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Note 16 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

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)		2023				2022				2023				2022
Net sales
Specialty metals flat products		$	132,763			$	188,301			$	446,327			$	614,744
Carbon flat products			304,478				336,259				940,925				1,086,473
Tubular and pipe products			89,170				109,877				281,503				338,729
Total net sales		$	526,411			$	634,437			$	1,668,755			$	2,039,946
Depreciation and amortization
Specialty metals flat products		$	871			$	1,024			$	2,878			$	3,037
Carbon flat products			3,568				2,513				10,891				7,885
Tubular and pipe products			1,729				1,112				5,038				3,620
Corporate			17				17				52				52
Total depreciation and amortization		$	6,185			$	4,666			$	18,859			$	14,594
Operating income
Specialty metals flat products		$	4,668			$	15,072			$	20,606			$	85,629
Carbon flat products			9,949				1,732				30,590				27,225
Tubular and pipe products			10,033				7,095				29,145				28,977
Corporate expenses			(3,765	)			(4,813	)			(15,961	)			(15,758	)
Total operating income		$	20,885			$	19,086			$	64,380			$	126,073
Other loss, net			28				17				67				38
Income before interest and income taxes			20,857				19,069				64,313				126,035
Interest and other expense on debt			3,953				3,007				12,379				7,276
Income before income taxes		$	16,904			$	16,062			$	51,934			$	118,759

Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block]

		For the Nine Months Ended
		September 30,
(in thousands)		2023				2022
Capital expenditures
Flat products segments		$	12,711			$	11,063
Tubular and pipe products			6,593				2,900
Corporate			260				-
Total capital expenditures		$	19,564			$	13,963

		As of
		September 30,				December 31,
(in thousands)		2023				2022
Assets
Flat products segments		$	708,766			$	631,607
Tubular and pipe products			282,300				258,412
Corporate			1,740				1,608
Total assets		$	992,806			$	891,627

X

- Definition

Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

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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
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482810/280-10-50-31

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