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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenue $ 49,597 $ 47,702 $ 142,610 $ 129,825
Operating expenses        
Labor 27,165 27,041 81,883 76,601
Production and distribution 12,146 13,176 35,875 36,940
Advertising, selling, general and administrative 4,516 4,540 13,228 15,582
Restructuring expense 937 1,419 4,880 8,005
Depreciation expense 607 741 1,968 2,905
Total operating expenses 45,371 46,917 137,834 140,033
Operating income 4,226 785 4,776 (10,208)
Other (income) expenses        
Interest expense, net 222 274 645 882
Other, net (572) 2,185 (102) 4,511
Total other (income) expenses (350) 2,459 (9,457) 5,393
Income (loss) before income taxes 4,576 (1,674) 14,233 (15,601)
Income tax expense (benefit) 172 (53) 1,018 (12,863)
Net income (loss) 4,404 (1,621) 13,215 (2,738)
Less: Preferred Stock dividends 125 125 372 372
Less: Earnings attributable to participating securities 543 0 1,661 0
Income (loss) attributable to common stockholders $ 3,736 $ (1,746) 11,182 (3,110)
Gain from extinguishment of debt (Paycheck Protection Program Term Note)     $ (10,000) $ 0
Earnings (loss) per common share        
Basic (in dollars per share) $ 0.54 $ (0.27) $ 1.66 $ (0.48)
Diluted (in dollars per share) $ 0.52 $ (0.27) $ 1.57 $ (0.48)
Weighted average shares used to compute income (loss) per share attributable to common shares        
Basic (in shares) 6,889 6,523 6,743 6,432
Diluted (in shares) 7,162 6,523 7,153 6,432
Comprehensive income (loss), net of tax:        
Net Income (loss) $ 4,404 $ (1,621) $ 13,215 $ (2,738)
Adjustment to pension liability, net 861 609 2,457 1,827
Foreign currency translation adjustment (1,251) 1,129 (1,713) 1,067
Total other comprehensive (loss) income, net of tax (390) 1,738 744 2,894
Comprehensive income 4,014 117 13,959 156
Revenue $ 49,597 $ 47,702 $ 142,610 $ 129,825