CONSOLIDATED STATEMENTS OF OPERATIONS - (UNAUDITED) - USD ($) shares in Thousands, $ in Thousands |
3 Months Ended | 9 Months Ended | ||
---|---|---|---|---|
Sep. 30, 2018 |
Sep. 30, 2017 |
Sep. 30, 2018 |
Sep. 30, 2017 |
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Income Statement [Abstract] | ||||
Net sales | $ 43,014 | $ 41,997 | $ 129,534 | $ 130,324 |
Cost of sales | 9,037 | 8,233 | 25,426 | 25,781 |
Gross profit | 33,977 | 33,764 | 104,108 | 104,543 |
Operating expenses: | ||||
Commissions and incentives | 18,054 | 18,370 | 54,361 | 54,445 |
Selling and administrative expenses | 8,111 | 8,171 | 25,706 | 26,803 |
Depreciation and amortization expense | 475 | 424 | 1,521 | 1,379 |
Other operating costs | 5,667 | 6,115 | 22,086 | 20,447 |
Total operating expenses | 32,307 | 33,080 | 103,674 | 103,074 |
Income from operations | 1,670 | 684 | 434 | 1,469 |
Interest income | 50 | 10 | 212 | 58 |
Other income (expense), net | (83) | 177 | 681 | 209 |
Income before income taxes | 1,637 | 871 | 1,327 | 1,736 |
Income tax benefit (provision) | (3,300) | 510 | (3,637) | 193 |
Net income (loss) | $ (1,663) | $ 1,381 | $ (2,310) | $ 1,929 |
Earnings (loss) per common share: | ||||
Basic (in dollars per share) | $ (0.69) | $ 0.51 | $ (0.89) | $ 0.71 |
Diluted (in dollars per share) | $ (0.69) | $ 0.50 | $ (0.89) | $ 0.69 |
Weighted-average common shares outstanding: | ||||
Basic (in shares) | 2,396 | 2,711 | 2,595 | 2,708 |
Diluted (in shares) | 2,396 | 2,766 | 2,595 | 2,773 |
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- Definition Primarily represents commissions and incentives earned by eligible independent associates based on their direct and indirect commissionable net sales. No definition available.
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- Definition The aggregate cost of goods produced and sold and services rendered during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue less cost of goods and services sold or operating expenses directly attributable to the revenue generation activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (loss) from continuing operations before deduction of income tax expense (benefit) and income (loss) attributable to noncontrolling interest, and addition of income (loss) from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense. No definition available.
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- References No definition available.
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- Definition The net result for the period of deducting operating expenses from operating revenues. No definition available.
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- Definition The total amount of other operating cost and expense items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of income (expense) related to nonoperating activities, classified as other. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate revenue during the period from the sale of goods in the normal course of business, after deducting returns, allowances and discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- References No definition available.
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- Definition Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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