Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 654

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 4
Chunk 654
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     (in thousands)   2024    2023    2022  
 Operating lease cost  $8,106  $9,008  $7,446 
 Finance lease cost             
 Amortization   992   1,056   720 
 Interest on lease liabilities   156   157   67 
  $1,148  $1,213  $787 

   Supplemental cash flow information related to leases was as follows for the years ended  December 31, 2024, 2023 and 2022:

     (in thousands)   2024    2023    2022  
             
 Cash paid for amounts included in the measurement of lease liabilities:             
 Operating cash flows from operating leases  $7,705  $8,901  $7,268 
 Operating cash flows from finance leases   156   157   67 
 Financing cash flows from finance leases   990   1,039   703 
 Total cash paid for amounts included in the measurement of lease liabilities  $8,851  $10,097  $8,038 

   Supplemental balance sheet information related to leases was as follows:

     (in thousands)   2024    2023  
         
 Operating leases         
 Operating lease  $54,337  $56,117 
 Operating lease accumulated amortization   (17,401)  (21,737)
 Operating lease right of use asset, net  $36,936  $34,380 
         
 Operating lease current liabilities   5,865   7,813 
 Operating lease liabilities   31,945   27,261 
  $37,810  $35,074 

     (in thousands)   2024    2023  
 Finance leases         
 Finance lease  $4,812  $5,686 
 Finance lease accumulated depreciation   (2,354)  (2,615)
 Finance lease right of use asset, net  $2,458  $3,071 
         
 Finance lease current liabilities   853   1,087 
 Finance lease liabilities   1,697   2,106 
  $2,550  $3,