Bel Fuse (BELFB) 10-Q 11 Aug 14 2014 Q2 Quarterly report Financial data

Document_and_Entity_Informatio

Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 01, 2014	Aug. 01, 2014
		Class A Common Stock [Member]	Class B Common Stock [Member]
Entity Information [Line Items]	'	'	'
Entity Registrant Name	'BEL FUSE INC /NJ	'	'
Entity Central Index Key	'0000729580	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Filer Category	'Accelerated Filer	'	'
Entity Common Stock, Shares Outstanding	'	2,174,912	9,702,877
Document Fiscal Year Focus	'2014	'	'
Document Fiscal Period Focus	'Q2	'	'
Document Type	'10-Q	'	'
Amendment Flag	'false	'	'
Document Period End Date	30-Jun-14	'	'

CONDENSED_CONSOLIDATED_BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Current Assets:	'	'
Cash and cash equivalents	$87,769	$62,123
Accounts receivable - less allowance for doubtful accounts of $1,900 and $941 at June 30, 2014 and December 31, 2013, respectively	97,507	63,849
Inventories	98,706	70,019
Prepaid expenses and other current assets	7,486	3,519
Refundable income taxes	2,446	1,650
Deferred income taxes	4,963	2,995
Total Current Assets	298,877	204,155
Property, plant and equipment - net	67,051	40,896
Deferred income taxes	3,537	1,680
Intangible assets - net	49,689	29,472
Goodwill	55,644	18,490
Other assets	20,045	13,448
TOTAL ASSETS	494,843	308,141
Current Liabilities:	'	'
Accounts payable	58,369	29,518
Accrued expenses	40,435	22,442
Short-term borrowings under revolving credit line	0	12,000
Current maturities of long-term debt	7,250	0
Notes payable	479	739
Income taxes payable	1,562	1,496
Dividends payable	843	786
Total Current Liabilities	108,938	66,981
Long-term Liabilities:	'	'
Long-term debt, noncurrent	137,750	0
Liability for uncertain tax positions	1,687	1,218
Minimum pension obligation and unfunded pension liability	11,376	10,830
Other long-term liabilities	508	410
Total Long-term Liabilities	151,321	12,458
Total Liabilities	260,259	79,439
Commitments and Contingencies	'	'
Stockholders' Equity:	'	'
Preferred stock, no par value, 1,000,000 shares authorized; none issued	0	0
Additional paid-in capital	20,089	18,914
Retained earnings	211,994	207,993
Accumulated other comprehensive loss	1,351	645
Total Stockholders' Equity	234,584	228,702
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	494,843	308,141
Class A [Member]	'	'
Stockholders' Equity:	'	'
Common Stock	217	217
Class B [Member]	'	'
Stockholders' Equity:	'	'
Common Stock	$933	$933

CONDENSED_CONSOLIDATED_BALANCE1

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, except Share data, unless otherwise specified
Current Assets	'	'
Accounts receivable, allowance for doubtful accounts	$1,900	$941
Stockholders' Equity:	'	'
Preferred stock, par value (in dollars per share)	$0	$0
Preferred stock, authorized (in shares)	1,000,000	1,000,000
Preferred stock, issued (in shares)	0	0
Class A [Member]	'	'
Stockholders' Equity:	'	'
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, authorized (in shares)	10,000,000	10,000,000
Common stock, outstanding (in shares)	2,174,912	2,174,912
Common stock, treasury shares (in shares)	1,072,769	1,072,769
Class B [Member]	'	'
Stockholders' Equity:	'	'
Common stock, par value (in dollars per share)	$0.10	$0.10
Common stock, authorized (in shares)	30,000,000	30,000,000
Common stock, outstanding (in shares)	9,330,877	9,335,677
Common stock, treasury shares (in shares)	3,218,307	3,218,307

CONDENSED_CONSOLIDATED_STATEME

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Net Sales	$99,439	$93,981	$182,085	$157,009
Costs and expenses:	'	'	'	'
Cost of sales	81,493	78,717	150,069	132,649
Selling, general and administrative	13,176	12,342	24,365	22,741
Restructuring charge	1,056	1,263	1,056	1,387
Total costs and expenses	95,725	92,322	175,490	156,777
Income from operations	3,714	1,659	6,595	232
Interest expense	-225	-5	-255	-8
Interest income and other, net	49	69	100	107
Earnings before provision (benefit) for income taxes	3,538	1,723	6,440	331
Provision (benefit) for income taxes	473	34	872	-800
Net earnings	3,065	1,689	5,568	1,131
Class A [Member]	'	'	'	'
Costs and expenses:	'	'	'	'
Net earnings	545	299	987	187
Earnings per share:	'	'	'	'
Common share - basic and diluted (in dollars per share)	$0.25	$0.14	$0.45	$0.09
Weighted-average shares outstanding:	'	'	'	'
Common share - basic and diluted (in shares)	2,174,912	2,174,912	2,174,912	2,174,912
Dividends paid per share:	'	'	'	'
Common share (in dollars per share)	$0.06	$0.06	$0.12	$0.12
Class B [Member]	'	'	'	'
Costs and expenses:	'	'	'	'
Net earnings	$2,520	$1,390	$4,581	$944
Earnings per share:	'	'	'	'
Common share - basic and diluted (in dollars per share)	$0.27	$0.15	$0.49	$0.10
Weighted-average shares outstanding:	'	'	'	'
Common share - basic and diluted (in shares)	9,331,982	9,213,178	9,333,460	9,217,119
Dividends paid per share:	'	'	'	'
Common share (in dollars per share)	$0.07	$0.07	$0.14	$0.14

CONDENSED_CONSOLIDATED_STATEME1

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) [Abstract]	'	'	'	'
Net earnings	$3,065	$1,689	$5,568	$1,131
Other comprehensive income:	'	'	'	'
Currency translation adjustment, net of taxes of $89, $5, $123 and ($216), respectively	368	231	537	-1,182
Unrealized holding losses on marketable securities arising during the period, net of taxes of $48, ($63), $65 and ($11), respectively	78	-103	106	-18
Change in unfunded SERP liability, net of taxes of $14, $24, $28 and ($4), respectively	32	53	63	-8
Other comprehensive income (loss)	478	181	706	-1,208
Comprehensive income (loss)	$3,543	$1,870	$6,274	($77)

CONDENSED_CONSOLIDATED_STATEME2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) (Parenthetical) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Other comprehensive income:	'	'	'	'
Currency translation adjustment, tax	$89	$5	$123	($216)
Unrealized holding losses on marketable securities arising during the period, tax	48	-63	65	-11
Change in unfunded SERP liability, tax	$14	$24	$28	($4)

CONDENSED_CONSOLIDATED_STATEME3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013
Cash flows from operating activities:	'	'
Net earnings	$5,568	$1,131
Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:	'	'
Depreciation and amortization	6,507	5,397
Stock-based compensation	1,143	934
Gain on disposal of property, plant and equipment	0	-13
Other, net	269	471
Deferred income taxes	-475	-1,120
Changes in operating assets and liabilities (see page 6)	-318	-10,661
Net Cash Provided by (Used In) Operating Activities	12,694	-3,861
Cash flows from investing activities:	'	'
Increase in cash equivalents within Rabbi Trust	-2,936	0
Purchase of company-owned life insurance (COLI)	-2,820	0
Purchase of property, plant and equipment	-2,969	-3,088
Payment for acquisition, net of cash acquired (see page 6)	-109,879	-20,932
Proceeds from surrender of COLI	5,756	0
Proceeds from disposal of property, plant and equipment	20	13
Net Cash Used in Investing Activities	-112,828	-24,007
Cash flows from financing activities:	'	'
Dividends paid to common shareholders	-1,511	-1,512
Deferred financing costs	-5,422	0
Repayments under revolving credit line	-12,000	0
(Decrease) increase in notes payable	-255	149
Proceeds from long-term debt	145,000	0
Purchase and retirement of Class B common stock	0	-3,356
Net Cash Provided by (Used In) Financing Activities	125,812	-4,719
Effect of exchange rate changes on cash	-32	-76
Net Increase (Decrease) in Cash and Cash Equivalents	25,646	-32,663
Cash and Cash Equivalents - beginning of period	62,123	71,262
Cash and Cash Equivalents - end of period	87,769	38,599
Changes in operating assets and liabilities consist of:	'	'
Increase in accounts receivable	-4,235	-7,894
Decrease (increase) in inventories	4,539	-4,497
Increase in prepaid expenses and other current assets	-701	-1,071
Increase in other assets	-312	-27
Increase in accounts payable	2,692	2,487
Decrease in accrued expenses	-2,298	-428
Increase in other liabilities	6	29
Increase in accrued restructuring costs	0	1,069
Decrease in income taxes payable	-9	-329
Changes in operating assets and liabilities (see page 6)	-318	-10,661
Cash paid during the period for:	'	'
Income taxes, net of refunds received	1,387	651
Interest	60	6
Details of acquisitions:	'	'
Fair value of identifiable net assets acquired	93,258	28,108
Goodwill	37,534	1,240
Fair value of net assets acquired	130,792	29,348
Less: Cash acquired in acquisition	-20,913	-8,388
Deferred consideration	0	-28
Cash paid for acquisitions, net of cash acquired	$109,879	$20,932

BASIS_OF_PRESENTATION_AND_ACCO

BASIS OF PRESENTATION AND ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2014
BASIS OF PRESENTATION AND ACCOUNTING POLICIES [Abstract]	'
BASIS OF PRESENTATION AND ACCOUNTING POLICIES	'
	1.	BASIS OF PRESENTATION AND ACCOUNTING POLICIES
	The condensed consolidated balance sheet as of June 30, 2014, and the condensed consolidated statements of operations, comprehensive income and cash flows for the periods presented herein have been prepared by Bel Fuse Inc. (the “Company” or “Bel”) and are unaudited. In the opinion of management, all adjustments (consisting solely of normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows for all periods presented have been made.  The results for the three and six months ended June 30, 2014 should not be viewed as indicative of the Company’s annual results or the Company’s results for any other period.  The information for the condensed consolidated balance sheet as of December 31, 2013 was derived from audited financial statements.  These financial statements should be read in conjunction with the consolidated financial statements and footnotes thereto included in the Bel Fuse Annual Report on Form 10-K for the year ended December 31, 2013.
	On March 9, 2012, the Company completed its acquisition of 100% of the issued and outstanding capital stock of GigaCom Interconnect AB (“GigaCom”).  On July 31, 2012, the Company consummated its acquisition of 100% of the issued and outstanding capital stock of Fibreco Ltd. (“Fibreco”).  On September 12, 2012, the Company completed its acquisition of 100% of the issued and outstanding capital stock of Powerbox Italia S.r.L (“Powerbox”).  The acquisitions of GigaCom, Fibreco and Powerbox may hereafter be referred to collectively as either the “2012 Acquisitions” or the “2012 Acquired Companies”.  Accordingly, as of the respective acquisition dates, all of the assets acquired and liabilities assumed were recorded at their preliminary fair values.  The accompanying condensed consolidated statement of operations for the three and six months ended June 30, 2013 have been restated to reflect immaterial measurement period adjustments related to the applicable 2012 Acquisitions.
	On March 29, 2013, the Company completed its acquisition of 100% of the issued and outstanding capital stock of Transpower Technologies (HK) Limited (“Transpower”) and certain other tangible and intangible assets related to the Transpower magnetics business of TE Connectivity (“TRP”).  On August 20, 2013, the Company completed its acquisition of 100% of the issued and outstanding capital stock of Array Connector Corporation (“Array”). The acquisitions of TRP and Array may hereafter be referred to collectively as either the “2013 Acquisitions” or the “2013 Acquired Companies”.  Accordingly, as of the respective acquisition dates, all of the assets acquired and liabilities assumed were recorded at their preliminary fair values. The Company’s condensed consolidated results of operations include the operating results of the 2013 Acquisitions since their respective acquisition dates.  The accompanying condensed consolidated financial statements as of December 31, 2013 and for the three and six months ended June 30, 2013 have been restated to reflect measurement period adjustments, as further described in Note 3, related to the  TRP acquisition.
	On June 19, 2014, the Company completed its acquisition of 100% of the issued and outstanding capital stock of the Power-One Power Solutions business (“Power Solutions”) of ABB Ltd.  The Company’s condensed consolidated results of operations for the three and six months ended June 30, 2014 include the operating results of Power Solutions from the acquisition date through June 30, 2014.
	Recent Accounting Pronouncements
	The Company’s significant accounting policies are summarized in Note 1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.  There were no significant changes to these accounting policies during the six months ended June 30, 2014.
	Recently Adopted Standards
	In July 2013, the FASB issued revised guidance to address the diversity in practice related to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The Company adopted this guidance as of January 1, 2014, on a prospective basis. The adoption did not have a material impact on the Company’s financial statements.
	Standards Issued Not Yet Adopted
	In April 2014, the FASB issued guidance for the reporting of discontinued operations, which also contains new disclosure requirements for both discontinued operations and other disposals that do not meet the definition of a discontinued operation. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Management believes that the adoption of this guidance will not have a material impact on the Company’s financial statements.
	In May 2014, the FASB issued guidance on the accounting for revenue from contracts with customers that will supersede most existing revenue recognition guidance, including industry-specific guidance. The core principle requires an entity to recognize revenue to depict the transfer of goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, the guidance requires enhanced disclosures regarding the nature, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Entities can choose to apply the guidance using either the full retrospective approach or a modified retrospective approach. Management is currently evaluating the impact that this guidance will have on the Company’s financial statements, if any, including which transition method it will adopt.

