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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from (used for) operating activities:      
Net income (loss) $ (26,777,000) $ (19,064,000) $ 7,647,000
Adjustments to reconcile net income (loss) to net cash from operating activities -      
Depreciation and amortization 19,873,000 21,840,000 23,582,000
Goodwill and intangible asset impairment 24,951,000 [1] 23,836,000 [1] 0
Loss on disposition of property and equipment 15,000 248,000 169,000
Stock-based compensation 1,759,000 2,074,000 1,724,000
Other long-term assets (48,000) 386,000 3,771,000
Other long-term liabilities 7,504,000 3,134,000 204,000
12,365,000 25,414,000 29,147,000
Changes in working capital:      
Accounts receivable 30,927,000 (8,516,000) (2,447,000)
Inventories 104,463,000 (24,737,000) 3,652,000
Prepaid expenses and other 13,808,000 (7,648,000) (1,055,000)
Accounts payable (21,923,000) (24,090,000) 9,282,000
Change in outstanding checks (13,644,000) (10,670,000) 15,259,000
Accrued payroll and other accrued liabilities (18,511,000) 10,663,000 843,000
95,120,000 (64,998,000) 25,534,000
Net cash from (used for) operating activities 107,485,000 (39,584,000) 54,681,000
Cash flows from (used for) investing activities:      
Capital expenditures (7,317,000) (7,834,000) (16,098,000)
Proceeds from disposition of property and equipment 3,000 68,000 20,000
Net cash used for investing activities (7,314,000) (7,766,000) (16,078,000)
Cash flows from (used for) financing activities:      
Credit facility revolver borrowings 311,372,000 632,726,000 423,232,000
Credit facility revolver repayments $ (409,662,000) $ (534,711,000) (454,732,000)
Principal payments under capital lease obligations (1,407,000)
Term loan repayments $ 0 $ (48,854,000) (8,750,000)
Industrial revenue bond repayments (840,000) (810,000) (785,000)
Credit facility fees and expenses (127,000) (1,218,000) (3,000)
Proceeds from exercise of stock options (including tax benefits) and employee stock purchases 30,000 $ 147,000 $ 122,000
Repurchase of common stock (699,000)
Dividends paid (879,000) $ (878,000) $ (876,000)
Net cash from (used for) financing activities (100,805,000) 46,402,000 (43,199,000)
Cash and cash equivalents:      
Net change (634,000) (948,000) (4,596,000)
Beginning balance 2,238,000 3,186,000 7,782,000
Ending balance 1,604,000 2,238,000 3,186,000
Cash paid during the period      
Interest paid 5,083,000 5,793,000 5,537,000
Income taxes paid $ 565,000 $ 4,658,000 $ 7,556,000
[1] $24,451 of the goodwill and intangible asset impairment in 2015 related to the tubular and pipe products segment, $500 related to the specialty metals flat products segment. The goodwill impairment in 2014 related to the tubular and pipe products segment.