XML 17 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Revenues $ 36,781 $ 43,362 $ 66,748 $ 99,422
Cost of sales 34,442 39,490 64,426 89,176
Restructuring 116   231  
Gross profit 2,223 3,872 2,091 10,246
OPERATING EXPENSES:        
Selling, general and administrative 2,495 3,917 6,393 8,337
Impairment charges 4,993   4,993  
Intangible amortization 471 471 942 822
Restructuring     36  
Total operating expenses 7,959 4,388 12,364 9,159
Operating (loss) income (5,736) (516) (10,273) 1,087
OTHER (EXPENSE) INCOME, net:        
Interest expense, net (352) (217) (650) (356)
Other, net (1) 29 (4) 29
Total other expense, net (353) (188) (654) (327)
Net (loss) income before benefit for income taxes (6,089) (704) (10,927) 760
Benefit for income taxes (6) (16) (33) (5,034)
(LOSS) INCOME FROM CONTINUING OPERATIONS (6,083) (688) (10,894) 5,794
LOSS FROM DISCONTINUED OPERATIONS (33) (92) (60) (247)
NET (LOSS) INCOME $ (6,116) $ (780) $ (10,954) $ 5,547
NET (LOSS) INCOME PER COMMON SHARE—BASIC:        
(Loss) income from continuing operations (in dollars per share) $ (0.40) $ (0.05) $ (0.71) $ 0.39
Loss from discontinued operations (in dollars per share) 0.00 0.00 0.00 (0.02)
Net (loss) income (in dollars per share) $ (0.40) $ (0.05) $ (0.71) $ 0.37
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC (in shares) 15,420,704 15,013,768 15,339,420 14,971,796
NET (LOSS) INCOME PER COMMON SHARE-DILUTED:        
(Loss) income from continuing operations (in dollars per share) $ (0.40) $ (0.05) $ (0.71) $ 0.38
Loss from discontinued operations (in dollars per share) 0.00 0.00 0.00 (0.02)
Net (loss) income (in dollars per share) $ (0.40) $ (0.05) $ (0.71) $ 0.36
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-DILUTED (in shares) 15,420,704 15,013,768 15,339,420 15,322,101