2019 Q1 Form 10-K Financial Statement
#000143774920014128 Filed on June 29, 2020
Income Statement
| Concept | 2019 Q1 | 2019 | 2018 Q4 |
|---|---|---|---|
| Revenue | $42.20M | $187.2M | $43.33M |
| YoY Change | -4.0% | 54.47% | 54.55% |
| Cost Of Revenue | $41.36M | $174.2M | $41.40M |
| YoY Change | 6.66% | 56.69% | 57.34% |
| Gross Profit | $839.5K | $12.91M | $1.930M |
| YoY Change | -83.8% | 29.73% | 11.94% |
| Gross Profit Margin | 1.99% | 6.9% | 4.46% |
| Selling, General & Admin | $946.2K | $4.783M | $1.054M |
| YoY Change | -22.44% | 14.37% | 5.49% |
| % of Gross Profit | 112.71% | 37.05% | 54.6% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $267.7K | $1.340M | $352.8K |
| YoY Change | -25.64% | -1.17% | -2.0% |
| % of Gross Profit | 31.89% | 10.39% | 18.27% |
| Operating Expenses | $946.2K | $4.783M | $1.054M |
| YoY Change | -22.44% | 14.37% | 5.49% |
| Operating Profit | -$106.7K | $6.383M | $876.4K |
| YoY Change | -102.69% | 11.22% | 20.83% |
| Interest Expense | $365.2K | $17.55K | $1.792K |
| YoY Change | -3751.8% | -36.99% | -78.8% |
| % of Operating Profit | 0.27% | 0.2% | |
| Other Income/Expense, Net | $400.0K | $400.0K | $0.00 |
| YoY Change | |||
| Pretax Income | -$1.465M | $6.824M | $880.9K |
| YoY Change | -137.09% | 18.38% | 22.13% |
| Income Tax | -$299.4K | $1.724M | $216.1K |
| % Of Pretax Income | 25.26% | 24.53% | |
| Net Earnings | -$1.166M | $5.100M | $664.8K |
| YoY Change | -138.69% | 29.63% | 312.21% |
| Net Earnings / Revenue | -2.76% | 2.72% | 1.53% |
| Basic Earnings Per Share | -$0.17 | $0.73 | $0.09 |
| Diluted Earnings Per Share | -$0.17 | $0.73 | $0.09 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 7.010M | 7.009M | |
| Diluted Shares Outstanding | 7.010M | 7.009M |
Balance Sheet
| Concept | 2019 Q1 | 2019 | 2018 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $11.67M | $11.67M | $2.575M |
| YoY Change | 188.08% | 187.89% | 21.48% |
| Cash & Equivalents | $11.67M | $2.575M | |
| Short-Term Investments | |||
| Other Short-Term Assets | $543.5K | $543.6K | $684.2K |
| YoY Change | 0.0% | 26.67% | 79.79% |
| Inventory | $49.06M | $49.06M | $59.42M |
| Prepaid Expenses | |||
| Receivables | $13.18M | $13.18M | $17.21M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $74.46M | $74.46M | $79.88M |
| YoY Change | 0.0% | 10.68% | 42.75% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $11.91M | $11.91M | $13.74M |
| YoY Change | 0.0% | -15.93% | -4.92% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $235.8K | $235.8K | $236.7K |
| YoY Change | 7.19% | 8.22% | -64.67% |
| Total Long-Term Assets | $12.15M | $12.15M | $13.98M |
| YoY Change | 0.0% | -15.56% | -12.58% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $74.46M | $74.46M | $79.88M |
| Total Long-Term Assets | $12.15M | $12.15M | $13.98M |
| Total Assets | $86.60M | $86.60M | $93.86M |
| YoY Change | 0.0% | 6.06% | 30.46% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $11.58M | $11.58M | $16.73M |
| YoY Change | 13.17% | 13.14% | 154.22% |
| Accrued Expenses | $347.6K | $347.6K | $534.1K |
| YoY Change | -47.34% | -47.1% | 30.26% |
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $12.36M | $12.36M | $17.86M |
| YoY Change | 0.0% | 12.1% | 65.2% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $210.3K | $197.4K | |
| YoY Change | 20.11% | 16.09% | |
| Total Long-Term Liabilities | $0.00 | $210.3K | $197.4K |
| YoY Change | 20.11% | 16.09% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $12.36M | $12.36M | $17.86M |
| Total Long-Term Liabilities | $0.00 | $210.3K | $197.4K |
| Total Liabilities | $14.12M | $14.12M | $19.85M |
| YoY Change | 0.0% | 7.97% | 80.81% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | $40.48M | $41.93M | |
| YoY Change | 0.0% | 43.71% | |
| Common Stock | $37.53M | $37.56M | |
| YoY Change | 0.0% | 0.78% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $5.526M | $5.476M | |
| YoY Change | 0.0% | 0.0% | |
| Treasury Stock Shares | $1.226M | $1.176M | |
| Shareholders Equity | $72.48M | $72.48M | $74.01M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $86.60M | $86.60M | $93.86M |
| YoY Change | 0.0% | 6.06% | 30.46% |
Cashflow Statement
| Concept | 2019 Q1 | 2019 | 2018 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$1.166M | $5.100M | $664.8K |
| YoY Change | -138.69% | 29.63% | 312.21% |
| Depreciation, Depletion And Amortization | $267.7K | $1.340M | $352.8K |
| YoY Change | -25.64% | -1.17% | -2.0% |
| Cash From Operating Activities | $9.672M | $9.632M | -$229.8K |
| YoY Change | 65.61% | 196.8% | -95.07% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$160.3K | $808.0K | -$437.7K |
| YoY Change | 129.01% | 131.39% | 337.68% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $910.00 | -$17.92K | -$8.830K |
| YoY Change | -109.1% | -28.03% | |
| Cash From Investing Activities | -$159.4K | -$825.9K | -$446.5K |
| YoY Change | 99.25% | 120.78% | 346.51% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -420.6K | -1.192M | -421.0K |
| YoY Change | -88.99% | 325.0% | -111.44% |
| NET CHANGE | |||
| Cash From Operating Activities | 9.672M | 9.632M | -229.8K |
| Cash From Investing Activities | -159.4K | -825.9K | -446.5K |
| Cash From Financing Activities | -420.6K | -1.192M | -421.0K |
| Net Change In Cash | 9.092M | 7.615M | -1.097M |
| YoY Change | 368.65% | 193.9% | 1.6% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | $9.672M | $9.632M | -$229.8K |
| Capital Expenditures | -$160.3K | $808.0K | -$437.7K |
| Free Cash Flow | $9.832M | $8.824M | $207.9K |
