XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statement of Income Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 209,330 $ 202,290 $ 622,530 $ 608,490
Cost of sales (150,500) (144,240) (452,530) (437,440)
Gross profit 58,830 58,050 170,000 171,050
Selling, general and administrative expenses (30,710) (40,260) (99,890) (118,150)
Operating profit 28,120 17,790 70,110 52,900
Other expense, net:        
Interest expense (3,390) (3,480) (10,360) (10,230)
Debt financing and related expenses (6,640) 0 (6,640) 0
Other income (expense), net (200) (200) (780) (130)
Other expense, net (10,230) (3,680) (17,780) (10,360)
Income before income tax expense 17,890 14,110 52,330 42,540
Income tax expense (4,760) (5,330) (17,360) (14,980)
Net income $ 13,130 $ 8,780 $ 34,970 $ 27,560
Basic earnings per share        
Net income per share $ 0.29 $ 0.19 $ 0.77 $ 0.61
Weighted average common shares—basic 45,721,155 45,435,936 45,669,782 45,381,592
Diluted earnings per share        
Net income per share $ 0.29 $ 0.19 $ 0.76 $ 0.60
Weighted average common shares—diluted 46,029,361 45,760,455 45,953,578 45,713,873