Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 447

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 2
Chunk 447
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 obligations as of December 31, 2024. We believe that funds available under our ABL Credit Facility, together with funds generated from operations, will be sufficient to provide us with the liquidity necessary to satisfy these obligations in the short term over the next 12 months and also in the long term beyond the next 12 months.

      Contractual and Other Obligations 

      Less than 

      More than 

      (amounts in thousands) 

      Total 

      1 year 

      1-3 years 

      3-5 years 

      5 years 

      Long-term debt obligations 
      
      (a) 

     272,456

     $
     -

     $
     272,456

     $
     -

     $
     -

      Interest obligations 
      
      (b) 

     22,950

     15,697

     7,253

     -

     -

      Finance lease obligations 
      
      (c) 

     2,821

     976

     1,313

     524

     8

      Unrecognized tax positions 
      
      (d) 

     293

     111

     182

     -

     -

      Other long-term liabilities 
      
      (e) 

     22,857

     3,944

     11,432

     5,253

     2,228

      Total contractual and other obligations 

     $
     321,377

     $
     20,728

     $
     292,636

     $
     5,777

     $
     2,236

      (a)  
      See Note 9 to the Consolidated Financial Statements.  

      (b)  
      Future interest obligations are calculated using the debt balances and interest rates in effect on December 31, 2024. 

      (c)  
      See Note 8 to the Consolidated Financial Statements.   

      (d)  
      See Note 14 to the Consolidated Financial Statements.  Classification is based on expected settlement dates and the expiration of certain statutes of limitations. 

      (e)  
      Consists of retirement liabilities, long-term cash incentives and deferred compensation payable in future years. 

Off-Balance Sheet Arrangements

An off-balance sheet arrangement is any contractual arrangement involving an unconsolidated entity under which a company