v3.26.1
Note 11 - Segment Information (Tables)
 3 Months Ended
Jun. 30, 2026
Notes Tables  
Segment Reporting [Table Text Block]
  

Three Months Ended June 30, 2026

 
  

Flat-roll

  

Tubular

  

Other

  

Total

 

Net Sales

 $221,753  $18,218  $—  $239,971 

Cost and expenses:

                

Cost of materials sold

  171,501   12,718   —   184,219 

Processing and warehousing expense

  10,717   2,710   —   13,427 

Delivery expense

  9,050   335   —   9,385 

Commercial expense

  4,833   251   —   5,084 

Depreciation and amortization

  906   81   82   1,069 

General corporate expenses

  —   —   5,753   5,753 
   197,007   16,095   5,835   218,937 

EARNINGS (LOSS) FROM OPERATIONS:

  24,746   2,123   (5,835)  21,034 

Loss on economic hedges of risk

              (2,756)

Interest expense

              (1,224)

Other expense

              (77)

EARNINGS BEFORE INCOME TAXES

             $16,977 
                 
  

Three Months Ended June 30, 2025

 
  

Flat-roll

  

Tubular

  

Other

  

Total

 

Net Sales

 $124,067  $10,710  $—  $134,777 

Cost and expenses:

                

Cost of materials sold

  99,154   6,550   —   105,704 

Processing and warehousing expense

  6,899   2,429   —   9,328 

Delivery expense

  6,260   140   —   6,400 

Commercial expense

  2,199   212   —   2,411 

Depreciation and amortization

  769   50   28   847 

General corporate expenses

  —   —   3,044   3,044 
   115,281   9,381   3,072   127,734 

EARNINGS (LOSS) FROM OPERATIONS:

  8,786   1,329   (3,072)  7,043 

Gain on economic hedges of risk

              276 

Interest expense

              (678)

Other income

              4 

EARNINGS BEFORE INCOME TAXES

             $6,645 
  

June 30, 2026

  

March 31, 2026

 

IDENTIFIABLE ASSETS:

        

Flat-Roll

 $329,262  $301,528 

Tubular

  34,948   28,822 
   364,210   330,350 

General corporate assets

  9,228   6,460 
  $373,438  $336,810