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Document And Entity Information - shares	9 Months Ended
Document And Entity Information - shares	Sep. 30, 2014	Oct. 31, 2014
Document and Entity Information [Abstract]
Entity Registrant Name	INTEST CORP
Document Type	10-Q
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,562,678
Amendment Flag	false
Entity Central Index Key	0001036262
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q3

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 20,147	$ 19,018
Trade accounts receivable, net of allowance for doubtful accounts of $146 and $147, respectively	7,549	5,748
Inventories	3,786	3,243
Deferred tax assets	707	701
Prepaid expenses and other current assets	413	371
Total current assets	32,602	29,081
Property and equipment:
Machinery and equipment	4,278	4,190
Leasehold improvements	593	594
Gross property and equipment	4,871	4,784
Less: accumulated depreciation	(3,653)	(3,530)
Net property and equipment	1,218	1,254
Deferred tax assets	742	1,030
Goodwill	1,706	1,706
Intangible assets, net	1,470	1,748
Restricted certificates of deposit	450	450
Other assets	195	212
Total assets	38,383	35,481
Current liabilities:
Accounts payable	1,553	1,064
Accrued wages and benefits	1,573	1,635
Accrued rent	604	577
Accrued professional fees	364	367
Accrued sales commissions	421	305
Domestic and foreign income taxes payable	32	83
Other current liabilities	337	301
Total current liabilities	4,884	4,332
Commitments and Contingencies
Stockholders' equity:
Preferred stock, $0.01 par value; 5,000,000 shares authorized; no shares issued or outstanding	0	0
Common stock, $0.01 par value; 20,000,000 shares authorized; 10,595,755 and 10,590,755 shares issued, respectively	106	106
Addtional paid-in capital	26,291	26,187
Retained earnings	6,193	3,713
Accumulated other comprehensive earnings	1,113	1,347
Treasury stock, at cost; 33,077 and 33,077 shares, respectively	(204)	(204)
Total stockholders' equity	33,499	31,149
Total liabilities and stockholders' equity	$ 38,383	$ 35,481

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Thousands	Sep. 30, 2014	Dec. 31, 2013
Allowance for doubtful accounts, respectively (in Dollars)	$ 146	$ 147
Preferred stock par value (in Dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in Dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	20,000,000	20,000,000
Common stock, shares issued	10,595,755	10,590,755
Treasury stock, at cost, shares, respectively	33,077	33,077

Consolidated Statement of Operations - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net revenues	$ 10,794	$ 9,900	$ 31,934	$ 30,091
Cost of revenues	5,626	5,144	16,499	15,765
Gross margin	5,168	4,756	15,435	14,326
Operating expenses:
Selling expense	1,462	1,255	4,318	3,972
Engineering and product development expense	894	945	2,704	2,866
General and administrative expense	1,528	1,469	4,681	4,548
Total operating expenses	3,884	3,669	11,703	11,386
Operating income	1,284	1,087	3,732	2,940
Other income (expense)	(16)	27	1	31
Earnings before income tax expense	1,268	1,114	3,733	2,971
Income tax expense	431	24	1,253	586
Net earnings	$ 837	$ 1,090	$ 2,480	$ 2,385
Net earnings per common share - basic (in Dollars per share)	$ 0.08	$ 0.11	$ 0.24	$ 0.23
Weighted average common shares outstanding - basic (in Shares)	10,440,803	10,377,189	10,424,001	10,358,960
Net earnings per common share - diluted (in Dollars per share)	$ 0.08	$ 0.10	$ 0.24	$ 0.23
Weighted average common shares and common share equivalents outstanding - diluted (in Shares)	10,477,814	10,404,095	10,461,075	10,383,970

Consolidated Statements of Comprehensive Earnings - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Net earnings	$ 837	$ 1,090	$ 2,480	$ 2,385
Foreign currency translation adjustments	(223)	88	(234)	56
Comprehensive earnings	$ 614	$ 1,178	$ 2,246	$ 2,441

