S-1/A

As filed with the Securities and Exchange Commission on September 10, 2013.

SEC File No. 333-190302

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

AMENDMENT NO. 2 TO

FORM S-1

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

PIONEER POWER SOLUTIONS, INC.

(Exact name of registrant as specified in its charter)

Delaware	3612	27-1347616
(State or other jurisdiction of incorporation or organization)	(Primary Standard Industrial Classification Code Number)	(I.R.S. Employer Identification No.)

400 Kelby Street, 9th Floor

Fort Lee, New Jersey 07024

(212) 867-0700

(Address, including zip code, and telephone number,
 including area code, of registrant’s principal executive offices)

Nathan J. Mazurek

Chief Executive Officer

Pioneer Power Solutions, Inc.

400 Kelby Street, 9th Floor

Fort Lee, New Jersey 07024

(212) 867-0700

(Name, address, including zip code, and telephone number,

 including area code, of agent for service)

Copies of all communications, including communications sent to agent for service, should be sent to:

Rick A. Werner, Esq. Haynes and Boone, LLP 30 Rockefeller Plaza, 26th Floor New York, New York 10112 Tel. (212) 659-7300 Fax (212) 884-8234 Robert L. Frome, Esq. Kenneth A. Schlesinger, Esq. Olshan Frome Wolosky LLP Park Avenue Tower 65 East 55^th Street New York, NY 10022 Tel. (212) 451-2300 Fax (212) 451-2222

Approximate date of commencement of proposed sale to the public:   As soon as practicable after the effective date of this Registration Statement.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933 check the following box.  o

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.    o

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.    o

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.    o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer	o	Accelerated filer	o
Non-accelerated filer	o	Smaller reporting company	x
(Do not check if a smaller reporting company)

The registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this registration statement shall thereafter become effective in accordance with section 8(a) of the Securities Act of 1933 or until the registration statement shall become effective on such date as the Commission acting pursuant to said section 8(a), may determine. 

EXPLANATORY NOTE

This Amendment No. 2 to the Registration Statement on Form S-1 (File No. 333-190302) of Pioneer Power Solutions, Inc. is being filed solely to file XBRL interactive data. This Amendment No. 2 does not modify any provision of the prospectus constituting Part I or the other Items of Part II of the Registration Statement. Accordingly, the prospectus has not been included in this Amendment No. 2.

PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

Item 13.   Other Expenses of Issuance and Distribution.

The following table provides information regarding the various actual and anticipated expenses (other than underwriters’ discounts) payable by us in connection with the issuance and distribution of the common stock being registered hereby. All amounts shown are estimates except the Securities and Exchange Commission registration fee, FINRA filing fee and the Nasdaq initial listing fee:

SEC Registration Fee	$	1,255.00
Nasdaq Listing Fee	$	50,000.00
FINRA Filing Fee	$	1,880.00
Accounting Fees and Expenses	$	25,000.00
Legal Fees and Expenses	$	200,000.00
Transfer Agent Fees	$	10,000.00
Printing Expenses	$	30,000.00
Miscellaneous Fees and Expenses	$	31,865.00
Total	$	350,000.00

Item 14.   Indemnification of Directors and Officers.

Section 145 of the Delaware General Corporation Law provides, in general, that a corporation incorporated under the laws of the State of Delaware, as we are, may indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding (other than a derivative action by or in the right of the corporation) by reason of the fact that such person is or was a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another enterprise, against expenses (including attorneys’ fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with such action, suit or proceeding if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the corporation and, with respect to any criminal action or proceeding, had no reasonable cause to believe such person’s conduct was unlawful. In the case of a derivative action, a Delaware corporation may indemnify any such person against expenses (including attorneys’ fees) actually and reasonably incurred by such person in connection with the defense or settlement of such action or suit if such person acted in good faith and in a manner such person reasonably believed to be in or not opposed to the best interests of the corporation, except that no indemnification will be made in respect of any claim, issue or matter as to which such person will have been adjudged to be liable to the corporation unless and only to the extent that the Court of Chancery of the State of Delaware or any other court in which such action was brought determines such person is fairly and reasonably entitled to indemnity for such expenses.

Our certificate of incorporation and bylaws provide that we will indemnify our directors, officers, employees and agents to the extent and in the manner permitted by the provisions of the Delaware General Corporation Law, as amended from time to time, subject to any permissible expansion or limitation of such indemnification, as may be set forth in any stockholders’ or directors’ resolution or by contract. In addition, our director and officer indemnification agreements with each of our directors and officers provide, among other things, for the indemnification to the fullest extent permitted or required by Delaware law, provided that no indemnitee will be entitled to indemnification in connection with any claim initiated by the indemnitee against us or our directors or officers unless we join or consent to the initiation of the claim, or the purchase and sale of securities by the indemnitee in violation of Section 16(b) of the Securities Exchange Act of 1934, as amended.

Any repeal or modification of these provisions approved by our stockholders will be prospective only and will not adversely affect any limitation on the liability of any of our directors or officers existing as of the time of such repeal or modification.

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We are also permitted to apply for insurance on behalf of any director, officer, employee or other agent for liability arising out of his actions, whether or not the Delaware General Corporation Law would permit indemnification.

Item 15.   Recent Sales of Unregistered Securities.

None.

Item 17.   Undertakings.

Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a director, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue.

The undersigned registrant hereby undertakes that:

(1) For purposes of determining any liability under the Securities Act of 1933, the information omitted from the form of prospectus filed as part of this registration statement in reliance upon Rule 430A and contained in a form of prospectus filed by the registrant pursuant to Rule 424(b)(1) or (4) or 497(h) under the Securities Act shall be deemed to be part of this registration statement as of the time it was declared effective.

(2) For the purpose of determining any liability under the Securities Act of 1933, each post-effective amendment that contains a form of prospectus shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

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INDEX TO EXHIBITS

Exhibit No.	Description
1.1**	Form of Underwriting Agreement
3.1	Composite Certificate of Incorporation of Pioneer Power Solutions, Inc. (Incorporated by reference to Exhibit 3.1 to Amendment No. 4 to the Registration Statement on Form S-1 of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on June 21, 2011).
3.2	Bylaws (Incorporated by reference to Exhibit 3.2 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 2, 2009).
4.1	Form of Securities Purchase Agreement (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
4.2	Form of $10.00 Warrant (Incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
4.3	Form of $16.25 Warrant (Incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
4.4	Warrant to Purchase Common Stock, dated April 30, 2010, issued to Thomas Klink (Incorporated by reference to Exhibit 4.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on May 4, 2010).
4.5	Warrant to Purchase Common Stock, dated April 26, 2010 (Incorporated by reference to Exhibit 4.6 to Post-Effective Amendment No. 1 to Registration Statement on Form S-1 of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on June 1, 2010).
4.6	Form of Warrant to Purchase Common Stock, dated May 11, 2010, issued to investor relations firm and its designees (Incorporated by reference to Exhibit 4.7 to the Registration Statement on Form S-1 of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on April 20, 2011).
4.7**	Form of Common Stock Certificate.
4.8**	Form of Underwriter Warrant.
5.1**	Form of Opinion of Haynes and Boone, LLP.
10.1	Form of Director and Officer Indemnification Agreement (Incorporated by reference to Exhibit 10.1 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission for the year ended December 31, 2010).
10.2	Pioneer Power Solutions, Inc. 2009 Equity Incentive Plan (Incorporated by reference to Exhibit 10.8 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
10.3	Form of 2009 Incentive Stock Option Agreement (Incorporated by reference to Exhibit 10.9 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).

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10.4	Form of 2009 Non-Qualified Stock Option Agreement (Incorporated by reference to Exhibit 10.10 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
10.5	Pioneer Power Solutions, Inc. 2011 Long-Term Incentive Plan (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on May 31, 2011).
10.6	Employment Agreement, dated December 2, 2009, by and between Pioneer Power Solutions, Inc. and Nathan J. Mazurek (Incorporated by reference to Exhibit 10.7 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on December 7, 2009).
10.7	Employment Agreement, dated March 30, 2012, by and between Pioneer Power Solutions, Inc. and Nathan J. Mazurek (Incorporated by reference to Exhibit 10.42 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 30, 2012).
10.8	Employment and Non-Competition Agreement, dated August 12, 2010, by and between Pioneer Power Solutions, Inc. and Andrew Minkow (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on August 18, 2010).
10.9	Employment Agreement, dated March 30, 2012, by and between Pioneer Power Solutions, Inc. and Andrew Minkow (Incorporated by reference to Exhibit 10.43 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 30, 2012).
10.10	Collective Labor Agreement, dated November 26, 2010, by and between Pioneer Transformers Ltd. and United Steelworkers, Local Section 9414  (Incorporated by reference to Exhibit 10.8 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission for the year ended December 31, 2010).
10.11*	Agreement dated January 1, 2010, by and between Pioneer Transformers Ltd. and Hydro-Quebec Utility Company (Incorporated by reference to Exhibit 10.34 to Amendment No. 1 to the Registration Statement on Form S-1 of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 10, 2010).
10.12*	Agreement dated January 8, 2010, by and between Pioneer Transformers Ltd. and Hydro-Quebec Utility Company (Incorporated by reference to Exhibit 10.35 to Amendment No. 1 to the Registration Statement on Form S-1 of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 10, 2010).
10.13	Contract Extension Agreements, Contract No. 4600017108 and 4600017040, dated March 6, 2012, by and between Pioneer Transformers Ltd. and Hydro-Quebec Utility Company (Incorporated by reference to Exhibit 10.41 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 30, 2012).
10.14	Contract Extension Agreements, Contract No. 4600017108 and 4600017040, dated February 13, 2013, by and between Pioneer Transformers Ltd. and Hydro-Quebec Utility Company (Incorporated by reference to Exhibit 10.19 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on April 1, 2013).
10.15	Employment Agreement, dated April 30, 2010, by and between Jefferson Electric, Inc. and Thomas Klink (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on May 4, 2010).

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10.16	Term Loan Agreement, dated July 25, 2012, by and between Nexus Magneticos S. de R.L. de C.V. and GE CF Mexico, S.A. de C.V. (Incorporated by reference to Exhibit 10.2 to Amendment No. 1 to the Quarterly Report on Form 10-Q/A of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on November 16, 2012).
10.17	Irrevocable Transfer of Title and Guaranty Trust Agreement, dated July 25, 2012, by and among, Nexus Magneticos S. de R.L. de C.V. and GE CF Mexico, S.A. de C.V., Jefferson Electric, Inc., GE CF Mexico, S.A. de C.V. and Banco Invex, S.A. (Incorporated by reference to Exhibit 10.3 to Amendment No. 1 to the Quarterly Report on Form 10-Q/A of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on November 16, 2012).
10.18	Corporate Guaranty, dated July 25, 2011, by and between Pioneer Power Solutions, Inc. and GE CF Mexico, S.A. de C.V. (Incorporated by reference to Exhibit 10.4 to Amendment No. 1 to the Quarterly Report on Form 10-Q/A of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on November 16, 2012).
10.19	Collective Bargaining Agreement Nexus Magneticos S. de R.L. de C.V., dated January 1, 2011 (Incorporated by reference to Exhibit 10.35 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission for the year ended December 31, 2010).
10.20	Industrial Lease between Comercializadora Reynosa Para La Industria Maquiladora S.A. DE C.V. and Nexus Magneticos e Mexico S. de R.L. de C.V (Incorporated by reference to Exhibit 10.41 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on April 1, 2013).
10.21	Share Purchase Agreement, dated May 13, 2011, by and among Fiducie Familiale Mazoyer, Bon-Ange Inc., Gilles Mazoyer and 7834080 Canada Inc. (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on May 19, 2011).
10.22	Amendment Agreement, dated June 30, 2011, by and among Fiducie Familiale Mazoyer, Bon-Ange Inc., Gilles Mazoyer and 7834080 Canada Inc. (Incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 5, 2011).
10.23	Equipment Purchase Agreement, dated July 1, 2011, by and among Vermont Transformer, Inc., GCEFF Inc., Gilles Mazoyer and 7834080 Canada Inc. (Incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 5, 2011).
10.24	Collective Labor Agreement, dated June 3, 2010, by and between Bemag Transformer Inc. and Syndicat Québécois des Employées et Employés de Service, Section Locale 298 (FTQ) (Incorporated by reference to Exhibit 10.45 to the Annual Report on Form 10-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on March 30, 2012).
10.25	First Amendment to Employment Agreement, dated April 30, 2013, by and between Jefferson Electric, Inc. and Thomas Klink (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on April 30, 2013).
10.26	Credit Agreement, dated as of June 28, 2013, by and among Pioneer Power Solutions, Inc., as borrower, Pioneer Critical Power Inc. and Jefferson Electric, Inc., as guarantors, and Bank of Montreal, Chicago Branch, as lender (Incorporated by reference to Exhibit 10.1 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 3, 2013).

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10.27	Security Agreement, dated as of June 28, 2013, by and among Pioneer Power Solutions, Inc., Pioneer Critical Power Inc. and Jefferson Electric, Inc. and Bank of Montreal, Chicago Branch (Incorporated by reference to Exhibit 10.2 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 3, 2013).
10.28	Amended and Restated Letter Loan Agreement, dated as of June 28, 2013, by and among Pioneer Electrogroup Canada Inc., Pioneer Transformers Ltd. and Bemag Transformer Inc., as borrowers, and Bank of Montreal, as lender (Incorporated by reference to Exhibit 10.3 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 3, 2013).
10.29	Guaranty Agreement, dated as of June 28, 2013, by Pioneer Power Solutions, Inc. in favor of Bank of Montreal (Incorporated by reference to Exhibit 10.4 to the Current Report on Form 8-K of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on July 3, 2013).
10.30	First Amendment to Credit Agreement, dated as of August 7, 2013, by and among Pioneer Power Solutions, Inc., Jefferson Electric, Inc., Pioneer Critical Power Inc. and Bank of Montreal (Incorporated by reference to Exhibit 10.1 to the Quarterly Report on Form 10-Q of Pioneer Power Solutions, Inc. filed with the Securities and Exchange Commission on August 14, 2013).
21.1**	List of Subsidiaries.
23.1**	Consent of Richter LLP.
23.2**	Consent of Haynes and Boone, LLP (included in Exhibit 5.1).
24.1**	Power of Attorney (included on signature page).
101***	The following materials from this registration statement formatted in XBRL (eXtensible Business Reporting Language), (i) Consolidated Statements of Earnings (ii) Consolidated Statements of Comprehensive Income, (iii) Consolidated Balance Sheets, (iii) Consolidated Statements of Cash Flows, (iv) Consolidated Statements of Shareholders’ Equity and (v) the Notes to Consolidated Financial Statements.

* Confidential treatment has been granted with respect to certain portions of this exhibit.

** Previously filed.

*** Pursuant to Rule 406T of Regulation S-T, the Interactive Data Files on Exhibit 101 hereto are deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, as amended, are deemed not filed for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, and otherwise are not subject to liability under those sections.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Fort Lee, State of New Jersey on September 10, 2013.

	PIONEER POWER SOLUTIONS, INC.
By:	/s/ Nathan J. Mazurek
	Name:  Nathan J. Mazurek
	Title: Chief Executive Officer

In accordance with the requirements of the Securities Act of 1933, this registration statement has been signed by the following persons in the capacities and on the dates indicated.

Signature	Title	Date
/s/ Nathan J. Mazurek	President, Chief Executive Officer and Chairman of the Board of Directors (Principal Executive Officer)	September 10, 2013
Nathan J. Mazurek
/s/ Andrew Minkow	Chief Financial Officer, Secretary, Treasurer and Director (Principal Financial Officer and Principal Accounting Officer)	September 10, 2013
Andrew Minkow
*	Director, President of Jefferson Electric, Inc.	September 10, 2013
Thomas Klink
*	Director	September 10, 2013
Yossi Cohn
*	Director	September 10, 2013
David J. Landes
*	Director	September 10, 2013
Ian Ross
*	Director	September 10, 2013
David Tesler
*	Director	September 10, 2013
Jonathan Tulkoff

* by	/s/ Nathan J. Mazurek
	Nathan J. Mazurek
	As Attorney-in-fact

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XML

Basic and Diluted Earnings Per Common Share (Schedule Earnings Per Share) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Numerator:
Earnings from continuing operations	$ 1,262	$ 879	$ 2,175	$ 1,719	$ 3,189	$ 2,471
Denominator:
Weighted average basic shares outstanding	5,907	5,907	5,907	5,907	5,907	5,907
Effect of dilutive securities -- equity based compensation plans	17	1	15		6
Net dilutive effect of warrants outstanding						42
Denominator for diluted earnings per common share	5,924	5,908	5,922	5,907	5,913	5,949
Earnings from continuing operations per common share:
Basic	$ 0.21	$ 0.15	$ 0.37	$ 0.29	$ 0.54	$ 0.42
Diluted	$ 0.21	$ 0.15	$ 0.37	$ 0.29	$ 0.54	$ 0.42
Equity Based Compensation Plan [Member]
Earnings from continuing operations per common share:
Anti-dilutive securities	118	131	118	131	118	112
Warrants [Member]
Earnings from continuing operations per common share:
Anti-dilutive securities	640	640	640	640	640	410

XML

Pension Plan (Schedule of Expected Benefit Payments) (Details) (Pension Benefits [Member], USD $) In Thousands, unless otherwise specified	Dec. 31, 2012
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
2013	$ 201
2014	206
2015	230
2016	234
2017	240
2018 - 2022	$ 1,214

XML

Pension Plan (Schedule of Accumulated Other Comprehensive Loss) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Pension Plan [Abstract]
Unrecognized prior service cost	$ 120	$ 129
Unrecognized net actuarial loss	84	97
Unrecognized transitional obligation	1,542	1,182
Deferred income taxes	(507)	(415)
Accumulated other comprehensive loss	$ 1,239	$ 993

XML

Debt

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Debt [Abstract]

Debt

7.Debt

Canadian Credit Facilities

The Company’s Canadian subsidiaries have maintained credit facilities with Bank of Montreal since October 2009. In June 2011, Pioneer Electrogroup Canada Inc., together with its subsidiaries, Pioneer Transformers Ltd. and Bemag Transformer Inc., entered into a letter loan agreement with Bank of Montreal (the “Canadian Facilities”) that replaced and superseded all prior financing arrangements with the bank. Bemag Transformer Inc. became a party to the Canadian Facilities on July 1, 2011, upon the acquisition of all of its capital shares by the Company.

The Canadian Facilities provide for up to $23.0 million Canadian dollars (“CAD”) (approximately $22.6 million expressed in U.S. dollars) consisting of a $10.0 million demand revolving credit facility (“Facility A”) to finance ongoing operations, a $2.0 million term credit facility (“Facility B”) that financed a plant expansion, a $10.0 million term credit facility (“Facility C”) to finance acquisitions, capital expenditures or to provide funding to the Company’s U.S. operations, a $50,000 Corporate MasterCard credit facility (“Facility D”) and a $1.0 million foreign exchange settlement risk facility (“Facility E”).

The Canadian Facilities are secured by a first-ranking lien in the amount of approximately $30 million CAD on all of the present and future movable and immovable property of the Company’s Canadian subsidiaries.

The Canadian Facilities require the Company’s Canadian operations to comply on a consolidated basis with various financial covenants, including maintaining a minimum fixed charge coverage ratio of 1.25, a maximum funded debt to EBITDA ratio of 2.75 and a limitation on funded debt to less than 60% of capitalization. The Canadian Facilities also restrict the ability of the Company’s Canadian operations to, among other things, (i) provide any funding to any person, including affiliates, in an aggregate amount exceeding $5.0 million CAD or (ii) make distributions in an aggregate amount exceeding 50% of Pioneer Electrogroup Canada Inc.’s previous year’s net income.

Facility A is subject to margin criteria and borrowings bear interest at the bank’s prime rate plus 0.50% per annum on amounts borrowed in Canadian dollars, or the bank’s U.S. base rate plus 0.50% per annum or LIBOR plus 2.00% per annum on amounts borrowed in U.S. dollars.

