XML 47 R31.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Note 2 - Acquisitions (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Notes Tables |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block] |
Details of Acquisition (in thousands) |  | Metal Works As of November 11, 2024 |  |  | CTB As of October 2, 2023 |  |  | Metal-Fab As of January 3, 2023 |
Assets acquired |  |  |  |  |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | - |  |  | $ | - |  |  | $ | 1,728 |
Accounts receivable, net |  |  | 2,166 |  |  |  | 5,339 |  |  |  | 10,597 |
Prepaid expenses and other |  |  | 2 |  |  |  | - |  |  |  | 740 |
Inventories, net |  |  | 3,451 |  |  |  | 3,906 |  |  |  | 17,236 |
Property and equipment |  |  | 13,662 |  |  |  | 16,193 |  |  |  | 20,408 |
Goodwill |  |  | 31,727 |  |  |  | 8,401 |  |  |  | 33,194 |
Intangible assets |  |  | 29,890 |  |  |  | 9,590 |  |  |  | 54,740 |
Right-of-use and other long-term assets |  |  | - |  |  |  | 917 |  |  |  | 6,930 |
Total assets acquired |  |  | 80,898 |  |  |  | 44,346 |  |  |  | 145,573 |
Total liabilities assumed |  |  | (898 | ) |  |  | (4,054 | ) |  |  | (14,369 | )
Cash paid |  | $ | 80,000 |  |  | $ | 40,292 |  |  | $ | 131,204 |
Business Acquisition, Pro Forma Information [Table Text Block] |
|  | For the twelve months ended December 31, 2022 |
|  | Historical OSI |  |  | Historical Metal-Fab |  |  | Pro Forma Adjustments |  |  | Pro Forma Combined |
(in thousands, except per share amounts) |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Pro forma: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net sales |  | $ | 2,559,990 |  |  | $ | 95,528 |  |  | $ | 736 |  |  | $ | 2,656,254 |
Net income (loss) |  |  | 90,931 |  |  |  | 16,538 |  |  |  | (12,850 | ) |  |  | 94,619 |
Basic earnings per share |  |  | 7.87 |  |  |  | 1.43 |  |  |  | (1.11 | ) |  |  | 8.19 |
Diluted earnings per share |  |  | 7.87 |  |  |  | 1.43 |  |  |  | (1.11 | ) |  |  | 8.19 |

X
- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
Name: | us-gaap_BusinessAcquisitionProFormaInformationTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479907/805-20-50-1 + Details
Name: | us-gaap_ScheduleOfRecognizedIdentifiedAssetsAcquiredAndLiabilitiesAssumedTableTextBlock
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