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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
NET SALES $ 99,822 $ 162,039 $ 210,267 $ 329,063
COST OF GOODS SOLD 62,250 108,288 128,936 212,486
GROSS MARGIN 37,572 53,751 81,331 116,577
OPERATING EXPENSES 35,370 48,155 74,974 97,785
INCOME FROM OPERATIONS 2,202 5,596 6,357 18,792
INTEREST EXPENSE AND OTHER INCOME/(EXPENSE) – net (5,630) (4,323) (10,294) (8,230)
(LOSS) INCOME BEFORE INCOME TAX EXPENSE (3,428) 1,273 (3,937) 10,562
INCOME TAX (BENEFIT) EXPENSE (713) 353 (823) 2,304
NET (LOSS) INCOME $ (2,715) $ 920 $ (3,114) $ 8,258
(LOSS) INCOME PER SHARE        
Basic (in dollars per share) $ (0.37) $ 0.13 $ (0.42) $ 1.13
Diluted (in dollars per share) $ (0.37) $ 0.12 $ (0.42) $ 1.12
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic (in shares) 7,354 7,313 7,350 7,310
Diluted (in shares) [1] 7,354 7,389 7,350 7,400
[1] Due to a loss for the six months ended June 30, 2023, zero dilutive stock options are included for the period because the effect would be antidilutive.