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
Product Liability Contingency, Loss Exposure Not Accrued, High Estimate
Loss Contingency, Nature
Description of Defined Contribution Pension and Other Postretirement Plans
Prepaid Expenses
Prepaid Expenses
Inventory Valuation Reserves
Significant Concentration
Inventories
Use of Estimates
Policies
5. Line of Credit
Cash Flows from Financing Activities:
Change in Accounts Payable
Cumulative Translation Adjustment
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Interest Income (Expense) - Net
Accumulated Other Comprehensive Loss
Other Liabilities
Other Current Assets
Document Fiscal Year Focus
Entity Voluntary Filers
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name
Positive Outcome of Litigation
Gain Contingency, Nature
Unrecognized Tax Benefits
Unrecognized Tax Benefits, Beginning Balance
Unrecognized Tax Benefits, Ending Balance
Line of Credit Facility, Covenant Compliance
Property, Plant and Equipment, Useful Life, Average
Shipping, Handling and Transportation Costs
Other Comprehensive Income (loss)
Represents the policy disclosure of Other Comprehensive Income (Loss).
9. Leases
Cash Flows from Investing Activities:
Deferred Taxes {2}
Deferred Taxes
Cash Flows from Operating Activities:
Retained Earnings {1}
Retained Earnings
Statement, Equity Components
Less: Comprehensive Income (Loss) Attributable to the Noncontrolling Interest, Net of Taxes
General and Administrative Expense
Net Sales
Accounts Payable {1}
Accounts Payable
Total Assets
Total Assets
Entity Current Reporting Status
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Beginning Balance
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value, Ending Balance
Employee Service, Share-based Compensation, Paid Shares
The number of shares paid during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).
Loss Contingency, Range of Possible Loss, Maximum
Loss Contingency, Range of Possible Loss, Maximum
Gain Contingencies by Nature
Other Deferred Compensation Arrangements, Liability, Current and Noncurrent
Deferred Compensation Arrangements, Overall, Description
Treasury Stock, Number of Shares Held
Schedule of Components of Income Tax Expense (Benefit)
CONSOLIDATED STATEMENTS OF CASH FLOWS
Net Income attributable to Omega Flex, Inc.
Net Income attributable to Omega Flex, Inc.
Operating Profit
Operating Profit
Allowance for doubtful Accounts Receivable
Shareholders' Equity:
Employee Service Share-based Compensation, Unrecognized Compensation Costs on Nonvested Awards, Weighted Average Period of Recognition
Allocated Share-based Compensation Expense
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights
Product Liability Inurance Deductible - Range, maximum
The maximum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Cash Surrender Value of Life Insurance
Savings & retirement plan
Total Deferred Assets
Total Deferred Assets
Accounts Receivable Valuation
Compensation Assets
Current Foreign Tax Expense (Benefit)
Property, Plant and Equipment, Useful Life, Minimum
Marketing and Advertising Expense
Fair Value of Financial and Nonfinancial Instruments
Product Liability Reserves
Revenue Recognition
3. Inventories
Principal Borrowings (Repayments) on Line of Credit
Change in Accrued Commissions and Sales Incentives
Represents the change in accrued commissions and sales incentives.
Provision for Losses on Accounts Receivable, net of write-offs and recoveries
Basic and Diluted Earnings per Common Share
Engineering Expense
Represents the expense for engineering and related activities.
Cost of Goods Sold
Total Liabilities
Total Liabilities
Accrued Commissions and Sales Incentives
Document Period End Date
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
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations
Other
Deferred Litigation Costs
Deferred Federal Income Tax Expense (Benefit)
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
Line of Credit Facility, Description
Line of Credit Facility
Schedule of income tax expense vs. statutory income tax expense
Represents the tabular disclosure (schedule) of income tax expense vs. statutory income tax expenses.
Research and Development Expense {1}
Research and Development Expense
Cash and Cash Equivalents - Beginning of Year
Cash and Cash Equivalents - Beginning of Year
Change in Accrued Compensation
Change in Inventories
Noncontrolling Interest {1}
Noncontrolling Interest
Less: Net (Income) Loss attributable to the Noncontrolling Interest, net of tax
Less: Net (Income) Loss attributable to the Noncontrolling Interest, net of tax
CONSOLIDATED STATEMENTS OF INCOME
Common Stock, Shares Issued
Inventories-Net
Amendment Flag
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period, Weighted Average Grant Date Fair Value
Unvested units outstanding
Represents the number of uninvested shares or units outstanding as of the indicated date.