EARNINGS_PER_SHARE

EARNINGS PER SHARE	6 Months Ended
	Jun. 30, 2014
EARNINGS PER SHARE [Abstract]	'
EARNINGS PER SHARE	'
	2.	EARNINGS PER SHARE
	The Company utilizes the two-class method to report its earnings per share.  The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock according to dividends declared and participation rights in undistributed earnings.  The Company’s Certificate of Incorporation, as amended, states that Class B common shares are entitled to dividends at least 5% greater than dividends paid to Class A common shares, resulting in the two-class method of computing earnings per share.  In computing earnings per share, the Company has allocated dividends declared to Class A and Class B based on amounts actually declared for each class of stock and 5% more of the undistributed earnings have been allocated to Class B shares than to the Class A shares on a per share basis.  Basic earnings per common share are computed by dividing net earnings by the weighted-average number of common shares outstanding during the period.  Diluted earnings per common share, for each class of common stock, are computed by dividing net earnings by the weighted-average number of common shares and potential common shares outstanding during the period. There were no potential common shares outstanding during the three or six months ended June 30, 2014 or June 30, 2013 which would have had a dilutive effect on earnings per share.
	The earnings and weighted-average shares outstanding used in the computation of basic and diluted earnings per share are as follows (dollars in thousands, except share and per share data):
			Three Months Ended				Six Months Ended
			June 30,				June 30,
			2014		2013		2014		2013
	Numerator:
	Net earnings		$	3,065	$	1,689	$	5,568	$	1,131
	Less Dividends declared:
	Class A			131		131		261		261
	Class B			653		643		1,307		1,275
	Undistributed earnings (loss)		$	2,281	$	915	$	4,000	$	(405	)
	Undistributed earnings (loss) allocation - basic and diluted:
	Class A undistributed earnings (loss)		$	414	$	168	$	726	$	(74	)
	Class B undistributed earnings (loss)			1,867		747		3,274		(331	)
	Total undistributed earnings (loss)		$	2,281	$	915	$	4,000	$	(405	)
	Net earnings allocation - basic and diluted:
	Class A net earnings		$	545	$	299	$	987	$	187
	Class B net earnings			2,520		1,390		4,581	$	944
	Net earnings		$	3,065	$	1,689	$	5,568	$	1,131
	Denominator:
	Weighted-average shares outstanding:
	Class A common share - basic and diluted			2,174,912		2,174,912		2,174,912		2,174,912
	Class B common share - basic and diluted			9,331,982		9,213,178		9,333,460		9,217,119
	Earnings per share:
	Class A common share - basic and diluted		$	0.25	$	0.14	$	0.45	$	0.09
	Class B common share - basic and diluted		$	0.27	$	0.15	$	0.49	$	0.1

ACQUISITIONS

ACQUISITIONS	6 Months Ended
	Jun. 30, 2014
ACQUISITIONS [Abstract]	'
ACQUISITIONS	'
	3.           ACQUISITIONS
	2014 Acquisition:
	On June 19, 2014, the Company completed its acquisition of Power Solutions for $110.0 million, net of cash acquired.  Power Solutions is a leading provider of high-efficiency and high-density power conversion products for server, storage and networking equipment, industrial applications and power systems.  Power Solutions offers a premier line of standard, modified-standard and custom designed AC/DC, DC/DC and other specific power conversion products for a variety of technologies in data centers, telecommunications and industrial applications.  The acquisition of Power Solutions brings a complementary, industry-leading power product portfolio to Bel’s existing line of power products, expands our current customer base in the areas of server, storage and networking equipment and adds industrial and additional transportation applications to the Company’s product offering.
	During the three and six months ended June 30, 2014, the Company incurred $1.0 million and $1.0 million, respectively, of acquisition-related costs associated with the acquisition of Power Solutions.  These costs are included in selling, general and administrative expense in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2014.
	While the initial accounting related to the acquisition of Power Solutions is not complete as of the filing date of this Quarterly Report on Form 10-Q, the following table depicts the Company’s current estimate of the respective acquisition date fair values of the consideration paid and identifiable net assets acquired (in thousands):
			Acquisition-Date
			Fair Values
	Cash and cash equivalents		$	20,913
	Accounts receivable			29,388
	Inventories			33,156		(a)
	Other current assets			5,387
	Property, plant and equipment			28,176		(b)
	Intangible assets			21,188		(c)
	Other assets			536
	Total identifiable assets			138,744
	Accounts payable			(26,180	)
	Accrued expenses			(20,290	)
	Income taxes payable			223
	Deferred income tax liability, noncurrent			860
	Other long-term liabilities			(99	)
	Total liabilities assumed			(45,486	)
	Net identifiable assets acquired			93,258
	Goodwill			37,534		(d)
	Net assets acquired		$	130,792
	Cash paid		$	130,792
	Deferred consideration			-
	Fair value of consideration transferred		$	130,792
	(a)	The determination of fair value related to the inventory acquired was still in progress as of the date of this filing.  The amount above represents only the carrying value of the inventory on Power Solutions’ balance sheet as of the acquisition date.
	(b)	The appraisals related to machinery and equipment acquired were incomplete as of this filing date and, as such, the amount noted above represents only the carrying value of those assets on Power Solutions’ balance sheet as of the acquisition date.
	(c)	The Company has identified certain intangible assets related to the Power Solutions acquisition, including trademarks and trade names, developed technology and potential in-process research and development, license agreements, non-compete agreements, an investment in a 49%-owned joint venture and customer relationships, which are being valued by a third-party appraiser.  These appraisals were not complete as of the date of this filing.
	(d)	The amount of goodwill is provisional as of the filing date, as the fair value determination of inventory acquired, and appraisals related to property, plant and equipment, various intangible assets and certain liabilities such as lease liabilities are still underway.  As the final amount of goodwill has not yet been determined or allocated by segment, the Company is unable to determine at this time the portion of goodwill, if any, that will be deductible for tax purposes.
	The results of operations of Power Solutions have been included in the Company’s consolidated financial statements for the period subsequent to the June 19, 2014 acquisition date.  During each of the three and six months ended June 30, 2014, the Power Solutions acquisition contributed revenue of $7.2 million and a net loss of approximately $0.8 million to the Company’s consolidated financial results.  The net loss resulted primarily from severance payments incurred by the Company immediately subsequent to the acquisition date.
	The following unaudited pro forma information presents a summary of the combined results of operations of the Company and the aggregate results of TRP, Array and Power Solutions for the periods presented as if the 2013 Acquisitions had occurred on January 1,2012 and the acquisition of Power Solutions had occurred on January 1, 2013, along with certain pro forma adjustments. These proforma adjustments give effect to the amortization of certain definite-lived intangible assets, adjusted depreciation based upon estimated fair value of assets acquired, interest expense and amortization of deferred financing costs related to the financing of the business combinations, and related tax effects. The 2014 unaudited pro forma net earnings were adjusted to exclude $10.2 million ($6.9 million after tax) of non-recurring expenses which were incurred in connection with the Power Solutions business combination. The 2013 unaudited pro forma net earnings were adjusted to include these charges in addition to an estimated non-recurring expense related to a fair value adjustment to acquisition-date inventory of $1.8 million and $4.4 million ($1.1 million and $2.7 million after tax) during the three and six months ended June 30, 2013, respectively. The pro forma results do not reflect the realization of any potential cost savings, or any related integration costs. Certain cost savings may result from the acquisition of Power Solutions; however, there can be no assurance that these cost savings will be achieved. The unaudited pro forma results are presented for illustrative purposes only and are not necessarily indicative of the results that would have actually been obtained if the acquisitions had occurred on the assumed dates, nor is the pro forma data intended to be a projection of results that may be obtained in the future (in thousands):
			Three Months Ended							Six Months Ended
			June 30,							June 30,
			2014				2013			2014			2013
	Revenue			136,984				161,481			278,451			305,250
	Net earnings			(3,336	)			1,382			233			(5,977	)
	Earnings per Class A common share - basic and diluted			(0.28	)			0.11			0.01			(0.51	)
	Earnings per Class B common share - basic and diluted			(0.29	)			0.12			0.02			(0.53	)
	2013 Acquisitions:
	On March 29, 2013, the Company completed its acquisition of TRP for $21.0 million, net of cash acquired. The Company’s purchase of TRP consisted of the integrated connector module (“ICM”) family of products, including RJ45, 10/100 Gigabit, 10G, PoE/PoE+, MRJ21 and RJ.5, a line of modules for smart-grid applications, and discrete magnetics.
	On August 20, 2013, the Company completed its acquisition of Array, a manufacturer of aerospace and mil-spec connector products based in Miami, Florida, for $10.0 million in cash.  The acquisition of Array expands the Company’s portfolio of connector products that can be offered to the combined customer base, and provides an opportunity to sell other products that Bel manufactures to Array’s customers.  Array has become part of Bel’s Cinch Connector business.
	During the three and six months ended June 30, 2014, the Company incurred $0.1 million and $0.1 million, respectively, of acquisition-related costs associated with 2012 and 2013 Acquisitions.  During the three and six months ended June 30, 2013, the Company incurred acquisition costs of $0.3 million and $0.7 million, respectively, related to the 2012 and 2013 Acquisitions.  These costs are included in selling, general and administrative expense in the accompanying condensed consolidated statements of operations for the three and six months ended June 30, 2014 and 2013.
	The purchase price allocations for TRP and Array were finalized during the first quarter of 2014.  The following table depicts the finalized respective acquisition date fair values of the consideration paid and identifiable net assets acquired (in thousands):
			TRP										Array									2013 Acquisitions
							Measurement			March 29,						Measurement			August 20,			Acquisition-Date
			March 29,				Period			2013			August 20,			Period			2013			Fair Values
			2013				Adjustments			(As finalized)			2013			Adjustments			(As finalized)			(As finalized)
	Cash		$	8,388			$	-		$	8,388		$	-		$	-		$	-		$	8,388
	Accounts receivable			11,580				(39	)		11,541			994			-			994			12,535
	Inventories			6,258				1,097			7,355			2,588			(1,595	)		993			8,348
	Other current assets			1,953				(334	)		1,619			83			345			428			2,047
	Property, plant and equipment			4,693				1,097			5,790			2,285			1,225			3,510			9,300
	Intangible assets			-				6,110			6,110			-			1,470			1,470			7,580
	Other assets			1,151				198			1,349			84			1,663			1,747			3,096
	Total identifiable assets			34,023				8,129			42,152			6,034			3,108			9,142			51,294
	Accounts payable			(8,565	)			331			(8,234	)		(677	)		1			(676	)		(8,910	)
	Accrued expenses			(4,003	)			(462	)		(4,465	)		(206	)		(79	)		(285	)		(4,750	)
	Other current liabilities			(25	)			(734	)		(759	)		(214	)		214			-			(759	)
	Noncurrent liabilities			-				(586	)		(586	)		(643	)		(1,105	)		(1,748	)		(2,334	)
	Total liabilities assumed			(12,593	)			(1,451	)		(14,044	)		(1,740	)		(969	)		(2,709	)		(16,753	)
	Net identifiable assets acquired			21,430				6,678			28,108			4,294			2,139			6,433			34,541
Goodwill			8,278				(7,038	)		1,240			5,666			(2,094	)		3,572			4,812
Net assets acquired		$	29,708			$	(360	)	$	29,348		$	9,960		$	45		$	10,005		$	39,353
Cash paid		$	22,400			$	6,948		$	29,348		$	9,960		$	45		$	10,005		$	39,353
Assumption of severance payment			109				(109	)		-			-			-			-			-
Fair value of consideration
transferred			22,509				6,839			29,348			9,960			45			10,005			39,353
Deferred consideration			7,199				(7,199	)		-			-			-			-			-
Total consideration paid		$	29,708			$	(360	)	$	29,348		$	9,960		$	45		$	10,005		$	39,353
The measurement period adjustments noted above primarily relate to adjustments to fair value based on the appraisals on inventory, property, plant and equipment, and intangible assets.  In addition, various other asset and liability accounts had measurement period adjustments related to deferred taxes.
The results of operations of the 2013 Acquired Companies have been included in the Company’s consolidated financial statements for the period subsequent to their respective acquisition dates.  During the three and six months ended June 30, 2014, the 2013 Acquired Companies contributed revenue of $19.7 million and $37.6 million, respectively, and net earnings of $3.7 million and $4.8 million, respectively, to the Company’s consolidated financial results.  During each of the three and six months ended June 30, 2013, the 2013 Acquired Companies contributed revenue of $22.2 million and net earnings of $3.3 million to the Company’s consolidated financial results.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	4.   FAIR VALUE MEASUREMENTS
	Fair value is defined as an exit price, representing the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants based upon the best use of the asset or liability at the measurement date.  Entities are required to use a fair value hierarchy which maximizes the use of observable inputs and minimizes the use of unobservable inputs when measuring fair value.  There are three levels of inputs that may be used to measure fair value:
	Level 1 – Observable inputs such as quoted market prices in active markets
	Level 2 – Inputs other than quoted prices in active markets that are either directly or indirectly observable
	Level 3 – Unobservable inputs about which little or no market data exists, therefore requiring an entity to develop its own assumptions
	As of June 30, 2014 and December 31, 2013, the Company held certain financial assets that are measured at fair value on a recurring basis.  These consisted of securities that are among the Company’s investments in a Rabbi Trust which are intended to fund the Company’s Supplemental Executive Retirement Plan (“SERP”) obligations, and other marketable securities described below.  The securities that are held in the Rabbi Trust are categorized as available-for-sale securities and are included as other assets in the accompanying condensed consolidated balance sheets at June 30, 2014 and December 31, 2013.  The gross unrealized gains associated with the investment securities held in the Rabbi Trust were $0.6 million and $0.4 million at June 30, 2014 and December 31, 2013, respectively.  Such unrealized gains are included, net of tax, in accumulated other comprehensive income.
	As of June 30, 2014 and December 31, 2013, the Company had other marketable securities with a combined fair value of less than $0.1 million at each date, and gross unrealized gains of less than $0.1 million at each date.  Such unrealized gains are included, net of tax, in accumulated other comprehensive income.  The fair value of the equity securities is determined based on quoted market prices in public markets and is categorized as Level 1.  The Company does not have any financial assets measured at fair value on a recurring basis categorized as Level 3, and there were no transfers in or out of Level 1, Level 2 or Level 3 during the first six months of 2014.  There were no changes to the Company’s valuation techniques used to measure asset fair values on a recurring or nonrecurring basis during the first six months of 2014.
	The following table sets forth by level, within the fair value hierarchy, the Company’s financial assets accounted for at fair value on a recurring basis as of June 30, 2014 and December 31, 2013 (dollars in thousands).
				Assets at Fair Value Using
		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	As of June 30, 2014
	Available-for-sale securities:
	Investments held in Rabbi Trust	$	3,485	$	3,485	$	-	$	-
	Marketable securities		4		4		-		-
	Total	$	3,489	$	3,489	$	-	$	-
	As of December 31, 2013
	Available-for-sale securities:
	Investments held in Rabbi Trust	$	3,313	$	3,313	$	-	$	-
	Marketable securities		3		3		-		-
	Total	$	3,316	$	3,316	$	-	$	-
	The Company has other financial instruments, such as cash equivalents, cash equivalents held within the Rabbi Trust, accounts receivable, notes receivable, accounts payable, notes payable and accrued expenses, which are not measured at fair value on a recurring basis but are recorded at amounts that approximate fair value due to their liquid or short-term nature.  The fair value of the Company’s long-term debt is estimated using a discounted cash flow method based on interest rates that are currently available for debt issuances with similar terms and maturities.  At June 30, 2014, the estimated fair value of long-term debt was $144.8 million compared to a carrying amount of $145.0 million.  The Company did not have any other financial liabilities within the scope of the fair value disclosure requirements as of June 30, 2014 or December 31, 2013.
	Nonfinancial assets and liabilities, such as goodwill, indefinite-lived intangible assets and long-lived assets, are accounted for at fair value on a nonrecurring basis.   These items are tested for impairment on the occurrence of a triggering event or, in the case of goodwill and indefinite-lived intangible assets, on at least an annual basis.  There were no triggering events that occurred during the six months ended June 30, 2014 or 2013 that would warrant interim impairment testing.

