Quarterly Information - Unaudited (Tables)

12 Months Ended

Dec. 31, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Information

(in thousands, except per share amounts)	First Quarter		Second Quarter			Third Quarter			Fourth Quarter
2015
Net sales		$  65,087		$  59,973			$  58,094			$   55,326
Gross profit(a)		13,043		11,776			9,439			8,131
Net income (loss)(b)		72		(520	)		(1,511	)		3,332
Net income (loss) per common share:
Basic(b)		0.01		(0.05	)		(0.14	)		0.32
Diluted(b)		0.01		(0.05	)		(0.14	)		0.32
Comprehensive income (loss)(c)		3,692		2,789			(2,250	)		8,296
2014
Net sales		$  62,913		$  69,949			$  65,409			$   74,587
Gross profit(a)		12,850		14,541			12,165			14,705
Net income (loss)(d)		78		1,121			(343	)		(2,043	)
Net income (loss) per common share:
Basic(d)		0.01		0.11			(0.03	)		(0.20	)
Diluted(d)		0.01		0.11			(0.03	)		(0.20	)
Comprehensive income (loss)(e)		1,298		7,992			(2,701	)		(30,664	)

(a) Gross profit excludes depreciation.

(b) Fourth quarter of 2015 includes an after-tax credit of $6,140 or $0.59 per common share for the net benefit of proceeds received from an insurance carrier in rehabilitation offset by acquisition-related costs.

(c) First quarter of 2015 includes a net-of-tax adjustment to recognize the effect of a plan amendment to the other postretirement benefit plan of $4,163. Fourth quarter of 2015 includes a net-of-tax adjustment to reflect the funded status of the various pension and other postretirement benefit plans of $5,231. 

(d) Fourth quarter of 2014 includes an after-tax charge of $2,916 or $0.28 per common share for estimated costs of asbestos-related litigation through 2024 net of estimated insurance recoveries. 

(e) Second quarter of 2014 includes a net-of-tax adjustment to recognize the effect of a plan amendment to the other postretirement benefit plan of $4,776. Fourth quarter of 2014 includes a net-of-tax adjustment to reflect the funded status of the various pension and other postretirement benefit plans of $(27,252).