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Condensed Consolidated Statement of Comprehensive Income (Loss) - USD ($)
shares in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net Sales $ 231,723,000 $ 257,552,000
Cost of products sold 166,578,000 189,692,000
Gross Profit 65,145,000 67,860,000
Selling, general and administrative expenses 72,513,000 72,834,000
Charges related to restructuring activities 3,283,000 102,000
Operating Income (Loss) (10,651,000) (5,076,000)
Loss (gain) on Convertible Debt Derivatives (901,000) (604,000)
Interest expense 4,518,000 2,373,000
Interest income (88,000) (54,000)
Loss Before Income Taxes (14,180,000) (6,791,000)
Income tax provision 2,600,000 1,825,000
Net Loss $ (16,780,000) $ (8,616,000)
Dividends Declared per Common Share $ 0.0125 $ 0.0125
Net Earnings (Loss) per Share—Basic    
Net Loss per Share—Basic $ (0.52) $ (0.27)
Weighted Average Shares Outstanding—Basic 32,475 32,371
Net Earnings (Loss) per Share—Assuming Dilution    
Net Loss per Share—Assuming Dilution [1] $ (0.52) $ (0.27)
Weighted Average Shares Outstanding—Assuming Dilution 32,704 32,600
Other comprehensive income (loss):    
Foreign currency translation adjustments $ 949,000 $ 10,769,000
Defined Benefit Plans:    
Amortization of prior service costs and unrecognized gains (295,000) (190,000)
Deferred tax adjustment resulting from defined benefit plan activity (3,000) (16,000)
Valuation reserve associated with defined benefit plan activity 3,000 16,000
Current period unrealized gain on cash flow hedges 631,000 1,165,000
Deferred tax loss related to unrealized gain on cash flow hedges (166,000) (203,000)
Other Comprehensive Income 1,119,000 11,541,000
Comprehensive Income (Loss) $ (15,661,000) $ 2,925,000
[1] Net loss per common share assuming dilution calculated utilizing weighted average shares outstanding-basic for the periods in which there was a net loss.