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Note 15 - Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2022
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended March 31, |
(in thousands) |  | 2022 |  |  | 2021 |
Net sales |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 199,479 |  |  | $ | 126,320 |
Carbon flat products |  |  | 379,549 |  |  |  | 246,373 |
Tubular and pipe products |  |  | 117,305 |  |  |  | 90,431 |
Total net sales |  | $ | 696,333 |  |  | $ | 463,124 |
Depreciation and amortization |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 1,005 |  |  | $ | 903 |
Carbon flat products |  |  | 2,674 |  |  |  | 2,923 |
Tubular and pipe products |  |  | 1,286 |  |  |  | 1,391 |
Corporate |  |  | 17 |  |  |  | 18 |
Total depreciation and amortization |  | $ | 4,982 |  |  | $ | 5,235 |
Operating income (loss) |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 34,084 |  |  | $ | 8,022 |
Carbon flat products |  |  | 9,875 |  |  |  | 21,200 |
Tubular and pipe products |  |  | 14,582 |  |  |  | 6,320 |
Corporate expenses |  |  | (5,419 | ) |  |  | (3,952 | )
Total operating income |  | $ | 53,122 |  |  | $ | 31,590 |
Other loss, net |  |  | (6 | ) |  |  | (10 | )
Income before interest and income taxes |  |  | 53,116 |  |  |  | 31,580 |
Interest and other expense on debt |  |  | 1,998 |  |  |  | 1,655 |
Income before income taxes |  | $ | 51,118 |  |  | $ | 29,925 |
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended March 31, |
(in thousands) |  | 2022 |  |  | 2021 |
Capital expenditures |  |  |  |  |  |  |  |
Flat products segments |  | $ | 2,023 |  |  | $ | 1,561 |
Tubular and pipe products |  |  | 93 |  |  |  | 725 |
Corporate |  |  | - |  |  |  | - |
Total capital expenditures |  | $ | 2,116 |  |  | $ | 2,286 |
|  | As of |
(in thouands) |  | March 31, 2022 |  |  | December 31, 2021 |
Assets |  |  |  |  |  |  |  |
Flat products segments |  | $ | 788,202 |  |  | $ | 777,074 |
Tubular and pipe products |  |  | 255,037 |  |  |  | 245,962 |
Corporate |  |  | 464 |  |  |  | 536 |
Total assets |  | $ | 1,043,703 |  |  | $ | 1,023,572 |

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