INVENTORIES

INVENTORIES	6 Months Ended
	Jun. 30, 2014
INVENTORIES [Abstract]	'
INVENTORIES	'
	5.           INVENTORIES
	The components of inventories are as follows (dollars in thousands):
		June 30,		December 31,
		2014		2013
	Raw materials	$	48,873	$	29,428
	Work in progress		12,261		8,783
	Finished goods		37,572		31,808
		$	98,706	$	70,019
	At June 30, 2014, Power Solutions inventory with a book value of $33.4 million is included in the table above.

PROPERTY_PLANT_AND_EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT	6 Months Ended
	Jun. 30, 2014
PROPERTY, PLANT AND EQUIPMENT [Abstract]	'
PROPERTY, PLANT AND EQUIPMENT	'
	6.	PROPERTY, PLANT AND EQUIPMENT
	Property, plant and equipment consist of the following (dollars in thousands):
			June 30,			December 31,
			2014			2013
	Land		$	3,315		$	3,229
	Buildings and improvements			31,156			25,216
	Machinery and equipment			107,032			82,420
	Construction in progress			5,291			4,042
				146,794			114,907
	Accumulated depreciation			(79,743	)		(74,011	)
			$	67,051		$	40,896
	At June 30, 2014, Power Solutions property, plant and equipment with a book value of $28.2 million is included in the table above.

BUSINESS_SEGMENT_INFORMATION

BUSINESS SEGMENT INFORMATION	6 Months Ended
	Jun. 30, 2014
BUSINESS SEGMENT INFORMATION [Abstract]	'
BUSINESS SEGMENT INFORMATION	'
	7.            BUSINESS SEGMENT INFORMATION
	The Company operates in one industry with three reportable operating segments, which are geographic in nature.  The segments consist of North America, Asia and Europe.  The primary criteria by which financial performance is evaluated and resources are allocated are sales and income from operations.  The following is a summary of key financial data (dollars in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Total segment sales:
	North America	$	39,405		$	32,301		$	70,859		$	61,523
	Asia		61,968			64,036			111,860			96,760
	Europe		16,550			10,591			27,441			20,716
	Total segment sales		117,923			106,928			210,160			178,999
	Reconciling item:
	Intersegment sales		(18,484	)		(12,947	)		(28,075	)		(21,990	)
	Net sales	$	99,439		$	93,981		$	182,085		$	157,009
	Income from operations:
	North America	$	(1,617	)	$	(2,012	)	$	(734	)	$	(3,495	)
	Asia		4,715			3,776			6,388			3,112
	Europe		616			(105	)		941			615
		$	3,714		$	1,659		$	6,595		$	232
		June 30,			December 31,
			2014			2013
	Total Assets:
	North America	$	175,953		$	117,261
	Asia		202,476			148,780
	Europe		78,880			42,100
			457,309			308,141
	Unallocated Goodwill		37,534			-
		$	494,843		$	308,141
	Recent Acquisitions – At June 30, 2014, Power Solutions’ total assets of $181.4 million are included in the table above.
	The acquisitions of TRP in March 2013, Array in August 2013 and Power Solutions in June 2014 contributed to Bel’s segment sales, income from operations and total assets as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Sales to External Customers:
	North America:
	Array	$	1,903		$	-		$	3,544		$	-
	Power Solutions		5,037			-			5,037			-
			6,940			-			8,581			-
	Asia:
	TRP		17,227			21,788			32,831			21,788
	Power Solutions		357			-			357			-
			17,584			21,788			33,188			21,788
	Europe:
	TRP		555			392			1,186			392
	Power Solutions		1,839			-			1,839			-
			2,394			392			3,025			392
	Net sales from 2013-2014 acquisitions		26,918			22,180			44,794			22,180
	Income from operations:
	North America:
	Array		(175	)		-			(682	)		-
	Power Solutions		(1,125	)		-			(1,125	)		-
			(1,300	)		-			(1,807	)		-
	Asia:
	TRP		3,710			3,596			5,110			3,587
	Power Solutions		(162	)		-			(162	)		-
			3,548			3,596			4,948			3,587
	Europe:
	TRP		128			104			228			104
	Power Solutions		297			-			297			-
			425			104			525			104
	Total income from operations from
	2013-2014 acquisitions	$	2,673		$	3,700		$	3,666		$	3,691
	Segment Sales – Segment sales are attributed to individual segments based on the geographic source of the billing for such customer sales.  Transfers between geographic areas include finished products and semi-finished components manufactured in any one of the geographic segments and transferred to any of the other geographic segments for sale or further processing. Income from operations represents net sales less operating costs and expenses.

INCOME_TAXES

INCOME TAXES	6 Months Ended
	Jun. 30, 2014
INCOME TAXES [Abstract]	'
INCOME TAXES	'
	8.      INCOME TAXES
	At June 30, 2014 and December 31, 2013, the Company has approximately $2.5 million and $2.2 million, respectively, of liabilities for uncertain tax positions ($0.8 million and $1.0 million, respectively, included in income taxes payable and $1.7 million and $1.2 million, respectively, included in liability for uncertain tax positions) all of which, if recognized, would reduce the Company’s effective tax rate.
	The Company and its subsidiaries file income tax returns in the U.S. federal jurisdiction and various states and foreign jurisdictions.  The Company is no longer subject to U.S. federal examinations by tax authorities for years before 2010 and for state examinations before 2007.   Regarding foreign subsidiaries, the Company is no longer subject to examination by tax authorities for years before 2008 in Asia and generally 2006 in Europe.
	As a result of the expiration of the statute of limitations for specific jurisdictions, it is reasonably possible that the related unrecognized benefits for tax positions taken regarding previously filed tax returns may change materially from those recorded as liabilities for uncertain tax positions in the Company’s condensed consolidated financial statements at June 30, 2014.  A total of $0.8 million of previously recorded liabilities for uncertain tax positions relates principally to the 2010 tax year.  The statute of limitations related to these liabilities is scheduled to expire on September 15, 2014.
	The Company’s policy is to recognize interest and penalties related to unrecognized tax benefits arising from uncertain tax positions as a component of the current provision for income taxes.  During each of the six months ended June 30, 2014 and 2013, the Company recognized an immaterial amount of interest and penalties in the condensed consolidated statements of operations.  The Company has approximately $0.2 million accrued for the payment of such interest and penalties at June 30, 2014 and December 31, 2013, a portion of which is included in each of income taxes payable and liability for uncertain tax positions in the accompanying condensed consolidated balance sheets at each date.
	Upon completion of the acquisition of Power Solutions, it had deferred tax assets of $3.0 million, arising from various temporary differences, which are included in the condensed consolidated balance sheet at June 30, 2014.  At June 30, 2014, the fair market value reports have not been completed and therefore the Company had no additional deferred tax amounts relating to this acquisition.
	The Company intends to make elections to step up the tax basis of the 2014 acquisitions to fair value under IRC Section 338(g).
	Upon the acquisition of TRP, TRP had a deferred tax asset in the amount of $2.2 million arising from various timing differences related to depreciation and accrued expenses.  Upon the acquisition of Array, Array had a deferred tax liability of $0.7 million arising from timing differences related to depreciation and a deferred tax asset of $2.1 million arising from the NOL acquired.  In connection with the 2013 Acquisitions, the Company was required to complete a fair market value report of property, plant and equipment and intangibles.  As a result of that report, the Company established deferred tax liabilities at the date of acquisition in the amount of $0.6 million and $1.0 million respectively for the TRP and Array acquisitions.  At June 30, 2014, a net deferred tax asset of $1.5 million remains on the condensed consolidated balance sheet.
	The Company does not intend to make any election to step up the tax basis of the 2013 acquisitions to fair value under IRC Section 338(g).
	On December 31, 2013, under the “American Taxpayer Relief Act” (“ATRA”), the Research and Experimentation credit (“R&E”) expired.  The Company did not recognize any R&E credits during the six months ended June 30, 2014.  If the R&E credit is extended back to January 1, 2014, the Company will recognize the R&E credit at that time.  The annual R&E credit is approximately $0.4 million.  During the first quarter of 2013, the Company recognized a $0.4 million R&E credit from 2012 as an increase in the March 31, 2013 quarterly benefit for income taxes.
	The Company continues to monitor proposed legislation affecting the taxation of transfers of U.S. intangible property and other potential tax law changes.

