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Consolidated Statement of Operations Statement - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 199,550 $ 190,830 $ 382,340 $ 364,200
Cost of sales (162,320) (137,040) (298,740) (263,620)
Gross profit 37,230 53,790 83,600 100,580
Selling, general and administrative expenses (55,380) (26,730) (81,920) (53,720)
Operating profit (loss) (18,150) 27,060 1,680 46,860
Other expense, net:        
Interest expense (4,230) (3,490) (7,810) (6,930)
Other income, net 1,130 1,220 1,050 650
Other expense, net (3,100) (2,270) (6,760) (6,280)
Income (loss) before income tax expense (21,250) 24,790 (5,080) 40,580
Income tax benefit (expense) 5,550 (6,070) 2,500 (7,310)
Income (loss) from continuing operations (15,700) 18,720 (2,580) 33,270
Income from discontinued operations, net of tax 0 3,300 0 7,840
Net income (loss) $ (15,700) $ 22,020 $ (2,580) $ 41,110
Basic earnings (loss) per share        
Continuing operations $ (0.36) $ 0.41 $ (0.06) $ 0.73
Discontinued operations 0 0.07 0 0.17
Net income (loss) per share $ (0.36) $ 0.48 $ (0.06) $ 0.90
Weighted average common shares—basic 43,463,235 45,592,075 43,832,144 45,585,445
Diluted earnings (loss) per share        
Continuing operations $ (0.36) $ 0.41 $ (0.06) $ 0.72
Discontinued operations 0 0.07 0 0.17
Net income (loss) per share $ (0.36) $ 0.48 $ (0.06) $ 0.89
Weighted average common shares—diluted 43,463,235 45,828,315 43,832,144 45,910,249