XML 56 R45.htm IDEA: XBRL DOCUMENT
v3.21.1

Note 7 - Debt (Details Textual) $ in Millions |  |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Dec. 14, 2020 USD ($) | Jan. 10, 2019 USD ($) | Mar. 31, 2021 USD ($) | Dec. 31, 2020 USD ($)
Industrial Revenue Bond Member [Member] |  |  |  |
Repayments of Long-term Debt, Total |  |  | $ 0.8 | $ 0.9
Interest Rate Swap [Member] |  |  |  |
Debt Instrument, Term (Year) |  | 5 years |  |
Derivative, Notional Amount |  | $ 75.0 |  |
Derivative, Fixed Interest Rate |  | 2.57% |  |
ABL Credit Facility [Member] |  |  |  |
Derivative, Term of Contract (Year) |  |  | 5 years |
Asset Based Revolving Credit Facility Due December 8, 2022 [Member] | ABL Credit Facility [Member] |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 445.0 |  |  |
Letters of Credit, Maximum Borrowing Capacity | 20.0 |  |  |
Maximum First In, Last Out Revolving Credit Facility | 30.0 |  |  |
Line of Credit Facility, Additional Commitments, Maximum | 200.0 |  |  |
Line of Credit Facility, Current Borrowing Capacity | 475.0 |  |  |
Line Of Credit Facility Covenant Terms Monetary | $ 30.0 |  |  |
Line of Credit Facility Covenant Terms Percentage of Revolver Commitments | 10.00% |  |  |
Balance Required for Compliance with Revolver Commitments |  |  | $ 47.5 |
Line of Credit Facility Covenant Terms Percentage of Aggregate Borrowing Base | 10.00% |  |  |
Line of Credit Facility Covenant Terms Aggregate Borrowing Base |  |  | $ 35.8 |
Line of Credit Facility Covenant Terms EBITDA Ratio |  |  | 1.00 |
Line of Credit Facility, Remaining Borrowing Capacity |  |  | $ 162.0 |
Asset Based Revolving Credit Facility Due December 8, 2022 [Member] | ABL Credit Facility [Member] | Base Rate [Member] | Minimum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 0.00% |
Asset Based Revolving Credit Facility Due December 8, 2022 [Member] | ABL Credit Facility [Member] | Base Rate [Member] | Maximum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 0.25% |
Asset Based Revolving Credit Facility Due December 8, 2022 [Member] | ABL Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.25% |
Asset Based Revolving Credit Facility Due December 8, 2022 [Member] | ABL Credit Facility [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 2.75% |

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Fixed interest rate related to the interest rate derivative. + References No definition available. + Details
Name: | us-gaap_DerivativeFixedInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Nominal or face amount used to calculate payment on derivative. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1B -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5580258-113959 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 1A -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=121590274&loc=SL5579245-113959 + Details
Name: | us-gaap_DerivativeNotionalAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | instant

X
- Definition Period the derivative contract is outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DerivativeTermOfContract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityCurrentBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=121586364&loc=d3e3291-108585 + Details
Name: | us-gaap_RepaymentsOfLongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The minimum commitments or obligations by the company that would require the Company to maintain certain EBITDA ratios under the revolver commitments. + References No definition available. + Details
Name: | zeus_BalanceRequiredForComplianceWithRevolverCommitments
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the letters of credit without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding. + References No definition available. + Details
Name: | zeus_LettersOfCreditMaximumBorrowingCapacity
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The maximum amount of additional commitments that subject to the satisfaction of certain condition. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityAdditionalCommitmentsMaximum
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The minimum aggregate borrowing base that would require the Company to maintain certain EBITDA ratios under the revolver commitments. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityCovenantTermsAggregateBorrowingBase
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Under the revolver commitments, the required ratio of EBITDA minus certain capital expenditures and cash taxes paid to fixed charges. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityCovenantTermsEBITDARatio
Namespace Prefix: | zeus_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of credit facility covenant terms monetary. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityCovenantTermsMonetary
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of aggregate borrowing base applied to revolver commitments in a line of credit. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityCovenantTermsPercentageOfAggregateBorrowingBase
Namespace Prefix: | zeus_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The percentage of covenants applied to revolver commitments in a line of credit. + References No definition available. + Details
Name: | zeus_LineOfCreditFacilityCovenantTermsPercentageOfRevolverCommitments
Namespace Prefix: | zeus_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The maximum first in, last out revolving credit facility pursuant the loan agreement. + References No definition available. + Details
Name: | zeus_MaximumFirstInLastOutRevolvingCreditFacility
Namespace Prefix: | zeus_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DebtInstrumentAxis=zeus_IndustrialRevenueBondMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateSwapMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LineOfCreditFacilityAxis=zeus_ABLCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=zeus_AssetBasedRevolvingCreditFacilityDueDecember82022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_BaseRateMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MinimumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_RangeAxis=srt_MaximumMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |