XML 45 R34.htm IDEA: XBRL DOCUMENT v3.24.3

Note 15 - Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

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)		2024				2023				2024				2023
Net sales
Specialty metals flat products		$	125,693			$	132,763			$	386,100			$	446,327
Carbon flat products			264,849				304,478				873,579				940,925
Tubular and pipe products			79,454				89,170				263,209				281,503
Total net sales		$	469,996			$	526,411			$	1,522,888			$	1,668,755
Depreciation and amortization
Specialty metals flat products		$	1,005			$	871			$	2,922			$	2,878
Carbon flat products			4,028				3,568				12,221				10,891
Tubular and pipe products			2,184				1,729				6,600				5,038
Corporate			17				17				52				52
Total depreciation and amortization		$	7,234			$	6,185			$	21,795			$	18,859
Operating income
Specialty metals flat products		$	4,936			$	4,668			$	16,716			$	20,606
Carbon flat products			434				9,949				14,452				30,590
Tubular and pipe products			6,476				10,033				20,600				29,145
Corporate expenses			(4,037	)			(3,765	)			(12,911	)			(15,961	)
Total operating income		$	7,809			$	20,885			$	38,857			$	64,380
Other loss, net			26				28				66				67
Income before interest and income taxes			7,783				20,857				38,791				64,313
Interest and other expense on debt			3,880				3,953				12,283				12,379
Income before income taxes		$	3,903			$	16,904			$	26,508			$	51,934

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

		For the Nine Months Ended
		September 30,
(in thousands)		2024				2023
Capital expenditures
Flat products segments		$	18,458			$	12,711
Tubular and pipe products			3,850				6,593
Corporate			-				260
Total capital expenditures		$	22,308			$	19,564

		As of
		September 30,				December 31,
(in thousands)		2024				2023
Assets
Flat products segments		$	666,508			$	649,744
Tubular and pipe products			344,289				333,677
Corporate			1,214				1,414
Total assets		$	1,012,011			$	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
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

+ Details

Name:	us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_TableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration