Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 715

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 6
Chunk 715
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 12,261 
 Total current assets   580,591   603,169 
 Property and equipment, at cost   519,702   483,448 
 Accumulated depreciation   (315,866)  (297,340)
 Net property and equipment   203,836   186,108 
 Goodwill   83,818   52,091 
 Intangible assets, net   118,111   92,621 
 Other long-term assets   21,204   16,466 
 Right-of use assets, net   36,936   34,380 
 Total assets  $1,044,496  $984,835 
         
 Liabilities         
 Accounts payable  $80,743  $119,718 
 Accrued payroll   24,184   30,113 
 Other accrued liabilities   21,846   22,593 
 Current portion of lease liabilities   5,865   7,813 
 Total current liabilities   132,638   180,237 
 Credit facility revolver   272,456   190,198 
 Other long-term liabilities   22,484   20,151 
 Deferred income taxes   11,049   11,510 
 Lease liabilities   31,945   27,261 
 Total liabilities   470,572   429,357 
         
 Commitments and contingencies (Note 14)           
         
 Shareholders' Equity         
 Preferred stock, without par value, 5,000 shares authorized, no shares issued or outstanding   -   - 
 Common stock, without par value, 20,000 shares authorized; 11,136 and 11,133 issued; 11,136 and 11,133 shares outstanding   138,538   136,541 
 Accumulated other comprehensive income   190   41 
 Retained earnings   435,196   418,896 
 Total shareholders' equity   573,924   555,478 
 Total liabilities and shareholders' equity  $1,044,496  $984,835 

The accompanying notes are an integral part of these consolidated statements.

     49

Olympic Steel, Inc.

Consolidated Statements of Cash Flows

For The Years Ended December 31,

(in thousands)

      2024    2023