XML 20 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Net sales $ 374,585 $ 437,695 $ 495,888
Cost of sales 423,891 417,647 430,423
Gross profit (loss) (49,306) 20,048 65,465
Selling, general and administrative expense 40,168 49,813 38,991
Impairments of long-lived assets and goodwill 1,621 43,188  
Property insurance recovery in excess of losses incurred     (5,147)
Other expense (income), net (872) (1,787) 1,044
Operating income (loss) (90,223) (71,166) 30,577
Interest expense, net 30,945 7,371 21,599
Loss on extinguishment of debt 8,703    
Non-operating other expense (income), net 218 129 (281)
Income (loss) from continuing operations before provision (benefit) for income taxes and equity in earnings of affiliate (130,089) (78,666) 9,259
Provision (benefit) for income taxes (41,956) (32,520) 4,251
Equity in earnings of affiliate     (79)
Income (loss) from continuing operations (88,133) (46,146) 5,087
Income from discontinued operations, net of taxes 200,301 11,381 14,547
Net income (loss) 112,168 (34,765) 19,634
Dividends on convertible preferred stocks 300 300 300
Dividends on Series E redeemable preferred stock 27,761 2,287  
Accretion of Series E redeemable preferred stock 18,256 686  
Net income attributable to participating securities 1,091    
Net income (loss) attributable to common stockholders $ 64,760 $ (38,038) $ 19,334
Basic:      
Income (loss) from continuing operations $ (5.28) $ (2.17) $ 0.21
Income from discontinued operations, net of taxes 7.82 0.50 0.65
Net income (loss) 2.54 (1.67) 0.86
Diluted:      
Income (loss) from continuing operations (5.28) (2.17) 0.21
Income from discontinued operations, net of taxes 7.82 0.50 0.64
Net income (loss) $ 2.54 $ (1.67) $ 0.85
Series E Preferred Stock [Member]      
Dividends on Series E redeemable preferred stock $ 27,761 $ 2,287  
Accretion of Series E redeemable preferred stock $ 18,256 $ 686