Borrowings under Facility B bear interest at the bank’s prime rate plus 1.00% per annum with principal repayments becoming due on a five year amortization schedule.

Borrowings under Facility C are repayable according to a five year principal amortization schedule and bear interest at the following rates: if the funded debt to EBITDA ratio is equal to or greater than 2.00, the bank’s prime rate plus 1.25% per annum on amounts borrowed in Canadian dollars, or the U.S. base rate plus 1.25% per annum or LIBOR plus 2.50% per annum on amounts borrowed in U.S. dollars; or, if the funded debt to EBITDA ratio is less than 2.00, the bank’s prime rate plus 1.00% per annum on amounts borrowed in Canadian dollars, or the U.S. base rate plus 1.00% per annum or LIBOR plus 2.25% per annum on amounts borrowed in U.S. dollars. In addition, Facility C is subject to a standby fee which is calculated monthly using the unused portion of the facility at either 0.625% per annum if the funded debt to EBITDA ratio is equal to or greater than 2.00, or 0.5625% per annum if the funded debt to EBITDA ratio is less than 2.00.

On June 28, 2013, Pioneer Electrogroup Canada Inc. and certain subsidiary guarantors amended and restated the Canadian Facilities with Bank of Montreal in order to, among other things, provide an additional six months to borrow any amounts not already drawn from Facility C. The Company alsoentered into a guaranty agreement to guarantee the obligations under the Canadian Facilities.

As of June30, 2013, the Companyhad approximately $10.2 million in U.S. dollar equivalents outstanding under the Canadian Facilities and was in compliance with its financial covenant requirements. The Company’s borrowings consisted of approximately $0.9 million outstanding under Facility A, $1.3 million outstanding underFacility B, and $8.0 million outstanding under Facility C.

United States Credit Facilities

The Company’s Jefferson Electric, Inc. subsidiary had a loan agreement with a Johnson Bank that included a revolving credit facility and a term credit facility. In November 2011, the loan agreement was revised to provide for an increase in the borrowing base limit of the revolving credit facility to $6.0 million and a decrease in the interest rate to the U.S. prime rate plus 2.0%. In connection with the amendment, the interest rate under the term credit facility was reduced to 6.0% annually.

In October 2012, the loan agreement was amended to reduce the interest rate under the revolving credit facility to a floating rate subject to a pricing grid, ranging from 2.25% to 3.50% above one month LIBOR, depending on Jefferson Electric, Inc.’s debt service coverage ratio. The term credit facility, which was repaid in full during July 2012, was removed from the Johnson Bank loan agreement in its entirety. Borrowings under the Johnson Bank loan agreement were collateralized by substantially all the U.S. assets of Jefferson Electric, Inc., and an officer of the subsidiary was a guarantor. The Johnson Bank loan agreement, as amended, required Jefferson Electric, Inc. to comply with certain financial covenants, including a requirement to exceed a minimum target for tangible net worth and maintain a minimum debt service coverage ratio. The loan agreement also restricted Jefferson Electric, Inc.’s ability to pay dividends or make distributions, advances or other transfers of assets.

On June 28, 2013, the Company and its wholly-owned U.S. subsidiaries, Pioneer Critical Power Inc. and Jefferson Electric, Inc., entered into a credit agreement with Bank of Montreal, Chicago Branch (the “U.S. Facilities”). The U.S. Facilities consist of a  $10.0 million demand revolving credit facility that was used topay off all amounts outstanding under the Johnson Bank loan agreement and will be used to finance ongoing operations; and a $6.0 million term loan facility, with principal repayments becoming due on a five yearamortization schedule, that is to be used to finance certain permitted acquisitions by the Company and its subsidiaries.

The U.S. Facilities require the Company’s U.S. operations  to comply with various financial covenants, including (a) maintaining a minimum fixed charge coverage ratio of (i) 1.25 for fiscal quarters ending June 30, 2013 to December 31, 2013, and (ii) 1.35 for fiscal quarters ending on or after March 31, 2014, (b) limiting funded debt to less than 50% of capitalization, and (c) maintaining a maximum funded debt to adjusted EBITDA ratio of (i) 5.25 for fiscal quarters ending June 30, 2013 to December 31, 2013, (ii) 5.00 for the fiscal quarter ending March 31, 2014, (iii) 4.50 for the fiscal quarter ending June 30, 2014, (iv) 4.00 for the fiscal quarter ending September 30, 2014, and (v) 3.75 for fiscal quarters ending on or after December 31, 2014. The U.S. Facilities also restrict the ability of the Company and its U.S. subsidiaries to incur indebtedness, create or incur liens, make investments, make distributions or dividends and enter into merger agreements or agreements for the sale of any or all assets.

Borrowings under the demand revolving credit facility bear interest, at the Company’s option, at the bank’s prime rate plus 1.00% per annum on U.S. prime rate loans, or an adjusted LIBOR rate plus 2.25% per annum on Eurodollar loans. Borrowings under the term loan facility bear interest, at the Company’s option, at the bank’s prime rate plus 1.25% per annum on U.S. prime rate loans, or an adjusted LIBOR rate plus 2.50% per annum on Eurodollar loans. In addition, the term loan facility is subject to a standby fee from June 28, 2013 to December 28, 2013, which is calculated monthly, using the unused portion of the facility, at a rate of 0.625% per annum.

In connection with the U.S. Facilities, the Company, Pioneer Critical Power Inc., Jefferson Electric, Inc. and the bank entered into a security agreement, pursuant to which the Company granted a security interest in substantially all of its assets in the U.S.,  and including 65% of the shares of Pioneer Electrogroup Canada Inc.held by the Company, to secure the Company’s obligations under the U.S. Facilities.

As of June 30, 2013, the Company had approximately $5.5 million outstanding under the demand revolving credit facility, the term loan facility was undrawn and the Company was in compliance with its financial covenant requirements.

Nexus Promissory Note

On July 25, 2012, the Company’s indirect wholly owned Mexican subsidiary, Nexus Magneticos de Mexico, S. de R.L. de C.V. (“Nexus”), entered into a term loan agreement with GE CF Mexico, S.A. de C.V. (“GE Capital Mexico”). At closing, GE Capital Mexico advanced to Nexus $1.65 million under the term loan agreement, less a non-refundable commission of 1% and less a pledge of cash representing 10% of the loan amount. Immediately upon receiving the term loan advance, Nexus made an intercompany loan in the same principal amount to Jefferson Electric, Inc., its controlling shareholder. In turn, Jefferson Electric, Inc. used the intercompany loan proceeds to repay a portion of its outstanding secured indebtedness owed to its U.S. bank. The net proceeds were used by Jefferson Electric, Inc. to fully repay the principal and accrued interest that was then outstanding under its term credit facility with its U.S. bank, as well as to reduce the outstanding balance under its revolving credit facility.

The term loan from GE Capital Mexico is payable in 60 consecutive monthly installments and bears interest, payable monthly, at a rate of 6.93% per annum. The term loan may be prepaid by Nexus in increments of at least $100,000, subject to the application of certain prepayment and other fees as established in the term loan agreement. The term loan agreement contains customary representations and warranties, affirmative and negative covenants and events of default, including covenants that restrict Nexus’ ability to create certain liens, incur additional liabilities, make certain types of investments, engage in mergers, consolidations, significant asset sales and affiliate transactions, pay dividends, redeem or repurchase outstanding equity and make capital expenditures.

The obligations of Nexus under the term loan are secured by (i) a pledge of cash in the amount of 10% of the term loan amount, (ii) a trust agreement, pursuant to which Nexus and Jefferson Electric, Inc. transferred title to substantially all of their equipment and machinery assets located in Mexico to a Mexican bank as trustee, to serve as security for all of Nexus’ obligations under the term loan agreement, and (iii) a corporate guaranty by the Company of all of Nexus’ obligations under the term loan agreement.

Long-term debt consists of the following (in thousands):

	June 30,	December 31,
	2013	2012
Revolving credit facilities	$            6,432	$            5,141
Term credit facilities	9,293	10,615
Nexus promissory note	1,226	1,371
Capital lease obligations	2	3
Total debt and capital lease obligations	16,953	17,130
Less current portion	(8,476)	(7,335)
Total long-term debt and capital lease obligations	$            8,477	$            9,795

9. Debt

Canadian Credit Facilities

In June 2011, Pioneer Electrogroup Canada Inc., a wholly owned subsidiary of the Company and the parent company of the Company’s active Canadian subsidiaries, Pioneer Transformers Ltd. and Bemag Transformer Inc. (the “Borrowers”), entered into a letter loan agreement with the Company’s Canadian bank (the “Canadian Facilities”) that replaced and superseded all of the Company’s prior financing arrangements with such bank. Bemag Transformer Inc. became a party to the Canadian Facilities on July 1, 2011, upon the acquisition of all of its capital shares by the Company.

The Canadian Facilities provide for up to $23.0 million CAD (approximately $23.1 million expressed in U.S. dollars) consisting of a $10.0 million demand revolving credit facility (“Facility A”) to finance ongoing operations, a $2.0 million term credit facility (“Facility B”) that financed a plant expansion, a $10.0 million term credit facility (“Facility C”) to finance acquisitions, capital expenditures or to provide funding to the Company, a $50,000 Corporate MasterCard credit facility (“Facility D”) and a $1.0 million foreign exchange settlement risk facility (“Facility E”).

The Canadian Facilities are secured by a first-ranking lien in the amount of approximately $25 million CAD on all of the present and future movable and immovable property of the Borrowers and their subsidiaries.

The Canadian Facilities require the Borrowers to comply on a consolidated basis with various financial covenants, including maintaining a minimum fixed charge coverage ratio of 1.25, a maximum funded debt to EBITDA ratio of 2.75 and a limitation on funded debt to less than 60% of capitalization. The Canadian Facilities also restrict the ability of the Borrowers to, among other things, (i) provide any funding to any person, including affiliates, in an aggregate amount exceeding $5.0 million CAD or (ii) make distributions in an aggregate amount exceeding 50% of Pioneer Electrogroup Canada Inc.’s previous year’s net income.

Facility A is subject to margin criteria and borrowings bear interest at the bank’s prime rate plus 0.50% per annum on amounts borrowed in Canadian dollars, or the U.S. base rate plus 0.50% per annum or LIBOR plus 2.00% per annum on amounts borrowed in U.S. dollars.

Borrowings under Facility B bear interest at the bank’s prime rate plus 1.00% per annum with principal repayments becoming due on a five year amortization schedule.

Borrowings under Facility C are repayable according to a five year principal amortization schedule and bear interest at the following rates: if the funded debt to EBITDA ratio is equal to or greater than 2.00, the bank’s prime rate plus 1.25% per annum on amounts borrowed in Canadian dollars, or the U.S. base rate plus 1.25% per annum or LIBOR plus 2.50% per annum on amounts borrowed in U.S. dollars; or, if the funded debt to EBITDA ratio is less than 2.00, the bank’s prime rate plus 1.00% per annum on amounts borrowed in Canadian dollars, or the U.S. base rate plus 1.00% per annum or LIBOR plus 2.25% per annum on amounts borrowed in U.S. dollars. In addition, Facility C is subject to a standby fee which is calculated monthly using the unused portion of the facility at either 0.625% per annum if the funded debt to EBITDA ratio is equal to or greater than 2.00, or 0.5625% per annum if the funded debt to EBITDA ratio is less than 2.00.

As of December 31, 2012, the Company had approximately $10.8 million in U.S. dollar equivalents outstanding under the Canadian Facilities and was in compliance with its financial covenant requirements. The Company’s borrowings consisted of approximately $0.2 million outstanding under Facility A, $1.5 million outstanding under Facility B, and $9.1 million outstanding under Facility C.

United States Credit Facilities

In January 2008, the Company’s Jefferson Electric, Inc. subsidiary entered into a bank loan agreement with a U.S. bank that included a revolving credit facility and a term credit facility (the “U.S. Facilities”). As of April 30, 2010, the date the Company acquired Jefferson Electric, Inc., final payment of all outstanding amounts under the U.S. Facilities became due on October 31, 2011. The interest rate under the revolving credit facility was equal to the greater of the bank’s reference rate or 6.5% per annum. The interest rate under the term credit facility was 7.27% annually.

In November 2011, Jefferson Electric, Inc. revised its financing arrangement and extended the maturity date of the U.S. Facilities to October 31, 2012. The amended loan agreement provided for an increase in the borrowing base limit of the revolving credit facility to $6.0 million and a decrease in the interest rate to the bank’s reference rate plus 2.0%. In connection with the amendment, the Company prepaid $250,000 under the term credit facility in November 2011 and made an additional prepayment of $750,000 in January 2012. The interest rate under the term credit facility was reduced to 6.0% annually, with monthly payments of principal and accrued interest calculated based on a 5-year term and a final payment of all outstanding amounts due on October 31, 2012. In addition, the Company entered into a guaranty agreement with respect to Jefferson Electric, Inc.’s obligations under the U.S. Facilities.

In October 2012, Jefferson Electric, Inc. revised its financing arrangement and extended the maturity date of the U.S. Facilities to October 31, 2013. The interest rate under the revolving credit facility was reduced to a floating rate subject to a pricing grid, ranging from 2.25% to 3.50% above one month LIBOR, which can result in increases or decreases to the borrowing spread depending on Jefferson Electric, Inc.’s debt service coverage ratio. The term credit facility, which was repaid in full during July 2012, was removed from the U.S. Facilities in its entirety. Borrowings under the U.S. Facilities are collateralized by substantially all the U.S. assets of Jefferson Electric, Inc., and an officer of the subsidiary is a guarantor. The U.S. Facilities, as amended, require Jefferson Electric, Inc. to comply with certain financial covenants, including a requirement to exceed a minimum target for tangible net worth and maintain a minimum debt service coverage ratio. The U.S. Facilities also restrict Jefferson Electric, Inc.’s ability to pay dividends or make distributions, advances or other transfers of assets.

As of December 31, 2012, Jefferson Electric, Inc. had approximately $4.9 million outstanding under the revolving credit facility and was in compliance with its financial covenant requirements.

Nexus Promissory Note

On July 25, 2012, the Company’s indirect wholly owned Mexican subsidiary, Nexus Magneticos de Mexico, S. de R.L. de C.V. (“Nexus”), entered into a term loan agreement with GE CF Mexico, S.A. de C.V. (“GE Capital Mexico”). At closing, GE Capital Mexico advanced to Nexus $1.65 million under the term loan agreement, less a non-refundable commission of 1% and less a pledge of cash representing 10% of the loan amount. Immediately upon receiving the term loan advance, Nexus made an intercompany loan in the same principal amount to Jefferson Electric, Inc., its controlling shareholder. In turn, Jefferson Electric, Inc. used the intercompany loan proceeds to repay a portion of its outstanding secured indebtedness owed to its U.S. bank. The net proceeds were used by Jefferson Electric, Inc. to fully repay the principal and accrued interest that was then outstanding under its term credit facility with its U.S. bank, as well as to reduce the outstanding balance under its revolving credit facility.

The term loan from GE Capital Mexico is payable in 60 consecutive monthly installments and bears interest, payable monthly, at a rate of 6.93% per annum. The term loan may be prepaid by Nexus in increments of at least $100,000, subject to the application of certain prepayment and other fees as established in the term loan agreement. The term loan agreement contains customary representations and warranties, affirmative and negative covenants and events of default, including covenants that restrict Nexus’ ability to create certain liens, incur additional liabilities, make certain types of investments, engage in mergers, consolidations, significant asset sales and affiliate transactions, pay dividends, redeem or repurchase outstanding equity and make capital expenditures.

The obligations of Nexus under the term loan are secured by (i) a pledge of cash in the amount of 10% of the term loan amount, (ii) a trust agreement, pursuant to which Nexus and Jefferson Electric, Inc. transferred title to substantially all of their equipment and machinery assets located in Mexico to a Mexican bank as trustee, to serve as security for all of Nexus’ obligations under the term loan agreement, and (iii) a corporate guaranty by the Company of all of Nexus’ obligations under the term loan agreement.

Capital Lease Obligations

As of December 31, 2012, the Company had equipment loans and capital lease obligations remaining of $3,000 bearing interest at rates varying from 0.0% to 18.8% and are repayable in monthly installments. These obligations are scheduled to be paid in full by December 2013.

Long-term debt consists of the following (in thousands):

	December 31,
	2012		2011
Revolving credit facilities	$	5,141	$	6,199
Term credit facilities		10,615		11,669
Nexus promissory note		1,371		-
Capital lease obligations		3		17
Total debt and capital lease obligations		17,130		17,885
Less current portion		(7,335)		(8,870)
Total long-term debt and capital lease obligations	$	9,795	$	9,015

The annual maturities of long-term debt at December 31, 2012, were as follows (in thousands):

	Long-term
	debt
Years Ending December 31,	maturities
2013	$	7,335
2014		2,020
2015		2,264
2016		5,446
2017		65
Total long-term debt maturities	$	17,130

XML

Goodwill and Other Intangible Assets (Components of Intangible Assets) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Intangible Assets [Line Items]
Intangible assets	$ 6,056	$ 6,056
Accumulated amortization	(823)	(681)
Foreign currency translation	(116)	(46)
Net book value	5,117	5,329	5,585	4,436
Customer Relationships [Member]
Intangible Assets [Line Items]
Intangible assets	2,962	2,962
Accumulated amortization	(745)	(617)
Foreign currency translation	(70)	(28)
Net book value	2,147	2,317
Non-Compete Agreement [Member]
Intangible Assets [Line Items]
Intangible assets	95	95
Accumulated amortization	(78)	(64)
Foreign currency translation	(1)	(1)
Net book value	16	30
Trademarks [Member]
Intangible Assets [Line Items]
Intangible assets	2,049	2,049
Foreign currency translation	(21)	(8)
Net book value	2,028	2,041
Technology-Related Industry Accreditations [Member]
Intangible Assets [Line Items]
Intangible assets	950	950
Foreign currency translation	(24)	(9)
Net book value	$ 926	$ 941

XML

Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Current Assets
Cash and cash equivalents	$ 822	$ 467	$ 1,398
Accounts receivable	9,643	10,579	8,172
Inventories	13,844	14,912	13,711
Income taxes receivable	65	69	517
Deferred income taxes	848	563	753
Prepaid expenses and other current assets	1,555	885	421
Current assets of discontinued operations		47	457
Total current assets	26,777	27,522	25,429
Property, plant and equipment	11,697	10,937	9,983
Noncurrent deferred income taxes	614	700	679
Other assets	782	798	300
Intangible assets	5,117	5,329	5,585
Goodwill	7,886	6,892	6,862
Total assets	52,873	52,178	48,838
Current Liabilities
Bank overdrafts	1,075
Accounts payable and accrued liabilities	10,665	12,044	11,316
Current maturities of long-term debt and capital lease obligations	8,476	7,335	8,870
Income taxes payable	786	1,135	445
Current liabilities of discontinued operations		125	554
Total current liabilities	21,002	20,639	21,185
Long-term debt and capital lease obligations, net of current maturities	8,477	9,795	9,015
Pension deficit	730	837	569
Noncurrent deferred income taxes	2,909	2,992	3,301
Total liabilities	33,118	34,263	34,070
Commitments
Shareholders' Equity
Preferred stock, par value $0.001; 5,000,000 shares authorized; none issued
Common stock, par value $0.001; 30,000,000 shares authorized; 5,907,255 shares issued and outstanding	6	6	6
Additional paid-in capital	8,184	8,065	7,795
Accumulated other comprehensive loss	(1,390)	(936)	(823)
Retained earnings	12,955	10,780	7,790
Total shareholders' equity	19,755	17,915	14,768
Total liabilities and shareholders' equity	$ 52,873	$ 52,178	$ 48,838

XML

Summary of Significant Accounting Policies

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Summary of Significant Accounting Policies

2.Summary of Significant Accounting Policies

The Company’s significant accounting policies were described in Note 2 to the audited consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012. There have been no significant changes in the Company’s accounting policies during the second quarter of 2013.

Recent Accounting Pronouncements

There have been no recent accounting pronouncements not yet adopted by the Company which would have a material impact on our financial statements.

