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Schedule III - Supplemental Financial Information
 12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
Quarterly Financial Information [Text Block]
SUPPLEMENTAL FINANCIAL INFORMATION
(in thousands, except per share data)
 
2016
  
1st
    
2nd
    
3rd
    
4th
    
Year
  
Net sales
   $
258,349
    $
273,608
    $
268,255
    $
254,904
    $
1,055,116
 
Operating income (loss) (a)
    
35
     
8,339
     
27
     
(2,653
 )    
5,748
 
Income (loss) before income taxes
    
(1,255
 )    
7,007
     
(1,288
 )    
(4,044
 )    
420
 
Net income (loss)
   $
(767
 )   $
3,550
    $
(1,757
 )   $
(2,104
 )   $
(1,078
 )
Basic net income (loss) per share
   $
(0.07
 )   $
0.32
    $
(0.16
 )   $
(0.19
 )   $
(0.10
 )
Weighted average shares outstanding - basic
    
11,182
     
11,216
     
11,219
     
11,221
     
11,210
 
Diluted net income (loss) per share
   $
(0.07
 )   $
0.32
    $
(0.16
 )   $
(0.19
 )   $
(0.10
 )
Weighted average shares outstanding - diluted
    
11,182
     
11,216
     
11,219
     
11,221
     
11,210
 
Market price of common stock: (c)
                                        
High
   $
17.50
    $
27.48
    $
31.19
    $
28.67
    $
31.19
 
Low
    
7.98
     
15.41
     
17.42
     
17.14
     
7.98
 
 
2015
  
1st
    
2nd
    
3rd
    
4th
    
Year
  
Net sales
   $
345,865
    $
315,251
    $
276,922
    $
237,505
    $
1,175,543
 
Operating income (loss) (b)
    
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
     
11,173
     
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
 
 
(a)
Operating income (loss) includes
$1,489
of LIFO income related to the Company's tubular and pipe products segment.
(b)
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.
(c)
Represents the high and low sales prices of our common stock as reported by the Nasdaq Global Select Market.