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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

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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

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