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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Net sales $ 276,922,000 $ 376,617,000 $ 938,038,000 $ 1,109,577,000
Costs and expenses        
Cost of materials sold (excludes items shown separately below) 218,172,000 305,080,000 753,949,000 891,968,000
Warehouse and processing 21,261,000 24,926,000 65,520,000 70,071,000
Administrative and general 15,943,000 18,260,000 49,287,000 55,342,000
Distribution 8,950,000 10,941,000 27,819,000 31,787,000
Selling 5,315,000 6,304,000 16,106,000 19,305,000
Occupancy 2,196,000 2,348,000 7,212,000 7,644,000
Depreciation 4,409,000 4,418,000 13,627,000 15,339,000
Amortization $ 223,000 $ 223,000 667,000 667,000
Goodwill and intangible asset impairment [1] [1] 24,451,000 [1] 0
Total costs and expenses $ 276,469,000 $ 372,500,000 958,638,000 1,092,123,000
Operating income (loss) 453,000 4,117,000 (20,600,000) 17,454,000
Other income (loss), net (84,000) (20,000) (141,000) (22,000)
Income (loss) before interest and income taxes 369,000 4,097,000 (20,741,000) 17,432,000
Interest and other expense on debt 1,405,000 1,602,000 4,439,000 5,134,000
Income (loss) before income taxes (1,036,000) 2,495,000 (25,180,000) 12,298,000
Income tax provision (benefit) (438,000) 939,000 (3,391,000) 4,471,000
Net income (loss) (598,000) 1,556,000 (21,789,000) 7,827,000
Gain/(loss) on cash flow hedge (278,000) 141,000 (1,817,000) 265,000
Tax effect on cash flow hedge 107,000 $ (54,000) 699,000 $ (102,000)
Reclassification of loss included in net income, net of tax of $180 and $533 for the three and nine months ended September 30, 2015, respectively 364,000 1,097,000
Total comprehensive income (loss) $ (405,000) $ 1,643,000 $ (21,810,000) $ 7,990,000
Earnings per share:        
Net income (loss) per share - basic (in dollars per share) $ (0.05) $ 0.14 $ (1.95) $ 0.70
Weighted average shares outstanding - basic (in shares) 11,203 11,120 11,200 11,118
Net income (loss) per share - diluted (in dollars per share) $ (0.05) $ 0.14 $ (1.95) $ 0.70
Weighted average shares outstanding - diluted (in shares) 11,203 11,120 11,200 11,119
[1] The goodwill and intangible asset impairments relate to the Company's tubular and pipe products segment.