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v3.22.1

Industry Segments - Segment Information (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020
Segment Reporting Information [Line Items] |  |
Net sales | $ 334,715 | $ 256,000
Unallocated corporate expenses | 30,144 | 28,718
Acquisition costs and other | 1,001 | 845
Proxy contest costs and recoveries | 168 | 3,105
Earn-out adjustments | 1,872 | (1,195)
Gain on lease modification | 0 | (171)
Operating income (loss) | 27,348 | (31,067)
Interest expense | 1,486 | 2,110
Change in fair value of interest rate swap | (2) | 51
Loss on extinguishment of debt | 223 | 0
Other income, net | 143 | (1,255)
Income (loss) before income taxes | 25,498 | (31,973)
Identifiable assets | 266,002 | 206,984
Depreciation and amortization | 10,341 | 10,600
Capital expenditures | 1,497 | 3,748
United States |  |
Segment Reporting Information [Line Items] |  |
Net sales | 325,335 | 248,470
Non-US |  |
Segment Reporting Information [Line Items] |  |
Net sales | 9,380 | 7,530
Fiberglass and steel liquid storage tanks and separation equipment |  |
Segment Reporting Information [Line Items] |  |
Net sales |  | 5,503
Heavy wall seamless carbon steel pipe and tube |  |
Segment Reporting Information [Line Items] |  |
Net sales |  | 23,670
Stainless steel pipe and tube |  |
Segment Reporting Information [Line Items] |  |
Net sales |  | 154,974
Galvanized pipe and tube |  |
Segment Reporting Information [Line Items] |  |
Net sales |  | 20,312
Specialty chemicals |  |
Segment Reporting Information [Line Items] |  |
Net sales |  | 51,541
Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Operating income (loss) | 37,217 | (20,566)
Corporate |  |
Segment Reporting Information [Line Items] |  |
Unallocated corporate expenses | 6,828 | 7,917
Acquisition costs and other | 1,001 | 845
Earn-out adjustments | 1,872 | (1,195)
Identifiable assets | 32,469 | 40,146
Depreciation and amortization | 130 | 165
Capital expenditures | 0 | 1,121
Metals Segment |  |
Segment Reporting Information [Line Items] |  |
Net sales | 267,238 | 204,459
Metals Segment | Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Operating income (loss) | 33,561 | (24,599)
Identifiable assets | 160,625 | 141,799
Depreciation and amortization | 8,206 | 8,883
Capital expenditures | 1,011 | 1,761
Specialty Chemicals Segment |  |
Segment Reporting Information [Line Items] |  |
Net sales | 67,477 | 51,541
Specialty Chemicals Segment | Operating Segments |  |
Segment Reporting Information [Line Items] |  |
Operating income (loss) | 3,656 | 4,033
Identifiable assets | 72,908 | 25,039
Depreciation and amortization | 2,005 | 1,552
Capital expenditures | $ 486 | $ 866

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- Definition The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
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