In July 2012, the FASB issued ASU No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. This standard, which amends the guidance on testing indefinite-lived intangible assets, other than goodwill, for impairment, provides companies with the option to first perform a qualitative assessment before performing the two-step quantitative impairment test. If the company determines, on the basis of qualitative factors, that the fair value of the indefinite-lived intangible asset is more likely than not to exceed its carrying amount, then the company would not need to perform the two-step quantitative impairment test. This standard does not revise the requirement to test indefinite-lived intangible assets annually for impairment. This standard became effective for the Company on January 1, 2013.  The adoption of these amendments did not have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB has issued Update No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income”. This Update has been issued to improve the transparency of reporting these reclassifications. The amendments in this Update supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASUs 2011-05 and 2011-12 for all public and private organizations. The amendments would require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual), effective for reporting periods beginning after December 15, 2012.The adoption of these amendments did not have a material impact on the Company’s consolidated financial statements.

In December 2011, the FASB issued Update No. 2011-12, “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05”. The amendments in this Update supersede changes to those paragraphs in Update 2011-05 that pertain to how, when, and where reclassification adjustments are presented.  For public entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2012. For nonpublic entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted.  This pronouncement is not expected to have a material impact on our consolidated financial statements.

In March 2013, the FASB issued Update No. 2013-05, “Foreign Currency Matters (Topic 830)—Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity”. The amendments in this Update resolve the diversity in practice about whether Subtopic 810-10, Consolidation—Overall, or Subtopic 830-30, Foreign Currency Matters—Translation of Financial Statements, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amendments in this Update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. For public entities, the amendments in this ASU are effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2013.  This pronouncement is not expected to have a material impact on our consolidated financial statements.

2.Summary of Significant Accounting Policies

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated on consolidation.

Reclassifications

Certain reclassifications have been made in prior years’ financial statements to conform to the presentation used in the current year. These reclassifications have not resulted in any changes to the previously reported net income for any year.

Use of Estimates

The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The financial statements include estimates based on currently available information and management's judgment as to the outcome of future conditions and circumstances. Significant estimates in these financial statements include allowance for doubtful accounts, inventory provision, useful lives and impairment of long-lived assets, warranty accruals, income tax determination, stock-based compensation, cost of pension benefits and estimates related to purchase price allocation.

Changes in the status of certain facts or circumstances could result in material changes to the estimates used in the preparation of the financial statements and actual results could differ from the estimates and assumptions.

Revenue Recognition

Revenue is recognized when (1) persuasive evidence of an arrangement exists, (2) delivery occurs, (3) the sales price is fixed or determinable, (4) collectability is reasonably assured and (5) customer acceptance criteria, if any, has been successfully demonstrated. Revenue is recognized on the sale of goods, when the significant risks and rewards of ownership have been transferred to the buyer upon delivery, provided that the Company maintains neither managerial involvement to the degree usually associated with ownership, nor effective control over the goods sold. There are no further obligations on the part of the Company subsequent to revenue recognition, except when customers have the right of return or when the Company warrants the product. The Company records a provision for future returns, based on historical experience at the time of shipment of products to customers. The Company warrants some of its products against defects in design, materials and workmanship for periods ranging from one to three years depending on the model. The Company records a provision for estimated future warranty costs based on the historical relationship of warranty claims to sales at the time of shipment of products to customers. The Company periodically reviews the adequacy of its product warranties and adjusts, if necessary, the warranty percentage and accrued warranty reserve for actual experience.

The following table provides detail of change in the Company's product warranty provision, which is a component of accrued liabilities on the consolidated balance sheets for the years ended December 31, 2012 and 2011 (in thousands):

	December 31,
	2012		2011
Balance at beginning of year	$	312	$	291
Increase due to acquisition during year		-		48
Increase due to warranty expense		108		284
Deductions for warranty charges		(215)		(308)
Change due to foreign currency translation		6		(3)
Balance at end of year	$	211	$	312

Financial Instruments

The Company estimates the fair value of its financial instruments based on current interest rates, market value and pricing of financial instruments with comparable terms. Unless otherwise indicated, the carrying value of these financial instruments approximates their fair market value.

Cash and Cash Equivalents

Cash and cash equivalents comprise cash on hand, demand deposits and investments with an original maturity at the date of purchase of three months or less.

Supplemental disclosure of cash flow information (in thousands):

	Year Ended December 31,
	2012		2011
Interest paid	$	936	$	728
Income taxes paid		952		1,328

Accounts Receivable

The Company accounts for trade receivables at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by regularly evaluating individual customer receivables and considering a customer's financial condition, credit history and current economic conditions. The Company writes off trade receivables when they are deemed uncollectible. The Company records recoveries of trade receivables previously written off when it receives them. Management considers the Company’s allowance for doubtful accounts, which was $29,000 and $54,000 as of December 31, 2012 and 2011, respectively, sufficient to cover any exposure to loss in its accounts receivable.

Long-Lived Assets

Depreciation and amortization for property, plant and equipment, and finite life intangible assets, is computed and included in cost of goods sold and in selling and administrative expense, as appropriate. Long-lived assets, consisting primarily of property, plant and equipment, are stated at cost less accumulated depreciation. Depreciation is recorded using the declining balance method for buildings, furniture and fixtures at the Company’s Canadian operations. Non-Canadian property, plant and equipment are depreciated using the straight line method, based on the estimated useful lives of the assets (buildings – 25 years, machinery and equipment - 5 to 15 years, computer hardware and software - 3 to 5 years). Depreciation commences once the assets are ready for their intended use.

Finite life intangible assets consist of non-compete agreements, which have defined terms, and three categories of customer relationships for which estimated useful lives were determined based on actual historical customer attrition rates. These finite life intangible assets are amortized by the Company over periods ranging from three to twenty years.

Long-lived and finite life intangible assets are reviewed for impairment whenever events or circumstances have occurred that indicate the remaining useful life of the asset may warrant revision or that the remaining balance of the asset may not be recoverable. In addition, finite life intangible assets are tested at least once annually through quantitative analysis. Upon indications of impairment, or in the normal course of annual testing, assets and liabilities are grouped at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The measurement of possible impairment is generally estimated by the ability to recover the balance of an asset group from its expected future operating cash flows on an undiscounted basis. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value thereof. Determining asset groups and underlying cash flows requires the use of significant judgment.

Goodwill and Indefinite Life Intangible Assets

Goodwill is tested for impairment at the reporting unit level, which is equivalent to the Company’s subsidiary-level financial statements, and based on the net assets for each subsidiary, including goodwill and intangible assets. Goodwill is assigned to each operating subsidiary, as this represents the lowest level that constitutes a business for which discrete financial information is available, and is the level at which management regularly reviews operating results.

Goodwill and indefinite life intangible assets are evaluated for impairment annually, or immediately if events or other conditions indicate there may be a possible permanent loss of value, using either a quantitative or a qualitative analysis. The Company performs a quantitative analysis using a discounted cash flow model and other valuation techniques, but may elect to perform a qualitative analysis. A quantitative analysis is used to determine an estimated fair value representing the amount at which a reporting unit could be bought or sold in a current transaction between willing parties on an arms-length basis. The estimated fair value of each reporting unit is derived using a discounted cash flow method based on market and reporting unit-specific assumptions, including estimated future revenues and expenses, weighted average cost of capital, capital expenditures, the useful life over which cash flows will occur and other assumptions which are considered reasonable and inherent in discounted cash flow analysis. A qualitative analysis is performed by assessing certain trends and factors, including projected market outlook and growth rates, forecasted and actual sales and operating profit margins, discount rates, industry data and other relevant qualitative factors. These trends and factors are compared to, and based on, the assumptions used in the most recent quantitative assessment.

Goodwill impairment testing for 2012 and 2011 was performed by using quantitative analysis, as described above, for each of the Company’s reporting units having a carrying amount of goodwill. As a result of the quantitative analysis performed, the Company determined that no impairments were warranted for 2012, and 2011.

Indefinite life intangible assets primarily consist primarily of trademarks. The fair value of these assets are determined using a royalty relief methodology similar to that employed when the associated assets were acquired, but using updated estimates of future sales, cash flows and profitability. For 2012 and 2011, the fair value of indefinite life intangible assets exceeded their respective carrying values.

Foreign Currency Translation

The functional currency for the Companies foreign subsidiaries is the local currency in which the entity is located. The financial statements of all subsidiaries with a functional currency other than the U.S. Dollar have been translated into U.S. Dollars. All assets and liabilities of foreign operations are translated into U.S. Dollars using year-end exchange rates, and all revenues and expenses are translated at average rates during the respective period. The U.S. Dollar results that arise from such translation, as well as exchange gains and losses on intercompany balances of a long-term investment nature, are included in the cumulative currency translation adjustments in accumulated other comprehensive income in stockholders’ equity.

Income Taxes

The Company accounts for income taxes under the asset and liability method, based on the income tax laws and rates in the countries in which operations are conducted and income is earned. This approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities. Developing the provision for income taxes requires significant judgment and expertise in federal, international and state income tax laws, regulations and strategies, including the determination of deferred tax assets and liabilities and, if necessary, any valuation allowances that may be required for deferred tax assets. The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. The Company believes that the deferred tax asset recorded as of December 31, 2012, is realizable through future reversals of existing taxable temporary differences and future taxable income. If the Company was to subsequently determine that it would be able to realize deferred tax assets in the future in excess of its net recorded amount, an adjustment to deferred tax assets would increase earnings for the period in which such determination was made. The Company will continue to assess the adequacy of the valuation allowance on a quarterly basis. The Company’s judgments and tax strategies are subject to audit by various taxing authorities.

The objective of accounting for income taxes is to recognize the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences or events that have been recognized in the Company’s financial statements or tax returns. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position (see “Unrecognized Tax Benefits" below).

Interest and penalties are grouped with interest expense on the consolidated statement of earnings.

Unrecognized Tax Benefits

The Company accounts for unrecognized tax benefits in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) "Income Taxes" ("ASC 740"). ASC 740 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on de-recognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. ASC 740 contains a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained upon ultimate settlement with a taxing authority, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement.

Additionally, ASC 740 requires the Company to accrue interest and related penalties, if applicable, on all tax positions for which reserves have been established consistent with jurisdictional tax laws.

Sales Tax

The Company discloses the amount of those taxes that are recognized on a gross basis in interim and annual financial statements for each period for which an income statement is presented if those amounts are significant. While the amounts are not material, the Company's policy is to present such taxes on a net basis in the consolidated statements of earnings.

Share-Based Payments

The Company accounts for share based payments in accordance with the provisions of FASB ASC 718 "Compensation - Stock Compensation" and accordingly recognizes in its financial statements share based payments at their fair value. In addition, it recognizes in the financial statements an expense based on the grant date fair value of stock options granted to employees and directors. The expense is recognized on a straight line basis over the expected option life while taking into account the vesting period and the offsetting credit is recorded in additional paid-in capital. Upon exercise of options, the consideration paid together with the amount previously recorded as additional paid-in capital is recognized as capital stock. The Company estimates its forfeiture rate in order to determine its compensation expense arising from stock based awards. The Company uses the Black-Scholes Merton option pricing model to determine the fair value of the options. Non-employee members of the Board of Directors are deemed to be employees for the purposes of recognizing share-based compensation expense.

Employee Benefit Plan

The Company sponsors a defined benefit plan as described in Note 15. The cost of pension benefits earned by employees is actuarially determined using the accumulated benefit method and a discount rate, used to measure interest cost on the accrued employee future benefit obligation, based on market interest rates on high-quality debt instruments with maturities that match the timing and benefits expected to be paid by the plan. Plan assets are valued using current market values and the expected return on plan assets is based on the fair value of the plan assets.

The costs that relate to employee current service are charged to income annually.

The transitional obligation created upon adoption of the FASB ASC 715 "Compensation - Retirement Benefits" is amortized over the average remaining service period of employees. For a given year, unrecognized actuarial gains or losses are recognized into income if the unamortized balance at the beginning of the year is more than 10% of the greater of the plan asset or liability balance. Any unrecognized actuarial gain or loss in excess of this threshold is recognized in income over the remaining service period of the employees.

The Company reflects the funded status of its defined pension plans as a net asset or net liability in its balance sheet, with an offsetting amount in accumulated other comprehensive income, and recognizes changes in that funded status in the year in which the changes occur through comprehensive income.

Inventories

Inventories are stated at the lower of cost or market using first-in, first-out (FIFO) or weighted-average methods and include the cost of materials, labor and manufacturing overhead. The Company uses estimates in determining the level of reserves required to state inventory at the lower of cost or market. The Company estimates are based on market activity levels, production requirements, the physical condition of products and technological innovation. Changes in any of these factors may result in adjustments to the carrying value of inventory.

Earnings Per Share

Basic earnings per share is computed by dividing the earnings for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing the earnings for the period by the weighted average number of common and common equivalent shares outstanding during the period. Potentially dilutive securities composed of incremental common shares issuable upon the exercise of stock options or warrants was included in diluted earnings per share since the exercise price of some of the Company’s stock options and/or warrants were in the money (see Note 18 “Basic and Diluted Earnings Per Share”).

Fair Value Measurements

FASB ASC 820 “Fair Value Measurement and Disclosure” applies to all assets and liabilities that are being measured and reported on a fair value basis. ASC 820 establishes a framework for measuring fair value in U.S GAAP, and expands disclosure about fair value measurements. ASC 820 enables the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. ASC 820 requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs that are not corroborated by market data.

In determining the appropriate levels, the Company performs a detailed analysis of the assets and liabilities that are subject to ASC 820. At each reporting period, all assets and liabilities for which the fair value measurement is based on significant unobservable inputs are classified as Level 3.

The fair value represents management’s best estimates based on a range of methodologies and assumptions. The carrying value of receivables and payables arising in the ordinary course of business approximate fair value because of the relatively short period of time between their origination and expected realization. These items have been classified as Level 1.

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Major Customers

12 Months Ended

Dec. 31, 2012

Major Customers [Abstract]

Major Customers

16. Major Customers

Sales to two customers accounted for approximately 19% and 12% of the Company’s sales in 2012 (21% and 11% in 2011).

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Income Taxes (Schedule of Income Tax Provision) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Current
Federal						$ 104
State					15	12
Foreign					2,131	807
Deferred					(413)	(150)
Total income tax provision	$ 544	$ 358	$ 852	$ 697	$ 1,733	$ 773

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Debt (United States Credit Facilities) (Details) (USD $)							0 Months Ended	1 Months Ended			12 Months Ended				0 Months Ended	1 Months Ended					0 Months Ended					6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012 Capital Lease Obligations [Member]	Dec. 31, 2012 Minimum [Member] Capital Lease Obligations [Member]	Dec. 31, 2012 Maximum [Member] Capital Lease Obligations [Member]	Jun. 28, 2013 United States Credit Facilities [Member]	Jan. 31, 2012 United States Credit Facilities [Member]	Nov. 30, 2011 United States Credit Facilities [Member]	Jan. 31, 2008 United States Credit Facilities [Member]	Dec. 31, 2012 United States Credit Facilities [Member]	Jun. 30, 2013 United States Credit Facilities [Member]	Oct. 31, 2012 United States Credit Facilities [Member] Minimum [Member]	Oct. 31, 2012 United States Credit Facilities [Member] Maximum [Member]	Jun. 28, 2013 Term Credit Facility [Member]	Jan. 31, 2008 Term Credit Facility [Member]	Jan. 31, 2012 Term Credit Facility [Member]	Nov. 30, 2011 Term Credit Facility [Member]	Oct. 31, 2012 Term Credit Facility [Member] Minimum [Member]	Oct. 31, 2012 Term Credit Facility [Member] Maximum [Member]	Jun. 28, 2013 Term Credit Facility [Member] June 30, 2013 to December 31, 2013 [Member]	Jun. 28, 2013 Term Credit Facility [Member] January 1, 2014 to March 31, 2014 [Member]	Jun. 28, 2013 Term Credit Facility [Member] April 1, 2014 to June 30, 2014 [Member]	Jun. 28, 2013 Term Credit Facility [Member] July 1, 2014 to September 30, 2014 [Member]	Jun. 28, 2013 Term Credit Facility [Member] October 1, 2014 to December 31, 2014 [Member]	Jun. 30, 2013 GE CF Mexico Term Loan Agreement [Member]	Dec. 31, 2012 GE CF Mexico Term Loan Agreement [Member]	Jul. 25, 2012 GE CF Mexico Term Loan Agreement [Member]	Jun. 28, 2013 London Interbank Offered Rate L I B O R [Member] United States Credit Facilities [Member]	Jun. 28, 2013 London Interbank Offered Rate L I B O R [Member] Term Credit Facility [Member]	Jun. 28, 2013 Prime Rate [Member] United States Credit Facilities [Member]	Jun. 28, 2013 Prime Rate [Member] Term Credit Facility [Member]
Line of Credit Facility [Line Items]
Term credit interest rate (in percent)									6.00%	6.50%						7.27%
Expiration date									Oct. 31, 2012
Maximum credit facilities amount borrowed									$ 6,000,000		$ 1,650,000							$ 6,000,000										$ 1,650,000
Debt to capitalization (in percent)															50
Additional term loan repayment								750,000	250,000
Interest rate spread									2.00%				2.25%	3.50%			6.00%	2.00%	2.25%	3.50%									2.25%	2.50%	1.00%	1.25%
Debt instrument amortization period									5 years
Credit facilities amount outstanding							10,000,000				4,900,000	5,500,000			6,000,000
Minimum Fixed Coverage Ratio																					1.25	1.35
Total long-term debt and capital lease obligations	8,477,000	9,795,000	9,015,000	3,000
EBITDA benchmark ratio																					5.25	5.00	4.50	4.00	3.75
Percentage of ownership in subsidiary per agreement as collateral															65.00%
Percentage of term Loan non refundable commission											1.00%															1.00%
Standby fee percentage							0.625%
Term loan pledge of cash (in percent)											10.00%															10.00%
Rate of interest of debt instrument (in percent)					0.00%	18.80%					6.93%	6.93%
Term loan frequency of periodic payment																										60	60
Term Loan Increments											$ 100,000															$ 100,000

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Other Assets

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Other Assets [Abstract]

Other Assets

6.Other Assets

In December 2011 and January 2012, the Company’s Pioneer Transformers Ltd. subsidiary funded two promissory notes, each in the amount of $300,000, from a developer of a renewable energy project in the U.S. The promissory notes accrue interest at a rate of 4.5% per annum with a final payment of all unpaid principal and interest becoming fully due and payable upon the earlier to occur of (i) the four year anniversary of the issuance date of the promissory notes, or (ii) an event of default. As defined in the promissory notes, an event of default includes, but is not limited to, the following: any bankruptcy, reorganization or similar proceeding involving the borrower, a sale or transfer of substantially all the assets of the borrower, a default by the borrower relating to any indebtedness due to third parties, the incurrence of additional indebtedness by the borrower without the Company’s written consent and failure of the borrower to perform its obligations pursuant to its other agreements with the Company, including its purchase order for pad mount transformers.

Also included in Other Assets are deferred financing costs of $0.2 million for the periods ended June 30, 2013 and December 31, 2012, respectively.

10. Other Assets

In December 2011 and January 2012, the Company’s Pioneer Transformers Ltd. subsidiary funded two promissory notes, each in the amount of $0.3 million, due from a developer of a renewable energy project in the U.S. The promissory notes accrue interest at a rate of 4.5% per annum with a final payment of all unpaid principal and interest becoming fully due and payable upon the earlier to occur of (i) the four year anniversary of the issuance date of the promissory notes, or (ii) an event of default. As defined in the promissory notes, an event of default includes, but is not limited to, the following: any bankruptcy, reorganization or similar proceeding involving the borrower, a sale or transfer of substantially all the assets of the borrower, a default by the borrower relating to any indebtedness due to third parties, the incurrence of additional indebtedness by the borrower without the Company’s written consent and failure of the borrower to perform its obligations pursuant to its other agreements with the Company, including its purchase order for pad mount transformers.

Also included in Other Assets are deferred financing costs of $0.2 million at December 31, 2012.

