10-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE QUARTERLY PERIOD ENDED June 30, 2013

¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

FOR THE TRANSITION PERIOD FROM             TO            

Commission file number 001-13795

AMERICAN VANGUARD CORPORATION

Delaware	95-2588080
(State or other jurisdiction of Incorporation or organization)	(I.R.S. Employer Identification Number)
4695 MacArthur Court, Newport Beach, California	92660
(Address of principal executive offices)	(Zip Code)

(949) 260-1200

(Registrant’s telephone number, including area code)

(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.     Yes  x    No  ¨

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).     Yes  x    No  ¨

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

Large Accelerated Filer	x	Accelerated Filer	¨
Non-Accelerated Filer	¨	Smaller reporting company	¨

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).    Yes  ¨    No  x

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Common Stock, $.10 Par Value—28,664,462 shares as of July 29, 2013.

AMERICAN VANGUARD CORPORATION

INDEX

		Page Number
PART I—FINANCIAL INFORMATION
Item 1.	Financial Statements (unaudited)
	Consolidated Statements of Operations and Comprehensive Income for the three months and six months ended June 30, 2013 and 2012		3
	Consolidated Balance Sheets as of June 30, 2013 and December 31, 2012		4
	Consolidated Statement of Stockholders’ Equity for the three months ended March  31, 2013 and June 30, 2013		5
	Consolidated Statements of Cash Flows for the six months ended June 30, 2013 and 2012		6
	Notes to Consolidated Financial Statements		7
Item 2.	Management’s Discussion and Analysis of Financial Condition and Results of Operations		16
Item 3.	Quantitative and Qualitative Disclosures About Market Risk		23
Item 4.	Controls and Procedures		23
PART II—OTHER INFORMATION			24
Item 1.	Legal Proceedings		24
Item 6.	Exhibits		25
SIGNATURES			26

2

PART I. FINANCIAL INFORMATION

Item 1. FINANCIAL STATEMENTS

AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

(In thousands, except per share data)

(Unaudited)

	For the three months ended June 30						For the six months ended June 30
	2013			2012			2013			2012
Net sales	$	86,761		$	84,837		$	208,298		$	172,092
Cost of sales		44,695			46,491			112,451			96,368
Gross profit		42,066			38,346			95,847			75,724
Operating expenses		29,169			24,104			56,798			47,080
Operating income		12,897			14,242			39,049			28,644
Interest expense		701			721			1,248			1,456
Interest capitalized		(31	)		(112	)		(225	)		(148	)
Income before provision for income taxes		12,227			13,633			38,026			27,336
Income tax expense		3,961			4,889			12,941			9,858
Net income		8,266			8,744			25,085			17,478
Net loss attributable to non-controlling interest		120			—			216			—
Net income attributable to American Vanguard		8,386			8,744			25,301			17,478
Change in fair value of interest rate swap		174			24			352			46
Foreign currency translation adjustment		(476	)		(420	)		(69	)		122
Comprehensive income	$	8,084		$	8,348		$	25,584		$	17,646
Earnings per common share—basic	$	.29		$	.31		$	.89		$	.63
Earnings per common share—assuming dilution	$	.29		$	.30		$	.88		$	.61
Weighted average shares outstanding—basic		28,295			27,858			28,280			27,740
Weighted average shares outstanding—assuming dilution		28,886			28,737			28,884			28,544

See notes to consolidated financial statements.

3

AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except per share data)

	June 30, 2013			Dec. 31, 2012
	(Unaudited)			(Note)
ASSETS
Current assets:
Cash	$	32,414		$	38,476
Receivables:
Trade, net of allowance for doubtful accounts of $557 and $623, respectively		67,376			76,073
Income taxes receivable		148			—
Other		1,414			1,230
		68,938			77,303
Inventories		127,150			87,951
Prepaid expenses		13,411			13,710
Deferred income tax assets		4,877			4,877
Total current assets		246,790			222,317
Property, plant and equipment, net		49,828			45,701
Intangible assets		110,247			113,521
Other assets		30,372			18,351
	$	437,237		$	399,890
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current installments of long-term debt	$	70		$	16,247
Current installments of other liabilities		1,524			1,839
Accounts payable		23,953			32,838
Deferred revenue		278			20,427
Accrued program costs		88,508			32,335
Accrued expenses and other payables		8,793			8,671
Income taxes payable		—			1,313
Total current liabilities		123,126			113,670
Long-term debt, excluding current installments		40,911			36,196
Other liabilities, excluding current installments		4,291			5,425
Deferred income taxes		19,163			19,163
Total liabilities		187,491			174,454
Commitments and contingent liabilities
Stockholders’ equity:
Preferred stock, $.10 par value per share; authorized 400,000 shares; none issued		—			—
Common stock, $.10 par value per share; authorized 40,000,000 shares; issued 30,972,048 shares at June 30, 2013 and 30,766,730 shares at December 31, 2012		3,099			3,077
Additional paid-in capital		56,632			54,323
Accumulated other comprehensive loss		(1,479	)		(1,762	)
Retained earnings		196,155			174,243
		254,407			229,881
Less treasury stock, at cost, 2,310,634 shares at both June 30, 2013 and December 31, 2012		(4,804	)		(4,804	)
American Vanguard stockholders’ equity		249,603			225,077
Non-controlling interest		143			359
Total stockholders’ equity		249,746			225,436
	$	437,237		$	399,890

Note: The balance sheet at December 31, 2012 has been derived from the audited financial statements at that date.

See notes to consolidated financial statements.

4

AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY

(In thousands, except per share data)

For The Three Months Ended March 31, 2013 and June 30, 2013

(Unaudited)

	Common Stock				Additional Paid-in Capital		Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Non- Controlling Interest			Treasury Stock					Total
	Shares		Amount													Shares		Amount
Balance, December 31, 2012		30,766,730	$	3,077	$	54,323	$	174,243		$	(1,762	)	$	359			2,310,634	$	(4,804	)	$	225,436
Stocks issued under ESPP		12,263		2		376		—			—			—			—		—			378
Cash dividends on common stock ($0.07 per share)		—		—		—		(1,976	)		—			—			—		—			(1,976	)
Foreign currency translation adjustment, net		—		—		—		—			407			—			—		—			407
Stock based compensation		—		—		688		—			—			—			—		—			688
Change in fair value of interest rate swaps		—		—		—		—			178			—			—		—			178
Stock options exercised and grants of restricted stock units		144,550		15		34		—			—			—			—		—			49
Excess tax benefits from share based payment arrangements		—		—		57		—			—			—			—		—			57
Net income (loss)		—		—		—		16,915			—			(96	)		—		—			16,819
Balance, March 31, 2013		30,923,543	$	3,094	$	55,478	$	189,182		$	(1,177	)		263			2,310,634	$	(4,804	)	$	242,036
Cash dividends on common stock ($0.05 per share)		—		—		—		(1,413	)		—			—			—		—			(1,413	)
Foreign currency translation adjustment, net		—		—		—		—			(476	)		—			—		—			(476	)
Stock based compensation		—		—		1,058		—			—			—			—		—			1,058
Change in fair value of interest rate swaps		—		—		—		—			174			—			—		—			174
Stock options exercised and grants of restricted stock units		48,505		5		96		—			—			—			—		—			101
Net income (loss)		—		—		—		8,386			—			(120	)		—		—			8,266
Balance, June 30, 2013		30,972,048	$	3,099	$	56,632	$	196,155		$	(1,479	)		143			2,310,634	$	(4,804	)	$	249,746

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AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

For The Six Months Ended June 30, 2013 and 2012

(Unaudited)

Increase (decrease) in cash	2013			2012
Cash flows from operating activities:
Net income	$	25,085		$	17,478
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of fixed and intangible assets		7,461			7,046
Amortization of other long term assets		1,802			1,574
Amortization of discounted liabilities		86			396
Stock-based compensation		1,747			1,031
Tax benefit from exercise of stock options		(57	)		(160	)
Changes in assets and liabilities associated with operations:
Decrease (increase) in net receivables		8,513			(3,862	)
Increase in inventories		(39,199	)		(8,854	)
Increase in prepaid expenses and other assets		(9,837	)		(2,555	)
(Decrease) increase in income tax receivable/payable, net		(1,404	)		393
(Decrease) increase in accounts payable		(8,532	)		668
Decrease in deferred revenue		(20,149	)		(7,370	)
Increase in other payables and accrued expenses		54,529			30,883
Net cash provided by operating activities		20,045			36,668
Cash flows from investing activities:
Capital expenditures		(8,360	)		(13,061	)
Investment		(3,687	)		—
Net cash used in investing activities		(12,047	)		(13,061	)
Cash flows from financing activities:
Net borrowings under line of credit agreement		40,750			—
Payments on long-term debt		(46,000	)		(4,000	)
Payments on other long-term liabilities		(1,238	)		—
Tax benefit from exercise of stock options		57			160
Decrease in other notes payable		(6,154	)		(6,827	)
Payment of cash dividends		(1,976	)		(1,380	)
Proceeds from the issuance of common stock (sale of stock under ESPP and exercise of stock option)		527			1,285
Net cash used in by financing activities		(14,034	)		(10,762	)
Net (decrease) increase in cash		(6,036	)		12,845
Cash and cash equivalents at beginning of year		38,476			35,085
Effect of exchange rate changes on cash		(26	)		118
Cash and cash equivalents as of June 30	$	32,414		$	48,048

See notes to consolidated financial statements

6

AMERICAN VANGUARD CORPORATION AND SUBSIDIARIES

Notes to Consolidated Financial Statements

(In thousands, except share data)

(Unaudited)

1. The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation, have been included. Operating results for the six months ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

2. Property, plant and equipment at June 30, 2013 and December 31, 2012 consists of the following:

	June 30, 2013			December 31, 2012
Land	$	2,458		$	2,458
Buildings and improvements		12,768			12,537
Machinery and equipment		91,364			89,089
Office furniture, fixtures and equipment		9,108			8,400
Automotive equipment		278			312
Construction in progress		8,543			3,363
		124,519			116,159
Less accumulated depreciation		(74,691	)		(70,458	)
	$	49,828		$	45,701

3. Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out method. The components of inventories consist of the following:

	June 30, 2013		December 31, 2012
Finished products	$	115,472	$	74,900
Raw materials		11,678		13,051
	$	127,150	$	87,951

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4. Based on similar economic and operational characteristics, the Company’s business is aggregated into one reportable segment. Selective enterprise information is as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Net sales:
Insecticides	$	39,218	$	45,432	$	118,085	$	101,266
Herbicides		24,699		13,656		57,685		33,332
Other		13,228		16,204		16,919		20,583
		77,145		75,292		192,689		155,181
Non-crop		9,616		9,545		15,609		16,911
	$	86,761	$	84,837	$	208,298	$	172,092
	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Net Sales:
US sales	$	67,837	$	65,792	$	170,942	$	135,335
International sales		18,924		19,045		37,356		36,757
	$	86,761	$	84,837	$	208,298	$	172,092

5. On June 10, 2013, the Board of Directors declared a cash dividend of $0.05 per share. At that time, the Board of Directors also resolved to change the frequency of making cash dividends from semi-annual to quarterly payments. The first quarterly dividend was distributed on July 19, 2013 to stockholders of record at the close of business on July 5, 2013. Cash dividends paid July 19, 2013 totaled $1,413.

On March 11, 2013, the Board of Directors declared a cash dividend of $0.07 per share. The dividend was distributed on April 19, 2013 to stockholders of record at the close of business on April 5, 2013. Cash dividends paid April 19, 2013 totaled $1,976.

On March 8, 2012, the Board of Directors declared a cash dividend of $0.05 per share. The dividend was distributed on April 16, 2012 to stockholders of record at the close of business on April 1, 2012. Cash dividends paid in April 16, 2012 amounted to $1,380.

6. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260 Earnings Per Share (“EPS”) requires dual presentation of basic EPS and diluted EPS on the face of all income statements. Basic EPS is computed as net income divided by the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects potential dilution that could occur if securities or other contracts, which, for the Company, consists of options to purchase shares of the Company’s common stock, are exercised.

The components of basic and diluted earnings per share were as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Numerator:
Net income attributable to American Vanguard	$	8,386	$	8,744	$	25,301	$	17,478
Denominator:
Weighted averages shares outstanding-basic		28,295		27,858		28,280		27,740
Assumed exercise of stock options and restricted shares-fully diluted		591		879		604		804
		28,886		28,737		28,884		28,544

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7. Substantially all of the Company’s assets are pledged as collateral with its banks.

The Company has various loans in place that together constitute the short-term and long-term loan balances shown in the balance sheet at June 30, 2013 and December 31, 2012. These are summarized in the following table:

Indebtedness	June 30, 2013						December 31, 2012
$000’s	Long-term		Short-term		Total		Long-term		Short-term		Total
Term loan	$	—	$	—	$	—	$	36,000	$	10,000	$	46,000
Working capital revolver		40,750		—		40,750		—		—		—
Notes payable on product acquisitions and asset purchase		161		70		231		196		6,247		6,443
Total indebtedness	$	40,911	$	70	$	40,981	$	36,196	$	16,247	$	52,443

As more fully reported in the Company’s Form 8-K (filed with the SEC on June 20, 2013), on June 17, 2013, AMVAC Chemical Corporation (“AMVAC”), the Company’s principal operating subsidiary, as borrower, and affiliates (including the Company), as guarantors and/or borrowers, entered into a Second Amended and Restated Credit Agreement (the “New Credit Agreement”) with a group of commercial lenders led by Bank of the West (AMVAC’s primary bank) as agent, swing line lender and L/C issuer. The new facility also includes both AMVAC CV and AMVAC Netherlands BV (both Dutch subsidiaries) as borrowers. The New Credit Agreement supersedes the Amended and Restated Credit Agreement (“First Amendment”) dated as of January 10, 2011 and more fully described in the Company’s Form 8-K filed on January 13, 2011. The New Credit Agreement is a senior secured lending facility with a five year term and consists of a revolving line of credit of $200 million and an accordion feature for up to $100 million. In connection with AMVAC’s entering into the New Credit Agreement, all outstanding indebtedness under the First Amendment was rolled over into the New Credit Agreement, and term loans were converted into revolving debt.

