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Schedule III - Supplemental Financial Information | 12 Months Ended
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Dec. 31, 2015
Notes to Financial Statements |
Quarterly Financial Information [Text Block] | SUPPLEMENTAL FINANCIAL INFORMATION (in thousands, except per share data)
2015 |  | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |  |  | Year |
Net sales |  | $ | 345,865 |  |  | $ | 315,251 |  |  | $ | 276,922 |  |  | $ | 237,505 |  |  | $ | 1,175,543 |
Operating income (loss) (a) |  |  | 3,345 |  |  |  | (24,398 | ) |  |  | 453 |  |  |  | (7,179 | ) |  |  | (27,779 | )
Income (loss) before income taxes |  |  | 1,751 |  |  |  | (25,895 | ) |  |  | (1,036 | ) |  |  | (8,414 | ) |  |  | (33,594 | )
Net income (loss) |  | $ | 1,069 |  |  | $ | (22,260 | ) |  | $ | (598 | ) |  | $ | (4,988 | ) |  | $ | (26,777 | )
Basic net income (loss) per share |  | $ | 0.10 |  |  | $ | (1.99 | ) |  | $ | (0.05 | ) |  | $ | (0.45 | ) |  | $ | (2.39 | )
Weighted average shares outstanding - basic |  |  | 11,195 |  |  |  | 11,201 |  |  |  | 11,203 |  |  |  | 11,174 |  |  |  | 11,192 |
Diluted net income (loss) per share |  | $ | 0.10 |  |  | $ | (1.99 | ) |  | $ | (0.05 | ) |  | $ | (0.45 | ) |  | $ | (2.39 | )
Weighted average shares outstanding - diluted |  |  | 11,195 |  |  |  | 11,201 |  |  |  | 11,203 |  |  |  | 11,173 |  |  |  | 11,192 |
Market price of common stock: (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 18.57 |  |  | $ | 20.93 |  |  | $ | 17.92 |  |  | $ | 12.60 |  |  | $ | 20.93 |
Low |  |  | 12.86 |  |  |  | 10.44 |  |  |  | 6.40 |  |  |  | 8.98 |  |  |  | 6.40 |
2014 |  | 1st |  |  | 2nd |  |  | 3rd |  |  | 4th |  |  | Year |
Net sales |  | $ | 346,913 |  |  | $ | 386,047 |  |  | $ | 376,617 |  |  | $ | 326,693 |  |  | $ | 1,436,270 |
Operating income (loss) (b) |  |  | 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: (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 30.95 |  |  | $ | 29.58 |  |  | $ | 25.83 |  |  | $ | 21.39 |  |  | $ | 30.95 |
Low |  |  | 25.84 |  |  |  | 20.88 |  |  |  | 20.57 |  |  |  | 15.75 |  |  |  | 15.75 |
(a) | Operating income (loss) includes $3,347 of LIFO income related to the Company's tubular and pipe products segment as well as a $16,451 goodwill impairment charge and a $8,000 intangible asset impairment charge recorded in the second quarter related to the Company's tubular and pipe products segment and a $500 goodwill impairment charge recorded in the fourth quarter related to the specialty metals flat products segment.
(b) | Operating income (loss) includes $365 of LIFO expense and a $23,836 goodwill impairment charge related to the Company's tubular and pipe products segment recorded in the fourth quarter of 2014.
(c) | Represents the high and low sales prices of our common stock as reported by the Nasdaq Global Select Market.

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