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Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales $ 129,162 $ 147,933 $ 259,935 $ 291,515
Costs and expenses:        
Cost of goods sold 81,566 99,800 165,231 193,601
Selling and administrative expenses 43,382 45,969 86,761 88,183
Goodwill impairment charge 0 24,458 0 24,458
Intangible assets impairment charge 0 5,581 0 5,581
Other periodic pension costs 214 528 428 1,056
Interest expense 2,624 583 5,194 882
Costs and Expenses, Excluding Gain on Sale of Property Plant and Equipment 127,786 176,919 257,614 313,761
Income (loss) before income tax expense 1,376 (28,986) 2,321 (22,246)
Income tax expense (benefit) 163 (2,311) 220 (801)
Net income (loss) $ 1,213 $ (26,675) $ 2,101 $ (21,445)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.08 $ (1.70) $ 0.13 $ (1.37)
Diluted (in dollars per share) $ 0.08 $ (1.70) $ 0.13 $ (1.37)
Weighted average shares outstanding during the period:        
Weighted average number of shares outstanding during the period, basic (in shares) 15,987,007 15,732,264 15,935,001 15,705,646
Weighted average number of shares outstanding during the period, diluted (in shares) 16,124,816 15,732,264 16,121,573 15,705,646
Other comprehensive income (loss), net of tax:        
Recognition of net losses included in net periodic pension costs $ 41 $ 319 $ 82 $ 638
Loss on cash flow hedging activities 0 (5) 0 (10)
Foreign currency translation adjustment 277 (763) 584 99
Other comprehensive income (loss) 318 (449) 666 727
Comprehensive income (loss) $ 1,531 $ (27,124) $ 2,767 $ (20,718)
Cash dividends per common share (in dollars per share) $ 0.14 $ 0.14 $ 0.28 $ 0.26
Net sales $ 129,162 $ 147,933 $ 259,935 $ 291,515