At June 30, 2013, the Company had in place one interest rate swap contract with a notional amount of $40,500 that is accounted for under FASB ASC 815 as a cash flow hedge. The effective portion of the gains or losses on the interest rate swap are reported as a component of other comprehensive income and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. Losses in other comprehensive income expected to be reclassified to earnings in the coming 12 months are $616. Amounts recorded in earnings for hedge ineffectiveness for the period ending June 2013 were immaterial.

The following tables illustrate the impact of derivatives on the Company’s income statement for the three months and six months ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Financial Performance

For the Period Ended June 30

For the three months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013		2012
Interest rate contracts	$	(7	)	$	(159	)		Interest Expense	$	(181	)	$	(183	)		Interest Expense	$	—	$	—
Total	$	(7	)	$	(159	)			$	(181	)	$	(183	)			$	—	$	—

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(337	)
Total		$	—	$	(337	)

9

For the six months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013			2012
Interest rate contracts	$	(14	)	$	(322	)		Interest Expense	$	(366	)	$	(368	)		Interest Expense	$	(1	)	$	(1	)
Total	$	(14	)	$	(322	)			$	(366	)	$	(368	)			$	(1	)	$	(1	)

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(192	)
Total		$	—	$	(192	)

The Company has three key covenants to its senior, secured credit facility with its banking syndicate. The covenants are as follows: (1) the Company must maintain its borrowings below a certain consolidated funded debt ratio, (2) the Company has a limitation on its annual spending on the acquisition of fixed asset capital additions, and (3) the Company must maintain a certain consolidated fixed charge coverage ratio. As of June 30, 2013 the Company met all covenants in that credit facility.

At June 30, 2013, based on its performance against the most restrictive covenants listed above, the Company had the capacity to increase its borrowings by up to $159,250 under the credit facility agreement.

8. Reclassification—certain items may have been reclassified (if appropriate), in the prior period consolidated financial statements to conform to the most recent financial statements presented.

9. Total comprehensive income includes, in addition to net income, changes in equity that are excluded from the consolidated statements of operations and are recorded directly into a separate section of stockholders’ equity on the consolidated balance sheets.

10. Stock Based Compensation Expense—The Company accounts for stock-based awards to employees and directors in accordance with FASB ASC 718, “Share-Based Payment,” which requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors, including shares of common stock granted for services, employee stock options, and employee stock purchases related to the Employee Stock Purchase Plan (“employee stock purchases”) based on estimated fair values.

10

Stock Options—During the six months ended June 30, 2013, the Company did not grant any employees options to acquire shares of common stock.

Option activity within each plan is as follows:

	Incentive Stock Option Plans			Weighted Average Price Per Share		Exercisable Weighted Average Price Per Share
Balance outstanding, December 31, 2012		705,345		$	7.70	$	7.95
Options granted		—			—
Options exercised, $7.50		(6,666	)		7.50
Options expired or forfeited		(6,667	)		7.50
Balance outstanding, March 31, 2013		692,012		$	7.71	$	7.96
Options granted		—			—
Options exercised, $7.50		(13,333	)		7.50
Options expired or forfeited		—			—
Balance outstanding, June 30, 2013		678,679		$	7.71	$	8.07

Information relating to stock options at June 30, 2013 summarized by exercise price is as follows:

	Outstanding Weighted Average						Exercisable Weighted Average
Exercise Price Per Share	Shares		Remaining Life (Months)		Exercise Price		Shares		Exercise Price
Incentive Stock Option Plan:
$7.50		652,000		85	$	7.50		146,000	$	7.50
$11.32—$14.75		26,679		86	$	12.90		16,679	$	13.08
		678,679			$	7.71		162,679	$	8.07

The weighted average exercise prices for options granted and exercisable and the weighted average remaining contractual life for options outstanding as of June 30, 2013 was as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Months)		Intrinsic Value (thousands)
As of June 30, 2013:
Incentive Stock Option Plans:
Outstanding		678,679	$	7.71		85	$	10,633
Expected to Vest		674,823	$	7.71		85	$	10,573
Exercisable		162,679	$	8.07		72	$	2,490

During the six months ended June 30, 2013 and 2012, the Company recognized stock-based compensation expense, excluding expense associated with modifications, related to stock options of $423 and $432, respectively.

As of June 30, 2013, the Company had approximately $400 of unamortized stock-based compensation expenses related to unvested stock options outstanding. This amount will be recognized over the weighted-average period of 0.5 years. This projected expense will change if any stock options are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

11

Restricted Shares—A status summary of non-vested shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares			Weighted Average Grant- Date Fair Value
Nonvested shares at December 31, 2012		245,817		$	20.23
Granted		145,884		$	31.27
Vested		—		$	—
Forfeited		(8,000	)	$	22.17
Nonvested shares at March 31, 2013		383,701		$	24.39
Granted		8,230		$	30.37
Vested		(8,230	)	$	30.37
Forfeited		—		$	—
Nonvested shares at June 30, 2013		383,701		$	24.39

Restricted stock grants — During the six months ended June 30, 2013, the Company granted a total of 154,114 shares of common stock. Of these, 3,000 shares will vest one-third each year on the anniversaries of the employee’s employment date, 8,230 shares vests immediately, and the balance will cliff vest after three years of service. The shares granted in 2013 were average fair valued at $31.22 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The Company is recognizing as expense the value of restricted shares over the required service period.

During the six months ended June 30, 2012, the Company granted a total of 207,184 of common stock. Of these, 12,204 shares vest immediately and the balance will cliff vest after three years of service. The shares granted in 2012 were average fair valued at $20.45 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The Company is recognizing as expense the value of restricted shares over the required service period. During the six months ended June 30, 2012, there were 82,640 restricted shares that vested, which had an average grant-date value of $11.73 per share and an average vest-date value of $17.58 per share. During the six months ended June 30, 2012, there were 1,367 restricted shares that were forfeited, which had an average grant date value of $20.47 per share.

During the six months ended June 30, 2013 and 2012, the Company recognized stock-based compensation expense related to restricted shares of $1,297 and $599, respectively.

As of June 30, 2013, the Company had approximately $7,132 of unamortized stock-based compensation expenses related to unvested restricted shares. This amount will be recognized over the weighted-average period of 2.3 years. This projected expense will change if any restricted shares are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

12

Performance Based Shares—A status summary of non-vested performance based shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares		Weighted Average Grant- Date Fair Value
Nonvested shares at March 31, 2013		—	$	—
Granted		26,942	$	30.13
Vested		—	$	—
Forfeited		—	$	—
Nonvested shares at June 30, 2013		26,942	$	30.13

Performance Based Shares — During the six months ended June 30, 2013, the Company granted a total of 26,942 performance based shares that will cliff vest after three years of service. 80% of these performance based shares are based upon net income and net sales for the period commencing April 1, 2013 and ending December 31, 2015; the remaining 20% of performance based shares are based upon AVD stock price appreciation over the course of the period commencing June 6, 2013 and ending on December 31, 2015. Both parts of these awards vest in three years, but are subject to reduction to a minimum (or even zero) for meeting less than the targeted performance and to increase to a maximum of 200% for meeting in excess of the targeted performance.

The performance based shares related to net income and net sales were average fair valued at $30.13 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The performance based shares related to AVD stock price were average fair valued at $15.31 per share. The fair value was determined by using the Monte Carlo valuation method. The Company is recognizing as expense the value of these shares over the required service period of three years.

During the six months ended June 30, 2013, the Company recognized stock-based compensation expense related to performance based shares of $26. There were no performance based shares issued by the Company prior to those issued during the quarter ended June 30, 2013.

As of June 30, 2013, the Company had approximately $716 of unamortized stock-based compensation expenses related to unvested performance based shares. This amount will be recognized over the weighted-average period of 2.9 years. This projected expense will change if any performance based shares are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

11. Legal Proceedings—Summarized below are litigation matters in which there has been material activity or developments during the three month period ended June 30, 2013.

A. DBCP Cases—Delaware

On or about July 21, 2011, an action encaptioned, Blanco v. AMVAC Chemical Corporation et al., was filed with the Superior Court of the State of Delaware in and for New Castle County (No. N11C-07-149 JOH) on behalf of an individual plaintiff, residing in Costa Rica, against several defendants, including, among others, AMVAC, The Dow Chemical Company, Occidental Chemical Corporation, and Dole Food Company. In the action, plaintiff claims personal injury (sterility) arising from the alleged exposure to DBCP between 1979 and 1980 while working as a contract laborer in a banana plantation in Costa Rica. Defendant Dow filed a motion to dismiss the action as being barred under the applicable statute of limitations, as this same plaintiff filed the same claim in Florida in 1995 and subsequently withdrew the matter. Plaintiff contends that the statute of limitations was tolled by a prior motion for class certification, which was denied. AMVAC contends that the plaintiff could not have been exposed to any DBCP supplied by AMVAC in Costa Rica. On August 8, 2012, the court denied Dow’s motion to dismiss based upon applicable statutes of limitation. In response to that denial, on

13

August 20, 2012, defendants filed a motion for interlocutory appeal and, on September 18, 2012, the Delaware Supreme Court granted interlocutory appeal on the question of whether the State of Delaware will recognize cross jurisdictional tolling (that is, whether it is proper for a Delaware court to follow the class action tolling of another jurisdiction, in this case, Texas, rather than its own two year statute of limitations). Pending the ruling on appeal, the Blanco matter was stayed. A similar case (referred to as Chaverri in the Company’s Form 10-K for the period ended December 31, 2012) involving claims for personal injury allegedly arising from exposure to DBCP on behalf of 235 banana workers from Costa Rica, Ecuador and Panama was also stayed pending the ruling. The Delaware Supreme Court heard oral argument on April 10, 2013 and on June 10, 2013, denied the appeal and upheld the lower court ruling in Blanco, holding that it was proper to extend the class action tolling exception to cross-jurisdictional class action cases. With that ruling, both the Blanco and Chaverri matters remain pending. AMVAC intends to defend both of these matters vigorously and, at this early stage of litigation, does not believe that a loss is either probable or reasonably estimable and has not set up a loss contingency for either matter.

12. Recently Issued Accounting Guidance— In February 2013, The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income (OCI). Specifically, (1) disclosure is required of the changes in components of accumulated OCI, (2) disclosure is required of the effects on individual line items in net income for each item of accumulated OCI that is reclassified in its entirety to net income, and (3) cross references are required to other disclosures that provide additional details for OCI items that are not reclassified in their entirety to net income. The requirements of ASU 2013-02 apply to all entities (i.e., both public and nonpublic) that report items of OCI in any period presented. ASU 2013-02 is effective prospectively for reporting periods beginning after December 15, 2012.

In October 2012, FASB issued ASU No. 2012-04, Technical Corrections and Improvements. This update primarily makes amendments to various Codifications to (1) conform the format and writing style of certain guidance carried forward without modification from pre-Codification pronouncements, (2) to correct references and provide clarification through updated language, and (3) to relocate guidance within the Codification to a more appropriate location. In addition, ASU No. 2012-4 conforms the use of the term fair value throughout the Codification to reflect fully the measurement and disclosure requirements of FASB ASC Topic 820, Fair Value Measurement and Disclosures (e.g. to replace the terms “market value” and “mark-to-market” with “fair value” and “subsequently measure at fair value,” respectively). The majority of the amendments do not change the accounting practice. However, where applicable, the Company will apply the updates.

13. Fair Value of Financial Instruments—The carrying values of cash, receivables and accounts payable approximate their fair values because of the short maturity of these instruments. The fair value of the Company’s long-term debt and note payable to the bank is estimated based on the quoted market prices for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities. Such fair value approximates the respective carrying values of the Company’s long-term debt and note payable to the bank.

The Company’s cash flow hedge related to a variable debt instrument and outstanding foreign currency derivatives used to hedge foreign currency balances are measured at fair value on a recurring basis, and the balances as of June 30, 2013 and December 31, 2012 (which are included in other assets, net and accrued and other liabilities in the consolidated balance sheets) were as follows:

	Fair Value Measurements Using Input Type
	Level 1		Level 2		Level 3
As of June 30, 2013:
Liability:
Foreign currency derivative financial instrument	$	—	$	—	$	—
Interest rate derivative financial instruments (1)	$	—	$	848	$	—
As of December 31, 2012:
Liability:
Foreign currency derivative financial instrument	$	—	$	160	$	—
Interest rate derivative financial instruments (1)	$	—	$	1,201	$	—

(1) Includes accrued interest expense

14

The valuation techniques used to measure the fair value of the derivative financial instruments above in which the counterparties have high credit ratings, were derived from pricing models, such as discounted cash flow techniques, with all significant inputs derived from or corroborated by observable market data. The Company’s discounted cash flow techniques use observable market inputs, such as LIBOR-based yield curves and foreign currency forward rates.