| YoY Change | 66.36% | 204.68% | -104.56% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2020 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--03-31 | |
| CY2020 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
| CY2020 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
| CY2020 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-03-31 | |
| CY2020 | dei |
Document Type
DocumentType
|
10-K | |
| CY2020 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000039092 | |
| CY2020Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7080444 | |
| CY2020 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
| CY2020 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
| CY2020 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
| CY2020 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
| CY2019Q3 | dei |
Entity Public Float
EntityPublicFloat
|
44001000 | |
| CY2020 | dei |
Entity Registrant Name
EntityRegistrantName
|
FRIEDMAN INDUSTRIES INC | |
| CY2020 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
| CY2020 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
| CY2020 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2020 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2020 | dei |
Security12b Title
Security12bTitle
|
Common Stock, $1 Par Value | |
| CY2020 | dei |
Trading Symbol
TradingSymbol
|
frd | |
| CY2020Q1 | frd |
Allowance For Doubtful Accounts Receivable And Cash Discounts Current
AllowanceForDoubtfulAccountsReceivableAndCashDiscountsCurrent
|
82417 | |
| CY2019Q1 | frd |
Allowance For Doubtful Accounts Receivable And Cash Discounts Current
AllowanceForDoubtfulAccountsReceivableAndCashDiscountsCurrent
|
29178 | |
| CY2020 | frd |
Cash Discount On Sales
CashDiscountOnSales
|
624413 | |
| CY2019 | frd |
Cash Discount On Sales
CashDiscountOnSales
|
750059 | |
| CY2020 | frd |
Cash Discounts Allowed On Sales And Charged Against Revenue
CashDiscountsAllowedOnSalesAndChargedAgainstRevenue
|
624413 | |
| CY2019 | frd |
Cash Discounts Allowed On Sales And Charged Against Revenue
CashDiscountsAllowedOnSalesAndChargedAgainstRevenue
|
750059 | |
| CY2020Q1 | frd |
Cash Value Of Officers Life Insurance And Other Assets Noncurrent
CashValueOfOfficersLifeInsuranceAndOtherAssetsNoncurrent
|
183350 | |
| CY2019Q1 | frd |
Cash Value Of Officers Life Insurance And Other Assets Noncurrent
CashValueOfOfficersLifeInsuranceAndOtherAssetsNoncurrent
|
235817 | |
| CY2020Q1 | frd |
Deferred Tax Assets Inventory Costs Capitalized
DeferredTaxAssetsInventoryCostsCapitalized
|
85137 | |
| CY2019Q1 | frd |
Deferred Tax Assets Inventory Costs Capitalized
DeferredTaxAssetsInventoryCostsCapitalized
|
106856 | |
| CY2020Q1 | frd |
Deferred Tax Liabilities Lifo To Average Cost Adjustment
DeferredTaxLiabilitiesLIFOToAverageCostAdjustment
|
602220 | |
| CY2019Q1 | frd |
Deferred Tax Liabilities Lifo To Average Cost Adjustment
DeferredTaxLiabilitiesLIFOToAverageCostAdjustment
|
903330 | |
| CY2020 | frd |
Operating Lease Monthly Payments
OperatingLeaseMonthlyPayments
|
4128 | |
| CY2020 | frd |
Scrapping Of Old Assets No Longer Used In Operations
ScrappingOfOldAssetsNoLongerUsedInOperations
|
4721500 | |
| CY2020 | frd |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Expense Benefit Rate Percent
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxExpenseBenefitRatePercent
|
-0.21 | |
| CY2019 | frd |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Expense Benefit Rate Percent
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxExpenseBenefitRatePercent
|
0.21 | |
| CY2020 | frd |
Increase Decrease In Deferred Compensation Cash Based Arrangementsliability
IncreaseDecreaseInDeferredCompensationCashBasedArrangementsliability
|
||
| CY2019 | frd |
Increase Decrease In Deferred Compensation Cash Based Arrangementsliability
IncreaseDecreaseInDeferredCompensationCashBasedArrangementsliability
|
5250 | |
| CY2019Q4 | frd |
Number Of Capital Expenditure Projects
NumberOfCapitalExpenditureProjects
|
2 | |
| CY2020Q1 | frd |
Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
|
520511 | |
| CY2020Q1 | frd |
Operating And Finance Lease Rightofuse Asset
OperatingAndFinanceLeaseRightofuseAsset
|
559347 | |
| CY2020Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
8944614 | |
| CY2019Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
11577664 | |
| CY2020Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
11705344 | |
| CY2019Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
13183411 | |
| CY2020Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
||
| CY2019Q1 | us-gaap |
Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
|
159694 | |
| CY2020Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
29565416 | |
| CY2019Q1 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
29322472 | |
| CY2020Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
67417 | |
| CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2019Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
1 | |
| CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000000 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000000 | |
| CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8295160 | |
| CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
8205160 | |
| CY2020Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
8295160 | |
| CY2019Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
8205160 | |
| CY2020Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
31825401 | |
| CY2019Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
36540591 | |
| CY2019Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
14178 | |
