Quarterly report pursuant to Section 13 or 15(d)

SEGMENT INFORMATION

v3.7.0.1
SEGMENT INFORMATION
 3 Months Ended
Mar. 31, 2017
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, 2017
 
Mar 31, 2016
Net sales
 
 
 
Metals Segment
$
29,710,000

 
$
23,962,000

Specialty Chemicals Segment
12,494,000

 
12,350,000

 
$
42,204,000

 
$
36,312,000

Operating income (loss)
 
 
 
Metals Segment
$
1,565,000

 
$
(771,000
)
Specialty Chemicals Segment
1,508,000

 
1,210,000

 
3,073,000

 
439,000

Unallocated straight line lease cost
102,000

 
—

Unallocated corporate expenses
1,457,000

 
1,293,000

Acquisition related costs
358,000

 
—

Operating income (loss)
1,156,000

 
(854,000
)
Interest expense
180,000

 
281,000

Change in fair value of interest rate swap
(41,000
)
 
294,000

Other income
(35,000
)
 
—

 
 
 
 
     Income (loss) from operations before income taxes
$
1,052,000

 
$
(1,429,000
)
 
 
 
 
 
As of
 
Mar 31, 2017
 
Dec 31, 2016
Identifiable assets
 
 
 
Metals Segment
$
136,303,000

 
$
109,689,000

Specialty Chemicals Segment
24,854,000

 
22,908,000

Corporate
3,705,000

 
6,041,000

 
$
164,862,000

 
$
138,638,000