XML 13 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 146,436 $ 151,314 $ 291,871 $ 334,031
Cost of sales 90,445 96,147 182,038 215,796
Gross margin 55,991 55,167 109,833 118,235
Distribution expenses 15,732 17,373 32,617 36,598
Selling, general and administrative expenses 35,863 38,258 73,770 77,746
Restructuring expenses 0 0 856 0
Income (loss) from operations 4,396 (464) 2,590 3,891
Interest expense (5,528) (3,732) (10,864) (7,499)
Mark to market gain (loss) on interest rate derivatives 197 304 (37) 1,353
Income (loss) before income taxes and equity in (losses) earnings 585 (3,892) (6,791) (2,255)
Income tax (provision) benefit (1,242) 98 106 (1,575)
Equity in (losses) earnings, net of taxes (5,863) 334 (8,640) 750
NET LOSS $ (6,520) $ (3,460) $ (15,325) $ (3,080)
Basic income (loss) per common share (usd per share) $ (0.31) $ (0.16) $ (0.72) $ (0.14)
Diluted income (loss) per common share (usd per share) $ (0.31) $ (0.16) $ (0.72) $ (0.14)
Term Loan        
Income Statement [Abstract]        
Gain on early retirement of debt $ 1,520   $ 1,520 $ 0
Gain on early retirement of debt $ 1,520   $ 1,520 $ 0