XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statement of Operations Statement - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 199,460 $ 188,410 $ 581,800 $ 552,610
Cost of sales (147,530) (139,420) (446,270) (403,040)
Gross profit 51,930 48,990 135,530 149,570
Selling, general and administrative expenses (25,650) (25,420) (107,570) (79,140)
Impairment of goodwill and indefinite-lived intangible assets (134,600) 0 (134,600) 0
Operating profit (loss) (108,320) 23,570 (106,640) 70,430
Other expense, net:        
Interest expense (3,450) (3,520) (11,260) (10,450)
Other income (expense), net (1,200) 600 (150) 1,250
Other expense, net (4,650) (2,920) (11,410) (9,200)
Income (loss) before income tax expense (112,970) 20,650 (118,050) 61,230
Income tax benefit (expense) 12,100 (5,410) 14,600 (12,720)
Income (loss) from continuing operations (100,870) 15,240 (103,450) 48,510
Income from discontinued operations, net of tax 0 3,870 0 11,710
Net income (loss) $ (100,870) $ 19,110 $ (103,450) $ 60,220
Basic earnings (loss) per share        
Continuing operations $ (2.32) $ 0.34 $ (2.37) $ 1.07
Discontinued operations 0 0.08 0 0.26
Net income (loss) per share $ (2.32) $ 0.42 $ (2.37) $ 1.33
Weighted average common shares—basic 43,457,704 45,175,244 43,707,331 45,448,711
Diluted earnings (loss) per share        
Continuing operations $ (2.32) $ 0.34 $ (2.37) $ 1.06
Discontinued operations 0 0.08 0 0.26
Net income (loss) per share $ (2.32) $ 0.42 $ (2.37) $ 1.32
Weighted average common shares—diluted 43,457,704 45,415,767 43,707,331 45,745,421