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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2016	Mar. 03, 2017	Jun. 30, 2016
Document And Entity Information
Entity Registrant Name	ACME UNITED CORP
Entity Central Index Key	0000002098
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Is Entity a Well-known Seasoned Issuer?	No
Is Entity a Voluntary Filer?	No
Is Entity's Reporting Status Current?	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		3,327,455
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2016
Entity Public Float			$ 53,187,468

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Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Consolidated Statements Of Operations
Net sales	$ 124,574,371	$ 109,811,768
Cost of goods sold	79,019,315	70,250,550
Gross profit	45,555,056	39,561,218
Selling, general and administrative expenses	37,113,000	32,214,212
Operating income	8,442,056	7,347,006
Interest:
Interest expense	(868,626)	(570,080)
Interest income	119	4,868
Interest expense, net	(868,507)	(565,212)
Other expense	(76,846)	(167,397)
Total other expense, net	(945,353)	(732,609)
Income before income tax expense	7,496,703	6,614,397
Income tax expense	1,645,705	1,820,872
Net income	$ 5,850,998	$ 4,793,525
Basic earnings per share	$ 1.76	$ 1.44
Diluted earnings per share	$ 1.64	$ 1.30

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Consolidated Statements of Comprehensive Income - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Consolidated Statements Of Comprehensive Income
Net income	$ 5,850,998	$ 4,793,525
Other comprehensive (loss) gain -
Foreign currency translation	(89,556)	(830,867)
Change in net prior service credit and actuarial gains (losses), net of income tax expense	284,145	(52,825)
Total other comprehensive gain (loss)	194,589	(883,692)
Comprehensive income	$ 6,045,587	$ 3,909,833

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Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 5,910,770	$ 2,425,891
Accounts receivable, less allowance	20,020,984	19,565,088
Inventories	37,237,861	35,507,591
Deferred income taxes	501,708	389,961
Prepaid expenses and other current assets	1,791,871	1,744,956
Total current assets	65,463,194	59,633,487
Property, plant and equipment:
Land	412,598	417,209
Buildings	5,668,866	5,418,101
Machinery and equipment	13,428,678	10,254,070
Total property, plant and equipment	19,510,142	16,089,380
Less: accumulated depreciation	11,537,242	8,687,902
Net plant, property and equipment	7,972,900	7,401,478
Intangible assets, less accumulated amortization	13,988,186	11,950,991
Goodwill	3,948,235	1,406,000
Deferred income taxes	668,641	880,917
Other assets	24,936	148,493
Total assets	92,066,092	81,421,366
Current liabilities:
Accounts payable	7,338,798	6,664,160
Other accrued liabilities	5,480,950	5,272,593
Total current liabilities	12,819,748	11,936,753
Long-term debt	32,935,858	25,912,652
Other accrued liabilities - non current	190,140	388,400
Total liabilities	45,945,746	38,237,805
STOCKHOLDERS' EQUITY
Common stock, par value $2.50: authorized 8,000,000 shares; issued - 4,788,965 shares in 2016 and 4,751,060 shares in 2015, including treasury stock	11,971,657	11,876,895
Treasury stock, at cost, 1,464,010 in 2016 and 1,402,517 shares in 2015	(13,870,041)	(12,962,947)
Additional paid-in capital	8,493,256	9,460,008
Accumulated other comprehensive loss	(2,336,201)	(2,530,790)
Retained earnings	41,861,675	37,340,395
Total stockholders' equity	46,120,346	43,183,561
Total liabilities and stockholders' equity	$ 92,066,092	$ 81,421,366

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Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2016	Dec. 31, 2015
STOCKHOLDERS' EQUITY
Common stock, par value	$ 2.50	$ 2.50
Common stock, shares authorized	8,000,000	8,000,000
Common stock, shares issued	4,788,965	4,751,060
Treasury stock, shares	1,464,010	1,402,517

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Consolidated Statements of Changes in Stockholders' Equity - USD ($)	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Total
Balance at Dec. 31, 2014	$ 11,632,805	$ (12,283,251)	$ 7,941,330	$ (1,647,098)	$ 33,784,270	$ 39,428,056
Balance (shares) at Dec. 31, 2014	3,291,352
Net income					4,793,525	4,793,525
Total other comprehensive loss				(883,692)		(883,692)
Stock compensation expense			513,986			513,986
Distribution to shareholders					(1,237,400)	(1,237,400)
Issuance of common stock	$ 244,090		1,004,692			$ 1,248,782
Issuance of common stock (shares)	97,636					97,636
Purchase of treasury stock		(679,696)				$ (679,696)
Purchase of treasury stock (shares)	(40,445)
Balance at Dec. 31, 2015	$ 11,876,895	(12,962,947)	9,460,008	(2,530,790)	37,340,395	43,183,561
Balance (shares) at Dec. 31, 2015	3,348,543
Net income					5,850,998	5,850,998
Total other comprehensive loss				194,589		194,589
Stock compensation expense			440,536			440,536
Tax benefit from exercise of employee stock options			567,309			567,309
Distribution to shareholders					(1,329,717)	(1,329,717)
Issuance of common stock	$ 94,762		299,776			$ 394,538
Issuance of common stock (shares)	37,905					316,699
Cash settlement of stock options			(2,274,374)			$ (2,274,374)
Purchase of treasury stock		(907,094)				(907,094)
Purchase of treasury stock (shares)	(61,493)
Balance at Dec. 31, 2016	$ 11,971,657	$ (13,870,041)	$ 8,493,256	$ (2,336,201)	$ 41,861,675	$ 46,120,346
Balance (shares) at Dec. 31, 2016	3,324,955

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Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Operating Activities:
Net income	$ 5,850,998	$ 4,793,525
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation	1,490,805	1,318,357
Amortization	930,941	734,496
Stock compensation expense	440,536	513,986
Deferred income taxes	100,529	(201,553)
Changes in operating assets and liabilities
Accounts receivable	499,940	(16,948)
Inventories	(1,483,785)	(2,599,728)
Prepaid expenses and other current assets	314,824	(123,267)
Accounts payable	610,498	(1,065,428)
Other accrued liabilities	101,927	(2,273,701)
Total adjustments	3,006,214	(3,713,786)
Net cash provided by operating activities	8,857,211	1,079,738
Investing Activities:
Purchase of plant, property and equipment	(1,809,823)	(1,756,732)
Purchase of patents and trademarks	(29,371)	(161,877)
Proceeds from sales of plant, property and equipment		4,980
Acquisition of DMT	(6,970,910)
Net cash used by investing activities	(8,810,104)	(1,913,629)
Financing Activities:
Net borrowings of long-term debt	7,023,205	1,765,811
Distributions to shareholders	(1,332,757)	(1,198,848)
Cash settlement of stock options	(2,274,374)
Excess tax benefit from the exercise of stock options	567,309
Purchase of treasury stock	(907,094)	(679,696)
Issuance of common stock	394,538	1,248,782
Net cash provided by financing activities	3,470,827	1,136,049
Effect of exchange rate changes	(33,056)	(161,929)
Net increase in cash and cash equivalents	3,484,880	140,231
Cash and cash equivalents at beginning of year	2,425,891	2,285,660
Cash and cash equivalents at end of year	5,910,770	2,425,891
Supplemental cash flow information
Cash paid for income taxes	1,779,879	2,412,008
Cash paid for interest expense	$ 841,634	$ 563,837

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Operations

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Operations

1. Operations

The operations of Acme United Corporation (the “Company”) consist of three reportable segments. The operations of the Company are structured and evaluated based on geographic location. The three reportable segments operate in the United States (including Asian operations), Canada and Europe. Principal products across all segments are scissors, shears, knives, rulers, pencil sharpeners, first aid kits, and related products which are sold primarily to wholesale, contract and retail stationery distributors, office supply super stores, mass market retailers, industrial distributors, school supply distributors, drug store retailers, sporting goods stores, hardware chains and wholesale florists.

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Accounting Policies

12 Months Ended

Dec. 31, 2016

Accounting Policies [Abstract]

Accounting Policies

2. Accounting Policies

Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most sensitive and significant accounting estimates relate to customer rebates, valuation allowances for deferred income tax assets, obsolete and slow-moving inventories, potentially uncollectible accounts receivable, pension liability and accruals for income taxes. Actual results could differ from those estimates.

Principles of Consolidation - The consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned by the Company. All significant intercompany accounts and transactions are eliminated in consolidation.

Translation of Foreign Currency - For foreign operations whose functional currencies are not U.S. dollars, assets and liabilities are translated at rates in effect at the end of the year; revenues and expenses are translated at average rates in effect during the year. Resulting translation adjustments are made directly to accumulated other comprehensive income. Foreign currency transaction gains and losses are recognized in operating results. Foreign currency transaction losses, which are included in other expense, net, were $75,041 in 2016 and $202,587 in 2015.

Cash Equivalents - Investments with an original maturity of three months or less, as well as time deposits and certificates of deposit that are readily redeemable at the date of purchase, are considered cash equivalents.

Accounts Receivable - Accounts receivable are shown less an allowance for doubtful accounts of $152,357 at December 31, 2016 and $104,760 at December 31, 2015.

Inventories - Inventories are stated at the lower of cost, determined by the first-in, first-out method, or market.

Property, Plant and Equipment and Depreciation – Property, plant and equipment is recorded at cost. Depreciation is computed by the straight-line method over the estimated useful lives of the assets, which range from 3 to 30 years.

Intangible Assets– Intangible assets with finite useful lives are recorded at cost upon acquisition, and amortized over the term of the related contract or useful life, as applicable. Intangible assets held by the Company with finite useful lives include patents and trademarks. Patents and trademarks are amortized over their estimated useful lives. The weighted average amortization period for intangible assets at December 31, 2016 was 8 years. The Company periodically reviews the values recorded for intangible assets to assess recoverability from future operations whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. At December 31, 2016 and 2015, the Company assessed the recoverability of its long-lived assets and believed that there were no events or circumstances present that would that would require a test of recoverability on those assets. As a result, there was no impairment of the carrying amounts of such assets and no reduction in their estimated useful lives.

Deferred Income Taxes - Deferred income taxes are provided for the differences between the financial statement and tax bases of assets and liabilities, and on operating loss carryovers, using tax rates in effect in years in which the differences are expected to reverse.

Revenue Recognition – Revenue is recognized when the price is fixed, the title and risks and rewards of ownership have passed to the customer, and when collection is reasonably assured. Depending on the contractual terms of each customer, revenue is recognized either at the time of shipment or upon delivery. When revenue is recorded, estimates of returns are made and recorded as a reduction of revenue. Customer rebates and incentives are earned based on promotional programs in place, volume of purchases or other factors are also estimated at the time of revenue recognition and recorded as a reduction of that revenue.

Research and Development – Research and development costs ($750,000 in 2016 and 690,000 in 2015) are expensed as incurred.

Shipping Costs – The costs of shipping product to our customers ($5,388,481 in 2016 and $4,597,663 in 2015) are included in selling, general and administrative expenses.

Advertising Costs – The Company expenses the production costs of advertising the first time that the related advertising takes place. Advertising costs ($1,934,250 in 2016 and $1,717,456 in 2015) are included in selling, general and administrative expenses.

Subsequent Events - The Company has evaluated events and transactions subsequent to December 31, 2016 through the date the consolidated financial statements were included in this Form 10-K and filed with the SEC.

Concentration – The Company performs ongoing credit evaluations of its customers and generally does not require collateral for the extension of credit. Allowances for credit losses are provided and have been within management's expectations. In 2016 and 2015, the Company had two customers that individually exceeded 10% of consolidated net sales. In 2016, net sales to these customers amounted to approximately 14% and 11%, respectively, and 12% for each in 2015.

Recently Issued Accounting Standards

In February 2016, the FASB issued guidance that will change the requirements for accounting for leases. The principal change under the new accounting guidance is that lessees under leases classified as operating leases will recognize a right-of-use asset and a lease liability. Current lease accounting does not require lessees to recognize assets and liabilities arising under operating leases on the balance sheet. Under the new guidance, lessees (including lessees under leases classified as finance leases and operating leases) will recognize a right-to-use asset and a lease liability on the balance sheet, initially measured as the present value of lease payments under the lease. Expense recognition and cash flow presentation guidance will be based upon whether the lease is classified as an operating lease or a finance lease (the classification criteria for distinguishing between finance leases and operating leases is substantially similar to the classification criteria for distinguishing between capital leases and operating leases under current guidance). The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted. The new standard must be adopted using a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements; the guidance provides certain practical expedients. The Company is currently evaluating this guidance to determine its impact on the Company’s results of operations, cash flows and financial position.

