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Segment Information | 6 Months Ended
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Jun. 30, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information The following table summarizes certain information regarding segments of the Company's operations:
| Three Months Ended |  | Six Months Ended
| Jun 30, 2018 |  | Jun 30, 2017 |  | Jun 30, 2018 |  | Jun 30, 2017
Net sales |  |  |  |  |  |  |
Metals Segment | $ | 56,374,479 |  |  | $ | 39,088,322 |  |  | $ | 101,866,726 |  |  | $ | 68,798,282 |
Specialty Chemicals Segment | 15,519,284 |  |  | 12,422,723 |  |  | 28,507,639 |  |  | 24,916,342 |
| $ | 71,893,763 |  |  | $ | 51,511,045 |  |  | $ | 130,374,365 |  |  | $ | 93,714,624 |
Operating income |  |  |  |  |  |  |
Metals Segment | $ | 9,090,516 |  |  | $ | 2,359,054 |  |  | $ | 15,107,047 |  |  | $ | 3,923,568 |
Specialty Chemicals Segment | 1,106,672 |  |  | 1,137,911 |  |  | 1,970,161 |  |  | 2,645,371 |
Unallocated corporate expenses | 2,219,618 |  |  | 1,601,026 |  |  | 3,722,339 |  |  | 3,158,098 |
Acquisition related costs | 690,217 |  |  | 386,519 |  |  | 690,217 |  |  | 744,996 |
Operating income | 7,287,353 |  |  | 1,509,420 |  |  | 12,664,652 |  |  | 2,665,845 |
Interest expense | 403,852 |  |  | 341,005 |  |  | 717,835 |  |  | 521,320 |
Change in fair value of interest rate swaps | (19,255 | ) |  | 16,927 |  |  | (92,458 | ) |  | (24,503 | )
Earn-out adjustment | 2,307,598 |  |  | (3,391 | ) |  | 2,461,658 |  |  | (3,391 | )
Other loss (income), net | (59,112 | ) |  | — |  |  | 29,185 |  |  | — |
Income before income taxes | $ | 4,654,270 |  |  | $ | 1,154,879 |  |  | $ | 9,548,432 |  |  | $ | 2,172,419 |
| As of |  |
| Jun 30, 2018 |  | Dec 31, 2017 |  |  |  |
Identifiable assets |  |  |  |  |  |  |
Metals Segment | $ | 158,144,084 |  |  | $ | 130,456,857 |  |  |  |  |
Specialty Chemicals Segment | 29,549,710 |  |  | 25,394,078 |  |  |  |  |
Corporate | 14,587,879 |  |  | 4,023,215 |  |  |  |  |
| $ | 202,281,673 |  |  | $ | 159,874,150 |  |  |  |  |
Goodwill |  |  |  |  |  |  |
Metals Segment | $ | 4,648,795 |  |  | $ | 4,648,795 |  |  |  |  |
Specialty Chemicals Segment | 1,354,730 |  |  | 1,354,730 |  |  |  |  |
| $ | 6,003,525 |  |  | $ | 6,003,525 |  |  |  |  |

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- References No definition available. + Details
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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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