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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue $ 47,762   $ 48,553   $ 94,882 $ 97,615
Operating expenses            
Labor 26,666   25,109   51,131 51,027
Production and distribution 13,328   13,507   27,780 26,225
Advertising, selling, general and administrative 5,065   5,340   11,149 11,273
Depreciation and amortization expense 1,033   586   2,099 1,184
Total operating expenses 46,092   44,542   92,159 89,709
Operating income 1,670   4,011   2,723 7,906
Other expense (income), net            
Interest expense, net 59   95   (151) 230
Other expense (income), net 791   (1,216)   3,377 (1,255)
Total other expense (income), net 850   (1,121)   3,226 (1,025)
Income before income taxes 820   5,132   (503) 8,931
Income tax expense 240   671   (292) 1,125
Net income 580 $ (791) 4,461 $ 3,345 (211) 7,806
Less: Preferred Stock dividends 0   124   0 246
Less: Earnings attributable to participating securities 0   542   0 946
Net income attributable to common stockholders $ 580   $ 3,795   $ (211) $ 6,614
Earnings per common share            
Basic (in dollars per share) $ 0.08   $ 0.54   $ (0.03) $ 0.94
Diluted (in dollars per share) $ 0.08   $ 0.52   $ (0.03) $ 0.91
Weighted average shares used to compute income per share attributable to common shares            
Basic (in shares) 7,358   7,017   7,392 7,004
Diluted (in shares) 7,505   7,388   7,392 7,338
Comprehensive income, net of tax:            
Net (loss) income $ 580 (791) $ 4,461 3,345 $ (211) $ 7,806
Adjustment to pension liability, net 402   578   1,142 1,588
Foreign currency translation adjustment 100   (2,607)   1,980 (3,111)
Total other comprehensive income (loss), net of tax 502 $ 2,620 (2,029) $ 506 3,122 (1,523)
Comprehensive income $ 1,082   $ 2,432   $ 2,911 $ 6,283