XML 58 R47.htm IDEA: XBRL DOCUMENT
v3.21.2

Note 7 - Debt (Details Textual) $ in Millions |  |  | 9 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Dec. 14, 2020 USD ($) | Jan. 10, 2019 USD ($) | Sep. 30, 2021 USD ($) | Dec. 31, 2020 USD ($)
Industrial Revenue Bond Member [Member] |  |  |  |
Repayments of Long-term Debt, Total |  |  | $ 1.6 | $ 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] |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 475.0 |  |  |
Derivative, Term of Contract (Year) |  |  | 5 years |
ABL Credit Facility [Member] | Asset Based Revolving Credit Facility Due June 16, 2026 [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 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 |  |  | $ 47.5 |
Line of Credit Facility Covenant Terms EBITDA Ratio |  |  | 1.00 |
Line of Credit Facility, Remaining Borrowing Capacity |  |  | $ 173.0 |
ABL Credit Facility [Member] | Asset Based Revolving Credit Facility Due June 16, 2026 [Member] | Base Rate [Member] | Minimum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 0.00% |
ABL Credit Facility [Member] | Asset Based Revolving Credit Facility Due June 16, 2026 [Member] | Base Rate [Member] | Maximum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 0.25% |
ABL Credit Facility [Member] | Asset Based Revolving Credit Facility Due June 16, 2026 [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] |  |  |  |
Debt Instrument, Basis Spread on Variable Rate |  |  | 1.25% |
ABL Credit Facility [Member] | Asset Based Revolving Credit Facility Due June 16, 2026 [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: | dtr-types: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: | dtr-types: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=125515794&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=125515794&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 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=123570139&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: | dtr-types: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: | dtr-types: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_AssetBasedRevolvingCreditFacilityDueJune162026Member
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: |