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Stockholders' Equity - 9 months ended Sep. 30, 2014 - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Treasury Stock [Member]	Total
Balance at Dec. 31, 2013	$ 106	$ 26,187	$ 3,713	$ 1,347	$ (204)	$ 31,149
Balance (in Shares) at Dec. 31, 2013	10,590,755					10,590,755
Net earnings			2,480			$ 2,480
Other comprehensive loss				(234)		(234)
Amortization of deferred compensation related to restricted stock		104				104
Forfeiture of non-vested shares of restricted stock (in Shares)	(5,000)
Issuance of non-vested shares of restricted stock (in Shares)	10,000
Balance at Sep. 30, 2014	$ 106	$ 26,291	$ 6,193	$ 1,113	$ (204)	$ 33,499
Balance (in Shares) at Sep. 30, 2014	10,595,755					10,595,755

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES
Net earnings	$ 2,480	$ 2,385
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	663	640
Provision for excess and obsolete inventory	232	264
Foreign exchange loss	24	6
Amortization of deferred compensation related to restricted stock	104	86
(Gain) loss on sale of property and equipment	20	(3)
Proceeds from sale of demonstration equipment, net of gain	112	24
Deferred income tax expense (benefit)	282	(52)
Changes in assets and liabilities: Trade accounts receivable	(1,879)	(1,892)
Inventories	(791)	(612)
Prepaid expenses and other current assets	(45)	(23)
Other assets	2	(1)
Accounts payable	491	465
Accrued wages and benefits	(42)	(88)
Accrued rent	27	41
Accrued professional fees	(3)	42
Accrued sales commissions	116	54
Domestic and foreign income taxes payable	(51)	249
Other current liabilities	45	(229)
Net cash provided by operating activities	1,787	1,356
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property and equipment	(536)	(257)
Proceeds from sale of property and equipment	8	10
Net cash used in investing activitites	(528)	(247)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from stock options exercised		30
Net cash provided by financing activities		30
Effects of exchange rates on cash	(130)	36
Net cash provided by all activities	1,129	1,175
Cash and cash equivalents at beginning of period	19,018	15,576
Cash and cash equivalents at end of period	20,147	16,751
Cash payments for:
Domestic and foreign income taxes	1,023	389
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Issuance of non-vested shares of restricted stock	41	$ 124
Forfeiture of non-vested shares of restricted stock	$ (20)

Note 1 - Nature of Operations

9 Months Ended

Sep. 30, 2014

Disclosure Text Block [Abstract]

Nature of Operations [Text Block]

(1) NATURE OF OPERATIONS

We are an independent designer, manufacturer and marketer of thermal, mechanical and electrical products that are primarily used by semiconductor manufacturers in conjunction with automatic test equipment ("ATE") in the testing of integrated circuits ("ICs" or "semiconductors"). In addition, in recent years we have begun marketing our thermal products in markets outside the ATE market, such as the automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets.

The consolidated entity is comprised of inTEST Corporation (parent) and our wholly-owned subsidiaries. We have three reportable segments which are also our reporting units: Thermal Products, Mechanical Products and Electrical Products. We manufacture our products in the U.S. Marketing and support activities are conducted worldwide from our facilities in the U.S., Germany and Singapore.

The semiconductor market in which we operate is characterized by rapid technological change, competitive pricing pressures and cyclical as well as seasonal market patterns. This market is subject to significant economic downturns at various times. Our financial results are affected by a wide variety of factors, including, but not limited to, general economic conditions worldwide and in the markets in which we operate, economic conditions specific to the semiconductor market and the other markets we serve, our ability to safeguard patented technology and intellectual property in a rapidly evolving market, downward pricing pressures from customers, and our reliance on a relatively few number of customers for a significant portion of our sales. In addition, we are exposed to the risk of obsolescence of our inventory depending on the mix of future business and technological changes within the markets that we serve. As a result of these or other factors, we may experience significant period-to-period fluctuations in future operating results.

Note 2 - Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Significant Accounting Policies [Text Block]

(2) SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and Use of Estimates

The accompanying consolidated financial statements include our accounts and those of our wholly-owned subsidiaries. All significant intercompany accounts and transactions have been eliminated upon consolidation. The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and 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. Actual results could differ from those estimates. Certain of our accounts, including inventories, long-lived assets, goodwill, identifiable intangibles, deferred tax assets and liabilities including related valuation allowances and product warranty reserves, are particularly impacted by estimates.

