CHANGE IN ACCOUNTING PRINCIPLE FOR INVESTMENT IN AMAK (Details) (USD $)
In Thousands, except Per Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||||||||
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Dec. 31, 2012
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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Dec. 31, 2009
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Dec. 31, 2011
Scenario, Previously Reported [Member]
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Dec. 31, 2010
Scenario, Previously Reported [Member]
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Sep. 30, 2012
Restatement Adjustment [Member]
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Jun. 30, 2012
Restatement Adjustment [Member]
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Mar. 31, 2012
Restatement Adjustment [Member]
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Dec. 31, 2011
Restatement Adjustment [Member]
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Sep. 30, 2011
Restatement Adjustment [Member]
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Jun. 30, 2011
Restatement Adjustment [Member]
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Mar. 31, 2011
Restatement Adjustment [Member]
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Dec. 31, 2011
Restatement Adjustment [Member]
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Dec. 31, 2010
Restatement Adjustment [Member]
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Consolidated Balance Sheet | |||||||||||||||||||||
Investment in AMAK | $ 38,971 | $ 38,971 | $ 38,105 | [1] | $ 30,273 | $ 30,884 | $ 30,884 | ||||||||||||||
Total assets | 121,453 | 121,453 | 117,833 | [1] | 91,917 | 110,612 | 92,528 | ||||||||||||||
Deferred income tax liability - long term | 10,094 | 10,094 | 9,394 | [1] | 7,016 | ||||||||||||||||
Total liabilities | 38,144 | 38,144 | 46,751 | [1] | 44,374 | ||||||||||||||||
Retained Earnings | 36,428 | 36,428 | 25,030 | [1] | 11,145 | 20,187 | 11,756 | ||||||||||||||
Total Arabian American Development Company Stockholders'Equity | 83,020 | 83,020 | 70,793 | [1] | 55,940 | 65,949 | 56,551 | ||||||||||||||
Total equity | 83,309 | 83,309 | 71,082 | [1] | 56,230 | [1] | 52,467 | [1] | 66,238 | 56,840 | |||||||||||
TOTAL LIABILITIES AND EQUITY | 121,453 | 121,453 | 117,833 | [1] | 91,917 | 110,612 | 92,528 | ||||||||||||||
Consolidated Statement of Income | |||||||||||||||||||||
Equity in loss of AMAK | (866) | 1,018 | [1] | 874 | [1] | 0 | 263 | ||||||||||||||
Gain from additional equity issued by AMAK | 0 | 8,850 | [1] | 0 | [1] | 0 | |||||||||||||||
Income before income tax expense | 17,302 | 20,389 | [1] | 3,778 | [1] | 12,557 | 4,388 | ||||||||||||||
Income tax expense | 5,904 | 6,505 | [1] | 1,703 | [1] | 4,127 | 6,505 | 1,703 | |||||||||||||
Net income | 11,398 | 13,884 | [1] | 2,075 | [1] | 8,430 | 2,686 | 13,884 | 2,075 | ||||||||||||
Net income attributable to Arabian American Development Company | 2,927 | 11,398 | 13,884 | [1] | 2,075 | [1] | 8,430 | 2,686 | 3,004 | 3,472 | 1,995 | 3,823 | 10,153 | (95) | 3 | ||||||
Net income per common share | |||||||||||||||||||||
Basic earnings per share (in dollars per share) | $ 0.12 | $ 0.47 | $ 0.58 | [1] | $ 0.09 | [1] | $ 0.35 | $ 0.11 | $ 0.13 | $ 0.14 | $ 0.08 | $ 0.16 | $ 0.42 | $ 0.00 | $ 0.00 | $ 0.58 | $ 0.09 | ||||
Diluted earnings per share (in dollars per share) | $ 0.12 | $ 0.46 | $ 0.57 | [1] | $ 0.09 | [1] | $ 0.35 | $ 0.11 | $ 0.12 | $ 0.14 | $ 0.08 | $ 0.15 | $ 0.42 | $ 0.00 | $ 0.00 | $ 0.57 | $ 0.09 | ||||
Consolidated Statement of Stockholders' Equity | |||||||||||||||||||||
Comprehensive income | 11,566 | 13,872 | [1] | 2,180 | [1] | 8,419 | 2,790 | ||||||||||||||
Operating activities | |||||||||||||||||||||
Net income attributable to Arabian American Development Company | 2,927 | 11,398 | 13,884 | [1] | 2,075 | [1] | 8,430 | 2,686 | 3,004 | 3,472 | 1,995 | 3,823 | 10,153 | (95) | 3 | ||||||
Deferred income taxes | 889 | 3,238 | [1] | 685 | [1] | 860 | |||||||||||||||
Equity in loss of AMAK | (866) | 1,018 | [1] | 874 | [1] | 0 | 263 | ||||||||||||||
Gain from additional equity issued by AMAK | $ 0 | $ (8,850) | [1] | $ 0 | [1] | $ 0 | |||||||||||||||
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