XML 20 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Income Statement [Abstract]      
Net sales $ 619,793 $ 584,954 $ 405,443
Cost of sales (exclusive of depreciation and amortization shown separately below) 459,080 428,843 320,632
Selling, general and administrative expense 74,112 64,144 34,873
Acquisition related costs excluded from selling, general and administrative expense 344 0 11,682
Depreciation and amortization 52,406 50,721 32,973
Other operating expense (income) 351 809 (24)
Restructuring and integration expense 386 5,658 5,249
Income from operations 33,114 34,779 58
Interest expense 52,085 62,870 29,582
Loss on extinguishment of debt and write-off of unamortized debt issuance costs 42,087 2,589 19,173
Derivative payments on interest rate swap   609  
Derivative loss (gain) on change in interest rate swap fair value (101) 2,448  
Other (income) expense, net (2,084) (2,871) 521
Loss from continuing operations before benefit for income taxes and share of net income from joint venture (58,873) (30,866) (49,218)
Benefit for income taxes 79,026 15,438 19,842
Share of net income from joint venture 5,211 5,938 5,001
Income (loss) from continuing operations 25,364 (9,490) (24,375)
Income from discontinued operations, net of tax (Note 2) 137,688 16,153 17,889
Net income (loss) 163,052 6,663 (6,486)
Other comprehensive income (loss):      
Change in fair value of interest rate swap   1,910 (1,637)
Reclassification adjustment for discontinued operations (9,243)    
Foreign currency translation gain (loss) 22,094 (10,623) (24,903)
Other comprehensive income (loss): 12,851 (8,713) (26,540)
Comprehensive income (loss) $ 175,903 $ (2,050) $ (33,026)
Basic net income (loss) per share:      
Income (loss) from continuing operations per share $ 0.92 $ (0.35) $ (1.15)
Income from discontinued operations per share 5.02 0.60 0.84
Net income (loss) per share $ 5.94 $ 0.25 $ (0.31)
Weighted average shares outstanding 27,433 27,016 21,181
Diluted net income (loss) per share:      
Income (loss) from continuing operations per share $ 0.91 $ (0.35) $ (1.15)
Income from discontinued operations per share 4.96 0.60 0.84
Net income (loss) per share $ 5.87 $ 0.25 $ (0.31)
Diluted shares outstanding 27,755 27,016 21,181
Cash dividends per common share $ 0.28 $ 0.28 $ 0.28