April 4, 2012
Shareholders' Equity attributable to non-controlling interest
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
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Award Type and Plan Name
Deferred Compensation Arrangements, Overall, Description
Liability for Uncertain Tax Positions, Current
Inventory
4. Line of Credit
Principal Payments on Line of Credit
Cash Flows from Investing Activities:
Cash Flows from Operating Activities:
Accounts Receivable
Document Fiscal Year Focus
Entity Voluntary Filers
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
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net Income attributable to Omega Flex, Inc.
Net Income attributable to Omega Flex, Inc.
Income Tax Expense
Interest Income (Expense), Net
General and Administrative Expense
Net Sales
Entity Current Reporting Status
Treasury Stock, Number of Shares Held
Time or Period
Employee Service Share-based Compensation, Unrecognized Compensation Costs on Nonvested Awards, Weighted Average Period of Recognition
Loss Contingency, Range of Possible Loss, Maximum
Loss Contingency, Range of Possible Loss, Maximum
Gain Contingency, Nature
Gain Contingencies by Nature
Other Deferred Compensation Arrangements, Liability, Current and Noncurrent
Fair Value of Financial and Nonfinancial Instruments
Use of Estimates
3. Inventories
Accounts Payable Change
Basic and Diluted Earnings per Common Share
Operating Profit
Operating Profit
Shareholders' Equity:
Accrued Compensation
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights
Product Liability Reserves
Revenue Recognition
Cash and Cash Equivalents - End of Period
Cash and Cash Equivalents - End of Period
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
Engineering Expense
Common Stock, Shares Authorized
Total Liabilities
Total Liabilities
Property and Equipment - Net
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
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures
Other Deferred Compensation Arrangements, Liability, Current
Line of Credit Facility, Description
Line of Credit Facility
Net Cash Provided By (Used In) Investing Activities
Net Cash Provided By (Used In) Investing Activities
Capital Expenditures
Capital Expenditures
Common Stock
Inventories-Net
Current Assets
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
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period
Pending or Threatened Litigation
Line of Credit Facility, Maximum Borrowing Capacity
Sovereign Bank, NA
Schedule of Inventory, Current
Translation effect on cash
Selling Expense
CONDENSED CONSOLIDATED STATEMENTS OF INCOME
Total Current Assets
Total Current Assets
Cash and Cash Equivalents
Document and Entity Information:
Other Ownership Interests, Name
Other Ownership Interests by Name
Insurance Claims
Line of Credit Facility, Interest Rate Description
Schedule of nonvested phantom stock units
Goodwill {1}
Goodwill
Accounts Receivable {1}
Accounts Receivable
Accrued Compensation Change
Inventory Change
Non-Cash Compensation Expense
Net (Income) Loss attributable to the Noncontrolling Interest, net of tax
Net (Income) Loss attributable to the Noncontrolling Interest, net of tax
Total Shareholders' Equity
Total Shareholders' Equity
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Share-based Liabilities Paid
Phantom Stock Plan
Tables/Schedules
Net Cash Provided by (Used In) Financing Activities
Net Cash Provided by (Used In) Financing Activities
Total Other Comprehensive Income
Other Long Term Liabilities
Current Liabilities:
December 2007
Share-based Compensation Arrangements by Share-based Payment Award, Award Type and Plan Name
Currency Translation
5. Commitments and Contingencies
Net Cash Provided by (Used In) Operating Activities
Net Cash Provided by (Used In) Operating Activities
Changes in Assets and Liabilities
Comprehensive Income
Other Income (Expense), Net
Common Stock, Par Value
Total Omega Flex, Inc. Shareholders' Equity
Total Omega Flex, Inc. Shareholders' Equity
Taxes Payable {1}
Taxes Payable
ASSETS
Entity Common Stock, Shares Outstanding
Income (Loss) Attributable to Parent
Deferred Compensation Share-based Arrangements, Liability, Classified, Noncurrent
Loss Contingency, Balance Sheet Caption
Product Liability Inurance Deductible - Range, maximum
The maximum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Notes
Depreciation and Amortization
Total Current Liabilities
Total Current Liabilities
LIABILITIES AND SHAREHOLDERS' EQUITY
Deferred Compensation Share-based Arrangements, Liability, Current and Noncurrent
Line of Credit Facility, Collateral
Other Comprehensive Income (loss)
Disclosure of Accounting Policy for Other Comprehensive Income.