| CY2020 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
0 | |
| CY2019 | us-gaap |
Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
|
7547 | |
| CY2020Q1 | us-gaap |
Assets
Assets
|
77344088 | |
| CY2019Q1 | us-gaap |
Assets
Assets
|
86601982 | |
| CY2020Q1 | us-gaap |
Assets Current
AssetsCurrent
|
65211517 | |
| CY2019Q1 | us-gaap |
Assets Current
AssetsCurrent
|
74456207 | |
| CY2020Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
9008869 | |
| CY2019Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
8821253 | |
| CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17057751 | |
| CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11667161 | |
| CY2018Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4052582 | |
| CY2020 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5390590 | |
| CY2019 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
7614579 | |
| CY2020Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2019Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
||
| CY2020 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:24.5pt;"><div style="display: inline; font-weight: bold;">ECONOMIC RELATIONSHIP:</div> The Company purchases its inventory from a limited number of suppliers. Loss of any of these suppliers could have a material adverse effect on the Company. In <div style="display: inline; font-style: italic; font: inherit;"> March 2020, </div>U.S. Steel announced the idling of their Lone Star Tubular Operations which is our sole supplier of mill reject pipe. At <div style="display: inline; font-style: italic; font: inherit;"> March 31, 2020, </div>we had approximately <div style="display: inline; font-style: italic; font: inherit;">26,500</div> tons of mill reject inventory which we believe to be <div style="display: inline; font-style: italic; font: inherit;">one</div> to <div style="display: inline; font-style: italic; font: inherit;">two</div> years of inventory. Mill reject pipe sales contributed gross profit of approximately <div style="display: inline; font-style: italic; font: inherit;">$1,471,000</div> in fiscal <div style="display: inline; font-style: italic; font: inherit;">2020</div> and <div style="display: inline; font-style: italic; font: inherit;">$1,617,000</div> in fiscal <div style="display: inline; font-style: italic; font: inherit;">2019.</div> We expect the idling to have a negative impact on our operations as we eventually sell out of inventory.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:24.5pt;">Coil segment sales to Trinity Industries, Inc. accounted for approximately <div style="display: inline; font-style: italic; font: inherit;">18%</div> and <div style="display: inline; font-style: italic; font: inherit;">21%</div> of total Company sales in fiscal <div style="display: inline; font-style: italic; font: inherit;">2020</div> and <div style="display: inline; font-style: italic; font: inherit;">2019,</div> respectively. <div style="display: inline; font-style: italic; font: inherit;">No</div> other customers accounted for <div style="display: inline; font-style: italic; font: inherit;">10%</div> or more of total sales in the <div style="display: inline; font-style: italic; font: inherit;">two</div> years ended <div style="display: inline; font-style: italic; font: inherit;"> March </div><div style="display: inline; font-style: italic; font: inherit;">31,</div> <div style="display: inline; font-style: italic; font: inherit;">2020.</div> Loss of Trinity as a customer could have a material adverse effect on the Company’s business.</div> <div style=" font-family: 'Times New Roman', Times, serif; font-size: 10pt; margin-top: 0pt; margin-bottom: 0pt;"> </div> <div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:24.5pt;">The Company’s sales are concentrated primarily in the midwestern, southwestern, and southeastern regions of the United States and are primarily to customers in the steel distributing and fabricating industries. The Company performs periodic credit evaluations of the financial conditions of its customers and generally does <div style="display: inline; font-style: italic; font: inherit;">not</div> require collateral. Generally, receivables are due within <div style="display: inline; font-style: italic; font: inherit;">30</div> days.</div></div></div></div></div> | |
| CY2019 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
2050941 | |
| CY2020 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3468 | |
| CY2019 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
312429 | |
| CY2020Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
128868 | |
| CY2019Q1 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
954569 | |
| CY2020Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
3797364 | |
| CY2019Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
||
| CY2020 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
139491989 | |
| CY2019 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
174247456 | |
| CY2020 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
148959786 | |
| CY2019 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
180771051 | |
| CY2020 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
-408360 | |
| CY2019 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
1738512 | |
| CY2020 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
-404892 | |
| CY2020Q1 | us-gaap |
Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
50250 | |
| CY2019Q1 | us-gaap |
Deferred Compensation Cash Based Arrangements Liability Current
DeferredCompensationCashBasedArrangementsLiabilityCurrent
|
50250 | |
