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Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Net income (loss) $ 27,902 [1] $ 20,312 [2] $ (10,163)
Other comprehensive income (loss), net of tax:      
Pension liability adjustment 16 (115) 57
Unrealized gain (loss) on cash flow hedges (59) 24 (19)
Other comprehensive income (loss), net of tax (43) (91) 38
Comprehensive income (loss) $ 27,859 $ 20,221 $ (10,125)
[1] Net income for the third quarter of 2019 includes $2.3 million of proceeds related to a legal settlement involving certain pipe produced at the Company's former Houston, Texas and Bossier City, Louisiana facilities and gain on insurance proceeds of $0.4 million resulting from the fire at the Company's Saginaw, Texas facility. Net income for the fourth quarter of 2019 includes gain on insurance proceeds of $1.2 million resulting from the fire at the Company's Saginaw, Texas facility.
[2] Net income for the third quarter of 2018 includes a preliminary bargain purchase gain of $21.9 million. Net income for the fourth quarter of 2018 includes a measurement period adjustment of $1.8 million to decrease the bargain purchase gain.