Product Liability Inurance Deductible - Range, maximum
The maximum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Other Deferred Compensation Arrangements, Liability, Current
Line of Credit Facility, Description
Inventory, Finished Goods
1. Basis of Presentation and Description of Business
Net Cash Provided by (Used In) Operating Activities
Net Cash Provided by (Used In) Operating Activities
Accrued Compensation Change
Accounts Receivable Change
Cash Flows from Operating Activities:
Less: Comprehensive Income (Loss) Attributable to the Noncontrolling Interest
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Entity Common Stock, Shares Outstanding
Entity Central Index Key
March 6, 2008 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period, Weighted Average Grant Date Fair Value
Valuation Allowances and Reserves, Balance
Valuation Allowances and Reserves Type
Line of Credit Facility, Maximum Borrowing Capacity
Currency Translation
Provision for Losses on Accounts Receivable, net of write-offs and recoveries
Cost of Goods Sold
Other Current Assets
Statement
Amendment Flag
Stock Repurchased During Period, Shares
Translation effect on cash
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Diluted Earnings per Common Share:
Basic Earnings
Inventories-Net
Stock Repurchase Program, Authorized Amount
A non-controlling interest
Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name
Insurance Claims
Other Deferred Compensation Arrangements, Liability, Classified, Noncurrent
Line of Credit Facility, Commitment Fee Description
Policies
Changes in Assets and Liabilities:
Comprehensive Income
Retained Earnings
Omega Flex, Inc. Shareholders' Equity:
Property and Equipment - Net
Range [Domain]
Fair Value, Option, Methodology and Assumptions
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name
Loss Contingencies by Nature of Contingency
Line of Credit Facility, Lender
Product Liability Reserves
Goodwill and Intangible Assets
Inventory
Use of Estimates
Other Assets Change
Interest Income (Expense), Net
Net Sales
Total Liabilities and Shareholders' Equity
Total Liabilities and Shareholders' Equity
Other Long Term Liabilities
Other Long Term Assets
Accounts Receivable
Entity Current Reporting Status
Document Period End Date
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest
Other Comprehensive Income (Loss), Foreign Currency Transaction and Translation Adjustment, before Tax, Portion Attributable to Noncontrolling Interest
Earnings Per Common Share
7. Noncontrolling Interests
3. Inventories
Net Cash Provided By (Used In) Investing Activities
Net Cash Provided By (Used In) Investing Activities
Diluted Earnings
Paid-in Capital
Total Current Liabilities
Total Current Liabilities
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award
Phantom Stock Plan
Gain Contingency, Income Statement Caption
Loss Contingency, Nature
Loss Contingency, Management's Assessment and Process
Schedule of Inventory, Current
New Accounting Pronouncements
4. Line of Credit
2. Significant Accounting Policies
Cash paid for Interest
Accrued Commissions and Sales Incentives Change
Increase / (decrease) in carrying value as of the balance sheet date of obligations incurred through that date and payable for sales commissions and incentives. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
Non-Cash Compensation Expense
Less: Net (Income) Loss attributeable to Nonconrolling Interest, Net of Tax
Less: Net (Income) Loss attributeable to Nonconrolling Interest, Net of Tax
Income Before Income Taxes
Income Before Income Taxes
Accumulated Other Comprehensive Income (Loss)
Other Liabilities
Goodwill-Net
CONDENSED CONSOLIDATED BALANCE SHEETS
Entity Voluntary Filers
December 2007
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expected to Vest, Outstanding, Number
Share-based Compensation Arrangement by Share-based Payment Award, Options, Expected to Vest, Outstanding, Number
Deferred Compensation Share-based Arrangements, Liability, Current and Noncurrent
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period, Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized
Revenue Recognition
Notes
Cash paid for Income Taxes
Supplemental Disclosure of Cash Flow Information
Cash and Cash Equivalents - End of Period
Cash and Cash Equivalents - End of Period
Net Increase (Decrease) in Cash and Cash Equivalents
Accounts Payable Change
Adjustments to Reconcile Net Income to Net Cash Provided By (Used In) Operating Activities:
Income Tax Expense
Other Income (Expense), Net
Insurance Legal Recovery
Insurance Legal Recovery
Selling Expense
Common Stock
Entity Well-known Seasoned Issuer
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Beginning Balance
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance
Employee Service Share-based Compensation, Unrecognized Compensation Costs on Nonvested Awards
Deferred Compensation Share-based Arrangements, Liability, Noncurrent
Deferred Compensation Share-based Arrangements, Liability, Current
Time or Period
Loss Contingency Accrual, at Carrying Value
Gain Contingencies by Nature
Line of Credit Facility, Amount Outstanding
Sovereign Bank, NA
Liability for Uncertain Tax Positions, Current
Diluted Weighted-Average Shares Outstanding
Net Income attributable to Omega Flex, Inc.