In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments (consisting only of normal recurring adjustments) necessary to present fairly the financial position, results of operations, and changes in cash flows for the interim periods presented. Certain footnote information has been condensed or omitted from these consolidated financial statements. Therefore, these consolidated financial statements should be read in conjunction with the consolidated financial statements and accompanying footnotes included in our Annual Report on Form 10-K for the year ended December 31, 2013 filed with the Securities and Exchange Commission on March 27, 2014 (the "2013 Form 10-K").

Reclassification

Certain prior period amounts have been reclassified to be comparable with the current period's presentation.

Inventories

Inventories are valued at cost on a first-in, first-out basis, not in excess of market value. Cash flows from the sale of inventories are recorded in operating cash flows. On a quarterly basis, we review our inventories and record excess and obsolete inventory charges based upon our established objective excess and obsolete inventory criteria. These criteria identify material that has not been used in a work order during the prior twelve months and the quantity of material on hand that is greater than the average annual usage of that material over the prior three years. In certain cases, additional excess and obsolete inventory charges are recorded based upon current market conditions, anticipated product life cycles, new product introductions and expected future use of the inventory. The excess and obsolete inventory charges we record establish a new cost basis for the related inventories. We incurred excess and obsolete inventory charges of $232 and $264 for the nine months ended September 30, 2014 and 2013, respectively.

Goodwill, Intangible and Long-Lived Assets

We account for goodwill and intangible assets in accordance with Accounting Standards Codification ("ASC") Topic 350 (Intangibles - Goodwill and Other). Finite-lived intangible assets are amortized over their estimated useful economic life and are carried at cost less accumulated amortization. Goodwill is assessed for impairment at least annually in the fourth quarter, on a reporting unit basis, or more frequently when events and circumstances occur indicating that the recorded goodwill may be impaired. As a part of the goodwill impairment assessment, we have the option to perform a qualitative assessment to determine whether it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount. If we determine this is the case, we are required to perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment loss to be recognized. The two-step test is discussed below. If we determine that it is more-likely-than-not that the fair value of the reporting unit is greater than its carrying amounts, the two-step goodwill impairment test is not required.

If we determine it is more-likely-than-not that the fair value of a reporting unit is less than its carrying amount as a result of our qualitative assessment, we will perform a quantitative two-step goodwill impairment test. In the Step I test, the fair value of a reporting unit is computed and compared with its book value. If the book value of a reporting unit exceeds its fair value, a Step II test is performed in which the implied fair value of goodwill is compared with the carrying amount of goodwill. If the carrying amount of goodwill exceeds the implied fair value, an impairment loss is recorded in an amount equal to that excess. The two-step goodwill impairment assessment is based upon a combination of the income approach, which estimates the fair value of our reporting units based upon a discounted cash flow approach, and the market approach which estimates the fair value of our reporting units based upon comparable market multiples. This fair value is then reconciled to our market capitalization at year end with an appropriate control premium. The determination of the fair value of our reporting units requires management to make significant estimates and assumptions including the selection of appropriate peer group companies, control premiums, discount rate, terminal growth rates, forecasts of revenue and expense growth rates, changes in working capital, depreciation, amortization and capital expenditures. Changes in assumptions concerning future financial results or other underlying assumptions would have a significant impact on either the fair value of the reporting unit or the amount of the goodwill impairment charge.

Indefinite-lived intangible assets are assessed for impairment at least annually in the fourth quarter, or more frequently if events or changes in circumstances indicate that the asset might be impaired. As a part of the impairment assessment, we have the option to perform a qualitative assessment to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired. If, as a result of our qualitative assessment, we determine that it is more-likely-than-not that the fair value of the indefinite-lived intangible asset is less than its carrying amount, the quantitative impairment test is required. Otherwise, no further testing is required. The quantitative impairment test consists of a comparison of the fair value of the intangible asset with its carrying amount. If the carrying amount of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess.

Long-lived assets, which consist of finite-lived intangible assets and property and equipment, are assessed for impairment whenever events or changes in business circumstances indicate that the carrying amount of the assets may not be fully recoverable or that the useful lives of these assets are no longer appropriate. Each impairment test is based on a comparison of the estimated undiscounted cash flows to the recorded value of the asset. If impairment is indicated, the asset is written down to its estimated fair value. The cash flow estimates used to determine the impairment, if any, contain management's best estimates using appropriate assumptions and projections at that time.

