Net cash used for operating activities	(4,192)	(16,884)
Net cash provided by (used for) operating activities-continuing operations
Net cash used for operating activities-discontinued operations	(17,669)	(10,860)
Acquisition of business, net of cash acquired	0	157,811
Proceeds from sale of property, plant and equipment	145	548
Proceeds from sale of business	69,787	0
Net cash provided by (used for) investing activities - continuing operations	52,263	(168,123)
Net cash provided by (used for) investing activities - discontinued operations	(581)	12,876
Net cash provided by (used for) investing activities	51,682	(155,247)
Other
Proceeds from long-term debt	0	89,000
Net borrowing (repayment) on credit facility	(16,157)	143,390
Cash dividends paid	(12,550)	(11,602)
Proceeds from issuance of common stock	1,553	2,524
Repayment of long-term debt	211	681
Repurchase of common stock	(18,613)	(48,306)
Shares withheld for employee taxes on equity awards	(975)	(1,083)
Deferred financing costs	0	(543)
Net cash provided by (used for) financing activities	(46,531)	174,061
Foreign Exchange Rate Effect on Cash	(395)	(111)
Net increase in cash	564	1,819
Cash at January 1	4,676	6,539
Cash at September 30	5,240	8,358
Interest	9,429	3,910
Income taxes	$ 10,036	$ 10,910

Statement of Accounting Policie

Statement of Accounting Policies	9 Months Ended
	Sep. 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 September 30, 2015 , and the results of operations and cash flows for the periods presented. The results of operations for the three and nine months ended September 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 September 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-16, Simplifying the Accounting for Measurement-Period Adjustments in relation to business combinations. Under existing standards, the measurement-period adjustments are calculated as if they were known at the acquisition date, and are recognized by revising information in prior periods. Under the new standard, measurement-period adjustments continue to be calculated as if they were known at the acquisition date, but are recognized in the reporting period in which they are determined, with no revisions to prior periods relating to the business combination. In addition to the current disclosure requirement explaining the nature and amount of the measurement-period adjustments, additional disclosures will be required to explain the impact on current period income statement line items of adjustments that would have been recognized in prior periods if such period information had been revised. ASU 2015-16 is effective for the Company on December 15, 2015 with early adoption permitted. The Company is currently assessing the impact ASU 2015-16 will have on its financial position and results of operations. In July 2015, the FASB issued ASU 2015-11, Simplifying the Measurement of Inventory , which modifies existing requirements regarding measuring first-in, first-out and average cost inventory at the lower of cost or market. Under existing standards, the market amount requires consideration of replacement cost, net realizable value (“NRV”), and NRV less an approximately normal profit margin. ASU 2015-11 replaces market with NRV, defined as estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal and transportation. This eliminates the need to determine and consider replacement cost or NRV less an approximately normal profit margin when measuring inventory. This guidance is effective for fiscal years beginning after December 15, 2016, with early adoption permitted. The Company is currently assessing the impact ASU 2015-11 will have on its financial position and results of operations. In April 2015, the FASB issued 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 no later than the required date of 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. Under the original issuance, the new standard would have been effective beginning January 1, 2017. In August 2015, the FASB issued ASU 2015-14 which delays the standard effective date by one year. In accordance with this delay, the new standard is effective for the Company beginning in the first quarter of 2018. Early adoption is permitted, but not before the original effective date of the standard. Companies can transition to the new 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 September 30, 2015 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $105.2 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 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 September 30, 2015 and September 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 Other comprehensive loss (9,638 ) — (9,638 ) Balance at September 30, 2014 $ (3,287 ) $ (1,066 ) $ (4,353 ) 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 ) Other comprehensive loss (11,833 ) — (11,833 ) Balance at September 30, 2015 $ (42,543 ) $ (1,863 ) $ (44,406 ) * Cumulative translation adjustment associated with the sale of the Lawn and Garden business was included in the carrying value of assets disposed of. Cash 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. Out of Period Correction of Immaterial Error Stock compensation expense for the three months ended September 30, 2015 included an out of period adjustment of $1.1 million ( $0.7 million after tax). The Company concluded this adjustment was not material to its consolidated financial statements for any previously reported interim period within 2015 based on an analysis of quantitative and qualitative factors.

