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Quarterly Results of Operations (Unaudited)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations (Unaudited)
Quarterly Results of Operations (Unaudited)
The following tables present the quarterly results of operations for the years ended December 31, 2019 and 2018.
2019
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
 
$
213,256

 
$
221,666

 
$
213,897

 
$
198,632

Cost of sales (exclusive of depreciation and amortization)
 
162,187

 
164,099

 
161,074

 
154,279

Net income (loss)
 
(19,518
)
 
(7,283
)
 
(5,855
)
 
(14,085
)
Comprehensive income (loss)
 
(22,053
)
 
(15,742
)
 
(17,976
)
 
(4,210
)
Basic net income (loss) per common share
 
$
(0.47
)
 
$
(0.17
)
 
$
(0.14
)
 
$
(0.35
)
Diluted net income (loss) per common share
 
$
(0.47
)
 
$
(0.17
)
 
$
(0.14
)
 
$
(0.35
)
2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
 
$
168,487

 
$
197,010

 
$
205,683

 
$
199,477

Cost of sales (exclusive of depreciation and amortization)
 
126,160

 
149,588

 
156,510

 
156,923

Net income (loss)
 
(6,360
)
 
(25,317
)
 
(13,886
)
 
(217,424
)
Comprehensive income (loss)
 
(890
)
 
(40,833
)
 
(18,134
)
 
(216,739
)
Basic net income (loss) per common share
 
$
(0.23
)
 
$
(0.91
)
 
$
(0.48
)
 
$
(5.18
)
Diluted net income (loss) per common share
 
$
(0.23
)
 
$
(0.91
)
 
$
(0.48
)
 
$
(5.18
)
As further described in Note 2, during 2019 we identified misstatements in our previously issued financial statements which we are correcting through the revision of our previously issued financial statements. The effect of the revision on the 2019 and 2018 previously issued unaudited quarterly financial results is presented in the tables below. The revision of our 2019 quarterly financial statements will be effected in connection with the prospective issuance of 2020 quarterly filings on Form 10-Q.
 
As Originally Reported
 
Adjustment
 
As Revised
Third Quarter 2019
 
 
 
 
 
Net sales
$
213,897

 
$
—

 
$
213,897

Cost of sales (exclusive of depreciation and amortization)
160,816

 
258

 
161,074

Net income (loss)
(5,597
)
 
(258
)
 
(5,855
)
Comprehensive income (loss)
(17,988
)
 
12

 
(17,976
)
Basic net income (loss) per common share
$
(0.13
)
 
$
(0.01
)
 
$
(0.14
)
Diluted net income (loss) per common share
$
(0.13
)
 
$
(0.01
)
 
$
(0.14
)
Second Quarter 2019
 
 
 
 
 
Net sales
$
221,666

 
$
—

 
$
221,666

Cost of sales (exclusive of depreciation and amortization)
163,513

 
586

 
164,099

Net income (loss)
(6,697
)
 
(586
)
 
(7,283
)
Comprehensive income (loss)
(15,093
)
 
(649
)
 
(15,742
)
Basic net income (loss) per common share
$
(0.16
)
 
$
(0.01
)
 
$
(0.17
)
Diluted net income (loss) per common share
$
(0.16
)
 
$
(0.01
)
 
$
(0.17
)
First Quarter 2019
 
 
 
 
 
Net sales
$
213,256

 
$
—

 
$
213,256

Cost of sales (exclusive of depreciation and amortization)
161,269

 
918

 
162,187

Net income (loss)
(18,600
)
 
(918
)
 
(19,518
)
Comprehensive income (loss)
(21,194
)
 
(859
)
 
(22,053
)
Basic net income (loss) per common share
$
(0.44
)
 
$
(0.03
)
 
$
(0.47
)
Diluted net income (loss) per common share
$
(0.44
)
 
$
(0.03
)
 
$
(0.47
)

 
As Originally Reported
 
Adjustment
 
As Revised
Fourth Quarter 2018
 
 
 
 
 
Net sales
$
199,477

 
$
—

 
$
199,477

Cost of sales (exclusive of depreciation and amortization)
156,713

 
210

 
156,923

Net income (loss)
(220,189
)
 
2,765

 
(217,424
)
Comprehensive income (loss)
(219,560
)
 
2,821

 
(216,739
)
Basic net income (loss) per common share
$
(5.25
)
 
$
0.07

 
$
(5.18
)
Diluted net income (loss) per common share
$
(5.25
)
 
$
0.07

 
$
(5.18
)
Third Quarter 2018
 
 
 
 
 
Net sales
$
205,683

 
$
—

 
$
205,683

Cost of sales (exclusive of depreciation and amortization)
156,408

 
102

 
156,510

Net income (loss)
(13,784
)
 
(102
)
 
(13,886
)
Comprehensive income (loss)
(17,977
)
 
(157
)
 
(18,134
)
Basic net income (loss) per common share
$
(0.48
)
 
$
—

 
$
(0.48
)
Diluted net income (loss) per common share
$
(0.48
)
 
$
—

 
$
(0.48
)
Second Quarter 2018
 
 
 
 
 
Net sales
$
196,349

 
$
661

 
$
197,010

Cost of sales (exclusive of depreciation and amortization)
148,640

 
948

 
149,588

Net income (loss)
(24,511
)
 
(806
)
 
(25,317
)
Comprehensive income (loss)
(40,292
)
 
(541
)
 
(40,833
)
Basic net income (loss) per common share
$
(0.89
)
 
$
(0.02
)
 
$
(0.91
)
Diluted net income (loss) per common share
$
(0.89
)
 
$
(0.02
)
 
$
(0.91
)
First Quarter 2018
 
 
 
 
 
Net sales
$
169,148

 
$
(661
)
 
$
168,487

Cost of sales (exclusive of depreciation and amortization)
126,444

 
(284
)
 
126,160

Net income (loss)
(5,983
)
 
(377
)
 
(6,360
)
Comprehensive income (loss)
(518
)
 
(372
)
 
(890
)
Basic net income (loss) per common share
$
(0.22
)
 
$
(0.01
)
 
$
(0.23
)
Diluted net income (loss) per common share
$
(0.22
)
 
$
(0.01
)
 
$
(0.23
)