Stock-Based Compensation

We account for stock-based compensation in accordance with ASC Topic 718 (Compensation - Stock Compensation) which requires that employee share-based equity awards be accounted for under the fair value method and requires the use of an option pricing model for estimating fair value of stock options granted, which is then amortized to expense over the service periods. See further disclosures related to our stock-based compensation plan in Note 7.

Subsequent Events

We have made an assessment of our operations and determined that there were no material subsequent events requiring adjustment to, or disclosure in, our consolidated financial statements for the nine months ended September 30, 2014.

Revenue Recognition

We recognize revenue when persuasive evidence of an arrangement exists, delivery has occurred or services have been rendered, the price is fixed or determinable, and collection of the related receivable is reasonably assured. Sales of our products are made through our sales employees, third-party sales representatives and distributors. There are no differences in revenue recognition policies based on the sales channel. We do not provide our customers with rights of return or exchanges. Revenue is generally recognized upon product shipment. Our customers' purchase orders do not typically contain any customer-specific acceptance criteria, other than that the product performs within the agreed upon specifications. We test all products manufactured as part of our quality assurance process to determine that they comply with specifications prior to shipment to a customer. To the extent that any customer purchase order contains customer-specific acceptance criteria, revenue recognition is deferred until customer acceptance.

In addition, in our Thermal and Mechanical Products segments, we lease certain of our equipment to customers under non-cancellable operating leases. These leases generally have an initial term of six months. We recognize revenue for these leases on a straight-line basis over the term of the lease.

With respect to sales tax collected from customers and remitted to governmental authorities, we use a net presentation in our consolidated statement of operations. As a result, there are no amounts included in either our net revenues or cost of revenues related to sales tax.

Product Warranties

We generally provide product warranties and record estimated warranty expense at the time of sale based upon historical claims experience. Warranty expense is included in selling expense in the consolidated financial statements.

Income Taxes

The asset and liability method is used in accounting for income taxes. Under this method, deferred tax assets and liabilities are recognized for operating loss and tax credit carryforwards and for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the results of operations in the period that includes the enactment date. A valuation allowance is recorded to reduce the carrying amounts of deferred tax assets if it is more likely than not that such assets will not be realized.

Net Earnings Per Common Share

Net earnings per common share - basic is computed by dividing net earnings by the weighted average number of common shares outstanding during each period. Net earnings per common share - diluted is computed by dividing net earnings by the weighted average number of common shares and common share equivalents outstanding during each period. Common share equivalents represent stock options and non-vested shares of restricted stock and are calculated using the treasury stock method. Common share equivalents are excluded from the calculation if their effect is anti-dilutive.

The table below sets forth, for the periods indicated, a reconciliation of weighted average common shares outstanding - basic to weighted average common shares and common share equivalents outstanding - diluted and the average number of potentially dilutive securities that were excluded from the calculation of diluted earnings per share because their effect was anti-dilutive:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Weighted average common shares outstanding - basic		10,440,803		10,377,189		10,424,001		10,358,960
Potentially dilutive securities:
Employee stock options and non-vested shares of restricted stock		37,011		26,906		37,074		25,010
Weighted average common shares and common share equivalents outstanding - diluted		10,477,814		10,404,095		10,461,075		10,383,970
Average number of potentially dilutive securities excluded from calculation		-		12,500		64,028		19,904

Effect of Recently Issued Amendments to Authoritative Accounting Guidance

In May 2014, the FASB issued new guidance on the recognition of revenue from contracts with customers. This guidance is presented in ASC Topic 606 (Revenue from Contracts with Customers). This new guidance will replace most existing revenue recognition guidance in U.S. GAAP when it becomes effective. Companies can use either the retrospective or cumulative effect transition method. This new guidance is effective for us on January 1, 2017. Early application is not permitted. We have not yet selected a transition method and we are still evaluating the effect that this guidance will have on our consolidated financial statements and related disclosures.

Note 3 - Goodwill and Intangible Assets

9 Months Ended

Sep. 30, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure [Text Block]

(3) GOODWILL AND INTANGIBLE ASSETS

Goodwill and intangible assets on our balance sheets are the result of our acquisitions of Sigma Systems Corp. ("Sigma") in October 2008 and Thermonics, Inc. ("Thermonics") in January 2012.

