Quarterly report pursuant to Section 13 or 15(d)

Revenue Recognition (Tables)

v3.23.3
Revenue Recognition (Tables)
 9 Months Ended
Sep. 30, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregation of Revenue by Product Group
The following table presents the Company's revenues, disaggregated by product group from continuing operations:
Three Months Ended September 30, Nine Months Ended September 30,
(in thousands) 2023 2022 2023 2022
Fiberglass and steel liquid storage tanks and separation equipment $ —  $ 287  $ 50  $ 401 
Heavy wall seamless carbon steel pipe and tube 9,366  12,284  32,052  36,782 
Stainless steel pipe and tube 26,695  38,322  86,931  125,277 
Specialty chemicals 20,052  27,328  65,164  84,070 
Net sales $ 56,113  $ 78,221  $ 184,197  $ 246,530 
Schedule of Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction The following table represents the Company's revenue recognized at a point-in-time and over-time:
Three Months Ended September 30, Nine Months Ended September 30,
(in thousands) 2023 2022 2023 2022
Point-in-time $ 51,403  $ 71,616  $ 170,037  $ 225,237 
Over-time $ 4,710  $ 6,605  $ 14,160  $ 21,293