XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 54,926 $ 41,169 $ 103,560 $ 82,829
Cost of sales 49,509 37,277 91,971 75,388
Restructuring       12
Gross profit 5,417 3,892 11,589 7,429
OPERATING EXPENSES:        
Selling, general and administrative 4,198 3,895 8,507 7,723
Intangible amortization 184 203 367 406
Total operating expenses 4,382 4,098 8,874 8,129
Operating income (loss) 1,035 (206) 2,715 (700)
OTHER EXPENSE, net:        
Interest expense, net (474) (773) (1,147) (1,309)
Other, net (1) (16) (3) (17)
Total other expense, net (475) (789) (1,150) (1,326)
Net income (loss) before provision for income taxes 560 (995) 1,565 (2,026)
Provision for income taxes 31 23 83 34
NET INCOME (LOSS) $ 529 $ (1,018) $ 1,482 $ (2,060)
NET INCOME (LOSS) PER COMMON SHARE—BASIC:        
Net income (loss) (in dollars per share) $ 0.03 $ (0.06) $ 0.09 $ (0.13)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC (in shares) 16,760,702 16,045,790 16,678,469 15,916,590
NET INCOME ( LOSS) PER COMMON SHARE—DILUTED:        
Net income (loss) (in dollars per share) $ 0.03 $ (0.06) $ 0.09 $ (0.13)
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-DILUTED (in shares) 17,124,619 16,045,790 16,933,805 15,916,590