In March 2016, the FASB issued ASU 2016-09 to improve the accounting for employee share-based payments. This standard simplifies several aspects of the accounting for share-based payment award transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows, as part of FASB’s simplification initiative to reduce cost and complexity in accounting standards while maintaining or improving the usefulness of the information provided to the users of financial state. The Company is still evaluating whether the adoption of this standard on January 1, 2017 will have a material impact on its consolidated financial statements.

In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes" (Topic 740), which simplifies the presentation of deferred income taxes. This ASU requires that deferred tax assets and liabilities be classified as non-current in a statement of financial position. ASU 2015-17 may be adopted either prospectively or retrospectively and is effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The Company expects the adoption of this ASU to result in a reclassification of its net current deferred tax asset to the net non-current deferred tax asset on it consolidated balance sheet.

In August 2015, the FASB issued ASU No. 2015-14, which defers the effective date of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) by one year. ASU 2015-14 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. As a result, the ASU is now effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, which for us is the first quarter of 2018. Earlier application is permitted for fiscal years beginning after December 15, 2016, including interim reporting periods within those years, which for us is the first quarter of 2017. We do not expect this ASU to have a material impact on our financial position, results of operations or disclosures.

In July 2015, the FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory" (Topic 330). The new guidance changes the subsequent measurement of inventory from lower of cost or market to lower of cost and net realizable value. ASU 2015-11 should be applied on a prospective basis and is effective for the Company beginning in the first fiscal quarter of 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on its financial position, results of operations or cash flows.

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Inventories

12 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories

3. Inventories

	December 31,
Inventories consisted of:	2016		2015
Finished goods	$	33,971,922	$	29,802,745
Work in process		187,833		169,540
Materials and supplies		3,078,106		5,535,306
	$	37,237,861	$	35,507,591

Inventories are stated net of valuation allowances for slow moving and obsolete inventory of $677,253 as of December 31, 2016 and $698,592 as of December 31, 2015.

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Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

4. Intangible Assets and Goodwill

	December 31,
Intangible assets consisted of:	2016		2015

First Aid Only Tradename, Customer List	$	8,910,010	$	8,910,010
DMT Tradename, Customer List		2,756,000		—
DMT Non-Compete		183,000		—
Patents		2,271,980		2,242,844
Trademarks		663,698		663,698
Pac-Kit Tradename, Customer List		1,500,000		1,500,000
C-Thru, Customer List		1,050,000		1,050,000
Subtotal		17,334,688		14,366,552
Accumulated amortization		3,346,502		2,415,561
Subtotal Intangible assets		13,988,186		11,950,991

Goodwill		3,948,235		1,406,000
	$	17,936,421	$	13,356,991

Amortization expense for patents and trademarks for the years ended December 31, 2016, and 2015 were $930,941 and $734,496, respectively. The estimated aggregate amortization expense for each of the next five succeeding years, calculated on a similar basis, is as follows: 2017 - $953,038; 2018 - $932,247; 2019 - $881,785; 2020 - $877,164; and 2021 - $875,339.

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Other Accrued Liabilities

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

Other Accrued Liabilities

5. Other Accrued Liabilities

Other current and long-term accrued liabilities consisted of:

	December 31,
	2016		2015
Customer rebates	$	2,789,003	$	3,168,756
Remediation liability		57,197		80,947
Pension liability		205,071		359,216
Other		2,619,819		2,052,074
	$	5,671,090	$	5,660,993

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Pension and Profit Sharing

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Pension and Profit Sharing

6. Pension and Profit Sharing

United States employees, hired prior to July 1, 1993, are covered by a funded, defined benefit pension plan. The benefits of this pension plan are based on years of service and the average compensation of the highest three consecutive years during the last ten years of employment. In December 1995, the Company's Board of Directors approved an amendment to the United States pension plan that terminated all future benefit accruals as of February 1, 1996, without terminating the pension plan.

The Company’s funding policy with respect to its qualified plan is to contribute at least the minimum amount required by applicable laws and regulations. In 2016, the Company did not contribute to the plan.

The plan asset weighted average allocation at December 31, 2016 and December 31, 2015, by asset category, were as follows:

Asset Category	2016	2015
Equity Securities	65%	58%
Fixed Income Securities	32%	37%
Other Securities / Investments	3%	5%
Total	100%	100%

The Company’s investment policy for the pension plan is to minimize risk by balancing investments between equity securities and fixed income securities. Plan funds are invested in long-term obligations with a history of moderate to low risk.

As of December 31, 2015, equity securities in the pension plan included 10,000 shares of the Company's Common Stock, having a market value of $174,000. As of December 31, 2016, the plan did not hold shares of the Company.

The pension plan asset information included below is presented at fair value. ASC 820 establishes a framework for measuring fair value and requires disclosures about assets and liabilities measured at fair value. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value into three levels as follows:

Level 1 – Inputs to the valuation methodology based on unadjusted quoted market prices in active markets that are accessible at the measurement date.

Level 2 – Inputs to the valuation methodology that include quoted market prices that are not considered to be active or financial instruments for which all significant inputs are observable, either directly or indirectly.

Level 3 – Inputs to the valuation methodology are unobservable and significant to the fair value measurement.

The following tables present the pension plan assets by level within the fair value hierarchy as of December 31, 2016 and 2015:

2016	Level 1		Level 2		Level 3		Total
Money Market Fund	$	19,327	$	19,897	$	—	$	39,224
Acme United Common Stock		—		—		—		—
Equity Common and Collected Funds		131,737		705,523		—		837,260
Fixed Income Common and Collected Funds		104,491		313,752		—		418,243
Total	$	255,555	$	1,039,172	$	—	$	1,294,727

2015	Level 1		Level 2		Level 3		Total
Money Market Fund	$	66,914	$	—	$	—	$	66,914
Acme United Common Stock		174,000		—		—		174,000
Equity Common and Collected Funds		—		652,135		—		652,135
Fixed Income Common and Collected Funds		—		524,523		—		524,523
Total	$	240,914	$	1,176,658	$	—	$	1,417,572

Other disclosures related to the pension plan follow:

	2016			2015
Assumptions used to determine benefit obligation:
Discount rate		3.40	%		3.50	%
Changes in benefit obligation:
Benefit obligation at beginning of year	$	(1,776,788	)	$	(1,904,377	)
Interest cost		(55,811	)		(59,348	)
Service cost		(36,000	)		(25,000	)
Actuarial gain (loss)		99,019			(62,677	)
Benefits and plan expenses paid		269,782			274,614
Benefit obligation at end of year		(1,499,798	)		(1,776,788	)

Changes in plan assets:
Fair value of plan assets at beginning of year		1,417,572			1,684,535
Actual return on plan assets		146,937			(22,349	)
Employer contribution		—			30,000
Benefits and plan expenses paid		(269,782	)		(274,614	)
Fair value of plan assets at end of year		1,294,727			1,417,572
Funded status	$	(205,071	)	$	(359,216	)

Amounts recognized in Accumulated Other Comprehensive Income:
Net actuarial loss	$	1,128,647		$	1,423,319
Prior service cost		2,168			2,711
Total	$	1,130,815		$	1,426,030

Accrued benefits costs are included in other accrued liabilities (non-current).

	2016			2015
Assumptions used to determine net periodic benefit cost:
Discount rate		3.50	%		3.23	%
Expected return on plan assets		6.00	%		6.00	%
Components of net benefit expense:
Interest cost	$	55,811		$	59,348
Service cost		36,000			25,000
Expected return on plan assets		(76,138	)		(92,620	)
Amortization of prior service costs		543			9,155
Amortization of actuarial loss		124,854			122,352
Net periodic benefit cost	$	141,070		$	123,235

The Company employs a building block approach in determining the long-term rate of return for plan assets. Historical markets are studied and long-term historical relationships between equity securities and fixed income securities are preserved consistent with the widely-accepted capital market principle that assets with higher volatility generate higher returns over the long run. Our expected 6% long-term rate of return on plan assets is determined based on long-term historical performance of plan assets, current asset allocation and projected long-term rates of return.

The following table discloses the change recorded in other comprehensive income related to benefit costs:

	2016			2015

Balance at beginning of the year	$	1,426,030		$	1,379,890
Change in net loss		(169,818	)		177,647
Amortization of actuarial loss		(124,854	)		(122,352	)
Amortization of prior service cost		(543	)		(9,155	)
Change recognized in other comprehensive income		(295,215	)		46,140
Total recognized in other comprehensive income	$	1,130,815		$	1,426,030

The Company anticipates that in 2017, net periodic benefit cost will include approximately $106,000 of net actuarial loss and $1,000 of prior service cost.

The following benefits are expected to be paid:

2017	$	207,000
2018		187,000
2019		169,000
2020		152,000
2021		136,000
Years 2022 - 2026		488,000

The Company also has a qualified, profit sharing plan covering substantially all of its United States employees. Annual Company contributions to this profit sharing plan are determined by the Company’s Compensation Committee. For the years ended December 31, 2016 and 2015, the Company contributed 50% of employee’s contributions, up to the first 6% contributed by each employee. Total contribution expense under this profit sharing plan was $188,518 in 2016 and $166,050 in 2015.

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Income Taxes

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Taxes

7. Income Taxes

The amounts of income tax expense (benefit) reflected in operations is as follows:

	2016			2015
Current:
Federal	$	566,361		$	1,304,253
State		(5,648	)		164,913
Foreign		984,469			553,259
		1,545,182			2,022,425

Deferred:
Federal		83,290			(196,476	)
State		17,233			(5,077	)
		100,523			(201,553	)
	$	1,645,705		$	1,820,872

The current state tax provision was comprised of taxes on income, the minimum capital tax and other franchise taxes related to the jurisdictions in which the Company's facilities are located.

A summary of United States and foreign income before income taxes follows:

	2016		2015
United States	$	2,008,065	$	3,256,251
Foreign		5,488,638		3,358,146
	$	7,496,703	$	6,614,397

As discussed in Note 10 below, for segment reporting, Direct Import sales are included in the United States segment. However, the revenues are earned by our Hong Kong subsidiary and related income taxes are paid in Hong Kong whose rate approximates 16.5%. As such, income of the Asian subsidiary is included in the foreign income before taxes.

The following schedule reconciles the amounts of income taxes computed at the United States statutory rates to the actual amounts reported in operations:

	2016			2015
Federal income
taxes at
34% statutory rate	$	2,496,270		$	1,878,464
State and local
taxes, net of
federal income
tax effect		18,998			105,492
Permanent items		(25,077	)		328,075
Foreign tax rate difference		(919,038	)		(601,269	)
Change in deferred income tax
valuation allowance		74,552			110,110

Provision for income taxes	$	1,645,705		$	1,820,872

The following summarizes deferred income tax assets and liabilities:

	2016			2015
Deferred income tax liabilities:
Plant, property
and equipment	$	604,271		$	536,759
		604,271			536,759

Deferred income tax assets:
Asset valuations		720,189			677,994
Operating loss
carryforwards and credits		121,658			110,110
Pension		227,681			189,920
Foreign tax credit		186,504			186,504
Other		593,140			753,219
		1,849,172			1,917,747
Net deferred
income tax asset before valuation allowance		1,244,901			1,380,988
Valuation
allowance		(74,552	)		(110,110	)
Net deferred
income tax asset	$	1,170,349		$	1,270,878

In 2016, the Company evaluated its tax positions for years which remain subject to examination by major tax jurisdictions, in accordance with the requirements of ASC 740 and as a result concluded no adjustment was necessary. The Company files income tax returns in the U.S. federal jurisdiction, and various state and foreign jurisdictions. The Company’s evaluation of uncertain tax positions was performed for the tax years ended December 31, 2013 and forward, the tax years which remain subject to examination by major tax jurisdictions as of December 31, 2016.

In accordance with the Company’s accounting policies, any interest and penalties related to uncertain tax positions are recognized as a component of income tax expense.

The Company provides deferred income taxes on foreign subsidiary earnings, which are not considered permanently reinvested. Earnings permanently reinvested would become taxable upon the sale or liquidation of a foreign subsidiary or upon the remittance of dividends. The Company plans to repatriate future earnings of its Canadian subsidiary and will provide for U.S. income taxes accordingly. Foreign subsidiary earnings of $7,158,497 and $3,157,020 are considered permanently reinvested as of December 31, 2016 and 2015, respectively, and no deferred income taxes have been provided on these foreign earnings. These unremitted foreign earnings are primarily related to the Hong Kong subsidiary, and there is no unrecognized deferred income tax liability for these permanently reinvested earnings.

