Segment Information

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Segment Information

Note 14: Segment Information

We have one operating and reportable segment, metals service centers.

The Company derives substantially all of its sales from the distribution of metals. See Note 17: Revenue Recognition for the Company’s percentage of sales by major product line.

No customer, including their subcontractors, accounted for more than 6 percent of Company sales for the years ended December 31, 2021, 2020, and 2019. The top ten customers accounted for less than 15 percent of our sales for the years ended December 31, 2021, 2020, and 2019. A significant majority of the Company’s sales are attributable to its U.S. operations and a significant majority of its long-lived assets are located in the United States. The only operations attributed to foreign countries relate to the Company’s subsidiaries in Canada, China, and Mexico.

The following tables summarize consolidated financial information of our operations by geographic location based on where sales originated or where the assets are held:

	Year Ended December 31,
Net Sales	2021				2020				2019
	(Dollars in millions)
United States	$	5,123.7	90	%	$	3,089.7	89	%	$	4,076.8	91	%
Foreign countries		551.6	10	%		376.9	11	%		424.8	9	%
Total	$	5,675.3	100	%	$	3,466.6	100	%	$	4,501.6	100	%

	At December 31,
Long-Lived Assets	2021				2020				2019
	(Dollars in millions)
United States	$	557.8	93	%	$	485.1	92	%	$	519.1	91	%
Foreign countries		41.6	7	%		45.0	8	%		48.8	9	%
Total	$	599.4	100	%	$	530.1	100	%	$	567.9	100	%