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Note 6 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2016

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, 2016
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Metals swaps		$	-			$	87			$	-			$	87
Total assets at fair value		$	-			$	87			$	-			$	87

Liabilities:
Embedded customer derivative		$	-			$	87			$	-			$	87
Interest rate swap (CTI)			-				49				-				49
Total liabilities recorded at fair value		$	-			$	136			$	-			$	136

		Value of Items Recorded at Fair Value
		As of December 31, 2015
(in thousands)		Level 1				Level 2				Level 3				Total
Assets:
Embedded customer derivative		$	-			$	384			$	-			$	384
Total assets at fair value		$	-			$	384			$	-			$	384

Liabilities:
Metals swaps		$	-			$	384			$	-			$	384
Interest rate swap (CTI)			-				102				-				102
Fixed interest rate swap (ABL)			-				114				-				114
Total liabilities recorded at fair value		$	-			$	600			$	-			$	600

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

		Value of Items Not Recorded at Fair Value
		As of September 30, 2016
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	1,825			$	-			$	-			$	1,825
Revolver			-				163,516				-				163,516
Total liabilities not recorded at fair value		$	1,825			$	163,516			$	-			$	165,341

		Value of Items Not Recorded at Fair Value
		As of December 31, 2015
(in thousands)		Level 1				Level 2				Level 3				Total
Liabilities:
IRB		$	2,690			$	-			$	-			$	2,690
Revolver			-				145,800				-				145,800
Total liabilities not recorded at fair value		$	2,690			$	145,800			$	-			$	148,490