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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Total net sales $ 145,766 $ 200,933 $ 274,541 $ 351,402
Total cost of sales 118,713 163,805 225,831 285,112
Gross profit 27,053 37,128 48,710 66,290
Selling and administrative expenses 19,562 22,855 40,887 44,772
Amortization expense 1,446 1,679 2,909 3,391
Interest expense - net 1,090 1,597 1,907 2,952
Other expense (income) - net 3,339 (252) 4,085 (402)
Income (loss) before income taxes 1,616 11,249 (1,078) 15,577
Income tax expense 1,093 1,685 265 2,323
Net income (loss) $ 523 $ 9,564 $ (1,343) $ 13,254
Basic earnings per common share (usd per share) $ 0.05 $ 0.92 $ (0.13) $ 1.27
Diluted earnings per common share (usd per share) $ 0.05 $ 0.90 $ (0.13) $ 1.25
Product        
Total net sales $ 123,300 $ 160,227 $ 220,185 $ 273,310
Total cost of sales 100,488 132,438 181,314 224,769
Service        
Total net sales 22,466 40,706 54,356 78,092
Total cost of sales $ 18,225 $ 31,367 $ 44,517 $ 60,343