XML 50 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 124,479 $ 146,489 $ 377,284 $ 405,451
Cost of sales 102,021 117,282 311,382 326,096
Gross profit 22,458 29,207 65,902 79,355
Selling, general and administrative expenses 17,909 18,691 56,472 57,690
Impairment of goodwill 8,891 8,891
Restructuring charges 281 17 1,651 62
Gain on sale of property (4,257)
(Loss) Income from operations (4,623) 10,499 3,145 21,603
Interest expense (1,305) (1,391) (4,126) (3,917)
Other income (expense), net 28 43 (361) (479)
(Loss) Earnings before provision for (benefit from) income taxes (5,900) 9,151 (1,342) 17,207
Provision for (benefit from) income taxes 590 (2,201) 1,049 523
Net (loss) earnings available to common stockholders (6,490) 11,352 (2,391) 16,684
Common Class A [Member]        
Net (loss) earnings available to common stockholders $ (1,112) $ 1,942 $ (442) $ 2,852
Net (loss) earnings per common share:        
Common share - basic and diluted, net earnings (in dollars per share) $ (0.51) $ 0.89 $ (0.20) $ 1.31
Weighted-average number of shares outstanding:        
Weighted-average number of common shares outstanding - basic and diluted (in shares) 2,173 2,175 2,174 2,175
Common Class B [Member]        
Net (loss) earnings available to common stockholders $ (5,378) $ 9,410 $ (1,949) $ 13,832
Net (loss) earnings per common share:        
Common share - basic and diluted, net earnings (in dollars per share) $ (0.53) $ 0.94 $ (0.19) $ 1.40
Weighted-average number of shares outstanding:        
Weighted-average number of common shares outstanding - basic and diluted (in shares) 10,139 9,972 10,113 9,891