Goodwill

All of our goodwill is allocated to our Thermal Products segment. There was no change in the amount of the carrying value of goodwill for the nine months ended September 30, 2014.

Intangible Assets

The following tables provide further detail about our intangible assets as of September 30, 2014 and December 31, 2013:

	September 30, 2014
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	1,480	$	927	$	553
Patented technology		590		336		254
Software		270		162		108
Trade name		140		95		45
Customer backlog		70		70		-
Non-compete/non-solicitation agreement		48		48		-
Total finite-lived intangible assets		2,598		1,638		960
Indefinite-lived intangible assets:
Sigma trademark		510		-		510
Total intangible assets	$	3,108	$	1,638	$	1,470

	December 31, 2013
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	1,480	$	725	$	755
Patented technology		590		307		283
Software		270		142		128
Trade name		140		68		72
Customer backlog		70		70		-
Non-compete/non-solicitation agreement		48		48		-
Total finite-lived intangible assets		2,598		1,360		1,238
Indefinite-lived intangible assets:
Sigma trademark		510		-		510
Total intangible assets	$	3,108	$	1,360	$	1,748

We generally amortize our finite-lived intangible assets over their estimated useful lives on a straight-line basis, unless an alternate amortization method can be reliably determined. Any such alternate amortization method would be based on the pattern in which the economic benefits of the intangible asset are expected to be consumed. None of our intangible assets have any residual value.

The following table sets forth changes in the amount of the carrying value of intangible assets for the nine months ended September 30, 2014:

Balance - January 1, 2014	$	1,748
Amortization		(278	)
Balance - September 30, 2014	$	1,470

Total amortization expense for the nine months ended September 30, 2014 and 2013 was $278 and $349, respectively. The following table sets forth the estimated annual amortization expense for our finite-lived intangible assets for each of the next five years:

2014 (remainder)	$	77
2015	$	289
2016	$	229
2017	$	212
2018	$	65

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Note 4 - Major Customers

9 Months Ended

Sep. 30, 2014

Risks and Uncertainties [Abstract]

Concentration Risk Disclosure [Text Block]

(4) MAJOR CUSTOMERS

During the nine months ended September 30, 2014 and 2013, Texas Instruments Incorporated accounted for 11% and 12%, respectively, of our consolidated net revenues. While all of our operating segments sold products to this customer, these revenues were primarily generated by our Mechanical Products and our Electrical Products segments. During the nine months ended September 30, 2014, Hakuto Co., Ltd., one of our distributors, accounted for 11% of our consolidated net revenues. These revenues were generated by our Thermal Products segment. No other customers accounted for 10% or more of our consolidated net revenues during the nine months ended September 30, 2014 and 2013.

Note 5 - Inventories

9 Months Ended

Sep. 30, 2014

Inventory Disclosure [Abstract]

Inventory Disclosure [Text Block]

(5) INVENTORIES

Inventories held at September 30, 2014 and December 31, 2013 were comprised of the following:

	*Sept. 30, 2014*		*Dec. 31, 2013*
Raw materials	$	2,738	$	2,753
Work in process		402		222
Inventory consigned to others		96		94
Finished goods		550		174
	$	3,786	$	3,243

Note 6 - Debt

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Debt Disclosure [Text Block]

(6) DEBT

Letters of Credit
We have issued letters of credit as the security deposits for certain of our domestic leases. These letters of credit are secured by pledged certificates of deposit which are classified as Restricted Certificates of Deposit on our balance sheet. The terms of our leases require us to renew these letters of credit at least 30 days prior to their expiration dates for successive terms of not less than one year until lease expiration. Our outstanding letters of credit at September 30, 2014 and December 31, 2013 consisted of the following:

L/C

Lease

Letters of Credit
Amount Outstanding

Facility

Original L/C
Issue Date

Expiration
Date

Sept. 30,
2014

Dec. 31,
2013

Mt. Laurel, NJ

3/29/2010

3/31/2015

4/30/2021

250

Mansfield, MA

10/27/2010

11/08/2015

8/23/2021

200

450

Note 7 - Stock-Based Compensation

9 Months Ended

Sep. 30, 2014

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

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

(7) STOCK-BASED COMPENSATION

As of September 30, 2014, we had non-vested restricted stock awards granted under stock-based employee compensation plans that are described more fully in Note 14 to the consolidated financial statements in our 2013 Form 10-K.