14. Accumulated Other Comprehensive Income—

The following table lists the beginning balance, annual activity and ending balance of each component of accumulated other comprehensive income:

	Interest Rate Swap			FX Translation			Total
Balance, December 31, 2012	$	(728	)	$	(1,034	)	$	(1,762	)
Current period, other comprehensive income		178			407			585
Balance, March 31, 2013	$	(550	)	$	(627	)	$	(1,177	)
Current period, other comprehensive income		174			(476	)		(302	)
Balance, June 30, 2013	$	(376	)	$	(1,103	)	$	(1,479	)

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Item 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS (Numbers in thousands)

FORWARD-LOOKING STATEMENTS/RISK FACTORS:

The Company, from time-to-time, may discuss forward-looking statements including assumptions concerning the Company’s operations, future results and prospects. These forward-looking statements are based on current expectations and are subject to a number of risks, uncertainties and other factors. In connection with the Private Securities Litigation Reform Act of 1995, the Company provides the following cautionary statements identifying important factors which, among other things, could cause the actual results and events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions contained in the entire Report. Such factors include, but are not limited to: product demand and market acceptance risks; the effect of economic conditions; weather conditions; changes in regulatory policy; the impact of competitive products and pricing; changes in foreign exchange rates; product development and commercialization difficulties; capacity and supply constraints or difficulties; availability of capital resources; general business regulations, including taxes and other risks as detailed from time-to-time in the Company’s reports and filings filed with the U.S. Securities and Exchange Commission (the “SEC”). It is not possible to foresee or identify all such factors. For more detailed information, refer to Item 1A., Risk factors and Item 7A., Quantitative and Qualitative Disclosures about Market Risk, in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

RESULTS OF OPERATIONS

Quarter Ended June 30:

	2013			2012			Change
Net sales:
Insecticides	$	39,218		$	45,432		$	(6,214	)
Herbicides		24,699			13,656			11,043
Other		13,228			16,204			(2,976	)
Total Crop		77,145			75,292			1,853
Non-crop		9,616			9,545			71
	$	86,761		$	84,837		$	1,924
Cost of sales:
Insecticides	$	21,386		$	24,697		$	(3,311	)
Herbicides		11,958			8,988			2,970
Other		6,910			8,045			(1,135	)
Total crop		40,254			41,730			(1,476	)
Non-crop		4,441			4,761			(320	)
	$	44,695		$	46,491		$	(1,796	)
Gross margin:
Insecticides	$	17,832		$	20,735		$	(2,903	)
Herbicides		12,741			4,668			8,073
Other		6,318			8,159			(1,841	)
Gross margin crop		36,891			33,562			3,329
Gross margin non-crop		5,175			4,784			391
	$	42,066		$	38,346		$	3,720
Gross margin crop		48	%		45	%
Gross margin non-crop		55	%		50	%
Total gross margin		49	%		45	%
	2013			2012			Change
Net sales:
US sales	$	67,837		$	65,792		$	2,045
International sales		18,924			19,045			(121	)
	$	86,761		$	84,837		$	1,924

Financial performance for the quarter ended June 30, 2013 included net sales that were up 2.3% to $87,761 compared to $84,837 for the second quarter of 2012. This revenue performance is now the highest second quarter sales performance recorded by the Company. Our gross profit performance improved and ended at $42,066 or 48% of sales as compared $38,346 or 45% of sales last year. Our operating costs for the period increased as a percentage of sales primarily because these are substantially fixed costs which have been put in place to support long-term development and growth of the business, and also included some significant one-time costs as more fully described in our discussion of operating expenses. Our tax rate improved and our net income attributed to American Vanguard, which was down 4% from the prior year, was nevertheless at our target rate of 10% of net sales. Net sales for our crop business were up by approximately 2.5%, while net sales for non-crop products were up by about 1% for the comparable period of the prior year. A more detailed discussion of general market conditions and sales performance by category of products appears below.

Second quarter financial performance was significantly influenced by weather in the United States. Continuous rainfall in the Midwest created considerable difficulties in the planting of the 2013 corn crop. In some areas of northern Iowa and southern Minnesota, field flooding made it impossible to get the crop planted. In other areas of the Corn Belt, persistent rainy weather minimized the days available to plant, causing many growers to bypass some crop defense applications at the time of planting, in order to focus exclusively on getting their seed into the ground. While wet conditions did not adversely affect the sales of either our corn insecticides or corn herbicide for the reporting period, they did affect the use of these products, leaving higher than normal stocks in customers’ inventories. Similar conditions in the Southern U.S. had the effect of shortening the necessary growing season, prompted some cotton growers to switch their acres to soybeans and, in turn, led to a drop in the sale of our cotton products. In addition to persistent wet conditions, our sales performance was affected by a drop in peanut acres.

16

Net sales of our total insecticide group were down about 13%, at $39,218 as compared to $45,432 during the second quarter of 2012. Net sales of our granular soil insecticides (“GSIs”) were up approximately 1% over that of the comparable quarter in 2012, led by our four products for corn (Aztec, SmartChoice, Counter and Force) — offset by a more than 50% decline in Thimet sales attributable to fewer peanut acres being planted in 2013. Our non-GSI insecticides posted lower sales during the second quarter (down about 40%) primarily due to lighter purchases of our cotton product Bidrin – a direct consequence of the wet weather induced shift from cotton to soybeans plantings—as discussed above.

Within the group of herbicides/fungicides/fumigants, net sales for the second quarter of 2013 increased by approximately 81% to $24,699 from $13,656 in the comparable period of 2012. Net sales of our herbicide products nearly tripled, due primarily to strong sales of our post-emergent corn herbicide, Impact. We benefitted from our continuing co-marketing agreement with Monsanto and the greater supply availability that we secured this year. Our fumigant sales were lower as a result of some localized irrigation restrictions in California. Our fungicide PCNB continued to recapture business, roughly doubling its prior year quarterly sales level.

Within the group of other products (which includes plant growth regulators, molluscicides and tolling activity), our net sales dropped by about 20% as compared to those in the second quarter of 2012. This decrease was due largely to a decline in sales of our cotton harvest defoliant, Folex, as lower cotton plantings caused a slowdown in purchases during the spring before subsequent use of the product in the autumn.

Our non-crop sales ended the second quarter of 2013 at $9,616 as compared to $9,545 for the same period of the prior year. This slight increase resulted from sales of our mosquito adulticide Dibrom^®, which was up 25% as a result of wet conditions discussed above and in preparation for the potential of autumn Gulf Coast hurricane activity, offset by declines in tolling revenues.

Our cost of sales for the second quarter of 2013 was $44,695 or 51% of net sales. This compared to $46,491 or 55% of net sales for 2012. The Company aggregates a number of key variable, semi-variable and fixed cost components within reported cost of sales. The two major components are raw materials (including sub contract costs) and factory operating costs. As a result of a change in the sales mix and volume, our absolute expense for raw materials reduced by 4% in the quarter ended June 30, 2013, as compared to the same period of the prior year. Within this change, our actual purchasing cost for raw material increased by 0.8%. Furthermore, with increased demand for plant capacity relating to the production of our own products, we continued to reduce volume manufacturing activity for third parties. Typically, these activities included some raw materials supplied by the customer and, as such, tend to have lower raw material cost (as a percentage of sales) reported by the Company. Our factory operating costs (which include fixed and semi-variable costs) increased by 22%, supporting the forecasted increase in sales revenue for the second quarter and for the balance of the year. Some production ended in inventory because of the unexpected prolonged adverse weather conditions in our key markets. Costs also increased by approximately 3% for inflation. The changes in selling price, volume, product mix and cost of sales resulted overall in a 4% improvement in gross margin to 49% in 2013 as compared to 45% for the same period of the prior year.

It should be noted that, when making comparisons with other companies’ financial statements, the Company reports distribution costs in operating expenses and not as part of cost of sales.

Operating expenses increased by $5,065 to $29,169 for the three months ended June 30, 2013 as compared to the same period in 2012. The differences in operating expenses by department are as follows:

	2013		2012		Change
Selling	$	8,451	$	6,401	$	2,050
General and administrative		9,958		7,776		2,182
Research, product development and regulatory		5,068		4,967		101
Freight, delivery and warehousing		5,692		4,960		732
	$	29,169	$	24,104	$	5,065

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• Selling expenses increased by approximately 32% over the same quarter of the prior year. The main drivers for increased overall expenses were costs associated with servicing our growing business including an expanded sales force, field stewardship activities and advertising and promotion expenses.

• General and administrative expenses increased by 28% to $9,958 as compared to $7,776 for the same period of the prior year. The main drivers for the increase are primarily related to higher legal costs associated with a data compensation matter, which concluded in July, other outside consulting services associated with business development including our international structure and extra personnel costs in support of our expanding business.

• Research, product development costs and regulatory expenses increased by about 2% over the comparable three month period of the prior year, driven by timing and mix on external regulatory projects.

• Freight, delivery and warehousing costs increased by about 15%, which was driven primarily by mix of products and markets. We continue to focus on managing logistics expenses throughout our supply chain. As a percentage of sales, freight ended at 6.6% of sales for the three months ended June 30, 2013 as compare to 5.8% for the same period of the prior year.

Interest costs net of capitalized interest, were $670 in the three months ended June 30, 2013, as compared to $609 in the same period of 2012. Interest costs are summarized in the following table:

Average Indebtedness and Interest expense

	Q2 2013								Q2 2012
	Average Debt		Interest Expense			Interest Rate			Average Debt		Interest Expense			Interest Rate
Term loan	$	42,054	$	407			3.9	%	$	51,956	$	477			3.7	%
Working capital revolver		33,725		189			2.2	%		—		—			—
Average		75,779		596			3.1	%		51,956		477			3.7	%
Other notes payable		242		2			3.3	%		6,223		54			12.8	%
Capitalized interest		—		(31	)		—			—		(112	)		—
Amortization of deferred loan fees		—		38			—			—		32			—
Amortization of other deferred liabilities		—		56			—			—		143			—
Other interest expense		—		9			—			—		15			—
Adjusted average indebtedness	$	76,021	$	670			3.5	%	$	58,179	$	609			4.2	%

The Company’s average overall debt for the three months ended June 30, 2013 was $76,021 as compared to $58,179 for the three months ended June 30, 2012. Furthermore, during the three months to June 30, 2013, we incurred non-cash costs related to amortization of discounting of deferred payments and other interest expense in the amount of $74 as compared to $132 for the same period of the prior year. As can be seen from the table above, the effective rate on our bank borrowings was 3.1% for the period to June 30, 2013 as compared to 3.7% for the same period of the prior year. Our overall effective interest rate was 3.5% for the three months ended June 30, 2013 as compared to 4.2% at June 30, 2012.

Income tax expense has decreased by $928 to end at $3,961 for the three months ended June 30, 2013 as compared to $4,889 for the comparable period in 2012. The effective tax rate for the quarter was 32.40% as compared to 35.86% in the same period of the prior year. The reduction in the rate is primarily driven by the increased benefit from domestic production activities, Alabama income tax capital credit, and higher foreign income.

Our overall net income attributed to American Vanguard for the three months ended June 30, 2013 was $8,386 or $0.29 per share (diluted) as compared to $8,744 or $0.30 per share (diluted) in the same quarter of 2012.

18

Six Months Ended June 30:

	2013			2012			Change
Net sales:
Insecticides	$	118,085		$	101,266		$	16,819
Herbicides		57,685			33,332			24,353
Other		16,919			20,583			(3,664	)
Total crop		192,689			155,181			37,508
Non-crop		15,609			16,911			(1,302	)
	$	208,298		$	172,092		$	36,206
Cost of goods sold:
Insecticides	$	65,677		$	52,760		$	12,917
Herbicides		29,948			21,774			8,174
Other		8,300			13,082			(4,782	)
Total crop		103,925			87,616			16,309
Non-crop		8,526			8,752			(226	)
	$	112,451		$	96,368		$	16,083
Gross margin:
Insecticides	$	52,408		$	48,506		$	3,902
Herbicides		27,737			11,558			16,179
Other		8,619			7,501			1,118
Gross margin crop		88,764			67,565			21,199
Gross margin non-crop		7,083			8,159			(1,076	)
	$	95,847		$	75,724		$	20,123
Gross margin crop		46	%		44	%
Gross margin non-crop		46	%		48	%
Total gross margin		46	%		44	%
	2013			2012			Change
Net sales:
US sales	$	170,942		$	135,335		$	35,607
International sales		37,356			36,757			599
	$	208,298		$	172,092		$	36,206

Overall financial performance including net sales and net income for the six month period ended June 30, 2013 showed considerable improvement as compared to the same period in 2012. Net sales for the period were up approximately 21% to $208,298 compared to $172,092 for the first half of 2012. Our gross profit performance improved to $95,847 or 46% of net sales, as compared to $75,724 or 44% of net sales. Our operating expenses remained flat as a percentage of net sales at 27%, despite our continuing investment in resources aimed at growing, developing and maintaining our business for the long-term. Our tax rate improved from 36% of taxable income to 34%. Further, net income attributed to American Vanguard was up approximately 45% to $25,301 (or 12.1% of net sales) as compared to $17,478 (or 10.2% of net sales) for the same period in 2012. Net sales for our crop business were up by approximately 24%, while net sales for non-crop products were down by about 8% for the comparable period of the prior year. A more detailed discussion of general market conditions and sales performance by category of products appears below.

Over the course of the first half of 2013, the Company experienced strong fundamental demand despite unfavorable weather conditions in many of its prime crop markets. Extremely wet conditions across the Central and Southern regions of the continental United States delayed corn and cotton planting, shortened the growing season and caused many growers to plant their crops without taking the time to perform various crop protection measures or, alternatively, to forgo corn in favor of planting soybeans which requires a shorter growing period. As a result, AVD’s first half performance was characterized by robust first quarter sales on strong demand, and second quarter sales roughly flat with the prior year. This culminated in higher than normal in channel inventories at the end of the planting season. Despite these recent planting difficulties, growers continue to embrace the importance of conventional chemistry solutions for yield enhancement as part of integrated pest management practices.

Half year net sales of our insecticides group were up about 17% to $118,085 as compared to $101,266 during the first half of 2012. Within this segment, net sales of our granular soil insecticides (“GSIs”) were up approximately 28% over that of the comparable period in 2012. Our premier corn soil insecticide Aztec increased nearly 93% and our SmartChoice product tripled in sales to lead this surge. Thimet sales declined due to decreased peanut acres being planted in 2013. Net sales of our non-GSI insecticides were approximately 36% lower during the first half of 2013 as compared to the same period of the prior year, largely because sales of our foliar cotton insecticide Bidrin were reduced due to lower cotton plantings.

19

Within the group of herbicides/fungicides/fumigants, net sales for the first half of 2013 were 73% higher as compared to the first half of 2012. Net sales of our herbicide products tripled, led by our post-emergent corn herbicide Impact. AVD continues to benefit from the co-marketing program with Monsanto’s Roundup herbicide brands and from increased supply availability. Partially offsetting this gain, we experienced a modest decline in net sales of our herbicide Dacthal^® used in high value vegetable crop applications and a slight sales decline for our soil fumigants in the first half of 2013, as compared to the same period of the prior year.

Within the group of other products (which includes plant growth regulators, molluscicides and tolling activity), our net sales dropped by about 18% as compared to those in the first half of 2012. Contributing to this decrease were lower sales of our cotton harvest aid, Folex, due to a drop in cotton acres planted and declines in toll manufacturing revenues and pharmaceutical sales.

Our non-crop sales for the first half of 2012 were $15,609 as compared to $16,911 for the same period of the prior year. Sales of our mosquito adulticide Dibrom^®, were essentially flat, while we saw a decline in net sales of our Pest Strip business driven by timing of customer orders.

