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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Net sales $ 114,287 $ 184,273 $ 461,096 $ 668,057
Cost of sales 117,673 162,144 386,845 412,274
Gross (loss) profit (3,386) 22,129 74,251 255,783
Selling, general and administrative expense 8,512 9,138 27,815 29,711
Other (income) expense, net (2,399) (75) (2,096) 377
Operating (loss) income (9,499) 13,066 48,532 225,695
Interest expense, net 7,165 12,193 31,213 34,455
(Gain) loss on extinguishment of debt     (8,644) 113
Non-operating other income, net (3,689) (2,219) (10,929) (5,627)
(Loss) income before provision for income taxes (12,975) 3,092 36,892 196,754
(Benefit) provision for income taxes (5,249) 780 3,622 32,277
Net (loss) income $ (7,726) $ 2,312 $ 33,270 $ 164,477
Basic:        
Net (loss) income $ (0.1) $ 0.03 $ 0.44 $ 1.89
Diluted:        
Net (loss) income $ (0.1) $ 0.03 $ 0.44 $ 1.86