Due to the uncertain nature of the realization of the Company's deferred income tax assets based on past performance of its German subsidiary and carry forward expiration dates, the Company has recorded a valuation allowance for the amount of deferred income tax assets which are not expected to be realized. This valuation allowance, all of which is related to deferred tax assets resulting from net operating losses of the Company’s German subsidiary, is subject to periodic review, and, if the allowance is reduced, the tax benefit will be recorded in future operations as a reduction of the Company's tax expense.

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Long-Term Debt

12 Months Ended

Dec. 31, 2016

Long-term Debt

Long-Term Debt

8. Long-Term Debt

On May 6, 2016, the Company amended its revolving credit loan agreement with HSBC Bank, N.A. The amended facility provides for borrowings of up to an aggregate of $50 million at an interest rate of LIBOR plus 2.0%. In addition, the Company must pay a facility fee, payable quarterly, in an amount equal to two tenths of one percent (.20%) per annum of the average daily unused portion of the revolving credit line. All principal amounts outstanding under the agreement are required to be repaid in a single amount on May 6, 2019, the date the agreement expires; interest is payable monthly. Funds borrowed under the agreement may be used for working capital, acquisitions, general operating expenses, share repurchases and certain other purposes. Under the revolving loan agreement, the Company is required to maintain specific amounts of tangible net worth, a specified debt to net worth ratio and a fixed charge coverage ratio and must have annual net income greater than $0, measured as of the end of each fiscal year. At December 31, 2016, the Company was in compliance with the covenants then in effect under its loan agreement.

Long term debt consists of borrowings under the Company’s revolving loan agreement with HSBC Bank, N.A. As of December 31, 2016, $32,935,858 was outstanding and $17,064,142 was available for borrowing under the Company’s revolving loan agreement.

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Commitments and Contingencies

12 Months Ended

Dec. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

9. Commitments and Contingencies

The Company leases certain office, manufacturing and warehouse facilities and various equipment under non-cancelable operating leases. Total rent expense was $1,227,341 and $1,350,617 in 2016 and 2015, respectively. Minimum annual rental commitments under non-cancelable leases with remaining terms of one year or more as of December 31, 2016 are as follows: 2017 - $1,207,410; 2018 - $1,088,244; 2019 - $918,549; 2020 - $873,644; 2021 – $437,668 and thereafter - $0.

There are no pending material legal proceedings to which the Company is a party or, to the actual knowledge of the Company, contemplated by any governmental authority.

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Segment Information

12 Months Ended

Dec. 31, 2016

Segment Information

Segment Information

10. Segment Information

The Company reports financial information based on the organizational structure used by management for making operating and investment decisions and for assessing performance. The Company’s reportable business segments include (1) United States; (2) Canada and (3) Europe. The financial results for the Company’s Asian operations have been aggregated with the results of its United States operations to form one reportable segment called the “United States segment”. Sales in the United States segment include both domestic sales as well as direct import sales. Each reportable segment derives its revenue from the sales of cutting devices, measuring instruments and first aid products for school, home, office, hardware, sporting goods and industrial use.

Domestic sales orders are filled from the Company’s distribution centers in North Carolina, Washington and Massachusetts. The Company is responsible for the costs of shipping, insurance, customs clearance, duties, storage and distribution related to such products. Orders filled from the Company’s inventory are generally for less than container-sized lots.

Direct Import sales are products sold by the Company’s Asian subsidiary, directly to major U.S. retailers who take ownership of the products in Asia. These sales are completed by delivering product to the customers’ common carriers at the shipping points in Asia. Direct Import sales are made in larger quantities than domestic sales, typically full containers. Direct Import sales represented approximately 17% and 18% of the Company’s total net sales in 2016 and 2015, respectively.

The Chief Operating Decision Maker evaluates the performance of each operating segment based on segment revenues and operating income. Segment revenues are defined as total revenues, including both external customer revenue and inter-segment revenue. Segment operating earnings are defined as segment revenues, less cost of goods sold and operating expenses. Identifiable assets by segment are those assets used in the respective reportable segment’s operations. Inter-segment amounts are eliminated to arrive at consolidated financial results.

The following table sets forth certain financial data by segment for the fiscal years ended December 31, 2016 and 2015:

Financial data by segment:

Year Ended December 31, 2016

(000's omitted)	United States		Canada		Europe		Consolidated
Net sales	$	110,793	$	6,824	$	6,957	$	124,574

Operating income		7,769		568		105		8,442
Assets		84,104		3,882		4,080		92,066
Additions to property, plant and equipment		1,737		7		44		1,789
Depreciation and amortization		2,362		8		23		2,393

Year Ended December 31, 2015

Net sales	$	96,622	$	6,804	$	6,385	$	109,812

Operating income		7,147		56		144		7,347
Assets		73,688		3,709		4,024		81,421
Additions to property, plant and equipment		1,720		19		17		1,757
Depreciation and amortization		2,017		8		28		2,053

The following is a reconciliation of segment operating income to consolidated income before taxes:

	2016		2015
Total operating income	$	8,442	$	7,347
Interest expense, net		869		565
Other expense, net		77		167
Consolidated income before taxes	$	7,497	$	6,614

Net Income	$	5,851	$	4,794

The table below presents revenue by geographic area. Revenues are attributed to countries based on location of the customer.

Revenues	2016		2015
United States	$	109,823	$	95,652
International:
Canada		6,824		6,804
Europe		6,957		6,385
Other		970		971
Total International	$	14,751	$	14,160

Total Revenues	$	124,574	$	109,812

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-Name Accounting Standards Codification
-Topic 280
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+ Details

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Stock Option Plans

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Option Plans

11. Stock Option Plans

The Company grants stock options under the 2012 Employee Stock Option Plan (the “2012 Employee Plan”). The Company also has two plans under which the Company no longer grants options but under which certain options remain outstanding: the 2002 Employee stock Option Plan and the 2005 Non-Salaried Director Stock Option Plan (the “2005 Director Plan”).

The 2012 Employee Plan, which became effective April 23, 2012, provides for the issuance of incentive and nonqualified stock options at an exercise price equal to the fair market value of the Common Stock on the date the option is granted. The terms of the options granted are subject to the provisions of the 2012 Employee Plan. Options granted under the 2012 Employee Plan vest 25% one day after the first anniversary of the grant date and 25% one day after each of the next three anniversaries. As of December 31, 2016, the number of shares available for grant under the 2012 Employee Plan was 66,850. Under the terms of the Employee Plan, no option may be granted under that plan after the tenth anniversary of the adoption of the plan. Options outstanding under the Company’s 2002 Employee Stock Option Plan have the same vesting schedule as the 2012 Employee Plan.

The 2005 Director Plan, as amended, provided for the issuance of stock options for up to a total of 180,000 shares of the Company's common stock to non-salaried directors. Under the Director Plan, Directors elected on April 25, 2005 and at subsequent Annual Meetings who have not received any prior grant under this or previous plans received an initial grant of an option to purchase 5,000 shares of Common Stock (the “Initial Option”). Each year, each elected Director not receiving an Initial Option received a 5,000 share option (the “Annual Option”). The Initial Option vests 25% on the date of grant and 25% on the anniversary of the grant date in each of the following 3 years. Each Annual Option becomes fully exercisable one day after the date of grant. The exercise price of each option granted equals the fair market value of the Common Stock on the date the option is granted, and expires ten (10) years from the date of grant. As provided in the Director Plan, no options may be granted under the Director Plan after the tenth anniversary of the adoption of the Plan, i.e., after April 25, 2015.

The Company has amended certain of its stock option plans for both employees and directors to permit options to be exercised on a net basis and receive either cash or shares of the Company’s Common Stock. Specifically, optionees may, at the time of exercise of an option and subject to the consent of the Company, elect either (i) to receive from the Company cash in an amount equal to the number of shares of Common Stock subject to the option (or portion thereof) that is being exercised multiplied by the excess of (a) the fair market value per share over (b) the exercise price per share of the option ( a “net cash settlement”); or (ii) to make payment of the exercise price of the option by reduction in the number of shares of Common Stock otherwise deliverable upon exercise of such option by the number of shares having an aggregate fair market value equal to the total exercise price of the option (or portion thereof). In 2016, the Company paid a total of approximately $2,274,000 to optionees who had elected a net cash settlement of their respective options.

A summary of changes in options issued under the Company’s stock option plans follows:

	2016			2015

Options outstanding at the
beginning of the year		1,267,802			1,357,813
Options granted		171,000			47,000
Options forfeited		(33,825	)		(39,375	)
Options exercised		(316,699	)		(97,636	)
Options outstanding at
the end of the year		1,088,278			1,267,802
Options exercisable at the
end of the year		769,403			970,017
Common stock available for future grants at the end of the year		66,850			201,350
Weighted average exercise price per share:
Granted	$	21.41		$	18.90
Forfeited		15.03			15.65
Exercised		10.99			12.79
Outstanding		14.18			12.46
Exercisable		12.29			11.72

A summary of options outstanding at December 31, 2016 is as follows:

		Options Outstanding		Options Exercisable
Range of Exercise Prices	Number Outstanding	Weighted- Average Remaining Contractual Life (Years)	Weighted- Average Exercise Price	Number Exercisable	Weighted- Average Exercise Price
$7.30 to $10.10	214,038	4	$ 9.49	214,038	$ 9.49
$10.11 to $12.14	221,865	5	10.85	212,490	10.80
$12.15 to $14.68	218,000	5	13.49	182,000	13.44
$14.69 to $16.98	216,375	6	16.35	134,125	16.20
$16.99 to $21.49	218,000	9	20.84	26,750	19.09
	1,088,278			769,403

The weighted average remaining contractual life of all outstanding stock options is 6 years.

Stock Based Compensation

Stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the requisite service period, which is generally the vesting period. The Company uses the Black-Scholes option pricing model to determine the fair value of employee and non-employee director stock options. The determination of the fair value of stock-based payment awards on the date of grant, using an option-pricing model, is affected by the Company’s stock price as well as assumptions regarding a number of complex and subjective variables. These assumptions include estimating the length of time employees will retain their vested stock options before exercising them (“expected term”), the estimated volatility of the Company’s Common Stock price over the expected term (“volatility”) and the number of options that will not fully vest in accordance with applicable vesting requirements (“forfeitures”).

The Company estimates the expected term of options granted by evaluating various factors, including the vesting period, historical employee information, as well as current and historical stock prices and market conditions. The Company estimates the volatility of its common stock by calculating historical volatility based on the closing stock price on the last day of each of the 60 months leading up to the month the option was granted. The risk-free interest rate that the Company uses in the option valuation model is the interest rate on U.S. Treasury zero-coupon bond issues with remaining terms similar to the expected term of the options granted. Historical information was the basis for calculating the dividend yield. The Company is required to estimate forfeitures at the time of grant and to revise those estimates in subsequent periods if actual forfeitures differ from those estimates. The Company used a mix of historical data and future assumptions to estimate pre-vesting option forfeitures and to record stock-based compensation expense only for those awards that are expected to vest. All stock-based payment awards are amortized over the requisite service periods of the awards, which are generally the vesting periods.

The assumptions used to value option grants for the twelve months ended December 31, 2016 and December 31, 2015 were as follows:


	2016		2015
Expected life in years		5		5
Interest rate		1.07 – 1.24%		1.33 – 1.62%
Volatility		.236-.258		.234-.252
Dividend yield		1.6% - 2.0%		1.95% - 2.10%

Total stock-based compensation recognized in the Company’s consolidated statements of operations for the years ended December 31, 2016 and 2015 was $440,536 and $513,986, respectively. At December 31, 2016, there was approximately $867,624 of unrecognized compensation cost, adjusted for estimated forfeitures, related to non-vested stock-based payments granted to the Company’s employees. As of December 31, 2016, the remaining unamortized expense is expected to be recognized over a weighted average period of 3 years.

The weighted average fair value at the date of grant for options granted during 2016 and 2015 was $4.05 and $3.44 per option, respectively. The aggregate intrinsic value of outstanding options was $12,395,486 at December 31, 2016. The aggregate intrinsic value of exercisable options was $10,271,617 at December 31, 2016. The aggregate intrinsic value of options exercised during 2016 was $4,633,306.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

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Earnings Per Share

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

12. Earnings Per Share

The calculation of earnings per share follows:

	2016		2015
Numerator:
Net income	$	5,850,998	$	4,793,525
Denominator:
Denominator for basic earnings per share:
Weighted average shares outstanding		3,327,867		3,334,790
Effect of dilutive employee stock options		249,956		352,546
Denominator for dilutive earnings per share		3,577,823		3,687,336
Basic earnings per share	$	1.76	$	1.44
Dilutive earnings per share	$	1.64	$	1.30

For 2016 and 2015, respectively, 203,000 and 47,000 stock options were excluded from diluted earnings per share calculations because they would have been anti-dilutive.

