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Note 18 - Segment Information (Tables) | 12 Months Ended
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Dec. 31, 2023
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Year Ended December 31, |
(in thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Net sales |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 567,728 |  |  | $ | 776,022 |  |  | $ | 585,751 |
Carbon flat products |  |  | 1,221,093 |  |  |  | 1,356,605 |  |  |  | 1,344,150 |
Tubular and pipe products |  |  | 369,342 |  |  |  | 427,363 |  |  |  | 382,352 |
Total net sales |  | $ | 2,158,163 |  |  | $ | 2,559,990 |  |  | $ | 2,312,253 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 3,929 |  |  | $ | 4,060 |  |  | $ | 3,692 |
Carbon flat products |  |  | 14,762 |  |  |  | 10,695 |  |  |  | 11,286 |
Tubular and pipe products |  |  | 7,682 |  |  |  | 4,913 |  |  |  | 5,267 |
Corporate |  |  | 70 |  |  |  | 70 |  |  |  | 71 |
Total depreciation and amortization |  | $ | 26,443 |  |  | $ | 19,738 |  |  | $ | 20,316 |
Operating income |  |  |  |  |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 22,884 |  |  | $ | 93,662 |  |  | $ | 70,544 |
Carbon flat products |  |  | 34,582 |  |  |  | 25,015 |  |  |  | 110,074 |
Tubular and pipe products |  |  | 40,692 |  |  |  | 34,856 |  |  |  | 7,353 |
Corporate |  |  | (20,487 | ) |  |  | (19,786 | ) |  |  | (15,505 | )
Total operating income |  | $ | 77,671 |  |  | $ | 133,747 |  |  | $ | 172,466 |
Other loss, net |  |  | 78 |  |  |  | 45 |  |  |  | 36 |
Income before interest and income taxes |  |  | 77,593 |  |  |  | 133,702 |  |  |  | 172,430 |
Interest and other expense on debt |  |  | 16,006 |  |  |  | 10,080 |  |  |  | 7,631 |
Income before income taxes |  | $ | 61,587 |  |  | $ | 123,622 |  |  | $ | 164,799 |
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block] |
|  | For the Year Ended December 31, |
(in thousands) |  | 2023 |  |  | 2022 |  |  | 2021 |
Capital expenditures |  |  |  |  |  |  |  |  |  |  |  |
Flat products |  | $ | 14,306 |  |  | $ | 15,299 |  |  | $ | 8,797 |
Tubular and pipe products |  |  | 7,020 |  |  |  | 4,555 |  |  |  | 2,214 |
Total capital expenditures |  | $ | 21,326 |  |  | $ | 19,854 |  |  | $ | 11,011 |
Assets |  |  |  |  |  |  |  |  |  |  |  |
Flat products |  | $ | 649,744 |  |  | $ | 631,607 |  |  | $ | 777,074 |
Tubular and pipe products |  |  | 333,677 |  |  |  | 258,412 |  |  |  | 245,962 |
Corporate |  |  | 1,414 |  |  |  | 1,608 |  |  |  | 536 |
Total assets |  | $ | 984,835 |  |  | $ | 891,627 |  |  | $ | 1,023,572 |

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