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Industry Segments (Tables)

9 Months Ended

Sep. 30, 2021

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)			2021						2020						2021						2020
Net sales
Metals Segment			$	70,127					$	47,079					$	193,438					$	159,761
Specialty Chemicals Segment			16,055						12,187						45,609						40,338
			$	86,182					$	59,266					$	239,047					$	200,099
Operating income (loss)
Metals Segment			$	11,711					$	(11,563)					$	21,793					$	(19,784)
Specialty Chemicals Segment			1,356						1,061						1,999						3,508
Unallocated corporate expenses			2,009						1,526						5,138						5,132
Acquisition costs and other			201						656						201						803
Proxy contest costs and recoveries			—						207						168						3,105
Earn-out adjustments			160						(146)						1,430						(969)
Gain on lease modification			—						(171)						—						(171)
Operating income (loss)			10,697						(12,574)						16,855						(24,176)
Interest expense			329						452						1,068						1,703
Loss on extinguishment of debt			—						—						223						—
Change in fair value of interest rate swap			—						(16)						(2)						65
Other expense (income), net			(10)						59						152						(1,244)
Income (loss) before income taxes			$	10,378					$	(13,069)					$	15,414					$	(24,700)
			As of
(in thousands)			September 30, 2021						December 31, 2020
Identifiable assets
Metals Segment			$	160,170					$	141,799
Specialty Chemicals Segment			29,626						25,039
Corporate			34,361						40,146
			$	224,157					$	206,984

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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=123359005&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=123359005&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=123359005&loc=d3e8906-108599

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- References

No definition available.

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