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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) (UNAUDITED) - USD ($)
shares in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues $ 93,257,000 $ 100,346,000 $ 287,291,000 $ 347,498,000
Cost and expenses:        
Cost of sales 65,630,000 63,050,000 202,824,000 233,039,000
Selling, general and administrative 31,566,000 27,985,000 83,359,000 85,060,000
Engineering and product development 10,159,000 10,379,000 30,133,000 32,537,000
Impairment and other charges 0 60,968,000 0 60,968,000
Gain on sale of assets (14,000) 9,000 (5,113,000) (79,000)
Total costs and expenses 107,341,000 162,391,000 311,203,000 411,525,000
Operating loss (14,084,000) (62,045,000) (23,912,000) (64,027,000)
Interest income 1,893,000 957,000 5,965,000 2,963,000
Interest expense (195,000) (12,000) (545,000) (44,000)
Loss before income taxes (12,386,000) (61,100,000) (18,492,000) (61,108,000)
Income tax provision (benefit) (2,028,000) (31,840,000) 2,291,000 (31,959,000)
Net loss $ (10,358,000) $ (29,260,000) $ (20,783,000) $ (29,149,000)
Loss per common share:        
Basic (in dollars per share) $ (0.28) $ (0.78) $ (0.56) $ (0.78)
Diluted (in dollars per share) $ (0.28) $ (0.78) $ (0.56) $ (0.78)
Weighted average common shares outstanding:        
Basic (in shares) 37,119 37,528 37,349 37,527
Diluted (in shares) 37,119 37,528 37,349 37,527
Products        
Revenues $ 63,246,000 $ 75,885,000 $ 199,010,000 $ 269,570,000
Cost and expenses:        
Cost of sales 47,859,000 48,761,000 151,290,000 190,214,000
Services        
Revenues 30,011,000 24,461,000 88,281,000 77,928,000
Cost and expenses:        
Cost of sales $ 17,771,000 $ 14,289,000 $ 51,534,000 $ 42,825,000