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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Net sales $ 110,925 $ 117,657
Cost of sales 70,374 72,749
Gross margin 40,551 44,908
Distribution expenses 13,317 13,483
Selling, general and administrative expenses 31,808 33,596
Restructuring expenses 641  
Loss from operations (5,215) (2,171)
Interest expense (Note D) (1,193) (1,431)
Financing expense   (154)
Loss before income taxes and equity in earnings (6,408) (3,756)
Income tax benefit (Note H) 2,270 1,363
Equity in earnings (losses), net of taxes (Note B) (150) 288
NET LOSS $ (4,288) $ (2,105)
BASIC LOSS PER COMMON SHARE (NOTE G) $ (0.31) $ (0.15)
DILUTED LOSS PER COMMON SHARE (NOTE G) (0.31) (0.15)
Cash dividends declared per common share $ 0.0425 $ 0.0375