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Accumulated Other Comprehensive (Loss) Income

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Accumulated Other Comprehensive (Loss) Income

13. Accumulated Other Comprehensive (loss) income

The components of accumulated other comprehensive (loss) income follow:

	Foreign currency translation adjustment			Net prior service credit and actuarial losses			Total
Balances, December 31, 2014	$	(751,765	)	$	(895,332	)	$	(1,647,098	)
Change in net prior service credit
and actuarial losses, net of tax					(52,825	)		(52,825	)
Translation adjustment		(830,867	)					(830,867	)
Balances, December 31, 2015	$	(1,582,632	)	$	(948,157	)	$	(2,530,790	)
Change in net prior service credit
and actuarial losses, net of tax					284,145			284,145
Translation adjustment		(89,556	)					(89,556	)
Balances, December 31, 2016	$	(1,672,188	)	$	(664,012	)	$	(2,336,201	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
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-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

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Financial Instruments

12 Months Ended

Dec. 31, 2016

Financial Instruments

Financial Instruments

14. Financial Instruments

The carrying value of the Company’s bank debt is a reasonable estimate of fair value because of the nature of its payment terms and maturity.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

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Quarterly Data (unaudited)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Data (unaudited)

15. Quarterly Data (unaudited)

Quarters (000's omitted, except per share data)

2016	First		Second		Third		Fourth		Total
Net sales	$	25,288	$	40,997	$	31,913	$	26,377	$	124,574
Cost of goods sold		16,103		26,302		20,050		16,564		79,019
Net income		565		3,267		1,473		545		5,851
Basic earnings per share	$	0.17	$	0.98	$	0.44	$	0.16	$	1.76
Diluted earnings per share	$	0.16	$	0.91	$	0.40	$	0.15	$	1.64
Dividends per share	$	0.10	$	0.10	$	0.10	$	0.10	$	0.40


2015		First		Second		Third		Fourth		Total
Net sales	$	22,837	$	33,954	$	29,903	$	23,118	$	109,812
Cost of goods sold		14,402		21,419		19,578		14,852		70,251
Net income		436		2,710		1,208		440		4,794
Basic earnings per share	$	0.13	$	0.82	$	0.36	$	0.12	$	1.44
Diluted earnings per share	$	0.12	$	0.74	$	0.33	$	0.11	$	1.30
Dividends per share	$	0.09	$	0.09	$	0.09	$	0.10	$	0.37

Earnings per share were computed independently for each of the quarters presented. Therefore, the sum of the four quarterly earnings per share amounts may not necessarily equal the earnings per share for the year.

XML 37 R23.htm IDEA: XBRL DOCUMENT

Sale of Property

12 Months Ended

Dec. 31, 2016

Sale Of Property

Sale of Property

16. Sale of Property

On April 7, 2014, the Company sold its Fremont, NC distribution facility for $850,000 in cash. The facility originally served as a manufacturing site for the Company’s scissors and rulers. The Company hired an independent environmental consulting firm to conduct environmental studies in order to identify the extent of the environmental contamination on the property and to develop a remediation plan. As a result of those studies and the estimates prepared by the independent environmental consulting firm, and in conjunction with the sale of the property, the Company recorded a liability of $300,000 in the second quarter of 2014, related to the remediation of the property. The accrual includes the total estimated costs of remedial activities and post-remediation operating and maintenance costs.

Remediation work on the Fremont project began in the third quarter of 2014 and was completed in 2015. In addition to the remediation work, the Company, with the assistance of its independent environmental consulting firm, must continue to monitor contaminant levels on the property to ensure they comply with set governmental standards. The Company expects that the monitoring period will last a period of five years from the completion of the remediation and be complete by the end of 2020.

The change in the accrual for environmental remediation, which is included in other accrued liabilities on the accompanying consolidated balance sheets, for the twelve months ended December 31, 2016 follows (in thousands):

	Balance at December 31, 2015			Payments			Balance at December 31, 2016
Fremont, NC	$	80	$	(23	)	$	57
Total	$	80	$	(23	)	$	57

XML 38 R24.htm IDEA: XBRL DOCUMENT

Business Combinations

12 Months Ended

Dec. 31, 2016

Business Combinations

Business Combination

17. Business Combinations

On February 1, 2016, the Company acquired the assets of Vogel Capital, Inc., d/b/a Diamond Machining Technology (DMT) for $7.0 million in cash. DMT products are leaders in sharpening tools for knives, scissors, chisels, and other cutting tools. The DMT products use finely dispersed diamonds on the surfaces of sharpeners. The acquired assets include over 50 patents and trademarks.

The purchase price was allocated to assets acquired and liabilities assumed as follows (in thousands):

Assets:
Accounts Receivable	$	1,145
Inventory		280
Equipment		262
Prepaid expenses		176
Intangible Assets		5,481
Total assets	$	7,344

Liabilities
Accounts Payable	$	192
Accrued Expense		181
Total liabilities	$	373

Net sales from the date of acquisition through December 31, 2016 attributable to DMT products were approximately $5.6 million. Net income from the date of acquisition through December 31, 2016 attributable to DMT products was approximately $800,000.

Assuming DMT was acquired on January 1, 2016, unaudited proforma combined net sales for the twelve months ended December 31, 2016 for the Company would have been approximately $125.2 million. Unaudited proforma combined net income for the twelve months ended December 31, 2016 for the Company would have been approximately $5.9 million.

Assuming DMT was acquired on January 1, 2015, unaudited proforma combined net sales for the twelve months ended December 31, 2015, for the Company would have been approximately $115.3 million. Unaudited proforma combined net income for the twelve months ended December 31, 2015 for the Company would have been approximately $5.3 million.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
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-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
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-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1524-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4922-128472

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4934-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=73530397&loc=d3e4926-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=73530397&loc=SL65897772-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=65885119&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

+ Details

XML 39 R25.htm IDEA: XBRL DOCUMENT

Subsequent Events

12 Months Ended

Dec. 31, 2016

Subsequent Events [Abstract]

Subsequent Events

18. Subsequent Event

On February 1, 2017 the Company announced that it had acquired assets of Spill Magic, Inc., for $7.2 million in cash. The Spill Magic products are leaders in absorbents that encapsulate spills into dry powders that can be safely disposed. Many large retail chains use its products to remove liquids from broken glass containers, oil and gas spills, bodily fluids, and solvents. Its easy-to-use and environmentally friendly products permanently absorb the spills, leaving the floors underneath dry and reducing injuries from falls. Spill Magic also sells spill clean-up kits and blood borne pathogen kits for the safety market.

The acquired assets include inventory, accounts receivable and fixed assets. Spill Magic is located in Santa Ana, California and Smyrna, Tennessee, and began operations in 1995. The company employed 22 people all of whom the Company retained.

XML 40 R26.htm IDEA: XBRL DOCUMENT

Accounting Policies (Policies)	12 Months Ended
Accounting Policies (Policies)	Dec. 31, 2016
Accounting Policies Policies
Estimates	Estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most sensitive and significant accounting estimates relate to customer rebates, valuation allowances for deferred income tax assets, obsolete and slow-moving inventories, potentially uncollectible accounts receivable, pension liability and accruals for income taxes. Actual results could differ from those estimates.
Principles of Consolidation	Principles of Consolidation - The consolidated financial statements include the accounts of the Company and its subsidiaries, all of which are wholly owned by the Company. All significant intercompany accounts and transactions are eliminated in consolidation.
Translation of Foreign Currency	Translation of Foreign Currency - For foreign operations whose functional currencies are not U.S. dollars, assets and liabilities are translated at rates in effect at the end of the year; revenues and expenses are translated at average rates in effect during the year. Resulting translation adjustments are made directly to accumulated other comprehensive income. Foreign currency transaction gains and losses are recognized in operating results. Foreign currency transaction losses, which are included in other expense, net, were $75,041 in 2016 and $202,587 in 2015.
Cash Equivalents	Cash Equivalents - Investments with an original maturity of three months or less, as well as time deposits and certificates of deposit that are readily redeemable at the date of purchase, are considered cash equivalents.
Accounts Receivable	Accounts Receivable - Accounts receivable are shown less an allowance for doubtful accounts of $152,357 at December 31, 2016 and $104,760 at December 31, 2015.
Inventories	Inventories - Inventories are stated at the lower of cost, determined by the first-in, first-out method, or market.
Property, Plant and Equipment and Depreciation	Property, Plant and Equipment and Depreciation – Property, plant and equipment is recorded at cost. Depreciation is computed by the straight-line method over the estimated useful lives of the assets, which range from 3 to 30 years.
Intangible Assets	Intangible Assets– Intangible assets with finite useful lives are recorded at cost upon acquisition, and amortized over the term of the related contract or useful life, as applicable. Intangible assets held by the Company with finite useful lives include patents and trademarks. Patents and trademarks are amortized over their estimated useful lives. The weighted average amortization period for intangible assets at December 31, 2016 was 8 years. The Company periodically reviews the values recorded for intangible assets to assess recoverability from future operations whenever events or changes in circumstances indicate that their carrying amounts may not be recoverable. At December 31, 2016 and 2015, the Company assessed the recoverability of its long-lived assets and believed that there were no events or circumstances present that would that would require a test of recoverability on those assets. As a result, there was no impairment of the carrying amounts of such assets and no reduction in their estimated useful lives.
Deferred Income Taxes	Deferred Income Taxes - Deferred income taxes are provided for the differences between the financial statement and tax bases of assets and liabilities, and on operating loss carryovers, using tax rates in effect in years in which the differences are expected to reverse.
Revenue Recognition	Revenue Recognition – Revenue is recognized when the price is fixed, the title and risks and rewards of ownership have passed to the customer, and when collection is reasonably assured. Depending on the contractual terms of each customer, revenue is recognized either at the time of shipment or upon delivery. When revenue is recorded, estimates of returns are made and recorded as a reduction of revenue. Customer rebates and incentives are earned based on promotional programs in place, volume of purchases or other factors are also estimated at the time of revenue recognition and recorded as a reduction of that revenue.
Research and Development	Research and Development – Research and development costs ($750,000 in 2016 and 690,000 in 2015) are expensed as incurred.
Shipping Costs	Shipping Costs – The costs of shipping product to our customers ($5,388,481 in 2016 and $4,597,663 in 2015) are included in selling, general and administrative expenses.
Advertising Costs	Advertising Costs – The Company expenses the production costs of advertising the first time that the related advertising takes place. Advertising costs ($1,934,250 in 2016 and $1,717,456 in 2015) are included in selling, general and administrative expenses.
Subsequent Events	Subsequent Events - The Company has evaluated events and transactions subsequent to December 31, 2016 through the date the consolidated financial statements were included in this Form 10-K and filed with the SEC.
Concentration	Concentration – The Company performs ongoing credit evaluations of its customers and generally does not require collateral for the extension of credit. Allowances for credit losses are provided and have been within management's expectations. In 2016 and 2015, the Company had two customers that individually exceeded 10% of consolidated net sales. In 2016, net sales to these customers amounted to approximately 14% and 11%, respectively, and 12% for each in 2015.
Recently issued accounting standards	Recently Issued Accounting Standards In February 2016, the FASB issued guidance that will change the requirements for accounting for leases. The principal change under the new accounting guidance is that lessees under leases classified as operating leases will recognize a right-of-use asset and a lease liability. Current lease accounting does not require lessees to recognize assets and liabilities arising under operating leases on the balance sheet. Under the new guidance, lessees (including lessees under leases classified as finance leases and operating leases) will recognize a right-to-use asset and a lease liability on the balance sheet, initially measured as the present value of lease payments under the lease. Expense recognition and cash flow presentation guidance will be based upon whether the lease is classified as an operating lease or a finance lease (the classification criteria for distinguishing between finance leases and operating leases is substantially similar to the classification criteria for distinguishing between capital leases and operating leases under current guidance). The standard is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. Early adoption is permitted. The new standard must be adopted using a modified retrospective transition approach for capital and operating leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements; the guidance provides certain practical expedients. The Company is currently evaluating this guidance to determine its impact on the Company’s results of operations, cash flows and financial position. In March 2016, the FASB issued ASU 2016-09 to improve the accounting for employee share-based payments. This standard simplifies several aspects of the accounting for share-based payment award transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows, as part of FASB’s simplification initiative to reduce cost and complexity in accounting standards while maintaining or improving the usefulness of the information provided to the users of financial state. The Company is still evaluating whether the adoption of this standard on January 1, 2017 will have a material impact on its consolidated financial statements. In November 2015, the FASB issued ASU 2015-17, "Balance Sheet Classification of Deferred Taxes" (Topic 740), which simplifies the presentation of deferred income taxes. This ASU requires that deferred tax assets and liabilities be classified as non-current in a statement of financial position. ASU 2015-17 may be adopted either prospectively or retrospectively and is effective for reporting periods beginning after December 15, 2016, with early adoption permitted. The Company expects the adoption of this ASU to result in a reclassification of its net current deferred tax asset to the net non-current deferred tax asset on it consolidated balance sheet. In August 2015, the FASB issued ASU No. 2015-14, which defers the effective date of ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) by one year. ASU 2015-14 is a comprehensive new revenue recognition model requiring a company to recognize revenue to depict the transfer of goods or services to a customer at an amount reflecting the consideration it expects to receive in exchange for those goods or services. As a result, the ASU is now effective for fiscal years, and interim periods within those years, beginning after December 15, 2017, which for us is the first quarter of 2018. Earlier application is permitted for fiscal years beginning after December 15, 2016, including interim reporting periods within those years, which for us is the first quarter of 2017. We do not expect this ASU to have a material impact on our financial position, results of operations or disclosures. In July 2015, the FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory" (Topic 330). The new guidance changes the subsequent measurement of inventory from lower of cost or market to lower of cost and net realizable value. ASU 2015-11 should be applied on a prospective basis and is effective for the Company beginning in the first fiscal quarter of 2017. Early adoption is permitted. The Company does not expect the adoption of this guidance to have a material impact on its financial position, results of operations or cash flows.

