Quarterly report pursuant to Section 13 or 15(d)

Industry Segments (Tables)

v3.20.1
Industry Segments (Tables)
 3 Months Ended
Mar. 31, 2020
Segment Reporting [Abstract]  
Schedule of Segment Information
The following table summarizes certain information regarding segments of the Company's operations:
 
Three Months Ended March 31,
(in thousands)
2020
 
2019
Net sales
 
 
 
Metals Segment
$
60,664

 
$
71,103

Specialty Chemicals Segment
14,033

 
13,701

 
$
74,697

 
$
84,804

Operating loss
 
 
 
Metals Segment
$
934

 
$
1,437

Specialty Chemicals Segment
466

 
614

 
 
 
 
Unallocated corporate expenses
2,019

 
2,308

Acquisition related costs and other
304

 
282

Earn-out adjustments
4

 
17

Operating loss
(927
)
 
(556
)
Interest expense
719

 
1,024

Change in fair value of interest rate swap
85

 
48

Other expense (income), net
827

 
(295
)
Loss before income taxes
$
(2,558
)
 
$
(1,333
)
 
 
 
 
 
As of
(in thousands)
March 31, 2020
 
December 31, 2019
Identifiable assets
 
 
 
Metals Segment
$
190,608

 
$
186,758

Specialty Chemicals Segment
25,810

 
25,428

Corporate
46,086

 
45,011

 
$
262,504

 
$
257,197