Our cost of sales for first six months of 2013 was $112,451 or 54% of net sales. This compared to $96,368 or 56% of net sales for 2012. The Company aggregates a number of key variable, semi-variable and fixed cost components within reported cost of sales. The two major components are raw materials (including sub contract costs) and factory operating costs. As a result of significantly higher sales volumes and a different mix of products sold, our absolute total cost of raw materials increased by approximately 14%, driven by sales up 21%. Within this increased cost, our actual purchasing costs for raw materials increased by 1.1%. During 2013 the Company continued to focus on selling higher margin and higher cost products and de-emphasized lower margin, lower cost products facing generic competition. Our factory operating costs (which include fixed and semi-variable costs) increased by 28%, supporting the forecast increase in sales revenue referenced and approximately a 3% increase in inflation. The changes in selling price, volume, product mix and cost of sales resulted overall in a 2% improvement in gross margin to 46% in 2013 as compared to 44% for the same period of the prior year.

It should be noted that, when making comparisons with other companies’ financial statements, the Company reports distribution costs in operating expenses and not as part of cost of sales.

Operating expenses increased by $9,718 to $56,798 for the six months ended June 30, 2013, as compared to the same period in 2012. The differences in operating expenses by department are as follows:

	2013		2012		Change
Selling	$	15,682	$	12,115	$	3,567
General and administrative		20,171		13,828		6,343
Research, product development and regulatory		9,612		10,472		(860	)
Freight, delivery and warehousing		11,333		10,665		668
	$	56,798	$	47,080	$	9,718

• Selling expenses for the period increased by about 29% over the comparable period. This increase is driven by higher costs associated with advertising and promotions, field stewardship costs and an expanded sales force.

• General and administrative expenses increased by about 46% over the same period of 2012. The main drivers are the increased size and cost of our support organization, higher incentive compensation as a result of our business performance, and additional legal costs on a data compensation matter that concluded in July 2013.

• Research, product development costs and regulatory expenses decreased by about 8% when compared to the same period of 2012. This is as a result of timing and mix of external regulatory studies.

• Freight, delivery and warehousing costs for the six months ended June 30, 2013 were $11,333 or 5.4% of sales as compared to $10,665 or 6.2% of sales for the same period in 2012. This reflects sales which were up 21% including significantly higher sales of our Impact product which, because of packaging and concentration, has lower freight costs.

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Interest costs net of capitalized interest, were $1,023 in the six months of 2013 as compared to $1,308 in the same period of 2012. Interest costs are summarized in the following table:

Average Indebtedness and Interest expense

	Six months ended June 30, 2013								Six months ended June 30, 2012
	Average Debt		Interest Expense			Interest Rate			Average Debt		Interest Expense			Interest Rate
Term loan	$	47,023	$	880			3.7	%	$	52,956	$	973			3.7	%
Working capital revolver		16,956		189			2.2	%		—		—			—
Average		63,979		1,069			3.3	%		52,956		973			3.7	%
Other notes payable		327		4			2.4	%		6,453		110			3.4	%
Interest income		—		—			—			—		—			—
Capitalized interest		—		(225	)		—			—		(148	)		—
Amortization of deferred loan fees		—		70			—			—		64			—
Amortization of other deferred liabilities		—		86			—			—		284			—
Other interest expense		—		19			—			—		25			—
Adjusted average indebtedness	$	64,306	$	1,023			3.2	%	$	59,409	$	1,308			4.4	%

The Company’s average overall debt for the six months ended June 30, 2013 was $64,306 as compared to $59,409 for the same period of 2012. Furthermore, during the six months to June 30, 2013, we incurred non-cash costs related to amortization of discounting of deferred payments and other interest income in the amount of $46 as compared to interest expense of $335 for the same period of the prior year. As can be seen from the table above, the effective rate on our bank borrowings was 3.3% for the period to June 30, 2013 as compared to 3.7% for the same period of the prior year. Our overall effective interest rate was 3.2% for the six months ended June 30, 2013 as compared to 4.4% in the same period of 2012.

During the three months ended June 30, 2013, the Company borrowed under its revolving credit line to fund working capital needs (principally inventory) until the main accounts receivable payments became due on June 15, 2013. During the period beginning on April 15 and ending on June 7 2013, the Company borrowed up to $53,000 before paying the revolving credit line down following receiving payments from customers on accounts receivable.

Income tax expense has increased by $3,083 to end at $12,941 for the six months ended June 30, 2013 as compared to $9,858 for the comparable period in 2012. The effective tax rate for the six months is 34.03% as compared to 36.06% in the same period of the prior year. The reduction in the rate is primarily driven by the increased benefit from domestic production activities, Alabama income tax capital credit, and higher foreign income.

Our overall net income attributed to American Vanguard for the six months of 2013 was $25,301 or $0.88 per share (diluted) as compared to $17,478 or $0.61 per share (diluted) in the same period of 2012.

LIQUIDITY AND CAPITAL RESOURCES

The Company generated $20,045 of cash in operating activities during the six months ended June 30, 2013. This compared to $36,668 in the same period of last year. Net income of $25,085, the sum of non-cash depreciation, amortization of intangibles, other assets and discounted future liabilities equaled $9,349 and stock based compensation expense of $1,747 provided a net cash inflow $36,121 compared to $27,365 for the same period last year.

During the six months ended June 30, 2013, the Company had very strong sales of its key corn products during the first three months, followed by a flattening of sales during the second three-month period. Sales of our Herbicide products have gone well throughout the period. As a result of the strong early sales, our accounts receivable outstanding grew to a very high level in the middle of the period, followed by substantial collections in June (as expected). With slower sales in the final part of the period, we ended with a substantially lower accounts receivable balance of $67,376 at June 30, 2013. Further, we have been able to reduce our accrual for potential problem accounts to $557 from $623 at March 31, 2013.

Inventory levels have increased significantly during the period as a result of the continued adverse weather conditions in our key corn markets. Inventory ended at $127,150 as compared to $87,591 at December 31, 2012.

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The Company accrues programs in line with the growing season upon which specific products are targeted. Typically crop products have a growing season that ends on September 30 each year. During the six months ended June 30, 2013, the Company made accruals in the amount of $65,842. Programs are paid out to customers either in the final quarter of the fiscal year or the first quarter of the next fiscal year. During the six months ending June 30, 2013, the Company made payments in the amount of $8,179. Payments are not generally significant in the second and third quarters of each financial year. During the six months to the end of June 30, 2012, the Company accrued $37,252 and made payments in the amount of $4,372.

Finally, as the Company was building momentum for the 2013 growing season, prepaid expenses and other assets increased by $8,885. At the same time, accounts payable decreased $8,532.

The Company utilized $12,047 in investing activities during the six months ended June 30, 2013. This compares to $13,061 for the same period of the prior year. The business is spending primarily to expand manufacturing capacity in response to demand for certain core products. Furthermore, during the six months ended June 30, 2013, the Company made a $3,687 equity investment in TyraTech Inc., a natural life science company that utilizes its proprietary technology to develop solutions to address the unmet and increasing global demand for effective, safe, and non-toxic insect and parasite technologies for human and animal health.

Financing activities used $14,034 during the six months ended June 30, 2013, compared to providing $10,762 in the same period of the prior year. This included the net debt reduction achieved following the refinancing of our senior credit facility at the end of June 2013 and deferred payments on notes related to product acquisitions. The Company made dividend payments in the amount of $1,976 as compared to $1,380 in the same period of last year. Finally, the Company received $527 from the exercise of stock options and the sale of common stock under its Employee Stock Purchase Plan (including associated tax benefits) as compared to $1,285 for the same period last year.

The Company has various different loans in place that together constitute the short-term and long-term loan balances shown in the balance sheet at June 30, 2013 and December 31, 2012. These are summarized in the following table:

Indebtedness	June 30, 2013						December 31, 2012
$000’s	Long-term		Short-term		Total		Long-term		Short-term		Total
Term Loan	$	—	$	—	$	—	$	36,000	$	10,000	$	46,000
Working capital revolver		40,750		—		40,750		—		—		—
Notes payable on product acquisitions and asset purchase		161		70		231		196		6,247		6,443
Total Indebtedness	$	40,911	$	70	$	40,981	$	36,196	$	16,247	$	52,443

As more fully reported in the Company’s Form 8-K (filed with the SEC on June 20, 2013), on June 17, 2013, AMVAC Chemical Corporation (“AMVAC”), the Company’s principal operating subsidiary, as borrower, and affiliates (including the Company), as guarantors and/or borrowers, entered into a Second Amended and Restated Credit Agreement (the “New Credit Agreement”) with a group of commercial lenders led by Bank of the West (AMVAC’s primary bank) as agent, swing line lender and L/C issuer. The new facility also includes both AMVAC CV and AMVAC Netherlands BV (both Dutch subsidiaries) as borrowers. The New Credit Agreement supersedes the Amended and Restated Credit Agreement (“First Amendment”) dated as of January 10, 2011 and more fully described in the Company’s Form 8-K filed on January 13, 2011. The New Credit Agreement is a senior secured lending facility with a five year term and consists of a revolving line of credit of $200 million and an accordion feature for up to $100 million. In connection with AMVAC’s entering into the New Credit Agreement, all outstanding indebtedness under the First Amendment was rolled over into the New Credit Agreement, and term loans were converted into revolving debt.

The Company has three key covenants under the New Credit Agreement (with which AMVAC is in compliance). The covenants are as follows: The Company must (1) maintain its borrowings below a certain consolidated funded debt ratio, (2) limit its annual spending on the acquisition of fixed asset capital additions, and (3) maintain a certain consolidated fixed charge coverage ratio.

At June 30, 2013, based on its performance against the most restrictive covenants listed above, the Company had the capacity to increase its’ borrowings by up to $159,250 under the credit facility agreement.

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RECENTLY ISSUED ACCOUNTING GUIDANCE

In February 2013, The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income (OCI). Specifically, (1) disclosure is required of the changes in components of accumulated OCI, (2) disclosure is required of the effects on individual line items in net income for each item of accumulated OCI that is reclassified in its entirety to net income, and (3) cross references are required to other disclosures that provide additional details for OCI items that are not reclassified in their entirety to net income. The requirements of ASU 2013-02 apply to all entities (i.e., both public and nonpublic) that report items of OCI in any period presented. ASU 2013-02 is effective prospectively for reporting periods beginning after December 15, 2012.

In October 2012, FASB issued ASU No. 2012-04, Technical Corrections and Improvements. This update primarily makes amendments to various Codifications to (1) conform the format and writing style of certain guidance carried forward without modification from pre-Codification pronouncements, (2) to correct references and provide clarification through updated language, and (3) to relocate guidance within the Codification to a more appropriate location. In addition, ASU No. 2012-4 conforms the use of the term fair value throughout the Codification to reflect fully the measurement and disclosure requirements of FASB ASC Topic 820, Fair Value Measurement and Disclosures (e.g. to replace the terms “market value” and “mark-to-market” with “fair value” and “subsequently measure at fair value,” respectively). The majority of the amendments do not change the accounting practice. However, where applicable, the Company will apply the updates.

CRITICAL ACCOUNTING POLICIES AND ESTIMATES

The Company continually re-assesses the critical accounting policies used in preparing its financial statements for inclusion in the American Vanguard published financial statements. In the Company’s statement 10-K for the financial year ended December 31, 2012, the Company provided a comprehensive statement of critical accounting policies. These policies have been reviewed in detail as part of the preparation work for this 10-Q statement. All the policies listed in the Company’s Form 10-K for the year ended December 31, 2012 remain valid and is hereby incorporated by reference.

Item 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The Company is exposed to market risk related to changes in interest rates, primarily from its borrowing activities. The Company’s indebtedness to its primary lender is evidenced by a line of credit with a variable rate of interest, which fluctuates with changes in the lender’s reference rate. For more information, please refer to the applicable disclosures in the Company’s Form 10-K filed with the SEC for the year ended December 31, 2012. The Company uses derivative financial instruments for trading purposes to protect trading performance from exchange rate fluctuations on material contracts; also, as a condition of the Company’s credit agreement with its banks, the Company is required to maintain in effect interest rate swap agreement(s) for a notional amount not less than one-half of the principal amount of its term loan.

The Company conducts business in various foreign currencies, primarily in Europe, Mexico, Central and South America. Therefore changes in the value of the currencies of such countries or regions affect the Company’s financial position and cash flows when translated into U.S. Dollars. The Company has mitigated and will continue to mitigate a portion of its currency exchange exposure through natural hedges based on the operation of decentralized foreign operating companies in which the majority of all costs are local-currency based. Furthermore, the Company has established a procedure for covering forward exchange rates on specific purchase orders when appropriate. A 10% change in the value of all foreign currencies would have an immaterial effect on the Company’s financial position and cash flows.

Item 4. CONTROLS AND PROCEDURES

As of June 30, 2013, the Company has established a comprehensive set of disclosure controls and procedures designed to ensure that all information required to be disclosed in our filings under the Securities Exchange Act (1934) is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. As at June 30, 2013, the Company’s management, including the Company’s Chief Executive Officer and Chief Financial Officer, has concluded, based on their evaluation, that the Company’s disclosure controls and procedures are effective to provide reasonable assurance of the achievement of the objectives described above.

There were no changes in the Company’s internal controls over financial reporting that occurred during the most recent quarter that have materially affected, or are reasonably likely to materially affect, the Company’s internal controls over financial reporting.

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PART II. OTHER INFORMATION

The Company was not required to report any matters or changes for any items of Part II except as disclosed below.

Item 1. Legal Proceedings

Legal Proceedings—Summarized below are litigation matters in which there has been material activity or developments since the filing of the Company’s Form 10-Q for the period ended March 31, 2013.

