Company: ZEUS
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0001437749-25-004742
Chunk: 202

Company: OLYMPIC STEEL INC
Filing Date: 2025-02-21
Form: 10-K
Item: Item 1
Chunk 202
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     72

   The following tables provide financial information frequently shared with our CODM for the Company's reportable segments for the years ended  December 31, 2024, 2023 and 2022.

       For the Year Ended December 31, 2024  
   Specialty metals flat products    Carbon flat products    Tubular and pipe products    Other    Total  
 (in thousands)                     
 Net sales  $496,854  $1,109,100  $335,718  $-  $1,941,672 
 Cost of materials sold   406,229   864,590   219,672   -   1,490,491 
 Operating expenses   66,978   210,666   78,525   17,023   373,192 
 Depreciation   2,863   14,679   6,936   70   24,548 
 Amortization   1,056   2,750   1,776   -   5,582 
 Operating income  $19,728  $16,415  $28,809  $(17,093) $47,859 
 Other loss, net                   93 
 Interest and other expense on debt                   16,461 
 Income before income taxes                  $31,305 
                     
  For the Year Ended December 31, 2023 
  Specialty metals flat products  Carbon flat products  Tubular and pipe products  Other  Total 
 (in thousands)                     
 Net sales  $567,728  $1,221,093  $369,342  $-  $2,158,163 
 Cost of materials sold   473,784   963,667   247,212   -   1,684,663 
 Operating expenses   67,131   208,082   73,756   20,417   369,386 
 Depreciation   2,868   12,147   6,460   70   21,545 
 Amortization   1,061   2,615   1,222   -