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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 109,982 $ 125,503 $ 208,954 $ 259,103
Cost of sales 107,853 112,887 212,989 225,688
Gross profit (loss) 2,129 12,616 (4,035) 33,415
Selling, general and administrative expense 10,874 14,546 21,768 25,746
Other expense (income), net 138 (333) 389 (491)
Operating income (loss) (8,883) (1,597) (26,192) 8,160
Interest expense, net 6,446 2,229 7,796 5,626
Non-operating other income, net (3,970) (45) (2,014) (80)
Income (loss) from continuing operations before provision (benefit) for income taxes (11,359) (3,781) (31,974) 2,614
Provision (benefit) for income taxes (3,671) (907) (8,521) 1,251
Income (loss) from continuing operations (7,688) (2,874) (23,453) 1,363
Income from discontinued operations, including taxes 22,779 3,291 23,603 5,703
Net income 15,091 417 150 7,066
Dividends on convertible preferred stocks 75   150 300
Dividend on Series E redeemable preferred stock     14,979  
Accretion of Series E redeemable preferred stock     4,484  
Net income attributable to participating securities 91      
Net income (loss) attributable to common stockholders $ 5,055 $ 417 $ (19,463) $ 6,766
Basic:        
Loss from continuing operations $ (0.70) $ (0.13) $ (1.81) $ 0.05
Income from discontinued operations, including taxes 0.90 0.15 0.99 0.25
Net income (loss) 0.20 0.02 (0.82) 0.30
Diluted:        
Loss from continuing operations (0.70) (0.13) (1.81) 0.05
Income from discontinued operations, including taxes 0.90 0.15 0.99 0.24
Net income (loss) $ 0.20 $ 0.02 $ (0.82) $ 0.29
Series E Preferred Stock [Member]        
Dividend on Series E redeemable preferred stock $ 7,629   $ 14,979  
Accretion of Series E redeemable preferred stock $ 2,241   $ 4,484