XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net sales $ 73,969 $ 75,495 $ 262,413 $ 291,174
Cost of sales 75,028 85,228 241,900 273,912
Gross profit (loss) (1,059) (9,733) 20,513 17,262
Selling, general and administrative expense 7,068 9,115 25,578 24,705
Other expense, net 875 383 240 372
Operating loss (9,002) (19,231) (5,305) (7,815)
Interest expense, net 12,554 12,007 38,509 34,309
Non-operating other expense (income), net 216 39 (587) (605)
Loss before benefit for income taxes (21,772) (31,277) (43,227) (41,519)
Benefit for income taxes (1,370) (483) (3,008) (5,816)
Net loss (20,402) (30,794) (40,219) (35,703)
Dividends on convertible preferred stocks 75 75 225 225
Net loss attributable to common stockholders $ (29,874) $ (39,133) $ (67,846) $ (60,030)
Basic and dilutive net loss per common share $ (1.06) $ (1.39) $ (2.41) $ (2.14)
Series E Preferred Stock [Member]        
Dividends on Series E redeemable preferred stock $ 8,889 $ 7,764 $ 25,885 $ 22,609
Accretion of Series E redeemable preferred stock $ 508 $ 500 $ 1,517 $ 1,493