XML 88 R28.htm IDEA: XBRL DOCUMENT v3.20.1
Prior Periods' Financial Statement Revision (Tables)
 3 Months Ended
Mar. 31, 2020
Accounting Changes and Error Corrections [Abstract]  
Schedule of Correction of Misstatements and Revision on Consolidated Statements
The following table presents the effect of the correction of the misstatements and the resulting revision on the Condensed Consolidated Statements of Operations and Comprehensive Income (Loss).
 
 
Three Months Ended March 31, 2019
 
 
As Originally Reported
 
Adjustment
 
As Revised
Cost of sales (exclusive of depreciation and amortization)
 
$
161,269

 
$
918

 
$
162,187

Income (loss) from operations
 
601

 
(918
)
 
(317
)
Loss before (provision) benefit for income taxes and share of net income from joint venture
 
(16,628
)
 
(918
)
 
(17,546
)
Net income (loss)
 
(18,600
)
 
(918
)
 
(19,518
)
Foreign currency translation gain (loss)
 
1,262

 
59

 
1,321

Comprehensive income (loss)
 
(21,194
)
 
(859
)
 
(22,053
)
Basic net income (loss) per share
 
$
(0.44
)
 
$
(0.03
)
 
$
(0.47
)
Diluted net income (loss) per share
 
$
(0.44
)
 
$
(0.03
)
 
$
(0.47
)
The following table presents the effect of the correction of the misstatements on the Condensed Consolidated Statements of Changes in Stockholders’ Equity.
 
 
As Originally Reported
 
Adjustment
 
As Revised
As of and for the three months ended March 31, 2019
 
 
 
 
 
 
Additional paid-in capital
 
$
512,274

 
$
(5,832
)
 
$
506,442

Net income (loss)
 
(18,600
)
 
(918
)
 
(19,518
)
Accumulated deficit
 
(83,570
)
 
5,579

 
(77,991
)
Foreign currency translation gain (loss)
 
1,262

 
59

 
1,321

Accumulated other comprehensive income (loss)
 
(34,219
)
 
370

 
(33,849
)
Total stockholders' equity
 
394,909

 
117

 
395,026

The following table presents the effect of the correction of the misstatements on the Condensed Consolidated Statements of Cash Flows.
 
 
Three Months Ended March 31, 2019
 
 
As Originally Reported
 
Adjustment
 
As Revised
Net income (loss)
 
$
(18,600
)
 
$
(918
)
 
$
(19,518
)
Deferred income taxes
 
(4,373
)
 
(1,331
)
 
(5,704
)
Changes in operating assets and liabilities, net of acquisitions:
 
 
 
 
 
 
Inventories
 
(6,302
)
 
677

 
(5,625
)
     Income taxes receivable and payable, net
 
248

 
1,331

 
1,579

Other
 
4,941

 
241

 
5,182