| Segment Information |
|
|
|
|
|
|
|
|
|
|
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 |
|
|