ACCRUED_EXPENSES

ACCRUED EXPENSES	6 Months Ended
	Jun. 30, 2014
ACCRUED EXPENSES [Abstract]	'
ACCRUED EXPENSES	'
	9.           ACCRUED EXPENSES
	Accrued expenses consist of the following (dollars in thousands):
		June 30,			December 31,
		2014			2013
	Sales commissions	$	1,903		$	1,431
	Subcontracting labor		2,218			2,406
	Salaries, bonuses and related benefits		24,609			13,674
	Litigation reserve		726			723
	Warranty accrual		3,667			-
	Other		7,312			4,208
		$	40,435		$	22,442
	Warranty Accrual - Power Solutions generally offers its customers a standard two-year warranty on power products sold, although warranty periods may vary by product type and application. The Company reviews its warranty liability quarterly based on an analysis of actual expenses and failure rates by specific product lines and estimated future costs and projected failure rate trends by specific product lines. Factors taken into consideration when evaluating the Company's warranty reserve are (i) historical claims for each product, (ii) the maturity of the product within its life cycle, (iii) volume increases, (iv) life of warranty, (v) historical warranty repair costs and (vi) other factors. To the extent that actual experience differs from our estimate, the provision for product warranties will be adjusted in future periods. Actual warranty repair costs are charged against the reserve balance as incurred.
	A tabular presentation of the activity within the warranty accrual account for the period from the acquisition date of Power Solutions through June 30, 2014 is presented below (in thousands):
		June 30,
		2014
	Beginning balance as of June 19, 2014	$	4,111
	Charges and costs accrued		45
	Adjustments related to pre-existing warranties (including changes in estimates)		-
	Less repair costs incurred		(521	)
	Change due to foreign currency		32
	Ending balance as of June 30, 2014	$	3,667

DEBT

DEBT	6 Months Ended
	Jun. 30, 2014
DEBT [Abstract]	'
DEBT	'
	10.	DEBT
	At December 31, 2013, the Company maintained a $30 million line of credit with Bank of America (the “Credit Agreement”), which was due to expire on October 14, 2016.  At December 31, 2013, the borrowings under the line of credit amounted to $12.0 million and the balance available under the Credit Agreement was $18.0 million.  The Credit Agreement bore interest at LIBOR plus 1.00% to 1.50% based on certain financial statement ratios maintained by the Company.  The interest rate in effect on the borrowings outstanding at December 31, 2013 was 1.4%.  The Company incurred interest expense of less than $0.1 million related to the borrowings under the Credit Agreement during the six months ended June 30, 2014.  There was no interest expense related to the line of credit during the six months ended June 30, 2013 as there were no borrowings outstanding during that period.  Under the terms of the Credit Agreement, the Company was required to maintain certain financial ratios and comply with other financial conditions.  During the six months ended June 30, 2014, the Company repaid the full $12.0 million balance outstanding and terminated the Credit Agreement.
	On June 19, 2014, the Company entered into a senior Credit and Security Agreement with KeyBank National Association (“KeyBank”), as administrative agent and lender, which was amended on June 30, 2014 principally to add a syndicate of additional lenders (as so amended, the “New Secured Credit Agreement”).  The maturity date of the New Secured Credit Agreement is June 18, 2019.
	The New Secured Credit Agreement consists of (i) a $50 million revolving credit facility (“Revolver”), (ii) a $145 million term loan facility (“Term Loan”) and (iii) a $70 million delayed draw term loan (“DDTL”).  Under the terms of the New Secured Credit Agreement, the Company is entitled, subject to the satisfaction of certain conditions, to request additional commitments under the revolving credit facility or term loans in the aggregate principal amount of up to $100 million to the extent that existing or new lenders agree to provide such additional commitments and/or term loans.
	The obligations of the Company under the New Secured Credit Agreement are guaranteed by certain of the Company's material U.S. subsidiaries (together with the Company, the “Loan Parties”) and are secured by a first priority security interest in substantially all of the existing and future personal property of the Loan Parties, certain material real property of the Loan Parties and certain of the Loan Parties’ material U.S. subsidiaries, including 65% of the voting capital stock of certain of the Loan Parties’ direct foreign subsidiaries.
	The borrowings under the New Secured Credit Agreement will bear interest at a rate equal to, at the Company's option, either (1) LIBOR, plus a margin ranging from 1.75% per annum to 3.00% per annum depending on the Company’s leverage ratio, or (2)(a) an “Alternate Base Rate,” which is the highest of (i) the federal funds rate plus 0.50%, (ii) KeyBank’s prime rate and (iii) the LIBOR rate with a maturity of one month plus 1.00%, plus (b) a margin ranging from 0.75% per annum to 2.00% per annum, depending on the Company’s leverage ratio. The interest rate in effect at June 30, 2014 was 3.0%, which consists of LIBOR of 0.25% plus the Company’s margin of 2.75%.
	The New Secured Credit Agreement contains customary representations and warranties, covenants and events of default and financial covenants that measure (i) the ratio of the Company's total funded indebtedness, on a consolidated basis, to the amount of the Company’s consolidated EBITDA, as defined, (“Leverage Ratio”) and (ii) the ratio of the amount of the Company’s consolidated EBITDA to the Company’s consolidated fixed charges (“Fixed Charge Coverage Ratio”). If an event of default occurs, the lenders under the New Secured Credit Agreement would be entitled to take various actions, including the acceleration of amounts due thereunder and all actions permitted to be taken by a secured creditor.  At June 30, 2014, the Company was in compliance with its most restrictive covenant, the Leverage Ratio.  The unused credit available under the credit facility at June 30, 2014 was $120 million, of which we had the ability to incur total additional indebtedness of $100.1 million without violating our Leverage Ratio covenant based on the Company’s existing consolidated EBITDA.
	Concurrent with its entry into the New Secured Credit Agreement on June 19, 2014, the Company borrowed $145.0 million under the Term Loan to complete its acquisition of Power Solutions.  During the three and six months ended June 30, 2014, the Company recorded $5.4 million in deferred financing costs, which will be amortized over the five-year term, and incurred $0.2 million of interest expense.  At June 30, 2014, borrowings outstanding related solely to the $145.0 million Term Loan.  The $70.0 million DDTL and $50.0 million Revolver were fully available at June 30, 2014.
	Scheduled principal payments of the long-term debt outstanding at June 30, 2014 are as follows (in thousands):
	2014		$	3,625
	2015			9,063
	2016			10,875
	2017			12,687
	2018			16,313
	Thereafter			92,437
	Total long-term debt			145,000
	Less: Current maturities of long-term debt			(7,250	)
	Noncurrent portion of long-term debt		$	137,750
	See Note 14 for discussion of additional borrowings under the New Secured Credit Agreement subsequent to the June 30, 2014 quarter-end.

RETIREMENT_FUND_AND_PROFIT_SHA

RETIREMENT FUND AND PROFIT SHARING PLAN	6 Months Ended
	Jun. 30, 2014
RETIREMENT FUND AND PROFIT SHARING PLAN [Abstract]	'
RETIREMENT FUND AND PROFIT SHARING PLAN	'
	11.           RETIREMENT FUND AND PROFIT SHARING PLAN
	The Company maintains the Bel Fuse Inc. Employees’ Savings Plan (the “U.S. Plan”), a defined contribution plan that is intended to meet the applicable requirements for tax-qualification under sections 401(a) and (k) of the IRC. The U.S. Plan allows eligible employees to voluntarily contribute a percentage of their eligible compensation, subject to Code limitations, which contributions are matched by the Company. The Company’s matching contributions are equal to 100% of the first 1% of compensation contributed by participants, and 50% of the next 5% of compensation contributed by participants. The expense for the three months ended June 30, 2014 and 2013 amounted to approximately $0.1 million in each period. The expense for the six months ended June 30, 2014 and 2013 amounted to approximately $0.3 million in each period. Prior to January 1, 2012, the U.S. Plan’s structure provided for a Company match and discretionary profit sharing contributions that were made in the form of the Company’s common stock.  As of June 30, 2014, the U.S. Plan owned 14,886 and 182,539 shares of Bel Fuse Inc. Class A and Class B common stock, respectively.
	The Company also has a retirement fund in Asia (the “Asia Plan”) which covers substantially all of its Hong Kong-based full-time employees.  Eligible employees contribute up to 5% of salary to the fund.  In addition, the Company must contribute a minimum of 5% of eligible salary, as determined by Hong Kong government regulations.  The Company currently contributes 7% of eligible salary in cash or Company stock.  The expense for the three months ended June 30, 2014 and 2013 amounted to approximately $0.1 million in each period. The expense for the six months ended June 30, 2014 and 2013 amounted to approximately $0.1 million in each period.  As of June 30, 2014, the Asia Plan owned 3,323 and 17,342 shares of Bel Fuse Inc. Class A and Class B common stock, respectively.
	The Company maintains a SERP, which is designed to provide a limited group of key management and highly compensated employees of the Company with supplemental retirement and death benefits.
	The components of SERP expense are as follows (dollars in thousands):
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Service cost	$	138	$	139	$	276	$	278
	Interest cost		135		112		270		224
	Amortization of adjustments		46		77		92		154
	Total SERP expense	$	319	$	328	$	638	$	656
		June 30,		December 31,
		2014		2013
	Balance sheet amounts:
	Minimum pension obligation
	and unfunded pension liability	$	11,376	$	10,830
	Amounts recognized in accumulated
	other comprehensive loss, pretax:
	Prior service cost	$	1,140	$	1,230
	Net loss		1,004		1,004
		$	2,144	$	2,234

ACCUMULATED_OTHER_COMPREHENSIV

ACCUMULATED OTHER COMPREHENSIVE INCOME	6 Months Ended
	Jun. 30, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME [Abstract]	'
ACCUMULATED OTHER COMPREHENSIVE INCOME	'
	12.           ACCUMULATED OTHER COMPREHENSIVE INCOME
	The components of accumulated other comprehensive income at June 30, 2014 and December 31, 2013 are summarized below (dollars in thousands):
		June 30,			December 31,
		2014			2013
	Foreign currency translation adjustment, net of taxes of $200 and $77
	at June 30, 2014 and December 31, 2013	$	2,441		$	1,904
	Unrealized holding gains on available-for-sale
	securities, net of taxes of $234 and $169 as of
	June 30, 2014 and December 31, 2013		388			282
	Unfunded SERP liability, net of taxes of ($665) and ($693) as
	of June 30, 2014 and December 31, 2013		(1,478	)		(1,541	)
	Accumulated other comprehensive income	$	1,351		$	645
	Changes in accumulated other comprehensive loss by component during the six months ended June 30, 2014 are as follows.  All amounts are net of tax (dollars in thousands).
					Unrealized Holding
		Foreign Currency			Gains on
		Translation			Available-for-			Unfunded
		Adjustment			Sale Securities			SERP Liability				Total
	Balance at January 1, 2014	$	1,904		$	282		$	(1,541	)		$	645
	Other comprehensive income (loss) before reclassifications		537			106			-				643
	Amounts reclassified from accumulated other
	comprehensive income (loss)		-			-			63		(a)		63
	Net current period other comprehensive income (loss)		537			106			63				706
	Balance at June 30, 2014	$	2,441		$	388		$	(1,478	)		$	1,351
	(a) This reclassification relates to the amortization of prior service costs associated with the Company's SERP.
	This expense is allocated between cost of sales and selling, general and administrative expense based upon the employment classification of the plan participants

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2014
COMMITMENTS AND CONTINGENCIES [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	13.           COMMITMENTS AND CONTINGENCIES
	Leases
	The Company leases various facilities under operating leases expiring through March 2023.  At December 31, 2013, the Company’s total future minimum lease payments for operating leases amounted to $15.3 million.  The Company incurred additional lease commitments upon the acquisition of Power Solutions and at June 30, 2014, Power Solutions’ lease commitments totaled $3.9 million.
	Other Commitments
	The Company submits purchase orders for raw materials to various vendors throughout the year for current production requirements, as well as forecasted requirements.  Certain of these purchase orders relate to special purpose material and, as such, the Company may incur penalties if the order is cancelled.  At December 31, 2013, the Company had outstanding purchase orders related to purchases of raw materials in the aggregate amount of $23.4 million and purchase orders related to capital expenditures of $3.0 million.  The Company incurred additional commitments upon the acquisition of Power Solutions and at June 30, 2014, Power Solutions’ purchase orders related to the purchase of raw materials totaled $15.5 million and capital expenditures totaled $0.4 million.
	Legal Proceedings
	The Company is party to a number of legal actions and claims, none of which individually or in the aggregate, in the opinion of management, are expected to have a material adverse effect on the Company’s results of operations or financial position.  See the Company’s Annual Report on Form 10-K for the year ended December 31, 2013 for the details of all of Bel’s material pending lawsuits.  Certain developments that have arisen in legal proceedings subsequent to the filing of the Company’s Annual Report on Form 10-K are described below.
	The Company was a defendant in a lawsuit captioned SynQor, Inc. v. Artesyn Technologies, Inc., et al. brought in the United States District Court, Eastern District of Texas in November 2007 (“SynQor I case”).  The plaintiff alleged that eleven defendants, including Bel, infringed its patents covering certain power products. With respect to the Company, the plaintiff claimed that the Company infringed its patents related to unregulated bus converters and/or point-of-load (POL) converters used in intermediate bus architecture power supply systems. The case initially went to trial in December 2010.  A decision was ultimately rendered in November 2013 in favor of the plaintiff, and the Company released a payment to SynQor of $10.9 million.  The Company subsequently received a $2.1 million payment from one of its customers related to an indemnification agreement and reimbursement of certain legal fees.
	In a related matter, on September 29, 2011, the United States District Court for the Eastern District of Texas ordered SynQor, Inc.’s continuing causes of action for post-verdict damages to be severed from the original action and assigned to a new case number.  The new action captioned SynQor, Inc. v. Artesyn Technologies, Inc., et al. (Case Number 2:11cv444) is a patent infringement action for damages in the form of lost profits and reasonable royalties for the period beginning January 24, 2011 (“SynQor II case”).  SynQor, Inc. also seeks enhanced damages.  The Company has an indemnification agreement in place with one of its customers specifically covering post-verdict damages related to this case.  This case went to trial on July 30, 2013.  In April 2014, a final judgment was rendered in this case, whereby the Company was assessed an additional $0.7 million in post-verdict damages.  This amount was accrued at June 30, 2014, was subsequently paid in July 2014, and is subject to reimbursement per the terms of the previously-mentioned indemnification agreement.
	The Company is a plaintiff in a lawsuit captioned Bel Fuse Inc. et al. v. Molex Inc. brought in the United District Court of New Jersey in April 2013.  The Company claims that Molex infringed three of the Company’s patents related to integrated magnetic connector products.  Molex filed a motion to dismiss the complaint on August 6, 2013.  The Company filed an amended complaint and response on August 20, 2013.  Molex withdrew its original Motion to Dismiss and filed a second, revised Motion to Dismiss on September 6, 2013.  The Company filed its response on October 7, 2013.  The Court denied Molex’s revised Motion to Dismiss on June 16, 2014.  In June 2014, Molex initiated an Inter Partes Review (IPR) at the U.S. Patent and Trademark Office for one of the three patents associated with this case.