XML 41 R27.htm IDEA: XBRL DOCUMENT

Inventories (Tables)

12 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories

	December 31,
Inventories consisted of:	2016		2015
Finished goods	$	33,971,922	$	29,802,745
Work in process		187,833		169,540
Materials and supplies		3,078,106		5,535,306
	$	37,237,861	$	35,507,591

XML 42 R28.htm IDEA: XBRL DOCUMENT

Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets and Goodwill

	December 31,
Intangible assets consisted of:	2016		2015

First Aid Only Tradename, Customer List	$	8,910,010	$	8,910,010
DMT Tradename, Customer List		2,756,000		—
DMT Non-Compete		183,000		—
Patents		2,271,980		2,242,844
Trademarks		663,698		663,698
Pac-Kit Tradename, Customer List		1,500,000		1,500,000
C-Thru, Customer List		1,050,000		1,050,000
Subtotal		17,334,688		14,366,552
Accumulated amortization		3,346,502		2,415,561
Subtotal Intangible assets		13,988,186		11,950,991

Goodwill		3,948,235		1,406,000
	$	17,936,421	$	13,356,991

XML 43 R29.htm IDEA: XBRL DOCUMENT

Other Accrued Liabilities (Tables)

12 Months Ended

Dec. 31, 2016

Payables and Accruals [Abstract]

Accrued Liabilities

	December 31,
	2016		2015
Customer rebates	$	2,789,003	$	3,168,756
Remediation liability		57,197		80,947
Pension liability		205,071		359,216
Other		2,619,819		2,052,074
	$	5,671,090	$	5,660,993

XML 44 R30.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing (Tables)

12 Months Ended

Dec. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Plan Asset Allocation

Asset Category	2016	2015
Equity Securities	65%	58%
Fixed Income Securities	32%	37%
Other Securities / Investments	3%	5%
Total	100%	100%

Pension Plan Assets by Level

2016	Level 1		Level 2		Level 3		Total
Money Market Fund	$	19,327	$	19,897	$	—	$	39,224
Acme United Common Stock		—		—		—		—
Equity Common and Collected Funds		131,737		705,523		—		837,260
Fixed Income Common and Collected Funds		104,491		313,752		—		418,243
Total	$	255,555	$	1,039,172	$	—	$	1,294,727

2015	Level 1		Level 2		Level 3		Total
Money Market Fund	$	66,914	$	—	$	—	$	66,914
Acme United Common Stock		174,000		—		—		174,000
Equity Common and Collected Funds		—		652,135		—		652,135
Fixed Income Common and Collected Funds		—		524,523		—		524,523
Total	$	240,914	$	1,176,658	$	—	$	1,417,572

Changes in Benefit Obligation

	2016			2015
Assumptions used to determine benefit obligation:
Discount rate		3.40	%		3.50	%
Changes in benefit obligation:
Benefit obligation at beginning of year	$	(1,776,788	)	$	(1,904,377	)
Interest cost		(55,811	)		(59,348	)
Service cost		(36,000	)		(25,000	)
Actuarial gain (loss)		99,019			(62,677	)
Benefits and plan expenses paid		269,782			274,614
Benefit obligation at end of year		(1,499,798	)		(1,776,788	)

Changes in plan assets:
Fair value of plan assets at beginning of year		1,417,572			1,684,535
Actual return on plan assets		146,937			(22,349	)
Employer contribution		—			30,000
Benefits and plan expenses paid		(269,782	)		(274,614	)
Fair value of plan assets at end of year		1,294,727			1,417,572
Funded status	$	(205,071	)	$	(359,216	)

Amounts recognized in Accumulated Other Comprehensive Income:
Net actuarial loss	$	1,128,647		$	1,423,319
Prior service cost		2,168			2,711
Total	$	1,130,815		$	1,426,030

Components of Net Benefit Expense

	2016			2015
Assumptions used to determine net periodic benefit cost:
Discount rate		3.50	%		3.23	%
Expected return on plan assets		6.00	%		6.00	%
Components of net benefit expense:
Interest cost	$	55,811		$	59,348
Service cost		36,000			25,000
Expected return on plan assets		(76,138	)		(92,620	)
Amortization of prior service costs		543			9,155
Amortization of actuarial loss		124,854			122,352
Net periodic benefit cost	$	141,070		$	123,235

Amounts Recognized in Other Comprehensive Income

	2016			2015

Balance at beginning of the year	$	1,426,030		$	1,379,890
Change in net loss		(169,818	)		177,647
Amortization of actuarial loss		(124,854	)		(122,352	)
Amortization of prior service cost		(543	)		(9,155	)
Change recognized in other comprehensive income		(295,215	)		46,140
Total recognized in other comprehensive income	$	1,130,815		$	1,426,030

Benefits Expected to be Paid

2017	$	207,000
2018		187,000
2019		169,000
2020		152,000
2021		136,000
Years 2022 - 2026		488,000

XML 45 R31.htm IDEA: XBRL DOCUMENT

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Tax Disclosure [Abstract]

Income Tax Expense (Benefit)

	2016			2015
Current:
Federal	$	566,361		$	1,304,253
State		(5,648	)		164,913
Foreign		984,469			553,259
		1,545,182			2,022,425

Deferred:
Federal		83,290			(196,476	)
State		17,233			(5,077	)
		100,523			(201,553	)
	$	1,645,705		$	1,820,872

US and Foreign Income Before Income Taxes

	2016		2015
United States	$	2,008,065	$	3,256,251
Foreign		5,488,638		3,358,146
	$	7,496,703	$	6,614,397

US Statutory Rate Reconciliation

	2016			2015
Federal income
taxes at
34% statutory rate	$	2,496,270		$	1,878,464
State and local
taxes, net of
federal income
tax effect		18,998			105,492
Permanent items		(25,077	)		328,075
Foreign tax rate difference		(919,038	)		(601,269	)
Change in deferred income tax
valuation allowance		74,552			110,110

Provision for income taxes	$	1,645,705		$	1,820,872

Deferred Tax Assets and Liabilities

	2016			2015
Deferred income tax liabilities:
Plant, property
and equipment	$	604,271		$	536,759
		604,271			536,759

Deferred income tax assets:
Asset valuations		720,189			677,994
Operating loss
carryforwards and credits		121,658			110,110
Pension		227,681			189,920
Foreign tax credit		186,504			186,504
Other		593,140			753,219
		1,849,172			1,917,747
Net deferred
income tax asset before valuation allowance		1,244,901			1,380,988
Valuation
allowance		(74,552	)		(110,110	)
Net deferred
income tax asset	$	1,170,349		$	1,270,878

XML 46 R32.htm IDEA: XBRL DOCUMENT

Segment Information (Tables)

12 Months Ended

Dec. 31, 2016

Segment Information Tables

Financial Data By Segment Table

Financial data by segment:

Year Ended December 31, 2016

(000's omitted)	United States		Canada		Europe		Consolidated
Net sales	$	110,793	$	6,824	$	6,957	$	124,574

Operating income		7,769		568		105		8,442
Assets		84,104		3,882		4,080		92,066
Additions to property, plant and equipment		1,737		7		44		1,789
Depreciation and amortization		2,362		8		23		2,393

Year Ended December 31, 2015

Net sales	$	96,622	$	6,804	$	6,385	$	109,812

Operating income		7,147		56		144		7,347
Assets		73,688		3,709		4,024		81,421
Additions to property, plant and equipment		1,720		19		17		1,757
Depreciation and amortization		2,017		8		28		2,053

Reconciliation of Segment Operating Income to Consolidated Income Before Taxes

	2016		2015
Total operating income	$	8,442	$	7,347
Interest expense, net		869		565
Other expense, net		77		167
Consolidated income before taxes	$	7,497	$	6,614

Net Income	$	5,851	$	4,794

Revenue by Geographic Area

Revenues	2016		2015
United States	$	109,823	$	95,652
International:
Canada		6,824		6,804
Europe		6,957		6,385
Other		970		971
Total International	$	14,751	$	14,160

Total Revenues	$	124,574	$	109,812

XML 47 R33.htm IDEA: XBRL DOCUMENT

Stock Option Plans (Tables)

12 Months Ended

Dec. 31, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock Option Activity

	2016			2015

Options outstanding at the
beginning of the year		1,267,802			1,357,813
Options granted		171,000			47,000
Options forfeited		(33,825	)		(39,375	)
Options exercised		(316,699	)		(97,636	)
Options outstanding at
the end of the year		1,088,278			1,267,802
Options exercisable at the
end of the year		769,403			970,017
Common stock available for future grants at the end of the year		66,850			201,350
Weighted average exercise price per share:
Granted	$	21.41		$	18.90
Forfeited		15.03			15.65
Exercised		10.99			12.79
Outstanding		14.18			12.46
Exercisable		12.29			11.72

Summary of Options Outstanding

		Options Outstanding		Options Exercisable
Range of Exercise Prices	Number Outstanding	Weighted- Average Remaining Contractual Life (Years)	Weighted- Average Exercise Price	Number Exercisable	Weighted- Average Exercise Price
$7.30 to $10.10	214,038	4	$ 9.49	214,038	$ 9.49
$10.11 to $12.14	221,865	5	10.85	212,490	10.80
$12.15 to $14.68	218,000	5	13.49	182,000	13.44
$14.69 to $16.98	216,375	6	16.35	134,125	16.20
$16.99 to $21.49	218,000	9	20.84	26,750	19.09
	1,088,278			769,403

Assumptions Used to Value Option Grants


	2016		2015
Expected life in years		5		5
Interest rate		1.07 – 1.24%		1.33 – 1.62%
Volatility		.236-.258		.234-.252
Dividend yield		1.6% - 2.0%		1.95% - 2.10%

XML 48 R34.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

	2016		2015
Numerator:
Net income	$	5,850,998	$	4,793,525
Denominator:
Denominator for basic earnings per share:
Weighted average shares outstanding		3,327,867		3,334,790
Effect of dilutive employee stock options		249,956		352,546
Denominator for dilutive earnings per share		3,577,823		3,687,336
Basic earnings per share	$	1.76	$	1.44
Dilutive earnings per share	$	1.64	$	1.30

XML 49 R35.htm IDEA: XBRL DOCUMENT

Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 31, 2016

Equity [Abstract]

Accumulated Comprehensive (Loss) Income

	Foreign currency translation adjustment			Net prior service credit and actuarial losses			Total
Balances, December 31, 2014	$	(751,765	)	$	(895,332	)	$	(1,647,098	)
Change in net prior service credit
and actuarial losses, net of tax					(52,825	)		(52,825	)
Translation adjustment		(830,867	)					(830,867	)
Balances, December 31, 2015	$	(1,582,632	)	$	(948,157	)	$	(2,530,790	)
Change in net prior service credit
and actuarial losses, net of tax					284,145			284,145
Translation adjustment		(89,556	)					(89,556	)
Balances, December 31, 2016	$	(1,672,188	)	$	(664,012	)	$	(2,336,201	)

XML 50 R36.htm IDEA: XBRL DOCUMENT

Quarterly Data (Tables)

12 Months Ended

Dec. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Quarterly Data

Quarters (000's omitted, except per share data)

