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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Net Sales $ 148,651 $ 117,393 $ 266,820 $ 230,749
Cost of sales 96,573 74,596 169,655 144,011
Gross margin 52,078 42,797 97,165 86,738
Distribution expenses 14,942 12,582 32,764 26,015
Selling, general and administrative expenses 40,042 33,102 80,217 65,484
Restructuring expenses 395 254 801 254
Loss from operations (3,301) (3,141) (16,617) (5,015)
Interest expense (4,676) (1,001) (6,779) (1,942)
Loss on early retirement of debt   (110) (66) (110)
Loss before income taxes and equity in earnings (7,977) (4,252) (23,462) (7,067)
Income tax benefit 1,765 1,698 5,575 2,642
Equity in earnings, net of taxes 155 458 232 998
NET LOSS $ (6,057) $ (2,096) $ (17,655) $ (3,427)
BASIC LOSS PER COMMON SHARE $ (0.30) $ (0.14) $ (0.96) $ (0.24)
DILUTED LOSS PER COMMON SHARE (0.30) (0.14) (0.96) (0.24)
Cash dividends declared per common share $ 0.0425 $ 0.0425 $ 0.0850 $ 0.0850