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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 134,610 $ 104,555 $ 250,765 $ 200,517
Cost of sales (82,471) (64,249) (153,495) (121,830)
Gross profit 52,139 40,306 97,270 78,687
Operating expenses (43,080) (33,579) (84,524) (70,124)
Adjustment to bargain purchase gain on business acquisition (88)   (121)  
Operating income 8,971 6,727 12,625 8,563
Change in fair value of an equity investment (295) 24 771 24
Other income     672  
Interest expense, net (1,013) (1,274) (1,959) (2,782)
Income before provision for income taxes and loss on equity method investment 7,663 5,477 12,109 5,805
Income tax expense (2,445) (1,565) (3,807) (1,360)
Income before loss on equity method investment 5,218 3,912 8,302 4,445
Loss from equity method investment (74) (25) (87) (38)
Net income attributable to American Vanguard $ 5,144 $ 3,887 $ 8,215 $ 4,407
Earnings per common share—basic $ 0.17 $ 0.13 $ 0.28 $ 0.15
Earnings per common share—assuming dilution $ 0.17 $ 0.13 $ 0.27 $ 0.15
Weighted average shares outstanding—basic 29,930 29,413 29,834 29,350
Weighted average shares outstanding—assuming dilution 30,499 29,854 30,511 29,904