2016	First		Second		Third		Fourth		Total
Net sales	$	25,288	$	40,997	$	31,913	$	26,377	$	124,574
Cost of goods sold		16,103		26,302		20,050		16,564		79,019
Net income		565		3,267		1,473		545		5,851
Basic earnings per share	$	0.17	$	0.98	$	0.44	$	0.16	$	1.76
Diluted earnings per share	$	0.16	$	0.91	$	0.40	$	0.15	$	1.64
Dividends per share	$	0.10	$	0.10	$	0.10	$	0.10	$	0.40


2015		First		Second		Third		Fourth		Total
Net sales	$	22,837	$	33,954	$	29,903	$	23,118	$	109,812
Cost of goods sold		14,402		21,419		19,578		14,852		70,251
Net income		436		2,710		1,208		440		4,794
Basic earnings per share	$	0.13	$	0.82	$	0.36	$	0.12	$	1.44
Diluted earnings per share	$	0.12	$	0.74	$	0.33	$	0.11	$	1.30
Dividends per share	$	0.09	$	0.09	$	0.09	$	0.10	$	0.37

XML 51 R37.htm IDEA: XBRL DOCUMENT

Sale of Property (Tables)

12 Months Ended

Dec. 31, 2016

Sale Of Property Tables

Accrual for Environmental Remediation Table

	Balance at December 31, 2015			Payments			Balance at December 31, 2016
Fremont, NC	$	80	$	(23	)	$	57
Total	$	80	$	(23	)	$	57

XML 52 R38.htm IDEA: XBRL DOCUMENT

Business Combinations - Business Combinations (Tables)

12 Months Ended

Dec. 31, 2016

Business Combinations - Business Combinations Tables

Purchase Price Allocation

Assets:
Accounts Receivable	$	1,145
Inventory		280
Equipment		262
Prepaid expenses		176
Intangible Assets		5,481
Total assets	$	7,344

Liabilities
Accounts Payable	$	192
Accrued Expense		181
Total liabilities	$	373

XML 53 R39.htm IDEA: XBRL DOCUMENT

Accounting Policies - Accounting Policies (Detail Narrative)	12 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Foreign currency transaction losses during period	$ 75,041	$ 202,587
Allowance for doubtful accounts	$ 152,357	104,760
Weighted average intangible assets amortization period	8 years
Research and development costs during period	$ 750,000	690,000
Shipping costs during period	5,388,481	4,597,663
Advertising costs during period	$ 1,934,250	$ 1,717,456
Major Customer No. 1
Net sales to major customers	14.00%	12.00%
Major Customer No. 2
Net sales to major customers	11.00%	12.00%
Exceeded 10% of Consolidated Net Sales
Number of major customers	2	2
Minimum Range
Asset useful life	3 years
Maximum Range
Asset useful life	30 years

XML 54 R40.htm IDEA: XBRL DOCUMENT

Inventories (Details Narrative) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Inventory valuation allowance	$ 677,253	$ 698,592

XML 55 R41.htm IDEA: XBRL DOCUMENT

Inventories - Inventories (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Inventory Disclosure [Abstract]
Finished goods	$ 33,971,922	$ 29,802,745
Work in process	187,833	169,540
Materials and supplies	3,078,106	5,535,306
Total inventories	$ 37,237,861	$ 35,507,591

XML 56 R42.htm IDEA: XBRL DOCUMENT

Intangible Assets and Goodwill (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization expense - patents and trademarks	$ 930,941	$ 734,496
Estimated aggregate amortization expense:
2017	953,038
2018	932,247
2019	881,785
2020	877,164
2021	$ 875,339

XML 57 R43.htm IDEA: XBRL DOCUMENT

Intangible Assets and Goodwill - Intangible Assets (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Patents	$ 2,271,980	$ 2,242,844
Trademarks	663,698	663,698
Subtotal	17,334,688	14,366,552
Accumulated amortization	3,346,502	2,415,561
Subtotal Intangible Assets	13,988,186	11,950,991
Goodwill	3,948,235	1,406,000
Total	17,936,421	13,356,991
First Aid Only, Inc.
Tradename, Customer List	8,910,010	8,910,010
Pac-Kit
Tradename, Customer List	1,500,000	1,500,000
Vogel Capital Inc. d/b/a Diamond Machining Technology
Tradename, Customer List	2,756,000
Non-Compete	183,000
The C-Thru Ruler Company
Customer List	$ 1,050,000	$ 1,050,000

XML 58 R44.htm IDEA: XBRL DOCUMENT

Other Accrued Liabilities (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Customer rebates	$ 2,789,003	$ 3,168,756
Remediation liability	57,197	80,947
Pension liability	205,071	359,216
Other	2,619,819	2,052,074
Total accrued liabilities	$ 5,671,090	$ 5,660,993

XML 59 R45.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Plan Asset Allocation (Details)	Dec. 31, 2016	Dec. 31, 2015
Plan asset weighted average allocation	100.00%	100.00%
Equity Securities
Plan asset weighted average allocation	65.00%	58.00%
Fixed Income Securities
Plan asset weighted average allocation	32.00%	37.00%
Other Securities/Investments
Plan asset weighted average allocation	3.00%	5.00%

XML 60 R46.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Pension Plan Assets by Fair Value Hiearchy (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension plan assets	$ 1,294,727	$ 1,417,572	$ 1,684,535
Money Market Fund
Pension plan assets	39,224	66,914
Acme United Common Stock
Pension plan assets	0	174,000
Equity Common and Collected Funds
Pension plan assets	837,260	652,135
Fixed Income Common and Collected Funds
Pension plan assets	418,243	524,523
Level 1
Pension plan assets	255,555	240,914
Level 1 \| Money Market Fund
Pension plan assets	19,327	66,914
Level 1 \| Acme United Common Stock
Pension plan assets	0	174,000
Level 1 \| Equity Common and Collected Funds
Pension plan assets	131,737
Level 1 \| Fixed Income Common and Collected Funds
Pension plan assets	104,491
Level 2
Pension plan assets	1,039,172	1,176,658
Level 2 \| Money Market Fund
Pension plan assets	19,897
Level 2 \| Equity Common and Collected Funds
Pension plan assets	705,523	652,135
Level 2 \| Fixed Income Common and Collected Funds
Pension plan assets	313,752	524,523
Level 3
Pension plan assets	$ 0	$ 0

XML 61 R47.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Benefit Obligation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assumptions used to determine benefit obligation:
Discount rate		3.40%	3.50%
Changes in benefit obligation:
Benefit obligation at beginning of year	$ (1,499,798)	$ (1,776,788)	$ (1,904,377)
Interest cost		(55,811)	(59,348)
Service cost	(1,000)	(36,000)	(25,000)
Actuarial gain (loss)	$ (106,000)	99,019	(62,677)
Benefits and plan expenses paid		269,782	274,614
Benefit obligation at end of year		$ (1,499,798)	$ (1,776,788)

XML 62 R48.htm IDEA: XBRL DOCUMENT

Pension And Profit Sharing - Changes In Plan Assets (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Changes in plan assets:
Fair value of plan assets at beginning of year	$ 1,417,572	$ 1,684,535
Actual return on plan assets	146,937	(22,349)
Employer contribution		30,000
Benefits and plan expenses paid	(269,782)	(274,614)
Fair value of plan assets at end of year	1,294,727	1,417,572
Funded status	$ (205,071)	$ (359,216)

XML 63 R49.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Periodic Benefit Cost (Details) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Assumptions used to determine net periodic benefit cost:
Discount rate		3.50%	3.23%
Expected return on plan assets		6.00%	6.00%
Components of net benefit expense:
Interest cost		$ 55,811	$ 59,348
Service cost	$ 1,000	36,000	25,000
Expected return on plan assets		(76,138)	(92,620)
Amortization of prior service costs		543	9,155
Amortization of actuarial loss		124,854	122,352
Net periodic benefit cost		$ 141,070	$ 123,235

XML 64 R50.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Amounts Recognized in Other Comprehensive Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Balance at beginning of the year	$ 1,426,030	$ 1,379,890
Change in net loss	(169,818)	177,647
Amortization of actuarial loss	(124,854)	(122,352)
Amortization of prior service cost	(543)	(9,155)
Change recognized in other comprehensive income	(295,215)	46,140
Total recognized in other comprehensive income	1,130,815	1,426,030
Amounts recognized in accumulated other comprehensive income:
Net actuarial loss			$ 1,128,647	$ 1,423,319
Prior service cost			2,168	2,711
Total	$ 1,426,030	$ 1,379,890	$ 1,130,815	$ 1,426,030

XML 65 R51.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing - Estimated Future Benefit Payments (Details)	Dec. 31, 2016 USD ($)
Estimated future benefit payments:
2017	$ 207,000
2018	187,000
2019	169,000
2020	152,000
2021	136,000
Years 2022 - 2026	$ 488,000

XML 66 R52.htm IDEA: XBRL DOCUMENT

Pension and Profit Sharing (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Company shares included in plan		0	10,000
Market value of Company shares included in plan			$ 174,000
Expected long-term rate of return on plan assets		6.00%	6.00%
Net actuarial gain (loss)	$ (106,000)	$ 99,019	$ (62,677)
Prior service cost	$ 1,000	$ 36,000	$ 25,000
Company contributions to profit sharing plan		50.00%	50.00%
Employee contributions to profit sharing plan		6.00%	6.00%
Total profit sharing contribution expense		$ 188,518	$ 166,050

XML 67 R53.htm IDEA: XBRL DOCUMENT

Income Taxes (Details Narrative) - USD ($)	12 Months Ended
Income Taxes (Details Narrative) - USD ($)	Dec. 31, 2015	Dec. 31, 2016
Foreign subsidiary earnings	$ 3,157,020	$ 7,158,497
Hong Kong income tax rate	16.50%

XML 68 R54.htm IDEA: XBRL DOCUMENT

Income Taxes - Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Current:
Federal	$ 566,361	$ 1,304,253
State	(5,648)	164,913
Foreign	984,469	553,259
Total Current	1,545,182	2,022,425
Deferred:
Federal	83,290	(196,476)
State	17,233	(5,077)
Total Deferred	100,523	(201,553)
Total Income Tax Expense (Benefit)	$ 1,645,705	$ 1,820,872

XML 69 R55.htm IDEA: XBRL DOCUMENT

Income Taxes - US and Foreign Income Before Income Taxes (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
United States	$ 2,008,065	$ 3,256,251
Foreign	5,488,638	3,358,146
Total	$ 7,496,703	$ 6,614,397

XML 70 R56.htm IDEA: XBRL DOCUMENT

Income Taxes - US Statutory Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Federal income taxes at 34% statutory rate	$ 2,496,270	$ 1,878,464
State and local taxes, net of federal income tax effect	18,998	105,492
Permanent items	(25,077)	328,075
Foreign tax rate difference	(919,038)	(601,269)
Change in deferred income tax valuation allowance	74,552	110,110
Provision for income taxes	$ 1,645,705	$ 1,820,872

XML 71 R57.htm IDEA: XBRL DOCUMENT

Income Taxes - Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred income tax liabilities:
Plant, property and equipment	$ 604,271	$ 536,759
Total	604,271	536,759
Deferred income tax assets:
Asset valuations	720,189	677,994
Operating loss carryforwards and credits	121,658	110,110
Pension	227,681	189,920
Foreign tax credit	186,504	186,504
Other	593,140	753,219
Total	1,849,172	1,917,747
Net deferred income tax asset before valuation allowance	1,244,901	1,380,988
Valuation allowance	(74,552)	(110,110)
Net deferred income tax asset	$ 1,170,349	$ 1,270,878

XML 72 R58.htm IDEA: XBRL DOCUMENT

Long-Term Debt (Details Narrative)	12 Months Ended
Long-Term Debt (Details Narrative)	Dec. 31, 2016 USD ($)
Long-term Debt Details Narrative
Outstanding borrowings under revolving loan agreement	$ 32,935,858
Amount available for borrowing under revolving loan agreement	17,064,142
Credit facility borrowing capacity	$ 50,000,000
Interest rate of LIBOR plus percentage	2.00%
Credit facility interest rate	Interest rate of LIBOR plus 2.0%
Credit facility expiration date	May 06, 2019
Facility fee per annum	0.20%

- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References + Details

XML 73 R59.htm IDEA: XBRL DOCUMENT

Commitments and Contingencies (Details Narrative) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Rent expense	$ 1,227,341	$ 1,350,617
Minimum Annual Rental Commitments
2017	1,207,410
2018	1,088,244
2019	918,549
2020	873,644
2021	437,668
Thereafter	$ 0