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2014
SUBSEQUENT EVENTS [Abstract]	'
SUBSEQUENT EVENTS	'
	14.           SUBSEQUENT EVENTS
	On July 25, 2014, the Company completed its acquisition of the U.S. and U.K. entities of the Emerson Network Power Connectivity Solutions business (“CS”) from Emerson Electric Co. with a payment, net of cash acquired and including a working capital adjustment, of $90.7 million.  A remaining payment of approximately $9 million is expected to be paid by the end of the third quarter of 2014, upon the closing of the China portion of the transaction.  CS is a leading provider of high-performance RF/Microwave and Harsh Environment Optical Connectors and Assemblies for military, aerospace, wireless communications, data communications, broadcast and industrial applications. CS is headquartered in Bannockburn, Illinois, and has manufacturing facilities in North America, the U.K. and China.  CS will become part of Bel’s Connectivity Solutions product group under the Cinch Connector business.  Management believes the acquisition of CS will enable the Company to further expand into the aerospace and military markets where long-term product reliability resulting from highly engineered solutions is critical. The addition of the CS Stratos brand with our Fibreco/Gigacom Interconnect products will also give the Company a solid position in the expanded beam fiber optic market place.  The CS group will also significantly expand the Company’s existing copper-based product offerings with the addition of RF/Microwave components and assemblies.  Given the proximity of the closing date of the CS transaction to the filing date of this Quarterly Report on Form 10-Q, the Company has not yet had the opportunity to complete the purchase price allocation and other related disclosure requirements.
	During each of the three and six months ended June 30, 2014, the Company incurred $0.4 million in acquisition-related costs associated with the CS transaction.
	In July 2014, in connection with the acquisition of CS, the Company borrowed an additional $90.0 million under the New Secured Credit Agreement ($70.0 million through the DDTL and $20.0 million under the Revolver).

BASIS_OF_PRESENTATION_AND_ACCO1

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2014
BASIS OF PRESENTATION AND ACCOUNTING POLICIES [Abstract]	'
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements
	The Company’s significant accounting policies are summarized in Note 1 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2013.  There were no significant changes to these accounting policies during the six months ended June 30, 2014.
	Recently Adopted Standards
	In July 2013, the FASB issued revised guidance to address the diversity in practice related to the financial statement presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists. The Company adopted this guidance as of January 1, 2014, on a prospective basis. The adoption did not have a material impact on the Company’s financial statements.
	Standards Issued Not Yet Adopted
	In April 2014, the FASB issued guidance for the reporting of discontinued operations, which also contains new disclosure requirements for both discontinued operations and other disposals that do not meet the definition of a discontinued operation. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2014. Management believes that the adoption of this guidance will not have a material impact on the Company’s financial statements.
	In May 2014, the FASB issued guidance on the accounting for revenue from contracts with customers that will supersede most existing revenue recognition guidance, including industry-specific guidance. The core principle requires an entity to recognize revenue to depict the transfer of goods and services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In addition, the guidance requires enhanced disclosures regarding the nature, timing and uncertainty of revenue and cash flows arising from an entity's contracts with customers. This guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Entities can choose to apply the guidance using either the full retrospective approach or a modified retrospective approach. Management is currently evaluating the impact that this guidance will have on the Company’s financial statements, if any, including which transition method it will adopt.

EARNINGS_PER_SHARE_Tables

EARNINGS PER SHARE (Tables)	6 Months Ended
	Jun. 30, 2014
EARNINGS PER SHARE [Abstract]	'
Earnings and weighted-average shares outstanding used in the computation of basic and diluted earnings per share	'
	The earnings and weighted-average shares outstanding used in the computation of basic and diluted earnings per share are as follows (dollars in thousands, except share and per share data):
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Numerator:
	Net earnings	$	3,065	$	1,689	$	5,568	$	1,131
	Less Dividends declared:
	Class A		131		131		261		261
	Class B		653		643		1,307		1,275
	Undistributed earnings (loss)	$	2,281	$	915	$	4,000	$	(405	)
	Undistributed earnings (loss) allocation - basic and diluted:
	Class A undistributed earnings (loss)	$	414	$	168	$	726	$	(74	)
	Class B undistributed earnings (loss)		1,867		747		3,274		(331	)
	Total undistributed earnings (loss)	$	2,281	$	915	$	4,000	$	(405	)
	Net earnings allocation - basic and diluted:
	Class A net earnings	$	545	$	299	$	987	$	187
	Class B net earnings		2,520		1,390		4,581	$	944
	Net earnings	$	3,065	$	1,689	$	5,568	$	1,131
	Denominator:
	Weighted-average shares outstanding:
	Class A common share - basic and diluted		2,174,912		2,174,912		2,174,912		2,174,912
	Class B common share - basic and diluted		9,331,982		9,213,178		9,333,460		9,217,119
	Earnings per share:
	Class A common share - basic and diluted	$	0.25	$	0.14	$	0.45	$	0.09
	Class B common share - basic and diluted	$	0.27	$	0.15	$	0.49	$	0.1

ACQUISITIONS_Tables

ACQUISITIONS (Tables)	6 Months Ended
	Jun. 30, 2014
Acquired assets and liabilities [Line Items]	'
Unaudited pro forma consolidated results of operations information	'
	The unaudited pro forma results are presented for illustrative purposes only and are not necessarily indicative of the results that would have actually been obtained if the acquisitions had occurred on the assumed dates, nor is the pro forma data intended to be a projection of results that may be obtained in the future (in thousands):
			Three Months Ended							Six Months Ended
			June 30,							June 30,
			2014				2013			2014			2013
	Revenue			136,984				161,481			278,451			305,250
	Net earnings			(3,336	)			1,382			233			(5,977	)
	Earnings per Class A common share - basic and diluted			(0.28	)			0.11			0.01			(0.51	)
	Earnings per Class B common share - basic and diluted			(0.29	)			0.12			0.02			(0.53	)
Power Solutions [Member]	'
Acquired assets and liabilities [Line Items]	'
Schedule of acquisition date fair values of assets acquired and liabilities assumed	'
	While the initial accounting related to the acquisition of Power Solutions is not complete as of the filing date of this Quarterly Report on Form 10-Q, the following table depicts the Company’s current estimate of the respective acquisition date fair values of the consideration paid and identifiable net assets acquired (in thousands):
			Acquisition-Date
			Fair Values
	Cash and cash equivalents		$	20,913
	Accounts receivable			29,388
	Inventories			33,156		(a)
	Other current assets			5,387
	Property, plant and equipment			28,176		(b)
	Intangible assets			21,188		(c)
	Other assets			536
	Total identifiable assets			138,744
	Accounts payable			(26,180	)
	Accrued expenses			(20,290	)
	Income taxes payable			223
	Deferred income tax liability, noncurrent			860
	Other long-term liabilities			(99	)
	Total liabilities assumed			(45,486	)
	Net identifiable assets acquired			93,258
	Goodwill			37,534		(d)
	Net assets acquired		$	130,792
	Cash paid		$	130,792
	Deferred consideration			-
	Fair value of consideration transferred		$	130,792
	(a)	The determination of fair value related to the inventory acquired was still in progress as of the date of this filing.  The amount above represents only the carrying value of the inventory on Power Solutions’ balance sheet as of the acquisition date.
	(b)	The appraisals related to machinery and equipment acquired were incomplete as of this filing date and, as such, the amount noted above represents only the carrying value of those assets on Power Solutions’ balance sheet as of the acquisition date.
	(c)	The Company has identified certain intangible assets related to the Power Solutions acquisition, including trademarks and trade names, developed technology and potential in-process research and development, license agreements, non-compete agreements, an investment in a 49%-owned joint venture and customer relationships, which are being valued by a third-party appraiser.  These appraisals were not complete as of the date of this filing.
	(d)	The amount of goodwill is provisional as of the filing date, as the fair value determination of inventory acquired, and appraisals related to property, plant and equipment, various intangible assets and certain liabilities such as lease liabilities are still underway.  As the final amount of goodwill has not yet been determined or allocated by segment, the Company is unable to determine at this time the portion of goodwill, if any, that will be deductible for tax purposes.
TRP and Array [Member]	'
Acquired assets and liabilities [Line Items]	'
Schedule of acquisition date fair values of assets acquired and liabilities assumed	'
	The purchase price allocations for TRP and Array were finalized during the first quarter of 2014.  The following table depicts the finalized respective acquisition date fair values of the consideration paid and identifiable net assets acquired (in thousands):
			TRP										Array									2013 Acquisitions
							Measurement			March 29,						Measurement			August 20,			Acquisition-Date
			March 29,				Period			2013			August 20,			Period			2013			Fair Values
			2013				Adjustments			(As finalized)			2013			Adjustments			(As finalized)			(As finalized)
	Cash		$	8,388			$	-		$	8,388		$	-		$	-		$	-		$	8,388
	Accounts receivable			11,580				(39	)		11,541			994			-			994			12,535
	Inventories			6,258				1,097			7,355			2,588			(1,595	)		993			8,348
	Other current assets			1,953				(334	)		1,619			83			345			428			2,047
	Property, plant and equipment			4,693				1,097			5,790			2,285			1,225			3,510			9,300
	Intangible assets			-				6,110			6,110			-			1,470			1,470			7,580
	Other assets			1,151				198			1,349			84			1,663			1,747			3,096
	Total identifiable assets			34,023				8,129			42,152			6,034			3,108			9,142			51,294
	Accounts payable			(8,565	)			331			(8,234	)		(677	)		1			(676	)		(8,910	)
	Accrued expenses			(4,003	)			(462	)		(4,465	)		(206	)		(79	)		(285	)		(4,750	)
	Other current liabilities			(25	)			(734	)		(759	)		(214	)		214			-			(759	)
	Noncurrent liabilities			-				(586	)		(586	)		(643	)		(1,105	)		(1,748	)		(2,334	)
	Total liabilities assumed			(12,593	)			(1,451	)		(14,044	)		(1,740	)		(969	)		(2,709	)		(16,753	)
	Net identifiable assets acquired			21,430				6,678			28,108			4,294			2,139			6,433			34,541
	Goodwill			8,278				(7,038	)		1,240			5,666			(2,094	)		3,572			4,812
	Net assets acquired		$	29,708			$	(360	)	$	29,348		$	9,960		$	45		$	10,005		$	39,353
	Cash paid		$	22,400			$	6,948		$	29,348		$	9,960		$	45		$	10,005		$	39,353
	Assumption of severance payment			109				(109	)		-			-			-			-			-
	Fair value of consideration
	transferred			22,509				6,839			29,348			9,960			45			10,005			39,353
	Deferred consideration			7,199				(7,199	)		-			-			-			-			-
	Total consideration paid		$	29,708			$	(360	)	$	29,348		$	9,960		$	45		$	10,005		$	39,353

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	6 Months Ended
	Jun. 30, 2014
FAIR VALUE MEASUREMENTS [Abstract]	'
Financial assets accounted for at fair value on a recurring basis	'
	The following table sets forth by level, within the fair value hierarchy, the Company’s financial assets accounted for at fair value on a recurring basis as of June 30, 2014 and December 31, 2013 (dollars in thousands).
				Assets at Fair Value Using
		Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	As of June 30, 2014
	Available-for-sale securities:
	Investments held in Rabbi Trust	$	3,485	$	3,485	$	-	$	-
	Marketable securities		4		4		-		-
	Total	$	3,489	$	3,489	$	-	$	-
	As of December 31, 2013
	Available-for-sale securities:
	Investments held in Rabbi Trust	$	3,313	$	3,313	$	-	$	-
	Marketable securities		3		3		-		-
	Total	$	3,316	$	3,316	$	-	$	-

INVENTORIES_Tables

INVENTORIES (Tables)	6 Months Ended
	Jun. 30, 2014
INVENTORIES [Abstract]	'
Components of inventories	'
	The components of inventories are as follows (dollars in thousands):
		June 30,		December 31,
		2014		2013
	Raw materials	$	48,873	$	29,428
	Work in progress		12,261		8,783
	Finished goods		37,572		31,808
		$	98,706	$	70,019

