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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets:    
Cash and Cash Equivalents $ 23,920 $ 32,392
Accounts Receivable - less allowances of $946 and $985, respectively 16,665 16,451
Investments 22,898 14,944
Inventories-Net 9,387 7,976
Other Current Assets 862 1,859
Total Current Assets 73,732 73,622
Right-Of-Use Assets 770
Property and Equipment - Net 8,799 8,378
Goodwill - Net 3,526 3,526
Deferred Taxes 3 3
Other Long Term Assets 1,385 1,307
Total Assets 88,215 86,836
Current Liabilities:    
Accounts Payable 1,733 2,775
Accrued Compensation 2,273 5,295
Accrued Commissions and Sales Incentives 3,402 4,246
Dividends Payable 2,826 2,422
Taxes Payable 738 58
Lease Liability 317
Other Liabilities 5,030 3,591
Total Current Liabilities 16,319 18,405
Lease Liability, net of current portion 472
Deferred Taxes 211 566
Other Long Term Liabilities 1,525 1,544
Total Liabilities 18,527 20,515
Commitments and Contingencies (Note 5)
Omega Flex, Inc. Shareholders' Equity:    
Common Stock - par value $0.01 share: authorized 20,000,000 shares: 10,153,633 shares issued at June 30, 2019 and December 31, 2018, respectively, and 10,094,322 and 10,091,822 shares outstanding at June 30, 2019 and December 31, 2018, respectively 102 102
Treasury Stock (1) (1)
Paid-in Capital 11,025 10,808
Retained Earnings 59,227 56,110
Accumulated Other Comprehensive Loss (1,002) (950)
Total Omega Flex, Inc. Shareholders' Equity 69,351 66,069
Noncontrolling Interest 337 252
Total Shareholders' Equity 69,688 66,321
Total Liabilities and Shareholders' Equity $ 88,215 $ 86,836