Company: ZEUS
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001437749-25-024377
Chunk: 19

Company: OLYMPIC STEEL INC
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 8
Chunk 19
---

       17

   The following tables provide financial information frequently shared with our CODM for the Company's reportable segments for the three and six months ended  June 30, 2025 and 2024, respectively.

       For the Three Months Ended June 30, 2025  
   Specialty metals flat products    Carbon flat products    Tubular and pipe products    Other    Total  
 (in thousands)                     
 Net sales  $134,706  $282,543  $79,234  $-  $496,483 
 Cost of materials sold   110,761   209,612   54,306   -   374,679 
 Operating expenses   18,063   60,386   18,974   4,793   102,216 
 Depreciation   750   4,066   1,725   18   6,559 
 Amortization   206   1,086   364   -   1,656 
 Operating income  $4,926  $7,393  $3,865  $(4,811) $11,373 
 Other loss, net                   27 
 Interest and other expense on debt                   3,956 
 Income before income taxes                  $7,390 

       For the Six Months Ended June 30, 2025  
   Specialty metals flat products    Carbon flat products    Tubular and pipe products    Other    Total  
 (in thousands)                     
 Net sales  $264,244  $568,783  $156,397  $-  $989,424 
 Cost of materials sold   219,561   424,951   104,667   -   749,179 
 Operating expenses   35,218   120,372   39,394   9,583   204,567 
 Depreciation   1,486   8,074   3,446   35   13,041 
 Amortization   423   2,168   880   -   3,471 
 Operating income  $7,556  $13,218  $8,010