CONDENSED CONSOLIDATED BALANCE SHEETS (June 30, 2015 unaudited) - USD ($) $ in Thousands		Sep. 30, 2015		Dec. 31, 2014
Current Assets
Cash and Cash Equivalents		$ 24,199		$ 22,585
Accounts Receivable		15,233	[1]	13,723	[2]
Inventories - Net		8,466		7,364
Deferred Taxes		467		625
Other Current Assets		1,849		1,468
Total Current Assets		50,214		45,765
Property and Equipment - Net		4,616		4,483
Goodwill-Net		3,526		3,526
Other Long Term Assets		1,271		1,364
Total Assets		59,627		55,138
Current Liabilities:
Accounts Payable		1,574		2,352
Accrued Compensation		3,443		4,184
Accrued Commissions and Sales Incentives		3,271		2,749
Dividends Payable				4,945
Taxes Payable		369		1,216
Other Liabilities		3,912		3,572
Total Current Liabilities		12,569		19,018
Deferred Taxes		905		926
Other Long Term Liabilities		1,096		1,225
Total Liabilities		$ 14,570		$ 21,169
Commitments and Contingencies	[3]
Omega Flex, Inc. Shareholders' Equity:
Common Stock		$ 102		$ 102
Treasury Stock		(1)		(1)
Paid-in Capital		10,808		10,808
Retained Earnings		34,490		23,446
Accumulated Other Comprehensive Loss		(575)		(497)
Total Omega Flex, Inc. Shareholders' Equity		44,824		33,858
Noncontrolling Interest		233		111
Total Shareholders' Equity		45,057		33,969
Total Liabilities and Shareholders' Equity		$ 59,627		$ 55,138

[1] Less allowance of $779.

[2] Less allowance of $710.

[3] See Note 5.