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Discontinued Operations (Schedule of Discontinued Operations) (Details) (USD $)	3 Months Ended	6 Months Ended	12 Months Ended
	Jun. 30, 2012	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Loss) from discontinued operations, net of tax	$ (78,000)	$ (161,000)	$ (199,000)	$ (2,531,000)
Pioneer Wind Energy Systems Inc. [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales			230,000
(Loss) from operations of discontinued business			(199,000)	(2,531,000)
Income tax expense
(Loss) from discontinued operations, net of tax			(199,000)	(2,531,000)
Non-cash asset impairment charges				$ 1,600,000

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Pension Plan (Reconciliation of Plan Assets) (Details) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 74,000	$ 48,000
Employee contributions			39,000	35,000
Benefits paid			(188,000)	(192,000)
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets, at beginning of year		2,342,000	2,342,000	2,424,000
Actual return on plan assets			131,000	(44,000)
Employer contributions			169,000	173,000
Employee contributions			39,000	34,000
Benefits paid			(188,000)	(192,000)
Foreign exchange adjustment			53,000	(53,000)
Fair value of plan assets, at end of year			$ 2,546,000	$ 2,342,000

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Debt (Schedule of Long-term Debt) (Details) (USD $)	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Debt Instrument [Line Items]
Total debt and capital lease obligations	$ 16,953,000	$ 17,130,000	$ 17,885,000
Less current portion	(8,476,000)	(7,335,000)	(8,870,000)
Total long-term debt and capital lease obligations	8,477,000	9,795,000	9,015,000
Revolving Credit Facilities [Member]
Debt Instrument [Line Items]
Total debt and capital lease obligations	6,432,000	5,141,000	6,199,000
Term Credit Facilities [Member]
Debt Instrument [Line Items]
Total debt and capital lease obligations	9,293,000	10,615,000	11,669,000
Nexus Promissory Note [Member]
Debt Instrument [Line Items]
Total debt and capital lease obligations	1,226,000	1,371,000
Capital Lease Obligations [Member]
Debt Instrument [Line Items]
Total debt and capital lease obligations	2,000	3,000	17,000
Total long-term debt and capital lease obligations		$ 3,000

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Pension Plan (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Pension Plan [Abstract]

Schedule Pension Plan Expenses

The components of the expense the Company incurred under the pension plan are as follows (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2013	2012	2013	2012
Current service cost, net of employee contributions	$                13	$                10	$                31	$                21
Interest cost on accrued benefit obligation	32	36	63	71
Expected return on plan assets	(42)	(40)	(83)	(78)
Amortization of transitional obligation	3	3	7	7
Amortization of past service costs	2	2	4	4
Amortization of net actuarial gain	14	12	29	24
Total cost of benefit	$                22	$                23	$                51	$                49

The components of the expense the Company incurred under the pension plan are as follows (in thousands):

	Year Ended December 31,
	2012			2011
Current service cost, net of employee contributions	$	32		$	25
Interest cost on accrued benefit obligation		140			149
Expected return on plan assets		(156	)		(159	)
Amortization of transitional obligation		14			14
Amortization of past service costs		9			9
Amortization of net actuarial gain		46			33
Total cost of benefit	$	85		$	71

Reconciliation of Projected Benefit Obligation

The Company's obligations pursuant to the pension plan are as follows (in thousands):

	December 31,
	2012			2011
Projected benefit obligation, at beginning of year	$	2,911		$	2,732
Current service cost, net of employee contributions		32			25
Employee contributions		39			35
Interest cost		140			149
Actuarial loss		(49	)		-
Impact of change in discount rate		395			229
Impact in change of assumptions		36			-
Benefits paid		(188	)		(192	)
Foreign exchange adjustment		67			(67	)
Projected benefit obligation, at end of year	$	3,383		$	2,911

Schedule of Expected Benefit Payments

A summary of expected benefit payments related to the pension plan is as follows (in thousands):

Year ending December 31,	Pension Plan
2013	$	201
2014		206
2015		230
2016		234
2017		240
2018 - 2022	$	1,214

Schedule of Other Changes in Plan Assets and Benefit Obligations

Other changes in plan assets and benefit obligations recognized in other comprehensive income are as follows (in thousands):

	Year Ended December 31,
	2012			2011
Net loss	$	407		$	432
Amortization of prior service cost		(9	)		(8	)
Amortization of gain		(47	)		(32	)
Amortization of transitional asset		(13	)		(13	)
		338			379
Taxes		(92	)		(102	)
Total recognized in other comprehensive income, net of taxes	$	246		$	277

Schedule of Amounts Included in Accumulated Other Comprehensive Loss

The accumulated other comprehensive loss consists of the following amounts that have not yet been recognized as components of net benefit cost (in thousands):

	December 31,
	2012			2011
Unrecognized prior service cost	$	120		$	129
Unrecognized net actuarial loss		84			97
Unrecognized transitional obligation		1,542			1,182
Deferred income taxes		(507	)		(415	)
	$	1,239		$	993

Schedule of Asset Allocations

The asset allocation for the pension plan at the end of fiscal years 2012 and 2011 and the target allocation for fiscal year 2013, by asset category, is as follows:

	Allocation at December 31,						2013 Target
	2012			2011			Allocation
Equity securities		57	%		58	%		57	%
Fixed income securities		30			34			30
Real estate		9			6			9
Other		4			2			4
Total		100	%		100	%		100	%

Schedule of Fair Value of Plan Assets

The fair market values, by asset category are as follows (in thousands):

	December 31,
	2012		2011
Equity securities	$	1,451	$	1,359
Fixed income securities		764		795
Real estate		229		141
Other		102		47
Total	$	2,546	$	2,342

Reconciliation of Plan Assets

The Company has classified the assets as level 1. Changes in the assets held by the pension plan in the years 2012 and 2011 are as follows (in thousands):

	December 31,
	2012			2011
Fair value of plan assets, at beginning of year	$	2,342		$	2,424
Actual return on plan assets		131			(44	)
Employer contributions		169			173
Employee contributions		39			34
Benefits paid		(188	)		(192	)
Foreign exchange adjustment		53			(53	)
Fair value of plan assets, at end of year	$	2,546		$	2,342

Schedule of Funded Status

The funded status of the pension plan is as follows (in thousands):

	December 31,
	2012		2011
Projected benefit obligation	$	3,383	$	2,911
Fair value of plan assets		2,546		2,342
Accrued obligation (long term)	$	837	$	569

Schedule of Assumptions

Assumptions used in accounting for the pension plan are as follows:

	December 31,
	2012			2011
Weighted average discount rate used to determine the accrued benefit obligations		3.80	%		4.80	%
Discount rate used to determine the net pension expense		4.80	%		5.50	%
Expected long-term rate of return on plan assets		6.50	%		6.50	%

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Summary of Significant Accounting Policies (Policies)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Principles of Consolidation

Principles of Consolidation

The consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated on consolidation.

Reclassifications

Reclassifications

Certain reclassifications have been made in prior years’ financial statements to conform to the presentation used in the current year. These reclassifications have not resulted in any changes to the previously reported net income for any year.

Use of Estimates

Use of Estimates

The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The financial statements include estimates based on currently available information and management's judgment as to the outcome of future conditions and circumstances. Significant estimates in these financial statements include allowance for doubtful accounts, inventory provision, useful lives and impairment of long-lived assets, warranty accruals, income tax determination, stock-based compensation, cost of pension benefits and estimates related to purchase price allocation.

Changes in the status of certain facts or circumstances could result in material changes to the estimates used in the preparation of the financial statements and actual results could differ from the estimates and assumptions.

Revenue Recognition

Revenue Recognition

Revenue is recognized when (1) persuasive evidence of an arrangement exists, (2) delivery occurs, (3) the sales price is fixed or determinable, (4) collectability is reasonably assured and (5) customer acceptance criteria, if any, has been successfully demonstrated. Revenue is recognized on the sale of goods, when the significant risks and rewards of ownership have been transferred to the buyer upon delivery, provided that the Company maintains neither managerial involvement to the degree usually associated with ownership, nor effective control over the goods sold. There are no further obligations on the part of the Company subsequent to revenue recognition, except when customers have the right of return or when the Company warrants the product. The Company records a provision for future returns, based on historical experience at the time of shipment of products to customers. The Company warrants some of its products against defects in design, materials and workmanship for periods ranging from one to three years depending on the model. The Company records a provision for estimated future warranty costs based on the historical relationship of warranty claims to sales at the time of shipment of products to customers. The Company periodically reviews the adequacy of its product warranties and adjusts, if necessary, the warranty percentage and accrued warranty reserve for actual experience.

The following table provides detail of change in the Company's product warranty provision, which is a component of accrued liabilities on the consolidated balance sheets for the years ended December 31, 2012 and 2011 (in thousands):

	December 31,
	2012		2011
Balance at beginning of year	$	312	$	291
Increase due to acquisition during year		-		48
Increase due to warranty expense		108		284
Deductions for warranty charges		(215)		(308)
Change due to foreign currency translation		6		(3)
Balance at end of year	$	211	$	312

Financial Instruments

Financial Instruments

The Company estimates the fair value of its financial instruments based on current interest rates, market value and pricing of financial instruments with comparable terms. Unless otherwise indicated, the carrying value of these financial instruments approximates their fair market value.

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents comprise cash on hand, demand deposits and investments with an original maturity at the date of purchase of three months or less.

Supplemental disclosure of cash flow information (in thousands):

	Year Ended December 31,
	2012		2011
Interest paid	$	936	$	728
Income taxes paid		952		1,328

Accounts Receivable

Accounts Receivable

The Company accounts for trade receivables at original invoice amount less an estimate made for doubtful receivables based on a review of all outstanding amounts on a monthly basis. Management determines the allowance for doubtful accounts by regularly evaluating individual customer receivables and considering a customer's financial condition, credit history and current economic conditions. The Company writes off trade receivables when they are deemed uncollectible. The Company records recoveries of trade receivables previously written off when it receives them. Management considers the Company’s allowance for doubtful accounts, which was $29,000 and $54,000 as of December 31, 2012 and 2011, respectively, sufficient to cover any exposure to loss in its accounts receivable.

Long-Lived Assets

Long-Lived Assets

Depreciation and amortization for property, plant and equipment, and finite life intangible assets, is computed and included in cost of goods sold and in selling and administrative expense, as appropriate. Long-lived assets, consisting primarily of property, plant and equipment, are stated at cost less accumulated depreciation. Depreciation is recorded using the declining balance method for buildings, furniture and fixtures at the Company’s Canadian operations. Non-Canadian property, plant and equipment are depreciated using the straight line method, based on the estimated useful lives of the assets (buildings – 25 years, machinery and equipment - 5 to 15 years, computer hardware and software - 3 to 5 years). Depreciation commences once the assets are ready for their intended use.

Finite life intangible assets consist of non-compete agreements, which have defined terms, and three categories of customer relationships for which estimated useful lives were determined based on actual historical customer attrition rates. These finite life intangible assets are amortized by the Company over periods ranging from three to twenty years.

Long-lived and finite life intangible assets are reviewed for impairment whenever events or circumstances have occurred that indicate the remaining useful life of the asset may warrant revision or that the remaining balance of the asset may not be recoverable. In addition, finite life intangible assets are tested at least once annually through quantitative analysis. Upon indications of impairment, or in the normal course of annual testing, assets and liabilities are grouped at the lowest level for which identifiable cash flows are largely independent of the cash flows of other assets and liabilities. The measurement of possible impairment is generally estimated by the ability to recover the balance of an asset group from its expected future operating cash flows on an undiscounted basis. If such assets are considered to be impaired, the impairment to be recognized is measured by the amount by which the carrying amount of the asset exceeds the fair value thereof. Determining asset groups and underlying cash flows requires the use of significant judgment.

Goodwill and Indefinite Life Intangible Assets

Goodwill and Indefinite Life Intangible Assets

Goodwill is tested for impairment at the reporting unit level, which is equivalent to the Company’s subsidiary-level financial statements, and based on the net assets for each subsidiary, including goodwill and intangible assets. Goodwill is assigned to each operating subsidiary, as this represents the lowest level that constitutes a business for which discrete financial information is available, and is the level at which management regularly reviews operating results.

Goodwill and indefinite life intangible assets are evaluated for impairment annually, or immediately if events or other conditions indicate there may be a possible permanent loss of value, using either a quantitative or a qualitative analysis. The Company performs a quantitative analysis using a discounted cash flow model and other valuation techniques, but may elect to perform a qualitative analysis. A quantitative analysis is used to determine an estimated fair value representing the amount at which a reporting unit could be bought or sold in a current transaction between willing parties on an arms-length basis. The estimated fair value of each reporting unit is derived using a discounted cash flow method based on market and reporting unit-specific assumptions, including estimated future revenues and expenses, weighted average cost of capital, capital expenditures, the useful life over which cash flows will occur and other assumptions which are considered reasonable and inherent in discounted cash flow analysis. A qualitative analysis is performed by assessing certain trends and factors, including projected market outlook and growth rates, forecasted and actual sales and operating profit margins, discount rates, industry data and other relevant qualitative factors. These trends and factors are compared to, and based on, the assumptions used in the most recent quantitative assessment.

Goodwill impairment testing for 2012 and 2011 was performed by using quantitative analysis, as described above, for each of the Company’s reporting units having a carrying amount of goodwill. As a result of the quantitative analysis performed, the Company determined that no impairments were warranted for 2012, and 2011.

Indefinite life intangible assets primarily consist primarily of trademarks. The fair value of these assets are determined using a royalty relief methodology similar to that employed when the associated assets were acquired, but using updated estimates of future sales, cash flows and profitability. For 2012 and 2011, the fair value of indefinite life intangible assets exceeded their respective carrying values.

Foreign Currency Translation

Foreign Currency Translation

The functional currency for the Companies foreign subsidiaries is the local currency in which the entity is located. The financial statements of all subsidiaries with a functional currency other than the U.S. Dollar have been translated into U.S. Dollars. All assets and liabilities of foreign operations are translated into U.S. Dollars using year-end exchange rates, and all revenues and expenses are translated at average rates during the respective period. The U.S. Dollar results that arise from such translation, as well as exchange gains and losses on intercompany balances of a long-term investment nature, are included in the cumulative currency translation adjustments in accumulated other comprehensive income in stockholders’ equity.

Income Taxes

Income Taxes

The Company accounts for income taxes under the asset and liability method, based on the income tax laws and rates in the countries in which operations are conducted and income is earned. This approach requires the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the carrying amounts and the tax basis of assets and liabilities. Developing the provision for income taxes requires significant judgment and expertise in federal, international and state income tax laws, regulations and strategies, including the determination of deferred tax assets and liabilities and, if necessary, any valuation allowances that may be required for deferred tax assets. The Company records a valuation allowance to reduce its deferred tax assets to the amount that is more likely than not to be realized. The Company believes that the deferred tax asset recorded as of December 31, 2012, is realizable through future reversals of existing taxable temporary differences and future taxable income. If the Company was to subsequently determine that it would be able to realize deferred tax assets in the future in excess of its net recorded amount, an adjustment to deferred tax assets would increase earnings for the period in which such determination was made. The Company will continue to assess the adequacy of the valuation allowance on a quarterly basis. The Company’s judgments and tax strategies are subject to audit by various taxing authorities.

The objective of accounting for income taxes is to recognize the amount of taxes payable or refundable for the current year and deferred tax liabilities and assets for the future tax consequences or events that have been recognized in the Company’s financial statements or tax returns. The Company recognizes the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by the taxing authorities, based on the technical merits of the position (see “Unrecognized Tax Benefits" below).

Interest and penalties are grouped with interest expense on the consolidated statement of earnings.

Unrecognized Tax Benefits

Unrecognized Tax Benefits

The Company accounts for unrecognized tax benefits in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) "Income Taxes" ("ASC 740"). ASC 740 prescribes a recognition threshold that a tax position is required to meet before being recognized in the financial statements and provides guidance on de-recognition, measurement, classification, interest and penalties, accounting in interim periods, disclosure and transition issues. ASC 740 contains a two-step approach to recognizing and measuring uncertain tax positions. The first step is to evaluate the tax position for recognition by determining if the weight of available evidence indicates that it is more likely than not that the position will be sustained upon ultimate settlement with a taxing authority, including resolution of related appeals or litigation processes, if any. The second step is to measure the tax benefit as the largest amount that is more than 50% likely of being realized upon ultimate settlement.

Additionally, ASC 740 requires the Company to accrue interest and related penalties, if applicable, on all tax positions for which reserves have been established consistent with jurisdictional tax laws.

Sales Tax

Sales Tax

The Company discloses the amount of those taxes that are recognized on a gross basis in interim and annual financial statements for each period for which an income statement is presented if those amounts are significant. While the amounts are not material, the Company's policy is to present such taxes on a net basis in the consolidated statements of earnings.

Share-Based Payments

Share-Based Payments

The Company accounts for share based payments in accordance with the provisions of FASB ASC 718 "Compensation - Stock Compensation" and accordingly recognizes in its financial statements share based payments at their fair value. In addition, it recognizes in the financial statements an expense based on the grant date fair value of stock options granted to employees and directors. The expense is recognized on a straight line basis over the expected option life while taking into account the vesting period and the offsetting credit is recorded in additional paid-in capital. Upon exercise of options, the consideration paid together with the amount previously recorded as additional paid-in capital is recognized as capital stock. The Company estimates its forfeiture rate in order to determine its compensation expense arising from stock based awards. The Company uses the Black-Scholes Merton option pricing model to determine the fair value of the options. Non-employee members of the Board of Directors are deemed to be employees for the purposes of recognizing share-based compensation expense.

Employee Benefit Plan

Employee Benefit Plan

The Company sponsors a defined benefit plan as described in Note 15. The cost of pension benefits earned by employees is actuarially determined using the accumulated benefit method and a discount rate, used to measure interest cost on the accrued employee future benefit obligation, based on market interest rates on high-quality debt instruments with maturities that match the timing and benefits expected to be paid by the plan. Plan assets are valued using current market values and the expected return on plan assets is based on the fair value of the plan assets.

The costs that relate to employee current service are charged to income annually.

The transitional obligation created upon adoption of the FASB ASC 715 "Compensation - Retirement Benefits" is amortized over the average remaining service period of employees. For a given year, unrecognized actuarial gains or losses are recognized into income if the unamortized balance at the beginning of the year is more than 10% of the greater of the plan asset or liability balance. Any unrecognized actuarial gain or loss in excess of this threshold is recognized in income over the remaining service period of the employees.

The Company reflects the funded status of its defined pension plans as a net asset or net liability in its balance sheet, with an offsetting amount in accumulated other comprehensive income, and recognizes changes in that funded status in the year in which the changes occur through comprehensive income.

Inventories

Inventories

Inventories are stated at the lower of cost or market using first-in, first-out (FIFO) or weighted-average methods and include the cost of materials, labor and manufacturing overhead. The Company uses estimates in determining the level of reserves required to state inventory at the lower of cost or market. The Company estimates are based on market activity levels, production requirements, the physical condition of products and technological innovation. Changes in any of these factors may result in adjustments to the carrying value of inventory.

Earnings Per Share

Earnings Per Share

Basic earnings per share is computed by dividing the earnings for the period by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed by dividing the earnings for the period by the weighted average number of common and common equivalent shares outstanding during the period. Potentially dilutive securities composed of incremental common shares issuable upon the exercise of stock options or warrants was included in diluted earnings per share since the exercise price of some of the Company’s stock options and/or warrants were in the money (see Note 18 “Basic and Diluted Earnings Per Share”).

Fair Value Measurements

Fair Value Measurements

FASB ASC 820 “Fair Value Measurement and Disclosure” applies to all assets and liabilities that are being measured and reported on a fair value basis. ASC 820 establishes a framework for measuring fair value in U.S GAAP, and expands disclosure about fair value measurements. ASC 820 enables the reader of the financial statements to assess the inputs used to develop those measurements by establishing a hierarchy for ranking the quality and reliability of the information used to determine fair values. ASC 820 requires that assets and liabilities carried at fair value be classified and disclosed in one of the following three categories:

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs that are not corroborated by market data.