A. DBCP Cases—Delaware

On or about July 21, 2011, an action encaptioned, Blanco v. AMVAC Chemical Corporation et al., was filed with the Superior Court of the State of Delaware in and for New Castle County (No. N11C-07-149 JOH) on behalf of an individual plaintiff, residing in Costa Rica, against several defendants, including, among others, AMVAC, The Dow Chemical Company, Occidental Chemical Corporation, and Dole Food Company. In the action, plaintiff claims personal injury (sterility) arising from the alleged exposure to DBCP between 1979 and 1980 while working as a contract laborer in a banana plantation in Costa Rica. Defendant Dow filed a motion to dismiss the action as being barred under the applicable statute of limitations, as this same plaintiff filed the same claim in Florida in 1995 and subsequently withdrew the matter. Plaintiff contends that the statute of limitations was tolled by a prior motion for class certification, which was denied. AMVAC contends that the plaintiff could not have been exposed to any DBCP supplied by AMVAC in Costa Rica. On August 8, 2012, the court denied Dow’s motion to dismiss based upon applicable statutes of limitation. In response to that denial, on August 20, 2012, defendants filed a motion for interlocutory appeal and, on September 18, 2012, the Delaware Supreme Court granted interlocutory appeal on the question of whether the State of Delaware will recognize cross jurisdictional tolling (that is, whether it is proper for a Delaware court to follow the class action tolling of another jurisdiction, in this case, Texas, rather than its own two year statute of limitations). Pending the ruling on appeal, the Blanco matter was stayed. A similar case (referred to as Chaverri in the Company’s Form 10-K for the period ended December 31, 2012) involving claims for personal injury allegedly arising from exposure to DBCP on behalf of 235 banana workers from Costa Rica, Ecuador and Panama was also stayed pending the ruling. The Delaware Supreme Court heard oral argument on April 10, 2013 and, on June 10, 2013, denied the appeal and upheld the lower court ruling in Blanco, holding that it was proper to extend the class action tolling exception to cross-jurisdictional class action cases. With that ruling, both the Blanco and Chaverri matters remain pending. AMVAC intends to defend both of these matters vigorously and, at this early stage of litigation, does not believe that a loss is either probable or reasonably estimable and has not set up a loss contingency for either matter.

The balance sheet at June 30, 2013 includes loss contingencies relating to certain legal proceedings more fully described in Item 3 of the Company’s Form 10-K for the period ended December 31, 2012 (the 2012 10-K). To the extent that there has been no material change in any such proceeding or in the contingency related thereto since the filing of the 2012 10-K, no additional disclosure about such matter is included in this Form 10-Q.

Item 1A. Risk Factors

The Company continually re-assesses the business risks, and as part of that process detailed a range of risk factors in the disclosures in American Vanguard’s Report on Form 10-K for the fiscal year ended December 31, 2012, filed on March 1, 2013. In preparing this document, we have reviewed all the risk factors included in that document and find that there are no material changes to those risk factors.

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Item 6. Exhibits

Exhibits required to be filed by Item 601 of Regulation S-K:

Exhibit No.	Description
31.1	Certification of Chief Executive Officer Pursuant to Section 302 of The Sarbanes-Oxley Act of 2002.
31.2	Certification of Chief Financial Officer Pursuant to Section 302 of The Sarbanes-Oxley Act of 2002.
32.1	Certification Pursuant to Section 906 of The Sarbanes-Oxley Act of 2002.
101	The following materials from American Vanguard Corp’s Quarterly Report on Form 10-Q for the quarter ended June 30, 2013, formatted in XBRL (Extensible Business Reporting Language): (i) Condensed Consolidated Balance Sheet; (ii) Condensed Consolidated Statements of Income; (iii) Condensed Consolidated Statements of Cash Flows; (iv) Condensed Consolidated Statements of Shareholders’ Equity; and (v) Notes to Condensed Consolidated Financial Statements, tagged as blocks of text.

25

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	AMERICAN VANGUARD CORPORATION
Dated: August 5, 2013	By:	/S/    ERIC G. WINTEMUTE
		Eric G. Wintemute Chief Executive Officer and Chairman of the Board
Dated: August 5, 2013	By:	/S/    DAVID T. JOHNSON
		David T. Johnson Chief Financial Officer & Principal Accounting Officer

26

EX-31.1

Exhibit 31.1

AMERICAN VANGUARD CORPORATION

CHIEF EXECUTIVE OFFICER CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Eric G. Wintemute, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of American Vanguard Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(e) and 15d-15(f)) for the registrant and have:

(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in according with generally accepted accounting principles;

(c) evaluated the effectiveness of the registrant’s disclosure controls and procedures, and presented in this report our conclusions about the effectiveness of the disclosures controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent function):

(a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 5, 2013	/s/    ERIC G. WINTEMUTE
	Eric G. Wintemute Chief Executive Officer and Chairman of the Board

EX-31.2

Exhibit 31.2

AMERICAN VANGUARD CORPORATION

CHIEF FINANCIAL OFFICER CERTIFICATION PURSUANT TO

SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, David T. Johnson, certify that:

1. I have reviewed this Quarterly Report on Form 10-Q of American Vanguard Corporation;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(e) and 15d-15(f)) for the registrant and have:

(a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in according with generally accepted accounting principles;

(c) evaluated the effectiveness of the registrant’s disclosure controls and procedures, and presented in this report our conclusions about the effectiveness of the disclosures controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent function):

(a) all significant deficiencies and material weaknesses in the design or operation of internal controls over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: August 5, 2013	/s/    DAVID T. JOHNSON
	David T. Johnson Chief Financial Officer & Principal Accounting Officer

EX-32.1

Exhibit 32.1

AMERICAN VANGUARD CORPORATION

CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 AS ADOPTED

PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

In connection with the Quarterly Report of American Vanguard Corporation (the “Company”) on Form 10-Q for the period ended June 30, 2013 as filed with the U.S. Securities and Exchange Commission on the date hereof (the “Report”), the undersigned Chief Executive Officer and Chief Financial Officer of the Company hereby certify, pursuant to 18 U.S.C. 1350, as adopted pursuant to 906 of the Sarbanes-Oxley Act of 2002 that based on their knowledge (1) the Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, and (2) the information contained in the Report fairly represents, in all material respects, the financial condition and results of operations of the Company as of and for the periods covered in the Report.

/S/    ERIC G. WINTEMUTE        

Eric G. Wintemute

Chief Executive Officer and Chairman of the Board

/S/    DAVID T. JOHNSON        

David T. Johnson

Chief Financial Officer & Principal Accounting Officer

August 5, 2013

A signed original of this written statement required by Section 906, or other document authenticating, acknowledging, or otherwise adopting the signature that appears in typed form within the electronic version of this written statement required by Section 906, has been provided to American Vanguard Corporation and will be retained by American Vanguard Corporation and furnished to the Securities and Exchange Commission or its staff upon request.

The foregoing certification is being furnished to the Securities and Exchange Commission as an exhibit to the Form 10-Q and shall not be considered filed as part of the Form 10-Q.

XML

Stock Based Compensation Expense

6 Months Ended

Jun. 30, 2013

Stock Based Compensation Expense

10. Stock Based Compensation Expense—The Company accounts for stock-based awards to employees and directors in accordance with FASB ASC 718, “Share-Based Payment,” which requires the measurement and recognition of compensation expense for all share-based payment awards made to employees and directors, including shares of common stock granted for services, employee stock options, and employee stock purchases related to the Employee Stock Purchase Plan (“employee stock purchases”) based on estimated fair values.

Stock Options—During the six months ended June 30, 2013, the Company did not grant any employees options to acquire shares of common stock.

Option activity within each plan is as follows:

	Incentive Stock Option Plans			Weighted Average Price Per Share		Exercisable Weighted Average Price Per Share
Balance outstanding, December 31, 2012		705,345		$	7.70	$	7.95
Options granted		—			—
Options exercised, $7.50		(6,666	)		7.50
Options expired or forfeited		(6,667	)		7.50
Balance outstanding, March 31, 2013		692,012		$	7.71	$	7.96
Options granted		—			—
Options exercised, $7.50		(13,333	)		7.50
Options expired or forfeited		—			—
Balance outstanding, June 30, 2013		678,679		$	7.71	$	8.07

Information relating to stock options at June 30, 2013 summarized by exercise price is as follows:

	Outstanding Weighted Average						Exercisable Weighted Average
Exercise Price Per Share	Shares		Remaining Life (Months)		Exercise Price		Shares		Exercise Price
Incentive Stock Option Plan:
$7.50		652,000		85	$	7.50		146,000	$	7.50
$11.32—$14.75		26,679		86	$	12.90		16,679	$	13.08
		678,679			$	7.71		162,679	$	8.07

The weighted average exercise prices for options granted and exercisable and the weighted average remaining contractual life for options outstanding as of June 30, 2013 was as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Months)		Intrinsic Value (thousands)
As of June 30, 2013:
Incentive Stock Option Plans:
Outstanding		678,679	$	7.71		85	$	10,633
Expected to Vest		674,823	$	7.71		85	$	10,573
Exercisable		162,679	$	8.07		72	$	2,490

During the six months ended June 30, 2013 and 2012, the Company recognized stock-based compensation expense, excluding expense associated with modifications, related to stock options of $423 and $432, respectively.

As of June 30, 2013, the Company had approximately $400 of unamortized stock-based compensation expenses related to unvested stock options outstanding. This amount will be recognized over the weighted-average period of 0.5 years. This projected expense will change if any stock options are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

Restricted Shares—A status summary of non-vested shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares			Weighted Average Grant- Date Fair Value
Nonvested shares at December 31, 2012		245,817		$	20.23
Granted		145,884		$	31.27
Vested		—		$	—
Forfeited		(8,000	)	$	22.17
Nonvested shares at March 31, 2013		383,701		$	24.39
Granted		8,230		$	30.37
Vested		(8,230	)	$	30.37
Forfeited		—		$	—
Nonvested shares at June 30, 2013		383,701		$	24.39

Restricted stock grants — During the six months ended June 30, 2013, the Company granted a total of 154,114 shares of common stock. Of these, 3,000 shares will vest one-third each year on the anniversaries of the employee’s employment date, 8,230 shares vests immediately, and the balance will cliff vest after three years of service. The shares granted in 2013 were average fair valued at $31.22 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The Company is recognizing as expense the value of restricted shares over the required service period.

During the six months ended June 30, 2012, the Company granted a total of 207,184 of common stock. Of these, 12,204 shares vest immediately and the balance will cliff vest after three years of service. The shares granted in 2012 were average fair valued at $20.45 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The Company is recognizing as expense the value of restricted shares over the required service period. During the six months ended June 30, 2012, there were 82,640 restricted shares that vested, which had an average grant-date value of $11.73 per share and an average vest-date value of $17.58 per share. During the six months ended June 30, 2012, there were 1,367 restricted shares that were forfeited, which had an average grant date value of $20.47 per share.

During the six months ended June 30, 2013 and 2012, the Company recognized stock-based compensation expense related to restricted shares of $1,297 and $599, respectively.

As of June 30, 2013, the Company had approximately $7,132 of unamortized stock-based compensation expenses related to unvested restricted shares. This amount will be recognized over the weighted-average period of 2.3 years. This projected expense will change if any restricted shares are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

Performance Based Shares—A status summary of non-vested performance based shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares		Weighted Average Grant- Date Fair Value
Nonvested shares at March 31, 2013		—	$	—
Granted		26,942	$	30.13
Vested		—	$	—
Forfeited		—	$	—
Nonvested shares at June 30, 2013		26,942	$	30.13

Performance Based Shares — During the six months ended June 30, 2013, the Company granted a total of 26,942 performance based shares that will cliff vest after three years of service. 80% of these performance based shares are based upon net income and net sales for the period commencing April 1, 2013 and ending December 31, 2015; the remaining 20% of performance based shares are based upon AVD stock price appreciation over the course of the period commencing June 6, 2013 and ending on December 31, 2015. Both parts of these awards vest in three years, but are subject to reduction to a minimum (or even zero) for meeting less than the targeted performance and to increase to a maximum of 200% for meeting in excess of the targeted performance.

The performance based shares related to net income and net sales were average fair valued at $30.13 per share. The fair value was determined by using the publicly traded share price as of the date of grant. The performance based shares related to AVD stock price were average fair valued at $15.31 per share. The fair value was determined by using the Monte Carlo valuation method. The Company is recognizing as expense the value of these shares over the required service period of three years.

During the six months ended June 30, 2013, the Company recognized stock-based compensation expense related to performance based shares of $26. There were no performance based shares issued by the Company prior to those issued during the quarter ended June 30, 2013.

As of June 30, 2013, the Company had approximately $716 of unamortized stock-based compensation expenses related to unvested performance based shares. This amount will be recognized over the weighted-average period of 2.9 years. This projected expense will change if any performance based shares are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.

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Consolidated Balance Sheets (Parenthetical) (USD $) In Thousands, except Share data, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Allowance for doubtful accounts	$ 557	$ 623
Preferred stock, par value per share	$ 0.10	$ 0.10
Preferred stock, shares authorized	400,000	400,000
Preferred stock, shares issued
Common stock, par value per share	$ 0.10	$ 0.10
Common stock, shares authorized	40,000,000	40,000,000
Common stock, shares issued	30,972,048	30,766,730
Treasury stock, shares	2,310,634	2,310,634

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Inventories

6 Months Ended

Jun. 30, 2013

Inventories

3. Inventories are stated at the lower of cost or market. Cost is determined using the first-in, first-out method. The components of inventories consist of the following:

	June 30, 2013		December 31, 2012
Finished products	$	115,472	$	74,900
Raw materials		11,678		13,051
	$	127,150	$	87,951

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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2013

Summary of Business Sales Segmentation as per Location

Three Months Ended June 30					Six Months Ended June 30
	2013		2012			2013		2012
Net Sales:
US sales	$	67,837	$	65,792		$	170,942	$	135,335
International sales		18,924		19,045			37,356		36,757
	$	86,761	$	84,837		$	208,298	$	172,092

Summary of Business Sales Segmentation as per Product

Selective enterprise information is as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Net sales:
Insecticides	$	39,218	$	45,432	$	118,085	$	101,266
Herbicides		24,699		13,656		57,685		33,332
Other		13,228		16,204		16,919		20,583
		77,145		75,292		192,689		155,181
Non-crop		9,616		9,545		15,609		16,911
	$	86,761	$	84,837	$	208,298	$	172,092

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Legal Proceedings

6 Months Ended

Jun. 30, 2013

Legal Proceedings

11. Legal Proceedings—Summarized below are litigation matters in which there has been material activity or developments during the three month period ended June 30, 2013.