XML 74 R60.htm IDEA: XBRL DOCUMENT

Segment Information (Details Narrative)	12 Months Ended
Segment Information (Details Narrative)	Dec. 31, 2016	Dec. 31, 2015
Segment Information Details Narrative
Direct import sales to total net sales ratio	17.00%	18.00%

XML 75 R61.htm IDEA: XBRL DOCUMENT

Segment Information - Financial Data by Segment (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net sales	$ 26,377,000	$ 31,913,000	$ 40,997,000	$ 25,288,000	$ 23,118,000	$ 29,903,000	$ 33,954,000	$ 22,837,000	$ 124,574,371	$ 109,811,768
Operating income									8,442,056	7,347,006
Assets	92,066,092				81,421,366				92,066,092	81,421,366
Additions to property, plant and equipment									1,789,000	1,757,000
Depreciation and amortization									2,393,000	2,053,000
United States
Net sales									110,793,000	96,622,000
Operating income									7,769,000	7,147,000
Assets	84,104,000				73,688,000				84,104,000	73,688,000
Additions to property, plant and equipment									1,737,000	1,720,000
Depreciation and amortization									2,362,000	2,017,000
Canada
Net sales									6,824,000	6,804,000
Operating income									568,000	56,000
Assets	3,882,000				3,709,000				3,882,000	3,709,000
Additions to property, plant and equipment									7,000	19,000
Depreciation and amortization									8,000	8,000
Europe
Net sales									6,957,000	6,385,000
Operating income									105,000	144,000
Assets	$ 4,080,000				$ 4,024,000				4,080,000	4,024,000
Additions to property, plant and equipment									44,000	17,000
Depreciation and amortization									$ 23,000	$ 28,000

XML 76 R62.htm IDEA: XBRL DOCUMENT

Reconciliation of Segment Operating Income (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Reconciliation Of Segment Operating Income Details
Total operating income									$ 8,442,056	$ 7,347,006
Interest expense, net									868,507	565,212
Other expense, net									76,846	167,397
Consolidated income before taxes									7,496,703	6,614,397
Net income	$ 545,000	$ 1,473,000	$ 3,267,000	$ 565,000	$ 440,000	$ 1,208,000	$ 2,710,000	$ 436,000	$ 5,850,998	$ 4,793,525

XML 77 R63.htm IDEA: XBRL DOCUMENT

Segment Revenues (Details) - USD ($)	12 Months Ended
Segment Revenues (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Total Revenues	$ 124,574,000	$ 109,812,000
United States
Total Revenues	109,823,000	95,652,000
Canada
Total Revenues	6,824,000	6,804,000
Europe
Total Revenues	6,957,000	6,385,000
Other International
Total Revenues	970,000	971,000
Total International
Total Revenues	$ 14,751,000	$ 14,160,000

XML 78 R64.htm IDEA: XBRL DOCUMENT

Stock Option Plans (Details Narrative) - USD ($)	12 Months Ended
Stock Option Plans (Details Narrative) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Shares available for grant	66,850	201,350
Weighted average remaining contractual term	6 years
Stock-based compensation	$ 440,536	$ 513,986
Unrecognized compensation cost	$ 867,624
Unrecognized compensation cost recognition period	3 years
Weighted average fair value at the date of grant	$ 4.05	$ 3.44
Aggregate intrinsic value of outstanding options	$ 12,395,486
Aggregate intrinsic value of exercisable options	10,271,617
Aggregate intrinsic value of options exercised	4,633,306
Cash settlement of stock options	$ 2,274,374
Employee Plan
Vesting term	Options granted under the 2012 Employee Plan vest 25% one day after the first anniversary of the grant date and 25% one day after each of the next three anniversaries. Under the terms of the Employee Plan, no option may be granted under that plan after the tenth anniversary of the adoption of the plan. Options outstanding under the Company’s 2002 Employee Stock Option Plan have the same vesting schedule as the 2012 Employee plan.
Shares available for grant	66,850
Director Plan
Vesting term	The Initial Option vests 25% on the date of grant and 25% on the anniversary of the grant date in each of the following 3 years. Each Annual Option becomes fully exercisable one day after the date of grant. The exercise price of each option granted equals the fair market value of the Common Stock on the date the option is granted, and expires ten (10) years from the date of grant.
Shares authorized under plan	180,000
Shares offered under initial option	5,000
Shares offered under annual option	5,000

XML 79 R65.htm IDEA: XBRL DOCUMENT

Stock Option Plans - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Options outstanding at the beginning of the year	1,267,802	1,357,813
Options granted	171,000	47,000
Options forfeited	(33,825)	(39,375)
Options exercised	(316,699)	(97,636)
Options outstanding at the end of the year	1,088,278	1,267,802
Options exercisable at the end of the year	769,403	970,017
Common stock available for future grants at the end of the year	66,850	201,350
Weighted average exercise price per share:
Granted	$ 21.41	$ 18.90
Forfeited	15.03	15.65
Exercised	10.99	12.79
Outstanding	14.18	12.46
Exercisable	$ 12.29	$ 11.72

XML 80 R66.htm IDEA: XBRL DOCUMENT

Stock Option Plans - Summary of Options Outstanding (Details)	12 Months Ended
	Dec. 31, 2016 $ / shares shares
Number outstanding \| shares	1,088,278
Number exercisable \| shares	769,403
$7.30-$10.10
Range of exercise prices, lower range	$ 7.30
Range of exercise prices, upper range	$ 10.10
Number outstanding \| shares	214,038
Options outstanding weighted-average remaining contractual life (years)	4 years
Options outstanding weighted-average exercise price	$ 9.49
Number exercisable \| shares	214,038
Options exercisable weighted-average exercise price	$ 9.49
$10.11-$12.14
Range of exercise prices, lower range	10.11
Range of exercise prices, upper range	$ 12.14
Number outstanding \| shares	221.865
Options outstanding weighted-average remaining contractual life (years)	5 years
Options outstanding weighted-average exercise price	$ 10.85
Number exercisable \| shares	212,490
Options exercisable weighted-average exercise price	$ 10.80
$12.15-$14.68
Range of exercise prices, lower range	12.15
Range of exercise prices, upper range	$ 14.68
Number outstanding \| shares	218,000
Options outstanding weighted-average remaining contractual life (years)	5 years
Options outstanding weighted-average exercise price	$ 13.49
Number exercisable \| shares	182,000
Options exercisable weighted-average exercise price	$ 13.44
$14.69-$16.98
Range of exercise prices, lower range	14.69
Range of exercise prices, upper range	$ 16.98
Number outstanding \| shares	216,375
Options outstanding weighted-average remaining contractual life (years)	6 years
Options outstanding weighted-average exercise price	$ 16.35
Number exercisable \| shares	134,125
Options exercisable weighted-average exercise price	$ 16.2
$16.99-$21.49
Range of exercise prices, lower range	16.99
Range of exercise prices, upper range	$ 21.49
Number outstanding \| shares	218,000
Options outstanding weighted-average remaining contractual life (years)	9 years
Options outstanding weighted-average exercise price	$ 20.84
Number exercisable \| shares	26,750
Options exercisable weighted-average exercise price	$ 19.09

XML 81 R67.htm IDEA: XBRL DOCUMENT

Stock Option Plans - Assumptions Used to Value Option Grants (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Expected life in years	5 years	5 years
Interest rate, minimum	1.07%	1.33%
Interest rate, maximum	1.24%	1.62%
Volatility, minimum	0.236%	0.234%
Volatility, maximum	0.258%	0.252%
Dividend yield	1.6% - 2.0%	1.95% - 2.10%

XML 82 R68.htm IDEA: XBRL DOCUMENT

Earnings Per Share (Details Narrative) - shares	12 Months Ended
Earnings Per Share (Details Narrative) - shares	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Options excluded from earnings per share calculation	203,000	47,000

XML 83 R69.htm IDEA: XBRL DOCUMENT

Earnings Per Share - Earnings Per Share (Details) - USD ($)	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Earnings Per Share [Abstract]
Net income	$ 545,000	$ 1,473,000	$ 3,267,000	$ 565,000	$ 440,000	$ 1,208,000	$ 2,710,000	$ 436,000	$ 5,850,998	$ 4,793,525
Weighted average shares outstanding									3,327,867	3,334,790
Effect of dilutive employee stock options									249,956	352,546
Denominator for dilutive earnings per share									3,577,823	3,687,336
Basic earnings per share	$ .16	$ .44	$ .98	$ .17	$ .12	$ .36	$ .82	$ .13	$ 1.76	$ 1.44
Dilutive earnings per share	$ .15	$ .40	$ .91	$ .16	$ .11	$ .33	$ .74	$ .12	$ 1.64	$ 1.30

XML 84 R70.htm IDEA: XBRL DOCUMENT

Comprehensive Income - Accumulated Other Comprehensive (Loss) Income (Details) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Accumulated other comprehensive income, beginning balance	$ (2,530,790)	$ 1,647,098
Change in net prior service credit and actuarial losses, net of tax	284,145	(52,825)
Translation adjustment	(89,556)	(830,867)
Accumulated other comprehensive income, ending balance	(2,336,201)	(2,530,790)
Foreign Currency Translation Adjustment
Accumulated other comprehensive income, beginning balance	(1,582,632)	(751,765)
Translation adjustment	(89,556)	(830,867)
Accumulated other comprehensive income, ending balance	(1,672,188)	(1,582,632)
Net Prior Service Credit and Actuarial Losses
Accumulated other comprehensive income, beginning balance	(948,157)	(895,332)
Change in net prior service credit and actuarial losses, net of tax	284,145	(52,825)
Accumulated other comprehensive income, ending balance	$ (664,012)	$ (948,157)

XML 85 R71.htm IDEA: XBRL DOCUMENT

Quarterly Data - Quarterly Data (Details) - USD ($)	3 Months Ended								12 Months Ended
Quarterly Data - Quarterly Data (Details) - USD ($)	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 26,377,000	$ 31,913,000	$ 40,997,000	$ 25,288,000	$ 23,118,000	$ 29,903,000	$ 33,954,000	$ 22,837,000	$ 124,574,371	$ 109,811,768
Cost of goods sold	16,564,000	20,050,000	26,302,000	16,103,000	14,852,000	19,578,000	21,419,000	14,402,000	79,019,315	70,250,550
Net income	$ 545,000	$ 1,473,000	$ 3,267,000	$ 565,000	$ 440,000	$ 1,208,000	$ 2,710,000	$ 436,000	$ 5,850,998	$ 4,793,525
Basic earnings per share	$ .16	$ .44	$ .98	$ .17	$ .12	$ .36	$ .82	$ .13	$ 1.76	$ 1.44
Diluted earnings per share	.15	.40	.91	.16	.11	.33	.74	.12	1.64	1.30
Dividends per share	$ .10	$ .10	$ .10	$ .10	$ .1	$ .09	$ .09	$ .09	$ .40	$ .37

XML 86 R72.htm IDEA: XBRL DOCUMENT

Sale of Property (Details Narrative) - Fremont, NC	Apr. 07, 2014 USD ($)
Proceeds from sale of assets	$ 850,000
Undiscounted environmental remediation liability	$ 300,000
Minimum environmental remediation monitoring period (in years)	5 years

XML 87 R73.htm IDEA: XBRL DOCUMENT

Sale of Property - Accrual for Environmental Remediation (Details)	12 Months Ended
	Dec. 31, 2016 USD ($)
Environmental remediation accrual at December 31, 2015	$ 80,947
Payments	23,000
Environmental remediation accrual at December 31, 2016	57,197
Fremont, NC
Environmental remediation accrual at December 31, 2015	80,000
Payments	23,000
Environmental remediation accrual at December 31, 2016	$ 57,000

XML 88 R74.htm IDEA: XBRL DOCUMENT

Business Combinations (Details Narrative) - USD ($)	1 Months Ended	3 Months Ended								11 Months Ended	12 Months Ended
Business Combinations (Details Narrative) - USD ($)	Feb. 29, 2016	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2016	Dec. 31, 2015
Net sales		$ 26,377,000	$ 31,913,000	$ 40,997,000	$ 25,288,000	$ 23,118,000	$ 29,903,000	$ 33,954,000	$ 22,837,000		$ 124,574,371	$ 109,811,768
Net income											8,442,056	7,347,006
Vogel Capital Inc. d/b/a Diamond Machining Technology
Purchase price	$ 6,970,000
Net sales										$ 5,600,000
Net income										$ 800,000
Unaudited proforma net sales during period											125,200,000	115,300,000
Unaudited proforma net income during period											$ 5,900,000	$ 5,300,000

XML 89 R75.htm IDEA: XBRL DOCUMENT

Business Combinations Purchase Price Allocation (Details) - Vogel Capital Inc. d/b/a Diamond Machining Technology	Feb. 29, 2016 USD ($)
Assets:
Accounts Receivable	$ 1,145,000
Inventory	280,000
Equipment	262,000
Prepaid expenses	176,000
Intangible Assets	5,481,000
Total assets	7,344,000
Liabilities:
Accounts Payable	192,000
Accrued Expense	181,000
Total liabilities	$ 373,000

XML 90 R76.htm IDEA: XBRL DOCUMENT

Subsequent Events (Details Narrative) - Spill Magic, Inc.	1 Months Ended
	Feb. 28, 2017 USD ($)
Purchase Price	$ 7,200,000
Description	The acquired assets include inventory, accounts receivable and fixed assets.

