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Note 19 - Quarterly Financial Data (unaudited) (Tables)
6 Months Ended 12 Months Ended
Dec. 31, 2011
Dec. 31, 2012
Jun. 30, 2011
Schedule of Quarterly Financial Information [Table Text Block]
   
Transition Period Ended
December 31, 2011
 
   
Quarter
ending
December 31,
2011
   
Quarter
ending
September 30,
2011
 
   
(In thousands, except per share
data amounts)
 
             
Sales
  $ 70,425     $ 76,138  
Less: excise tax
    86       -  
Net sales
    70,339       76,138  
Cost of sales
    70,184       73,347  
Gross profit
    155       2,791  
                 
Selling, general and administrative
    6,343       5,074  
Other operating costs and (gain) loss on sale of assets, net
    (180 )     294  
Impairment of long-lived assets
    1,301       -  
Bargain purchase gain, net of tax
    (13,048 )     -  
Income (loss) from operations
    5,739       (2,577 )
                 
Other income (expense), net
    2       46  
Interest expense
    (216 )     (114 )
Equity in earnings (loss)
    2,279       (2,830 )
Income (loss) before income taxes
    7,804       (5,475 )
Provision (benefit) for income taxes
    (8,340 )     34  
Net income (loss)
  $ 16,144     $ (5,509 )
                 
Per Share Data(i)
               
Total basic earnings (loss) per common share
  $ 0.89     $ (0.33 )
Total diluted earnings (loss) per common share
  $ 0.89     $ (0.33 )
                 
Dividends per Common Share
  $ -     $ 0.05  
                 
Stock price ranges:
               
Common
               
-High
  $ 6.82     $ 8.75  
-Low
  $ 4.27     $ 5.07  
   
Year ended December 31, 2012
 
   
Fourth
Quarter
   
Third
Quarter
   
Second
Quarter
   
First
Quarter
 
   
(In thousands, except per share data amounts)
 
                         
Sales
  $ 86,350     $ 76,189     $ 87,263     $ 88,430  
Less: excise tax
    -       82       1,729       2,086  
Net sales
    86,350       76,107       85,534       86,344  
Cost of sales
    78,930       70,047       79,618       80,717  
Gross profit
    7,420       6,060       5,916       5,627  
                                 
Selling, general and administrative
    6,466       6,037       6,285       7,748  
Other operating costs and (gain) loss on sale of assets, net
    (16 )     (851 )     176       122  
Income (loss) from operations
    970       874       (545 )     (2,243 )
                                 
Gain on sale of joint venture interest
    -       -       -       4,055  
Other income (expense), net
    (1 )     (1 )     2       2  
Interest expense
    (158 )     (225 )     (232 )     (255 )
Equity in earnings (loss)
    (465 )     (130 )     (143 )     437  
Income (loss) before income taxes
    346       518       (918 )     1,996  
Provision (benefit) for income taxes
    166       100       (68 )     120  
Net income (loss)
  $ 180     $ 418     $ (850 )   $ 1,876  
                                 
Per Share Data(i)
                               
Total basic earnings (loss) per common share
  $ 0.01       0.02       (0.05 )     0.10  
Total diluted earnings (loss) per common share
  $ 0.01       0.02       (0.05 )     0.10  
                                 
Dividends per Common Share
  $ -     $ -     $ -     $ 0.05  
                                 
Stock price ranges:
                               
Common
                               
-High
  $ 3.71     $ 3.68     $ 4.90     $ 6.37  
-Low
  $ 3.40     $ 3.30     $ 3.43     $ 5.28  
   
Year ended June 30, 2011
 
   
Fourth
Quarter
   
Third
Quarter
   
Second
Quarter
   
First
Quarter
 
   
(In thousands, except per share data amounts)
 
                         
Sales
  $ 68,882     $ 64,211     $ 58,072     $ 57,024  
Less: excise tax
    84       23       121       46  
Net sales
    68,798       64,188       57,951       56,978  
Cost of sales
    71,586       57,669       49,159       46,624  
Gross profit
    (2,788 )     6,519       8,792       10,354  
Selling, general and administrative
    4,880       5,690       4,360       6,227  
Other operating costs and (gain) loss on sale of assets, net
    425       -       88       562  
Income (loss) from operations
    (8,093 )     829       4,344       3,565  
                                 
Other income (expense), net
    2       3       -       3  
Interest expense
    -       (92 )     (141 )     (125 )
Equity in earnings (loss)
    (2,296 )     124       (957 )     1,589  
Income (loss) before income taxes
    (10,387 )     864       3,246       5,032  
Provision (benefit) for income taxes
    (129 )     163       4       30  
Net income (loss)
  $ (10,258 )   $ 701     $ 3,242     $ 5,002  
                                 
Per Share Data(i)
                               
Total basic earnings (loss) per common share
  $ (0.61 )   $ 0.04     $ 0.18     $ 0.28  
Total diluted earnings (loss) per common share
  $ (0.61 )   $ 0.04     $ 0.18     $ 0.28  
                                 
Dividends per Common Share
  $ -     $ -     $ -     $ 0.05  
                                 
Stock price ranges:
                               
Common
                               
-High
  $ 9.00     $ 11.06     $ 11.90     $ 8.15  
-Low
  $ 7.75     $ 7.90     $ 8.14     $ 6.46