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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Net sales $ 113,356 $ 110,925
Cost of sales 69,415 70,374
Gross margin 43,941 40,551
Distribution expenses 13,433 13,317
Selling, general and administrative expenses 32,382 31,808
Restructuring expenses 0 641
Loss from operations (1,874) (5,215)
Interest expense (Note D) (941) (1,193)
Loss before income taxes and equity in earnings (2,815) (6,408)
Income tax benefit (Note H) 944 2,270
Equity in earnings (losses), net of taxes (Note B) 540 (150)
NET LOSS $ (1,331) $ (4,288)
BASIC LOSS PER COMMON SHARE (NOTE G) $ (0.09) $ (0.31)
DILUTED LOSS PER COMMON SHARE (NOTE G) (0.09) (0.31)
Cash dividends declared per common share $ 0.0425 $ 0.0425