XML 18 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales $ 437,695 $ 495,888 $ 416,223
Cost of sales 417,647 430,423 369,387
Gross profit 20,048 65,465 46,836
Selling, general and administrative expense 49,589 38,840 35,867
Provisions for losses (recovery of) on accounts receivable 224 151 (39)
Impairment of long-lived assets 43,188    
Property insurance recoveries in excess of losses incurred   (5,147) (66,255)
Other expense (income), net (1,787) 1,044 3,524
Operating income (loss) (71,166) 30,577 73,739
Interest expense, net 7,371 21,599 13,301
Loss on extinguishment of debt     1,296
Non-operating other expense (income), net 129 (281) 23
Income (loss) from continuing operations before provisions (benefit)for income taxes and equity in earnings of affiliate (78,666) 9,259 59,119
Provisions (benefit) for income taxes (32,520) 4,251 23,955
Equity in earnings of affiliate   (79) (436)
Income (loss) from continuing operations (46,146) 5,087 35,600
Income from discontinued operations, including taxes 11,381 14,547 19,362
Net income (loss) (34,765) 19,634 54,962
Dividends on convertible preferred stocks 300 300 300
Dividends on Series E redeemable preferred stock 2,287    
Accretion of Series E redeemable preferred stock 686    
Net income (loss) attributable to common stockholders $ (38,038) $ 19,334 $ 54,662
Basic:      
Income (loss) from continuing operations $ (2.17) $ 0.21 $ 1.57
Income from discontinued operations, including taxes 0.50 0.65 0.86
Net income (loss) (1.67) 0.86 2.43
Diluted:      
Income (loss) from continuing operations (2.17) 0.21 1.51
Income from discontinued operations, including taxes 0.50 0.64 0.82
Net income (loss) $ (1.67) $ 0.85 $ 2.33
Series E Preferred Stock [Member]      
Dividends on Series E redeemable preferred stock $ 2,287    
Accretion of Series E redeemable preferred stock $ 686