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Schedule III - Supplemental Financial Information
 12 Months Ended
Dec. 31, 2014
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]

SUPPLEMENTAL FINANCIAL INFORMATION


Unaudited Quarterly Results of Operations


(in thousands, except per share amounts)


2014

 

1st

   

2nd

   

3rd

   

4th

   

Year

 
                                         

Net sales

  $ 346,913     $ 386,047     $ 376,617     $ 326,693     $ 1,436,270  

Operating income (loss) (a)

    6,229       7,108       4,117       (26,662 )     (9,208 )

Income (loss) before income taxes

    4,477       5,325       2,495       (28,411 )     (16,114 )

Net income (loss)

  $ 2,777     $ 3,494     $ 1,556     $ (26,891 )   $ (19,064 )

Basic net income (loss) per share

  $ 0.25     $ 0.32     $ 0.14     $ (2.42 )   $ (1.71 )

Weighted average shares outstanding - basic

    11,089       11,089       11,120       11,127       11,120  

Diluted net income (loss) per share

  $ 0.25     $ 0.32     $ 0.14     $ (2.42 )   $ (1.71 )

Weighted average shares outstanding - diluted

    11,090       11,089       11,120       11,127       11,120  
                                         

Market price of common stock: (b)

                                       

High

  $ 30.95     $ 29.58     $ 25.83     $ 21.39     $ 30.95  

Low

    25.84       20.88       20.57       15.75       15.75  

2013

 

1st

   

2nd

   

3rd

   

4th

   

Year

 
                                         

Net sales

  $ 338,064     $ 330,804     $ 303,990     $ 290,473     $ 1,263,331  

Operating income (loss) (a)

    9,581       6,024       4,174       (124 )     19,655  

Income (loss) before income taxes

    7,906       4,315       2,484       (1,781 )     12,924  

Net income (loss)

  $ 5,163     $ 2,525     $ 1,340     $ (1,381 )   $ 7,647  

Basic net income (loss) per share

  $ 0.47     $ 0.23     $ 0.12     $ (0.12 )   $ 0.69  

Weighted average shares outstanding - basic

    11,034       11,062       11,066       11,075       11,065  

Diluted net income (loss) per share

  $ 0.47     $ 0.23     $ 0.12     $ (0.12 )   $ 0.69  

Weighted average shares outstanding - diluted

    11,042       11,072       11,077       11,075       11,074  
                                         

Market price of common stock: (b)

                                       

High

  $ 25.39     $ 26.83     $ 29.48     $ 31.68     $ 31.68  

Low

    18.52       19.54       24.46       24.56       18.52  

(a)

Operating income includes $365 of LIFO expense in 2014 and $3,572 of LIFO income in 2013 and a $23,836 goodwill impairment charge related to the Company's tubular and pipe products segment in the forth quarter of 2014.


(b)

Represents the high and low sales prices of our common stock as reported by the Nasdaq Global Select Market.