Income Taxes
9. Subsequent Events
8. Shareholders' Equity
7. Noncontrolling Interests
Net Increase (Decrease) in Cash and Cash Equivalents
Adjustments to Reconcile Net Income to Net Cash Provided By (Used In) Operating Activities:
Other Comprehensive Income (Loss), Net of Tax:
Basic and Diluted Weighted-Average Shares Outstanding
Net Income
Net Income
Paid-in Capital
Goodwill-Net
Entity Well-known Seasoned Issuer
Entity Central Index Key
Unvested units outstanding
Loss Contingency Accrual
Loss Contingency, Management's Assessment and Process
Statement {1}
Statement
1. Basis of Presentation and Description of Business
Supplemental Disclosure of Cash Flow Information
Omega Flex, Inc. Shareholders' Equity:
Document Type
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
Line of Credit Facility, Lender
Statement
Inventory, Finished Goods, Gross
Concentrations
6. Stock Based Plans
Other Liabilities Change
Foreign Currency Translation Adjustment, Net of Taxes
Total Liabilities and Shareholders' Equity
Total Liabilities and Shareholders' Equity
Accumulated Other Comprehensive Loss
Retained Earnings
Treasury Stock
Treasury Stock
Other Long Term Assets
Document Fiscal Period Focus
Entity Registrant Name
Stock Repurchased During Period, Shares
Stock Repurchase Program, Authorized Amount
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, Award Vesting Period, Maximum
Product Liability Inurance Deductible - Range, minimum
The minimum amount of risk retained by the entity before the insurance arrangement begins to provide coverage.
Inventory, Raw Materials, Gross
New Accounting Pronouncements
Accounts Receivable Change
Less: Comprehensive Income (Loss) Attributable to the Noncontrolling Interest
Gross Profit
Gross Profit
Noncontrolling Interest
Total Assets
Total Assets
A non-controlling interest
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period
Deferred Compensation Share-based Arrangements, Liability, Current
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized
Share-based Compensation Arrangement by Share-based Payment Award, Description
Cash Surrender Value of Life Insurance
Other Deferred Compensation Arrangements, Liability, Classified, Noncurrent
Provision for Losses on Accounts Receivable, net of write-offs and recoveries
Other Comprehensive Income
Income Before Income Taxes
Income Before Income Taxes
Allowance for doubtful Accounts Receivable
Deferred Taxes {1}
Deferred Taxes
Accounts Payable {1}
Accounts Payable
Entity Filer Category
Time or Period {1}
Time or Period
Allocated Share-based Compensation Expense
Fair Value, Option, Methodology and Assumptions
Product Liability Contingency, Loss Exposure Not Accrued, High Estimate
Loss Contingencies by Nature of Contingency
Line of Credit Facility, Commitment Fee Description
Details
Earnings Per Common Share
Policies
Cash paid for Income Taxes
Cash and Cash Equivalents - Beginning of Period
Cash and Cash Equivalents - Beginning of Period
Accrued Commissions and Sales Incentives
Other Current Assets
Deferred Taxes
CONDENSED CONSOLIDATED BALANCE SHEETS
Current Fiscal Year End Date
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
Employee Service Share-based Compensation, Unrecognized Compensation Costs on Nonvested Awards
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).
Positive Outcome of Litigation
Loss Contingency, Nature
Line of Credit Facility, Amount Outstanding
2. Significant Accounting Policies
Cash paid for Interest
Cash Flows from Financing Activities:
Accrued Commissions and Sales Incentives Change
Represents the change in accrued commissions and sales incentives.
Other Assets Change
Cost of Goods Sold
Common Stock, Shares Outstanding
Common Stock, Shares Issued
Other Liabilities