Net Income attributable to Omega Flex, Inc.
Gross Profit
Gross Profit
Accrued Compensation
Maximum [Member]
Range [Axis]
Treasury Stock, Number of Shares Held
Other Ownership Interests, Name
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning of Period
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning of Period
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, End of Period
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights
Warranty Reserves
Product Liability Inurance Deductible - Range, minimum
The minimum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Schedule of nonvested phantom stock units
Capital Expenditures
Total Other Comprehensive Income
Other Comprehensive Income
Basic Weighted-Average Shares Outstanding
Operating Profit
Operating Profit
Common Stock, Shares Outstanding
Common Stock, Shares Authorized
Total Omega Flex, Inc. Shareholders Equity
Total Omega Flex, Inc. Shareholders' Equity
LIABILITIES AND SHAREHOLDERS' EQUITY
Entity Public Float
April 4, 2012
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period
6. Stock Based Plans
Basic Earnings per Common Share:
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
Total Shareholders' Equity
Total Shareholders' Equity
Accrued Commissions and Sales Incentives
Current Liabilities:
Total Current Assets
Total Current Assets
Line of Credit Facility
Details
5. Commitments and Contingencies
Cash and Cash Equivalents - Beginning of Period
Cash and Cash Equivalents - Beginning of Period
Inventory Change
Net Income
Net Income
Current Assets
Entity Filer Category
Other Ownership Interests by Name
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period
Share-based Compensation Arrangement by Share-based Payment Award, Shares Issued in Period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value
Loss Contingency, Range of Possible Loss, Maximum
Loss Contingency, Range of Possible Loss, Maximum
Product Liability Contingency, Loss Exposure Not Accrued, High Estimate
Line of Credit Facility, Covenant Compliance
Noncontrolling Interest
Treasury Stock
Treasury Stock
Total Assets
Total Assets
Document Type
Loss Contingency, Balance Sheet Caption
Other Comprehensive Income (loss)
Cash Flows from Investing Activities:
Depreciation and Amortization
Other Comprehensive Income, Net of Tax:
Statement {1}
Statement
Document Fiscal Year Focus
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Allocated Share-based Compensation Expense
Gain Contingency, Nature
Line of Credit Facility, Collateral
Inventory, Raw Materials
8. Shareholders' Equity
Deferred Taxes {1}
Deferred Taxes
Cash and Cash Equivalents
Entity Registrant Name
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Description
Time or Period {1}
Time or Period
Pending or Threatened Litigation
Other Deferred Compensation Arrangements, Liability, Current and Noncurrent
Line of Credit Facility, Interest Rate Description
Tables/Schedules
Fair Value of Financial and Nonfinancial Instruments
9. Subsequent Events
General and Administrative Expense
Equity:
Accounts Payable {1}
Accounts Payable
Deferred Taxes
Document Fiscal Period Focus
Document and Entity Information
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Total Share-based Liabilities Paid
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures
February 16, 2012
Valuation Allowances and Reserves
Positive Outcome of Litigation
Cash Surrender Value of Life Insurance
Deferred Compensation Arrangements, Overall, Description
Income Taxes
Accounts Receivable {1}
Accounts Receivable
Other Liabilities Change
Foreign Currency Translation Adjustment, net of Taxes
Engineering Expense
The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects and, (3) technical support for existing products.
Common Stock, Shares Issued
Common Stock, Par Value
Total Liabilities
Total Liabilities
ASSETS
Current Fiscal Year End Date