SEGMENT REPORTING
 3 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
SEGMENT REPORTING
SEGMENT REPORTING:
The Company has two reportable segments: the Titanium Segment and the EP&S Segment. The EP&S Segment utilizes the Titanium Segment as its primary source of titanium mill products. Reportable segments are measured by the Company’s Chief Operating Decision Maker based on revenues and segment operating income after an allocation of certain corporate items such as general corporate overhead and expenses. Assets of general corporate activities include unallocated cash and deferred taxes. A summary of financial information by reportable segment is as follows:
 
 
Three Months Ended
March 31,
 
 
2015
 
2014
Net sales:
 
 
 
 
Titanium Segment
 
$
83,500

 
$
76,980

Intersegment sales
 
23,858

 
25,046

Total Titanium Segment sales
 
107,358

 
102,026

 
 
 
 
 
EP&S Segment
 
114,992

 
97,565

Intersegment sales
 
19,647

 
27,966

Total EP&S Segment sales
 
134,639

 
125,531

 
 
 
 
 
Eliminations
 
43,505

 
53,012

Total consolidated net sales
 
$
198,492

 
$
174,545


Operating income:
 
 
 
 
Titanium Segment before corporate allocations
 
$
14,388

 
$
10,429

Corporate allocations
 
(4,698
)
 
(4,527
)
Total Titanium Segment operating income
 
9,690

 
5,902

 
 
 
 
 
EP&S Segment before corporate allocations
 
12,911

 
1,811

Corporate allocations
 
(5,703
)
 
(6,096
)
Total EP&S Segment operating income (loss)
 
7,208

 
(4,285
)
 
 
 
 
 
Merger-related expenses
 
(4,734
)
 
—

Total consolidated operating income
 
12,164

 
1,617

Other (expense) income, net
 
(856
)
 
535

Interest expense, net
 
(7,884
)
 
(7,557
)
 
 
 
 
 
Total consolidated income (loss) before income taxes
 
$
3,424

 
$
(5,405
)

 
 
March 31,
2015
 
December 31,
2014
Total assets:
 
 
 
 
Titanium Segment
 
$
673,333

 
$
685,306

EP&S Segment
 
613,486

 
614,309

General corporate assets
 
281,926

 
266,079

Total consolidated assets
 
$
1,568,745

 
$
1,565,694