Acquisitions

Acquisitions	9 Months Ended
	Sep. 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 of approximately $1.2 million in the fourth quarter of 2014. 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 was complete. Adjustments to the purchase price allocation during 2015 were not material. Scepter's assets and liabilities were 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 $13.5 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 Nine Months Ended September 30, 2014 September 30, 2014 Net sales $ 162,109 $ 516,744 Net income from continuing operations $ 357 $ 10,291 Net income per share from continuing operations: Basic $ 0.01 $ 0.32 Diluted $ 0.01 $ 0.31 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	9 Months Ended
	Sep. 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 served 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 included 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 February 17, 2015 was $18.0 million and is included in Notes Receivable in the accompanying Condensed Consolidated Statements of Financial Position, in which the carrying value represents the fair value plus accretion as of September 30, 2015. 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 nine 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 nine months ended September 30, 2015 and 2014, are presented in the following table: Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015* 2014** Net sales $ — $ 44,957 $ 29,335 $ 149,634 Income (loss) from discontinued operations before income taxes $ (251 ) $ 758 $ (1,214 ) $ (9,908 ) Income tax expense (benefit) 47 (117 ) (262 ) (3,694 ) Income (loss) from discontinued operations (298 ) 875 (952 ) (6,214 ) Gain on sale of discontinued operations, inclusive of tax benefit of ($2,206) for the nine months ended September 30, 2015 and tax provision of $1,295 for the nine months ended September 30, 2014 — — 3,765 2,428 Income (loss) from discontinued operations, net of income taxes $ (298 ) $ 875 $ 2,813 $ (3,786 ) * Includes Lawn and Garden operating results through February 17, 2015. ** Includes WEK operating results through June 20, 2014. The assets and liabilities of discontinued operations are stated separately as of December 31, 2014, in the Condensed Consolidated Statements of Financial Position 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 business. 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 September 30, 2014 , the Lawn and Garden Segment had incurred approximately $14.0 million of severance charges and personnel costs under its restructuring plans. Restructuring actions under the plan were completed as of September 30, 2014 .

Account Receivable Factoring

Account Receivable Factoring	9 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Account Receivable Factoring	Accounts Receivable Factoring The Company's wholly-owned subsidiaries Plasticos Novel Do Nordeste S.A. and Plasticos Novel Do Parana S.A. (collectively, "Novel") entered into a factoring agreement to sell, without recourse, certain of their Brazilian real-based trade accounts receivables to an unrelated third party financial institution as part of its working capital management. The sale of these receivables accelerated the collection of cash and reduced credit exposure. Under the terms of the factoring agreement, the Company retains no rights or interest and has no obligations with respect to the sold receivables. As such, the factoring of trade receivables under this agreement is accounted for as a sale. The Company accounts for its trade receivable factoring program as required under ASC 860, Transfers and Servicing . During the quarter ended September 30, 2015, $3.9 million of trade accounts receivables had been sold under the terms of the factoring agreement for cash proceeds of $3.7 million . During the quarter ended September 30, 2014, $8.1 million of trade accounts receivables had been sold under the terms of the factoring agreement for cash proceeds of $7.9 million . The receivables sold pursuant to the factoring agreement have been recorded as a reduction of trade accounts receivable and as cash provided by operating activities in the Condensed Consolidated Statement of Cash Flows (Unaudited). The Company pays an administrative fee based on the dollar value of the receivables sold. Administrative fees related to the program for both periods ended September 30, 2015 and September 30, 2014 were approximately $0.2 million and are included in selling, general and administrative expenses in the Condensed Consolidated Statements of Income (Unaudited).

Inventories

Inventories	9 Months Ended
	Sep. 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 September 30, 2015 .

Other Accrued Expenses

Other Accrued Expenses	9 Months Ended
	Sep. 30, 2015
Payables and Accruals [Abstract]
Other Accrued Expenses	Other Accrued Expenses Other accrued expenses consisted of the following: September 30, 2015 December 31, 2014 Deposits and amounts due to customers $ 2,836 $ 10,591 Dividends payable 4,250 4,267 Accrued legal and professional fees 679 3,458 Other accrued expenses 10,234 7,856 $ 17,999 $ 26,172

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets The change in goodwill for the nine months ended September 30, 2015 was as follows: Segment Balance at December 31, 2014 Measurement Period Adjustments Foreign Currency Translation Balance at September 30, 2015 Material Handling $ 66,134 $ (300 ) $ (7,967 ) $ 57,867 Distribution 505 — — 505 $ 66,639 $ (300 ) $ (7,967 ) $ 58,372 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 $10.8 million and $11.3 million at September 30, 2015 and December 31, 2014, respectively.

