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Industry Segments (Tables)

6 Months Ended

Jun. 30, 2022

Segment Reporting [Abstract]

Schedule of Segment Information

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)			2022						2021						2022						2021
Net sales
Metals Segment			$	87,182					$	68,097					$	175,679					$	123,311
Specialty Chemicals Segment			29,020						14,990						56,741						29,554
			$	116,202					$	83,087					$	232,420					$	152,865
Operating income (loss)
Metals Segment			$	12,934					$	7,504					$	27,426					$	10,081
Specialty Chemicals Segment			2,627						(414)						5,014						642
Unallocated corporate expenses			3,322						1,360						6,351						3,127
Acquisition costs and other			157						—						688						—
Proxy contest costs and recoveries			—						632						—						168
Earn-out adjustments			(109)						1,044						(7)						1,270
Operating income			12,191						4,054						25,408						6,158
Interest expense			407						353						810						739
Loss on extinguishment of debt			—						—						—						223
Change in fair value of interest rate swap			—						—						—						(2)
Other, net			(23)						—						(58)						162
Income before income taxes			$	11,807					$	3,701					$	24,656					$	5,036
			As of
(in thousands)			June 30, 2022						December 31, 2021
Identifiable assets
Metals Segment			$	196,429					$	160,625
Specialty Chemicals Segment			78,013						72,908
Corporate			31,999						32,469
			$	306,441					$	266,002

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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 https://asc.fasb.org/extlink&oid=126901519&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 https://asc.fasb.org/extlink&oid=126901519&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 https://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 https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

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- References

No definition available.

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