XML 38 R28.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 10 - Segment Information (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Notes Tables |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Three Months Ended |
|  | March 31, |  |  | March 31, |
|  | 2025 |  |  | 2024 |
Sales |  |  |  |  |  |  |  |
U.S. |  | $ | 591 |  |  | $ | 667 |
International |  |  | 121 |  |  |  | 110 |
Consolidated sales |  | $ | 712 |  |  | $ | 777 |
Cost of Sales |  |  |  |  |  |  |  |
U.S. |  | $ | 471 |  |  | $ | 528 |
International |  |  | 89 |  |  |  | 80 |
Total cost of sales |  | $ | 560 |  |  | $ | 608 |
Depreciation and amortization (1) |  |  |  |  |  |  |  |
U.S. |  | $ | 5 |  |  | $ | 4 |
International |  |  | — |  |  |  | 1 |
Total depreciation and amortization expense |  | $ | 5 |  |  | $ | 5 |
Amortization of intangibles (1) |  |  |  |  |  |  |  |
U.S. |  | $ | 5 |  |  | $ | 4 |
International |  |  | — |  |  |  | 1 |
Total amortization of intangibles expense |  | $ | 5 |  |  | $ | 5 |
Gross Profit |  |  |  |  |  |  |  |
U.S. |  | $ | 110 |  |  | $ | 131 |
International |  |  | 32 |  |  |  | 28 |
Total gross profit |  | $ | 142 |  |  | $ | 159 |
Selling, general and administrative expenses |  |  |  |  |  |  |  |
U.S. |  | $ | 103 |  |  | $ | 97 |
International |  |  | 21 |  |  |  | 22 |
Corporate and other (2) |  |  | — |  |  |  | 1 |
Total selling, general and administrative expenses |  | $ | 124 |  |  | $ | 120 |
Operating income (loss) |  |  |  |  |  |  |  |
U.S. |  | $ | 7 |  |  | $ | 34 |
International |  |  | 11 |  |  |  | 6 |
Corporate and other (2) |  |  | — |  |  |  | (1 | )
Operating income |  | $ | 18 |  |  | $ | 39 |
Interest expense |  | $ | (9 | ) |  | $ | (8 | )
Other, net |  |  | — |  |  |  | (3 | )
Income from continuing operations before income taxes |  | $ | 9 |  |  | $ | 28 |
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Total assets |  |  |  |  |  |  |  |
U.S. |  | $ | 1,381 |  |  | $ | 1,278 |
International |  |  | 313 |  |  |  | 301 |
Corporate and other (1) |  |  | 6 |  |  |  | 9 |
Discontinued operations |  |  | 4 |  |  |  | 36 |
Total assets |  | $ | 1,704 |  |  | $ | 1,624 |
Long-Lived Assets by Geographic Areas [Table Text Block] |
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Property, plant and equipment |  |  |  |  |  |  |  |
U.S. |  |  | 95 | % |  |  | 94 | %
International |  |  | 5 | % |  |  | 6 | %
Total property, plant and equipment |  |  | 100 | % |  |  | 100 | %
Schedule of Net Sales by Product Line [Table Text Block] |
|  | Three Months Ended |
|  | March 31, |  |  | March 31, |
Type |  | 2025 |  |  | 2024 |
Line Pipe |  | $ | 72 |  |  | $ | 113 |
Carbon Fittings and Flanges |  |  | 90 |  |  |  | 96 |
Total Carbon Pipe, Fittings and Flanges |  |  | 162 |  |  |  | 209 |
Valves, Automation, Measurement and Instrumentation |  |  | 277 |  |  |  | 279 |
Gas Products |  |  | 187 |  |  |  | 187 |
Stainless Steel and Alloy Pipe and Fittings |  |  | 40 |  |  |  | 38 |
General Products |  |  | 46 |  |  |  | 64 |
|  | $ | 712 |  |  | $ | 777 |

X
- Definition Tabular disclosure of net sales by product line. + References No definition available. + Details
Name: | mrc_ScheduleOfNetSalesByProductLineTableTextBlock
Namespace Prefix: | mrc_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
Name: | us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration