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Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 273,608 $ 315,251 $ 531,957 $ 661,116
Costs and expenses        
Cost of materials sold (excludes items shown separately below) 205,688 255,838 405,508 535,777
Warehouse and processing 21,035 21,722 41,527 44,259
Administrative and general 16,011 16,014 32,051 33,343
Distribution 9,560 9,568 18,767 18,870
Selling 6,045 4,900 11,732 10,791
Occupancy 2,158 2,306 4,495 5,016
Depreciation 4,550 4,628 9,059 9,218
Amortization 222 222 444 444
Goodwill and intangible asset impairment [1] 24,451 24,451
Total costs and expenses 265,269 339,649 523,583 682,169
Operating income (loss) 8,339 (24,398) 8,374 (21,053)
Other loss, net (58) (26) (63) (58)
Income (loss) before interest and income taxes 8,281 (24,424) 8,311 (21,111)
Interest and other expense on debt 1,274 1,471 2,559 3,033
Income (loss) before income taxes 7,007 (25,895) 5,752 (24,144)
Income tax provision (benefit) 3,457 (3,635) 2,969 (2,953)
Net income (loss) 3,550 (22,260) 2,783 (21,191)
Net gain (loss) on cash flow hedge 36 71 114 107
Tax effect on cash flow hedge (14) (27) (44) (41)
Total comprehensive income (loss) $ 3,572 $ (22,216) $ 2,853 $ (21,125)
Net income (loss) per share - basic (in dollars per share) $ 0.32 $ (1.99) $ 0.25 $ (1.89)
Weighted average shares outstanding - basic (in shares) 11,216 11,201 11,199 11,198
Net income (loss) per share - diluted (in dollars per share) $ 0.32 $ (1.99) $ 0.25 $ (1.89)
Weighted average shares outstanding - diluted (in shares) 11,216 11,201 11,199 11,198
[1] The goodwill and intangible asset impairments relate to the Company's tubular and pipe products segment.