Net Income Per Common Share

Net Income Per Common Share	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Net Income (Loss) Per Common Share	Net Income (Loss) Per Common Share Net income (loss) 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 Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Weighted average common shares outstanding Basic 30,674,604 31,641,680 30,873,594 32,510,415 Dilutive effect of stock options and restricted stock 275,968 — 339,488 488,967 Weighted average common shares outstanding diluted 30,950,572 31,641,680 31,213,082 32,999,382 Options to purchase 463,200 shares of common stock that were outstanding for both the three and nine month periods ended September 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. There were 435,559 dilutive common shares excluded from the computation of loss per common share for the three months ended September 30, 2014 due to the Company's net loss for the period. Options to purchase 198,500 shares of common stock that were outstanding for the nine month period ended September 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	9 Months Ended
	Sep. 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 $2.4 million and $0.8 million for the three months ended September 30, 2015 and 2014 , respectively. The Company recorded stock compensation expense of approximately $4.0 million and $2.4 million for the nine month periods ended September 30, 2015 and 2014 , respectively. 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 September 30, 2015 was approximately $3.0 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 September 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 (71,567 ) 17.30 Outstanding at September 30, 2015 1,553,228 $ 13.83 5.49 years Exercisable at September 30, 2015 1,179,025 $ 12.32 4.25 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. There were no stock options exercised during the three months ended September 30, 2015. The total intrinsic value of all stock options exercised during the three months ended September 30, 2014 were approximately $0.2 million . The total intrinsic value of all stock options exercised during the nine months ended September 30, 2015 and 2014 was approximately $0.6 million and $1.6 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 September 30, 2015 : Awards Average Grant-Date Fair Value Unvested at January 1, 2015 236,196 Granted 93,500 $ 18.69 Vested (138,902 ) 15.54 Canceled or forfeited (22,798 ) 18.63 Unvested at September 30, 2015 167,996 $ 18.61 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 September 30, 2015 , restricted stock awards had vesting periods up through March 2018 .

Contingencies

Contingencies	9 Months Ended
	Sep. 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. In September 2015, a subsidiary of the Company, Buckhorn, Inc. (“Buckhorn”) received a notice letter and related documents from EPA (the ”Notice Letter”) formally informing Buckhorn that it considers it to be a potentially responsible party (“PRP”) in connection with the New Idria Mercury Mine site. As a result of this Notice Letter, Buckhorn and the Company expect to engage in negotiations with EPA with respect to a draft Administrative Order proposed by EPA for the Remedial Investigation/Feasibility Study (“RI/FS”) for the site to determine the extent of remediation necessary and the screening of alternative s. The Company recognized an expense of $1.9 million , on an undiscounted basis, in 2011 related to performing a RI/FS. 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 September 30, 2015 . As negotiations with the EPA proceed with respect to the RI/FS, it is possible that adjustments to the reserved expense will be necessary to reflect new information. As part of the Notice Letter, EPA also made a claim for approximately $1.6 million in past costs for actions it claims it has taken in connection with the New Idria Mercury Mine site since 1993. These costs include approximately $0.5 million for an interim removal project at the New Idria Mercury Mine site completed by the EPA in November 2011. It is expected this removal action will be part of the final remediation strategy for the site. The Company currently expects to challenge EPA's past cost claims. The Company reserved an additional $1.3 million in the three months ended September 30, 2015 in Other Liabilities related to the EPA claim, which brings the total accrued balance related to this matter to $2.3 million at September 30, 2015. 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 negotiations with EPA, 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 that may be named as well as the extent of their responsibility for the remediation, and the availability of insurance coverage for these expenses. At this time, we have not accrued for remediation costs in connection with this site as we are unable to estimate the liability, given the circumstances referred to above, including the fact the final remediation strategy has not yet been determined. 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. Buckhorn believed it was not responsible for any of the judgment because it was not a party to the Orbis license. Despite this belief, the Company recorded expense of $3.0 million during the third quarter of 2014 for the entire amount of the unpaid judgement. 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. During the third quarter of 2015, the Federal Circuit Court of Appeals rejected Orbis' petition for rehearing and rehearing en banc. All opportunities for Orbis to appeal have expired. The United States District Court for the Southern District of Ohio has now released Buckhorn’s appellate bond. Buckhorn is also pursuing legal action against SAS and SASS B.V. for fraudulently selling an exclusive patent license they could not sell and related claims. That case is now pending in United States District Court for the Southern District of New York. In August 2014, SASS B.V. informed Buckhorn that SAS may not have the financial ability to pay any judgment against it and provided financial statements to Buckhorn indicating SAS was in financial distress while SASS B.V. was financially stable. Given the uncertainty of SAS’s financial status, it is not known at this time what the likelihood of recovering from SAS (or SASS B.V.) would be in the event that there is a favorable outcome for Buckhorn in the New York court. 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	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Debt Disclosure	Long-Term Debt and Loan Agreement Long-term debt consisted of the following: September 30, December 31, 2015 2014 Loan Agreement $ 115,284 $ 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 20,000 215,284 237,109 Less unamortized deferred financing fees 549 680 $ 214,735 $ 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 September 30, 2015 , the Company had $180.4 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 September 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 nine months ended September 30, 2015 were 4.74% and 4.63% . The average interest rate on borrowings under our loan agreements for the three and nine months ended September 30, 2014 were 3.55% and 4.10% . The average interest rate calculation includes a quarterly facility fee on the used and unused portion. Long-term debt at September 30, 2015 and December 31, 2014 includes $0.5 million and $0.7 million , respectively, of unamortized deferred financing costs, which are accounted for as debt valuation accounts.

