XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 141,666 $ 146,436 $ 283,908 $ 291,871
Cost of sales 87,116 90,445 171,811 182,038
Gross margin 54,550 55,991 112,097 109,833
Distribution expenses 15,052 15,732 31,233 32,617
Selling, general and administrative expenses 38,331 35,863 77,867 73,770
Restructuring expenses 0 0 0 856
Income from operations 1,167 4,396 2,997 2,590
Interest expense (5,157) (5,528) (10,771) (10,864)
Mark to market (loss) gain on interest rate derivatives (82) 197 (256) (37)
Gain on extinguishments of debt, net     0 1,520
Loss on equity securities (14,152) 0 (14,152) 0
(Loss) income before income taxes and equity in losses (18,224) 585 (22,182) (6,791)
Income tax benefit (provision) 57 (1,242) (153) 106
Equity in losses, net of taxes 0 (5,863) (2,092) (8,640)
NET LOSS $ (18,167) $ (6,520) $ (24,427) $ (15,325)
Basic income (loss) per common share (usd per share) $ (0.85) $ (0.31) $ (1.14) $ (0.72)
Diluted income (loss) per common share (usd per share) $ (0.85) $ (0.31) $ (1.14) $ (0.72)