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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 704,542 $ 579,476 $ 592,619
Cost of sales 448,785 364,319 375,719
Gross margin 255,757 215,157 216,900
Distribution expenses 69,716 58,050 57,006
Selling, general and administrative expenses 162,933 140,903 130,397
Impairment of goodwill 2,205
Restructuring expenses 2,324 1,024 2,420
Income from operations 18,579 15,180 27,077
Interest expense (18,004) (4,291) (4,803)
Loss on early retirement of debt (66) (110) (272)
Income before income taxes and equity in earnings 509 10,779 22,002
Income tax provision (2,889) (9,032) (7,030)
Equity in earnings, net of taxes 660 407 748
NET (LOSS) INCOME $ (1,720) $ 2,154 $ 15,720
BASIC (LOSS) INCOME PER COMMON SHARE $ (0.09) $ 0.15 $ 1.11
DILUTED (LOSS) INCOME PER COMMON SHARE $ (0.09) $ 0.14 $ 1.08