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Note 16 - Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2023
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended |
|  | March 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Net sales |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 166,564 |  |  | $ | 199,479 |
Carbon flat products |  |  | 309,818 |  |  |  | 379,549 |
Tubular and pipe products |  |  | 96,694 |  |  |  | 117,305 |
Total net sales |  | $ | 573,076 |  |  | $ | 696,333 |
Depreciation and amortization |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 984 |  |  | $ | 1,005 |
Carbon flat products |  |  | 3,607 |  |  |  | 2,674 |
Tubular and pipe products |  |  | 1,593 |  |  |  | 1,286 |
Corporate |  |  | 17 |  |  |  | 17 |
Total depreciation and amortization |  | $ | 6,201 |  |  | $ | 4,982 |
Operating income |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 9,259 |  |  | $ | 34,084 |
Carbon flat products |  |  | 5,946 |  |  |  | 9,875 |
Tubular and pipe products |  |  | 9,741 |  |  |  | 14,582 |
Corporate expenses |  |  | (7,223 | ) |  |  | (5,419 | )
Total operating income |  | $ | 17,723 |  |  | $ | 53,122 |
Other loss, net |  |  | 11 |  |  |  | 6 |
Income before interest and income taxes |  |  | 17,712 |  |  |  | 53,116 |
Interest and other expense on debt |  |  | 4,223 |  |  |  | 1,998 |
Income before income taxes |  | $ | 13,489 |  |  | $ | 51,118 |
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended |
|  | March 31, |
(in thousands) |  | 2023 |  |  | 2022 |
Capital expenditures |  |  |  |  |  |  |  |
Flat products segments |  | $ | 4,502 |  |  | $ | 2,023 |
Tubular and pipe products |  |  | 2,913 |  |  |  | 93 |
Total capital expenditures |  | $ | 7,415 |  |  | $ | 2,116 |
|  | As of |
|  | March 31, |  |  | December 31, |
(in thouands) |  | 2023 |  |  | 2022 |
Assets |  |  |  |  |  |  |  |
Flat products segments |  | $ | 758,858 |  |  | $ | 631,607 |
Tubular and pipe products |  |  | 266,322 |  |  |  | 258,412 |
Corporate |  |  | 1,609 |  |  |  | 1,608 |
Total assets |  | $ | 1,026,789 |  |  | $ | 891,627 |

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