Note 7 - Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	Value of Items Recorded at Fair Value As of September 30, 2013
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Embedded customer derivatives (Nickel swaps)	$	-	$	743	$	-	$	743
Total assets at fair value	$	-	$	743	$	-	$	743
Liabilities:
Nickel swaps	$	-	$	798	$	-	$	798
Interest rate swap (CTI)		-		312		-		312
Fixed interest rate swap (ABL)		-		794		-		794
Total liabilities at fair value	$	-	$	1,904	$	-	$	1,904

	Value of Items Recorded at Fair Value As of December 31, 2012
(in thousands)	Level 1		Level 2		Level 3		Total
Assets:
Embedded customer derivatives (Nickel swaps)	$	-	$	113	$	-	$	113
Total assets recorded at fair value	$	-	$	113	$	-	$	113
Liabilities:
Nickel swaps	$	-	$	168	$	-	$	168
Interest rate swap (CTI)		-		446		-		446
Fixed interest rate swap (ABL)		-		941		-		941
Total liabilities recorded at fair value	$	-	$	1,555	$	-	$	1,555

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Value of Items Not Recorded at Fair Value As of September 30, 2013
(in thousands)	Level 1		Level 2		Level 3		Total
Liabilities:
IRB	$	4,340	$	-	$	-	$	4,340
Term loan		-		51,042		-		51,042
Revolver		-		145,745		-		145,745
Total liabilities not recorded at fair value	$	4,340	$	196,787	$	-	$	201,127

	Value of Items Not Recorded at Fair Value As of December 31, 2012
(in thousands)	Level 1		Level 2		Level 3		Total
Liabilities:
IRB	$	5,125	$	-	$	-	$	5,125
Term loan		-		57,604		-		57,604
Revolver		-		177,575		-		177,575
Total liabilities not recorded at fair value	$	5,125	$	235,179	$	-	$	240,304