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v3.25.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Information |
Schedule of segment revenue, profit or loss, significant expenses and other quantitative profit or loss information | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Metals Service Centers Segment
​ | Three Months Ended June 30, | ​ | Six Months Ended June 30,
​ | 2025 |  | 2024 |  | 2025 |  | 2024
​ | (in millions)
Revenues | $ | 3,659.8 | ​ | $ | 3,643.3 | ​ | $ | 7,144.5 | ​ | $ | 7,288.1
Less: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Cost of sales (exclusive of depreciation and amortization shown below) | ​ | 2,571.9 | ​ | ​ | 2,557.3 | ​ | ​ | 5,023.3 | ​ | ​ | 5,073.9
Compensation expense | ​ | 434.6 | ​ | ​ | 403.2 | ​ | ​ | 854.7 | ​ | ​ | 817.0
Other segment items(1) | ​ | 265.0 | ​ | ​ | 256.8 | ​ | ​ | 535.6 | ​ | ​ | 501.7
Depreciation and amortization expense | ​ | 69.7 | ​ | ​ | 66.6 | ​ | ​ | 138.4 | ​ | ​ | 130.2
Interest expense | ​ | 14.3 | ​ | ​ | 9.7 | ​ | ​ | 25.8 | ​ | ​ | 19.4
Income tax provision | ​ | 70.1 | ​ | ​ | 81.4 | ​ | ​ | 132.0 | ​ | ​ | 173.8
Consolidated net income | $ | 234.2 | ​ | $ | 268.3 | ​ | $ | 434.7 | ​ | $ | 572.1
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Other Segment Disclosures: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Purchases of property, plant and equipment | $ | 87.6 | ​ | $ | 98.2 | ​ | $ | 174.5 | ​ | $ | 206.9
(1) | Other segment items included in Segment net income mainly includes warehousing and delivery costs, which include among others, third-party freight, gas and oil, utilities & rent, plant supplies, and repairs and maintenance.

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-31 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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