Consolidated Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	9 Months Ended
Sep. 30, 2012	Sep. 30, 2011
Cash flows from (used for) operating activities:
Net income	$ 12,395	$ 24,405
Adjustments to reconcile net income to net cash used for operating activities -
Purchase price inventory adjustment		1,017
Depreciation and amortization	16,263	12,050
Loss on disposition of property and equipment	23	65
Stock-based compensation	1,741	647
Other long-term assets	(1,810)	1,220
Other long-term liabilities	1,640	5,399
	30,252	44,803
Changes in working capital:
Accounts receivable	(29,855)	(49,350)
Inventories	(10,933)	(41,748)
Income taxes receivable and deferred	(2,262)	8,750
Prepaid expenses and other	3,695	(5,861)
Accounts payable	(2,195)	34,379
Change in outstanding checks	(3,476)	9,479
Accrued payroll and other accrued liabilities	(390)	(10,240)
	(45,416)	(54,591)
Net cash used for operating activities	(15,164)	(9,788)
Cash flows from (used for) investing activities:
Acquisition of Chicago Tube and Iron, net of cash acquired		(148,759)
Capital expenditures	(20,290)	(24,618)
Proceeds from disposition of property and equipment	236	699
Net cash used for investing activities	(20,054)	(172,678)
Cash flows from (used for) financing activities:
Credit facility revolver borrowings	437,925	444,134
Credit facility revolver repayments	(397,315)	(324,909)
Principal payments under capital lease obligations	(130)	(39)
Term loan borrowings		70,000
Term loan repayments	(6,562)	(2,188)
Industrial revenue bond repayments	(755)
Credit facility fees and expenses	(1,209)	(4,193)
Proceeds from exercise of stock options (including tax benefits) and employee stock purchases	348	34
Dividends paid	(655)	(654)
Net cash from financing activities	31,647	182,185
Cash and cash equivalents:
Net change	(3,571)	(281)
Beginning balance	7,403	1,492
Ending balance	$ 3,832	$ 1,211

The aggregate amount of adjustments to net income or loss necessary to remove the effects of all items whose cash effects are investing or financing cash flows. The aggregate amount also includes all noncash expenses and income items which reduce or increase net income and are thus added back or deducted when calculating cash provided by or used in operating activities.

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 230

-SubTopic 10

-Section 45

-Paragraph 28

-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 95

-Paragraph 28

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.