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v3.25.2

Note 5 - Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 30, 2025
Notes Tables |
Schedule of Goodwill [Table Text Block] |
|  | Carbon Flat |  |  | Specialty Metals |  |  | Tubular and |  |  |  |  |
(in thousands) |  | Products |  |  | Flat Products |  |  | Pipe Products |  |  | Total |
Balance as of December 31, 2024 |  | $ | 65,986 |  |  | $ | 9,431 |  |  | $ | 8,401 |  |  | $ | 83,818 |
Acquisitions |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Impairments |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Balance as of June 30, 2025 |  | $ | 65,986 |  |  | $ | 9,431 |  |  | $ | 8,401 |  |  | $ | 83,818 |
Schedule of Finite and Indefinite Lived Intangible Assets [Table Text Block] |
|  | As of June 30, 2025 |
|  | Gross Carrying |  |  | Accumulated |  |  | Intangible |
(in thousands) |  | Amount |  |  | Amortization |  |  | Assets, Net |
Customer relationships - subject to amortization |  | $ | 84,459 |  |  | $ | (20,896 | ) |  | $ | 63,563 |
Covenant not to compete - subject to amortization |  |  | 3,229 |  |  |  | (1,407 | ) |  |  | 1,822 |
Technology and know-how - subject to amortization |  |  | 8,900 |  |  |  | (1,280 | ) |  |  | 7,620 |
Trade name - not subject to amortization |  |  | 42,068 |  |  |  | - |  |  |  | 42,068 |
|  | $ | 138,656 |  |  | $ | (23,583 | ) |  | $ | 115,073 |
|  | As of December 31, 2024 |
|  | Gross Carrying |  |  | Accumulated |  |  | Intangible |
(in thousands) |  | Amount |  |  | Amortization |  |  | Assets, Net |
Customer relationships - subject to amortization |  | $ | 84,459 |  |  | $ | (18,513 | ) |  | $ | 65,946 |
Covenant not to compete - subject to amortization |  |  | 3,229 |  |  |  | (1,110 | ) |  |  | 2,119 |
Technology and know-how - subject to amortization |  |  | 8,900 |  |  |  | (922 | ) |  |  | 7,978 |
Trade name - not subject to amortization |  |  | 42,068 |  |  |  | - |  |  |  | 42,068 |
|  | $ | 138,656 |  |  | $ | (20,545 | ) |  | $ | 118,111 |

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