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Condensed Consolidated Statements of Comprehensive Income - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 145,130 $ 91,535 $ 288,862 $ 178,757
Cost of sales 124,595 75,986 248,748 151,396
Amortization of intangibles 2,677 939 5,353 1,878
Profit sharing, bonuses, and deferred compensation 22,830 1,365 24,580 3,005
Employee Stock Ownership Plan expense 1,500 1,000 3,000 2,000
Other selling, general and administrative expenses 10,180 2,713 17,772 5,581
Income (loss) from operations (16,652) 9,532 (10,591) 14,897
Interest expense (1,991) (853) (4,824) (1,760)
Loss on extinguishment of debt (154) (588) (154) (588)
Income (loss) before taxes (18,797) 8,091 (15,569) 12,549
Income tax expense (benefit) (3,513)   (2,744) 29
Net income (loss) and comprehensive income (loss) (15,284) 8,091 (12,825) 12,520
Earnings (loss) per share        
Net income (loss) available to shareholders $ (15,284) $ 8,091 $ (12,825) $ 12,520
Basic and diluted earnings (loss) per share $ (0.91) $ 0.56 $ (0.85) $ 0.87
Basic and diluted weighted average shares outstanding 16,799,915 14,341,538 15,131,012 14,341,538
Tax-adjusted pro forma information        
Net income (loss) available to shareholders $ (15,284) $ 8,091 $ (12,825) $ 12,520
Pro forma provision for income taxes 103 2,104 173 3,234
Pro forma net income (loss) $ (15,387) $ 5,987 $ (12,998) $ 9,286
Pro forma basic and diluted earnings (loss) per share $ (0.92) $ 0.42 $ (0.86) $ 0.65
Basic and diluted weighted average shares outstanding 16,799,915 14,341,538 15,131,012 14,341,538