Retirement Plans

Retirement Plans	9 Months Ended
	Sep. 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 September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Interest cost $ 68 $ 70 $ 204 $ 210 Expected return on assets (83 ) (93 ) (248 ) (278 ) Amortization of actuarial net loss 22 11 66 34 Net periodic pension (benefit) cost $ 7 $ (12 ) $ 22 $ (34 ) Company contributions $ — $ 84 $ 148 $ 237 The Company does not anticipate additional contributions to its pension plan in the fourth quarter of 2015.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 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 September 30, 2015 and September 30, 2014 , was $0.2 million and $0.7 million , respectively. Accrued interest expense included within accrued income taxes in the Company's Condensed Consolidated Statements of Financial Position (Unaudited) was less than $0.1 million at both September 30, 2015 and December 31, 2014 . The September 30, 2015 balance of unrecognized tax benefits includes approximately $0.2 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 September 30, 2015 , the Company is no longer subject to U.S. Federal examination by tax authorities for tax years before 2012. The Company is subject to state and local examinations for tax years of 2011 through 2014. In addition, the Company is subject to non-U.S. income tax examinations for tax years of 2010 through 2014.

Segment Information

Segment Information	9 Months Ended
	Sep. 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. 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 (loss) before income taxes for each business segment is based on net sales less cost of sales, 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 nine months ended September 30, 2015 and 2014 are presented in the following table: Three Months Ended September 30, Nine Months Ended September 30, Net Sales 2015 2014 2015 2014 Material Handling $ 92,479 $ 112,277 $ 320,534 $ 322,000 Distribution 49,212 49,908 141,909 143,580 Inter-company Sales (30 ) (76 ) (99 ) (202 ) $ 141,661 $ 162,109 $ 462,344 $ 465,378 Three Months Ended September 30, Nine Months Ended September 30, Income (Loss) Before Income Taxes 2015 2014 2015 2014 Material Handling $ 7,369 $ (426 ) $ 41,622 $ 23,879 Distribution 5,558 4,133 13,557 12,716 Corporate (10,349 ) (6,385 ) (26,142 ) (19,104 ) Interest expense - net (1,729 ) (2,637 ) (6,899 ) (5,888 ) $ 849 $ (5,315 ) $ 22,138 $ 11,603 Identifiable Assets September 30, 2015 December 31, 2014 Material Handling $ 343,300 $ 370,501 Distribution 66,033 57,523 Corporate 36,049 19,034 Discontinued operations — 117,775 $ 445,382 $ 564,833

Statement of Accounting Polic23

Statement of Accounting Policies (Policies)	9 Months Ended
	Sep. 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 September 30, 2015 , and the results of operations and cash flows for the periods presented. The results of operations for the three and nine months ended September 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 September 30, 2015 , the fair value of the Company's $100.0 million fixed rate senior unsecured notes was estimated at $105.2 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 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 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. Out of Period Correction of Immaterial Error Stock compensation expense for the three months ended September 30, 2015 included an out of period adjustment of $1.1 million ( $0.7 million after tax). The Company concluded this adjustment was not material to its consolidated financial statements for any previously reported interim period within 2015 based on an analysis of quantitative and qualitative factors.

