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Note 15 - Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2024
Notes Tables |
Reconciliation of Revenue from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended |
|  | March 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Net sales |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 129,534 |  |  | $ | 166,564 |
Carbon flat products |  |  | 300,975 |  |  |  | 309,818 |
Tubular and pipe products |  |  | 96,133 |  |  |  | 96,694 |
Total net sales |  | $ | 526,642 |  |  | $ | 573,076 |
Depreciation and amortization |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 988 |  |  | $ | 984 |
Carbon flat products |  |  | 4,081 |  |  |  | 3,607 |
Tubular and pipe products |  |  | 2,248 |  |  |  | 1,593 |
Corporate |  |  | 17 |  |  |  | 17 |
Total depreciation and amortization |  | $ | 7,334 |  |  | $ | 6,201 |
Operating income |  |  |  |  |  |  |  |
Specialty metals flat products |  | $ | 3,931 |  |  | $ | 9,259 |
Carbon flat products |  |  | 8,657 |  |  |  | 5,946 |
Tubular and pipe products |  |  | 7,627 |  |  |  | 9,741 |
Corporate expenses |  |  | (4,277 | ) |  |  | (7,223 | )
Total operating income |  | $ | 15,938 |  |  | $ | 17,723 |
Other loss, net |  |  | 19 |  |  |  | 11 |
Income before interest and income taxes |  |  | 15,919 |  |  |  | 17,712 |
Interest and other expense on debt |  |  | 4,010 |  |  |  | 4,223 |
Income before income taxes |  | $ | 11,909 |  |  | $ | 13,489 |
Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block] |
|  | For the Three Months Ended |
|  | March 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Capital expenditures |  |  |  |  |  |  |  |
Flat products segments |  | $ | 3,410 |  |  | $ | 4,502 |
Tubular and pipe products |  |  | 1,408 |  |  |  | 2,913 |
Total capital expenditures |  | $ | 4,818 |  |  | $ | 7,415 |
|  | As of |
|  | March 31, |  |  | December 31, |
(in thousands) |  | 2024 |  |  | 2023 |
Assets |  |  |  |  |  |  |  |
Flat products segments |  | $ | 674,903 |  |  | $ | 649,744 |
Tubular and pipe products |  |  | 335,528 |  |  |  | 333,677 |
Corporate |  |  | 1,348 |  |  |  | 1,414 |
Total assets |  | $ | 1,011,779 |  |  | $ | 984,835 |

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