February 16, 2012
Insurance Claims
Deferred Tax Assets:
Deferred Foreign Income Tax Expense (Benefit)
Deferred State and Local Income Tax Expense (Benefit)
A non-controlling interest
December 2007
Time or Period {1}
Time or Period
Property, Plant and Equipment, Type
Research and Development Expense
Schedule of Inventory
Provision For Doubtful Accounts
Goodwill {1}
Goodwill
Net Cash Provided By (Used In) Investing Activities
Net Cash Provided By (Used In) Investing Activities
Capital Expenditures
Capital Expenditures
Insurance Legal Recovery
Insurance Legal Recovery
Selling Expense
Total Shareholders' Equity
Total Shareholders' Equity
Balance, Value
Balance, Value
Property and Equipment - Net
Accounts Receivable - less allowances of $729 and $653, respectively
Document and Entity Information:
Other Deferred Compensation Arrangements, Liability, Current
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities
Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits, Share-based Compensation Cost
Deferred Tax Assets, Operating Loss Carryforwards, Foreign
Line of Credit Facility, Maximum Borrowing Capacity
Building
Tables/Schedules
New Accounting Pronouncements and Changes in Accounting Principles
Changes in Assets and Liabilities
Non-Cash Compensation Expense
Treasury Stock {1}
Treasury Stock
Total Omega Flex, Inc. Shareholders' Equity
Total Omega Flex, Inc. Shareholders' Equity
Accrued Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid
Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name
Product Liability Inurance Deductible - Range, minimum
The minimum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Deferred Compensation Arrangement with Individual, Employer Contribution
Qualified non-contributory profit-sharing plan
Operating Leases, Future Minimum Payments, Due Thereafter
Operating Leases, Future Minimum Payments Due, Next Twelve Months
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Amount
Other Ownership Interests, Name
Other Ownership Interests by Name
Line of Credit Facility, Interest Rate Description
Translation effect on cash
Dividends Paid
Dividends Paid
Current Liabilities:
Pending or Threatened Litigation
Operating Leases, Future Minimum Payments, Due in Four Years
Effective Income Tax Rate Reconciliation at Federal Statutory Income Tax Rate, Amount
Dividends and Interest Paid
Accumulated Depreciation, Depletion and Amortization Expense, Property, Plant and Equipment, Current Charge
Schedule of nonvested phantom stock units
Income Taxes
13. Subsequent Events
Net Cash Provided by (Used In) Financing Activities
Net Cash Provided by (Used In) Financing Activities
Balance, Shares
Balance, Shares
Balance, Shares
Common Stock {1}
Common Stock
Common Stock, Shares Authorized
Other Long Term Liabilities
Taxes Payable {1}
Taxes Payable
Entity Common Stock, Shares Outstanding
Deferred Compensation Share-based Arrangements, Liability, Classified, Noncurrent
Loss Contingency, Balance Sheet Caption
Gain Contingency, Income Statement Caption
Property, Plant and Equipment by Type
Currency Translation
Cash Equivalents
6. Shareholders' Equity
Cash and Cash Equivalents - End of Year
Cash and Cash Equivalents - End of Year
Net Cash Provided by (Used In) Operating Activities
Net Cash Provided by (Used In) Operating Activities
Equity Component
Other Income (Expense) - Net
Common Stock
Omega Flex, Inc. Shareholders' Equity:
Total Current Liabilities
Total Current Liabilities
LIABILITIES AND SHAREHOLDERS' EQUITY
Goodwill-Net
Total Current Assets
Total Current Assets
Current Assets
Entity Well-known Seasoned Issuer
Deferred Compensation Share-based Arrangements, Liability, Current and Noncurrent
Common Stock, Dividends, Per Share, Declared
Line of Credit Facility, Collateral
Schedule of Deferred Tax Assets and Liabilities
Subsequent Events
Supplemental Disclosure of Cash Flow Information
Change in Other Liabilities
Statement {1}
Statement
Paid In Capital
Basic and Diluted Weighted-Average Shares Outstanding
Entity Central Index Key
Type of Deferred Compensation
Unrecognized Tax Benefits, Decrease Resulting from Current Period Tax Positions
Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount
Effective Income Tax Rate Reconciliation, Deduction, Qualified Production Activity, Amount
Stock Repurchase Program, Authorized Amount
Property, Plant and Equipment, Gross
Leaseholds and Leasehold Improvements
Shipping Costs
Notes
Changes in Accounts Receivable
Depreciation and Amortization
Statement
Total Other Comprehensive Income
Treasury Stock
Treasury Stock
Cash and Cash Equivalents
Document Type
Loss Contingency Accrual
Loss Contingency, Management's Assessment and Process
Operating Leases, Future Minimum Payments, Due in Three Years
Deferred Tax Liabilities, Property, Plant and Equipment
Profit from operations, non-controlling interest portion
The portion of the entity's profit during the specified period that is attributable to non-controlling interest.
