XML 46 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Income Statement [Abstract]        
Net sales $ 101,988 $ 87,942 $ 184,635 $ 195,277
Cost of sales 90,671 72,732 169,004 157,148
Gross profit 11,317 15,210 15,631 38,129
Selling, general and administrative expense 5,918 5,941 11,358 11,971
Operating income 5,399 9,269 4,273 26,158
Other income (expense) 26 4 (37) (37)
Interest income 82 60 163 243
Interest expense (569) (867) (1,339) (1,824)
Income before income taxes 4,938 8,466 3,060 24,540
Income tax expense 1,756 2,919 1,089 8,017
Income from continuing operations 3,182 5,547 1,971 16,523
Discontinued operations:        
Income (loss) from operations of discontinued business 15 22 (2,647) (2,139)
Loss on sale of business     (12,083)  
Income tax expense (benefit) 5 8 (3,847) (683)
Income (loss) on discontinued operations 10 14 (10,883) (1,456)
Net income (loss) $ 3,192 $ 5,561 $ (8,912) $ 15,067
Basic earnings (loss) per share        
Continuing operations $ 0.34 $ 0.59 $ 0.21 $ 1.75
Discontinued operations     $ (1.15) $ (0.15)
Total $ 0.34 $ 0.59 $ (0.94) $ 1.60
Diluted earnings (loss) per share        
Continuing operations $ 0.33 $ 0.59 $ 0.21 $ 1.74
Discontinued operations     $ (1.14) $ (0.15)
Total $ 0.33 $ 0.59 $ (0.93) $ 1.59
Shares used in per share calculations:        
Basic 9,513 9,443 9,510 9,440
Diluted 9,605 9,481 9,596 9,474