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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

(Dollars in thousands, except per share amounts)

 

Year 2019

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Year

 

Net sales

 

$

357,693

 

 

$

352,499

 

 

$

352,014

 

 

$

310,281

 

 

$

1,372,487

 

Gross profit

 

$

33,122

 

 

$

39,995

 

 

$

16,047

 

 

$

26,898

 

 

$

116,062

 

Income (loss) from operations

 

$

18,639

 

 

$

24,031

 

 

$

(243

)

 

$

(92,486

)

 

$

(50,059

)

Consolidated income (loss) before income taxes

 

$

6,893

 

 

$

14,811

 

 

$

(11,416

)

 

$

(103,325

)

 

$

(93,037

)

Income tax (provision) benefit

 

$

(4,943

)

 

$

(7,541

)

 

$

4,785

 

 

$

4,276

 

 

$

(3,423

)

Consolidated net income (loss)

 

$

1,950

 

 

$

7,270

 

 

$

(6,631

)

 

$

(99,049

)

 

$

(96,460

)

Earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

(0.24

)

 

$

(0.04

)

 

$

(0.57

)

 

$

(4.25

)

 

$

(5.10

)

Diluted

 

$

(0.24

)

 

$

(0.04

)

 

$

(0.57

)

 

$

(4.25

)

 

$

(5.10

)

Dividends declared per share

 

$

0.09

 

 

$

0.09

 

 

$

-

 

 

$

-

 

 

$

0.18

 

 

 

Year 2018

 

First

Quarter

 

 

Second

Quarter

 

 

Third

Quarter

 

 

Fourth

Quarter

 

 

Year

 

Net sales

 

$

386,448

 

 

$

388,944

 

 

$

347,612

 

 

$

378,823

 

 

$

1,501,827

 

Gross profit

 

$

49,991

 

 

$

53,559

 

 

$

23,673

 

 

$

36,304

 

 

$

163,527

 

Income from operations

 

$

27,634

 

 

$

31,270

 

 

$

7,688

 

 

$

19,213

 

 

$

85,805

 

Consolidated income (loss) before income taxes

 

$

13,687

 

 

$

12,930

 

 

$

(7,714

)

 

$

13,349

 

 

$

32,252

 

Income tax (provision) benefit

 

$

(3,370

)

 

$

(4,795

)

 

$

7,051

 

 

$

(5,177

)

 

$

(6,291

)

Consolidated net income (loss)

 

$

10,317

 

 

$

8,135

 

 

$

(663

)

 

$

8,172

 

 

$

25,961

 

Earnings (loss) per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.07

 

 

$

(0.02

)

 

$

(0.37

)

 

$

0.61

 

 

$

0.29

 

Diluted

 

$

0.07

 

 

$

(0.02

)

 

$

(0.37

)

 

$

0.61

 

 

$

0.29

 

Dividends declared per share

 

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

$

0.09

 

 

$

0.36