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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from (used for) operating activities:      
Net income $ 2,277 $ 24,970 $ 2,132
Adjustments to reconcile net income to net cash from operating activities -      
Depreciation and amortization 22,156 16,730 13,872
Purchase price inventory adjustment   1,153  
Goodwill impairment 6,583    
Asset impairment of joint venture real estate 36 953  
(Gain) loss on disposition of property and equipment (198) 121 51
Stock-based compensation 1,951 806 627
Other long-term assets (1,619) 840 (1,200)
Other long-term liabilities 1,251 3,235 (7,142)
Long-term deferred income taxes (1,358) 8,582 4,500
31,079 57,390 12,840
Changes in working capital:      
Accounts receivable 9,738 (17,342) (31,590)
Inventories (12,258) (26,064) (88,943)
Income taxes receivable and deferred 3,062 2,088 33,763
Prepaid expenses and other (1,717) 216 (966)
Accounts payable (2,828) 8,671 26,612
Change in outstanding checks (126) 4,034 2,866
Accrued payroll and other accrued liabilities 400 (13,153) 6,634
(3,729) (41,550) (51,624)
Net cash from (used for) operating activities 27,350 15,840 (38,784)
Cash flows from (used for) investing activities:      
Acquisition of Chicago Tube and Iron, net of cash acquired   (148,759)  
Capital expenditures (23,373) (39,487) (17,846)
Proceeds from disposition of property and equipment 486 29 77
Proceeds from assets held for sale   1,887  
Net cash used for investing activities (22,887) (186,330) (17,769)
Cash flows from (used for) financing activities:      
Credit facility revolver borrowings 535,360 576,474 323,094
Credit facility revolver repayments (528,190) (461,304) (267,859)
Principal payments under capital lease obligations (170) (65)  
Term loan borrowings   70,000  
Term loan repayments (8,749) (3,646)  
Industrial revenue bond repayments (755)    
Credit facility fees and expenses (1,212) (4,220) (1,647)
Proceeds from exercise of stock options (including tax benefits) and employee stock purchases 505 34 137
Dividends paid (873) (872) (870)
Net cash from (used for) financing activities (4,084) 176,401 52,855
Cash and cash equivalents:      
Net change 379 5,911 (3,698)
Beginning balance 7,403 1,492 5,190
Ending balance $ 7,782 $ 7,403 $ 1,492