XML 17 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 454,272 $ 355,047 $ 312,113
Cost of sales 271,641 207,655 183,825
Gross profit 182,631 147,392 128,288
Operating expenses 143,610 120,598 107,748
Operating income 39,021 26,794 20,540
Change in fair value of derivative instrument 1,401    
Interest expense, net 4,024 1,941 1,623
Income before provision for income taxes and loss on equity investments 33,596 24,853 18,917
Provision for income taxes 9,145 4,443 5,540
Income before loss on equity investments 24,451 20,410 13,377
Less net loss from equity method investments 389 49 353
Net income 24,062 20,361 13,024
Net loss (income) attributable to non-controlling interest 133 (87) (236)
Net income attributable to American Vanguard $ 24,195 $ 20,274 $ 12,788
Earnings per common share—basic $ 0.83 $ 0.70 $ 0.44
Earnings per common share—assuming dilution $ 0.81 $ 0.68 $ 0.44
Weighted average shares outstanding—basic 29,326 29,100 28,859
Weighted average shares outstanding—assuming dilution 30,048 29,703 29,394