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Note 16 - Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2019
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended |  |  | For the Six Months Ended |
|  | June 30, |  |  | June 30, |
(in thousands) |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carbon flat products |  | $ | 255,870 |  |  | $ | 279,292 |  |  | $ | 534,406 |  |  | $ | 520,185 |
Specialty metals flat products |  |  | 96,058 |  |  |  | 97,354 |  |  |  | 184,155 |  |  |  | 162,884 |
Tubular and pipe products |  |  | 77,223 |  |  |  | 76,271 |  |  |  | 156,509 |  |  |  | 145,446 |
Total net sales |  | $ | 429,151 |  |  | $ | 452,917 |  |  | $ | 875,070 |  |  | $ | 828,515 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carbon flat products |  | $ | 2,960 |  |  | $ | 2,580 |  |  | $ | 5,774 |  |  | $ | 5,140 |
Specialty metals flat products |  |  | 436 |  |  |  | 337 |  |  |  | 962 |  |  |  | 540 |
Tubular and pipe products |  |  | 1,379 |  |  |  | 1,469 |  |  |  | 2,747 |  |  |  | 2,925 |
Corporate |  |  | 42 |  |  |  | 25 |  |  |  | 84 |  |  |  | 51 |
Total depreciation and amortization |  | $ | 4,817 |  |  | $ | 4,411 |  |  | $ | 9,567 |  |  | $ | 8,656 |
Operating income (loss) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Carbon flat products |  | $ | 472 |  |  | $ | 18,304 |  |  | $ | 1,698 |  |  | $ | 26,409 |
Specialty metals flat products |  |  | 3,968 |  |  |  | 5,524 |  |  |  | 6,212 |  |  |  | 8,537 |
Tubular and pipe products |  |  | 4,476 |  |  |  | 4,550 |  |  |  | 10,091 |  |  |  | 8,816 |
Corporate expenses |  |  | (2,976 | ) |  |  | (4,059 | ) |  |  | (5,987 | ) |  |  | (7,098 | )
Total operating income |  | $ | 5,940 |  |  | $ | 24,319 |  |  | $ | 12,014 |  |  | $ | 36,664 |
Other income (loss), net |  |  | (59 | ) |  |  | (93 | ) |  |  | (45 | ) |  |  | (139 | )
Income before interest and income taxes |  |  | 5,881 |  |  |  | 24,226 |  |  |  | 11,969 |  |  |  | 36,525 |
Interest and other expense on debt |  |  | 3,174 |  |  |  | 2,670 |  |  |  | 6,416 |  |  |  | 4,656 |
Income before income taxes |  | $ | 2,707 |  |  | $ | 21,556 |  |  | $ | 5,553 |  |  | $ | 31,869 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
|  | For the Six Months Ended |
|  | June 30, |
(in thousands) |  | 2019 |  |  | 2018 |
Capital expenditures |  |  |  |  |  |  |  |
Flat products segments |  | $ | 3,281 |  |  | $ | 10,309 |
Tubular and pipe products |  |  | 1,140 |  |  |  | 3,093 |
Corporate |  |  | - |  |  |  | 373 |
Total capital expenditures |  | $ | 4,421 |  |  | $ | 13,775 |
|  | As of |
|  | June 30, |  |  | December 31, |
(in thouands) |  | 2019 |  |  | 2018 |
Assets |  |  |  |  |  |  |  |
Flat products segments |  | $ | 509,068 |  |  | $ | 560,116 |
Tubular and pipe products |  |  | 214,004 |  |  |  | 200,016 |
Corporate |  |  | 1,333 |  |  |  | 608 |
Total assets |  | $ | 724,405 |  |  | $ | 760,740 |

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