Stock Repurchased During Period, Shares
Equipment
Land {1}
Land
Inventory, Finished Goods, Gross
Schedule of Future Minimum Rental Payments for Operating Leases
Schedule of Reconciliation of unrecognized tax benefits
Represents the tabular disclosure (schedule) of reconciliation of unrecognized tax benefits.
Provision for Inventory Reserves
Comprehensive Income
Net Income (Loss)
Net Income
Other Long Term Assets
ASSETS
Document Fiscal Period Focus
Entity Registrant Name
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
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
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period, Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award
Operating Leases, Future Minimum Payments, Due in Five Years
Total Deferred Liabilities
Total Deferred Liabilities
Represents the sum total of defered liabilities, as of the date indicated.
Deferred Tax Liabilities:
Sovereign Bank, NA
Line of Credit Facility, Lender
Inventory, Raw Materials, Gross
Property and Equipment
11. Commitments and Contingencies
Cash paid for Income Taxes
Foreign Currency Translation Adjustment, Net of Taxes
Income Before Income Taxes
Income Before Income Taxes
Gross Profit
Gross Profit
Common Stock, Par Value
Total Liabilities and Shareholders' Equity
Total Liabilities and Shareholders' Equity
Retained Earnings
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, Options, Grants in Period, Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized
Share-based Compensation Arrangement by Share-based Payment Award, Description
Unrecognized tax benefits, reserve
Reserve, mot of which impacts the effective tax rate.
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Amount
Construction in Progress, Gross
Details
Schedule of Property, Plant and Equipment
12. Stock-Based Compensation Plans
4. Property and Equipment
Change in Other Assets
Noncontrolling Interest
Deferred Taxes {1}
Deferred Taxes
CONSOLIDATED BALANCE SHEETS
Entity Filer Category
Entity Public Float
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
Fair Value, Option, Methodology and Assumptions
Other Deferred Compensation Arrangements, Liability, Classified, Noncurrent
Deferred Compensation Arrangement with Individual, Postretirement Benefits, by Type of Deferred Compensation
Operating Leases, Future Minimum Payments Due
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions
Total Deferred Tax Asset (liability)
Total Deferred Tax Asset (liability)
Income Tax Expense (Benefit), Continuing Operations
Current Federal Tax Expense (Benefit)
April 4, 2012
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
7. Noncontrolling Interests
1. Basis of Presentation and Consolidation
Cash paid for Interest
CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY
Other Comprehensive Income (Loss), Net of Tax:
Common Stock, Shares Outstanding
Deferred Taxes
Current Fiscal Year End Date
Deferred Compensation Share-based Arrangements, Liability, Current
Phantom Stock Plan
Loss Contingencies by Nature of Contingency
Operating Leases, Future Minimum Payments, Due in Two Years
Operating Leases, Rent Expense, Net
Inventory Valuation
Effective Income Tax Rate Reconciliation, Tax Contingency, Amount
Current State and Local Tax Expense (Benefit)
Time or Period
Line of Credit Facility, Amount Outstanding
Line of Credit Facility, Commitment Fee Description
Property, Plant and Equipment, Useful Life, Maximum
Earnings Per Common Share
Advertising Expense {1}
Advertising Expense
10. Employee Benefit Plans
8. Income Taxes
2. Significant Accounting Policies
Net Increase (Decrease) in Cash and Cash Equivalents
Dividends Paid {1}
Dividends Paid
Adjustments to Reconcile Net Income to Net Cash Provided By (Used In) Operating Activities:
Accumulated Other Comprehensive Income (Loss)
Other Comprehensive Income
Income Tax Provision
Paid-in Capital
Line of Credit