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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net Sales $ 94,051 $ 93,278 $ 85,219
Cost of Goods Sold 36,167 36,132 35,193
Gross Profit 57,884 57,146 50,026
Selling Expense 15,694 15,252 14,109
General and Administrative Expense 17,108 15,707 12,351
Engineering Expense 3,185 2,684 2,921
Operating Profit 21,897 23,503 20,645
Interest Income 98 73 36
Other Expense (474) (12) (82)
Income Before Income Taxes 21,521 23,564 20,599
Income Tax Provision 6,975 7,603 6,994
Net Income 14,546 15,961 13,605
Less: Net Income - Noncontrolling Interest (169) (173) (143)
Net Income attributable to Omega Flex, Inc. $ 14,377 $ 15,788 $ 13,462
Basic and Diluted Earnings per Common Share $ 1.42 $ 1.56 $ 1.33
Basic and Diluted Weighted Average Shares Outstanding 10,092 10,092 10,092