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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Net sales $ 92,390 $ 80,262 $ 338,587 $ 289,216
Cost of sales 99,675 116,641 322,917 329,630
Gross profit (loss) (7,285) (36,379) 15,670 (40,414)
Selling, general and administrative expense 7,975 9,962 26,752 31,730
Other expense (income), net 103 (409) 2,258 (20)
Operating loss (15,363) (45,932) (13,340) (72,124)
Interest expense, net 9,291 13,333 27,941 21,129
Non-operating other expense (income), net (844) 2,451 (409) 437
Loss from continuing operations before benefit for income taxes (23,810) (61,716) (40,872) (93,690)
Benefit for income taxes (6,698) (22,226) (10,741) (30,747)
Loss from continuing operations (17,112) (39,490) (30,131) (62,943)
Income from discontinued operations, net of taxes   173,041   196,644
Net income (loss) (17,112) 133,551 (30,131) 133,701
Dividends on convertible preferred stocks 75 75 225 225
Net income attributable to participating securities   1,920   1,718
Net income (loss) attributable to common stockholders $ (24,745) $ 112,047 $ (52,456) $ 92,787
Basic:        
Loss from continuing operations $ (0.91) $ (2.25) $ (1.93) $ (4.17)
Income from discontinued operations, net of taxes   6.39   7.89
Net income (loss) (0.91) 4.14 (1.93) 3.72
Diluted:        
Loss from continuing operations (0.91) (2.25) (1.93) (4.17)
Income from discontinued operations, net of taxes   6.39   7.89
Net income (loss) $ (0.91) $ 4.14 $ (1.93) $ 3.72
Series E Preferred Stock [Member]        
Dividends on Series E redeemable preferred stock $ 5,923 $ 7,372 $ 17,248 $ 22,351
Accretion of Series E redeemable preferred stock $ 1,635 $ 12,137 $ 4,852 $ 16,620