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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 121,527 $ 103,199 $ 215,679 $ 203,649
Cost of sales 101,850 100,126 188,684 190,483
Gross profit 19,677 3,073 26,995 13,166
Selling, general and administrative expense 8,366 8,397 15,590 16,700
Other expense (income), net (34) 545 (11) 451
Operating income (loss) 11,345 (5,869) 11,416 (3,985)
Interest expense, net 11,315 11,693 22,302 20,999
Loss on extinguishment of debt   5,951   5,951
Non-operating other income, net (868) (331) (644) (1,240)
Income (loss) before provision (benefit) for income taxes 898 (23,182) (10,242) (29,695)
Provision (benefit) for income taxes (5,733) 4,324 (5,333) 3,402
Net income (loss) 6,631 (27,506) (4,909) (33,097)
Dividends on convertible preferred stocks 75 75 150 150
Net loss attributable to common stockholders $ (1,530) $ (35,011) $ (20,897) $ (48,614)
Basic and dilutive net loss per common share: $ (0.05) $ (1.27) $ (0.75) $ (1.77)
Series E Preferred Stock [Member]        
Dividends on Series E redeemable preferred stock $ 7,589 $ 6,628 $ 14,845 $ 12,966
Accretion of Series E redeemable preferred stock $ 497 $ 802 $ 993 $ 2,401