Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 319

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1A
Chunk 319
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 Ended December 31, 2022 
  Specialty metals flat products  Carbon flat products  Tubular and pipe products  Other  Total 
 (in thousands)                     
 Net sales  $776,022  $1,356,605  $427,363  $-  $2,559,990 
 Cost of materials sold   589,472   1,164,459   319,999   -   2,073,930 
 Operating expenses   88,828   156,436   67,595   19,716   332,575 
 Depreciation   2,991   10,298   3,926   70   17,285 
 Amortization   1,069   397   987   -   2,453 
 Operating income  $93,662  $25,015  $34,856  $(19,786) $133,747 
 Other loss, net                   45 
 Interest and other expense on debt                   10,080 
 Income before income taxes                  $123,622 

       For the Year Ended December 31,  
 (in thousands)   2024    2023    2022  
 Capital expenditures             
 Flat products  $26,562  $14,306  $15,299 
 Tubular and pipe products   2,925   7,020   4,555 
 Corporate   -   -   - 
 Total capital expenditures  $29,487  $21,326  $19,854 
             
 Assets             
 Flat products  $695,880  $649,744  $631,607 
 Tubular and pipe products   347,469   333,677   258,412 
 Corporate   1,147   1,414   1,608 
 Total assets  $1,044,496  $984,835  $891,627 

   There were no material revenue transactions between the carbon flat products, specialty metals flat products and tubular and pipe products segments for the years ended  December 31, 2024, 2023 and 2022.