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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 117,393 $ 118,050 $ 230,749 $ 228,975
Cost of sales 74,596 75,056 144,011 145,430
Gross margin 42,797 42,994 86,738 83,545
Distribution expenses 12,582 12,377 26,015 25,694
Selling, general and administrative expenses 33,102 29,845 65,484 61,653
Restructuring expenses 254 1,060 254 1,701
Loss from operations (3,141) (288) (5,015) (5,503)
Interest expense (Note D) (1,001) (1,122) (1,942) (2,315)
Loss on early retirement of debt (110) (272) (110) (272)
Loss before income taxes and equity in earnings (4,252) (1,682) (7,067) (8,090)
Income tax benefit (Note H) 1,698 473 2,642 2,743
Equity in earnings (losses), net of taxes (Note B) 458 18 998 (132)
NET LOSS $ (2,096) $ (1,191) $ (3,427) $ (5,479)
BASIC LOSS PER COMMON SHARE (NOTE G) $ (0.14) $ (0.08) $ (0.24) $ (0.39)
DILUTED LOSS PER COMMON SHARE (NOTE G) (0.14) (0.08) (0.24) (0.39)
Cash dividends declared per common share $ 0.0425 $ 0.0425 $ 0.0850 $ 0.0850