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Consolidated Statement Of Comprehensive Income (USD $)
Share data in Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net sales $ 331,312,000 $ 344,760,000 $ 640,381,000 $ 676,197,000
Cost of Goods Sold 237,379,000 251,203,000 461,200,000 489,056,000
Gross Profit 93,933,000 93,557,000 179,181,000 187,141,000
Selling, general and administrative expense 101,545,000 104,088,000 199,566,000 207,323,000
Charge related to restructuring activities 2,090,000 2,592,000 4,330,000 5,114,000
Interest expense 1,158,000 815,000 1,964,000 1,932,000
Interest income (323,000) (74,000) (391,000) (181,000)
Income (Loss) from Continuing Operations before Income Taxes (10,537,000) (13,864,000) (26,288,000) (27,047,000)
Income tax provision 3,075,000 10,625,000 5,300,000 3,150,000
Income (Loss) from Continuing Operations (13,612,000) (24,489,000) (31,588,000) (30,197,000)
Net Earnings from Discontinued Operations (net of tax of $50 and $60) 0 1,448,000 0 3,015,000
Gain on Sale of Discontinued Operations (net of tax of ($10,580) and $9,500) 0 10,580,000 0 49,902,000
Total Net Earnings from Discontinued Operations 0 12,028,000 0 52,917,000
Net Earnings (loss) (13,612,000) (12,461,000) (31,588,000) 22,720,000
Dividends Declared per Common Share $ 0.0125 $ 0.0125 $ 0.0250 $ 0.0250
Income (Loss) from Continuing Operations $ (0.43) $ (0.77) $ (0.99) $ (0.95)
Income (Loss) from Discontinued Operations $ 0.00 $ 0.38 $ 0.00 $ 1.66
Net Earnings (loss) per Share - Basic $ (0.43) $ (0.39) $ (0.99) $ 0.71
Weighted Average Shares Outstanding - Basic 32,017 31,902 32,015 31,902
Income (Loss) from Continuing Operations $ (0.43) $ (0.77) $ (0.99) $ (0.95)
Income (Loss) from Discontinued Operations $ 0.00 $ 0.38 $ 0.00 $ 1.65
Net Earnings (loss) per Share - Assuming Dilution $ (0.43) $ (0.39) $ (0.99) $ 0.71
Weighted Average Shares Outstanding - Assuming Dilution 32,216 32,024 32,244 31,980
Other Comprehensive Income (Loss), Net of Tax        
Foreign currency translation adjustments (4,936,000) (7,738,000) 1,712,000 (9,236,000)
Defined Benefit Plans        
Amortization of prior service costs and unrecognized gains (losses) 15,000 236,000 723,000 536,000
Amounts arising during the year, primarily due to the addition of new participants 0 0 0 (166,000)
Deferred tax adjustment resulting from defined benefit plan activity (7,000) (80,000) (187,000) (128,000)
Valuation reserve (reversal) associated with defined benefit plan activity 9,000 74,000 23,000 124,000
Current period unrealized gain (loss) on cash flow hedges 483,000 (694,000) (101,000) 883,000
Deferred tax benefit (loss) related to unrealized gain (loss) on cash flow hedges 159,000 39,000 243,000 (42,000)
Other Comprehensive Income (Loss) (4,277,000) (8,163,000) 2,413,000 (8,029,000)
Comprehensive Income (Loss) $ (17,889,000) $ (20,624,000) $ (29,175,000) $ 14,691,000