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Description of Business, Basis of Consolidation and Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2015
Summary of Business Sales and Gross Profit Information | Based on similar economic and operational characteristics, the Company’s business is aggregated into one reportable segment. Selective enterprise information is as follows:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Insecticides |  | $ | 117,180 |  |  | $ | 135,705 |  |  | $ | 193,623 |
Herbicides/soil fumigants/fungicides |  |  | 111,897 |  |  |  | 101,785 |  |  |  | 121,042 |
Other, including plant growth regulators |  |  | 29,013 |  |  |  | 30,220 |  |  |  | 31,849 |
Total crop |  |  | 258,090 |  |  |  | 267,710 |  |  |  | 346,514 |
Non-crop |  |  | 31,292 |  |  |  | 30,924 |  |  |  | 34,507 |
|  | $ | 289,382 |  |  | $ | 298,634 |  |  | $ | 381,021 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |
Crop |  | $ | 97,198 |  |  | $ | 101,633 |  |  | $ | 155,275 |
Non-crop |  |  | 14,704 |  |  |  | 12,863 |  |  |  | 16,072 |
|  | $ | 111,902 |  |  | $ | 114,496 |  |  | $ | 171,347 |
Summary of Operating Expense | Operating expenses include cost centers for Selling, General and Administrative, Research, Product Development, and Regulatory, and finally, Freight, Delivery and Warehousing.
|  | 2015 |  |  | 2014 |  |  | 2013 |
Selling |  | $ | 27,360 |  |  | $ | 31,593 |  |  | $ | 32,929 |
General and administrative |  |  | 28,516 |  |  |  | 27,057 |  |  |  | 33,536 |
Research, product development and regulatory |  |  | 18,808 |  |  |  | 21,206 |  |  |  | 21,644 |
Freight, delivery and warehousing |  |  | 25,694 |  |  |  | 27,930 |  |  |  | 27,503 |
|  | $ | 100,378 |  |  | $ | 107,786 |  |  | $ | 115,612 |
Components of Inventories | The components of inventories consist of the following:
|  | 2015 |  |  | 2014 |
Finished products |  | $ | 120,456 |  |  | $ | 142,853 |
Raw materials |  |  | 16,021 |  |  |  | 22,778 |
|  | $ | 136,477 |  |  | $ | 165,631 |
Impact of Derivatives on Statement of Operations | The following tables illustrate the impact of derivatives on the Company’s statement of operations for the year ended December 31, 2015 and 2014.
The Effect of Derivative Instruments on the Statement of Financial Performance For the Year Ended December 31 |
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) |
| 2015 |  |  | 2014 |  |  |  | 2015 |  |  | 2014 |  |  |  | 2015 |  |  | 2014 |
Interest rate contracts |  | $ | 0 |  |  | $ | (30 | ) |  |  | Interest expense |  |  | $ | (0 | ) |  | $ | (594 | ) |  |  | Interest expense |  |  | $ | (0 | ) |  | $ | (3 | )
Total |  | $ | 0 |  |  | $ | (30 | ) |  |  |  |  |  | $ | (0 | ) |  | $ | (594 | ) |  |  |  |  |  | $ | (0 | ) |  | $ | (3 | )
Components of Basic and Diluted Earnings per Share | The components of basic and diluted earnings per share were as follows:
|  | 2015 |  |  | 2014 |  |  | 2013 |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to American Vanguard |  | $ | 6,591 |  |  | $ | 4,841 |  |  | $ | 34,449 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average shares outstanding—basic |  |  | 28,673 |  |  |  | 28,436 |  |  |  | 28,301 |
Dilutive effect of stock options and grants |  |  | 564 |  |  |  | 476 |  |  |  | 598 |
|  |  | 29,237 |  |  |  | 28,912 |  |  |  | 28,899 |
Unamortized Stock Based Compensation Expenses | The below tables illustrate the Company’s stock based compensation, unamortized stock-based compensation, and remaining weighted average period for the year ended December 31, 2015, 2014 and 2013. This projected expense will change if any stock options and restricted stock are granted or cancelled prior to the respective reporting periods or if there are any changes required to be made for estimated forfeitures.
|  | Stock-Based Compensation |  |  | Unamortized Stock-Based Compensation |  |  | Remaining Weighted Average Period (years) |
December 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Incentive Stock Options |  | $ | 431 |  |  | $ | 887 |  |  |  | 2.0 |
Performance Based Options |  |  | 149 |  |  |  | 331 |  |  |  | 2.0 |
Restricted Stock |  |  | 2,972 |  |  |  | 2,153 |  |  |  | 1.3 |
Performance Based Restricted Stock |  |  | 329 |  |  |  | 583 |  |  |  | 1.5 |
Total |  | $ | 3,881 |  |  | $ | 3,954 |  |  |  |  |
December 31, 2014 |  |  |  |  |  |  |  |  |  |  |  |
Incentive Stock Options |  | $ | 22 |  |  | $ | 1,457 |  |  |  | 3.0 |
Performance Based Options |  |  | — |  |  |  | 551 |  |  |  | 3.0 |
Restricted Stock |  |  | 3,963 |  |  |  | 4,829 |  |  |  | 1.8 |
Performance Based Restricted Stock |  |  | 168 |  |  |  | 1,249 |  |  |  | 2.1 |
Total |  | $ | 4,153 |  |  | $ | 8,086 |  |  |  |  |
December 31, 2013 |  |  |  |  |  |  |  |  |  |  |  |
Incentive Stock Options |  | $ | 764 |  |  | $ | 21 |  |  |  | 0.5 |
Restricted Stock |  |  | 2,965 |  |  |  | 5,435 |  |  |  | 1.9 |
Performance Based Restricted Stock |  |  | 90 |  |  |  | 564 |  |  |  | 2.4 |
Total |  | $ | 3,819 |  |  | $ | 6,020 |  |  |  |  |
Summary of Value Option Grants Using Weighted Average Assumptions | The Company uses the Black-Scholes option-pricing model (“Black-Scholes model”) to value option grants using the following weighted average assumptions:
|  | 2014 |
Risk free interest rate |  |  | 2.0 | %
Dividend yield |  |  | 0.9 | %
Volatility factor |  |  | 48.9 | %
Weighted average life (years) |  |  | 6.5 years |

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