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Industry Segments (Tables) | 12 Months Ended
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Dec. 31, 2016
Segment Reporting [Abstract] |
Segment Information | All values are for continuing operations only.
(Amounts in thousands) | 2016 |  | 2015 |  | 2014
Net sales |  |  |  |  |
Metals Segment | $ | 90,215 |  |  | $ | 114,908 |  |  | $ | 134,304 |
Specialty Chemicals Segment | 48,351 |  |  | 60,552 |  |  | 65,201 |
| $ | 138,566 |  |  | $ | 175,460 |  |  | $ | 199,505 |
Operating (loss) income |  |  |  |  |  |  |  |
Metals Segment | $ | (4,821 | ) |  | $ | 2,822 |  |  | $ | 13,511 |
Goodwill impairment | — |  |  | (17,158 | ) |  | — |
Business interruption proceeds | — |  |  | 1,246 |  |  | — |
Loss on sale-leaseback | (2,166 | ) |  | — |  |  | — |
Total Metals Segment | (6,987 | ) |  | (13,090 | ) |  | 13,511 |
Specialty Chemicals Segment | 4,888 |  |  | 5,665 |  |  | 6,130 |
Loss on sale-leaseback | (206 | ) |  | — |  |  | — |
Total Specialty Chemicals Segment | 4,682 |  |  | 5,665 |  |  | 6,130 |
Unallocated straight line lease cost | (102 | ) |  | — |  |  | — |
| (2,407 | ) |  | (7,425 | ) |  | 19,641 |
Less unallocated corporate expenses | 5,733 |  |  | 5,106 |  |  | 3,241 |
Acquisition related costs | 106 |  |  | 500 |  |  | 302 |
Operating (loss) income | (8,246 | ) |  | (13,031 | ) |  | 16,098 |
Interest expense | 933 |  |  | 1,353 |  |  | 1,151 |
Change in fair value of interest rate swap | 13 |  |  | 42 |  |  | 426 |
Specialty and Palmer earn-out adjustments | — |  |  | (4,897 | ) |  | (3,476 | )
Casualty insurance gain | — |  |  | (923 | ) |  | — |
Other income, net | — |  |  | (136 | ) |  | (8 | )
(Loss) income before income taxes | $ | (9,192 | ) |  | $ | (8,470 | ) |  | $ | 18,005 |
Identifiable assets |  |  |  |  |  |  |  |
Metals Segment | $ | 109,689 |  |  | $ | 112,749 |  |  |
Specialty Chemicals Segment | 22,908 |  |  | 33,391 |  |  |
Corporate | 6,041 |  |  | 2,903 |  |  |
| $ | 138,638 |  |  | $ | 149,043 |  |  |
Depreciation and amortization |  |  |  |  |  |  |  |
Metals Segment | $ | 5,133 |  |  | $ | 5,173 |  |  | $ | 4,078 |
Specialty Chemicals Segment | 1,449 |  |  | 1,376 |  |  | 974 |
Corporate | 113 |  |  | 85 |  |  | 80 |
| $ | 6,695 |  |  | $ | 6,634 |  |  | $ | 5,132 |
Capital expenditures |  |  |  |  |  |  |  |
Metals Segment | $ | 2,201 |  |  | $ | 7,399 |  |  | $ | 3,123 |
Specialty Chemicals Segment | 476 |  |  | 3,439 |  |  | 4,913 |
Corporate | 367 |  |  | 67 |  |  | 30 |
| $ | 3,044 |  |  | $ | 10,905 |  |  | $ | 8,066 |
Sales by product group |  |  |  |  |
Specialty chemicals | $ | 48,351 |  |  | $ | 60,552 |  |  | $ | 65,201 |
Stainless steel pipe | 56,066 |  |  | 77,850 |  |  | 101,035 |
Seamless carbon steel pipe and tube | 14,913 |  |  | 18,013 |  |  | 2,524 |
Liquid storage tanks and separation equipment | 19,236 |  |  | 19,045 |  |  | 30,745 |
| $ | 138,566 |  |  | $ | 175,460 |  |  | $ | 199,505 |
Geographic sales |  |  |  |  |  |  |  |
United States | $ | 132,313 |  |  | $ | 167,185 |  |  | $ | 191,032 |
Elsewhere | 6,253 |  |  | 8,275 |  |  | 8,473 |
| $ | 138,566 |  |  | $ | 175,460 |  |  | $ | 199,505 |

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