Statement of Accounting Polic24

Statement of Accounting Policies (Tables)	9 Months Ended
	Sep. 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 September 30, 2015 and September 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 Other comprehensive loss (9,638 ) — (9,638 ) Balance at September 30, 2014 $ (3,287 ) $ (1,066 ) $ (4,353 ) 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 ) Other comprehensive loss (11,833 ) — (11,833 ) Balance at September 30, 2015 $ (42,543 ) $ (1,863 ) $ (44,406 )

Acquisitions (Tables)

Acquisitions (Tables)	9 Months Ended
	Sep. 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 Nine Months Ended September 30, 2014 September 30, 2014 Net sales $ 162,109 $ 516,744 Net income from continuing operations $ 357 $ 10,291 Net income per share from continuing operations: Basic $ 0.01 $ 0.32 Diluted $ 0.01 $ 0.31

Discontinued Operations (Tables

Discontinued Operations (Tables)	9 Months Ended
	Sep. 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 nine months ended September 30, 2015 and 2014, are presented in the following table: Three Months Ended Nine Months Ended September 30, September 30, 2015 2014 2015* 2014** Net sales $ — $ 44,957 $ 29,335 $ 149,634 Income (loss) from discontinued operations before income taxes $ (251 ) $ 758 $ (1,214 ) $ (9,908 ) Income tax expense (benefit) 47 (117 ) (262 ) (3,694 ) Income (loss) from discontinued operations (298 ) 875 (952 ) (6,214 ) Gain on sale of discontinued operations, inclusive of tax benefit of ($2,206) for the nine months ended September 30, 2015 and tax provision of $1,295 for the nine months ended September 30, 2014 — — 3,765 2,428 Income (loss) from discontinued operations, net of income taxes $ (298 ) $ 875 $ 2,813 $ (3,786 ) * Includes Lawn and Garden operating results through February 17, 2015. ** Includes WEK operating results through June 20, 2014. The assets and liabilities of discontinued operations are stated separately as of December 31, 2014, in the Condensed Consolidated Statements of Financial Position 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)	9 Months Ended
	Sep. 30, 2015
Payables and Accruals [Abstract]
Schedule of Accounts Other Accrued Expenses	Other accrued expenses consisted of the following: September 30, 2015 December 31, 2014 Deposits and amounts due to customers $ 2,836 $ 10,591 Dividends payable 4,250 4,267 Accrued legal and professional fees 679 3,458 Other accrued expenses 10,234 7,856 $ 17,999 $ 26,172

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 30, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
The change in goodwill	The change in goodwill for the nine months ended September 30, 2015 was as follows: Segment Balance at December 31, 2014 Measurement Period Adjustments Foreign Currency Translation Balance at September 30, 2015 Material Handling $ 66,134 $ (300 ) $ (7,967 ) $ 57,867 Distribution 505 — — 505 $ 66,639 $ (300 ) $ (7,967 ) $ 58,372

Net Income (Loss) Per Common Sh

Net Income (Loss) Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Weighted average number of common shares outstanding during the period	Net income (loss) 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 Nine Months Ended September 30, September 30, 2015 2014 2015 2014 Weighted average common shares outstanding Basic 30,674,604 31,641,680 30,873,594 32,510,415 Dilutive effect of stock options and restricted stock 275,968 — 339,488 488,967 Weighted average common shares outstanding diluted 30,950,572 31,641,680 31,213,082 32,999,382

Stock Compensation (Tables)

Stock Compensation (Tables)	9 Months Ended
	Sep. 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 September 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 (71,567 ) 17.30 Outstanding at September 30, 2015 1,553,228 $ 13.83 5.49 years Exercisable at September 30, 2015 1,179,025 $ 12.32 4.25 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 September 30, 2015 : Awards Average Grant-Date Fair Value Unvested at January 1, 2015 236,196 Granted 93,500 $ 18.69 Vested (138,902 ) 15.54 Canceled or forfeited (22,798 ) 18.63 Unvested at September 30, 2015 167,996 $ 18.61

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2015
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Long-term debt consisted of the following: September 30, December 31, 2015 2014 Loan Agreement $ 115,284 $ 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 20,000 215,284 237,109 Less unamortized deferred financing fees 549 680 $ 214,735 $ 236,429

Retirement Plans (Tables)

Retirement Plans (Tables)	9 Months Ended
	Sep. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Net periodic pension cost	Net periodic pension cost are as follows: Three Months Ended September 30, Nine Months Ended September 30, 2015 2014 2015 2014 Interest cost $ 68 $ 70 $ 204 $ 210 Expected return on assets (83 ) (93 ) (248 ) (278 ) Amortization of actuarial net loss 22 11 66 34 Net periodic pension (benefit) cost $ 7 $ (12 ) $ 22 $ (34 ) Company contributions $ — $ 84 $ 148 $ 237