In determining the appropriate levels, the Company performs a detailed analysis of the assets and liabilities that are subject to ASC 820. At each reporting period, all assets and liabilities for which the fair value measurement is based on significant unobservable inputs are classified as Level 3.

The fair value represents management’s best estimates based on a range of methodologies and assumptions. The carrying value of receivables and payables arising in the ordinary course of business approximate fair value because of the relatively short period of time between their origination and expected realization. These items have been classified as Level 1.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

There have been no recent accounting pronouncements not yet adopted by the Company which would have a material impact on our financial statements.

In July 2012, the FASB issued ASU No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment. This standard, which amends the guidance on testing indefinite-lived intangible assets, other than goodwill, for impairment, provides companies with the option to first perform a qualitative assessment before performing the two-step quantitative impairment test. If the company determines, on the basis of qualitative factors, that the fair value of the indefinite-lived intangible asset is more likely than not to exceed its carrying amount, then the company would not need to perform the two-step quantitative impairment test. This standard does not revise the requirement to test indefinite-lived intangible assets annually for impairment. This standard became effective for the Company on January 1, 2013.  The adoption of these amendments did not have a material impact on the Company’s consolidated financial statements.

In February 2013, the FASB has issued Update No. 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income”. This Update has been issued to improve the transparency of reporting these reclassifications. The amendments in this Update supersede and replace the presentation requirements for reclassifications out of accumulated other comprehensive income in ASUs 2011-05 and 2011-12 for all public and private organizations. The amendments would require an entity to provide additional information about reclassifications out of accumulated other comprehensive income. Public companies are required to comply with these amendments for all reporting periods (interim and annual), effective for reporting periods beginning after December 15, 2012.The adoption of these amendments did not have a material impact on the Company’s consolidated financial statements.

In December 2011, the FASB issued Update No. 2011-12, “Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items Out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05”. The amendments in this Update supersede changes to those paragraphs in Update 2011-05 that pertain to how, when, and where reclassification adjustments are presented.  For public entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2012. For nonpublic entities, the amendments are effective prospectively for reporting periods beginning after December 15, 2013. Early adoption is permitted.  This pronouncement is not expected to have a material impact on our consolidated financial statements.

In March 2013, the FASB issued Update No. 2013-05, “Foreign Currency Matters (Topic 830)—Parent’s Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity”. The amendments in this Update resolve the diversity in practice about whether Subtopic 810-10, Consolidation—Overall, or Subtopic 830-30, Foreign Currency Matters—Translation of Financial Statements, applies to the release of the cumulative translation adjustment into net income when a parent either sells a part or all of its investment in a foreign entity or no longer holds a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business (other than a sale of in substance real estate or conveyance of oil and gas mineral rights) within a foreign entity. In addition, the amendments in this Update resolve the diversity in practice for the treatment of business combinations achieved in stages (sometimes also referred to as step acquisitions) involving a foreign entity. For public entities, the amendments in this ASU are effective prospectively for fiscal years, and interim reporting periods within those years, beginning after December 15, 2013.  This pronouncement is not expected to have a material impact on our consolidated financial statements.

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Basic and Diluted Earnings Per Common Share

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Basic and Diluted Earnings Per Common Share [Abstract]

Basic and Diluted Earnings Per Common Share

12.Basic and Diluted Earnings Per Share

Basic and diluted earnings per common share are calculated based on the weighted average number of shares outstanding during the period. The Company’s employee and director stock option awards, as well as incremental shares issuable upon exercise of warrants, are not considered in the calculations if the effect would be anti-dilutive. The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012
Numerator:
Earnings from continuing operations	$     1,262	$        879	$     2,175	$     1,719
Denominator:
Weighted average basic shares outstanding	5,907	5,907	5,907	5,907
Effect of dilutive securities - equity based compensation plans	17	1	15	-
Net dilutive effect of warrants outstanding	-	-	-	-
Denominator for diluted earnings per common share	5,924	5,908	5,922	5,907
Earnings  from continuing operations per common share:
Basic	$       0.21	$       0.15	$       0.37	$       0.29
Diluted	$       0.21	$       0.15	$       0.37	$       0.29
Anti-dilutive securities (excluded from per share calculation):
Equity based compensation plans	118	131	118	131
Warrants	640	640	640	640

18. Basic and Diluted Earnings Per Common Share

Basic and diluted earnings per common share are calculated based on the weighted average number of shares outstanding during the period. The Company’s employee and director stock option awards, as well as incremental shares issuable upon exercise of warrants, are not considered in the calculations if the effect would be anti-dilutive. The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Year Ended December 31,
	2012		2011
Numerator:
Earnings from continuing operations	$	3,189	$	2,471
Denominator:
Weighted average basic shares outstanding		5,907		5,907
Effect of dilutive securities — equity based compensation plans		6		-
Net dilutive effect of warrants outstanding		-		42
Denominator for diluted earnings per common share		5,913		5,949
Earnings from continuing operations per common share:
Basic	$	0.54	$	0.42
Diluted	$	0.54	$	0.42
Anti-dilutive securities (excluded from per share calculation):
Equity based compensation plans		118		112
Warrants		640		410

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Acquisitions (Schedule of Allocation of Purchase Price) (Details) (Bemag Transformer Inc. [Member], USD $)	Jul. 01, 2011
Bemag Transformer Inc. [Member]
Purchase Price:
Cash	$ 6,231,000
Debt repaid at closing	2,830,000
Total consideration	9,061,000
Purchase Price Allocation:
Accounts receivable	2,870,000
Inventory	3,040,000
Prepaid expenses	30,000
Deferred income taxes	3,000
Income taxes receivable	181,000
Property and equipment	3,488,000
Accounts payable and accrued liabilities	(2,683,000)
Deferred tax liabilities	(744,000)
Net tangible assets acquired	6,185,000
Intangible assets acquired	1,476,000
Goodwill	1,400,000
Total purchase price	$ 9,061,000

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Debt (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Debt [Abstract]

Schedule of Long-Term Debt

Long-term debt consists of the following (in thousands):

	June 30,	December 31,
	2013	2012
Revolving credit facilities	$            6,432	$            5,141
Term credit facilities	9,293	10,615
Nexus promissory note	1,226	1,371
Capital lease obligations	2	3
Total debt and capital lease obligations	16,953	17,130
Less current portion	(8,476)	(7,335)
Total long-term debt and capital lease obligations	$            8,477	$            9,795

Long-term debt consists of the following (in thousands):

	December 31,
	2012		2011
Revolving credit facilities	$	5,141	$	6,199
Term credit facilities		10,615		11,669
Nexus promissory note		1,371		-
Capital lease obligations		3		17
Total debt and capital lease obligations		17,130		17,885
Less current portion		(7,335)		(8,870)
Total long-term debt and capital lease obligations	$	9,795	$	9,015

Schedule of Maturities of Long-term Debt

The annual maturities of long-term debt at December 31, 2012, were as follows (in thousands):

	Long-term
	debt
Years Ending December 31,	maturities
2013	$	7,335
2014		2,020
2015		2,264
2016		5,446
2017		65
Total long-term debt maturities	$	17,130

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Basic and Diluted Earnings Per Common Share (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Basic and Diluted Earnings Per Common Share [Abstract]

Schedule Earnings Per Share

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012
Numerator:
Earnings from continuing operations	$     1,262	$        879	$     2,175	$     1,719
Denominator:
Weighted average basic shares outstanding	5,907	5,907	5,907	5,907
Effect of dilutive securities - equity based compensation plans	17	1	15	-
Net dilutive effect of warrants outstanding	-	-	-	-
Denominator for diluted earnings per common share	5,924	5,908	5,922	5,907
Earnings  from continuing operations per common share:
Basic	$       0.21	$       0.15	$       0.37	$       0.29
Diluted	$       0.21	$       0.15	$       0.37	$       0.29
Anti-dilutive securities (excluded from per share calculation):
Equity based compensation plans	118	131	118	131
Warrants	640	640	640	640

The following table sets forth the computation of basic and diluted earnings per share (in thousands, except per share data):

	Year Ended December 31,
	2012		2011
Numerator:
Earnings from continuing operations	$	3,189	$	2,471
Denominator:
Weighted average basic shares outstanding		5,907		5,907
Effect of dilutive securities — equity based compensation plans		6		-
Net dilutive effect of warrants outstanding		-		42
Denominator for diluted earnings per common share		5,913		5,949
Earnings from continuing operations per common share:
Basic	$	0.54	$	0.42
Diluted	$	0.54	$	0.42
Anti-dilutive securities (excluded from per share calculation):
Equity based compensation plans		118		112
Warrants		640		410

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Discontinued Operations (Schedule of Assets and Liabilities of Discontinued Operations) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Prepaid expenses and other current assets	$ 47	$ 457
Pioneer Wind Energy Systems Inc. [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Prepaid expenses and other current assets	47
Assets of discontinued operations	47
Accounts payable	10
Accrued liabilities	114
Liabilities of discontinued operations	$ 124

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Inventories (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Inventories [Abstract]

Schedule of Inventories

The components of inventories are summarized below (in thousands):

	June 30,	December 31,
	2013	2012
Raw materials	$            4,898	$            5,130
Work in process	3,743	4,360
Finished goods	5,485	5,779
Provision for excess and obsolete inventory	(282)	(357)
Total inventories	$          13,844	$          14,912

The components of inventories are summarized below (in thousands):

	December 31,
	2012		2011
Raw materials	$	5,130		$	6,184
Work in process		4,360			2,974
Finished goods		5,779			5,217
Provision for excess and obsolete inventory		(357)			(664)
Total inventories	$	14,912		$	13,711

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Stock-Based Compensation (Schedule of Assumptions Used to Estimate Fair Value of Stock Option Award Using Black-Scholes Valuation Model) (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected Volatility, minimum	39.00%	46.00%
Expected Volatility, maximum	43.00%	50.00%
Risk-free interest rate, minimum	0.70%	1.49%
Risk-free interest rate, maximum	1.34%	2.55%
Dividend yield	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	3 years 6 months	3 years 6 months
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	6 years	6 years

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Income Taxes (Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]
Balance, beginning of period	$ 265	$ 161
Increases related to tax positions taken during the period	52	104
Decreases related to expectations of statute of limitations
Balance, end of period	$ 317	$ 265

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Stock-Based Compensation (Narrative) (Details) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of common stock that may be delivered			700,000
Shares available for future grants	458,600
Common stock reserved for issuance			320,000
Total options granted			168,400	118,400	110,000
Stock-based compensation expense	$ 119,000	$ 133,000	$ 270,000	$ 254,000
Stock-based compensation expense unrecognized in the statement of earnings	$ 200,000		$ 100,000
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total options granted			107,200
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total options granted			61,200

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Summary of Significant Accounting Policies (Schedule of Product Warranty) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Summary of Significant Accounting Policies [Abstract]
Balance at beginning of year	$ 312	$ 291
Increase due to acquisition during year		48
Increase due to warranty expense	108	284
Deductions for warranty charges	(215)	(308)
Change due to foreign currency translation	6	(3)
Balance at end of year	$ 211	$ 312

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Income Taxes (Reconciliation from Statutory Income Tax Rate and Effective Income Tax Rate) (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Reconciliation from the statutory U.S. income tax rate and the Company's effective income tax rate:
Federal Income tax at statutory rate	35.00%	35.00%
State and local income tax, net
Foreign rate differential	(8.00%)	(9.00%)
Uncertain tax positions	1.00%	3.00%
Foreign tax recovery		(11.00%)
Other	7.00%	6.00%
Effective income tax expense rate	35.00%	24.00%

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Geographical Information

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Geographical Information [Abstract]

Geographical Information

11.Geographical Information

The Company has one material operating segment, being the sale of electrical equipment. Revenues are attributable to countries based on the location of the Company’s customers (in thousands):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012
Canada	$        12,336	$        14,065	$        26,632	$        26,211
United States	8,841	7,636	16,239	15,594
Others	818	119	1,675	332
Total	$        21,995	$        21,820	$        44,546	$        42,137

17. Geographical Information

The Company has one material operating segment, being the sale of electrical equipment. Revenues are attributable to countries based on the location of the Company's customers (in thousands):

	Year Ended December 31,
	2012		2011
Canada	$	53,238	$	42,258
United States		30,296		25,390
Others		426		1,142
Total	$	83,960	$	68,790

The distribution of the Company’s property, plant and equipment by geographic location is approximately as follows (in thousands):

	December 31,
	2012		2011
Canada	$	7,202	$	5,902
United States		174		283
Mexico		3,561		3,798
Total	$	10,937	$	9,983

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Consolidated Statements of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Operating activities
Net earnings (loss)	$ 2,175	$ 1,558	$ 2,990	$ (60)
Depreciation	579	587	1,251	834
Amortization of intangibles	142	143	285	252
Deferred tax expense	(249)	(320)	(153)	(524)
Accrued pension	(65)	3	9
Stock-based compensation	119	133	270	254
Restructuring and asset impairment charges, discontinued operations		49	49	1,815
Changes in current operating assets and liabilities
Accounts receivable, net	618	(2,153)	(2,288)	(381)
Inventories	622	(1,539)	(1,000)	(3,775)
Prepaid expenses and other assets	(654)	(283)	(658)	88
Income taxes	(343)	224	1,137	1,120
Accounts payable and accrued liabilities	(1,715)	656	585	2,316
Discontinued operations assets and liabilities, net		(55)	(69)	(341)
Net cash provided by (used in) operating activities	1,229	(997)	2,408	1,598
Investing activities
Additions to property, plant and equipment	(1,731)	(1,421)	(2,069)	(1,361)
Acquisition of subsidiaries and related assets, net of cash acquired	(655)			(7,830)
Note receivable		(300)	(300)	(300)
Net cash used in investing activities	(2,386)	(1,721)	(2,369)	(9,491)
Financing activities
Increase (decrease) in bank overdrafts	1,112	1,064		(531)
Increase (decrease) in revolving credit facilities	1,329	392	(1,092)	3,034
Increase in long-term debt		1,074	2,496	10,038
Repayment of long-term debt and capital lease obligations	(938)	(982)	(2,447)	(3,786)
Net cash provided by (used in) financing activities	1,503	1,548	(1,043)	8,755
Increase (decrease) in cash and cash equivalents	346	(1,170)	(1,004)	862
Effect of foreign exchange on cash and cash equivalents	9	(78)	73	20
Cash and cash equivalents
Beginning of period	467	1,398	1,398	516
End of period	$ 822	$ 150	$ 467	$ 1,398

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Basis of Presentation

6 Months Ended

Jun. 30, 2013

Business and Organization [Abstract]

Basis of Presentation

1.Basis of Presentation

Unless the context requires otherwise, references in this Form 10-Q to the “Company,” “Pioneer,” “we,” “our” and “us” refer to Pioneer Power Solutions, Inc. and its subsidiaries, including Pioneer Electrogroup Canada Inc., Pioneer Transformers Ltd., Bemag Transformer Inc., Jefferson Electric, Inc. and Pioneer Critical Power Inc.

These unaudited consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated in consolidation. Certain prior year amounts have been reclassified to conform to the current year presentation, including amounts related to discontinued operations.

These unaudited consolidated financial statements have been prepared pursuant to the rules of the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures, normally included in annual financial statements prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), have been condensed or omitted pursuant to those rules and regulations. We believe that the disclosures made are adequate to make the information presented not misleading. In the opinion of management, all adjustments, consisting only of normal recurring adjustments, necessary to fairly state the financial position, results of operations and cash flows with respect to the interim consolidated financial statements have been included. The results of operations for the interim period are not necessarily indicative of the results for the entire fiscal year. The year-end balance sheet data was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP.

These unaudited consolidated financial statements should be read in conjunction with the risk factors, included in this Quarterly Report on Form 10-Q and the audited consolidated financial statements and notes thereto of the Company and its subsidiaries included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012, which was filed with the SEC on April 1, 2013.

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Recent Accounting Pronouncements

12 Months Ended

Dec. 31, 2012

Recent Accounting Pronouncements [Abstract]

Recent Accounting Pronouncements

3. Recent Accounting Pronouncements

The Company adopted certain amendments to Accounting Standards Codification (“ASC”) 820, “Fair Value Measurements,” effective January 1, 2012. These amendments include a consistent definition of fair value, enhanced disclosure requirements for “Level 3” fair value adjustments and other changes to required disclosures. Their adoption did not have a material impact on the Company’s consolidated financial statements.

The Company adopted the amendments to ASC 220, “Comprehensive Income,” effective January 1, 2012. The amendments pertained to presentation and disclosure only.

The Company adopted the amendments to ASC 350, “Intangibles-Goodwill and Others,” effective January 1, 2012. The amended guidance allows the Company to do an initial qualitative assessment of relevant events and circumstances to determine if fair value of a reporting unit is more likely than not to be less than its carrying value, prior to performing the two-step quantitative goodwill impairment test. The adoption of these amendments did not have a material impact on the Company’s consolidated financial statements.

In July 2012, the Financial Accounting Standards Board amended ASC 350 to provide the option to do an initial qualitative assessment of relevant events and circumstances prior to calculating the fair value of an indefinite-lived intangible asset. This amendment is effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012. The Company will comply with the requirements of this pronouncement when it becomes effective. This pronouncement is not expected to have a material impact on our consolidated financial statements.

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Pension Plan (Narrative) (Details) (USD $)	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012 Pension Benefits [Member]	Dec. 31, 2011 Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Funded Percentage (in percent)	100.00%	100.00%	100.00%
Estimated net loss amortized from accumulated other comprehensive income into net periodic benefit cost over the next year			$ 47,000
Estimated prior service cost amortized from accumulated other comprehensive income into net periodic benefit cost over the next year			9,000
Estimated transitional asset amortized from accumulated other comprehensive income into net periodic benefit cost over the next year			13,000
Employer contributions	74,000	48,000	169,000	173,000
Expected contributions in 2013			$ 200,000

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Business and Organization

12 Months Ended

Dec. 31, 2012

Business and Organization [Abstract]

Business and Organization

1.Business and Organization

Pioneer Power Solutions, Inc. (the “Company”), a Delaware corporation, is a manufacturer of specialty electrical equipment and provides a broad range of custom-engineered and general purpose electrical transformers for applications in the utility, industrial and commercial segments of the electrical transmission and distribution industry. The Company is headquartered in Fort Lee, New Jersey and operates from seven additional locations in the U.S., Canada and Mexico for manufacturing, centralized distribution, engineering, sales and administration.

On April 30, 2010, the Company acquired Jefferson Electric, Inc., a Wisconsin-based manufacturer and supplier of dry-type transformers.

On June 7, 2010 and August 13, 2010, the Company acquired substantially all the operating assets and then 100% of the voting and economic interests of AAER Inc., a manufacturer of wind turbines based in Quebec, Canada, to form Pioneer Wind Energy Systems Inc. In September 2011, the Company committed to a plan to divest or wind down the Pioneer Wind Energy Systems Inc. subsidiary, which business is classified in the Company’s financial statements under discontinued operations.

On June 1, 2011, the Company’s board of directors authorized a one-for-five reverse stock split which took effect on June 20, 2011. All share and related stock option and warrant information presented in these financial statements and accompanying footnotes has been retroactively adjusted to reflect the reduced number of shares resulting from this action.

On July 1, 2011, the Company acquired all of the capital stock of Bemag Transformer Inc., a Quebec-based manufacturer of low and medium voltage dry-type transformers and custom magnetics. Also on such date, the Company acquired all the machinery and equipment assets of Vermont Transformer, Inc., the former U.S. affiliate of Bemag Transformer Inc.

