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Basis of Presentation and Significant Accounting Policies - (Tables)
12 Months Ended
Dec. 31, 2012
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Allowance for doubtful accounts activity
Accounts receivable allowance activity is presented in the table below:
 
2012
 
2011
 
2010
Balance, beginning of year
$
3,584

 
$
3,848

 
$
4,195

Add Provision charged to expense
1,420

 
523

 
777

Recoveries
90

 
140

 
186

Other

 
157

 

Less Charges against allowance
(1,565
)
 
(1,084
)
 
(1,310
)
Balance, end of year
$
3,529

 
$
3,584

 
$
3,848

Non-cash investing financing activities and supplemental cash flow information
Non-cash investing and financing activities and supplemental disclosures of consolidated cash flow information are as follows:
 
Year Ended December 31,
 
2012
 
2011
 
2010
Non-cash investing and financing activities:
 
 
 
 
 
Capital expenditures financed by accounts payable
$
479

 
$
1,123

 
$
100

Capital lease obligations
1,009

 

 

Deferred debt origination fees

 
886

 

Additional purchase price paid in 2012 for Tube Supply acquisition

 
6,472

 

Cash paid during the year for:
 
 
 
 
 
Interest
34,051

 
7,234

 
4,392

Income taxes
5,557

 
9,555

 
1,631

Cash received during the year for:
 
 
 
 
 
Income tax refunds
3,184

 
6,724

 
4,430

Estimated useful lives of plant and equipment
The Company provides for depreciation of plant and equipment sufficient to amortize the cost over their estimated useful lives as follows:
Buildings and building improvements
3 – 40 years
Plant equipment
3 – 25 years
Furniture and fixtures
2 – 10 years
Vehicles and office equipment
3 – 7 years
Basic and diluted earnings per share calculations
The following table is a reconciliation of the basic and diluted earnings per share calculations:
 
2012
 
2011
 
2010
Numerator:
 
 
 
 
 
Net loss
$
(9,748
)
 
$
(1,760
)
 
$
(5,640
)
Denominator:
 
 
 
 
 
Denominator for basic loss per share:
 
 
 
 
 
Weighted average common shares outstanding
22,993

 
22,983

 
22,708

Effect of dilutive securities:
 
 
 
 
 
Outstanding common stock equivalents

 

 

Denominator for diluted loss per share
22,993

 
22,983

 
22,708

Basic loss per share
$
(0.42
)
 
$
(0.08
)
 
$
(0.25
)
Diluted loss per share
$
(0.42
)
 
$
(0.08
)
 
$
(0.25
)
Excluded outstanding share-based awards having an anti-dilutive effect
994

 
757

 
471