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2015
Segment Reporting [Abstract]
Schedule of Net Sales by Segment	Three Months Ended September 30, Nine Months Ended September 30, Net Sales 2015 2014 2015 2014 Material Handling $ 92,479 $ 112,277 $ 320,534 $ 322,000 Distribution 49,212 49,908 141,909 143,580 Inter-company Sales (30 ) (76 ) (99 ) (202 ) $ 141,661 $ 162,109 $ 462,344 $ 465,378 Three Months Ended September 30, Nine Months Ended September 30, Income (Loss) Before Income Taxes 2015 2014 2015 2014 Material Handling $ 7,369 $ (426 ) $ 41,622 $ 23,879 Distribution 5,558 4,133 13,557 12,716 Corporate (10,349 ) (6,385 ) (26,142 ) (19,104 ) Interest expense - net (1,729 ) (2,637 ) (6,899 ) (5,888 ) $ 849 $ (5,315 ) $ 22,138 $ 11,603
Schedule of Income Before Income Taxes by Segment	Three Months Ended September 30, Nine Months Ended September 30, Income (Loss) Before Income Taxes 2015 2014 2015 2014 Material Handling $ 7,369 $ (426 ) $ 41,622 $ 23,879 Distribution 5,558 4,133 13,557 12,716 Corporate (10,349 ) (6,385 ) (26,142 ) (19,104 ) Interest expense - net (1,729 ) (2,637 ) (6,899 ) (5,888 ) $ 849 $ (5,315 ) $ 22,138 $ 11,603
Schedule of Indefinable Assets by Segment	Identifiable Assets September 30, 2015 December 31, 2014 Material Handling $ 343,300 $ 370,501 Distribution 66,033 57,523 Corporate 36,049 19,034 Discontinued operations — 117,775 $ 445,382 $ 564,833

Statement of Accounting Polic34

Statement of Accounting Policies (Details) - USD ($) $ in Thousands	3 Months Ended						9 Months Ended
	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Sep. 30, 2015	Sep. 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)	$ (11,833)			$ (9,638)			(32,718)	$ (6,780)
Ending balance	(44,406)						(44,406)
Foreign Currency
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(30,710)	$ (32,835)	(9,825)	6,351	$ 3,547	$ 3,493	(9,825)	3,493
Other comprehensive income	(11,833)	2,125	(12,519)	(9,638)	2,804	54
Amounts reclassified from accumulated other comprehensive income			(10,491)
Total other comprehensive income (loss)			(23,010)
Ending balance	(42,543)	(30,710)	(32,835)	(3,287)	6,351	3,547	(42,543)	(3,287)
Defined Benefit Pension Plans
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(1,863)	(1,863)	(1,863)	(1,066)	(1,066)	(1,066)	(1,863)	(1,066)
Other comprehensive income	0	0	0	0	0	0
Amounts reclassified from accumulated other comprehensive income			0
Total other comprehensive income (loss)			0
Ending balance	(1,863)	(1,863)	(1,863)	(1,066)	(1,066)	(1,066)	(1,863)	(1,066)
Accumulative Other Comprehensive Loss
Accumlated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(32,573)	(34,698)	(11,688)	5,285	2,481	2,427	(11,688)	2,427
Other comprehensive income	(11,833)	2,125	(12,519)	(9,638)	2,804	54
Amounts reclassified from accumulated other comprehensive income			(10,491)
Total other comprehensive income (loss)			(23,010)
Ending balance	(44,406)	$ (32,573)	$ (34,698)	$ (4,353)	$ 5,285	$ 2,481	(44,406)	$ (4,353)
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	105,200						$ 105,200		$ 106,800
Out of Period Adjustment Included in Stock Compensation Expense
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Out of period adjustment	1,100
Out of Period Adjustment Included in Stock Compensation Expense, After Tax
Quantifying Misstatement in Current Year Financial Statements [Line Items]
Out of period adjustment	$ 700

Acquisitions (Details)

Acquisitions (Details) - Scepter acquisition $ in Millions	Jul. 02, 2014USD ($)
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	$ 13.5

Acquisitions (Recognized Identi

Acquisitions (Recognized Identified Asset Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014	Jul. 02, 2014
Business Acquisition [Line Items]
Goodwill	$ 58,372	$ 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) $ in Thousands	Jul. 02, 2014USD ($)
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) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014
Business Combinations [Abstract]
Net sales	$ 162,109	$ 516,744
Net income from continuing operations	$ 357	$ 10,291
Income per share from continuing operations, basic	$ 0.01	$ 0.32
Income per share from continuing operations, diluted	$ 0.01	$ 0.31

