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Note 15 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

Reconciliation of Revenue from Segments to Consolidated [Table Text Block]

		For the Three Months Ended								For the Six Months Ended
		June 30,								June 30,
(in thousands)		2024				2023				2024				2023
Net sales
Specialty metals flat products		$	130,873			$	147,000			$	260,407			$	313,564
Carbon flat products			307,755				326,629				608,730				636,447
Tubular and pipe products			87,622				95,639				183,755				192,333
Total net sales		$	526,250			$	569,268			$	1,052,892			$	1,142,344
Depreciation and amortization
Specialty metals flat products		$	929			$	1,023			$	1,917			$	2,007
Carbon flat products			4,112				3,716				8,193				7,323
Tubular and pipe products			2,168				1,716				4,416				3,309
Corporate			18				18				35				35
Total depreciation and amortization		$	7,227			$	6,473			$	14,561			$	12,674
Operating income
Specialty metals flat products		$	7,849			$	6,679			$	11,780			$	15,938
Carbon flat products			5,361				14,695				14,018				20,641
Tubular and pipe products			6,497				9,371				14,124				19,112
Corporate expenses			(4,597	)			(4,973	)			(8,874	)			(12,196	)
Total operating income		$	15,110			$	25,772			$	31,048			$	43,495
Other loss, net			21				28				40				39
Income before interest and income taxes			15,089				25,744				31,008				43,456
Interest and other expense on debt			4,393				4,203				8,403				8,426
Income before income taxes		$	10,696			$	21,541			$	22,605			$	35,030

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

		For the Six Months Ended
		June 30,
(in thousands)		2024				2023
Capital expenditures
Flat products segments		$	10,159			$	8,977
Tubular and pipe products			3,082				6,083
Corporate			-				57
Total capital expenditures		$	13,241			$	15,117

		As of
		June 30,				December 31,
(in thousands)		2024				2023
Assets
Flat products segments		$	665,840			$	649,744
Tubular and pipe products			339,175				333,677
Corporate			1,281				1,414
Total assets		$	1,006,296			$	984,835

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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-Publisher FASB
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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

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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