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Business and Organization (Details)	0 Months Ended
	Jun. 20, 2011 item	Aug. 13, 2010 AAER Inc. [Member]
Business Acquisition [Line Items]
Stock split, conversion ratio (in ratio)	0.2
Percentage of voting and economic interests acquired		100.00%

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Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2012

Summary of Significant Accounting Policies [Abstract]

Schedule of Product Warranty Provision

The following table provides detail of change in the Company's product warranty provision, which is a component of accrued liabilities on the consolidated balance sheets for the years ended December 31, 2012 and 2011 (in thousands):

	December 31,
	2012		2011
Balance at beginning of year	$	312	$	291
Increase due to acquisition during year		-		48
Increase due to warranty expense		108		284
Deductions for warranty charges		(215)		(308)
Change due to foreign currency translation		6		(3)
Balance at end of year	$	211	$	312

Schedule of Supplemental Disclosure of Cash Flow Information

Supplemental disclosure of cash flow information (in thousands):

	Year Ended December 31,
	2012		2011
Interest paid	$	936	$	728
Income taxes paid		952		1,328

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Property, Plant and Equipment (Tables)

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Schedule of Property, Plant and Equipment

Property, plant and equipment are summarized below (in thousands):

	December 31,
	2012		2011
Land	$	113	$	7
Buildings		3,091		1,996
Machinery and equipment		11,738		11,108
Furniture and fixtures		209		195
Computer hardware and software		929		742
Leasehold improvements		57		54
Construction in progress		397		169
		16,534		14,271
Less: accumulated depreciation		(5,597)		(4,288)
Total property, plant and equipment, net	$	10,937	$	9,983

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Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
Deferred tax assets:
Canada net operating loss carry forwards	$ 244	$ 53
Pension plan	253	155
Foreign tax credits	497	455
Property and equipment		404
Other	269	365
Total gross deferred tax assets	1,263	1,432
Less valuation allowance
Net deferred tax assets	1,263	1,432
Deferred tax liabilities:
Other	(2,992)	(3,301)
Deferred liability, net	$ (1,729)	$ (1,869)

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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Schedule of Income Tax Provision

The components of the income tax provision were as follows (in thousands):

	Year Ended December 31,
	2012		2011
Current
Federal	$	-	$	104
State		15		12
Foreign		2,131		807
Deferred		(413)		(150)
Total income tax provision	$	1,733	$	773

Schedule of Earnings Before Income Tax Provision

The components of earnings before income taxes are summarized below (in thousands):

	Year Ended December 31,
	2012			2011
U.S. operations	$	(343	)	$	(540	)
Foreign		5,265			3,784
Income from continuing operations before income taxes	$	4,922		$	3,244

Reconciliation from Statutory Income Tax Rate and Effective Income Tax Rate

A reconciliation from the statutory U.S. income tax rate and the Company's effective income tax rate, as computed on earnings before income taxes, is as follows:

	Year Ended December 31,
	2012			2011
Federal Income tax at statutory rate		35	%		35	%
State and local income tax, net		-			-
Foreign rate differential		(8	)		(9	)
Uncertain tax positions		1			3
Foreign tax recovery		-			(11	)
Other		7			6
Effective income tax expense rate		35	%		24	%

Schedule of Deferred Tax Assets and Deferred Tax Liabilities

The net deferred income tax asset (liability) was comprised of the following (in thousands):

	December 31,
	2012		2011
Current deferred income taxes
Gross assets	$	563	$	753
Gross liabilities		-		-
Net current deferred income tax asset		563		753
Noncurrent deferred income taxes
Gross assets		700		679
Gross liabilities		(2,992)		(3,301)
Net noncurrent deferred income tax (liability) asset		(2,292)		(2,622)
Deferred liability, net	$	(1,729)	$	(1,869)

The tax effect of temporary differences between GAAP accounting and federal income tax accounting creating deferred income tax assets and liabilities were as follows (in thousands):

	December 31,
	2012		2011
Deferred tax assets
Canada net operating loss carry forwards	$	244	$	53
Pension plan		253		155
Foreign tax credits		497		455
Property and equipment		-		404
Other		269		365
		1,263		1,432
Less valuation allowance		-		-
Net deferred tax assets		1,263		1,432
Deferred tax liabilities
Other		(2,992)		(3,301)
Deferred liability, net	$	(1,729)	$	(1,869)

Reconciliation of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, exclusive of interest and penalties, is as follows (in thousands):

	UTP
Balance as of December 31, 2010	$	161
Increases related to tax positions taken during the period		104
Decreases related to expectations of statute of limitations		-
Balance as of December 31, 2011		265
Increases related to tax positions taken during the period		52
Decreases related to expectations of statute of limitations		-
Balance as of December 31, 2012	$	317

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Income Taxes (Schedule of Classification of Deferred Income Tax Asset (Liability)) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Current deferred income taxes
Gross assets		$ 563	$ 753
Gross liabilities
Net current deferred income tax asset		563	753
Noncurrent deferred income taxes
Gross assets		700	679
Gross liabilities	(2,909)	(2,992)	(3,301)
Net noncurrent deferred income tax (liability) asset		(2,292)	(2,622)
Deferred liability, net		$ (1,729)	$ (1,869)

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Debt (Canadian Credit Facilities) (Details)					6 Months Ended	12 Months Ended			6 Months Ended	12 Months Ended	6 Months Ended	12 Months Ended													6 Months Ended	12 Months Ended															1 Months Ended		12 Months Ended			6 Months Ended	12 Months Ended
	Dec. 31, 2012 Canadian Credit Facilities (Facility E) [Member] CAD	Jun. 30, 2011 Canadian Credit Facilities (Facility E) [Member] CAD	Dec. 31, 2012 Canadian Credit Facilities (Facility D) [Member] CAD	Jun. 30, 2011 Canadian Credit Facilities (Facility D) [Member] CAD	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] CAD	Jun. 30, 2011 Canadian Credit Facilities (Facility C) [Member] CAD	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] Scenario One [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Scenario One [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] Scenario Two [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Scenario Two [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] London Interbank Offered Rate L I B O R [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] London Interbank Offered Rate L I B O R [Member] Scenario One [Member]	Jun. 30, 2011 Canadian Credit Facilities (Facility C) [Member] London Interbank Offered Rate L I B O R [Member] Scenario One [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] London Interbank Offered Rate L I B O R [Member] Scenario Two [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Prime Rate [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Prime Rate [Member] Scenario One [Member]	Jun. 30, 2011 Canadian Credit Facilities (Facility C) [Member] Prime Rate [Member] Scenario One [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] Prime Rate [Member] Scenario Two [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Base Rate [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility C) [Member] Base Rate [Member] Scenario One [Member]	Jun. 30, 2011 Canadian Credit Facilities (Facility C) [Member] Base Rate [Member] Scenario One [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility C) [Member] Base Rate [Member] Scenario Two [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility B) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility B) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility B) [Member] CAD	Jun. 30, 2011 Canadian Credit Facilities (Facility B) [Member] CAD	Jun. 30, 2013 Canadian Credit Facilities (Facility B) [Member] Prime Rate [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility B) [Member] Prime Rate [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility A) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility A) [Member] USD ($)	Dec. 31, 2012 Canadian Credit Facilities (Facility A) [Member] CAD	Jun. 30, 2011 Canadian Credit Facilities (Facility A) [Member] CAD	Jun. 30, 2013 Canadian Credit Facilities (Facility A) [Member] London Interbank Offered Rate L I B O R [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility A) [Member] London Interbank Offered Rate L I B O R [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility A) [Member] Prime Rate [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility A) [Member] Prime Rate [Member]	Jun. 30, 2013 Canadian Credit Facilities (Facility A) [Member] Base Rate [Member]	Dec. 31, 2012 Canadian Credit Facilities (Facility A) [Member] Base Rate [Member]	Jun. 30, 2011 Term Credit Facilities [Member] USD ($)	Jun. 30, 2011 Term Credit Facilities [Member] CAD	Dec. 31, 2012 Term Credit Facilities [Member] USD ($)	Dec. 31, 2012 Term Credit Facilities [Member] CAD	Jun. 30, 2013 Term Credit Facilities [Member] USD ($)	Jun. 30, 2013 Minimum [Member] Canadian Credit Facilities (Facility C) [Member]	Dec. 31, 2012 Minimum [Member] Canadian Credit Facilities (Facility C) [Member]
Line of Credit Facility [Line Items]
Maximum credit facilities amount borrowed	1,000,000	1,000,000	50,000	50,000			10,000,000	10,000,000																			2,000,000	2,000,000					10,000,000	10,000,000							$ 22,600,000	23,000,000	$ 23,100,000	23,000,000
Canadian facilities secured by a first-ranking lien																																										30,000,000		25,000,000
Minimum fixed charge coverage ratio (in ratio)																																									1.25	1.25	1.25	1.25
Maximum funded debt to EBITDA ratio (in ratio)																																									2.75	2.75	2.75	2.75
Debt to capitalization (in percent)																																									60	60	60	60
Earnings before income taxes depreciation and amortization benchmark ratio					2.00					2.00		2.00																																		2.00	2.00
Debt instrument amortization period					5 years	5 years	5 years																		5 years	5 years	5 years
Interest rate spread									2.00%		2.00%		2.25%	2.50%	2.50%	1.00%	1.00%	1.25%	1.25%	2.25%	1.00%	1.25%	1.25%	1.00%					1.00%	1.00%					2.00%	2.00%	0.50%	0.50%	0.50%	0.50%
Line of credit restriction amount to single entity																																									5,000,000		5,000,000
Line of credit restriction percentage distribution of previous year net income																																									50.00%	50.00%	50.00%	50.00%
Credit facilities amount outstanding					$ 8,000,000	$ 9,100,000																			$ 1,300,000	$ 1,500,000					$ 900,000	$ 200,000											$ 10,800,000		$ 10,200,000
Standby fee percentage									0.625%	0.625%	0.5625%	0.5625%
EBITDA benchmark ratio					2.00					2.00		2.00																																		2.00	2.00

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Inventories (Details) (USD $)	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Inventories [Abstract]
Raw materials	$ 4,898,000	$ 5,130,000	$ 6,184,000
Work in process	3,743,000	4,360,000	2,974,000
Finished goods	5,485,000	5,779,000	5,217,000
Provision for excess and obsolete inventory	(282,000)	(357,000)	(664,000)
Total inventories	13,844,000	14,912,000	13,711,000
Goods in transit	$ 200,000	$ 300,000	$ 300,000

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Acquisitions (Narrative) (Details) (USD $)		0 Months Ended
	Jul. 01, 2011	Jul. 01, 2011 Bemag Transformer Inc. [Member]	Mar. 06, 2013 Power Systems Solutions, Inc. [Member]
Business Acquisition [Line Items]
Value of transaction, acquisition		$ 9,061,000	$ 1,200,000
Debt repaid at closing		2,830,000
Identifiable intangible assets having finite lives		900,000
Identifiable intangible assets having finite lives, weighted average remaining useful life		13 years 6 months
Indefinite-lived intangible assets acquired		600,000
Goodwill		1,400,000
Transaction costs incurred		300,000
Payment for purchase of assets	$ 1,600,000

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Consolidated Statements of Comprehensive Income (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements of Comprehensive Income [Abstract]
Net earnings (loss)	$ 1,262	$ 801	$ 2,175	$ 1,558	$ 2,990	$ (60)
Other comprehensive income, net of tax:
Foreign currency translation adjustments	(350)	(231)	(484)	(103)	133	(241)
Pension adjustment, net of taxes	(22)	(65)	30	(9)	(246)	(277)
Other comprehensive income (loss)	(372)	(296)	(454)	(112)	(113)	(518)
Comprehensive income (loss)	$ 890	$ 505	$ 1,721	$ 1,446	$ 2,877	$ (578)

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Inventories

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Inventories [Abstract]

Inventories

4.Inventories

The components of inventories are summarized below (in thousands):

	June 30,	December 31,
	2013	2012
Raw materials	$            4,898	$            5,130
Work in process	3,743	4,360
Finished goods	5,485	5,779
Provision for excess and obsolete inventory	(282)	(357)
Total inventories	$          13,844	$          14,912

Included in raw materials and finished goods at June  30, 2013 and December 31, 2012 are goods in transit of approximately$0.2 and $0.3 million, respectively.

6. Inventories

The components of inventories are summarized below (in thousands):

	December 31,
	2012		2011
Raw materials	$	5,130		$	6,184
Work in process		4,360			2,974
Finished goods		5,779			5,217
Provision for excess and obsolete inventory		(357)			(664)
Total inventories	$	14,912		$	13,711

Included in raw materials are goods in transit of approximately $0.3 million (2011 - $0.3 million).

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Consolidated Balance Sheets (Parenthetical) (USD $)	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Consolidated Balance Sheets [Abstract]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Preferred stock, authorized	5,000,000	5,000,000	5,000,000
Preferred stock, issued	0	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Common stock, authorized	30,000,000	30,000,000	30,000,000
Common stock, issued	5,907,255	5,907,255	5,907,255
Common stock, outstanding shares	5,907,255	5,907,255	5,907,255

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Debt (Schedule of Maturities of Long-Term Debt) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Debt [Abstract]
2013		$ 7,335
2014		2,020
2015		2,264
2016		5,446
2017		65
Total debt and capital lease obligations	$ 16,953	$ 17,130	$ 17,885

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Consolidated Statements of Earnings (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Consolidated Statements of Earnings [Abstract]
Revenues	$ 21,995	$ 21,820	$ 44,546	$ 42,137	$ 83,960	$ 68,790
Cost of goods sold	16,415	17,056	33,885	32,783	65,020	52,813
Gross profit	5,580	4,764	10,661	9,354	18,940	15,977
Operating expenses
Selling, general and administrative	3,531	3,310	7,052	6,551	13,181	11,070
Foreign exchange (gain) loss	(14)	(14)	47	(86)	(188)	197
Total operating expenses	3,517	3,296	7,099	6,465	12,993	11,267
Operating income	2,063	1,468	3,562	2,889	5,947	4,710
Interest expense	183	230	368	443	933	646
Other expense	74	1	167	30	92	820
Earnings from continuing operations before income taxes	1,806	1,237	3,027	2,416	4,922	3,244
Provision for income taxes	544	358	852	697	1,733	773
Earnings from continuing operations	1,262	879	2,175	1,719	3,189	2,471
Loss from discontinued operations, net of income taxes		(78)		(161)	(199)	(2,531)
Net earnings (loss)	$ 1,262	$ 801	$ 2,175	$ 1,558	$ 2,990	$ (60)
Earnings from continuing operations per share:
Basic	$ 0.21	$ 0.15	$ 0.37	$ 0.29	$ 0.54	$ 0.42
Diluted	$ 0.21	$ 0.15	$ 0.37	$ 0.29	$ 0.54	$ 0.42
Earnings per common share:
Basic	$ 0.21	$ 0.14	$ 0.37	$ 0.26	$ 0.51	$ (0.01)
Diluted	$ 0.21	$ 0.14	$ 0.37	$ 0.26	$ 0.51	$ (0.01)
Weighted average common shares outstanding:
Basic	5,907	5,907	5,907	5,907	5,907	5,907
Diluted	5,924	5,908	5,922	5,907	5,913	5,949

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Property, Plant and Equipment (Schedule of Property, Plant and Equipment) (Details) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Property Plant And Equipment [Line Items]
Property, plant and equipment		$ 16,534	$ 14,271
Less: accumulated depreciation		(5,597)	(4,288)
Total property, plant and equipment, net	11,697	10,937	9,983
Land [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		113	7
Buildings [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		3,091	1,996
Machinery and Equipment [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		11,738	11,108
Furniture and Fixtures [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		209	195
Computer Hardware and Software [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		929	742
Leasehold Improvements [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		57	54
Construction in Progress [Member]
Property Plant And Equipment [Line Items]
Property, plant and equipment		$ 397	$ 169

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Pension Plan (Schedule of Asset Allocation) (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Plan Disclosure [Line Items]
Allocation at December 31	100.00%	100.00%
Target Allocation for 2013	100.00%
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Allocation at December 31	57.00%	58.00%
Target Allocation for 2013	57.00%
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Allocation at December 31	30.00%	34.00%
Target Allocation for 2013	30.00%
Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Allocation at December 31	9.00%	6.00%
Target Allocation for 2013	9.00%
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Allocation at December 31	4.00%	2.00%
Target Allocation for 2013	4.00%

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Pension Plan (Reconciliation of Projected Benefit Obligation) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Change in benefit obligation:
Projected benefit obligation, at beginning of year			$ 3,383	$ 2,911	$ 2,911	$ 2,732
Current service cost, net of employee contributions	13	10	31	21	32	25
Employee contributions					39	35
Interest cost	32	36	63	71	140	149
Actuarial loss					(49)
Impact of change in discount rate					395	229
Impact in change of assumptions					36
Benefits paid					(188)	(192)
Foreign exchange adjustment					67	(67)
Projected benefit obligation, at end of year					$ 3,383	$ 2,911

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Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Acquisitions [Abstract]

Schedule of Allocation of Purchase Price

The allocation of the purchase price was as follows (in thousands):

Purchase Price:
Cash	$	6,231
Debt repaid at closing		2,830
Total consideration	$	9,061
Purchase Price Allocation:
Cash and cash equivalents	$	-
Accounts receivable		2,870
Inventory		3,040
Prepaid expenses		30
Deferred income taxes		3
Income taxes receivable		181
Property and equipment		3,488
Accounts payable and accrued liabilities		(2,683	)
Deferred tax liabilities		(744	)
Net tangible assets acquired		6,185
Intangible assets acquired		1,476
Goodwill		1,400
Total purchase price	$	9,061

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Pension Plan

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Pension Plan [Abstract]

Pension Plan

10.Pension Plan

One of the Company’s Canadian subsidiaries sponsors a defined benefit pension plan in which a majority of its employees are members. The subsidiary funds 100% of all contributions to the plan. The benefits, or the rate per year of credit service, are established by the Company and updated at its discretion.

The components of the expense the Company incurred under the pension plan are as follows (in thousands):

	Three Months Ended June 30,		Six Months Ended June 30,
	2013	2012	2013	2012
Current service cost, net of employee contributions	$                13	$                10	$                31	$                21
Interest cost on accrued benefit obligation	32	36	63	71
Expected return on plan assets	(42)	(40)	(83)	(78)
Amortization of transitional obligation	3	3	7	7
Amortization of past service costs	2	2	4	4
Amortization of net actuarial gain	14	12	29	24
Total cost of benefit	$                22	$                23	$                51	$                49

Cost of Benefits

The Company’s policy is to fund the pension plan at or above the minimum level required by law. The Company made $74,000 and $48,000 of contributions to its defined benefit pension plan during the six months ended June 30 2013 and 2012, respectively. Changes in the discount rate and actual investment returns that are lower than the long-term expected return on plan assets could result in the Company making additional contributions.

15. Pension Plan

A Canadian subsidiary of the Company sponsors a defined benefit pension plan in which a majority of its employees are members. The employer contributes 100% to the plan. The benefits, or the rate per year of credit service, are established by the Company’s subsidiary and updated at its discretion.

Cost of Benefits

The components of the expense the Company incurred under the pension plan are as follows (in thousands):

	Year Ended December 31,
	2012			2011
Current service cost, net of employee contributions	$	32		$	25
Interest cost on accrued benefit obligation		140			149
Expected return on plan assets		(156	)		(159	)
Amortization of transitional obligation		14			14
Amortization of past service costs		9			9
Amortization of net actuarial gain		46			33
Total cost of benefit	$	85		$	71

Benefit Obligation

The Company’s obligation for the pension plan is valued annually as of the beginning of each fiscal year. The projected benefit obligation represents the present value of benefits ultimately payable to plan participants for both past and future services expected to be provided by the plan participants.

The Company's obligations pursuant to the pension plan are as follows (in thousands):

	December 31,
	2012			2011
Projected benefit obligation, at beginning of year	$	2,911		$	2,732
Current service cost, net of employee contributions		32			25
Employee contributions		39			35
Interest cost		140			149
Actuarial loss		(49	)		-
Impact of change in discount rate		395			229
Impact in change of assumptions		36			-
Benefits paid		(188	)		(192	)
Foreign exchange adjustment		67			(67	)
Projected benefit obligation, at end of year	$	3,383		$	2,911

A summary of expected benefit payments related to the pension plan is as follows (in thousands):

Year ending December 31,	Pension Plan
2013	$	201
2014		206
2015		230
2016		234
2017		240
2018 - 2022	$	1,214

Other changes in plan assets and benefit obligations recognized in other comprehensive income are as follows (in thousands):

	Year Ended December 31,
	2012			2011
Net loss	$	407		$	432
Amortization of prior service cost		(9	)		(8	)
Amortization of gain		(47	)		(32	)
Amortization of transitional asset		(13	)		(13	)
		338			379
Taxes		(92	)		(102	)
Total recognized in other comprehensive income, net of taxes	$	246		$	277

The estimated net loss amortized from accumulated other comprehensive income into net periodic benefit cost over the next year amounts to approximately $47,000. The estimated prior service cost amortized from accumulated other comprehensive income into net periodic benefit cost over the next year amounts to approximately $9,000. The estimated transitional asset amortized from accumulated other comprehensive income into net periodic benefit cost over the next year amounts to approximately $13,000.

