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, 2012
Scenario, Previously Reported [Member]
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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 | $ 37,894 | [1] | $ 37,894 | [1] | $ 38,105 | [2] | $ 30,273 | $ 38,971 | $ 30,884 | $ 30,884 | ||||||||||||||||||
Total assets | 120,376 | [1] | 120,376 | [1] | 117,833 | [2] | 91,917 | 121,453 | 110,612 | 92,528 | ||||||||||||||||||
Deferred income tax liability - long term | 10,094 | [1] | 10,094 | [1] | 9,394 | [2] | 7,016 | |||||||||||||||||||||
Total liabilities | 38,144 | [1] | 38,144 | [1] | 46,751 | [2] | 44,374 | |||||||||||||||||||||
Retained Earnings | 35,351 | [1] | 35,351 | [1] | 25,030 | [2] | 11,145 | 36,428 | 20,187 | 11,756 | ||||||||||||||||||
Total Arabian American Development Company Stockholders'Equity | 81,943 | [1] | 81,943 | [1] | 70,793 | [2] | 55,940 | 83,020 | 65,949 | 56,551 | ||||||||||||||||||
Total equity | 82,232 | [1] | 82,232 | [1] | 71,082 | [2] | 56,230 | [2] | 52,467 | [3] | 83,309 | 66,238 | 56,840 | |||||||||||||||
TOTAL LIABILITIES AND EQUITY | 120,376 | [1] | 120,376 | [1] | 117,833 | [2] | 91,917 | 121,453 | 110,612 | 92,528 | ||||||||||||||||||
Consolidated Statement of Income | ||||||||||||||||||||||||||||
Equity in loss of AMAK | 211 | [1] | 1,018 | [2] | 874 | [2] | (866) | 0 | 263 | |||||||||||||||||||
Gain from additional equity issued by AMAK | 0 | [1] | 8,850 | [2] | 0 | [2] | 0 | |||||||||||||||||||||
Income before income tax expense | 16,225 | [1] | 20,389 | [2] | 3,778 | [2] | 17,302 | 12,557 | 4,388 | |||||||||||||||||||
Income tax expense | 5,904 | [1] | 6,505 | [2] | 1,703 | [2] | 4,127 | 6,505 | 1,703 | |||||||||||||||||||
Net income | 10,321 | [1] | 13,884 | [2] | 2,075 | [2] | 11,398 | 8,430 | 2,686 | 13,884 | 2,075 | |||||||||||||||||
Net income attributable to Arabian American Development Company | 1,850 | 10,321 | [1] | 13,884 | [2] | 2,075 | [2] | 11,398 | 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) | $ 0.08 | $ 0.43 | [1] | $ 0.58 | [2] | $ 0.09 | [2] | $ 0.47 | $ 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) | $ 0.08 | $ 0.42 | [1] | $ 0.57 | [2] | $ 0.09 | [2] | $ 0.46 | $ 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 | 10,489 | [1] | 13,872 | [2] | 2,180 | [2] | 11,566 | 8,419 | 2,790 | |||||||||||||||||||
Operating activities | ||||||||||||||||||||||||||||
Net income attributable to Arabian American Development Company | 1,850 | 10,321 | [1] | 13,884 | [2] | 2,075 | [2] | 11,398 | 8,430 | 2,686 | 3,004 | 3,472 | 1,995 | 3,823 | 10,153 | (95) | 3 | |||||||||||
Deferred income taxes | 889 | [1] | 3,238 | [2] | 685 | [2] | 860 | |||||||||||||||||||||
Equity in loss of AMAK | 1,018 | 874 | 0 | 263 | ||||||||||||||||||||||||
Gain from additional equity issued by AMAK | $ 0 | [1] | $ (8,850) | [2] | $ 0 | [2] | $ 0 | |||||||||||||||||||||
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