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Schedule III - Supplemental Financial Information | 12 Months Ended
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Dec. 31, 2018
Notes to Financial Statements |
Quarterly Financial Information [Text Block] | SUPPLEMENTAL FINANCIAL INFORMATION (in thousands, except per share data) (unaudited)
2018 |  | 1st quarter |  |  | 2nd quarter |  |  | 3rd quarter |  |  | 4th quarter |  |  | Year |
Net sales |  | $ | 375,598 |  |  | $ | 452,917 |  |  | $ | 456,976 |  |  | $ | 429,590 |  |  | $ | 1,715,081 |
Operating income (a) |  |  | 12,345 |  |  |  | 24,319 |  |  |  | 18,614 |  |  |  | 1,774 |  |  |  | 57,052 |
Income (loss) before income taxes |  |  | 10,313 |  |  |  | 21,556 |  |  |  | 15,708 |  |  |  | (1,512 | ) |  |  | 46,065 |
Net income (loss) |  | $ | 7,629 |  |  | $ | 15,848 |  |  | $ | 11,599 |  |  | $ | (1,316 | ) |  | $ | 33,759 |
Basic net income (loss) per share |  | $ | 0.67 |  |  | $ | 1.39 |  |  | $ | 1.01 |  |  | $ | (0.11 | ) |  | $ | 2.95 |
Weighted average shares outstanding - basic |  |  | 11,418 |  |  |  | 11,435 |  |  |  | 11,444 |  |  |  | 11,444 |  |  |  | 11,432 |
Diluted net income (loss) per share |  | $ | 0.67 |  |  | $ | 1.39 |  |  | $ | 1.01 |  |  | $ | (0.11 | ) |  | $ | 2.95 |
Weighted average shares outstanding - diluted |  |  | 11,418 |  |  |  | 11,435 |  |  |  | 11,446 |  |  |  | 11,444 |  |  |  | 11,440 |
Market price of common stock: (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 25.84 |  |  | $ | 24.27 |  |  | $ | 24.23 |  |  | $ | 21.41 |  |  | $ | 25.84 |
Low |  |  | 19.75 |  |  |  | 19.75 |  |  |  | 19.92 |  |  |  | 13.72 |  |  |  | 13.72 |
2017 |  | 1st quarter |  |  | 2nd quarter |  |  | 3rd quarter |  |  | 4th quarter |  |  | Year |
Net sales |  | $ | 334,893 |  |  | $ | 356,195 |  |  | $ | 331,442 |  |  | $ | 308,166 |  |  | $ | 1,330,696 |
Operating income (loss) (d) |  |  | 11,051 |  |  |  | 9,633 |  |  |  | 5,286 |  |  |  | (1,984 | ) |  |  | 23,986 |
Income (loss) before income taxes |  |  | 9,399 |  |  |  | 7,817 |  |  |  | 3,298 |  |  |  | (4,164 | ) |  |  | 16,350 |
Net income (b) |  | $ | 7,699 |  |  | $ | 4,797 |  |  | $ | 2,280 |  |  | $ | 4,187 |  |  | $ | 18,963 |
Basic net income per share |  | $ | 0.68 |  |  | $ | 0.42 |  |  | $ | 0.20 |  |  | $ | 0.37 |  |  | $ | 1.67 |
Weighted average shares outstanding - basic |  |  | 11,369 |  |  |  | 11,383 |  |  |  | 11,386 |  |  |  | 11,389 |  |  |  | 11,381 |
Diluted net income per share |  | $ | 0.68 |  |  | $ | 0.42 |  |  | $ | 0.20 |  |  | $ | 0.37 |  |  | $ | 1.67 |
Weighted average shares outstanding - diluted |  |  | 11,369 |  |  |  | 11,390 |  |  |  | 11,386 |  |  |  | 11,391 |  |  |  | 11,381 |
Market price of common stock: (c) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High |  | $ | 27.93 |  |  | $ | 24.00 |  |  | $ | 22.44 |  |  | $ | 22.86 |  |  | $ | 27.93 |
Low |  |  | 18.05 |  |  |  | 15.83 |  |  |  | 16.58 |  |  |  | 18.10 |  |  |  | 15.83 |
(a) Operating income (loss) in 2018 includes $8,408 of LIFO expense related to the Company's tubular and pipe products segment.
(b) Includes a $6.2 million tax benefit related to the U.S. Tax Cuts and Jobs Act.
(c) Represents the high and low sales prices of our common stock as reported by the Nasdaq Global Select Market.
(d) Operating income (loss) in 2017 includes $2,707 of LIFO expense related to the Company's tubular and pipe products segment.

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