v3.25.1
Note 10 - Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Segment Reporting Information, by Segment [Table Text Block]
  

Three Months Ended

 
  

March 31,

  

March 31,

 
  

2025

  

2024

 

Sales

        

U.S.

 $591  $667 

International

  121   110 

Consolidated sales

 $712  $777 
         

Cost of Sales

        

U.S.

 $471  $528 

International

  89   80 

Total cost of sales

 $560  $608 
         

Depreciation and amortization (1)

        

U.S.

 $5  $4 

International

     1 

Total depreciation and amortization expense

 $5  $5 
         

Amortization of intangibles (1)

        

U.S.

 $5  $4 

International

     1 

Total amortization of intangibles expense

 $5  $5 
         

Gross Profit

        

U.S.

 $110  $131 

International

  32   28 

Total gross profit

 $142  $159 
         

Selling, general and administrative expenses

        

U.S.

 $103  $97 

International

  21   22 

Corporate and other (2)

     1 

Total selling, general and administrative expenses

 $124  $120 
         

Operating income (loss)

        

U.S.

 $7  $34 

International

  11   6 

Corporate and other (2)

     (1)

Operating income

 $18  $39 
         

Interest expense

 $(9) $(8)

Other, net

     (3)

Income from continuing operations before income taxes

 $9  $28 
  

March 31,

  

December 31,

 
  

2025

  

2024

 

Total assets

        

U.S.

 $1,381  $1,278 

International

  313   301 

Corporate and other (1)

  6   9 

Discontinued operations

  4   36 

Total assets

 $1,704  $1,624 
Long-Lived Assets by Geographic Areas [Table Text Block]
  

March 31,

  

December 31,

 
  

2025

  

2024

 

Property, plant and equipment

        

U.S.

  95%  94%

International

  5%  6%

Total property, plant and equipment

  100%  100%
Schedule of Net Sales by Product Line [Table Text Block]
  

Three Months Ended

 
  

March 31,

  

March 31,

 

Type

 

2025

  

2024

 

Line Pipe

 $72  $113 

Carbon Fittings and Flanges

  90   96 

Total Carbon Pipe, Fittings and Flanges

  162   209 

Valves, Automation, Measurement and Instrumentation

  277   279 

Gas Products

  187   187 

Stainless Steel and Alloy Pipe and Fittings

  40   38 

General Products

  46   64 
  $712  $777