XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenue $ 172,246 $ 137,420 $ 327,420 $ 251,937
Cost of sales 123,673 105,216 240,228 193,548
Gross profit 48,573 32,204 87,192 58,389
Operating expenses        
Selling, general and administrative expenses 43,497 42,184 87,802 83,658
Gain on disposal of assets and other (908) (360) (886) (1,269)
Total operating expenses 42,589 41,824 86,916 82,389
Operating income (loss) 5,984 (9,620) 276 (24,000)
Other expense (income)        
Interest expense 7,842 7,775 15,466 16,937
Foreign exchange and other losses (gains), net (12,838) (939) (18,824) 2,531
Loss on extinguishment of debt 0 4,161 0 5,094
Total other expense (income), net (4,996) 10,997 (3,358) 24,562
Income (loss) before income taxes 10,980 (20,617) 3,634 (48,562)
Income tax expense 1,716 1,189 3,569 2,907
Net income (loss) $ 9,264 $ (21,806) $ 65 $ (51,469)
Weighted average shares outstanding        
Basic (in shares) 5,747 5,638 5,715 5,625
Diluted (in shares) 10,481 5,638 5,910 5,625
Earnings (loss) per share        
Basic (in USD per share) $ 1.61 $ (3.87) $ 0.01 $ (9.15)
Diluted (in USD per share) $ 1.15 $ (3.87) $ 0.01 $ (9.15)
Other comprehensive income (loss), net of tax:        
Net income (loss) $ 9,264 $ (21,806) $ 65 $ (51,469)
Change in foreign currency translation, net of tax of $0 (16,518) 66 (23,510) 3,218
Gain (loss) on pension liability 57 (21) 87 56
Comprehensive loss $ (7,197) $ (21,761) $ (23,358) $ (48,195)