The accumulated other comprehensive loss consists of the following amounts that have not yet been recognized as components of net benefit cost (in thousands):

	December 31,
	2012			2011
Unrecognized prior service cost	$	120		$	129
Unrecognized net actuarial loss		84			97
Unrecognized transitional obligation		1,542			1,182
Deferred income taxes		(507	)		(415	)
	$	1,239		$	993

Plan Assets

Assets held by the pension plan are invested in accordance with the provisions of the Company’s approved investment policy. The pension plan’s strategic asset allocation was structured to reduce volatility through diversification and enhance return to approximate the amounts and timing of the expected benefit payments. The asset allocation for the pension plan at the end of fiscal years 2012 and 2011 and the target allocation for fiscal year 2013, by asset category, is as follows:

	Allocation at December 31,						2013 Target
	2012			2011			Allocation
Equity securities		57	%		58	%		57	%
Fixed income securities		30			34			30
Real estate		9			6			9
Other		4			2			4
Total		100	%		100	%		100	%

F-25

The fair market values, by asset category are as follows (in thousands):

	December 31,
	2012		2011
Equity securities	$	1,451	$	1,359
Fixed income securities		764		795
Real estate		229		141
Other		102		47
Total	$	2,546	$	2,342

The Company has classified the assets as level 1. Changes in the assets held by the pension plan in the years 2012 and 2011 are as follows (in thousands):

	December 31,
	2012			2011
Fair value of plan assets, at beginning of year	$	2,342		$	2,424
Actual return on plan assets		131			(44	)
Employer contributions		169			173
Employee contributions		39			34
Benefits paid		(188	)		(192	)
Foreign exchange adjustment		53			(53	)
Fair value of plan assets, at end of year	$	2,546		$	2,342

Contributions

The Company’s policy is to fund the pension plan at or above the minimum required by law. The Company made $0.2 million of contributions to its defined benefit pension plan in each of the 2012 and 2011 years. The Company expects to make contributions of less than $0.2 million to the defined benefit pension plan in 2013. Changes in the discount rate and actual investment returns which continue to remain lower than the long-term expected return on plan assets could result in the Company making additional contributions.

Funded Status

The funded status of the pension plan is as follows (in thousands):

	December 31,
	2012		2011
Projected benefit obligation	$	3,383	$	2,911
Fair value of plan assets		2,546		2,342
Accrued obligation (long term)	$	837	$	569

Assumptions

Assumptions used in accounting for the pension plan are as follows:

	December 31,
	2012			2011
Weighted average discount rate used to determine the accrued benefit obligations		3.80	%		4.80	%
Discount rate used to determine the net pension expense		4.80	%		5.50	%
Expected long-term rate of return on plan assets		6.50	%		6.50	%

To determine the expected long-term rate of return on pension plan assets, the Company considers the current and expected asset allocations, as well as historical and expected returns on various categories of plan assets. The Company applies the expected rate of return to a market related value of the assets which reduces the underlying variability in assets to which the Company applies that expected return. The Company amortizes gains and losses as well as the effects of changes in actuarial assumptions and plan provisions over a period no longer than the average future service of employees.

Primary actuarial assumptions are determined as follows:

The expected long-term rate of return on plan assets is based on the Company’s estimate of long-term returns for equities and fixed income securities weighted by the allocation of assets in the plans. The rate is impacted by changes in general market conditions, but because it represents a long-term rate, it is not significantly impacted by short-term market swings. Changes in the allocation of plan assets would also impact this rate.

The assumed discount rate is used to discount future benefit obligations back to today’s dollars. The discount rate is reflective of yield rates on U.S. long-term investment grade corporate bonds on and around the December 31 valuation date. This rate is sensitive to changes in interest rates. A decrease in the discount rate would increase the Company’s obligation and expense.

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Summary of Significant Accounting Policies (Schedule of Cash Flow Information) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Summary of Significant Accounting Policies [Abstract]
Interest paid	$ 936	$ 728
Income taxes paid	$ 952	$ 1,328

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Pension Plan (Schedule of Other Changes in Plan Assets and Benefit Obligations) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Pension Plan [Abstract]
Net loss	$ 407	$ 432
Amortization of prior service cost	(9)	(8)
Amortization of gain	(47)	(32)
Amortization of transitional asset	(13)	(13)
Total (pre-tax)	338	379
Taxes	(92)	(102)
Total recognized in other comprehensive income, net of taxes	$ 246	$ 277

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Goodwill and Other Intangible Assets (Schedule of Future Amortization Expense) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012
Estimated future annual amortization expense related to intangible assets:
2013	$ 284
2014	265
2015	265
2016	264
2017	262
Thereafter	1,007
Intangible assets, net	$ 2,347

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Stock-Based Compensation (Schedule of Stock Option Activity) (Details) (USD $)	12 Months Ended		6 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Jun. 30, 2013 2011 Long-Term Incentive Plan [Member]
Stock options
Balance at the beginning of period	118,400	110,000	168,400
Granted	50,000	8,400	73,000
Balance at the end of period	168,400	118,400	241,400
Exercisable at the end of period	78,933	38,000	143,667
Weighted average exercise price
Balance at the beginning of period	$ 15.07	$ 15.29	$ 11.85
Granted	$ 4.22	$ 12.29	$ 5.60
Balance at the end of period	$ 11.85	$ 15.07	$ 9.96
Exercisable at the end of period	$ 15.09	$ 15.29	$ 13.11
Weighted average remaining contractual term
Balance at the beginning of period (in years)	7 years		6 years 7 months 6 days
Granted (in years)	7 years 10 months 24 days		9 years 8 months 12 days
Balance at the end of period (in years)	6 years 7 months 6 days	7 years	7 years 2 months 12 days
Exercisable at the end of period (in years)	6 years 1 month 6 days	7 years	6 years
Aggregate intrinsic value
Balance at the beginning of period			$ 119,500
Granted	74,500		65,700
Balance at the end of period	74,500		185,200
Exercisable at the end of period			$ 58,673

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Geographical Information (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Geographical Information [Abstract]

Schedule of Geographical Information

The Company has one material operating segment, being the sale of electrical equipment. Revenues are attributable to countries based on the location of the Company’s customers (in thousands):

	Three Months Ended		Six Months Ended
	June 30,		June 30,
	2013	2012	2013	2012
Canada	$        12,336	$        14,065	$        26,632	$        26,211
United States	8,841	7,636	16,239	15,594
Others	818	119	1,675	332
Total	$        21,995	$        21,820	$        44,546	$        42,137

The Company has one material operating segment, being the sale of electrical equipment. Revenues are attributable to countries based on the location of the Company's customers (in thousands):

	Year Ended December 31,
	2012		2011
Canada	$	53,238	$	42,258
United States		30,296		25,390
Others		426		1,142
Total	$	83,960	$	68,790

The distribution of the Company’s property, plant and equipment by geographic location is approximately as follows (in thousands):

	December 31,
	2012		2011
Canada	$	7,202	$	5,902
United States		174		283
Mexico		3,561		3,798
Total	$	10,937	$	9,983

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Commitments (Tables)

12 Months Ended

Dec. 31, 2012

Lease Commitments [Abstract]

Schedule of Minimum Annual Lease Commitments

At December 31, 2012 the minimum annual lease commitments under the leases having terms in excess of one year were as follows (in thousands):

	Operating
Years Ending December 31,	leases
2013	$	310
2014		85
2015		56
2016		27
2017		3
Thereafter		-
Total lease commitments	$	481

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Stock-Based Compensation (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Stock-Based Compensation [Abstract]

Schedule of Fair Value of Stock Options Granted Measured Using Black-Scholes Valuation Model

The fair value of the stock options granted during the years ended December 31, 2012 and 2011was measured using the Black-Scholes valuation model with the following assumptions:

	Year Ended December 31,
	2012	2011
Expected Volatility	39 - 43%	46 - 50%
Expected life	3.5 - 6.0	3.5 - 6.0
Risk-free interest rate	0.70 - 1.34%	1.49 - 2.55%
Dividend yield	0%	0%

Schedule of Stock Option Activity

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of June  30, 2013, and changes during the six months ended June  30, 2013, are presented below:

	Stock	Weighted average	Weighted average remaining	Aggregate
	options	exercise price	contractual term	intrinsic value
Balance December 31, 2012	168,400	$            11.85	6.6	$        119,500
Granted	73,000	$              5.60	9.7	65,700
Exercised	-	-	-	-
Forfeited	-	-	-	-
Outstanding as of June 30, 2013	241,400	$              9.96	7.2	$        185,200
Exercisable as of June 30, 2013	143,667	$            13.11	6.0	$          58,673

A summary of stock option activity for the years ended December 31, 2012 and 2011, and changes during the years then ended is presented below:

					Weighted
	Stock		Weighted average		average remaining		Aggregate
	options		exercise price		contractual term		intrinsic value
Balance December 31, 2010		110,000	$	15.29		-	$	-
Granted		8,400		12.29		-		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Balance December 31, 2011		118,400	$	15.07		7.0	$	-
Exercisable as of December 31, 2011		38,000	$	15.29		7.0	$	-
Balance December 31, 2011		118,400	$	15.07		7.0	$	-
Granted		50,000		4.22		7.9		74,500
Exercised		-		-		-		-
Forfeited		-		-		-		-
Outstanding as of December 31, 2012		168,400	$	11.85		6.6	$	74,500
Exercisable as of December 31, 2012		78,933	$	15.09		6.1	$	-

Schedule of Other Information

A summary of the weighted-average grant-date fair value of options, total intrinsic value of options exercised, and cash receipts from options exercised is shown below (in thousands, except per share amounts):

	Year Ended December 31,
	2012		2011		2010
Weighted-average fair value of options granted (per share)	$	1.54	$	5.20	$	6.70
Intrinsic value gain of options exercised		-		-		-
Cash receipts from exercise of options		-		-		-

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Discontinued Operations

12 Months Ended

Dec. 31, 2012

Discontinued Operations [Abstract]

Discontinued Operations

5. Discontinued Operations

During September 2011, the Company committed to a plan to divest or wind down its Pioneer Wind Energy Systems Inc. subsidiary which was established by the Company in 2010 to market its utility scale wind turbine designs, after-sales services and equipment financing to community wind and industrial customers. This decision was part of the Company’s strategy to focus on businesses that create the most shareholder value. The decision to divest or wind down the business resulted in a non-cash asset impairment charge of $1.6 million to adjust the carrying value of the subsidiary’s assets to their fair value. This impairment charge was recognized in the third quarter of 2011 on certain inventory, property, plant and equipment and other assets. In addition, at the time the Company decided to discontinue this business the Company also recognized a $0.6 million charge related to expected future severance, rent and insurance payment obligations associated with the decision.

The results of operations for Pioneer Wind Energy Systems Inc. are reported as discontinued operations for all periods presented and are summarized as follows (in thousands):

	Year Ended December 31,
	2012		2011
Net sales	$	230	$	-
(Loss) from operations of discontinued business (1)		(199)		(2,531)
Income tax expense		-		-
(Loss) from discontinued operations, net of tax	$	(199)	$	(2,531)

(1) Loss from operations before tax in 2011 includes non-cash asset impairment charges of $1.6 million.

The following is a summary of the assets and liabilities of discontinued operations (in thousands):

		December 31, 2012
Prepaid expenses and other current assets	$	47
Assets of discontinued operations	$	47
Accounts payable	$	10
Accrued liabilities		114
Liabilities of discontinued operations	$	124

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Shareholders' Equity (Narrative) (Details) (USD $)	6 Months Ended	12 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Dec. 31, 2011
Shareholders' Equity [Abstract]
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001
Common stock, outstanding shares	5,907,255	5,907,255	5,907,255
Outstanding purchase of warrants (in shares)	640,000	640,000
Average exercise price (in dollars per share)	$ 14.00	$ 14.00
Warrant expiration date range start	Dec. 02, 2014	Dec. 02, 2014
Warrant expiration date range end	Apr. 30, 2015	Apr. 30, 2015
Preferred stock, authorized	5,000,000	5,000,000	5,000,000
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001	$ 0.001

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Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2012

Discontinued Operations [Abstract]

Discontinued Operations

The results of operations for Pioneer Wind Energy Systems Inc. are reported as discontinued operations for all periods presented and are summarized as follows (in thousands):

	Year Ended December 31,
	2012		2011
Net sales	$	230	$	-
(Loss) from operations of discontinued business (1)		(199)		(2,531)
Income tax expense		-		-
(Loss) from discontinued operations, net of tax	$	(199)	$	(2,531)

(1) Loss from operations before tax in 2011 includes non-cash asset impairment charges of $1.6 million.

The following is a summary of the assets and liabilities of discontinued operations (in thousands):

		December 31, 2012
Prepaid expenses and other current assets	$	47
Assets of discontinued operations	$	47
Accounts payable	$	10
Accrued liabilities		114
Liabilities of discontinued operations	$	124

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Summary of Significant Accounting Policies (Narrative) (Details) (USD $)			12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2012 Minimum [Member]	Dec. 31, 2012 Maximum [Member]	Dec. 31, 2012 Buildings [Member]	Dec. 31, 2012 Machinery and Equipment [Member] Minimum [Member]	Dec. 31, 2012 Machinery and Equipment [Member] Maximum [Member]	Dec. 31, 2012 Computer Hardware and Software [Member] Minimum [Member]	Dec. 31, 2012 Computer Hardware and Software [Member] Maximum [Member]
Accounts Receivable
Allowance for doubtful accounts	$ 29,000	$ 54,000
Long-Lived Assets
Estimated useful lives					25 years	5 years	15 years	3 years	5 years
Finite-Lived Intangible Assets
Amortization period of assets			3 years	20 years
Standard product warranty period			1 year	3 years

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Goodwill and Other Intangible Assets

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Goodwill and Other Intangible Assets

5.Goodwill and Other Intangible Assets

Changes in goodwill and intangible asset balances for the six months ended June  30, 2013, consisted of the following (in thousands):

		Intangible
	Goodwill	assets
Balance December 31, 2012	$             6,892	$            5,329
Additions due to acquisitions	1,068	-
Amortization	-	(142)
Foreign currency translation	(74)	(70)
Balance as of June 30, 2013	$             7,886	$            5,117

The components of intangible assets as of June  30, 2013 are summarized below (in thousands):

	Intangible	Accumulated	Foreign currency	Net book
	assets	amortization	translation	value
Customer relationships	$          2,962	$             (745)	$               (70)	$          2,147
Non-compete agreement	95	(78)	(1)	16
Trademarks	2,049	-	(21)	2,028
Technology-related industry accreditations	950	-	(24)	926
Total intangible assets	$          6,056	$             (823)	$             (116)	$          5,117

8. Goodwill and Other Intangible Assets

Changes in goodwill and intangible asset balances for the years ended December 31, 2012 and 2011 consisted of the following (in thousands):

			Intangible
	Goodwill		assets
Balance December 31, 2010	$	5,534	$	4,436
Additions due to acquisitions		1,400		1,476
Amortization		-		(252)
Foreign currency translation		(72)		(75)
Balance as of December 31, 2011		6,862		5,585
Additions due to acquisitions		-		-
Amortization		-		(285)
Foreign currency translation		30		29
Balance as of December 31, 2012	$	6,892	$	5,329

The components of intangible assets at December 31, 2012 are summarized below (in thousands):

	Intangible		Accumulated			Foreign currency			Net book
	assets		amortization			translation			value
Customer relationships	$	2,962	$	(617	)	$	(28	)	$	2,317
Non-compete agreement		95		(64	)		(1	)		30
Trademarks		2,049		-			(8	)		2,041
Technology-related industry accreditations		950		-			(9	)		941
Total intangible assets	$	6,056	$	(681)		$	(46)		$	5,329

Future scheduled annual amortization expense for finite life intangible assets is as follows (in thousands):

Years Ending December 31,	Total
2013	$	284
2014		265
2015		265
2016		264
2017		262
Thereafter		1,007
	$	2,347

F-16

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Pension Plan (Cost of Benefits) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Pension Plan [Abstract]
Current service cost, net of employee contributions	$ 13	$ 10	$ 31	$ 21	$ 32	$ 25
Interest cost on accrued benefit obligation	32	36	63	71	140	149
Expected return on plan assets	(42)	(40)	(83)	(78)	(156)	(159)
Amortization of transitional obligation	3	3	7	7	14	14
Amortization of past service costs	2	2	4	4	9	9
Amortization of net actuarial gain	14	12	29	24	46	33
Total cost of benefit	$ 22	$ 23	$ 51	$ 49	$ 85	$ 71

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Acquisitions

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Acquisitions [Abstract]

Acquisitions

3.Acquisition

On March 6, 2013, Pioneer Critical Power Inc., a wholly-owned subsidiary of the Company, acquired substantially all the assets and assumed certain trade liabilities comprising the business of Power Systems Solutions, Inc. The transaction was valued at approximately $1.2 million and was accounted for under the purchase method of accounting. Power Systems Solutions, Inc. is a Minneapolis-based supplier of highly specified and engineered paralleling switchgear and generator controls used in on-site backup power and distributed generation applications.

The acquisition resulted in the recognition of goodwill in the Company’s consolidated financial statements because the purchase price exceeded the net tangible asset value and reflects the future earnings and cash flow potential of the acquired business. The Company made an initial allocation of the purchase price at the date of acquisition, based upon its understanding of the fair value of the acquired assets and assumed liabilities. The Company obtained this information during due diligence and through other sources including an asset appraisal. If additional information is obtained about these assets and liabilities within the measurement period (not to exceed one year from the date of acquisition), including by learning more about the newly acquired business or revisions of preliminary estimates, the Company will then refine its estimate of fair value.

4. Acquisitions

On July 1, 2011, 7834080 Canada Inc., an indirect wholly-owned subsidiary of the Company, completed the acquisition of all of the capital shares of Bemag Transformer Inc. Pursuant to the share purchase agreement, as amended, all the capital shares of Bemag Transformer Inc. were purchased in a transaction valued at approximately $9.1 million, which amount includes approximately $2.8 million of Bemag Transformer Inc.’s former revolving and long-term debt which was repaid by the Company at closing.

The transaction was accounted for under the purchase method of accounting. Under the purchase method of accounting, the total estimated purchase price is allocated to the tangible and intangible assets acquired and liabilities assumed in connection with the acquisition, based on their estimated fair values as of the effective date of the acquisition. Goodwill arising from the acquisition has been determined as the excess of the purchase price over the net of the amounts assigned to acquired assets and liabilities assumed.

The allocation of the purchase price was as follows (in thousands):

Purchase Price:
Cash	$	6,231
Debt repaid at closing		2,830
Total consideration	$	9,061
Purchase Price Allocation:
Cash and cash equivalents	$	-
Accounts receivable		2,870
Inventory		3,040
Prepaid expenses		30
Deferred income taxes		3
Income taxes receivable		181
Property and equipment		3,488
Accounts payable and accrued liabilities		(2,683	)
Deferred tax liabilities		(744	)
Net tangible assets acquired		6,185
Intangible assets acquired		1,476
Goodwill		1,400
Total purchase price	$	9,061

Identifiable intangible assets having finite lives arising from the acquisition were valued at $0.9 million, consisting primarily of customer relationships and a non-compete agreement. These intangible assets are amortized on a straight-line basis with a weighted average remaining useful life of 13.5 years. None of these definite-lived intangible assets acquired are deductible for tax purposes. Indefinite-lived intangible assets acquired are valued at $0.6 million and consist of trademarks and certain technology-related industry accreditations, neither of which are deductible for tax purposes. The excess of the purchase price over the aggregate fair values, which was approximately $1.4 million, was recorded as goodwill. Goodwill has an indefinite life, is not subject to amortization and is not deductible for tax purposes. Goodwill arising from the acquisition is tested for impairment at least annually (more frequently if indicators of impairment arise). In the event that management determines that the goodwill has become impaired, the Company will incur an accounting charge for the amount of the impairment during the fiscal quarter in which the determination is made.