A. DBCP Cases—Delaware

On or about July 21, 2011, an action encaptioned, Blanco v. AMVAC Chemical Corporation et al., was filed with the Superior Court of the State of Delaware in and for New Castle County (No. N11C-07-149 JOH) on behalf of an individual plaintiff, residing in Costa Rica, against several defendants, including, among others, AMVAC, The Dow Chemical Company, Occidental Chemical Corporation, and Dole Food Company. In the action, plaintiff claims personal injury (sterility) arising from the alleged exposure to DBCP between 1979 and 1980 while working as a contract laborer in a banana plantation in Costa Rica. Defendant Dow filed a motion to dismiss the action as being barred under the applicable statute of limitations, as this same plaintiff filed the same claim in Florida in 1995 and subsequently withdrew the matter. Plaintiff contends that the statute of limitations was tolled by a prior motion for class certification, which was denied. AMVAC contends that the plaintiff could not have been exposed to any DBCP supplied by AMVAC in Costa Rica. On August 8, 2012, the court denied Dow’s motion to dismiss based upon applicable statutes of limitation. In response to that denial, on August 20, 2012, defendants filed a motion for interlocutory appeal and, on September 18, 2012, the Delaware Supreme Court granted interlocutory appeal on the question of whether the State of Delaware will recognize cross jurisdictional tolling (that is, whether it is proper for a Delaware court to follow the class action tolling of another jurisdiction, in this case, Texas, rather than its own two year statute of limitations). Pending the ruling on appeal, the Blanco matter was stayed. A similar case (referred to as Chaverri in the Company’s Form 10-K for the period ended December 31, 2012) involving claims for personal injury allegedly arising from exposure to DBCP on behalf of 235 banana workers from Costa Rica, Ecuador and Panama was also stayed pending the ruling. The Delaware Supreme Court heard oral argument on April 10, 2013 and on June 10, 2013, denied the appeal and upheld the lower court ruling in Blanco, holding that it was proper to extend the class action tolling exception to cross-jurisdictional class action cases. With that ruling, both the Blanco and Chaverri matters remain pending. AMVAC intends to defend both of these matters vigorously and, at this early stage of litigation, does not believe that a loss is either probable or reasonably estimable and has not set up a loss contingency for either matter.

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Summary of Effect of Derivative Instruments on Statement of Financial Performance (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative		$ (337)		$ (192)
Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	(7)	(159)	(14)	(322)
Amount of Gain or (Loss) Reclassified from Accumulated OCI in to Income (Effective Portion)	(181)	(183)	(366)	(368)
Amount of Gain or (Loss) Recognized in Income on derivative (Ineffective Portion)			(1)	(1)
Foreign Exchange Contract | Other income/(expense) | Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in Income on Derivative		(337)		(192)
Interest Rate Contract | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Recognized in OCI on Derivative (Effective Portion)	(7)	(159)	(14)	(322)
Interest Rate Contract | Interest Expense | Cash Flow Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain or (Loss) Reclassified from Accumulated OCI in to Income (Effective Portion)	(181)	(183)	(366)	(368)
Amount of Gain or (Loss) Recognized in Income on derivative (Ineffective Portion)			$ (1)	$ (1)

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Stock Based Compensation Expense (Tables)

6 Months Ended

Jun. 30, 2013

Summary of Option Activity

Option activity within each plan is as follows:

	Incentive Stock Option Plans			Weighted Average Price Per Share		Exercisable Weighted Average Price Per Share
Balance outstanding, December 31, 2012		705,345		$	7.70	$	7.95
Options granted		—			—
Options exercised, $7.50		(6,666	)		7.50
Options expired or forfeited		(6,667	)		7.50
Balance outstanding, March 31, 2013		692,012		$	7.71	$	7.96
Options granted		—			—
Options exercised, $7.50		(13,333	)		7.50
Options expired or forfeited		—			—
Balance outstanding, June 30, 2013		678,679		$	7.71	$	8.07

Summary of Stock Options Summarized by Exercise Price

Information relating to stock options at June 30, 2013 summarized by exercise price is as follows:

	Outstanding Weighted Average						Exercisable Weighted Average
Exercise Price Per Share	Shares		Remaining Life (Months)		Exercise Price		Shares		Exercise Price
Incentive Stock Option Plan:
$7.50		652,000		85	$	7.50		146,000	$	7.50
$11.32—$14.75		26,679		86	$	12.90		16,679	$	13.08
		678,679			$	7.71		162,679	$	8.07

Weighted Average Exercise Prices for Options Granted and Exercisable and Weighted Average Remaining Contractual Life for Options Outstanding

The weighted average exercise prices for options granted and exercisable and the weighted average remaining contractual life for options outstanding as of June 30, 2013 was as follows:

	Number of Shares		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Months)		Intrinsic Value (thousands)
As of June 30, 2013:
Incentive Stock Option Plans:
Outstanding		678,679	$	7.71		85	$	10,633
Expected to Vest		674,823	$	7.71		85	$	10,573
Exercisable		162,679	$	8.07		72	$	2,490

Summary of Non-Vested Shares

Restricted Shares—A status summary of non-vested shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares			Weighted Average Grant- Date Fair Value
Nonvested shares at December 31, 2012		245,817		$	20.23
Granted		145,884		$	31.27
Vested		—		$	—
Forfeited		(8,000	)	$	22.17
Nonvested shares at March 31, 2013		383,701		$	24.39
Granted		8,230		$	30.37
Vested		(8,230	)	$	30.37
Forfeited		—		$	—
Nonvested shares at June 30, 2013		383,701		$	24.39

Performance Shares

Summary of Non-Vested Shares

Performance Based Shares—A status summary of non-vested performance based shares as of and for the six months ended June 30, 2013 is presented below:

	Number of Shares		Weighted Average Grant- Date Fair Value
Nonvested shares at March 31, 2013		—	$	—
Granted		26,942	$	30.13
Vested		—	$	—
Forfeited		—	$	—
Nonvested shares at June 30, 2013		26,942	$	30.13

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Indebtedness (Tables)

6 Months Ended

Jun. 30, 2013

Summary of Short-Term and Long-Term Loan Balances in Balance Sheet

The Company has various loans in place that together constitute the short-term and long-term loan balances shown in the balance sheet at June 30, 2013 and December 31, 2012. These are summarized in the following table:

Indebtedness	June 30, 2013						December 31, 2012
$000’s	Long-term		Short-term		Total		Long-term		Short-term		Total
Term loan	$	—	$	—	$	—	$	36,000	$	10,000	$	46,000
Working capital revolver		40,750		—		40,750		—		—		—
Notes payable on product acquisitions and asset purchase		161		70		231		196		6,247		6,443
Total indebtedness	$	40,911	$	70	$	40,981	$	36,196	$	16,247	$	52,443

Summary of Effect of Derivative Instruments on Statement of Financial Performance

The following tables illustrate the impact of derivatives on the Company’s income statement for the three months and six months ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Financial Performance

For the Period Ended June 30

For the three months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013		2012
Interest rate contracts	$	(7	)	$	(159	)		Interest Expense	$	(181	)	$	(183	)		Interest Expense	$	—	$	—
Total	$	(7	)	$	(159	)			$	(181	)	$	(183	)			$	—	$	—

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(337	)
Total		$	—	$	(337	)

For the six months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013			2012
Interest rate contracts	$	(14	)	$	(322	)		Interest Expense	$	(366	)	$	(368	)		Interest Expense	$	(1	)	$	(1	)
Total	$	(14	)	$	(322	)			$	(366	)	$	(368	)			$	(1	)	$	(1	)

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(192	)
Total		$	—	$	(192	)

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Beginning Balance, Annual Activity and Ending Balance of each Component of Accumulated Other Comprehensive Income (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended			6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	$ (1,177)	$ (1,762)		$ (1,762)
Interest Rate Swap, Current period, other comprehensive income	174	178	24	352	46
Foreign currency translation, Current period, other comprehensive income	(476)	407	(420)	(69)	122
Accumulated other comprehensive income, Current period, other comprehensive income	(302)	585
Ending Balance	(1,479)	(1,177)		(1,479)
Accumulated Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(627)	(1,034)		(1,034)
Foreign currency translation, Current period, other comprehensive income	(476)	407
Ending Balance	(1,103)	(627)		(1,103)
Interest Rate Swap
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning Balance	(550)	(728)		(728)
Interest Rate Swap, Current period, other comprehensive income	174	178
Ending Balance	$ (376)	$ (550)		$ (376)

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Cash Dividends - Additional Information (Detail) (USD $) In Thousands, except Per Share data, unless otherwise specified	1 Months Ended			6 Months Ended					1 Months Ended
	Jun. 30, 2013	Apr. 19, 2013	Apr. 16, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 10, 2013	Mar. 11, 2013	Mar. 08, 2012	Jul. 19, 2013 Subsequent Event
Dividends [Line Items]
Cash dividend declared						$ 0.05	$ 0.07	$ 0.05
Dividend distributed date	Jul. 19, 2013			Apr. 19, 2013	Apr. 16, 2012
Cash dividend record date	Jul. 05, 2013			Apr. 05, 2013	Apr. 01, 2012
Cash dividends paid		$ 1,976	$ 1,380						$ 1,413

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Summary of Stock Options Summarized by Exercise Price (Detail) (USD $)	3 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised, Lower Range	$ 7.5	$ 7.5
Outstanding Weighted Average, Exercise Price	$ 7.71	$ 7.71	$ 7.70
Exercisable Weighted Average, Exercise Price	$ 8.07	$ 7.96	$ 7.95
Incentive Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding Weighted Average, Shares	678,679
Outstanding Weighted Average, Remaining Life (Months)	85 months
Outstanding Weighted Average, Exercise Price	$ 7.71
Exercisable Weighted Average, Shares	162,679
Exercisable Weighted Average, Exercise Price	$ 8.07
Incentive Stock Option Plan | Range One
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised, Lower Range	$ 7.50
Outstanding Weighted Average, Shares	652,000
Outstanding Weighted Average, Remaining Life (Months)	85 months
Outstanding Weighted Average, Exercise Price	$ 7.50
Exercisable Weighted Average, Shares	146,000
Exercisable Weighted Average, Exercise Price	$ 7.50
Incentive Stock Option Plan | Range Two
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercised, Lower Range	$ 11.32
Options exercised, Upper Range	$ 14.75
Outstanding Weighted Average, Shares	26,679
Outstanding Weighted Average, Remaining Life (Months)	86 months
Outstanding Weighted Average, Exercise Price	$ 12.90
Exercisable Weighted Average, Shares	16,679
Exercisable Weighted Average, Exercise Price	$ 13.08

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Components of Inventories (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Inventory [Line Items]
Finished products	$ 115,472	$ 74,900
Raw materials	11,678	13,051
Total Inventories	$ 127,150	$ 87,951

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Summary of Non-Vested Shares (Detail) (USD $)	3 Months Ended			6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2013 Performance Shares	Jun. 30, 2013 Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Beginning balance	383,701	245,817
Number of Shares, Granted	8,230	145,884	26,942	26,942
Number of Shares, Vested	(8,230)
Number of Shares, Forfeited		(8,000)
Number of Shares, Ending Balance	383,701	383,701	26,942	26,942
Weighted Average Grant-Date Fair Value, Beginning balance	$ 24.39	$ 20.23
Weighted Average Grant-Date Fair Value, Granted	$ 30.37	$ 31.27	$ 30.13
Weighted Average Grant-Date Fair Value, Vested	$ 30.37
Weighted Average Grant-Date Fair Value, Forfeited		$ 22.17
Weighted Average Grant-Date Fair Value, Ending balance	$ 24.39	$ 24.39	$ 30.13	$ 30.13

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Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2013

Components of Basic and Diluted Earnings per Share

The components of basic and diluted earnings per share were as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Numerator:
Net income attributable to American Vanguard	$	8,386	$	8,744	$	25,301	$	17,478
Denominator:
Weighted averages shares outstanding-basic		28,295		27,858		28,280		27,740
Assumed exercise of stock options and restricted shares-fully diluted		591		879		604		804
		28,886		28,737		28,884		28,544

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Consolidated Statement Of Stockholders' Equity (Parenthetical) (USD $)	3 Months Ended
	Jun. 30, 2013	Mar. 31, 2013
Cash dividends on common stock, per share	$ 0.05	$ 0.07

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Summary of Significant Accounting Policies

6 Months Ended

Jun. 30, 2013

Summary of Significant Accounting Policies

1. The accompanying unaudited consolidated financial statements have been prepared in accordance with generally accepted accounting principles for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation, have been included. Operating results for the six months ended June 30, 2013 are not necessarily indicative of the results that may be expected for the year ending December 31, 2013. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2012.

