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Note 17 - Segment Information (Tables)

12 Months Ended

Dec. 31, 2024

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		For the Year Ended December 31, 2024
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	496,854			$	1,109,100			$	335,718			$	-			$	1,941,672
Cost of materials sold			406,229				864,590				219,672				-				1,490,491
Operating expenses			66,978				210,666				78,525				17,023				373,192
Depreciation			2,863				14,679				6,936				70				24,548
Amortization			1,056				2,750				1,776				-				5,582
Operating income		$	19,728			$	16,415			$	28,809			$	(17,093	)		$	47,859
Other loss, net																			93
Interest and other expense on debt																			16,461
Income before income taxes																		$	31,305
		For the Year Ended December 31, 2023
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	567,728			$	1,221,093			$	369,342			$	-			$	2,158,163
Cost of materials sold			473,784				963,667				247,212				-				1,684,663
Operating expenses			67,131				208,082				73,756				20,417				369,386
Depreciation			2,868				12,147				6,460				70				21,545
Amortization			1,061				2,615				1,222				-				4,898
Operating income		$	22,884			$	34,582			$	40,692			$	(20,487	)		$	77,671
Other loss, net																			78
Interest and other expense on debt																			16,006
Income before income taxes																		$	61,587
		For the Year Ended December 31, 2022
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	776,022			$	1,356,605			$	427,363			$	-			$	2,559,990
Cost of materials sold			589,472				1,164,459				319,999				-				2,073,930
Operating expenses			88,828				156,436				67,595				19,716				332,575
Depreciation			2,991				10,298				3,926				70				17,285
Amortization			1,069				397				987				-				2,453
Operating income		$	93,662			$	25,015			$	34,856			$	(19,786	)		$	133,747
Other loss, net																			45
Interest and other expense on debt																			10,080
Income before income taxes																		$	123,622

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

		For the Year Ended December 31,
(in thousands)		2024				2023				2022
Capital expenditures
Flat products		$	26,562			$	14,306			$	15,299
Tubular and pipe products			2,925				7,020				4,555
Corporate			-				-				-
Total capital expenditures		$	29,487			$	21,326			$	19,854
Assets
Flat products		$	695,880			$	649,744			$	631,607
Tubular and pipe products			347,469				333,677				258,412
Corporate			1,147				1,414				1,608
Total assets		$	1,044,496			$	984,835			$	891,627

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

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-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
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