PROPERTY_PLANT_AND_EQUIPMENT_T

PROPERTY, PLANT AND EQUIPMENT (Tables)	6 Months Ended
	Jun. 30, 2014
PROPERTY, PLANT AND EQUIPMENT [Abstract]	'
Property, plant and equipment	'
	Property, plant and equipment consist of the following (dollars in thousands):
		June 30,			December 31,
		2014			2013
	Land	$	3,315		$	3,229
	Buildings and improvements		31,156			25,216
	Machinery and equipment		107,032			82,420
	Construction in progress		5,291			4,042
			146,794			114,907
	Accumulated depreciation		(79,743	)		(74,011	)
		$	67,051		$	40,896

BUSINESS_SEGMENT_INFORMATION_T

BUSINESS SEGMENT INFORMATION (Tables)	6 Months Ended
	Jun. 30, 2014
BUSINESS SEGMENT INFORMATION [Abstract]	'
Key financial data	'
	The following is a summary of key financial data (dollars in thousands):
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Total segment sales:
	North America	$	39,405		$	32,301		$	70,859		$	61,523
	Asia		61,968			64,036			111,860			96,760
	Europe		16,550			10,591			27,441			20,716
	Total segment sales		117,923			106,928			210,160			178,999
	Reconciling item:
	Intersegment sales		(18,484	)		(12,947	)		(28,075	)		(21,990	)
	Net sales	$	99,439		$	93,981		$	182,085		$	157,009
	Income from operations:
	North America	$	(1,617	)	$	(2,012	)	$	(734	)	$	(3,495	)
	Asia		4,715			3,776			6,388			3,112
	Europe		616			(105	)		941			615
		$	3,714		$	1,659		$	6,595		$	232
		June 30,			December 31,
			2014			2013
	Total Assets:
	North America	$	175,953		$	117,261
	Asia		202,476			148,780
	Europe		78,880			42,100
			457,309			308,141
	Unallocated Goodwill		37,534			-
		$	494,843		$	308,141
Components of segment sales, income from operations and total assets	'
	The acquisitions of TRP in March 2013, Array in August 2013 and Power Solutions in June 2014 contributed to Bel’s segment sales, income from operations and total assets as follows:
		Three Months Ended						Six Months Ended
		June 30,						June 30,
		2014			2013			2014			2013
	Sales to External Customers:
	North America:
	Array	$	1,903		$	-		$	3,544		$	-
	Power Solutions		5,037			-			5,037			-
			6,940			-			8,581			-
	Asia:
	TRP		17,227			21,788			32,831			21,788
	Power Solutions		357			-			357			-
			17,584			21,788			33,188			21,788
	Europe:
	TRP		555			392			1,186			392
	Power Solutions		1,839			-			1,839			-
			2,394			392			3,025			392
	Net sales from 2013-2014 acquisitions		26,918			22,180			44,794			22,180
	Income from operations:
	North America:
	Array		(175	)		-			(682	)		-
	Power Solutions		(1,125	)		-			(1,125	)		-
			(1,300	)		-			(1,807	)		-
	Asia:
	TRP		3,710			3,596			5,110			3,587
	Power Solutions		(162	)		-			(162	)		-
			3,548			3,596			4,948			3,587
	Europe:
	TRP		128			104			228			104
	Power Solutions		297			-			297			-
			425			104			525			104
	Total income from operations from
	2013-2014 acquisitions	$	2,673		$	3,700		$	3,666		$	3,691

ACCRUED_EXPENSES_Tables

ACCRUED EXPENSES (Tables)	6 Months Ended
	Jun. 30, 2014
ACCRUED EXPENSES [Abstract]	'
Accrued expenses	'
	Accrued expenses consist of the following (dollars in thousands):
		June 30,			December 31,
		2014			2013
	Sales commissions	$	1,903		$	1,431
	Subcontracting labor		2,218			2,406
	Salaries, bonuses and related benefits		24,609			13,674
	Litigation reserve		726			723
	Warranty accrual		3,667			-
	Other		7,312			4,208
		$	40,435		$	22,442
Schedule of warranty accrual account for the period from the acquisition date	'
	A tabular presentation of the activity within the warranty accrual account for the period from the acquisition date of Power Solutions through June 30, 2014 is presented below (in thousands):
		June 30,
		2014
	Beginning balance as of June 19, 2014	$	4,111
	Charges and costs accrued		45
	Adjustments related to pre-existing warranties (including changes in estimates)		-
	Less repair costs incurred		(521	)
	Change due to foreign currency		32
	Ending balance as of June 30, 2014	$	3,667

DEBT_Tables

DEBT (Tables)	6 Months Ended
	Jun. 30, 2014
DEBT [Abstract]	'
Scheduled principal payments of the long-term debt outstanding	'
	Scheduled principal payments of the long-term debt outstanding at June 30, 2014 are as follows (in thousands):
	2014	$	3,625
	2015		9,063
	2016		10,875
	2017		12,687
	2018		16,313
	Thereafter		92,437
	Total long-term debt		145,000
	Less: Current maturities of long-term debt		(7,250	)
	Noncurrent portion of long-term debt	$	137,750

RETIREMENT_FUND_AND_PROFIT_SHA1

RETIREMENT FUND AND PROFIT SHARING PLAN (Tables)	6 Months Ended
	Jun. 30, 2014
RETIREMENT FUND AND PROFIT SHARING PLAN [Abstract]	'
Components of SERP expense	'
	The components of SERP expense are as follows (dollars in thousands):
		Three Months Ended				Six Months Ended
		June 30,				June 30,
		2014		2013		2014		2013
	Service cost	$	138	$	139	$	276	$	278
	Interest cost		135		112		270		224
	Amortization of adjustments		46		77		92		154
	Total SERP expense	$	319	$	328	$	638	$	656
		June 30,		December 31,
		2014		2013
	Balance sheet amounts:
	Minimum pension obligation
	and unfunded pension liability	$	11,376	$	10,830
	Amounts recognized in accumulated
	other comprehensive loss, pretax:
	Prior service cost	$	1,140	$	1,230
	Net loss		1,004		1,004
		$	2,144	$	2,234

ACCUMULATED_OTHER_COMPREHENSIV1

ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)	6 Months Ended
	Jun. 30, 2014
ACCUMULATED OTHER COMPREHENSIVE INCOME [Abstract]	'
Components of accumulated other comprehensive loss	'
	The components of accumulated other comprehensive income at June 30, 2014 and December 31, 2013 are summarized below (dollars in thousands):
		June 30,			December 31,
		2014			2013
	Foreign currency translation adjustment, net of taxes of $200 and $77
	at June 30, 2014 and December 31, 2013	$	2,441		$	1,904
	Unrealized holding gains on available-for-sale
	securities, net of taxes of $234 and $169 as of
	June 30, 2014 and December 31, 2013		388			282
	Unfunded SERP liability, net of taxes of ($665) and ($693) as
	of June 30, 2014 and December 31, 2013		(1,478	)		(1,541	)
	Accumulated other comprehensive income	$	1,351		$	645
Changes in accumulated other comprehensive loss by component	'
	Changes in accumulated other comprehensive loss by component during the six months ended June 30, 2014 are as follows.  All amounts are net of tax (dollars in thousands).
					Unrealized Holding
		Foreign Currency			Gains on
		Translation			Available-for-			Unfunded
		Adjustment			Sale Securities			SERP Liability				Total
	Balance at January 1, 2014	$	1,904		$	282		$	(1,541	)		$	645
	Other comprehensive income (loss) before reclassifications		537			106			-				643
	Amounts reclassified from accumulated other
	comprehensive income (loss)		-			-			63		(a)		63
	Net current period other comprehensive income (loss)		537			106			63				706
	Balance at June 30, 2014	$	2,441		$	388		$	(1,478	)		$	1,351
	(a) This reclassification relates to the amortization of prior service costs associated with the Company's SERP.
	This expense is allocated between cost of sales and selling, general and administrative expense based upon the employment classification of the plan participants

BASIS_OF_PRESENTATION_AND_ACCO2

BASIS OF PRESENTATION AND ACCOUNTING POLICIES (Details)

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

0 Months Ended

Mar. 09, 2012

Mar. 09, 2012

Sep. 12, 2012

Sep. 12, 2012

Jul. 31, 2012

Jul. 31, 2012

Mar. 29, 2013

Mar. 29, 2013

Aug. 20, 2013

Aug. 20, 2013

Jun. 19, 2014

Jun. 19, 2014

GigaCom Interconnect [Member]

GigaCom Interconnect [Member]

Powerbox [Member]

Powerbox [Member]

Fibreco [Member]

Fibreco [Member]

TRP [Member]

TRP [Member]

Array [Member]

Array [Member]

Power Solutions [Member]

Power Solutions [Member]

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition date

9-Mar-12

'

12-Sep-12

'

31-Jul-12

'

29-Mar-13

'

20-Aug-13

'

19-Jun-14

'

Acquisition of issued and outstanding capital stock (in hundredths)

'

100.00%

'

100.00%

'

100.00%

'

100.00%

'

100.00%

'

100.00%

EARNINGS_PER_SHARE_Details

EARNINGS PER SHARE (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, except Share data, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013
Earnings Per Share by Two Class Method [Line Items]	'	'	'	'
Undistributed earning allocation rate of Class B common stock in excess of Class A common stock (in hundredths)	'	'	5.00%	'
Numerator [Abstract]	'	'	'	'
Net earnings	$3,065	$1,689	$5,568	$1,131
Undistributed earnings (loss)	2,281	915	4,000	-405
Undistributed earnings (loss) allocation - basic and diluted [Abstract]	'	'	'	'
Total undistributed earnings (loss)	2,281	915	4,000	-405
Net earnings allocation basic and diluted [Abstract]	'	'	'	'
Net earnings	3,065	1,689	5,568	1,131
Class A [Member]	'	'	'	'
Numerator [Abstract]	'	'	'	'
Net earnings	545	299	987	187
Less Dividends declared:	131	131	261	261
Undistributed earnings (loss) allocation - basic and diluted [Abstract]	'	'	'	'
Total undistributed earnings (loss)	414	168	726	-74
Net earnings allocation basic and diluted [Abstract]	'	'	'	'
Net earnings	545	299	987	187
Weighted-average shares outstanding [Abstract]	'	'	'	'
Common share - basic and diluted (in shares)	2,174,912	2,174,912	2,174,912	2,174,912
Earnings per share:	'	'	'	'
Common share - basic and diluted (in dollars per share)	$0.25	$0.14	$0.45	$0.09
Class B [Member]	'	'	'	'
Earnings Per Share by Two Class Method [Line Items]	'	'	'	'
Dividend rate Class B common stock in excess of dividend rate of Class A common stock (in hundredths)	'	'	5.00%	'
Numerator [Abstract]	'	'	'	'
Net earnings	2,520	1,390	4,581	944
Less Dividends declared:	653	643	1,307	1,275
Undistributed earnings (loss) allocation - basic and diluted [Abstract]	'	'	'	'
Total undistributed earnings (loss)	1,867	747	3,274	-331
Net earnings allocation basic and diluted [Abstract]	'	'	'	'
Net earnings	$2,520	$1,390	$4,581	$944
Weighted-average shares outstanding [Abstract]	'	'	'	'
Common share - basic and diluted (in shares)	9,331,982	9,213,178	9,333,460	9,217,119
Earnings per share:	'	'	'	'
Common share - basic and diluted (in dollars per share)	$0.27	$0.15	$0.49	$0.10

ACQUISITIONS_Details

ACQUISITIONS (Details) (USD $)

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

3 Months Ended

6 Months Ended

0 Months Ended

3 Months Ended

6 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Mar. 31, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 19, 2014

Jun. 19, 2014

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Mar. 29, 2013

Mar. 29, 2013

Mar. 29, 2013

Aug. 20, 2013

Aug. 20, 2013

Aug. 20, 2013

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Acquisition Date Fair Values (As finalized) [Member]

Class A [Member]

Class A [Member]

Class A [Member]

Class A [Member]

Class B [Member]

Class B [Member]

Class B [Member]

Class B [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

Power Solutions [Member]

TRP [Member]

TRP [Member]

TRP [Member]

Array [Member]

Array [Member]

Array [Member]

2013 Acquired Companies [Member]

2013 Acquired Companies [Member]

2013 Acquired Companies [Member]

2013 Acquired Companies [Member]

Class A [Member]

Class A [Member]

Class A [Member]

Class A [Member]

Class B [Member]

Class B [Member]

Class B [Member]

Class B [Member]

Acquisition Date Fair Values [Member]

Measurement Period Adjustments [Member]

Acquisition Date Fair Values [Member]

Measurement Period Adjustments [Member]

Acquired assets and liabilities [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payment for acquisitions, net of cash acquired

'

'

$109,879,000

$20,932,000

'

'

'

'

'

'

'

'

'

'

'

$110,000,000

'

'

'

'

'

'

'

'

'

'

'

'

$21,000,000

'

'

$10,000,000

'

'

'

'

'

'

Acquisition-related costs

400,000

'

400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

1,000,000

'

1,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100,000

300,000

100,000

700,000

Percentages of owned joint venture investment (in hundredths)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

