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Note 18 - Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2022
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Year Ended December 31, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 776,022 |  |  | $ | 585,751 |  |  | $ | 313,190 |
Carbon flat products |  |  | 1,356,605 |  |  |  | 1,344,150 |  |  |  | 690,273 |
Tubular and pipe products |  |  | 427,363 |  |  |  | 382,352 |  |  |  | 230,681 |
Total net sales |  | $ | 2,559,990 |  |  | $ | 2,312,253 |  |  | $ | 1,234,144 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 4,060 |  |  | $ | 3,692 |  |  | $ | 1,951 |
Carbon flat products |  |  | 10,695 |  |  |  | 11,286 |  |  |  | 11,941 |
Tubular and pipe products |  |  | 4,913 |  |  |  | 5,267 |  |  |  | 5,478 |
Corporate |  |  | 70 |  |  |  | 71 |  |  |  | 120 |
Total depreciation and amortization |  | $ | 19,738 |  |  | $ | 20,316 |  |  | $ | 19,490 |
Operating income |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 93,662 |  |  | $ | 70,544 |  |  | $ | 11,666 |
Carbon flat products |  |  | 25,015 |  |  |  | 110,074 |  |  |  | (10,289 | )
Tubular and pipe products |  |  | 34,856 |  |  |  | 7,353 |  |  |  | 9,019 |
Corporate |  |  | (19,786 | ) |  |  | (15,505 | ) |  |  | (9,823 | )
Total operating income |  | $ | 133,747 |  |  | $ | 172,466 |  |  | $ | 573 |
Other loss, net |  |  | 45 |  |  |  | 36 |  |  |  | 73 |
Income before interest and income taxes |  |  | 133,702 |  |  |  | 172,430 |  |  |  | 500 |
Interest and other expense on debt |  |  | 10,080 |  |  |  | 7,631 |  |  |  | 7,411 |
Income (loss) before income taxes |  | $ | 123,622 |  |  | $ | 164,799 |  |  | $ | (6,911 | )
Reconciliation of Other Significant Reconciling Items from Segments to Consolidated [Table Text Block] |
|  |  | For the Year Ended December 31, |
(in thousands) |  | 2022 |  |  | 2021 |  |  | 2020 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
Flat products |  | $ | 15,299 |  |  | $ | 8,797 |  |  | $ | 7,589 |
Tubular and pipe products |  |  | 4,555 |  |  |  | 2,214 |  |  |  | 2,214 |
Corporate |  |  | - |  |  |  | - |  |  |  | - |
Total capital expenditures |  | $ | 19,854 |  |  | $ | 11,011 |  |  | $ | 9,803 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Flat products |  | $ | 631,607 |  |  | $ | 777,074 |  |  |  |  |
Tubular and pipe products |  |  | 258,412 |  |  |  | 245,962 |  |  |  |  |
Corporate |  |  | 1,608 |  |  |  | 536 |  |  |  |  |
Total assets |  | $ | 891,627 |  |  | $ | 1,023,572 |  |  |  |  |

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