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Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 202,290 $ 222,190 $ 608,490 $ 671,220
Cost of sales (144,240) (159,720) (437,440) (484,110)
Gross profit 58,050 62,470 171,050 187,110
Selling, general and administrative expenses (40,260) (40,910) (118,150) (123,320)
Operating profit 17,790 21,560 52,900 63,790
Other expense, net:        
Interest expense (3,480) (3,440) (10,230) (10,610)
Debt financing and extinguishment costs 0 0 0 (1,970)
Other expense, net (200) (720) (130) (2,330)
Other expense, net (3,680) (4,160) (10,360) (14,910)
Income from continuing operations before income tax expense 14,110 17,400 42,540 48,880
Income tax expense (5,330) (5,690) (14,980) (16,740)
Income from continuing operations 8,780 11,710 27,560 32,140
Loss from discontinued operations, net of tax 0 0 0 (4,740)
Net income $ 8,780 $ 11,710 $ 27,560 $ 27,400
Basic earnings per share        
Continuing operations $ 0.19 $ 0.26 $ 0.61 $ 0.71
Discontinued operations 0.00 0.00 0.00 (0.10)
Net income per share $ 0.19 $ 0.26 $ 0.61 $ 0.61
Weighted average common shares—basic 45,435,936 45,157,412 45,381,592 45,102,067
Diluted earnings per share        
Continuing operations $ 0.19 $ 0.26 $ 0.60 $ 0.70
Discontinued operations 0.00 0.00 0.00 (0.10)
Net income per share $ 0.19 $ 0.26 $ 0.60 $ 0.60
Weighted average common shares—diluted 45,760,455 45,499,104 45,713,873 45,439,618