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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 43,203 $ 110,954 $ 116,766 $ 211,089
Cost of products sold 36,599 68,881 85,696 132,611
Gross profit 6,604 42,073 31,070 78,478
Costs and expenses:        
General and administrative expenses 6,707 9,460 14,831 18,628
Selling and distribution expenses 5,488 7,239 14,015 13,548
Amortization of purchased intangible assets 353 397 707 795
Restructuring expenses, net and asset impairments 2,046 324 3,162 402
Total costs and expenses 14,594 17,420 32,715 33,373
Operating (loss) income (7,990) 24,653 (1,645) 45,105
Other (expense) income:        
Other (expense) income, net (85) 343 32 322
Interest expense, net (156) (409) (394) (782)
(Loss) income before income taxes (8,231) 24,587 (2,007) 44,645
Income tax (benefit) provision (2,583) 7,343 (514) 12,231
Net (loss) income $ (5,648) $ 17,244 $ (1,493) $ 32,414
Net (loss) income per share        
Basic (in dollars per share) $ (0.38) $ 1.17 $ (0.10) $ 2.20
Diluted (in dollars per share) $ (0.38) $ 1.15 $ (0.10) $ 2.17
Weighted average shares outstanding:        
Basic (in shares) 14,832,242 14,647,019 14,745,661 14,624,718
Diluted (in shares) 14,832,242 14,899,987 14,745,661 14,849,816
Dividends declared per common share (in dollars per share) $ 0 $ 0.02 $ 0.125 $ 0.04