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Note 7 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2015

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

		Value of Items Recorded at Fair Value
		As of September 30, 2015
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Metals swaps		$	-			$	876			$	-			$	876
Total assets at fair value		$	-			$	876			$	-			$	876

Liabilities:
Embedded customer derivative		$	-			$	876			$	-			$	876
Interest rate swap (CTI)			-				128				-				128
Fixed interest rate swap (ABL)			-				213				-				213
Total liabilities recorded at fair value		$	-			$	1,217			$	-			$	1,217

		Value of Items Recorded at Fair Value
		As of December 31, 2014
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Embedded customer derivative		$	-			$	487			$	-			$	487
Total assets at fair value		$	-			$	487			$	-			$	487

Liabilities:
Metals swaps		$	-			$	487			$	-			$	487
Interest rate swap (CTI)			-				178				-				178
Fixed interest rate swap (ABL)			-				386				-				386
Total liabilities recorded at fair value		$	-			$	1,051			$	-			$	1,051

Fair Value, by Balance Sheet Grouping [Table Text Block]

		Value of Items Not Recorded at Fair Value
		As of September 30, 2015
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	2,690			$	-			$	-			$	2,690
Revolver			-				185,180				-				185,180
Total liabilities not recorded at fair value		$	2,690			$	185,180			$	-				187,870

		Value of Items Not Recorded at Fair Value
		As of December 31, 2014
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	3,530			$	-			$	-			$	3,530
Revolver			-				244,090				-				244,090
Total liabilities not recorded at fair value		$	3,530			$	244,090			$	-			$	247,620