In addition, at our annual meeting on June 25, 2014, our stockholders approved the inTEST Corporation 2014 Stock Plan (the "2014 Stock Plan"). The 2014 Stock Plan permits the granting of stock options, restricted stock, stock appreciation rights or restricted stock units for up to 500,000 shares of our common stock to directors, officers, other key employees and consultants.

As of September 30, 2014, total compensation expense to be recognized in future periods was $356. The weighted average period over which this expense is expected to be recognized is 3.0 years.

Restricted Stock Awards

We record compensation expense for restricted stock awards (non-vested shares) based on the quoted market price of our stock at the grant date and amortize the expense over the vesting period. Restricted stock awards generally vest over four years. The following table shows the allocation of the compensation expense we recorded during the three and nine months ended September 30, 2014 and 2013, respectively, related to non-vested shares:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Cost of revenues	$	2	$	2	$	8	$	5
Selling expense		1		3		5		7
Engineering and product development expense		3		7		14		21
General and administrative expense		24		16		77		53
	$	30	$	28	$	104	$	86

There was no compensation expense capitalized in the nine months ended September 30, 2014 or 2013.

The following table summarizes the activity related to non-vested shares for the nine months ended September 30, 2014:

	Number of Shares			Weighted Average Grant Date Fair Value
Non-vested shares outstanding, January 1, 2014		180,000		$	2.69
Granted		10,000			4.14
Vested		(63,125	)		1.78
Forfeited		(5,000	)		3.97
Non-vested shares outstanding, September 30, 2014		121,875			3.01

Stock Options

The following table summarizes the stock option activity for the nine months ended September 30, 2014:

	Number of Shares			Weighted Average Exercise Price
Options outstanding, January 1, 2014 (10,000 exercisable)		10,000		$	5.66
Granted		-			-
Exercised		-			-
Forfeited/Expired		(10,000	)		5.66
Options outstanding, September 30, 2014		-			-

Note 8 - Employee Benefit Plans

9 Months Ended

Sep. 30, 2014

Compensation and Retirement Disclosure [Abstract]

Pension and Other Postretirement Benefits Disclosure [Text Block]

(8) EMPLOYEE BENEFIT PLANS

We have a defined contribution 401(k) plan for our employees who work in the U.S. (the "inTEST 401(k) Plan"). All permanent employees of inTEST Corporation, Temptronic Corporation and inTEST Silicon Valley Corporation who are at least 18 years of age are eligible to participate in the plan. We match employee contributions dollar for dollar up to 10% of the employee's annual compensation, with a maximum limit of $5. Employer contributions vest ratably over four years. Matching contributions are discretionary. For the nine months ended September 30, 2014 and 2013, we recorded $280 and $275 of expense for matching contributions, respectively.

Note 9 - Segment Information

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

(9) SEGMENT INFORMATION

We have three reportable segments, which are also our reporting units: Thermal Products, Mechanical Products and Electrical Products.

The Thermal Products segment includes the operations of Temptronic, Thermonics, Sigma, inTEST Thermal Solutions GmbH (Germany), and inTEST Pte, Limited (Singapore). Sales of this segment consist primarily of temperature management systems, which we design, manufacture and market under our Temptronic, Thermonics and Sigma Systems product lines. In addition, this segment provides post warranty service and support.

The Mechanical Products segment includes the operations of our Mt. Laurel, New Jersey manufacturing facility. Sales of our Mechanical Products segment consist primarily of manipulator and docking hardware products, which we design, manufacture and market. In addition, this segment provides post warranty service and support for various ATE equipment.

The Electrical Products segment includes the operations of inTEST Silicon Valley Corporation. Sales of this segment consist primarily of tester interface products, which we design, manufacture and market.

We operate our business worldwide, and all three segments sell their products both domestically and internationally. All three segments sell to semiconductor manufacturers, third-party test and assembly houses and ATE manufacturers. Our Thermal Products segment also sells into a variety of markets outside of the semiconductor market, including the automotive, consumer electronics, defense/aerospace, energy, industrial and telecommunications markets. Intercompany pricing between segments is either a multiple of cost for component parts or list price for finished goods.