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Segment Reporting

6 Months Ended

Jun. 30, 2013

Segment Reporting

4. Based on similar economic and operational characteristics, the Company’s business is aggregated into one reportable segment. Selective enterprise information is as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Net sales:
Insecticides	$	39,218	$	45,432	$	118,085	$	101,266
Herbicides		24,699		13,656		57,685		33,332
Other		13,228		16,204		16,919		20,583
		77,145		75,292		192,689		155,181
Non-crop		9,616		9,545		15,609		16,911
	$	86,761	$	84,837	$	208,298	$	172,092
	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Net Sales:
US sales	$	67,837	$	65,792	$	170,942	$	135,335
International sales		18,924		19,045		37,356		36,757
	$	86,761	$	84,837	$	208,298	$	172,092

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Property, Plant and Equipment

6 Months Ended

Jun. 30, 2013

Property, Plant and Equipment

2. Property, plant and equipment at June 30, 2013 and December 31, 2012 consists of the following:

	June 30, 2013			December 31, 2012
Land	$	2,458		$	2,458
Buildings and improvements		12,768			12,537
Machinery and equipment		91,364			89,089
Office furniture, fixtures and equipment		9,108			8,400
Automotive equipment		278			312
Construction in progress		8,543			3,363
		124,519			116,159
Less accumulated depreciation		(74,691	)		(70,458	)
	$	49,828		$	45,701

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Weighted Average Exercise Prices for Options Granted and Exercisable and Weighted Average Remaining Contractual Life for Options Outstanding (Detail) (USD $) In Thousands, except Share data, unless otherwise specified				3 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2012	Jun. 30, 2013 Incentive Stock Option Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding				678,679
Number of Shares, Expected to Vest				674,823
Number of Shares, Exercisable				162,679
Weighted Average Exercise Price, Outstanding	$ 7.71	$ 7.71	$ 7.70	$ 7.71
Weighted Average Exercise Price, Expected to Vest				$ 7.71
Weighted Average Exercisable, Exercise Price	$ 8.07	$ 7.96	$ 7.95	$ 8.07
Weighted Average Remaining Life, Outstanding				85 months
Weighted Average Remaining Contractual Life, Expected to Vest				85 months
Weighted Average Remaining Contractual Life, Exercisable				72 months
Intrinsic Value, Outstanding				$ 10,633
Intrinsic Value, Expected to Vest				10,573
Intrinsic Value, Exercisable				$ 2,490

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Fair Value of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2013

Cash Flow Hedge Related to Variable Debt Instrument and Outstanding Foreign Currency Derivatives to Hedge Foreign Currency Balances Measured at Fair Value on Recurring Basis, and Balances

The Company’s cash flow hedge related to a variable debt instrument and outstanding foreign currency derivatives used to hedge foreign currency balances are measured at fair value on a recurring basis, and the balances as of June 30, 2013 and December 31, 2012 (which are included in other assets, net and accrued and other liabilities in the consolidated balance sheets) were as follows:

	Fair Value Measurements Using Input Type
	Level 1		Level 2		Level 3
As of June 30, 2013:
Liability:
Foreign currency derivative financial instrument	$	—	$	—	$	—
Interest rate derivative financial instruments (1)	$	—	$	848	$	—
As of December 31, 2012:
Liability:
Foreign currency derivative financial instrument	$	—	$	160	$	—
Interest rate derivative financial instruments (1)	$	—	$	1,201	$	—

(1) Includes accrued interest expense

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Summary of Business Sales Segmentation as per Product (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net Sales:
Total Crop	$ 77,145	$ 75,292	$ 192,689	$ 155,181
Non-crop	9,616	9,545	15,609	16,911
Total Sales	86,761	84,837	208,298	172,092
Insecticides
Net Sales:
Total Crop	39,218	45,432	118,085	101,266
Herbicides
Net Sales:
Total Crop	24,699	13,656	57,685	33,332
Other
Net Sales:
Total Crop	$ 13,228	$ 16,204	$ 16,919	$ 20,583

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Indebtedness - Additional Information (Detail) (USD $)	6 Months Ended
	Jun. 30, 2013 Contract
Debt [Line Items]
Number of Interest rate swap contract outstanding	1
Losses in other comprehensive income expected to be reclassified to earnings	$ (616,000)
Duration of losses in other comprehensive income expected to be reclassified to earnings	12 months
Maximum
Debt [Line Items]
Capacity to increase borrowings under credit agreement	159,250,000
Revolving Credit Facility
Debt [Line Items]
Senior secured credit facility	200,000,000
Senior secured credit facility term	5 years
Revolving Credit Facility | Accordion Feature
Debt [Line Items]
Senior secured credit facility	100,000,000
Cash Flow Hedging | Interest Rate Swap
Debt [Line Items]
Notional amount of interest rate swap	$ 40,500,000

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Cash Flow Hedge Related to Variable Debt Instrument and Outstanding Foreign Currency Derivatives to Hedge Foreign Currency Balances Measured at Fair Value on Recurring Basis, and Balances (Detail) (Fair Value, Measurements, Recurring, Cash Flow Hedging, Level 2, USD $) In Thousands, unless otherwise specified	Jun. 30, 2013		Dec. 31, 2012
Fair Value, Measurements, Recurring | Cash Flow Hedging | Level 2
Liability:
Foreign currency derivative financial instrument			$ 160
Interest rate derivative financial instruments	$ 848	[1]	$ 1,201	[1]

[1] Includes accrued interest expense

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Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Current assets:
Cash	$ 32,414	$ 38,476
Receivables:
Trade, net of allowance for doubtful accounts of $557 and $623, respectively	67,376	76,073
Income taxes receivable	148
Other	1,414	1,230
Receivables,net	68,938	77,303
Inventories	127,150	87,951
Prepaid expenses	13,411	13,710
Deferred income tax assets	4,877	4,877
Total current assets	246,790	222,317
Property, plant and equipment, net	49,828	45,701
Intangible assets	110,247	113,521
Other assets	30,372	18,351
Total assets	437,237	399,890
Current liabilities:
Current installments of long-term debt	70	16,247
Current installments of other liabilities	1,524	1,839
Accounts payable	23,953	32,838
Deferred revenue	278	20,427
Accrued program costs	88,508	32,335
Accrued expenses and other payables	8,793	8,671
Income taxes payable		1,313
Total current liabilities	123,126	113,670
Long-term debt, excluding current installments	40,911	36,196
Other liabilities, excluding current installments	4,291	5,425
Deferred income taxes	19,163	19,163
Total liabilities	187,491	174,454
Commitments and contingent liabilities
Stockholders' equity:
Preferred stock, $.10 par value per share; authorized 400,000 shares; none issued
Common stock, $.10 par value per share; authorized 40,000,000 shares; issued 30,972,048 shares at June 30, 2013 and 30,766,730 shares at December 31, 2012	3,099	3,077
Additional paid-in capital	56,632	54,323
Accumulated other comprehensive loss	(1,479)	(1,762)
Retained earnings	196,155	174,243
Total stockholders' equity including treasury stock	254,407	229,881
Less treasury stock, at cost, 2,310,634 shares at both June 30, 2013 and December 31, 2012	(4,804)	(4,804)
American Vanguard stockholders' equity	249,603	225,077
Non-controlling interest	143	359
Total stockholders' equity	249,746	225,436
Total liabilities and stockholders' equity	$ 437,237	$ 399,890

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Indebtedness

6 Months Ended

Jun. 30, 2013

Indebtedness

7. Substantially all of the Company’s assets are pledged as collateral with its banks.

The Company has various loans in place that together constitute the short-term and long-term loan balances shown in the balance sheet at June 30, 2013 and December 31, 2012. These are summarized in the following table:

Indebtedness	June 30, 2013						December 31, 2012
$000’s	Long-term		Short-term		Total		Long-term		Short-term		Total
Term loan	$	—	$	—	$	—	$	36,000	$	10,000	$	46,000
Working capital revolver		40,750		—		40,750		—		—		—
Notes payable on product acquisitions and asset purchase		161		70		231		196		6,247		6,443
Total indebtedness	$	40,911	$	70	$	40,981	$	36,196	$	16,247	$	52,443

As more fully reported in the Company’s Form 8-K (filed with the SEC on June 20, 2013), on June 17, 2013, AMVAC Chemical Corporation (“AMVAC”), the Company’s principal operating subsidiary, as borrower, and affiliates (including the Company), as guarantors and/or borrowers, entered into a Second Amended and Restated Credit Agreement (the “New Credit Agreement”) with a group of commercial lenders led by Bank of the West (AMVAC’s primary bank) as agent, swing line lender and L/C issuer. The new facility also includes both AMVAC CV and AMVAC Netherlands BV (both Dutch subsidiaries) as borrowers. The New Credit Agreement supersedes the Amended and Restated Credit Agreement (“First Amendment”) dated as of January 10, 2011 and more fully described in the Company’s Form 8-K filed on January 13, 2011. The New Credit Agreement is a senior secured lending facility with a five year term and consists of a revolving line of credit of $200 million and an accordion feature for up to $100 million. In connection with AMVAC’s entering into the New Credit Agreement, all outstanding indebtedness under the First Amendment was rolled over into the New Credit Agreement, and term loans were converted into revolving debt.

At June 30, 2013, the Company had in place one interest rate swap contract with a notional amount of $40,500 that is accounted for under FASB ASC 815 as a cash flow hedge. The effective portion of the gains or losses on the interest rate swap are reported as a component of other comprehensive income and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. Losses in other comprehensive income expected to be reclassified to earnings in the coming 12 months are $616. Amounts recorded in earnings for hedge ineffectiveness for the period ending June 2013 were immaterial.

The following tables illustrate the impact of derivatives on the Company’s income statement for the three months and six months ended June 30, 2013.

The Effect of Derivative Instruments on the Statement of Financial Performance

For the Period Ended June 30

For the three months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013		2012
Interest rate contracts	$	(7	)	$	(159	)		Interest Expense	$	(181	)	$	(183	)		Interest Expense	$	—	$	—
Total	$	(7	)	$	(159	)			$	(181	)	$	(183	)			$	—	$	—

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(337	)
Total		$	—	$	(337	)

For the six months ended June 30

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain or (Loss) Recognized in OCI on  Derivative (Effective Portion)						Location of Gain or (Loss) Reclassified from Accumulated OCI into Income (Effective Portion)		Amount of Gain or (Loss) Reclassified from Accumulated OCI  into Income (Effective Portion)						Location of Gain or (Loss) Recognized in Income on  Derivative (Ineffective Portion)		Amount of Gain or (Loss) Recognized in Income on Derivative (Ineffective Portion)
	2013			2012					2013			2012					2013			2012
Interest rate contracts	$	(14	)	$	(322	)		Interest Expense	$	(366	)	$	(368	)		Interest Expense	$	(1	)	$	(1	)
Total	$	(14	)	$	(322	)			$	(366	)	$	(368	)			$	(1	)	$	(1	)

Derivatives Not Designated as Hedging Instruments under ASC 815	Location of Gain or (Loss) Recognized in Income on Derivative	Amount of Gain or (Loss) Recognized in Income on Derivative
		2013		2012
Foreign Exchange contracts	Other income/(expense)	$	—	$	(192	)
Total		$	—	$	(192	)

The Company has three key covenants to its senior, secured credit facility with its banking syndicate. The covenants are as follows: (1) the Company must maintain its borrowings below a certain consolidated funded debt ratio, (2) the Company has a limitation on its annual spending on the acquisition of fixed asset capital additions, and (3) the Company must maintain a certain consolidated fixed charge coverage ratio. As of June 30, 2013 the Company met all covenants in that credit facility.

At June 30, 2013, based on its performance against the most restrictive covenants listed above, the Company had the capacity to increase its borrowings by up to $159,250 under the credit facility agreement.

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Consolidated Statement Of Stockholders' Equity (USD $) In Thousands, except Share data	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Non- Controlling Interest	Treasury Stock
Beginning Balance at Dec. 31, 2012	$ 225,436	$ 3,077	$ 54,323	$ 174,243	$ (1,762)	$ 359	$ (4,804)
Beginning Balance (in shares) at Dec. 31, 2012	30,766,730	30,766,730					2,310,634
Stocks issued under ESPP (in shares)		12,263
Stocks issued under ESPP	378	2	376
Cash dividends on common stock ($0.05 per share)	(1,976)			(1,976)
Foreign currency translation adjustment, net	407				407
Stock based compensation	688		688
Change in fair value of interest rate swaps	178				178
Stock options exercised and grants of restricted stock units (in shares)		144,550
Stock options exercised and grants of restricted stock units	49	15	34
Excess tax benefits from share based payment arrangements	57		57
Net income (loss)	16,819			16,915		(96)
Ending Balance at Mar. 31, 2013	242,036	3,094	55,478	189,182	(1,177)	263	(4,804)
Ending Balance (in shares) at Mar. 31, 2013		30,923,543					2,310,634
Cash dividends on common stock ($0.05 per share)	(1,413)			(1,413)
Foreign currency translation adjustment, net	(476)				(476)
Stock based compensation	1,058		1,058
Change in fair value of interest rate swaps	174				174
Stock options exercised and grants of restricted stock units (in shares)		48,505
Stock options exercised and grants of restricted stock units	101	5	96
Net income (loss)	8,266			8,386		(120)
Ending Balance at Jun. 30, 2013	$ 249,746	$ 3,099	$ 56,632	$ 196,155	$ (1,479)	$ 143	$ (4,804)
Ending Balance (in shares) at Jun. 30, 2013	30,972,048	30,972,048					2,310,634

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Consolidated Statements Of Operations And Comprehensive Income (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net sales	$ 86,761	$ 84,837	$ 208,298	$ 172,092
Cost of sales	44,695	46,491	112,451	96,368
Gross profit	42,066	38,346	95,847	75,724
Operating expenses	29,169	24,104	56,798	47,080
Operating income	12,897	14,242	39,049	28,644
Interest expense	701	721	1,248	1,456
Interest capitalized	(31)	(112)	(225)	(148)
Income before provision for income taxes	12,227	13,633	38,026	27,336
Income tax expense	3,961	4,889	12,941	9,858
Net income	8,266	8,744	25,085	17,478
Net loss attributable to non-controlling interest	120		216
Net income attributable to American Vanguard	8,386	8,744	25,301	17,478
Change in fair value of interest rate swap	174	24	352	46
Foreign currency translation adjustment	(476)	(420)	(69)	122
Comprehensive income	$ 8,084	$ 8,348	$ 25,584	$ 17,646
Earnings per common share-basic	$ 0.29	$ 0.31	$ 0.89	$ 0.63
Earnings per common share-assuming dilution	$ 0.29	$ 0.30	$ 0.88	$ 0.61
Weighted average shares outstanding-basic	28,295	27,858	28,280	27,740
Weighted average shares outstanding-assuming dilution	28,886	28,737	28,884	28,544

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Accumulated Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2013

Beginning Balance, Annual Activity and Ending Balance of each Component of Accumulated Other Comprehensive Income

The following table lists the beginning balance, annual activity and ending balance of each component of accumulated other comprehensive income:

	Interest Rate Swap			FX Translation			Total
Balance, December 31, 2012	$	(728	)	$	(1,034	)	$	(1,762	)
Current period, other comprehensive income		178			407			585
Balance, March 31, 2013	$	(550	)	$	(627	)	$	(1,177	)
Current period, other comprehensive income		174			(476	)		(302	)
Balance, June 30, 2013	$	(376	)	$	(1,103	)	$	(1,479	)

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Inventories (Tables)

6 Months Ended

Jun. 30, 2013

Components of Inventories

The components of inventories consist of the following:

	June 30, 2013		December 31, 2012
Finished products	$	115,472	$	74,900
Raw materials		11,678		13,051
	$	127,150	$	87,951