49.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenues

99,439,000

93,981,000

182,085,000

157,009,000

'

'

'

'

'

'

'

'

'

'

'

'

7,200,000

'

7,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

19,700,000

22,200,000

37,600,000

22,200,000

Net earnings (loss)

3,065,000

1,689,000

5,568,000

1,131,000

'

'

545,000

299,000

987,000

187,000

2,520,000

1,390,000

4,581,000

944,000

'

'

-800,000

'

-800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

3,700,000

3,300,000

4,800,000

3,300,000

Acquisition-related costs excluded from pro forma net earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

10,200,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Acquisition-related costs incurred but excluded from pro forma earnings during the period after tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

6,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Nonrecurring expense related to fair value adjustments excluded from pro forma net earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,800,000

'

4,400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Fair value adjustments excluded from pro form net earnings after tax

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,100,000

'

2,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Assets acquired [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash and cash equivalents

'

'

'

'

'

8,388,000

'

'

'

'

'

'

'

'

'

20,913,000

'

'

'

'

'

'

'

'

'

'

'

'

8,388,000

8,388,000

0

0

0

0

'

'

'

'

Accounts receivable

'

'

'

'

'

12,535,000

'

'

'

'

'

'

'

'

'

29,388,000

'

'

'

'

'

'

'

'

'

'

'

'

11,580,000

11,541,000

-39,000

994,000

994,000

0

'

'

'

'

Inventories

33,400,000

'

33,400,000

'

'

8,348,000

'

'

'

'

'

'

'

'

'

33,156,000

[1]

'

'

'

'

'

'

'

'

'

'

'

'

6,258,000

7,355,000

1,097,000

2,588,000

993,000

-1,595,000

'

'

'

'

Other current assets

'

'

'

'

'

2,047,000

'

'

'

'

'

'

'

'

'

5,387,000

'

'

'

'

'

'

'

'

'

'

'

'

1,953,000

1,619,000

-334,000

83,000

428,000

345,000

'

'

'

'

Property, plant and equipment

'

'

'

'

'

9,300,000

'

'

'

'

'

'

'

'

'

28,176,000

[2]

'

'

'

'

'

'

'

'

'

'

'

'

4,693,000

5,790,000

1,097,000

2,285,000

3,510,000

1,225,000

'

'

'

'

Intangible assets

'

'

'

'

'

7,580,000

'

'

'

'

'

'

'

'

'

21,188,000

[3]

'

'

'

'

'

'

'

'

'

'

'

'

0

6,110,000

6,110,000

0

1,470,000

1,470,000

'

'

'

'

Other assets

'

'

'

'

'

3,096,000

'

'

'

'

'

'

'

'

'

536,000

'

'

'

'

'

'

'

'

'

'

'

'

1,151,000

1,349,000

198,000

84,000

1,747,000

1,663,000

'

'

'

'

Total identifiable assets

'

'

'

'

'

51,294,000

'

'

'

'

'

'

'

'

'

138,744,000

'

'

'

'

'

'

'

'

'

'

'

'

34,023,000

42,152,000

8,129,000

6,034,000

9,142,000

3,108,000

'

'

'

'

Liabilities assumed [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Accounts payable

'

'

'

'

'

-8,910,000

'

'

'

'

'

'

'

'

'

-26,180,000

'

'

'

'

'

'

'

'

'

'

'

'

-8,565,000

-8,234,000

331,000

-677,000

-676,000

1,000

'

'

'

'

Accrued expenses

'

'

'

'

'

-4,750,000

'

'

'

'

'

'

'

'

'

-20,290,000

'

'

'

'

'

'

'

'

'

'

'

'

-4,003,000

-4,465,000

-462,000

-206,000

-285,000

-79,000

'

'

'

'

Income taxes payable

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

223,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Deferred income tax liability, noncurrent

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

860,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other long-term liabilities

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-99,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Other current liabilities

'

'

'

'

'

-759,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

-25,000

-759,000

-734,000

-214,000

0

214,000

'

'

'

'

Noncurrent liabilities

'

'

'

'

'

-2,334,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

0

-586,000

-586,000

-643,000

-1,748,000

-1,105,000

'

'

'

'

Total liabilities assumed

'

'

'

'

'

-16,753,000

'

'

'

'

'

'

'

'

'

-45,486,000

'

'

'

'

'

'

'

'

'

'

'

'

-12,593,000

-14,044,000

-1,451,000

-1,740,000

-2,709,000

-969,000

'

'

'

'

Net identifiable assets acquired

'

'

'

'

'

34,541,000

'

'

'

'

'

'

'

'

'

93,258,000

'

'

'

'

'

'

'

'

'

'

'

'

21,430,000

28,108,000

6,678,000

4,294,000

6,433,000

2,139,000

'

'

'

'

Goodwill

55,644,000

'

55,644,000

'

18,490,000

4,812,000

'

'

'

'

'

'

'

'

'

37,534,000

[4]

'

'

'

'

'

'

'

'

'

'

'

'

8,278,000

1,240,000

-7,038,000

5,666,000

3,572,000

-2,094,000

'

'

'

'

Net assets acquired

'

'

'

'

'

39,353,000

'

'

'

'

'

'

'

'

'

130,792,000

'

'

'

'

'

'

'

'

'

'

'

'

29,708,000

29,348,000

-360,000

9,960,000

10,005,000

45,000

'

'

'

'

Consideration transferred [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Cash Paid

'

'

'

'

'

39,353,000

'

'

'

'

'

'

'

'

130,792,000

'

'

'

'

'

'

'

'

'

'

'

'

'

22,400,000

29,348,000

6,948,000

9,960,000

10,005,000

45,000

'

'

'

'

Assumption of severance payment

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

109,000

0

-109,000

0

0

0

'

'

'

'

Fair value of consideration transferred

'

'

'

'

'

39,353,000

'

'

'

'

'

'

'

'

130,792,000

'

'

'

'

'

'

'

'

'

'

'

'

'

22,509,000

29,348,000

6,839,000

9,960,000

10,005,000

45,000

'

'

'

'

Deferred consideration

'

'

'

'

'

0

'

'

'

'

'

'

'

'

0

'

'

'

'

'

'

'

'

'

'

'

'

'

7,199,000

0

-7,199,000

0

0

0

'

'

'

'

Total consideration paid

'

'

'

'

'

39,353,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

29,708,000

29,348,000

-360,000

9,960,000

10,005,000

45,000

'

'

'

'

Unaudited Pro forma Consolidated Results of Operations [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Revenue

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

136,984,000

161,481,000

278,451,000

305,250,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Net earnings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

($3,336,000)

$1,382,000

$233,000

($5,977,000)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Earnings per common share - basic and diluted (in dollars per share)

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

($0.28)

$0.11

$0.01

($0.51)

($0.29)

$0.12

$0.02

($0.53)

'

'

'

'

'

'

'

'

'

'

[1]

The determination of fair value related to the inventory acquired was still in progress as of the date of this filing. The amount above represents only the carrying value of the inventory on Power Solutionsb balance sheet as of the acquisition date.

[2]

The appraisals related to machinery and equipment acquired were incomplete as of this filing date and, as such, the amount noted above represents only the carrying value of those assets on Power Solutionsb balance sheet as of the acquisition date.

[3]

The Company has identified certain intangible assets related to the Power Solutions acquisition, including trademarks and trade names, developed technology and potential in-process research and development, license agreements, non-compete agreements, an investment in a 49%-owned joint venture and customer relationships, which are being valued by a third-party appraiser. These appraisals were not complete as of the date of this filing.

[4]

The amount of goodwill is provisional as of the filing date, as the fair value determination of inventory acquired, and appraisals related to property, plant and equipment, various intangible assets and certain liabilities such as lease liabilities are still underway. As the final amount of goodwill has not yet been determined or allocated by segment, the Company is unable to determine at this time the portion of goodwill, if any, that will be deductible for tax purposes

FAIR_VALUE_MEASUREMENTS_Detail

FAIR VALUE MEASUREMENTS (Details) (USD $)

3 Months Ended

6 Months Ended

6 Months Ended

12 Months Ended

Jun. 30, 2014

Jun. 30, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Dec. 31, 2013

SERP [Member]

SERP [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Recurring [Member]

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]

Significant Other Observable Inputs (Level 2) [Member]

Significant Other Observable Inputs (Level 2) [Member]

Significant Unobservable Inputs (Level 3) [Member]

Significant Unobservable Inputs (Level 3) [Member]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Gross unrealized gains associated with the investment held in the rabbi trust

$78,000

($103,000)

$106,000

($18,000)

'

$600,000

$400,000

'

'

'

'

'

'

'

'

Combined fair value of available-for-sale securities

100,000

'

100,000

'

100,000

'

'

'

'

'

'

'

'

'

'

Gross unrealized gains

100,000

'

100,000

'

100,000

'

'

'

'

'

'

'

'

'

'

Financial Assets Fair Value [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investments held in Rabbi Trust

'

'

'

'

'

'

'

3,485,000

3,313,000

3,485,000

3,313,000

0

0

0

0

Marketable Securities

'

'

'

'

'

'

'

4,000

3,000

4,000

3,000

0

0

0

0

Total

'

'

'

'

'

'

'

3,489,000

3,316,000

3,489,000

3,316,000

0

0

0

0

Fair value of long-term debt

144,800,000

'

144,800,000

'

'

'

'

'

'

'

'

'

'

'

'

Carrying amount of long-term debt

$145,000,000

'

$145,000,000

'

'

'

'

'

'

'

'

'

'

'

'

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 19, 2014
In Thousands, unless otherwise specified			Power Solutions [Member]
Components of inventories [Abstract]	'	'	'
Raw materials	$48,873	$29,428	'
Work in progress	12,261	8,783	'
Finished goods	37,572	31,808	'
Inventories	98,706	70,019	'
Inventory [Line Items]	'	'	'
Book value of inventory acquired from power solutions	$33,400	'	$33,156	[1]
[1]	The determination of fair value related to the inventory acquired was still in progress as of the date of this filing. The amount above represents only the carrying value of the inventory on Power Solutionsb balance sheet as of the acquisition date.

PROPERTY_PLANT_AND_EQUIPMENT_D

PROPERTY, PLANT AND EQUIPMENT (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013
In Thousands, unless otherwise specified
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, gross	$146,794	$114,907
Accumulated depreciation	-79,743	-74,011
Property, plant and equipment, net	67,051	40,896
Power Solutions [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, net	28,200	'
Land [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, gross	3,315	3,229
Buildings and Improvements [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, gross	31,156	25,216
Machinery and Equipment [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, gross	107,032	82,420
Construction in Progress [Member]	'	'
Property, plant and equipment [Abstract]	'	'
Property, plant and equipment, gross	$5,291	$4,042

BUSINESS_SEGMENT_INFORMATION_D

BUSINESS SEGMENT INFORMATION (Details) (USD $)	3 Months Ended		6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
			Industry
			Segment
BUSINESS SEGMENT INFORMATION [Abstract]	'	'	'	'	'
Number of industry in which entity operates	'	'	1	'	'
Number of reportable operating segments	'	'	3	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	$99,439	$93,981	$182,085	$157,009	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	3,714	1,659	6,595	232	'
Total Assets:	'	'	'	'	'
Assets excluding unallocated goodwill	457,309	'	457,309	'	308,141
Unallocated Goodwill	37,534	'	37,534	'	0
Assets	494,843	'	494,843	'	308,141
Power Solutions [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	7,200	'	7,200	'	'
Total Assets:	'	'	'	'	'
Assets	181,400	'	181,400	'	'
Acquired Companies [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	19,700	22,200	37,600	22,200	'
Reportable operating segments [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	117,923	106,928	210,160	178,999	'
Reportable operating segments [Member] | Acquired Companies [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	26,918	22,180	44,794	22,180	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	2,673	3,700	3,666	3,691	'
North America [Member] | Reportable operating segments [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	39,405	32,301	70,859	61,523	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	-1,617	-2,012	-734	-3,495	'
Total Assets:	'	'	'	'	'
Assets excluding unallocated goodwill	175,953	'	175,953	'	117,261
North America [Member] | Reportable operating segments [Member] | Array [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	1,903	0	3,544	0	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	-175	0	-682	0	'
North America [Member] | Reportable operating segments [Member] | Power Solutions [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	5,037	0	5,037	0	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	-1,125	0	-1,125	0	'
North America [Member] | Reportable operating segments [Member] | Acquired Companies [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	6,940	0	8,581	0	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	-1,300	0	-1,807	0	'
Asia [Member] | Reportable operating segments [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	61,968	64,036	111,860	96,760	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	4,715	3,776	6,388	3,112	'
Total Assets:	'	'	'	'	'
Assets excluding unallocated goodwill	202,476	'	202,476	'	148,780
Asia [Member] | Reportable operating segments [Member] | TRP [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	17,227	21,788	32,831	21,788	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	3,710	3,596	5,110	3,587	'
Asia [Member] | Reportable operating segments [Member] | Power Solutions [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	357	0	357	0	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	-162	0	-162	0	'
Asia [Member] | Reportable operating segments [Member] | Acquired Companies [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	17,584	21,788	33,188	21,788	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	3,548	3,596	4,948	3,587	'
Europe [Member] | Reportable operating segments [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	16,550	10,591	27,441	20,716	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	616	-105	941	615	'
Total Assets:	'	'	'	'	'
Assets excluding unallocated goodwill	78,880	'	78,880	'	42,100
Europe [Member] | Reportable operating segments [Member] | TRP [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	555	392	1,186	392	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	128	104	228	104	'
Europe [Member] | Reportable operating segments [Member] | Power Solutions [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	1,839	0	1,839	0	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	297	0	297	0	'
Europe [Member] | Reportable operating segments [Member] | Acquired Companies [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	2,394	392	3,025	392	'
Income from operations [Abstract]	'	'	'	'	'
Income from operations	425	104	525	104	'
Intersegment Elimination [Member]	'	'	'	'	'
Total segment sales [Abstract]	'	'	'	'	'
Net Sales	($18,484)	($12,947)	($28,075)	($21,990)	'

