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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Net sales $ 80,262 $ 88,567 $ 289,216 $ 347,670
Cost of sales 116,641 100,365 329,630 326,053
Gross profit (loss) (36,379) (11,798) (40,414) 21,617
Selling, general and administrative expense 9,962 11,602 31,730 37,348
Impairment of natural gas properties   39,670   39,670
Other income, net (409) (866) (20) (1,357)
Operating loss (45,932) (62,204) (72,124) (54,044)
Interest expense, net 13,333 872 21,129 6,498
Non-operating other expense (income), net 2,451 (23) 437 (103)
Loss from continuing operations before benefit for income taxes (61,716) (63,053) (93,690) (60,439)
Benefit for income taxes (22,226) (26,632) (30,747) (25,381)
Loss from continuing operations (39,490) (36,421) (62,943) (35,058)
Income from discontinued operations, net of taxes 173,041 2,658 196,644 8,361
Net income (loss) 133,551 (33,763) 133,701 (26,697)
Dividends on convertible preferred stocks 75   225 300
Dividend on Series E redeemable preferred stock     22,351  
Accretion of Series E redeemable preferred stock     16,620  
Net income attributable to participating securities 1,920   1,718  
Net income (loss) attributable to common stockholders $ 112,047 $ (33,763) $ 92,787 $ (26,997)
Basic:        
Loss from continuing operations $ (2.25) $ (1.60) $ (4.17) $ (1.56)
Income from discontinued operations, net of taxes 6.39 0.12 7.89 0.37
Net income (loss) 4.14 (1.48) 3.72 (1.19)
Diluted:        
Loss from continuing operations (2.25) (1.60) (4.17) (1.56)
Income from discontinued operations, net of taxes 6.39 0.12 7.89 0.37
Net income (loss) $ 4.14 $ (1.48) $ 3.72 $ (1.19)
Series E Preferred Stock [Member]        
Dividend on Series E redeemable preferred stock $ 7,372   $ 22,351  
Accretion of Series E redeemable preferred stock $ 12,137   $ 16,620