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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net sales $ 147,933 $ 130,787 $ 291,515 $ 271,634
Costs and expenses:        
Cost of goods sold 99,800 83,629 193,601 175,433
Selling and administrative expenses 45,969 33,906 88,183 69,017
Goodwill impairment charge 24,458 0 24,458 0
Intangible assets impairment charge 5,581 0 5,581 0
Other periodic pension costs 528 440 1,056 869
Pension plan termination charge 0 6,945 0 6,945
Interest expense 583 330 882 605
Costs and Expenses, Excluding Gain on Sale of Property Plant and Equipment 176,919 125,250 313,761 252,869
Income (loss) before taxes on income (28,986) 5,537 (22,246) 18,765
Income tax benefit (2,311) (840) (801) 1,910
Net income (loss) $ (26,675) $ 6,377 $ (21,445) $ 16,855
Net income (loss) per share:        
Net income per share, basic (in dollars per share) $ (1.70) $ 0.41 $ (1.37) $ 1.10
Net income per share, diluted (in dollars per share) $ (1.70) $ 0.40 $ (1.37) $ 1.05
Weighted average shares outstanding during the period:        
Weighted average number of shares outstanding during the period, basic (in shares) 15,732,264 15,433,412 15,705,646 15,327,374
Weighted average number of shares outstanding during the period, diluted (in shares) 15,732,264 16,087,736 15,705,646 16,039,605
Other comprehensive income (loss), net of tax:        
Recognition of net losses included in net periodic pension costs $ 319 $ 391 $ 638 $ 1,105
Recognition of net losses included in pension plan termination charges 0 5,230 0 5,230
Loss on cash flow hedging activities (5) (6) (10) (11)
Foreign currency translation adjustment (763) 1,033 99 386
Other comprehensive income (loss) (449) 6,648 727 6,710
Comprehensive income (loss) $ (27,124) $ 13,025 $ (20,718) $ 23,565
Cash dividends per common share (in dollars per share) $ 0.14 $ 0.12 $ 0.26 $ 0.22
Net sales $ 147,933 $ 130,787 $ 291,515 $ 271,634