XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 427,534 $ 489,514 $ 524,194
Cost of sales (exclusive of depreciation and amortization shown separately below) 343,594 392,482 413,394
Selling, general, and administrative expense 58,055 68,895 72,764
Depreciation and amortization 45,680 44,896 43,026
Restructuring and integration expense, net 0 (12) 689
Goodwill impairment 92,942 0 182,542
Other operating expense, net 4,720 846 6,826
Loss from operations (117,457) (17,593) (195,047)
Interest expense 18,898 13,030 11,315
Loss on extinguishment of debt and write-off of debt issuance costs 144 540 0
Derivative payments on interest rate swap 4,133 0 0
Loss on interest rate swap 11,669 0 0
Other expense (income), net (213) 962 2,016
Loss from continuing operations before benefit (provision) for income taxes and share of net income (loss) from joint venture (152,088) (32,125) (208,378)
Benefit (provision) for income taxes 8,972 (305) 1,548
Share of net income (loss) from joint venture 3,626 1,681 (14,390)
Loss from continuing operations (139,490) (30,749) (221,220)
Income (loss) from discontinued operations, net of tax (Note 2) 38,898 (15,992) (41,767)
Net loss (100,592) (46,741) (262,987)
Other comprehensive income (loss):      
Reclassification adjustment for discontinued operations 5,961 0 0
Foreign currency translation loss (1,683) (3,845) (13,609)
Change in fair value, net of tax (12,443) (10,479) 0
Reclassification adjustment for losses included in net loss, net of tax 18,987 1,084 0
Other comprehensive income (loss) 10,822 (13,240) (13,609)
Comprehensive loss $ (89,770) $ (59,981) $ (276,596)
Basic net loss per common share:      
Loss from continuing operations per common share (in usd per share) $ (3.60) $ (0.75) $ (6.98)
Income (loss) from discontinued operations per common share (in usd per share) 0.92 (0.38) (1.32)
Net loss per common share (in usd per share) $ (2.68) $ (1.13) $ (8.30)
Weighted average common shares outstanding (in shares) 42,199 42,030 31,678
Diluted net loss per common share:      
Diluted loss from continuing operations per common share (in usd per share) $ (3.60) $ (0.75) $ (6.98)
Income (loss) from discontinued operations per common share (in usd per share) 0.92 (0.38) (1.32)
Net loss per common share (in usd per share) $ (2.68) $ (1.13) $ (8.30)
Weighted average common shares outstanding (in shares) 42,199 42,030 31,678