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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales $ 122,853 $ 109,982 $ 246,197 $ 208,954
Cost of sales 111,513 107,853 223,242 212,989
Gross profit (loss) 11,340 2,129 22,955 (4,035)
Selling, general and administrative expense 8,232 10,874 18,777 21,768
Other expense, net 3,406 138 2,155 389
Operating income (loss) (298) (8,883) 2,023 (26,192)
Interest expense, net 9,292 6,446 18,650 7,796
Non-operating other expense (income), net 204 (3,970) 435 (2,014)
Loss from continuing operations before benefit for income taxes (9,794) (11,359) (17,062) (31,974)
Benefit for income taxes (2,761) (3,671) (4,043) (8,521)
Loss from continuing operations (7,033) (7,688) (13,019) (23,453)
Income from discontinued operations, including taxes   22,779   23,603
Net income (loss) (7,033) 15,091 (13,019) 150
Dividends on convertible preferred stocks 75 75 150 150
Net income attributable to participating securities   91    
Net income (loss) attributable to common stockholders $ (14,515) $ 5,055 $ (27,711) $ (19,463)
Basic:        
Loss from continuing operations $ (0.53) $ (0.70) $ (1.02) $ (1.81)
Income from discontinued operations, including taxes   0.90   0.99
Net income (loss) (0.53) 0.20 (1.02) (0.82)
Diluted:        
Loss from continuing operations (0.53) (0.70) (1.02) (1.81)
Income from discontinued operations, including taxes   0.90   0.99
Net income (loss) $ (0.53) $ 0.20 $ (1.02) $ (0.82)
Series E Preferred Stock [Member]        
Dividends on Series E redeemable preferred stock $ 5,789 $ 7,629 $ 11,325 $ 14,979
Accretion of Series E redeemable preferred stock $ 1,618 $ 2,241 $ 3,217 $ 4,484