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Quarterly Consolidated Financial Statements (Unaudited)
 12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Consolidated Financial Statements (Unaudited)

15. QUARTERLY CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)

 

The table below sets forth selected quarterly information for each full quarter of 2016 and 2015.

 

    For the Year-Ended December 31, 2016  
    First     Second     Third     Fourth     Year  
    (dollars in thousands except per share data)  
                               
Net Sales   $ 20,626     $ 23,840     $ 23,942     $ 25,643     $ 94,051  
                                         
Gross Profit   $ 12,492     $ 14,689     $ 14,777     $ 15,926     $ 57,884  
                                         
Net Income attributable to Omega Flex, Inc.   $ 2,643     $ 3,713     $ 3,888     $ 4,133     $ 14,377  
                                         
Basic and Diluted Earnings per common share:   $ 0.26     $ 0.37     $ 0.39     $ 0.41     $ 1.42  

 

    For the Year-Ended December 31, 2015  
    First     Second     Third     Fourth     Year  
    (dollars in thousands except per share data)  
                               
Net Sales   $ 20,973     $ 21,636     $ 24,556     $ 26,113     $ 93,278  
                                         
Gross Profit   $ 12,390     $ 13,338     $ 15,286     $ 16,132     $ 57,146  
                                         
Net Income attributable to Omega Flex, Inc.   $ 3,143     $ 3,670     $ 4,232     $ 4,744     $ 15,788  
                                         
Basic and Diluted Earnings per common share:   $ 0.31     $ 0.36     $ 0.42     $ 0.47     $ 1.56