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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Net sales $ 53,846 $ 101,988 $ 138,711 $ 184,635
Cost of sales 56,439 90,671 137,413 169,004
Gross profit (loss) (2,593) 11,317 1,298 15,631
Selling, general and administrative expense 5,452 $ 5,918 12,426 $ 11,358
Impairment of goodwill 5,282   5,282  
Operating income (loss) (13,327) $ 5,399 (16,410) $ 4,273
Other income (expense) 14 26 58 (37)
Interest income 81 82 163 163
Interest expense (286) (569) (703) (1,339)
Income (loss) before income taxes (13,518) 4,938 (16,892) 3,060
Income tax expense (benefit) (1,439) 1,756 (2,712) 1,089
Income (loss) from continuing operations $ (12,079) 3,182 $ (14,180) 1,971
Discontinued operations:        
Income (loss) from operations of discontinued business   $ 15   (2,647)
Loss on sale of business       (12,083)
Income tax expense (benefit)   $ 5   (3,847)
Income (loss) on discontinued operations   10   (10,883)
Net income (loss) $ (12,079) $ 3,192 $ (14,180) $ (8,912)
Basic income (loss) per share        
Continuing operations (in dollars per share) $ (1.26) $ 0.34 $ (1.48) $ 0.21
Discontinued operations (in dollars per share)       (1.15)
Total (in dollars per share) $ (1.26) $ 0.34 $ (1.48) (0.94)
Diluted income (loss) per share        
Continuing operations (in dollars per share) $ (1.26) $ 0.33 $ (1.48) 0.21
Discontinued operations (in dollars per share)       (1.14)
Total (in dollars per share) $ (1.26) $ 0.33 $ (1.48) $ (0.93)
Shares used in per share calculations:        
Basic (in shares) 9,557 9,513 9,555 9,510
Diluted (in shares) 9,557 9,605 9,555 9,596