SEGMENT INFORMATION (Details) - USD ($) |
3 Months Ended | 6 Months Ended | |||
---|---|---|---|---|---|
Jun. 30, 2016 |
Jul. 04, 2015 |
Jun. 30, 2016 |
Jul. 04, 2015 |
Dec. 31, 2015 |
|
Segment Reporting Information [Line Items] | |||||
Net sales | $ 34,906,668 | $ 50,163,448 | $ 71,218,680 | $ 101,811,693 | |
Operating (loss) income | (327,000) | 4,398,000 | 111,000 | 8,974,000 | |
Operating (loss) income | (1,732,065) | 3,170,307 | (2,585,848) | 6,300,961 | |
Acquisition related costs | 75,000 | 4,770 | 75,057 | 445,046 | |
Change in fair value of interest rate swaps | 98,187 | (183,337) | 391,840 | (13,917) | |
Palmer earn-out adjustment | 0 | 0 | 0 | (2,483,333) | |
(Loss) income before income taxes | (2,098,395) | 3,167,285 | (3,527,127) | 8,237,024 | |
Assets | 147,514,451 | 147,514,451 | $ 149,043,490 | ||
Metals Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 22,079,000 | 33,943,000 | 46,041,000 | 69,404,000 | |
Operating (loss) income | (1,649,000) | 2,832,000 | (2,421,000) | 5,948,000 | |
Assets | 108,457,000 | 108,457,000 | 112,748,000 | ||
Specialty Chemicals Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 12,828,000 | 16,220,000 | 25,178,000 | 32,408,000 | |
Operating (loss) income | 1,322,000 | 1,566,000 | 2,532,000 | 3,026,000 | |
Assets | 32,300,000 | 32,300,000 | 33,391,000 | ||
Corporate [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Operating (loss) income | (1,732,000) | 3,171,000 | (2,586,000) | 6,301,000 | |
Less unallocated corporate expenses | 1,330,000 | 1,222,000 | 2,622,000 | 2,228,000 | |
Acquisition related costs | 75,000 | 5,000 | 75,000 | 445,000 | |
Interest expense | 268,000 | 321,000 | 549,000 | 698,000 | |
Change in fair value of interest rate swaps | 98,000 | (183,000) | 392,000 | (14,000) | |
Palmer earn-out adjustment | 0 | 0 | 0 | (2,483,000) | |
Other Income | 0 | (134,000) | 0 | (137,000) | |
(Loss) income before income taxes | (2,098,000) | 3,167,000 | (3,527,000) | 8,237,000 | |
Assets | 6,757,000 | 6,757,000 | $ 2,904,000 | ||
Operating Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | $ 34,907,000 | $ 50,163,000 | $ 71,219,000 | $ 101,812,000 |