Subsequent Event	9 Months Ended
Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events [Text Block]	16. SUBSEQUENT EVENTS Credit Refinancing On October 27, 2020 , the Company entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National Association, as administrative agent, lead arranger and book runner, and the lenders party thereto (the “Lenders”). Pursuant to the terms of the Credit Agreement, the Lenders made available to the Company secured loans (the “ Wells Fargo Loans ”) in the maximum aggregate principal amount of $ 43,500,000 , consisting of (i) a revolving loan commitment of $ 25,000,000 (approximately $ 8,745,000 of which was advanced to the Company on October 28, 2020) and (ii) term loan commitments of $ 18,500,000 ($ 16,790,000 of which was advanced to the Company on October 28, 2020). Such revolving loan commitment terminates, and all outstanding borrowings thereunder must be repaid, on October 27, 2024 , and such term loans are to be repaid in monthly installments with the remaining outstanding balance due on October 27, 2024 , in each case subject to certain optional and mandatory repayment terms. The Company’s obligations under the Credit Agreement and the Loans are unconditionally guaranteed by each of the Company’s U.S. and Canadian subsidiaries, with such obligations of the Company and such subsidiaries being secured by a lien on substantially all of their U.S. and Canadian assets. Interest is payable monthly and is based on either LIBOR Rate or Base Rate, as defined by the Credit Agreement, at the discretion of the Company. As of October 28, 2020, the revolving loan was based on the Base Rate resulting in a rate of 4.75 % and the term loan was based on the LIBOR Rate resulting in a rate of 3.75 %. In connection with the funding of the Wells Fargo Loans, FGI Equipment Finance LLC advanced to the Company, pursuant to a Master Security Agreement, dated as of October 27, 2020 (the “Security Agreement”), among FGI Equipment Finance LLC, the Company as debtor, and each of Core Composites Corporation and CC HPM, S. de R.L. de C.V. as a guarantor, a term loan in the principal amount of $ 13,200,000 (the “FGIEF Loan”), which loan is secured by certain assets of the Company and the guarantors located in Mexico. Interest is payable monthly at a fixed rate of 8.25 %. The proceeds of the Wells Fargo Loans and the FGIEF Loans were used in part to repay all existing outstanding indebtedness of the Company owing to KeyBank National Association, and to pay certain fees and expenses associated with the transactions contemplated by the Credit Agreement and the Security Agreement, and will be used to finance the ongoing general corporate needs of the Company. Concurrent with the closing of the Credit Agreement and the Master Security Agreement, the Company settled both outstanding interest rate swaps, which resulted in a loss and cash outflow of $ 1,253,000 , recorded in interest expense and operating activities, respectively. The Company also recorded losses of $ 605,000 from writing off outstanding deferred loan costs related to the Amended A/R Credit Agreement. Facility Closure On November 5, 2020 the Company announced it will close the manufacturing facility located in Batavia, Ohio in 2021. The Company has begun working with customers to relocate the business into other Core locations or to third parties. Revenue from the facility accounts for less than 5 % of the Company's total revenues and the Company anticipates approximately half of those revenues will transition to other Core locations. The Company anticipates shutdown costs to consist of severance cost, moving and production testing and recertification costs and asset impairment charges. Management has determined the costs related to the closure of the manufacturing facility located in Batavia, Ohio to be immaterial to the Company’s consolidated financial statements.

Credit Refinancing

October 27, 2020

, the Company entered into a Credit Agreement (the “Credit Agreement”) with Wells Fargo Bank, National

Association, as administrative

agent, lead arranger

and book runner,

and the lenders

party thereto (the

“Lenders”). Pursuant to

the terms of the

Credit Agreement, the Lenders made

available to the Company

secured loans (the “

Wells Fargo Loans

”) in the

maximum aggregate principal

amount of $

43,500,000

, consisting of

(i) a revolving

loan commitment of

25,000,000

(approximately $

8,745,000

of which was

advanced to

the Company on

October 28,

2020) and (ii)

term loan commitments

18,500,000

16,790,000

of which was

advanced to

the Company

on October

28, 2020).

Such revolving

loan commitment

terminates, and all outstanding borrowings thereunder must be repaid, on

October 27, 2024

, and such term loans are to be repaid

monthly

installments with the remaining outstanding balance due on

October 27, 2024

, in each case subject to certain optional

and mandatory repayment

terms.

The Company’s

obligations under

the Credit Agreement

and the Loans

are unconditionally

guaranteed by each

of the Company’s U.S. and

Canadian subsidiaries, with such

obligations of the Company

and such subsidiaries

being secured by a lien on substantially

all of their U.S. and Canadian assets.

Interest is payable monthly and is based

on either

LIBOR Rate or

Base Rate, as

defined by the

Credit Agreement, at the

discretion of the

Company. As of October

28, 2020, the

revolving loan was based on the

Base Rate

resulting in a rate of

4.75

% and the term loan was based on the

LIBOR Rate

resulting

in a rate of

3.75

In connection

with the funding of the Wells Fargo Loans, FGI Equipment Finance LLC advanced to the Company, pursuant to a

Master Security Agreement, dated as of

October 27, 2020

(the “Security Agreement”), among FGI Equipment Finance LLC, the

Company as debtor,

and each of Core

Composites Corporation and

CC HPM, S. de

R.L. de C.V.

as a guarantor,

a term loan in

the principal

amount of

13,200,000

(the “FGIEF

Loan”), which

loan is

secured by

certain assets

of the

Company and

the

guarantors located in Mexico.

Interest is payable

monthly

at a fixed rate of

8.25

The proceeds of the Wells Fargo Loans and the FGIEF Loans were

used in part to repay all existing outstanding indebtedness

the Company owing

to KeyBank

National Association, and

to pay certain

fees and expenses

associated with

the transactions

contemplated by the

Credit Agreement and the

Security Agreement, and will

be used to

finance the ongoing

general corporate

needs of the Company.

Concurrent with the closing of the Credit

Agreement and the Master Security Agreement, the Company settled both

outstanding

interest rate swaps, which resulted in a loss

and cash outflow of $

1,253,000

, recorded in interest expense and operating activities,

respectively. The

Company also

recorded losses

of $

605,000

from writing

off outstanding

deferred loan

costs related

to the

Amended A/R Credit Agreement.

Facility Closure

On November 5, 2020 the Company announced it will close the manufacturing facility located in Batavia, Ohio in 2021. The

Company has begun working with customers to relocate the business into other Core locations or to third parties.

Revenue from

the facility accounts for less than

% of the Company's total revenues and the Company anticipates

approximately half of those

revenues will transition to other Core locations. The Company anticipates shutdown

costs to consist of severance cost, moving

and production testing and recertification costs and asset impairment

charges. Management has determined the costs related

the closure of the manufacturing facility located in Batavia, Ohio to

be immaterial to the Company’s

consolidated financial

statements.