Ascent Industries Co. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Acquisitions - Narrative (Details)

Acquisitions - Narrative (Details) - USD ($)						3 Months Ended			6 Months Ended	9 Months Ended	10 Months Ended	12 Months Ended
Acquisitions - Narrative (Details) - USD ($)	Jan. 01, 2019	Dec. 20, 2018	Jul. 01, 2018	Mar. 01, 2017	Feb. 28, 2017	Jun. 30, 2019	Dec. 31, 2018	Jun. 30, 2017	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2017	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017	Mar. 31, 2019	Jun. 29, 2018	Mar. 31, 2017	Dec. 09, 2016
Business Acquisition [Line Items]
Charge related to change in fair value of earn-out liability												$ (747,000)	$ 1,431,000	$ 688,000
Expenses incurred related to acquisition												(1,904,000)	2,573,000	(310,000)
Additional rent expense													4,000,000	3,300,000
Interest expense												3,818,000	2,211,000	985,000
Depreciation expense												7,578,000	6,412,000	5,295,000
Increase (decreases) in income tax provision												(727,000)	3,376,000	137,000
Acquisition related costs												601,000	1,212,000	795,000
Goodwill							$ 9,800,000		$ 9,800,000	$ 17,558,000	$ 6,004,000	17,558,000	9,800,000	6,004,000
Lease term	20 years															20 years
Level 3 Inputs
Business Acquisition [Line Items]
Fair value of earn-out liability							7,610,000		7,610,000	9,154,000	4,834,000	9,154,000	7,610,000	4,834,000
American Stainless Tubing, Inc.
Business Acquisition [Line Items]
Purchase price	$ 21,900,000
Charge related to change in fair value of earn-out liability						$ 200,000
Customer list intangible										(496,000)
Goodwill										714,000
Additional rent expense													500,000
Interest expense													800,000
Depreciation expense													200,000
Increase (decreases) in income tax provision													100,000
Fair value of earn-out payments										6,366,000		6,366,000			$ 6,148,000
Goodwill										7,758,000		7,758,000			7,044,000
Intangible assets										9,504,000		9,504,000			$ 10,000,000
Net sales												34,477,000
Income before income taxes												2,690,000
American Stainless Tubing, Inc. \| Fair Value Adjustment to Inventory
Business Acquisition [Line Items]
Expenses incurred related to acquisition												1,100,000
American Stainless Tubing, Inc. \| Customer List
Business Acquisition [Line Items]
Customer list intangible						$ 500,000
American Stainless Tubing, Inc. \| Customer Lists
Business Acquisition [Line Items]
Customer list intangible													1,200,000
MUSA-Galvanized
Business Acquisition [Line Items]
Purchase price			$ 10,400,000
Period for which earn out payments will be received			4 years
Earn out payments, target percentage			3.00%
Customer list intangible									(251,000)
Goodwill							300,000		251,000
Forecasted earn-out payments			$ 4,200,000
Fair value of earn-out payments			3,800,000				3,800,000		3,800,000				3,800,000
Purchase accounting adjustment for intangible assets							300,000
Goodwill			3,545,000				3,796,000		3,796,000				3,796,000
Intangible assets			$ 1,424,000				1,173,000		1,173,000				1,173,000
Net sales													11,877,000
Income before income taxes													65,000
MUSA-Galvanized \| Earn-Out Payment
Business Acquisition [Line Items]
Period for which earn out payments will be received			4 years
MUSA-Galvanized \| Acquisition-related Costs
Business Acquisition [Line Items]
Acquisition related costs													700,000
MUSA-Galvanized \| Customer List
Business Acquisition [Line Items]
Useful life of finite lived intangible assets acquired			15 years
MUSA-Galvanized \| Level 3 Inputs
Business Acquisition [Line Items]
Fair value of earn-out liability							3,358,000		3,358,000	1,782,000	0	$ 1,782,000	3,358,000	0
MUSA-Galvanized \| Level 3 Inputs \| Other Current Liabilities
Business Acquisition [Line Items]
Fair value of earn-out liability							1,000,000		1,000,000				1,000,000
MUSA-Galvanized \| Measurement Input, Discount Rate
Business Acquisition [Line Items]
Discount rate applied to earn-out payments			0.05
MUSA-Stainless
Business Acquisition [Line Items]
Purchase price					$ 15,000,000
Customer list intangible											0
Goodwill											1,059,000
Goodwill and earn-out liability, provisional adjustment								$ 1,100,000
Fair value of earn-out payments					3,604,000			4,700,000			4,664,000			4,664,000			$ 3,600,000
Goodwill					3,589,000			$ 4,600,000			4,649,000			4,649,000			$ 3,600,000
Intangible assets					$ 992,000						992,000			992,000
Escrow deposit																		$ 3,000,000
Net sales														25,800,000
Income before income taxes														200,000
Monthly lease payment				$ 33,333
Lease term				15 months
MUSA-Stainless \| Earn-Out Payment
Business Acquisition [Line Items]
Period for which earn out payments will be received					4 years
Earn out payments, target percentage					3.00%
Forecasted earn-out payments					$ 4,100,000
Contingent consideration payment, lower limit					3,000,000
Estimated earn out payments, discounted					$ 3,600,000
Discount rate applicable to future revenue					5.00%
MUSA-Stainless \| Customer List
Business Acquisition [Line Items]
Useful life of finite lived intangible assets acquired												15 years
MUSA-Stainless \| Level 3 Inputs
Business Acquisition [Line Items]
Fair value of earn-out liability							$ 4,252,000		$ 4,252,000	$ 2,403,000	$ 4,834,000	$ 2,403,000	$ 4,252,000	$ 4,834,000
Term Loan
Business Acquisition [Line Items]
Debt term	5 years	5 years
Principal amount of debt	$ 20,000,000	$ 20,000,000
American Stainless \| American Stainless Tubing, Inc.
Business Acquisition [Line Items]
Period for which earn out payments will be received	3 years
American Stainless \| American Stainless Tubing, Inc. \| Earn-Out Payment
Business Acquisition [Line Items]
Earn out payments, target percentage	6.50%