| CY2020 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-971540 | |
| CY2019 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
-312658 | |
| CY2020Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
448665 | |
| CY2019Q1 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
||
| CY2020 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-1184100 | |
| CY2019 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
-326920 | |
| CY2020Q1 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
731088 | |
| CY2019Q1 | us-gaap |
Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
|
1857899 | |
| CY2020Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
361146 | |
| CY2019Q1 | us-gaap |
Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
|
1545246 | |
| CY2020 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-212560 | |
| CY2019 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-14262 | |
| CY2020Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
369942 | |
| CY2019Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
312653 | |
| CY2020Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
15012 | |
| CY2019Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
||
| CY2020Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
200949 | |
| CY2019Q1 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
120510 | |
| CY2020Q1 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
44717 | |
| CY2019Q1 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
34489 | |
| CY2020Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
|
24127 | |
| CY2019Q1 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPostretirementBenefits
|
50798 | |
| CY2020Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
361146 | |
| CY2019Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1545246 | |
| CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.008 | |
| CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
-0.024 | |
| CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.002 | |
| CY2020 | us-gaap |
Depreciation
Depreciation
|
1524961 | |
| CY2019 | us-gaap |
Depreciation
Depreciation
|
1340492 | |
| CY2020Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
139989 | |
| CY2019Q1 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
279978 | |
| CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.75 | |
| CY2019 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.73 | |
| CY2019Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
| CY2019Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
| CY2019Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
| CY2020Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.43 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.51 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
| CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | |
| CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.75 | |
| CY2019 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.73 | |
| CY2019Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
| CY2019Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.22 | |
| CY2019Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
| CY2020Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.43 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.51 | |
| CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 | |
| CY2018Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
| CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.17 | |
| CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
-0.232 | |
| CY2019 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.253 | |
| CY2019 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.035 | |
| CY2020Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
409778 | |
| CY2019Q1 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
297316 | |
| CY2020Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
885000 | |
| CY2020 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P3Y36D | |
| CY2020 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
-1379900 | |
| CY2019 | us-gaap |
Federal Income Tax Expense Benefit Continuing Operations
FederalIncomeTaxExpenseBenefitContinuingOperations
|
1425854 | |
| CY2020 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
4806 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
468976 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
100728 | |
| CY2019Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
||
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
489996 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
108888 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
54444 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
108888 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
108888 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
108888 | |
| CY2020Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
21020 | |
| CY2020 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
49640 | |
| CY2019 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
||
| CY2020 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
49640 | |
| CY2019Q4 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.019 | |
| CY2019Q4 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y182D | |
| CY2019Q2 | us-gaap |
Gross Profit
GrossProfit
|
1471324 | |
| CY2019Q3 | us-gaap |
Gross Profit
GrossProfit
|
-782650 | |
| CY2019Q4 | us-gaap |
Gross Profit
GrossProfit
|
52933 | |
| CY2020Q1 | us-gaap |
Gross Profit
GrossProfit
|
1868728 | |
| CY2018Q2 | us-gaap |
Gross Profit
GrossProfit
|
6192478 | |
| CY2018Q3 | us-gaap |
