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v3.7.0.1

Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended
--- | ---
Mar. 31, 2017 | Mar. 31, 2016
Net sales | $ 113,356 | $ 110,925
Cost of sales | 69,415 | 70,374
Gross margin | 43,941 | 40,551
Distribution expenses | 13,433 | 13,317
Selling, general and administrative expenses | 32,382 | 31,808
Restructuring expenses | 0 | 641
Loss from operations | (1,874) | (5,215)
Interest expense (Note D) | (941) | (1,193)
Loss before income taxes and equity in earnings | (2,815) | (6,408)
Income tax benefit (Note H) | 944 | 2,270
Equity in earnings (losses), net of taxes (Note B) | 540 | (150)
NET LOSS | $ (1,331) | $ (4,288)
BASIC LOSS PER COMMON SHARE (NOTE G) | $ (0.09) | $ (0.31)
DILUTED LOSS PER COMMON SHARE (NOTE G) | (0.09) | (0.31)
Cash dividends declared per common share | $ 0.0425 | $ 0.0425

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