	Three Months Ended Sept. 30,						Nine Months Ended Sept. 30,
Net revenues from unaffiliated customers:	2014			2013			2014			2013
Thermal Products	$	5,908		$	5,844		$	17,267		$	17,514
Mechanical Products		3,077			2,193			9,261			7,784
Electrical Products		1,809			1,863			5,406			4,793
	$	10,794		$	9,900		$	31,934		$	30,091
Earnings (loss) before income tax expense (benefit):
Thermal Products	$	1,304		$	1,232		$	3,322		$	3,468
Mechanical Products		(109	)		(346	)		245			(742	)
Electrical Products		203			294			608			493
Corporate		(130	)		(66	)		(442	)		(248	)
	$	1,268		$	1,114		$	3,733		$	2,971
Net earnings (loss):
Thermal Products	$	861		$	1,206		$	2,222		$	2,847
Mechanical Products		(72	)		(339	)		152			(686	)
Electrical Products		134			288			402			422
Corporate		(86	)		(65	)		(296	)		(198	)
	$	837		$	1,090		$	2,480		$	2,385

Identifiable assets:	Sept. 30, 2014		Dec. 31, 2013
Thermal Products	$	25,157	$	23,934
Mechanical Products		8,466		7,093
Electrical Products		4,760		4,454
	$	38,383	$	35,481

The following table provides information about our geographic areas of operation. Net revenues from unaffiliated customers are based on the location to which the goods are shipped.

	Three Months Ended Sept. 30,				Nine Months Ended Sept. 30,
Net revenues from unaffiliated customers:	2014		2013		2014		2013
U.S.	$	3,343	$	3,098	$	10,215	$	9,816
Foreign		7,451		6,802		21,719		20,275
	$	10,794	$	9,900	$	31,934	$	30,091

Property and equipment:	Sept. 30, 2014		Dec. 31, 2013
U.S.	$	655	$	700
Foreign		563		554
	$	1,218	$	1,254

- 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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

+ Details

Accounting Policies, by Policy (Policies)

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Basis of Presentation and Use of Estimates [Policy Text Block]

Reclassification, Policy [Policy Text Block]

Reclassification

Certain prior period amounts have been reclassified to be comparable with the current period's presentation.

Inventory, Policy [Policy Text Block]

Inventories

Inventories are valued at cost on a first-in, first-out basis, not in excess of market value. Cash flows from the sale of inventories are recorded in operating cash flows. On a quarterly basis, we review our inventories and record excess and obsolete inventory charges based upon our established objective excess and obsolete inventory criteria. These criteria identify material that has not been used in a work order during the prior twelve months and the quantity of material on hand that is greater than the average annual usage of that material over the prior three years. In certain cases, additional excess and obsolete inventory charges are recorded based upon current market conditions, anticipated product life cycles, new product introductions and expected future use of the inventory. The excess and obsolete inventory charges we record establish a new cost basis for the related inventories. We incurred excess and obsolete inventory charges of $232 and $264 for the nine months ended September 30, 2014 and 2013, respectively.

Goodwill Intangible and Long Lived Assets [Policy Text Block]

Goodwill, Intangible and Long-Lived Assets

Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]

Stock-Based Compensation

Subsequent Events, Policy [Policy Text Block]

Subsequent Events

Revenue Recognition, Policy [Policy Text Block]

Revenue Recognition

Standard Product Warranty, Policy [Policy Text Block]

Product Warranties

Income Tax, Policy [Policy Text Block]

Income Taxes

Earnings Per Share, Policy [Policy Text Block]

Net Earnings Per Common Share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Weighted average common shares outstanding - basic		10,440,803		10,377,189		10,424,001		10,358,960
Potentially dilutive securities:
Employee stock options and non-vested shares of restricted stock		37,011		26,906		37,074		25,010
Weighted average common shares and common share equivalents outstanding - diluted		10,477,814		10,404,095		10,461,075		10,383,970
Average number of potentially dilutive securities excluded from calculation		-		12,500		64,028		19,904

New Accounting Pronouncements, Policy [Policy Text Block]

Note 2 - Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Schedule of Weighted Average Number of Shares [Table Text Block]