Gross Profit
GrossProfit
|
3944541 | |
| CY2018Q4 | us-gaap |
Gross Profit
GrossProfit
|
1930484 | |
| CY2019Q1 | us-gaap |
Gross Profit
GrossProfit
|
839534 | |
| CY2020 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
4338419 | |
| CY2019 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
1723539 | |
| CY2020 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-6838202 | |
| CY2019 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6823945 | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1588992 | |
| CY2019 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1724021 | |
| CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
261000 | |
| CY2019 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
1846000 | |
| CY2019 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
32736 | |
| CY2020 | us-gaap |
Lease Cost
LeaseCost
|
91382 | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
53664 | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
49536 | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
||
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
||
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
||
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
4128 | |
| CY2020Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2129 | |
| CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2680481 | |
| CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1344233 | |
| CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-1478067 | |
| CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-4274878 | |
| CY2020 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
-159694 | |
| CY2019 | us-gaap |
Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
|
159694 | |
| CY2020 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
112462 | |
| CY2019 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-314699 | |
| CY2020 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
448665 | |
| CY2019 | us-gaap |
Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
|
||
| CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-12438238 | |
| CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
3732652 | |
| CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
236630 | |
| CY2019 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
114448 | |
| CY2020 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
19260 | |
| CY2019 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
440503 | |
| CY2020 | us-gaap |
Interest Expense
InterestExpense
|
4806 | |
| CY2019 | us-gaap |
Interest Expense
InterestExpense
|
17546 | |
| CY2020 | us-gaap |
Interest Paid
InterestPaid
|
5000 | |
| CY2019 | us-gaap |
Interest Paid
InterestPaid
|
17500 | |
| CY2020Q1 | us-gaap |
Inventory Net
InventoryNet
|
35668243 | |
| CY2019Q1 | us-gaap |
Inventory Net
InventoryNet
|
49062086 | |
| CY2019Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
955605 | |
| CY2020 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
955605 | |
| CY2019 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
||
| CY2020Q1 | us-gaap |
Land
Land
|
1179831 | |
| CY2019Q1 | us-gaap |
Land
Land
|
1452799 | |
| CY2020Q1 | us-gaap |
Liabilities
Liabilities
|
10478721 | |
| CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
14120405 | |
| CY2020Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
77344088 | |
| CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
86601982 | |
| CY2020Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
9645359 | |
| CY2019Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
12364902 | |
| CY2020Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
29339893 | |
| CY2019Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
38176497 | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-889573 | |
| CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1191605 | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4952656 | |
| CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-825906 | |
| CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
11232819 | |
| CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
9632090 | |
| CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5249210 | |
| CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5099924 | |
| CY2019Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
194772 | |
| CY2019Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1544137 | |
| CY2019Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-881003 | |
| CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3018842 | |
| CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3599893 | |
| CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2000916 | |
| CY2018Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
664773 | |
| CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1165658 | |
| CY2020 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | |
| CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6857462 | |
| CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
6383442 | |
| CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36936 | |
| CY2019Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
63000 | |
| CY2019Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.07 | |
| CY2019Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P1Y | |
| CY2020Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
780179 | |
| CY2019Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
543549 | |
| CY2020Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
372352 | |
| CY2019Q1 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
||