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($)	Feb. 17, 2015	Jun. 20, 2014	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 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			$ (298,000)	875,000	$ 2,813,000	(3,786,000)
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 benefit of ($2,206) for the nine months ended September 30, 2015 and tax provision of $1,295 for the nine months ended September 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	44,957,000	29,335,000	149,634,000
Income (loss) from discontinued operations before income taxes			(251,000)	758,000	(1,214,000)	(9,908,000)
Income tax expense (benefit)			47,000	(117,000)	(262,000)	(3,694,000)
Income (loss) from discontinued operations			(298,000)	875,000	(952,000)	(6,214,000)
Gain on sale of discontinued operations, inclusive of tax benefit of ($2,206) for the nine months ended September 30, 2015 and tax provision of $1,295 for the nine months ended September 30, 2014			0	0	3,765,000	2,428,000
Income (loss) from discontinued operations, net of income taxes			$ (298,000)	$ 875,000	2,813,000	$ (3,786,000)
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%
Notes Receivable, Fair Value Disclosure	$ 18,000,000
Proceeds from divestiture of businesses	90,000,000
Amount of consideration received	110,000,000
Liabilities of Disposal Group, Including Discontinued Operation [Abstract]
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 | facility		2
Lawn and Garden
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Restructuring Charges	$ 14

Account Receivable Factoring (D

Account Receivable Factoring (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts receivable sold during the quarter	$ 3.9	$ 8.1
Proceeds from sale of account receivables	3.7	$ 7.9
Selling, General and Administrative Expenses
Accounts, Notes, Loans and Financing Receivable [Line Items]
Cost and expense related to sale	$ 0.2

Inventories (Details)

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

Other Accrued Expenses (Details

Other Accrued Expenses (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Payables and Accruals [Abstract]
Deposits and amounts due to customers	$ 2,836	$ 10,591
Dividends payable	4,250	4,267
Accrued legal and professional fees	679	3,458
Other accrued expenses	10,234	7,856
Other accrued expenses, Total	$ 17,999	$ 26,172

Goodwill and Intangible Asset44

Goodwill and Intangible Assets (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2015USD ($)
Goodwill [Roll Forward]
Balance at December 31, 2014	$ 66,639
Measurement Period Adjustments	(300)
Foreign Currency Translation	(7,967)
Balance at September 30, 2015	58,372
Material Handling
Goodwill [Roll Forward]
Balance at December 31, 2014	66,134
Measurement Period Adjustments	(300)
Foreign Currency Translation	(7,967)
Balance at September 30, 2015	57,867
Distribution
Goodwill [Roll Forward]
Balance at December 31, 2014	505
Measurement Period Adjustments	0
Foreign Currency Translation	0
Balance at September 30, 2015	$ 505

Goodwill and Intangible Asset45

Goodwill and Intangible Assets (Intangibles) (Details) - USD ($) $ in Millions	Sep. 30, 2015	Dec. 31, 2014
Trade Names
Indefinite-lived Intangible Assets [Line Items]
Carrying value of indefinite-lived intangible assets	$ 10.8	$ 11.3

Net Income Per Common Share (De

Net Income Per Common Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Earnings Per Share [Abstract]
Basic (in shares)	30,674,604	31,641,680	30,873,594	32,510,415
Dilutive effect of stock options and restricted stock (in shares)	275,968	0	339,488	488,967
Weighted average common shares outstanding diluted (in shares)	30,950,572	31,641,680	31,213,082	32,999,382

Net Income (Loss) Per Common 47

Net Income (Loss) Per Common Share Weighted average number of common shares outstanding during the period (Details) - shares	3 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Stock Option
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Options to purchase common stock outstanding (in shares)	435,559	463,200	198,500

Stock Compensation (Details)

Stock Compensation (Details) - USD ($) $ / shares in Units, $ in Millions	Mar. 05, 2014	Mar. 31, 2015	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period, in years					3 years
Stock based compensation			$ 2.4	$ 0.8	$ 4	$ 2.4
Options Granted (in shares)					208,200
The total intrinsic value of all stock options exercised				$ 0.2	$ 0.6	$ 1.6
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			$ 3		$ 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)	9 Months Ended
	Sep. 30, 2015$ / shares
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)	9 Months Ended
	Sep. 30, 2015$ / sharesshares
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)	(71,567)
Outstanding at September 30, 2015	1,553,228
Exercisable at September 30, 2015	1,179,025
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding, Average Price (in dollars per share) | $ / shares	$ 13.24
Options granted, average exercise price (in dollars per share) | $ / shares	18.67
Options exercised, average exercise price (in dollars per share) | $ / shares	12.53
Cancelled or forfeited, average exercise price (in dollars per share) | $ / shares	17.30
Outstanding, Average Price (in dollars per share) | $ / shares	13.83
Exercisable, Average Exercise Price (in dollars per share) | $ / shares	$ 12.32
Outstanding, Weighted Average Life	5 years 5 months 28 days
Exercisable, Weighted Average Life	4 years 3 months

