CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Current Assets
Cash and Cash Equivalents	$ 22,585		$ 8,257
Accounts Receivable	13,723	[1]	12,968	[2]
Inventories-Net	7,364		6,728
Deferred Taxes	625		871
Other Current Assets	1,468		1,359
Total Current Assets	45,765		30,183
Property and Equipment - Net	4,483		4,762
Goodwill-Net	3,526		3,526
Other Long Term Assets	1,364		1,603
Total Assets	55,138		40,074
Current Liabilities:
Accounts Payable	2,352		1,793
Accrued Compensation	4,184		3,114
Accrued Commissions and Sales Incentives	2,749		3,934
Dividends Payable	4,945
Taxes Payable	1,216		134
Other Liabilities	3,572		3,575
Total Current Liabilities	19,018		12,550
Deferred Taxes	926		1,032
Other Long Term Liabilities	1,225		861
Total Liabilities	21,169		14,443
Commitments and Contingencies		[3]		[3]
Omega Flex, Inc. Shareholders' Equity:
Common Stock	102	[4]	102	[4]
Treasury Stock	(1)		(1)
Paid-in Capital	10,808		10,808
Retained Earnings	23,446		14,929
Accumulated Other Comprehensive Loss	(497)		(329)
Total Omega Flex, Inc. Shareholders' Equity	33,858		25,509
Noncontrolling Interest	111		122
Total Shareholders' Equity	33,969		25,631
Total Liabilities and Shareholders' Equity	$ 55,138		$ 40,074

[1] Less allowances of $710.

[2] Less allowances of $729.

[3] See Note 11.

[4] Common Stock - par value $0.01 Shares: authorized 20,000,000, issued 10,153,633 and outstanding 10,091,822 at both December 31, 2014 and 2013.