| CY2020Q1 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
99864 | |
| CY2019Q1 | us-gaap |
Other Postretirement Defined Benefit Plan Liabilities Noncurrent
OtherPostretirementDefinedBenefitPlanLiabilitiesNoncurrent
|
210257 | |
| CY2020 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
839933 | |
| CY2019 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
1191605 | |
| CY2020 | us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
17295 | |
| CY2019 | us-gaap |
Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
|
17917 | |
| CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4935361 | |
| CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
807989 | |
| CY2020 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
10903 | |
| CY2019 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
35201 | |
| CY2020Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11500556 | |
| CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11909958 | |
| CY2019 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
15673 | |
| CY2020 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
332944 | |
| CY2019 | us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
137598 | |
| CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
53239 | |
| CY2020Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
34530755 | |
| CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
40479909 | |
| CY2020 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
142102324 | |
| CY2019 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
187154493 | |
| CY2019Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
40975320 | |
| CY2019Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
39995580 | |
| CY2019Q4 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
28150817 | |
| CY2020Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
32980607 | |
| CY2018Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
48193318 | |
| CY2018Q3 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
53432029 | |
| CY2018Q4 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
43326080 | |
| CY2019Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
42203066 | |
| CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
|
518616 | |
| CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
5124572 | |
| CY2019 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4782510 | |
| CY2020 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
-209092 | |
| CY2019 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
298167 | |
| CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
66865367 | |
| CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
72481577 | |
| CY2020Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1225716 | |
| CY2019Q1 | us-gaap |
Treasury Stock Shares
TreasuryStockShares
|
1225716 | |
| CY2020Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5525964 | |
| CY2019Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
5525964 | |
| CY2020Q1 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | |
| CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style="display: inline; font-family: times new roman; font-size: 10pt"><div style=" font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;text-indent:24.5pt;"><div style="display: inline; font-weight: bold;">USE OF ESTIMATES:</div> The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Significant estimates that are subject to the Company’s assumptions include the fair value of the pipe-finishing facility, determination of useful lives for fixed assets, determination of the allowance for doubtful accounts and the determination of net realizable value relative to inventory. The pipe-finishing facility impairment analysis requires assumptions related to future operations of the facility and estimates related to the replacement cost and value in exchange for the assets. The determination of useful lives for depreciation of fixed assets requires the Company to make assumptions regarding the future productivity of the Company’s fixed assets. The allowance for doubtful accounts requires the Company to draw conclusions on the future collectability of the Company’s accounts receivable. The determination of net realizable value when reviewing inventory value requires the Company to make assumptions concerning sales trends, customer demand and steel industry market conditions. Actual results could differ from these estimates.</div></div></div></div></div></div></div></div></div> | |
| CY2019Q1 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
29178 | |
| CY2020Q1 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
82417 | |
| CY2018Q1 | us-gaap |
Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
|
21052 | |
| CY2020 | us-gaap |
Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
|
||
| CY2019 | us-gaap |
Valuation Allowances And Reserves Charged To Cost And Expense
ValuationAllowancesAndReservesChargedToCostAndExpense
|
||
| CY2020 | us-gaap |
Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
|
677652 | |
| CY2019 | us-gaap |
Valuation Allowances And Reserves Charged To Other Accounts
ValuationAllowancesAndReservesChargedToOtherAccounts
|
765732 | |
| CY2020 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
624413 | |
| CY2019 | us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
757606 | |
| CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7000403 | |
| CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7010266 | |
| CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7000403 | |
| CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7010266 |
