XML 49 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
Consolidated Statements of Comprehensive Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
Net sales $ 345,865us-gaap_SalesRevenueGoodsNet $ 346,913us-gaap_SalesRevenueGoodsNet
Costs and expenses    
Cost of materials sold (excludes items shown seperately below) 279,939us-gaap_CostOfGoodsSold 275,467us-gaap_CostOfGoodsSold
Warehouse and processing 22,537zeus_WarehouseAndProcessing 21,360zeus_WarehouseAndProcessing
Administrative and general 17,330us-gaap_GeneralAndAdministrativeExpense 18,937us-gaap_GeneralAndAdministrativeExpense
Distribution 9,301zeus_Distribution 9,856zeus_Distribution
Selling 5,891us-gaap_SellingExpense 6,518us-gaap_SellingExpense
Occupancy 2,710us-gaap_OccupancyNet 2,870us-gaap_OccupancyNet
Depreciation 4,590us-gaap_Depreciation 5,454us-gaap_Depreciation
Amortization 222us-gaap_AmortizationOfIntangibleAssets 222us-gaap_AmortizationOfIntangibleAssets
Total costs and expenses 342,520us-gaap_CostsAndExpenses 340,684us-gaap_CostsAndExpenses
Operating income 3,345us-gaap_OperatingIncomeLoss 6,229us-gaap_OperatingIncomeLoss
Other income (loss), net (31)us-gaap_OtherNonoperatingIncomeExpense 2us-gaap_OtherNonoperatingIncomeExpense
Income before interest and income taxes 3,314us-gaap_IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet 6,231us-gaap_IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
Interest and other expense on debt 1,563us-gaap_InterestAndDebtExpense 1,754us-gaap_InterestAndDebtExpense
Income before income taxes 1,751us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 4,477us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax provision 682us-gaap_IncomeTaxExpenseBenefit 1,700us-gaap_IncomeTaxExpenseBenefit
Net income 1,069us-gaap_NetIncomeLoss 2,777us-gaap_NetIncomeLoss
Net gain (loss) on cash flow hedges, net of tax of $397 at March 31, 2015 and $32 at March 31, 2014. (636)us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet 51us-gaap_InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
Total comprehensive income $ 433us-gaap_ComprehensiveIncomeNetOfTax $ 2,828us-gaap_ComprehensiveIncomeNetOfTax
Earnings per share:    
Net income per share - basic (in Dollars per share) $ 0.10us-gaap_EarningsPerShareBasic $ 0.25us-gaap_EarningsPerShareBasic
Weighted average shares outstanding - basic (in Shares) 11,195us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 11,089us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Net income per share - diluted (in Dollars per share) $ 0.10us-gaap_EarningsPerShareDiluted $ 0.25us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding - diluted (in Shares) 11,195us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 11,090us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding