XML 25 R4.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net sales $ 75,495 $ 79,781 $ 291,174 $ 283,430
Cost of sales 85,228 89,523 273,912 280,006
Gross profit (loss) (9,733) (9,742) 17,262 3,424
Selling, general and administrative expense 9,115 9,080 24,705 25,780
Other expense (income), net 383 (2,265) 372 (1,814)
Operating loss (19,231) (16,557) (7,815) (20,542)
Interest expense, net 12,007 11,009 34,309 32,008
Loss on extinguishment of debt       5,951
Non-operating other expense (income), net 39 944 (605) (296)
Loss before provision (benefit) for income taxes (31,277) (28,510) (41,519) (58,205)
Provision (benefit) for income taxes (483) (2,426) (5,816) 976
Net loss (30,794) (26,084) (35,703) (59,181)
Dividends on convertible preferred stocks 75 75 225 225
Net loss attributable to common stockholders $ (39,133) $ (33,422) $ (60,030) $ (82,036)
Basic and dilutive net loss per common share $ (1.39) $ (1.22) $ (2.14) $ (2.98)
Series E Preferred Stock [Member]        
Dividends on Series E redeemable preferred stock $ 7,764 $ 6,782 $ 22,609 $ 19,748
Accretion of Series E redeemable preferred stock $ 500 $ 481 $ 1,493 $ 2,882