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Summary of quarterly financial data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Summary of quarterly financial data (unaudited)  
Summary of quarterly financial data (unaudited)

 

                                                                                                                                                                                    

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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2017

 

2016

 

 

 

March 31

 

June 30

 

September 30

 

December 31

 

March 31

 

June 30

 

September 30

 

December 31

 

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(dollars in thousands, except per share amounts)

 

As Reported:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Sales

 

104,739

 

116,314

 

137,245

 

192,473

 

95,576

 

115,365

 

111,590

 

115,432

 

Gross profit

 

1,085

 

9,679

 

16,561

 

60,598

 

(12,975

)

(8,405

)

(6,910

)

(737

)

Research and development

 

829

 

943

 

1,338

 

(159

)

651

 

786

 

526

 

436

 

Selling and administrative expenses

 

11,683

 

12,195

 

13,322

 

12,279

 

13,794

 

13,423

 

12,215

 

18,352

 

Other expense (income), net

 

3,067

 

1,186

 

(643

)

(1,976

)

237

 

(1,198

)

(567

)

(660

)

Net income (loss)

 

(26,344

)

(17,383

)

(3,919

)

55,629

 

(36,375

)

(128,399

)

(22,967

)

(48,102

)

Net income (loss) per share

 

(0.09

)

(0.06

)

(0.01

)

0.18

 

(0.12

)

(0.42

)

(0.08

)

(0.16

)

Effect of Change:

 


 

 


 

 


 

 


 

 


 

 


 

 


 

 


 

 

Net Sales

 


 


 


 


 


 


 


 


 

Gross profit

 

201

 

201

 

201

 

(809

)

337

 

337

 

337

 

(2,223

)

Research and development

 

(8

)

(10

)

(9

)

532

 

(26

)

(26

)

(26

)

213

 

Selling and administrative expenses

 

(28

)

(26

)

(28

)

3,109

 

(97

)

(97

)

(100

)

1,025

 

Other expense (income), net

 

237

 

237

 

238

 

(4,450

)

460

 

460

 

463

 

(3,461

)

Net income (loss)

 

 

 

 

 

 

 

 

 

Net income (loss) per share

 

 

 

 

 

 

 

 

 

Revised:

 


 

 


 

 


 

 


 

 


 

 


 

 


 

 


 

 

Net Sales

 

104,739

 

116,314

 

137,245

 

192,473

 

95,576

 

115,365

 

111,590

 

115,432

 

Gross profit

 

1,286

 

9,880

 

16,762

 

59,789

 

(12,638

)

(8,068

)

(6,573

)

(2,960

)

Research and development

 

821

 

933

 

1,329

 

373

 

625

 

760

 

500

 

649

 

Selling and administrative expenses

 

11,655

 

12,169

 

13,294

 

15,388

 

13,697

 

13,326

 

12,115

 

19,377

 

Other expense (income), net

 

3,304

 

1,423

 

(405

)

(6,426

)

697

 

(738

)

(104

)

(4,121

)

​  

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​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

​  

Net income (loss)

 

(26,344

)

(17,383

)

(3,919

)

55,629

 

(36,375

)

(128,399

)

(22,967

)

(48,102

)

Net income (loss) per share

 

(0.09

)

(0.06

)

(0.01

)

0.18

 

(0.12

)

(0.42

)

(0.08

)

(0.16

)