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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 140,073 $ 165,845 $ 278,277 $ 346,809
Cost of sales 112,658 129,813 228,584 269,172
Gross profit 27,415 36,032 49,693 77,637
Selling, general and administrative expense 11,547 9,436 21,841 19,303
Other expense (income), net 1,465 (900) 2,189 303
Operating income 14,403 27,496 25,663 58,031
Interest expense, net 8,385 11,836 18,114 24,048
Gain on extinguishment of debt (1,879) (8,644) (3,013) (8,644)
Non-operating other income, net (2,908) (3,764) (6,469) (7,240)
Income before provision for income taxes 10,805 28,068 17,031 49,867
Provision for income taxes 1,250 2,973 1,853 8,871
Net income $ 9,555 $ 25,095 $ 15,178 $ 40,996
Basic:        
Net income $ 0.13 $ 0.33 $ 0.21 $ 0.54
Diluted:        
Net income $ 0.13 $ 0.33 $ 0.21 $ 0.54