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Industry Segments (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Schedule of Segment Information

The following table summarizes certain information regarding segments of the Company's operations:

			Three Months Ended September 30,												Nine Months Ended September 30,
(in thousands)			2020						2019						2020						2019
Net sales
Metals Segment			$	47,079					$	60,121					$	159,761					$	195,728
Specialty Chemicals Segment			12,187						13,519						40,338						41,494
			$	59,266					$	73,640					$	200,099					$	237,222
Operating (loss) income
Metals Segment			$	(11,563)					$	450					$	(19,784)					$	3,125
Specialty Chemicals Segment			1,061						846						3,508						2,387
Unallocated corporate expenses			1,526						2,369						5,132						6,622
Acquisition related costs and other			656						90						803						438
Proxy contest costs			207						—						3,105						—
Earn-out adjustments			(146)						(1,242)						(969)						(1,643)
Gain on lease modification			(171)						—						(171)						—
Operating (loss) income			(12,574)						79						(24,176)						95
Interest expense			452						944						1,703						2,977
Change in fair value of interest rate swap			(16)						21						65						145
Other (income) expense, net			59						180						(1,244)						(224)
Loss before income taxes			$	(13,069)					$	(1,066)					$	(24,700)					$	(2,803)
			As of
(in thousands)			September 30, 2020						December 31, 2019
Identifiable assets
Metals Segment			$	157,974					$	186,758
Specialty Chemicals Segment			25,004						25,428
Corporate			41,737						45,011
			$	224,715					$	257,197

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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

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- References

No definition available.

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