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[X]	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
	THE SECURITIES EXCHANGE ACT OF 1934
	For the fiscal year ended December 31, 2016

	OR

[_]	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF
	THE SECURITIES EXCHANGE ACT OF 1934

Connecticut	06-0236700
(State or other jurisdiction of	(I.R.S. Employer
incorporation or organization)	Identification No.)

55 Walls Drive Fairfield, Connecticut	06824
(Address of principal executive offices)	(Zip Code)

Title of each class	Name of each exchange on which registered
$2.50 par value Common Stock	NYSE MKT

Large accelerated filer [_]	Accelerated filer [_]

Non-accelerated filer [_]	Smaller Reporting Company [X]


			Page
Part I

Item 1. Business			4

Item 1A. Risk Factors			7

Item 1B. Unresolved Staff Comments			13

Item 2. Properties			13

Item 3. Legal Proceedings			13

Item 4. Mine Safety Disclosures			13

Part II

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities			14

Item 6. Selected Financial Data			15

Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations			16

Item 7A. Quantitative and Qualitative Disclosures About Market Risk			21

Item 8. Financial Statements and Supplementary Data			22

Item 9. Changes In and Disagreements with Accountants on Accounting and Financial Disclosure			44

Item 9A. Controls and Procedures			44

Item 9B. Other Information			45

Part III

Item 10. Directors, Executive Officers and Corporate Governance			45

Item 11. Executive Compensation			47

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters			47

Item 13. Certain Relationships and Related Transactions, and Director Independence			47

Item 14. Principal Accounting Fees and Services			47

Part IV

Item 15. Exhibits and Financial Statement Schedules			48

Signatures			51

Location	Square Footage	Purpose
Owned
Rocky Mount, NC	340,000	Warehousing and distribution
Solingen, Germany	35,000	Warehousing, distribution and administrative
	375,000
Leased
Fairfield, CT	15,400	Administrative
Bentonville, AK	1,500	Administrative
Vancouver, WA	53,000	Manufacturing, warehousing and distribution
Marlborough, MA	28,000	Manufacturing, warehousing and distribution
Santa Ana, CA	10,000	Manufacturing, warehousing, distribution and administrative
Smyrna, TN	13,000	Manufacturing, warehousing and distribution
Mount Forest, Ontario, Canada	42,500	Warehousing and distribution
Orangeville, Ontario, Canada	2,850	Administrative
Hong Kong, China	2,750	Administrative
Guangzhou, China	3,500	Administrative
Ningbo, China	1,800	Administrative
	174,300

Total	549,300

Year Ended December 31, 2016	High		Low		Dividends Declared
Fourth Quarter	$	26.66	$	19.49	$	.10
Third Quarter		22.19		18.42		.10
Second Quarter		18.85		15.95		.10
First Quarter		17.97		13.01		.10

Year Ended December 31, 2015
Fourth Quarter	$	18.25	$	15.58	$	.10
Third Quarter		18.50		15.99		.09
Second Quarter		19.74		17.05		.09
First Quarter		20.30		17.34		.09

	2016		2015		2014		2013		2012
Net sales	$	124,574	$	109,812	$	107,222	$	89,577	$	84,370
Net income	$	5,851	$	4,794	$	4,789	$	4,003	$	3,549
Total assets	$	92,066	$	81,421	$	79,308	$	68,079	$	67,828
Long-term debt, less current portion	$	32,936	$	25,913	$	24,147	$	22,912	$	24,320
Net income
Per share (Basic)	$	1.76	$	1.44	$	1.48	$	1.26	$	1.14
Per share (Diluted)	$	1.64	$	1.30	$	1.36	$	1.22	$	1.13
Dividends per share	$	0.40	$	0.37	$	0.34	$	0.31	$	0.28

	For the years ended December 31,
	2016			2015

Net sales	$	124,574,371		$	109,811,768

Cost of goods sold	$	79,019,315			70,250,550

Gross profit		45,555,056			39,561,218

Selling, general and administrative expenses		37,113,000			32,214,212
Operating income		8,442,056			7,347,006

Non operating items:
Interest:
Interest expense		(868,626	)		(570,080	)
Interest income		119			4,868
Interest expense, net		(868,507	)		(565,212	)
Other expense		(76,846	)		(167,397	)
Total other expense, net		(945,353	)		(732,609	)
Income before income tax expense		7,496,703			6,614,397
Income tax expense		1,645,705			1,820,872
Net income	$	5,850,998		$	4,793,525

Earnings per share:
Basic	$	1.76		$	1.44
Diluted	$	1.64		$	1.30

	For the Years Ended
	December 31,
	2016			2015

Net income	$	5,850,998		$	4,793,525
Other comprehensive (loss) gain -
Foreign currency translation		(89,556	)		(830,867	)
Change in net prior service credit
and actuarial gains (losses), net of
income tax expense		284,145			(52,825	)
Total other comprehensive gain (loss)		194,589			(883,692	)
Comprehensive income	$	6,045,587		$	3,909,833

	Outstanding Shares of Common Stock	Common Stock	Treasury Stock	Additional Paid-In Capital	Accumulated Other Comprehensive Loss	Retained Earnings	Total
Balances, December 31, 2014	3,291,352	11,632,805	(12,283,251)	7,941,330	(1,647,098)	33,784,270	39,428,056
Net income						4,793,525	4,793,525
Total other comprehensive loss					(883,692)		(883,692)
Stock compensation expense				513,986			513,986
Distribution to shareholders						(1,237,400)	(1,237,400)
Issuance of common stock	97,636	244,090		1,004,692			1,248,782
Purchase of treasury stock	(40,445)		(679,696)				(679,696)
Balances, December 31, 2015	3,348,543	11,876,895	(12,962,947)	9,460,008	(2,530,790)	37,340,395	43,183,561
Net income						5,850,998	5,850,998
Total other comprehensive loss					194,589		194,589
Stock compensation expense				440,536			440,536
Tax benefit from exercise of
employee stock options				567,309			567,309
Distribution to shareholders						(1,329,717)	(1,329,717)
Issuance of common stock	37,905	94,762		299,776			394,538
Cash settlement of stock options				(2,274,374)			(2,274,374)
Purchase of treasury stock	(61,493)		(907,094)				(907,094)
Balances, December 31, 2016	3,324,955	11,971,657	(13,870,041)	8,493,256	(2,336,201)	41,861,675	46,120,346

	For the years ended December 31,
	2016			2015
Operating activities:
Net income	$	5,850,998		$	4,793,525
Adjustments to reconcile net income to net
cash provided by operating activities
Depreciation		1,490,805			1,318,357
Amortization		930,941			734,496
Stock compensation expense		440,536			513,986
Deferred income taxes		100,529			(201,553	)
Changes in operating assets and liabilities
Accounts receivable		499,940			(16,948	)
Inventories		(1,483,785	)		(2,599,728	)
Prepaid expenses and other current assets		314,824			(123,267	)
Accounts payable		610,498			(1,065,428	)
Other accrued liabilities		101,927			(2,273,701	)
Total adjustments		3,006,214			(3,713,786	)
Net cash provided by operating activities		8,857,211			1,079,738
Investing activities:
Purchase of property, plant and equipment		(1,809,823	)		(1,756,732	)
Purchase of patents and trademarks		(29,371	)		(161,877	)
Proceeds from sales of plant, property and equipment		—			4,980
Acquisition of DMT		(6,970,910	)		—
Net cash used by investing activities		(8,810,104	)		(1,913,629	)
Financing activities:
Net borrowings of long-term debt		7,023,205			1,765,811
Distributions to shareholders		(1,332,757	)		(1,198,848	)
Cash settlement of stock options		(2,274,374	)		—
Excess Tax benefit from the exercise of stock options		567,309			—
Purchase of treasury stock		(907,094	)		(679,696	)
Issuance of common stock		394,538			1,248,782
Net cash provided by financing activities		3,470,827			1,136,049
Effect of exchange rate changes		(33,056	)		(161,929	)
Net increase in cash and cash equivalents		3,484,880			140,231
Cash and cash equivalents at beginning of year		2,425,891			2,285,660
Cash and cash equivalents at end of year	$	5,910,770		$	2,425,891

Supplemental cash flow information
Cash paid for income taxes	$	1,779,879		$	2,412,008
Cash paid for interest expense	$	841,634		$	563,837

Name	Age	Position Held with Company

Walter C. Johnsen	66	Chairman of the Board and Chief Executive Officer
Brian S. Olschan	60	President, Chief Operating Officer and Director
Paul G. Driscoll	56	Vice President, Chief Financial Officer, Secretary and Treasurer
Rex L. Davidson	67	Director
Richmond Y. Holden, Jr.	63	Director
Susan H. Murphy	65	Director
Stevenson E. Ward III	71	Director

Exhibit No.	Identification of Exhibit
2	Asset Purchase Agreement with First Aid Only, Inc. dated as of June 2, 2014(1)
3(i)	Certificate of Organization of the Company (2)
	Amendment to Certificate of Organization of Registrant dated September 24, 1968 (2)
	Amendment to Certificate of Incorporation of the Company dated April 27, 1971 (3)
	Amendment to Certificate of Incorporation of the Company dated June 29, 1971 (3)
3(ii)	Bylaws (11)
4	Specimen of Common Stock certificate (3)
10.1	Non-Salaried Director Stock Option Plan dated April 22, 1996* (4)
10.1(a)	Amendment No. 1 to the Non-Salaried Director Stock Option Plan *(5)
10.1(b)	Amendment No. 2 to the Non-Salaried Director Stock Option Plan *(6)
10.3	2002 Acme United Employee Stock Option Plan as amended (12)

10.4	Severance Pay Plan dated September 28, 2004* (15)
10.5(a)	Salary Continuation Plan dated September 28, 2004, as amended (14)*
10.6	2005 Non-Salaried Director Stock Option Plan, amended (13)
10.8	Deferred Compensation Plan dated October 2, 2007* (16)
10.9	2012 Acme United Employee Stock Option Plan (17)
10.10(a)	Revolving Loan Agreement with HSBC, dated April 5, 2012(18)
10.10(b)	Amendment No. 1 to Revolving Loan Agreement with HSBC Dated (19)
10.10(c)	Amended and restated note
10.10(d)	Amendment No. 2 to Revolving Loan Agreement with HSBC dated October 2013

10.11	Change in Control Plan as amended dated February 24, 2011* (20)
21	Subsidiaries of the Registrant
23.1	Consent of MARCUM LLP, Independent Registered Public Accounting Firm
31.1	Certification of Walter Johnsen pursuant to Rule 13a-14(a) and 15d-14(a) and Section 302 of the Sarbanes-Oxley Act of 2002
31.2	Certification of Paul Driscoll pursuant to Rule 13a-14(a) and 15d-14(a) and Section 302 of the Sarbanes-Oxley Act of 2002
32.1	Certification of Walter Johnsen pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2	Certification of Paul Driscoll pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

Signatures		Titles

/s/ Walter C. Johnsen
Walter C. Johnsen		Chairman and Chief Executive Officer

/s/ Brian S. Olschan
Brian S. Olschan		President, Chief Operating Officer and Director

/s/ Paul G. Driscoll
Paul G. Driscoll		Vice President, Chief Financial Officer, Secretary and Treasurer

/s/ Rex Davidson
Rex Davidson		Director

/s/ Richmond Y. Holden, Jr.
Richmond Y. Holden, Jr.		Director

/s/ Susan H. Murphy
Susan H. Murphy		Director

/s/ Stevenson E. Ward III
Stevenson E. Ward III		Director

Name	Country of Incorporation
Acme United Limited	Canada
Acme United Europe GmbH	Germany
Acme United (Asia Pacific) Limited	Hong Kong
Acme United China Limited	China
Acme United Netherlands Cooperatie U.A.	Netherlands

By	/s/ Walter C. Johnsen
	Walter C. Johnsen
	Chairman and
	Chief Executive Officer

By	/s/ PAUL G. DRISCOLL
	Paul G. Driscoll
	Vice President and
	Chief Financial Officer