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Note 15 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2022

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)		2022				2021				2022				2021
Net sales
Specialty metals flat products		$	226,964			$	138,035			$	426,443			$	264,354
Carbon flat products			370,665				325,511				750,214				571,884
Tubular and pipe products			111,547				92,531				228,852				182,963
Total net sales		$	709,176			$	556,077			$	1,405,509			$	1,019,201
Depreciation and amortization
Specialty metals flat products		$	1,008			$	901			$	2,013			$	1,804
Carbon flat products			2,698				2,949				5,372				5,872
Tubular and pipe products			1,222				1,404				2,508				2,796
Corporate			18				18				35				36
Total depreciation and amortization		$	4,946			$	5,272			$	9,928			$	10,508
Operating income
Specialty metals flat products		$	36,473			$	13,702			$	70,557			$	21,724
Carbon flat products			15,618				30,434				25,493				51,633
Tubular and pipe products			7,300				3,039				21,882				9,359
Corporate expenses			(5,526	)			(4,738	)			(10,945	)			(8,690	)
Total operating income		$	53,865			$	42,437			$	106,987			$	74,026
Other income (loss), net			(15	)			1				(21	)			(9	)
Income before interest and income taxes			53,850				42,438				106,966				74,017
Interest and other expense on debt			2,271				2,017				4,269				3,671
Income before income taxes		$	51,579			$	40,421			$	102,697			$	70,346

Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block]

		For the Six Months Ended
		June 30,
(in thousands)		2022				2021
Capital expenditures
Flat products segments		$	8,236			$	3,496
Tubular and pipe products			1,786				1,083
Corporate			-				-
Total capital expenditures		$	10,022			$	4,579

		As of
		June 30,				December 31,
(in thouands)		2022				2021
Assets
Flat products segments		$	828,286			$	777,074
Tubular and pipe products			257,402				245,962
Corporate			428				536
Total assets		$	1,086,116			$	1,023,572

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

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- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
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