The Company incurred acquisition transaction costs of approximately $0.3 million for the year ended December 31, 2011. These costs were expensed in 2011.

On July 1, 2011, 7834080 Canada Inc., an indirect wholly-owned subsidiary of the Company, entered into an equipment purchase agreement with the shareholders of Vermont Transformer, Inc., the former U.S. affiliate of Bemag Transformer Inc. On such date, all of the equipment used by Vermont Transformer, Inc. in the operation of its business was acquired in exchange for $1.6 million. For accounting purposes the transaction was treated as a purchase of assets and the amount of consideration paid, plus transaction expenses, was attributed to the assets acquired consisting solely of machinery and equipment.

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Consolidated Statements of Shareholders' Equity (USD $) In Thousands, except Share data	Common Stock [Member]	Additional paid-in capital [Member]	Retained Earnings [Member]	Accumulated other comprehensive (loss) [Member]	Total
Balance at Dec. 31, 2010	$ 6	$ 7,541	$ 7,850	$ (305)	$ 15,092
Balance, shares at Dec. 31, 2010	5,907,255
Net earnings (loss)			(60)		(60)
Stock-based compensation		254			254
Foreign currency translation adjustment				(241)	(241)
Pension adjustment, net of taxes				(277)	(277)
Balance at Dec. 31, 2011	6	7,795	7,790	(823)	14,768
Balance, shares at Dec. 31, 2011	5,907,255
Net earnings (loss)			2,990		2,990
Stock-based compensation		270			270
Foreign currency translation adjustment				133	133
Pension adjustment, net of taxes				(246)	(246)
Balance at Dec. 31, 2012	$ 6	$ 8,065	$ 10,780	$ (936)	$ 17,915
Balance, shares at Dec. 31, 2012	5,907,255

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Goodwill and Other Intangible Assets (Changes in Goodwill and Intangible Assets) (Details) (USD $) In Thousands, unless otherwise specified	6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Dec. 31, 2012	Dec. 31, 2011
Goodwill
Balance, beginning of period	$ 6,892	$ 6,862	$ 6,862	$ 5,534
Additions due to acquisitions	1,068			1,400
Foreign currency translation	(74)		30	(72)
Balance, end of period	7,886		6,892	6,862
Intangible Assets
Beginning balance	5,329	5,585	5,585	4,436
Additions due to acquisitions				1,476
Amortization	(142)	(143)	(285)	(252)
Foreign currency translation	(70)		29	(75)
Ending balance	$ 5,117		$ 5,329	$ 5,585

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Discontinued Operations (Narrative) (Details) (Pioneer Wind Energy Systems Inc. [Member], USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2011
Pioneer Wind Energy Systems Inc. [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash asset impairment charge	$ 1.6
Estimated payment obligations charge	$ 0.6

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Pension Plan (Funded Status) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	$ 3,383	$ 2,911	$ 2,732
Pension Benefits [Member]
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	3,383	2,911
Fair value of plan assets	2,546	2,342	2,424
Accrued obligation (long term)	$ 837	$ 569

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Goodwill and Other Intangible Assets (Tables)

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Goodwill and Other Intangible Assets [Abstract]

Schedule Intangible Assets and Goodwill

Changes in goodwill and intangible asset balances for the six months ended June  30, 2013, consisted of the following (in thousands):

		Intangible
	Goodwill	assets
Balance December 31, 2012	$             6,892	$            5,329
Additions due to acquisitions	1,068	-
Amortization	-	(142)
Foreign currency translation	(74)	(70)
Balance as of June 30, 2013	$             7,886	$            5,117

Changes in goodwill and intangible asset balances for the years ended December 31, 2012 and 2011 consisted of the following (in thousands):

			Intangible
	Goodwill		assets
Balance December 31, 2010	$	5,534	$	4,436
Additions due to acquisitions		1,400		1,476
Amortization		-		(252)
Foreign currency translation		(72)		(75)
Balance as of December 31, 2011		6,862		5,585
Additions due to acquisitions		-		-
Amortization		-		(285)
Foreign currency translation		30		29
Balance as of December 31, 2012	$	6,892	$	5,329

Schedule of Intangible Assets

The components of intangible assets as of June  30, 2013 are summarized below (in thousands):

	Intangible	Accumulated	Foreign currency	Net book
	assets	amortization	translation	value
Customer relationships	$          2,962	$             (745)	$               (70)	$          2,147
Non-compete agreement	95	(78)	(1)	16
Trademarks	2,049	-	(21)	2,028
Technology-related industry accreditations	950	-	(24)	926
Total intangible assets	$          6,056	$             (823)	$             (116)	$          5,117

The components of intangible assets at December 31, 2012 are summarized below (in thousands):

	Intangible		Accumulated			Foreign currency			Net book
	assets		amortization			translation			value
Customer relationships	$	2,962	$	(617	)	$	(28	)	$	2,317
Non-compete agreement		95		(64	)		(1	)		30
Trademarks		2,049		-			(8	)		2,041
Technology-related industry accreditations		950		-			(9	)		941
Total intangible assets	$	6,056	$	(681)		$	(46)		$	5,329

Schedule of Annual Amortization Expense

Future scheduled annual amortization expense for finite life intangible assets is as follows (in thousands):

Years Ending December 31,	Total
2013	$	284
2014		265
2015		265
2016		264
2017		262
Thereafter		1,007
	$	2,347

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Pension Plan (Schedule of Fair Market Values) (Details) (Pension Benefits [Member], USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 2,546	$ 2,342	$ 2,424
Equity Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1,451	1,359
Fixed Income Securities [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	764	795
Real Estate [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	229	141
Other [Member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 102	$ 47

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Stock-Based Compensation (Schedule of Other Information) (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2010
Stock-Based Compensation [Abstract]
Weighted-average fair value of options granted (per share)	$ 1.54	$ 5.20	$ 6.70
Intrinsic value gain of options exercised
Cash receipts from exercise of options

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Other Assets (Narrative) (Details) (USD $)			1 Months Ended
	Jun. 30, 2013	Dec. 31, 2012	Jan. 31, 2012 Promissory Notes [Member] item	Dec. 31, 2011 Promissory Notes [Member] item
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of promissory notes			1	1
Principal amount			$ 300,000	$ 300,000
Accrued interest rate (in percent)			4.50%	4.50%
Notes receivables, maturity date, description			4 years	4 years
Deferred finance costs, net	$ 200,000	$ 200,000

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Pension Plan (Assumptions) (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Pension Plan [Abstract]
Weighted average discount rate used to determine the accrued benefit obligations	3.80%	4.80%
Discount rate used to determine the net pension expense	4.80%	5.50%
Expected long-term rate of return on plan assets	6.50%	6.50%

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Commitments

12 Months Ended

Dec. 31, 2012

Commitments [Abstract]

Commitments

11. Commitments

The Company leases certain offices, facilities and equipment under operating leases expiring at various dates through 2016.  At December 31, 2012 the minimum annual lease commitments under the leases having terms in excess of one year were as follows (in thousands):

	Operating
Years Ending December 31,	leases
2013	$	310
2014		85
2015		56
2016		27
2017		3
Thereafter		-
Total lease commitments	$	481

Rent and lease expense was approximately $0.8 million and $0.6 million for 2012 and 2011, respectively.

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Property, Plant and Equipment

12 Months Ended

Dec. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

7. Property, Plant and Equipment

Property, plant and equipment are summarized below (in thousands):

	December 31,
	2012		2011
Land	$	113	$	7
Buildings		3,091		1,996
Machinery and equipment		11,738		11,108
Furniture and fixtures		209		195
Computer hardware and software		929		742
Leasehold improvements		57		54
Construction in progress		397		169
		16,534		14,271
Less: accumulated depreciation		(5,597)		(4,288)
Total property, plant and equipment, net	$	10,937	$	9,983

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Income Taxes (Schedule of Earnings Before Income Taxes) (Details) (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Income Taxes [Abstract]
U.S. operations	$ (343)	$ (540)
Foreign	5,265	3,784
Income from continuing operations before income taxes	$ 4,922	$ 3,244

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Income Taxes

12 Months Ended

Dec. 31, 2012

Income Taxes [Abstract]

Income Taxes

14. Income Taxes

The components of the income tax provision were as follows (in thousands):

	Year Ended December 31,
	2012		2011
Current
Federal	$	-	$	104
State		15		12
Foreign		2,131		807
Deferred		(413)		(150)
Total income tax provision	$	1,733	$	773

The components of earnings before income taxes are summarized below (in thousands):

	Year Ended December 31,
	2012			2011
U.S. operations	$	(343	)	$	(540	)
Foreign		5,265			3,784
Income from continuing operations before income taxes	$	4,922		$	3,244

A reconciliation from the statutory U.S. income tax rate and the Company's effective income tax rate, as computed on earnings before income taxes, is as follows:

	Year Ended December 31,
	2012			2011
Federal Income tax at statutory rate		35	%		35	%
State and local income tax, net		-			-
Foreign rate differential		(8	)		(9	)
Uncertain tax positions		1			3
Foreign tax recovery		-			(11	)
Other		7			6
Effective income tax expense rate		35	%		24	%

The Company’s provision for income taxes reflects an effective tax rate on earnings before income taxes of 35% in 2012 (24% in 2011). The increase in effective tax rate during 2012 primarily reflects a tax recovery recognized in 2011 for a settlement reached with the Canadian tax authority that partially reversed an assessment recorded in 2008.

The net deferred income tax asset (liability) was comprised of the following (in thousands):

	December 31,
	2012		2011
Current deferred income taxes
Gross assets	$	563	$	753
Gross liabilities		-		-
Net current deferred income tax asset		563		753
Noncurrent deferred income taxes
Gross assets		700		679
Gross liabilities		(2,992)		(3,301)
Net noncurrent deferred income tax (liability) asset		(2,292)		(2,622)
Deferred liability, net	$	(1,729)	$	(1,869)

The tax effect of temporary differences between GAAP accounting and federal income tax accounting creating deferred income tax assets and liabilities were as follows (in thousands):

	December 31,
	2012		2011
Deferred tax assets
Canada net operating loss carry forwards	$	244	$	53
Pension plan		253		155
Foreign tax credits		497		455
Property and equipment		-		404
Other		269		365
		1,263		1,432
Less valuation allowance		-		-
Net deferred tax assets		1,263		1,432
Deferred tax liabilities
Other		(2,992)		(3,301)
Deferred liability, net	$	(1,729)	$	(1,869)

The Company believes that its deferred tax assets in other tax jurisdictions are more likely than not realizable through future reversals of existing taxable temporary differences and its estimate of future taxable income.

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits, exclusive of interest and penalties, is as follows (in thousands):

	UTP
Balance as of December 31, 2010	$	161
Increases related to tax positions taken during the period		104
Decreases related to expectations of statute of limitations		-
Balance as of December 31, 2011		265
Increases related to tax positions taken during the period		52
Decreases related to expectations of statute of limitations		-
Balance as of December 31, 2012	$	317

The Company’s policy is to recognize interest and penalties related to income tax matters as interest expense.

Management believes that an adequate provision has been made for any adjustments that may result from tax examinations. However, the outcome of tax audits cannot be predicted with certainty. If any issues addressed in the Company’s tax audits are resolved in a manner not consistent with management’s expectations, the Company could be required to adjust its provision for income taxes in the period such resolution occurs. Although timing of the resolution and/or closure of audits is highly uncertain, the Company does not believe it is reasonably possible that its unrecognized tax benefits would materially change in the next twelve months.

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Shareholders' Equity

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Shareholders' Equity [Abstract]

Shareholders' Equity

8.Shareholders’ Equity

The Company had common stock, $0.001 par value, outstanding of 5,907,255 shares as of June  30, 2013 and December 31, 2012, respectively.

As of June  30, 2013, the Company had warrants outstanding to purchase 640,000 shares of common stock with an average exercise price of approximately $14.00 per share. The warrants expire on dates beginning on December 2, 2014 and ending on April 30, 2015. No warrants were exercised during the three months ended June 30, 2013.

The board of directors is authorized, subject to any limitations prescribed by law, without further vote or action by the shareholders, to issue from time to time up to 5,000,000 shares of preferred stock, $0.001 par value, in one or more series. Each such series of preferred stock shall have such number of shares, designations, preferences, voting powers, qualifications, and special or relative rights or privileges as shall be determined by the board of directors, which may include, among others, dividend rights, voting rights, liquidation preferences, conversion rights and preemptive rights.

12. Shareholders’ Equity

The Company had common stock, $0.001 par value, outstanding of 5,907,255 shares as of December 31, 2012 and December 31, 2011, respectively.

As of December 31, 2012, the Company had warrants outstanding to purchase 640,000 shares of common stock with an average exercise price of approximately $14.00 per share. The warrants expire on dates beginning on December 2, 2014 and ending on April 30, 2015. No warrants were exercised during the years ended December 31, 2012 and 2011.

The board of directors is authorized, subject to any limitations prescribed by law, without further vote or action by the shareholders, to issue from time to time up to 5,000,000 shares of preferred stock, $0.001 par value, in one or more series. Each such series of preferred stock shall have such number of shares, designations, preferences, voting powers, qualifications, and special or relative rights or privileges as shall be determined by the board of directors, which may include, among others, dividend rights, voting rights, liquidation preferences, conversion rights and preemptive rights.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2013
Document And Entity Information [Abstract]
Entity Registrant Name	PIONEER POWER SOLUTIONS, INC.
Entity Central Index Key	0001449792
Document Type	S-1/A
Document Period End Date	Jun. 30, 2013
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Entity Filer Category	Smaller Reporting Company

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Major Customers (Narrative) (Details)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Customer One [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	19.00%	21.00%
Customer Two [Member]
Revenue, Major Customer [Line Items]
Percentage of sales	12.00%	11.00%

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Stock-Based Compensation

6 Months Ended

12 Months Ended

Jun. 30, 2013

Dec. 31, 2012

Stock-Based Compensation [Abstract]

Stock-Based Compensation

9.Stock-Based Compensation

A summary of stock option activity under the 2011 Long-Term Incentive Plan as of June  30, 2013, and changes during the six months ended June  30, 2013, are presented below:

	Stock	Weighted average	Weighted average remaining	Aggregate
	options	exercise price	contractual term	intrinsic value
Balance December 31, 2012	168,400	$            11.85	6.6	$        119,500
Granted	73,000	$              5.60	9.7	65,700
Exercised	-	-	-	-
Forfeited	-	-	-	-
Outstanding as of June 30, 2013	241,400	$              9.96	7.2	$        185,200
Exercisable as of June 30, 2013	143,667	$            13.11	6.0	$          58,673

As of June  30, 2013, there were 458,600 shares available for future grants under the Company’s 2011 Long-Term Incentive Plan.

Expense for stock-based compensation recorded for the six months ended June  30, 2013 and 2012 was approximately $119,000 and $133,000, respectively. At June  30, 2013, the Company had total stock-based compensation expense remaining to be recognized in the statement of earnings of approximately $0.2 million.

13. Stock-Based Compensation

On December 2, 2009, the Company adopted the 2009 Equity Incentive Plan (the “2009 Plan") for the purpose of issuing incentive stock options intended to qualify under Section 422 of the Internal Revenue Code of 1986, as amended, non-qualified stock options, restricted stock, stock appreciation rights, performance unit awards and stock bonus awards to employees, directors, consultants and other service providers. A total of 320,000 shares of common stock are reserved for issuance under the 2009 Plan. Options may be granted under the 2009 Plan on terms and at prices as determined by the board of directors or by the plan administrators appointed by the board of directors.

On May 11, 2011, the board of directors of the Company adopted the Pioneer Power Solutions, Inc. 2011 Long-Term Incentive Plan (the “2011 Plan”) which was subsequently approved by stockholders of the Company on May 31, 2011. The 2011 Plan replaces and supersedes the 2009 Plan. The Company’s outside directors and employees, including the Company’s principal executive officer, principal financial officer and other named executive officers, and certain contractors are all eligible to participate in the 2011 Plan. The 2011 Plan allows for the granting of incentive stock options, nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance awards, dividend equivalent rights, and other awards, which may be granted singly, in combination, or in tandem, and upon such terms as are determined by the Board or a committee of the Board that is designated to administer the Plan. Subject to certain adjustments, the maximum number of shares of the Company’s common stock that may be delivered pursuant to awards under the 2011 Plan is 700,000 shares. As of December 31, 2012, 168,400 stock options had been granted, consisting of 107,200 incentive stock options and 61,200 non-qualified stock options.

Expense for stock-based compensation recorded for the years ended December 31, 2012 and 2011 was approximately $0.3 million and $0.3 million, respectively. All of the stock-based compensation expense is included in selling, general and administrative expenses in the accompanying consolidated statements of earnings. As of December 31, 2012, the Company had total stock-based compensation expense remaining to be recognized of approximately $0.1 million.

The fair value of the stock options granted during the years ended December 31, 2012 and 2011was measured using the Black-Scholes valuation model with the following assumptions:

	Year Ended December 31,
	2012	2011
Expected Volatility	39 - 43%	46 - 50%
Expected life	3.5 - 6.0	3.5 - 6.0
Risk-free interest rate	0.70 - 1.34%	1.49 - 2.55%
Dividend yield	0%	0%

A summary of stock option activity for the years ended December 31, 2012 and 2011, and changes during the years then ended is presented below:

					Weighted
	Stock		Weighted average		average remaining		Aggregate
	options		exercise price		contractual term		intrinsic value
Balance December 31, 2010		110,000	$	15.29		-	$	-
Granted		8,400		12.29		-		-
Exercised		-		-		-		-
Forfeited		-		-		-		-
Balance December 31, 2011		118,400	$	15.07		7.0	$	-
Exercisable as of December 31, 2011		38,000	$	15.29		7.0	$	-
Balance December 31, 2011		118,400	$	15.07		7.0	$	-
Granted		50,000		4.22		7.9		74,500
Exercised		-		-		-		-
Forfeited		-		-		-		-
Outstanding as of December 31, 2012		168,400	$	11.85		6.6	$	74,500
Exercisable as of December 31, 2012		78,933	$	15.09		6.1	$	-

Intrinsic value is the difference between the market value of the stock at December 31, 2012 and the exercise price which is aggregated for all options outstanding and exercisable. A summary of the weighted-average grant-date fair value of options, total intrinsic value of options exercised, and cash receipts from options exercised is shown below (in thousands, except per share amounts):

	Year Ended December 31,
	2012		2011		2010
Weighted-average fair value of options granted (per share)	$	1.54	$	5.20	$	6.70
Intrinsic value gain of options exercised		-		-		-
Cash receipts from exercise of options		-		-		-

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Commitments (Schedule of Minimum Annual Lease Commitments) (Details) (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012
Lease Commitments [Abstract]
2013	$ 310
2014	85
2015	56
2016	27
2017	3
Thereafter
Total lease commitments	$ 481

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Commitments (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
Commitments [Abstract]
Lease expiration date	Dec. 31, 2016
Rent and lease expense	$ 0.8	$ 0.6

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Geographical Information (Schedule of Geographical Information) (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013 segment	Jun. 30, 2012	Dec. 31, 2012 segment	Dec. 31, 2011
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 21,995	$ 21,820	$ 44,546	$ 42,137	$ 83,960	$ 68,790
Property, plant and equipment	11,697		11,697		10,937	9,983
Number of material operating segments			1		1
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	12,336	14,065	26,632	26,211	53,238	42,258
Property, plant and equipment					7,202	5,902
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	8,841	7,636	16,239	15,594	30,296	25,390
Property, plant and equipment					174	283
Mexico [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Property, plant and equipment					3,561	3,798
Others [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$ 818	$ 119	$ 1,675	$ 332	$ 426	$ 1,142