The company’s segment results for the three- and six-month periods ended June 30, 2016, and 2015, each adjusted consistent with our current reportable segments presentation, are as follows (in thousands):

For the three months ended			Metals Recycling		Steel Fabrication
June 30, 2016	Steel Operations		Operations		Operations		Other			Eliminations			Consolidated

Net Sales
External	$	1,408,993	$	271,985	$	170,477	$	75,450		$	—		$	1,926,905
External Non-U.S.	57,711		39,075		65		146			—			96,997
Other segments	66,594		279,664		1,178		1,269			(348,705		)	—

	1,533,298		590,724		171,720		76,865			(348,705		)	2,023,902

Operating income (loss)	273,111		11,093		23,470		(45,569		)(1)	(5,983		)(2)	256,122
Income (loss) before income taxes	250,683		8,086		21,514		(53,006		)	(5,983		)	221,294
Depreciation and amortization	53,675		14,250		2,762		4,160			(52		)	74,795
Capital expenditures	30,098		4,482		567		539			—			35,686

As of June 30, 2016
Assets	$	3,992,230	$	1,076,596	$	334,530	$	1,348,290	(3)	$	(121,970	)(4)	$	6,629,676

Footnotes related to the three months ended June 30, 2016 segment results (in millions):

(1)	Corporate SG&A	$	(14.8	)
	Company-wide equity-based compensation	(7.3		)
	Profit sharing	(18.5		)
	Minnesota ironmaking operations	(4.0		)
	Other, net	(1.0		)

		$	(45.6	)


(2)	Gross profit decrease from intra-company sales	$	(6.0	)


(3)	Cash and equivalents	$	954.8
	Accounts receivable	21.0
	Inventories	33.2
	Property, plant and equipment, net	299.2
	Intra-company debt	6.3
	Other	33.8

		$	1,348.3


(4)	Elimination of intra-company receivables	$	(103.1	)
	Elimination of intra-company debt	(6.3		)
	Other	(12.6		)

		$	(122.0	)

For the three months ended			Metals Recycling		Steel Fabrication
June 30, 2015	Steel Operations		Operations		Operations		Other			Eliminations			Consolidated

Net Sales
External	$	1,303,278	$	346,103	$	154,513	$	83,467		$	—		$	1,887,361
External Non-U.S.	72,399		45,108		—		139			—			117,646
Other segments	53,560		254,238		12		6,702			(314,512		)	—

	1,429,237		645,449		154,525		90,308			(314,512		)	2,005,007

Operating income (loss)	99,013		8,282		27,660		(52,970		)(1)	(4,426		)(2)	77,559
Income (loss) before income taxes	77,290		4,723		25,879		(61,858		)	(4,426		)	41,608
Depreciation and amortization	51,242		17,014		2,158		3,910			(51		)	74,273
Capital expenditures	14,149		4,632		534		3,506			—			22,821

As of June 30, 2015
Assets	$	4,127,487	$	1,666,384	$	295,642	$	869,929	(3)	$	(132,679	)(4)	$	6,826,763

Footnotes related to the three months ended June 30, 2015 segment results (in millions):

(1)	Corporate SG&A	$	(8.1	)
	Company-wide equity-based compensation	(6.3		)
	Profit sharing	(3.5		)
	Minnesota ironmaking operations	(33.2		)
	Other, net	(1.9		)

		$	(53.0	)


(2)	Gross profit decrease from intra-company sales	$	(4.4	)


(3)	Cash and equivalents	$	356.9
	Accounts receivable	29.0
	Inventories	48.3
	Property, plant and equipment, net	315.7
	Intra-company debt	6.6
	Other	113.4

		$	869.9


(4)	Elimination of intra-company receivables	$	(117.1	)
	Elimination of intra-company debt	(6.6		)
	Other	(9.0		)

		$	(132.7	)

For the six months ended			Metals Recycling		Steel Fabrication
June 30, 2016	Steel Operations		Operations		Operations		Other			Eliminations			Consolidated

Net Sales
External	$	2,565,962	$	508,742	$	350,518	$	150,076		$	—		$	3,575,298
External Non-U.S.	117,918		71,725		79		183			—			189,905
Other segments	107,806		497,442		1,204		2,495			(608,947		)	—

	2,791,686		1,077,909		351,801		152,754			(608,947		)	3,765,203

Operating income (loss)	405,386		13,860		55,486		(77,499		)(1)	(9,146		)(2)	388,087
Income (loss) before income taxes	360,058		7,863		51,530		(92,297		)	(9,146		)	318,008
Depreciation and amortization	106,158		28,830		5,583		8,312			(103		)	148,780
Capital expenditures	54,002		7,562		1,171		659			—			63,394

Footnotes related to the six months ended June 30, 2016 segment results (in millions):

(1)	Corporate SG&A	$	(25.9	)
	Company-wide equity-based compensation	(14.3		)
	Profit sharing	(26.7		)
	Minnesota ironmaking operations	(8.3		)
	Other, net	(2.3		)

		$	(77.5	)


(2)	Gross profit decrease from intra-company sales	$	(9.1	)

For the six months ended			Metals Recycling			Steel Fabrication
June 30, 2015	Steel Operations		Operations			Operations		Other			Eliminations			Consolidated

Net Sales
External	$	2,616,704	$	720,395		$	315,537	$	158,699		$	—		$	3,811,335
External Non-U.S.	144,392		96,411			—		304			—			241,107
Other segments	102,463		480,654			16		24,905			(608,038		)	—

	2,863,559		1,297,460			315,553		183,908			(608,038		)	4,052,442

Operating income (loss)	213,978		3,784			49,021		(88,872		)(1)	(581		)(2)	177,330
Income (loss) before income taxes	166,621		(5,813		)	45,473		(123,600		)	(581		)	82,100
Depreciation and amortization	102,212		34,294			4,388		6,303			(102		)	147,095
Capital expenditures	30,349		11,047			1,571		13,205			—			56,172

Footnotes related to the six months ended June 30, 2015 segment results (in millions):

(1)	Corporate SG&A	$	(17.5	)
	Company-wide equity-based compensation	(12.2		)
	Profit sharing	(7.0		)
	Minnesota ironmaking operations	(46.1		)
	Other, net	(6.1		)

		$	(88.9	)


(2)	Gross profit decrease from intra-company sales	$	(0.6	)