Stock Compensation Summary of r

Stock Compensation Summary of restricted stock activity (Details) - Restricted Stock [Member] - $ / shares	Mar. 05, 2014	Sep. 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)		(138,902)
Cancelled or forfeited (in shares)		(22,798)
Unvested (in shares)		167,996
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)		15.54
Cancelled or Forfeited, Average Grant Date Fair Value (in dollars per share)		18.63
Unvested shares, Average Grant Date Fair Value (in dollars per share)		$ 18.61

Contingencies Contingencies (De

Contingencies Contingencies (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2011	Sep. 30, 2015	Nov. 30, 2011
Loss Contingencies [Line Items]
Estimate of EPA's interim removal project costs	$ 1.6			$ 1.6	$ 0.5
Contingency accrual	(1.3)			(2.3)
Patent Infringement Against Orbis Corp
Loss Contingencies [Line Items]
Contingency accrual	3	$ (3)
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	Sep. 30, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Long-term Debt	$ 215,284	$ 237,109
Long-term Debt, net of deferred financing costs	214,735	236,429
Loan Agreement
Debt Instrument [Line Items]
Long-term Debt	115,284	137,109
Less unamortized deferred financing fees
Debt Instrument [Line Items]
Less unamortized deferred financing fees	549	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	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 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		4.74%	4.63%	3.55%	4.10%
Long-term Debt		$ 215,284,000		$ 215,284,000		$ 237,109,000
Loan Agreement
Debt Instrument [Line Items]
Remaining amount available under the line of credit		180,400,000		180,400,000
Long-term Debt		115,284,000		115,284,000		137,109,000
Less unamortized deferred financing fees
Debt Instrument [Line Items]
Unamortized debt issuance expense		$ 549,000		$ 549,000		$ 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		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 68	$ 70	$ 204	$ 210
Expected return on assets	(83)	(93)	(248)	(278)
Amortization of actuarial net loss	22	11	66	34
Net periodic pension (benefit) cost	7	(12)	22	(34)
Company contributions	$ 0	$ 84	$ 148	$ 237

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	Sep. 30, 2015	Sep. 30, 2014
Income Tax Disclosure [Abstract]
Unrecognized tax benefits that would impact effective tax rate	$ 0.2	$ 0.7
Accrued income taxes	0.1
Unrecognized Tax Benefits	$ 0.2

Segment Information Schedule of

Segment Information Schedule of Net Sales by Segment (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)	Sep. 30, 2015USD ($)Segments	Sep. 30, 2014USD ($)
Segment Reporting [Abstract]
Number of segments | Segments			2
Segment Reporting Information [Line Items]
Net Sales	$ 141,661	$ 162,109	$ 462,344	$ 465,378
Material Handling
Segment Reporting Information [Line Items]
Net Sales	92,479	112,277	320,534	322,000
Distribution
Segment Reporting Information [Line Items]
Net Sales	49,212	49,908	141,909	143,580
Intra-segment Elimination [Member]
Segment Reporting Information [Line Items]
Net Sales	$ (30)	$ (76)	$ (99)	$ (202)

Segment Information Schedule 58

Segment Information Schedule of Income Before Income Taxes by Segment (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Sep. 30, 2015	Sep. 30, 2014
Segment Reporting Information [Line Items]
Operating income	$ 2,578	$ (2,678)	$ 29,037	$ 17,491
Interest Expense	(1,729)	(2,637)	(6,899)	(5,888)
Income (loss) from continuing operations before income taxes	849	(5,315)	22,138	11,603
Material Handling
Segment Reporting Information [Line Items]
Operating income	7,369	(426)	41,622	23,879
Distribution
Segment Reporting Information [Line Items]
Operating income	5,558	4,133	13,557	12,716
Corporate
Segment Reporting Information [Line Items]
Operating income	$ (10,349)	$ (6,385)	$ (26,142)	$ (19,104)

Segment Information (Identifiab

Segment Information (Identifiable Assets) (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Assets	$ 445,382	$ 564,833
Material Handling
Segment Reporting Information [Line Items]
Assets	343,300	370,501
Distribution
Segment Reporting Information [Line Items]
Assets	66,033	57,523
Corporate
Segment Reporting Information [Line Items]
Assets	36,049	19,034
Discontinued operations
Segment Reporting Information [Line Items]
Assets	$ 0	$ 117,775