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Weighted average common shares outstanding - basic		10,440,803		10,377,189		10,424,001		10,358,960
Potentially dilutive securities:
Employee stock options and non-vested shares of restricted stock		37,011		26,906		37,074		25,010
Weighted average common shares and common share equivalents outstanding - diluted		10,477,814		10,404,095		10,461,075		10,383,970
Average number of potentially dilutive securities excluded from calculation		-		12,500		64,028		19,904

Note 3 - Goodwill and Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2014

Carrying Value Changes [Member]

Note 3 - Goodwill and Intangible Assets (Tables) [Line Items]

Schedule of Intangible Assets [Table Text Block]

Balance - January 1, 2014	$	1,748
Amortization		(278	)
Balance - September 30, 2014	$	1,470

Schedule of Intangible Assets [Table Text Block]

	September 30, 2014
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	1,480	$	927	$	553
Patented technology		590		336		254
Software		270		162		108
Trade name		140		95		45
Customer backlog		70		70		-
Non-compete/non-solicitation agreement		48		48		-
Total finite-lived intangible assets		2,598		1,638		960
Indefinite-lived intangible assets:
Sigma trademark		510		-		510
Total intangible assets	$	3,108	$	1,638	$	1,470

	December 31, 2013
	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Finite-lived intangible assets:
Customer relationships	$	1,480	$	725	$	755
Patented technology		590		307		283
Software		270		142		128
Trade name		140		68		72
Customer backlog		70		70		-
Non-compete/non-solicitation agreement		48		48		-
Total finite-lived intangible assets		2,598		1,360		1,238
Indefinite-lived intangible assets:
Sigma trademark		510		-		510
Total intangible assets	$	3,108	$	1,360	$	1,748

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

2014 (remainder)	$	77
2015	$	289
2016	$	229
2017	$	212
2018	$	65

Note 5 - Inventories (Tables)

9 Months Ended

Sep. 30, 2014

Inventory Disclosure [Abstract]

Schedule of Inventory, Current [Table Text Block]

	*Sept. 30, 2014*		*Dec. 31, 2013*
Raw materials	$	2,738	$	2,753
Work in process		402		222
Inventory consigned to others		96		94
Finished goods		550		174
	$	3,786	$	3,243

Note 6 - Debt (Tables)

9 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Schedule Of Outstanding Letters Of Credit [Table Text Block]

L/C

Lease

Letters of Credit
Amount Outstanding

Facility

Original L/C
Issue Date

Expiration
Date

Sept. 30,
2014

Dec. 31,
2013

Mt. Laurel, NJ

3/29/2010

3/31/2015

4/30/2021

250

Mansfield, MA

10/27/2010

11/08/2015

8/23/2021

200

450

Note 7 - Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

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

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

	Three Months Ended September 30,				Nine Months Ended September 30,
	2014		2013		2014		2013
Cost of revenues	$	2	$	2	$	8	$	5
Selling expense		1		3		5		7
Engineering and product development expense		3		7		14		21
General and administrative expense		24		16		77		53
	$	30	$	28	$	104	$	86

Schedule of Nonvested Share Activity [Table Text Block]

	Number of Shares			Weighted Average Grant Date Fair Value
Non-vested shares outstanding, January 1, 2014		180,000		$	2.69
Granted		10,000			4.14
Vested		(63,125	)		1.78
Forfeited		(5,000	)		3.97
Non-vested shares outstanding, September 30, 2014		121,875			3.01

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

	Number of Shares			Weighted Average Exercise Price
Options outstanding, January 1, 2014 (10,000 exercisable)		10,000		$	5.66
Granted		-			-
Exercised		-			-
Forfeited/Expired		(10,000	)		5.66
Options outstanding, September 30, 2014		-			-

Note 9 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2014

Asset [Member]

Note 9 - Segment Information (Tables) [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

Identifiable assets:	Sept. 30, 2014		Dec. 31, 2013
Thermal Products	$	25,157	$	23,934
Mechanical Products		8,466		7,093
Electrical Products		4,760		4,454
	$	38,383	$	35,481

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Three Months Ended Sept. 30,				Nine Months Ended Sept. 30,
Net revenues from unaffiliated customers:	2014		2013		2014		2013
Thermal Products	$	5,908	$	5,844	$	17,267	$	17,514
Mechanical Products		3,077		2,193		9,261		7,784
Electrical Products		1,809		1,863