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Nature of Business and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Consolidated Financial Statements Include Accounts of Subsidiaries

Principles of consolidation—Our consolidated financial statements include the accounts of the following subsidiaries:

 

 

 

% Owned As Of

December 31, 2016

 

CECO Group, Inc.

 

 

100

%

CECO Group Global Holdings LLC

 

 

100

%

CECO Filters, Inc. and Subsidiaries (“CFI”)

 

 

99

%

The Kirk & Blum Manufacturing Company

 

 

100

%

CECO Abatement Systems, Inc.

 

 

100

%

EFFOX, Inc. (“Effox”)

 

 

100

%

Fisher-Klosterman, Inc. (“FKI”)

 

 

100

%

Flextor, Inc. (“Flextor”)

 

 

100

%

Adwest Technologies, Inc. (“Adwest”)

 

 

100

%

Aarding Thermal Acoustics B.V. (“Aarding”)

 

 

100

%

Met-Pro Technologies LLC (“Met-Pro”)

 

 

100

%

Peerless Mfg. Co. (“PMFG”)

 

 

100

%

 
Number of Shares Outstanding for Calculation of Earnings (Loss) Per Share

Earnings per share—The computational components of basic and diluted earnings per share for 2016, 2015 and 2014 are below.

 

 

 

For the Year Ended December 31, 2016

 

 

 

Numerator

(Loss)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net loss and loss per share

 

$

(38,218

)

 

 

33,980

 

 

$

(1.12

)

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

—

 

 

 

—

 

 

 

—

 

Diluted net loss and loss per share

 

$

(38,218

)

 

 

33,980

 

 

$

(1.12

)

 

 

 

For the Year Ended December 31, 2015

 

 

 

Numerator

(Loss)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net loss and loss per share

 

$

(5,602

)

 

 

28,792

 

 

$

(0.19

)

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

—

 

 

 

—

 

 

 

—

 

Diluted net loss and loss per share

 

$

(5,602

)

 

 

28,792

 

 

$

(0.19

)

 

 

 

For the Year Ended December 31, 2014

 

 

 

Numerator

(Income)

 

 

Denominator

(Shares)

 

 

Per Share

Amount

 

Basic net income and earnings per share

 

$

13,077

 

 

 

25,751

 

 

$

0.51

 

Effect of dilutive securities and notes:

 

 

 

 

 

 

 

 

 

 

 

 

Common stock equivalents arising from stock options, restricted stock awards, and employee stock purchase plan

 

 

—

 

 

 

446

 

 

 

(0.01

)

Diluted net income and earnings per share

 

$

13,077

 

 

 

26,197

 

 

$

0.50