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Industry Segments
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Industry Segments Industry Segments
The following table summarizes certain information regarding segments of the Company's operations:
Three Months Ended June 30,Six Months Ended June 30,
(in thousands)2021202020212020
Net sales
Metals Segment$68,097 $52,018 $123,311 $112,681 
Specialty Chemicals Segment14,990 14,118 29,554 28,152 
$83,087 $66,136 $152,865 $140,833 
Operating income (loss)
Metals Segment$7,504 $(9,155)$10,081 $(8,221)
Specialty Chemicals Segment(414)1,980 642 2,447 
Unallocated corporate expenses1,360 1,586 3,127 3,607 
Acquisition costs and other— 6 — 135 
Proxy contest costs and recoveries632 2,734 168 2,909 
Earn-out adjustments
1,044 (827)1,270 (823)
Operating income (loss)4,054 (10,674)6,158 (11,602)
Interest expense353 532 739 1,251 
Loss on extinguishment of debt— — 223 — 
Change in fair value of interest rate swap— (4)(2)81 
Other expense (income), net— (2,129)162 (1,303)
Income (loss) before income taxes$3,701 $(9,073)$5,036 $(11,631)
As of
(in thousands)June 30, 2021December 31, 2020
Identifiable assets
Metals Segment$152,653 $141,799 
Specialty Chemicals Segment27,932 25,039 
Corporate36,452 40,146 
$217,037 $206,984