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Legal Proceedings - Additional Information (Detail) (Former Banana Workers)	3 Months Ended
	Jun. 30, 2013 Person
Former Banana Workers
Loss Contingencies [Line Items]
Number of claimants	235

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Summary of Option Activity (Detail) (USD $)	3 Months Ended
	Jun. 30, 2013	Mar. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options Exercised, Exercise price	$ 7.5	$ 7.5
Incentive Stock Option Plans, Beginning balance	692,012	705,345
Incentive Stock Option Plans, Options granted
Incentive Stock Option Plans, Option exercised	(13,333)	(6,666)
Incentive Stock Option Plans, Options expired or forfeited		(6,667)
Incentive Stock Option Plans, Ending balance	678,679	692,012
Weighted Average Price Per Share, Beginning balance	$ 7.71	$ 7.70
Weighted Average Price Per Share, Option granted
Weighted Average Price Per Share, Option exercised	$ 7.50	$ 7.50
Weighted Average Price Per Share, Options forfeited		$ 7.50
Weighted Average Price Per Share, Ending balance	$ 7.71	$ 7.71
Exercisable Weighted Average Price Per Share, Beginning balance	$ 7.96	$ 7.95
Exercisable Weighted Average Price Per Share, Ending balance	$ 8.07	$ 7.96

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Components of Basic and Diluted Earnings Per Share (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Numerator:
Net income attributable to American Vanguard	$ 8,386	$ 8,744	$ 25,301	$ 17,478
Denominator:
Weighted averages shares outstanding-basic	28,295	27,858	28,280	27,740
Weighted average shares outstanding-assuming dilution	28,886	28,737	28,884	28,544
Stock Options
Denominator:
Assumed exercise of stock options and restricted shares-fully diluted	591	879	604	804

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Summary of Different Loans in Place Constitute Short-Term and Long-Term Loan Balances Together (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Extinguishment of Debt [Line Items]
Long Term debt	$ 40,911	$ 36,196
Short-term	70	16,247
Total indebtedness	40,981	52,443
Term Loan
Extinguishment of Debt [Line Items]
Long Term debt		36,000
Short-term		10,000
Total indebtedness		46,000
Working capital revolver
Extinguishment of Debt [Line Items]
Long Term debt	40,750
Total indebtedness	40,750
Notes payable on product acquisitions and asset purchase
Extinguishment of Debt [Line Items]
Long Term debt	161	196
Short-term	70	6,247
Total indebtedness	$ 231	$ 6,443

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Earnings Per Share

6 Months Ended

Jun. 30, 2013

Earnings Per Share

6. Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) 260 Earnings Per Share (“EPS”) requires dual presentation of basic EPS and diluted EPS on the face of all income statements. Basic EPS is computed as net income divided by the weighted average number of shares of common stock outstanding during the period. Diluted EPS reflects potential dilution that could occur if securities or other contracts, which, for the Company, consists of options to purchase shares of the Company’s common stock, are exercised.

The components of basic and diluted earnings per share were as follows:

	Three Months Ended June 30				Six Months Ended June 30
	2013		2012		2013		2012
Numerator:
Net income attributable to American Vanguard	$	8,386	$	8,744	$	25,301	$	17,478
Denominator:
Weighted averages shares outstanding-basic		28,295		27,858		28,280		27,740
Assumed exercise of stock options and restricted shares-fully diluted		591		879		604		804
		28,886		28,737		28,884		28,544

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Summary of Property, Plant and Equipment (Detail) (USD $) In Thousands, unless otherwise specified	Jun. 30, 2013	Dec. 31, 2012
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	$ 124,519	$ 116,159
Less accumulated depreciation	(74,691)	(70,458)
Total Property, plant and equipment	49,828	45,701
Land
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	2,458	2,458
Buildings and improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	12,768	12,537
Machinery and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	91,364	89,089
Office furniture, fixtures and equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	9,108	8,400
Automotive equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	278	312
Construction in progress
Property, Plant and Equipment [Line Items]
Property, plant and equipment, Gross	$ 8,543	$ 3,363

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Stock Based Compensation Expense - Additional Information (Detail) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended				6 Months Ended	3 Months Ended	6 Months Ended			3 Months Ended	6 Months Ended		6 Months Ended
	Jun. 30, 2013	Mar. 31, 2013	Jun. 30, 2013 Stock Options	Jun. 30, 2012 Stock Options	Jun. 30, 2013 Stock Options	Jun. 30, 2013 Restricted Stock	Jun. 30, 2013 Restricted Stock	Jun. 30, 2012 Restricted Stock	Jun. 30, 2012 Restricted Stock Vested immediately	Jun. 30, 2013 Performance Shares	Jun. 30, 2013 Performance Shares	Jun. 30, 2013 Performance Shares Maximum	Jun. 30, 2013 Performance Shares Performance based shares based upon net income and net sales for the period commencing April 1, 2013 and ending December 31, 2015	Jun. 30, 2013 Performance Shares Performance based shares based upon AVD stock price appreciation over the course of the period commencing June 6, 2013 and ending on December 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock-based compensation expense			$ 423	$ 432			$ 1,297	$ 599			$ 26
Nonvested unamortized stock-based compensation expense, value			400		400	7,132	7,132
Nonvested unamortized stock-based compensation expense, contractual term					6 months	2 years 3 months 18 days				2 years 10 months 24 days
Number of Shares, Granted	8,230	145,884					154,114	207,184		26,942	26,942
Number of shares expected to vest							3,000
Vesting Description							Vest one-third each year on the anniversaries of the employee's employment date
Number of shares vested	8,230						8,230	82,640	12,204
Expenses recognized period							3 years	3 years			3 years
Weighted Average Grant-Date Fair Value, Granted	$ 30.37	$ 31.27					$ 31.22	$ 20.45		$ 30.13			$ 30.13	$ 15.31
Weighted Average Grant-Date Fair Value, Vested	$ 30.37							$ 11.73
Average vest date value Restricted share								$ 17.58
Number of Shares, Forfeited		8,000						1,367
Weighted Average Grant-Date Fair Value, Forfeited		$ 22.17						$ 20.47
Percentage of shares vesting based on Performance													80.00%	20.00%
Targeted performance percentage												200.00%
Unamortized stock-based compensation expense										$ 716	$ 716

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Comprehensive Income

6 Months Ended

Jun. 30, 2013

Comprehensive Income

9. Total comprehensive income includes, in addition to net income, changes in equity that are excluded from the consolidated statements of operations and are recorded directly into a separate section of stockholders’ equity on the consolidated balance sheets.

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Cash Dividends

6 Months Ended

Jun. 30, 2013

Cash Dividends

5. On June 10, 2013, the Board of Directors declared a cash dividend of $0.05 per share. At that time, the Board of Directors also resolved to change the frequency of making cash dividends from semi-annual to quarterly payments. The first quarterly dividend was distributed on July 19, 2013 to stockholders of record at the close of business on July 5, 2013. Cash dividends paid July 19, 2013 totaled $1,413.

On March 11, 2013, the Board of Directors declared a cash dividend of $0.07 per share. The dividend was distributed on April 19, 2013 to stockholders of record at the close of business on April 5, 2013. Cash dividends paid April 19, 2013 totaled $1,976.

On March 8, 2012, the Board of Directors declared a cash dividend of $0.05 per share. The dividend was distributed on April 16, 2012 to stockholders of record at the close of business on April 1, 2012. Cash dividends paid in April 16, 2012 amounted to $1,380.

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Consolidated Statements Of Cash Flows (USD $) In Thousands, unless otherwise specified	6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012
Cash flows from operating activities:
Net income	$ 25,085	$ 17,478
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization of fixed and intangible assets	7,461	7,046
Amortization of other long term assets	1,802	1,574
Amortization of discounted liabilities	86	396
Stock-based compensation	1,747	1,031
Tax benefit from exercise of stock options	(57)	(160)
Changes in assets and liabilities associated with operations:
Decrease (increase) in net receivables	8,513	(3,862)
Increase in inventories	(39,199)	(8,854)
Increase in prepaid expenses and other assets	(9,837)	(2,555)
(Decrease) increase in income tax receivable/payable, net	(1,404)	393
(Decrease) increase in accounts payable	(8,532)	668
Decrease in deferred revenue	(20,149)	(7,370)
Increase in other payables and accrued expenses	54,529	30,883
Net cash provided by operating activities	20,045	36,668
Cash flows from investing activities:
Capital expenditures	(8,360)	(13,061)
Investment	(3,687)
Net cash used in investing activities	(12,047)	(13,061)
Cash flows from financing activities:
Net borrowings under line of credit agreement	40,750
Payments on long-term debt	(46,000)	(4,000)
Payments on other long-term liabilities	(1,238)
Tax benefit from exercise of stock options	57	160
Decrease in other notes payable	(6,154)	(6,827)
Payment of cash dividends	(1,976)	(1,380)
Proceeds from the issuance of common stock (sale of stock under ESPP and exercise of stock option)	527	1,285
Net cash used in by financing activities	(14,034)	(10,762)
Net (decrease) increase in cash	(6,036)	12,845
Cash and cash equivalents at beginning of year	38,476	35,085
Effect of exchange rate changes on cash	(26)	118
Cash and cash equivalents as of June 30	$ 32,414	$ 48,048

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Summary of Business Sales Segmentation as per Location (Detail) (USD $) In Thousands, unless otherwise specified	3 Months Ended		6 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012
Net Sales:
Total Sales	$ 86,761	$ 84,837	$ 208,298	$ 172,092
US
Net Sales:
Total Sales	67,837	65,792	170,942	135,335
International
Net Sales:
Total Sales	$ 18,924	$ 19,045	$ 37,356	$ 36,757

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Recently Issued Accounting Guidance

6 Months Ended

Jun. 30, 2013

Recently Issued Accounting Guidance

12. Recently Issued Accounting Guidance— In February 2013, The Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, establishes new requirements for disclosing reclassifications of items out of accumulated other comprehensive income (OCI). Specifically, (1) disclosure is required of the changes in components of accumulated OCI, (2) disclosure is required of the effects on individual line items in net income for each item of accumulated OCI that is reclassified in its entirety to net income, and (3) cross references are required to other disclosures that provide additional details for OCI items that are not reclassified in their entirety to net income. The requirements of ASU 2013-02 apply to all entities (i.e., both public and nonpublic) that report items of OCI in any period presented. ASU 2013-02 is effective prospectively for reporting periods beginning after December 15, 2012.

In October 2012, FASB issued ASU No. 2012-04, Technical Corrections and Improvements. This update primarily makes amendments to various Codifications to (1) conform the format and writing style of certain guidance carried forward without modification from pre-Codification pronouncements, (2) to correct references and provide clarification through updated language, and (3) to relocate guidance within the Codification to a more appropriate location. In addition, ASU No. 2012-4 conforms the use of the term fair value throughout the Codification to reflect fully the measurement and disclosure requirements of FASB ASC Topic 820, Fair Value Measurement and Disclosures (e.g. to replace the terms “market value” and “mark-to-market” with “fair value” and “subsequently measure at fair value,” respectively). The majority of the amendments do not change the accounting practice. However, where applicable, the Company will apply the updates.

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Reclassification

6 Months Ended

Jun. 30, 2013

Reclassification

8. Reclassification—certain items may have been reclassified (if appropriate), in the prior period consolidated financial statements to conform to the most recent financial statements presented.

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Property, Plant and Equipment (Tables)

6 Months Ended

Jun. 30, 2013

Summary of Property, Plant and Equipment

2. Property, plant and equipment at June 30, 2013 and December 31, 2012 consists of the following:

	June 30, 2013			December 31, 2012
Land	$	2,458		$	2,458
Buildings and improvements		12,768			12,537
Machinery and equipment		91,364			89,089
Office furniture, fixtures and equipment		9,108			8,400
Automotive equipment		278			312
Construction in progress		8,543			3,363
		124,519			116,159
Less accumulated depreciation		(74,691	)		(70,458	)
	$	49,828		$	45,701

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Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2013

Fair Value of Financial Instruments

13. Fair Value of Financial Instruments—The carrying values of cash, receivables and accounts payable approximate their fair values because of the short maturity of these instruments. The fair value of the Company’s long-term debt and note payable to the bank is estimated based on the quoted market prices for the same or similar issues or on the current rates offered to the Company for debt of the same remaining maturities. Such fair value approximates the respective carrying values of the Company’s long-term debt and note payable to the bank.

The Company’s cash flow hedge related to a variable debt instrument and outstanding foreign currency derivatives used to hedge foreign currency balances are measured at fair value on a recurring basis, and the balances as of June 30, 2013 and December 31, 2012 (which are included in other assets, net and accrued and other liabilities in the consolidated balance sheets) were as follows:

	Fair Value Measurements Using Input Type
	Level 1		Level 2		Level 3
As of June 30, 2013:
Liability:
Foreign currency derivative financial instrument	$	—	$	—	$	—
Interest rate derivative financial instruments (1)	$	—	$	848	$	—
As of December 31, 2012:
Liability:
Foreign currency derivative financial instrument	$	—	$	160	$	—
Interest rate derivative financial instruments (1)	$	—	$	1,201	$	—

(1) Includes accrued interest expense

The valuation techniques used to measure the fair value of the derivative financial instruments above in which the counterparties have high credit ratings, were derived from pricing models, such as discounted cash flow techniques, with all significant inputs derived from or corroborated by observable market data. The Company’s discounted cash flow techniques use observable market inputs, such as LIBOR-based yield curves and foreign currency forward rates.

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Document and Entity Information	6 Months Ended
	Jun. 30, 2013	Jul. 29, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	AVD
Entity Registrant Name	AMERICAN VANGUARD CORP
Entity Central Index Key	0000005981
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		28,664,462

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Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2013

Accumulated Other Comprehensive Income

14. Accumulated Other Comprehensive Income—

The following table lists the beginning balance, annual activity and ending balance of each component of accumulated other comprehensive income:

	Interest Rate Swap			FX Translation			Total
Balance, December 31, 2012	$	(728	)	$	(1,034	)	$	(1,762	)
Current period, other comprehensive income		178			407			585
Balance, March 31, 2013	$	(550	)	$	(627	)	$	(1,177	)
Current period, other comprehensive income		174			(476	)		(302	)
Balance, June 30, 2013	$	(376	)	$	(1,103	)	$	(1,479	)