XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net sales $ 248,296 $ 429,151 $ 602,676 $ 875,070
Costs and expenses        
Cost of materials sold (excludes items shown separately below) 196,237 351,494 478,759 717,876
Warehouse and processing 19,626 25,123 42,702 50,734
Administrative and general 17,011 19,396 36,070 39,525
Distribution 9,618 12,495 21,907 25,330
Selling 5,923 7,420 12,733 14,760
Occupancy 2,439 2,466 5,099 5,264
Depreciation 4,559 4,488 9,075 8,919
Amortization 368 329 765 648
Total costs and expenses 255,781 423,211 607,110 863,056
Operating income (loss) (7,485) 5,940 (4,434) 12,014
Other loss, net (26) (59) (43) (45)
Income (loss) before interest and income taxes (7,511) 5,881 (4,477) 11,969
Interest and other expense on debt 1,891 3,174 4,130 6,416
Income (loss) before income taxes (9,402) 2,707 (8,607) 5,553
Income tax provision (benefit) (2,948) 626 (2,746) 1,398
Net income (loss) (6,454) 2,081 (5,861) 4,155
Loss on cash flow hedge (74) (1,739) (3,471) (3,196)
Tax effect on cash flow hedge 19 452 868 831
Total comprehensive income (loss) $ (6,509) $ 794 $ (8,464) $ 1,790
Earnings per share:        
Net income (loss) per share - basic (in dollars per share) $ (0.56) $ 0.18 $ (0.51) $ 0.36
Weighted average shares outstanding - basic (in shares) 11,446 11,415 11,445 11,482
Net income (loss) per share - diluted (in dollars per share) $ (0.56) $ 0.18 $ (0.51) $ 0.36
Weighted average shares outstanding - diluted (in shares) 11,446 11,415 11,445 11,482
Dividends declared per share of common stock (in dollars per share) $ 0.02 $ 0.02 $ 0.04 $ 0.04