SEGMENT INFORMATION (Details) - USD ($) |
3 Months Ended | 9 Months Ended | |||
---|---|---|---|---|---|
Sep. 30, 2016 |
Oct. 03, 2015 |
Sep. 30, 2016 |
Oct. 03, 2015 |
Dec. 31, 2015 |
|
Segment Reporting Information [Line Items] | |||||
Net sales | $ 34,297,231 | $ 38,083,284 | $ 105,515,911 | $ 139,894,977 | |
Operating (loss) income | (2,052,000) | 1,050,000 | (1,941,000) | 10,024,000 | |
Acquisition related costs | 1,034 | 9,154 | 76,091 | 454,200 | |
Operating (loss) income | (3,766,617) | (116,073) | (6,352,465) | 6,185,005 | |
Change in fair value of interest rate swaps | (115,328) | 247,152 | 276,512 | 233,235 | |
Specialty and Palmer earn-out adjustments | 0 | (2,414,115) | 0 | (4,897,448) | |
(Loss) income before income taxes | (3,924,276) | 1,709,190 | (7,451,403) | 9,946,214 | |
Assets | 126,577,657 | 126,577,657 | $ 149,043,490 | ||
Metals Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 22,291,000 | 23,084,000 | 68,331,000 | 92,488,000 | |
Operating (loss) income | (3,240,000) | (548,000) | (5,661,000) | 5,400,000 | |
Assets | 98,873,000 | 98,873,000 | 112,749,000 | ||
Specialty Chemicals Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | 12,006,000 | 14,999,000 | 37,185,000 | 47,407,000 | |
Operating (loss) income | 1,188,000 | 1,598,000 | 3,720,000 | 4,624,000 | |
Assets | 24,352,000 | 24,352,000 | 33,391,000 | ||
Corporate [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Less unallocated corporate expenses | 1,713,000 | 1,157,000 | 4,335,000 | 3,385,000 | |
Acquisition related costs | 1,000 | 9,000 | 76,000 | 454,000 | |
Operating (loss) income | (3,766,000) | (116,000) | (6,352,000) | 6,185,000 | |
Interest expense | 273,000 | 342,000 | 822,000 | 1,040,000 | |
Change in fair value of interest rate swaps | (115,000) | 247,000 | 277,000 | 233,000 | |
Specialty and Palmer earn-out adjustments | 0 | (2,414,000) | 0 | (4,897,000) | |
Other Income | 0 | 0 | 0 | (137,000) | |
(Loss) income before income taxes | (3,924,000) | 1,709,000 | (7,451,000) | 9,946,000 | |
Assets | 3,353,000 | 3,353,000 | $ 2,903,000 | ||
Operating Segment [Member] | |||||
Segment Reporting Information [Line Items] | |||||
Net sales | $ 34,297,000 | $ 38,083,000 | $ 105,516,000 | $ 139,895,000 |