XML 27 R4.htm IDEA: XBRL DOCUMENT v3.19.1
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Revenues $ 212,470 $ 137,212 $ 59,231
Cost of goods sold 144,903 100,304 26,569
Gross profit 67,567 36,908 32,662
Operating expenses:      
Salaries, benefits and payroll taxes 11,043 8,219 7,385
Depreciation and amortization 1,843 525 384
Selling, general and administrative 12,825 9,459 4,502
Change in the estimated fair value of contingent consideration (1,858) 0 0
Impairment of goodwill and indefinite-lived intangible asset 17,835 0 0
Total operating expenses 41,688 18,203 12,271
Operating income 25,879 18,705 20,391
Other income (expenses):      
Preferred stock interest expense 0 0 (5,565)
Interest expense, net (2,266) (450) (2,862)
Other income 197 462 8,860
Total other income (expenses), net (2,069) 12 433
Loss on extinguishment of debt 0 0 (1,051)
Income before income tax expense (benefit) 23,810 18,717 19,773
Income tax expense (benefit) 5,122 (2,809) 9,394
Net income $ 18,688 $ 21,526 $ 10,379
Net income per common share:      
Basic (in dollars per share) $ 0.46 $ 0.54 $ 0.43
Diluted (in dollars per share) $ 0.46 $ 0.53 $ 0.42
Weighted-average number of common shares:      
Basic (in shares) 40,427 40,208 24,322
Diluted (in shares) 40,449 40,304 24,579