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Note 15 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2022

Notes Tables

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

		For the Three Months Ended								For the Nine Months Ended
		September 30,								September 30,
(in thousands)		2022				2021				2022				2021
Net sales
Specialty metals flat products		$	188,301			$	164,179			$	614,744			$	428,533
Carbon flat products			336,259				404,596				1,086,473				976,480
Tubular and pipe products			109,877				99,691				338,729				282,654
Total net sales		$	634,437			$	668,466			$	2,039,946			$	1,687,667
Depreciation and amortization
Specialty metals flat products		$	1,024			$	858			$	3,037			$	2,662
Carbon flat products			2,513				2,698				7,885				8,570
Tubular and pipe products			1,112				1,239				3,620				4,035
Corporate			17				18				52				54
Total depreciation and amortization		$	4,666			$	4,813			$	14,594			$	15,321
Operating income
Specialty metals flat products		$	15,072			$	24,663			$	85,629			$	46,387
Carbon flat products			1,732				37,164				27,225				88,797
Tubular and pipe products			7,095				2,354				28,977				11,713
Corporate expenses			(4,813	)			(2,021	)			(15,758	)			(10,711	)
Total operating income		$	19,086			$	62,160			$	126,073			$	136,186
Other income (loss), net			(17	)			(15	)			(38	)			(24	)
Income before interest and income taxes			19,069				62,145				126,035				136,162
Interest and other expense on debt			3,007				1,947				7,276				5,618
Income before income taxes		$	16,062			$	60,198			$	118,759			$	130,544

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

		For the Nine Months Ended
		September 30,
(in thousands)		2022				2021
Capital expenditures
Flat products segments		$	11,063			$	6,172
Tubular and pipe products			2,900				1,566
Corporate			-				-
Total capital expenditures		$	13,963			$	7,738

		As of
		September 30,				December 31,
(in thousands)		2022				2021
Assets
Flat products segments		$	774,536			$	777,074
Tubular and pipe products			262,130				245,962
Corporate			318				536
Total assets		$	1,036,984			$	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
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-Section 50
-Paragraph 30
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