CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) (USD $) In Thousands, except Share data, unless otherwise specified	3 Months Ended	6 Months Ended
Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Net Sales	$ 14,256	$ 13,387	$ 28,804	$ 24,885
Cost of Goods Sold	7,169	6,570	14,262	12,114
Gross Profit	7,087	6,817	14,542	12,771
Selling Expense	3,058	2,690	6,014	5,048
General and Administrative Expense	2,699	1,677	5,265	3,421
Insurance Legal Recovery			(4,700)
Engineering Expense	595	648	1,230	1,236
Operating Profit	735	1,802	6,733	3,066
Interest Income (Expense), Net	5	4	8	6
Other Income (Expense), Net	(14)	24	45	52
Income Before Income Taxes	726	1,830	6,786	3,124
Income Tax Expense	255	671	2,392	1,153
Net Income	471	1,159	4,394	1,971
Less: Net (Income) Loss attributeable to Nonconrolling Interest, Net of Tax	6	6	3	13
Net Income attributable to Omega Flex, Inc.	$ 477	$ 1,165	$ 4,397	$ 1,984
Basic Earnings	$ 0.05	$ 0.12	$ 0.44	$ 0.20
Basic Weighted-Average Shares Outstanding	10,092	10,092	10,092	10,092
Diluted Earnings	$ 0.05	$ 0.12	$ 0.44	$ 0.20
Diluted Weighted-Average Shares Outstanding	10,092	10,092	10,092	10,092

The aggregate costs incurred (1) in a planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service, a new process or technique, or in bringing about a significant improvement to an existing product or process; or (2) to translate research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or the entity's use, during the reporting period charged to research and development projects and, (3) technical support for existing products.

No definition available.