Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.4.0.3
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Segment Information
SEGMENT INFORMATION

The following table summarizes certain information regarding segments of the Company's operations:
 
Three Months Ended
 
Mar 31, 2016
 
Apr 4, 2015
Net sales
 
 
 
Metals Segment
$
23,962,000

 
$
35,461,000

Specialty Chemicals Segment
12,350,000

 
16,187,000

 
$
36,312,000

 
$
51,648,000

Operating (loss) income
 
 
 
Metals Segment
$
(771,000
)
 
$
3,116,000

Specialty Chemicals Segment
1,210,000

 
1,461,000

 
439,000

 
4,577,000

Less unallocated corporate expenses
1,293,000

 
1,003,000

Acquisition related costs
—

 
440,000

Operating (loss) income
(854,000
)
 
3,134,000

Interest expense
281,000

 
378,000

Change in fair value of interest rate swap
294,000

 
169,000

Palmer earn-out adjustment
—

 
(2,483,000
)
 
 
 
 
 (Loss) income from operations before income taxes
$
(1,429,000
)
 
$
5,070,000

 
 
 
 
 
As of
 
Mar 31, 2016
 
Dec 31, 2015
Identifiable assets
 
 
 
Metals Segment
$
111,228,000

 
$
112,748,000

Specialty Chemicals Segment
32,903,000

 
33,391,000

Corporate
4,731,000

 
2,904,000

 
$
148,862,000

 
$
149,043,000