Company Information

  

Address: 5096 RICHMOND RD  
City: BEDFORD HEIGHTS 
State: OH 
Zip Code: 44146 
Telephone: 216-292-3800 

Description of Business

Primary SIC Code: 5051
(As filed with the SEC)  

We are a leading metals service center that operates in three reportable segments; carbon flat products, specialty metals flat products, and tubular and pipe products. We provide metals processing and distribution services for a wide range of customers. The focus of our carbon flat products segment is on the direct sale and distribution of large volumes of processed carbon and coated flat-rolled sheet, coil and plate products and fabricated parts. Our specialty metals flat products segment's focus is on the direct sale and distribution of processed aluminum and stainless flat-rolled sheet and coil products, flat bar products and fabricated parts. In addition, through our tubular and pipe products segment, we distribute metal tubing, pipe, bar, valves and fittings and fabricate pressure parts supplied to various industrial markets. Products that require more value-added processing generally have a higher gross profit.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.660.02012.36
12/20171.670.02012.87
09/20171.110.02019.82
06/20170.750.02025.97
03/20170.650.02028.55
12/2016-0.100.020N/E
09/2016-0.350.020N/E
06/2016-0.250.020N/E

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.15Total Liab/Total Assets0.55
Net Inc/Total Assets0.03Total Liab/Inv Cap0.67
Net Inc/Inv Cap0.04Total Liab/Comm Equity2.57
Pretax Inc/Net Sales0.01Interest Coverage Ratio3.17
Net Inc/Net Sales0.01Curr Debt/Equity0.00
Cash Flow/Net Sales-0.01LTD/Equity0.72
SG&A/NetSales0.17Total Debt/Equity0.72
Asset Utilization   Liquidity  
Net Receivables Turnover11.34Quick Ratio1.30
Inventory Turnover4.02Current Ratio3.78
Inventory Day Sales0.01Net Rec/Curr Assets0.32
Net Sales/Work Cap4.31Inv/Curr Assets0.66
Net Sales/PP&E9.01  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 375.60 308.17 331.44 356.20
Cost of Goods Sold 297.33 250.58 267.50 285.23
Selling & Admin Exps 61.68 55.28 54.55 56.79
Operating Income 12.35 -1.98 5.29 9.63
Interest Exp 1.99 2.14 1.97 1.79
Pretax Income 10.31 -4.16 3.30 7.82
Other Income -0.05 -0.04 -0.02 -0.03
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 7.63 4.19 2.28 4.80

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 3.41 3.01 4.16 4.13
Receivables - Total 174.81 132.74 150.69 158.20
Inventories - Total 319.02 275.31 280.22 262.74
Total Current Assets 503.70 420.14 441.43 432.26
Net Property, Plant & Equipment 151.31 147.65 148.10 150.67
Total Assets 690.88 604.16 624.90 618.21
Liabilities        
Accounts Payable 136.87 110.22 103.44 107.78
Debt in Current Liabilities 0.00 0.93 0.93 0.93
Total Current Liabilities 136.87 111.15 104.37 108.71
Long-Term Debt 248.96 196.24 220.41 210.73
Total Liabilities 409.86 331.58 356.44 351.95
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock 0.00 0.00 0.00 0.00
Common Stock 130.38 129.45 129.49 129.39
Retained Earnings 150.88 143.47 139.50 137.44
Treasury Stock -0.24 -0.34 -0.53 -0.57
Total Stockholders' Equity 281.02 272.58 268.46 266.26
Total Liabilities and Stockholders' Equity 690.88 604.16 624.90 618.21

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities -43.46 27.60 -8.16 -12.79
Net Cash Provided by Investing Activities -7.69 -3.51 -1.27 -2.40
Net Cash Provided by Financing Activities 51.55 -25.24 9.46 16.52

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20131,263.337.650.69
12/20141,436.27-19.06-1.71
12/20151,175.54-26.78-2.39
12/20161,055.12-1.08-0.10
12/20171,330.7018.961.67
Growth Rates1.31----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/181207,09564.52




Report Date : 7/10/2018

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