INCOME_TAXES_Details

INCOME TAXES (Details) (USD $)	3 Months Ended	6 Months Ended
In Millions, unless otherwise specified	Mar. 31, 2013	Jun. 30, 2014	Dec. 31, 2013
Income Taxes [Line Items]	'	'	'
Liability for uncertain tax position that would impact effective tax rate	'	$2.50	$2.20
Uncertain tax positions included in income taxes payable	'	0.8	1
Liability for uncertain tax positions	'	1.7	1.2
Prior year liability uncertain tax positions relating to 2010	'	0.8	'
Accrued interest and penalties uncertain tax positions	'	0.2	0.2
Deferred tax assets	'	1.5	'
Expected increase in income tax benefit	'	0.4	'
Increase in income tax benefit	0.4	'	'
TRP [Member]	'	'	'
Income Taxes [Line Items]	'	'	'
Deferred tax liabilities at the date of acquisition	'	0.6	'
Deferred tax assets	'	2.2	'
Power Solutions [Member]	'	'	'
Income Taxes [Line Items]	'	'	'
Deferred tax assets	'	3	'
Array [Member]	'	'	'
Income Taxes [Line Items]	'	'	'
Deferred tax liability	'	0.7	'
Deferred tax liabilities at the date of acquisition	'	1	'
Deferred tax assets	'	$2.10	'

ACCRUED_EXPENSES_Details

ACCRUED EXPENSES (Details) (USD $)	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2014	Jun. 30, 2014
In Thousands, unless otherwise specified			Power Solutions [Member]	Power Solutions [Member]
Accrued expenses [Abstract]	'	'	'	'
Sales commissions	$1,903	$1,431	'	'
Subcontracting labor	2,218	2,406	'	'
Salaries, bonuses and related benefits	24,609	13,674	'	'
Litigation reserve	726	723	'	'
Warranty accrual	3,667	0	'	'
Other	7,312	4,208	'	'
Accrued expenses	40,435	22,442	'	'
Business Acquisition [Line Items]	'	'	'	'
Standard warranty period of product	'	'	'	'2 years
Schedule of warranty accrual account for the period from the acquisition date [Roll Forward]	'	'	'	'
Beginning balance as of June 19, 2014	'	'	4,111	'
Charges and costs accrued	'	'	45	'
Adjustments related to pre-existing warranties (including changes in estimates)	'	'	0	'
Less repair costs incurred	'	'	-521	'
Change due to foreign currency	'	'	32	'
Ending balance as of June 30, 2014	'	'	$3,667	$3,667

DEBT_Details

DEBT (Details) (USD $)

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2013

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Dec. 31, 2013

Jun. 30, 2014

Jun. 30, 2014

Line of Credit [Member]

Line of Credit [Member]

Line of Credit [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

Minimum [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Maximum [Member]

LIBOR [Member]

Federal Funds Rate [Member]

Revolving Credit Facility [Member]

Term Loan [Member]

Delayed Draw Term Loan [Member]

Line of Credit [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

Line of Credit [Member]

New Secured Credit Agreement [Member]

New Secured Credit Agreement [Member]

LIBOR [Member]

Alternate Base Rate [Member]

LIBOR [Member]

Alternate Base Rate [Member]

Line of Credit Facility [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Available line of credit

'

'

'

'

$30,000,000

'

'

'

'

$50,000,000

$145,000,000

$70,000,000

'

'

'

'

'

'

Line of credit facility, expiration date

'

'

'

'

14-Oct-16

'

'

'

'

'

'

'

'

'

'

'

'

'

Line of credit, amount outstanding

'

'

'

'

12,000,000

'

'

'

'

'

145,000,000

'

'

'

'

'

'

'

Line of credit, current borrowing capacity

'

'

'

'

18,000,000

120,000,000

120,000,000

'

'

50,000,000

'

70,000,000

'

'

'

'

'

'

Percentage of capital stock of foreign subsidiaries given as collateralized security to line of credit (in hundredths)

'

'

'

'

'

'

65.00%

'

'

'

'

'

'

'

'

'

'

'

Interest rate on borrowings outstanding (in hundredths)

'

'

'

'

1.40%

3.00%

3.00%

'

'

'

'

'

'

'

'

'

'

'

Interest expense incurred

'

'

100,000

0

'

200,000

'

'

'

'

'

'

'

'

'

'

'

'

Basis spread on variable rate (in hundredths)

'

'

'

'

'

'

2.75%

1.00%

0.50%

'

'

'

1.00%

1.75%

0.75%

1.50%

3.00%

2.00%

Repayments of Lines of Credit

'

'

12,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Additional borrowing capacity

'

'

'

'

'

100,000,000

100,000,000

'

'

'

'

'

'

'

'

'

'

'

Effective LIBOR rate (in hundredths)

'

'

'

'

'

'

0.25%

'

'

'

'

'

'

'

'

'

'

'

Available of without violating Leverage Ratio covenant

'

'

'

'

'

100,100,000

100,100,000

'

'

'

'

'

'

'

'

'

'

'

Deferred financing costs

'

'

'

'

'

5,400,000

5,400,000

'

'

'

'

'

'

'

'

'

'

'

Deferred financing costs amortization period

'

'

'

'

'

'

'5 years

'

'

'

'

'

'

'

'

'

'

'

Scheduled principal payments [Abstract]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2014

3,625,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2015

9,063,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2016

10,875,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2017

12,687,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

2018

16,313,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Thereafter

92,437,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Total long-term debt

145,000,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Less: Current maturities of long-term debt

-7,250,000

0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Noncurrent portion of long-term debt

$137,750,000

$0

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

RETIREMENT_FUND_AND_PROFIT_SHA2

RETIREMENT FUND AND PROFIT SHARING PLAN (Details) (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Balance sheet amounts [Abstract]	'	'	'	'	'
Minimum pension obligation and unfunded pension liability	$11,376,000	'	$11,376,000	'	$10,830,000
SERP [Member]	'	'	'	'	'
Components of SERP expense [Abstract]	'	'	'	'	'
Service cost	138,000	139,000	276,000	278,000	'
Interest cost	135,000	112,000	270,000	224,000	'
Amortization of adjustments	46,000	77,000	92,000	154,000	'
Total SERP expense	319,000	328,000	638,000	656,000	'
Balance sheet amounts [Abstract]	'	'	'	'	'
Minimum pension obligation and unfunded pension liability	11,376,000	'	11,376,000	'	10,830,000
Amounts recognized in accumulated other comprehensive loss, pretax [Abstract]	'	'	'	'	'
Prior service cost	1,140,000	'	1,140,000	'	1,230,000
Net loss	1,004,000	'	1,004,000	'	1,004,000
Total amounts recognized in accumulated other comprehensive loss	2,144,000	'	2,144,000	'	2,234,000
401(k) Plan [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Employer match of the first 1% of compensation contributed by participants (in hundredths)	'	'	100.00%	'	'
Percentage of participant contribution under condition one (in hundredths)	1.00%	'	1.00%	'	'
Employer match of the next 5% compensation contributed by participants (in hundredths)	'	'	50.00%	'	'
Percentage of employee deferrals under condition two (in hundredths)	5.00%	'	5.00%	'	'
Compensation expense	100,000	100,000	300,000	300,000	'
401(k) Plan [Member] | Class A [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Shares owned by plan (in shares)	14,886	'	14,886	'	'
401(k) Plan [Member] | Class B [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Shares owned by plan (in shares)	182,539	'	182,539	'	'
Non-defined Retirement Fund [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Maximum annual contribution by eligible employee (in hundredths)	'	'	5.00%	'	'
Minimum employer contribution to plan (in hundredths)	'	'	5.00%	'	'
Employer contribution of eligible salary (in hundredths)	'	'	7.00%	'	'
Compensation expense	$100,000	$100,000	$100,000	$100,000	'
Non-defined Retirement Fund [Member] | Class A [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Shares owned by plan (in shares)	3,323	'	3,323	'	'
Non-defined Retirement Fund [Member] | Class B [Member]	'	'	'	'	'
Defined Benefit Plan Disclosure [Line Items]	'	'	'	'	'
Shares owned by plan (in shares)	17,342	'	17,342	'	'

ACCUMULATED_OTHER_COMPREHENSIV2

ACCUMULATED OTHER COMPREHENSIVE INCOME (Details) (USD $)	6 Months Ended
In Thousands, unless otherwise specified	Jun. 30, 2014		Dec. 31, 2013
Accumulated other comprehensive loss [Abstract]	'		'
Foreign currency translation adjustment, net of taxes of $200 and $77 at June 30, 2014 and December 31, 2013	$2,441		$1,904
Unrealized holding gains on available-for-sale securities, net of taxes of $234 and $169 as of June 30, 2014 and December 31, 2013	388		282
Unfunded SERP liability, net of taxes of ($665) and ($693) as of June 30, 2014 and December 31, 2013	-1,478		-1,541
Accumulated other comprehensive loss, tax [Abstract]	'		'
Foreign currency translation adjustment, tax	200		77
Unrealized holding gains (losses) on available-for-sale securities, tax	234		169
Change in unfunded SERP liability, tax	-665		-693
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]	'		'
Balance at beginning of period	645		'
Other comprehensive income (loss) before reclassifications	643		'
Amounts reclassified from accumulated other comprehensive income (loss)	63		'
Net current period other comprehensive income (loss)	706		'
Balance at end of period	1,351		'
Foreign Currency Translation Adjustment [Member]	'		'
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]	'		'
Balance at beginning of period	1,904		'
Other comprehensive income (loss) before reclassifications	537		'
Amounts reclassified from accumulated other comprehensive income (loss)	0		'
Net current period other comprehensive income (loss)	537		'
Balance at end of period	2,441		'
Unrealized Holding Gains on Available-for-Sale Securities [Member]	'		'
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]	'		'
Balance at beginning of period	282		'
Other comprehensive income (loss) before reclassifications	106		'
Amounts reclassified from accumulated other comprehensive income (loss)	0		'
Net current period other comprehensive income (loss)	106		'
Balance at end of period	388		'
Unfunded SERP Liability [Member]	'		'
Changes in Accumulated Other Comprehensive Loss by Component [Roll Forward]	'		'
Balance at beginning of period	-1,541		'
Other comprehensive income (loss) before reclassifications	0		'
Amounts reclassified from accumulated other comprehensive income (loss)	63	[1]	'
Net current period other comprehensive income (loss)	63		'
Balance at end of period	($1,478)		'
[1]	This reclassification relates to the amortization of prior service costs and gains/losses associated with the Company's SERP plan. This expense is allocated between cost of sales and selling, general and administrative expense based upon the employment.

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES (Details) (USD $)	6 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
	Defendant
SynQor, Inc [Member]	'	'
Loss Contingencies [Line Items]	'	'
Number of defendants	11	'
Damages Awarded	$0.70	$10.90
Damages covered through indemnification agreement	0.7	2.1
Molex Inc [Member]	'	'
Loss Contingencies [Line Items]	'	'
Number of patents	3	'
Power Solutions [Member]	'	'
Leases [Abstract]	'	'
Future minimum lease payments for operating leases	3.9	15.3
Other commitments [Abstract]	'	'
Outstanding purchase orders related to raw materials	15.5	23.4
Outstanding purchase orders related to capital expenditures	$0.40	$3

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	3 Months Ended	6 Months Ended		0 Months Ended
	Jun. 30, 2014	Jun. 30, 2014	Jun. 30, 2013	Jul. 25, 2014	Jul. 25, 2014	Jul. 25, 2014
				Subsequent Event [Member]	Subsequent Event [Member]	Subsequent Event [Member]
					Delayed Draw Term Loan [Member]	Revolving Credit Facility [Member]
Subsequent Event [Line Items]	'	'	'	'	'	'
Payment to acquire business, net of cash acquired and including a working capital adjustment	'	$109,879,000	$20,932,000	$90,700,000	'	'
Expected remaining payment relating to acquisition	'	'	'	9,000,000	'	'
Acquisition-related costs associated with CS transaction.	400,000	400,000	'	'	'	'
Additional borrowings	'	$145,000,000	$0	$90,000,000	$70,000,000	$20,000,000