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Consolidated Statements of Operations (USD $)
In Thousands, except Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Net sales$ 53,495$ 47,448$ 148,541$ 128,338
Cost of sales37,00132,22196,63986,070
Gross profit16,49415,22751,90242,268
Selling, general, and administrative expense6,5356,81919,19520,527
Intangibles amortization1,3001,5413,9014,621
Management fees-related party1157376,370
Income from operations8,6486,81028,76910,750
Interest expense, net(2,332)(2,334)(6,678)(9,038)
Loss on extinguishment of debt  (673)(7,967)
Other expense, net(25)(12)(202)(7)
Income (loss) before taxes6,2914,46421,216(6,262)
Income tax expense (benefit)2,3242,2798,326(2,803)
Net income (loss)3,9672,18512,890(3,459)
Less net income attributable to participating securities51 271 
Net income (loss) attributable to common shareholders$ 3,916$ 2,185$ 12,619$ (3,459)
Weighted average number of common shares outstanding:    
Basic (in shares)21,760,75321,158,57321,609,81017,963,720
Diluted (in shares)21,838,06221,546,76721,755,55217,963,720
Earnings (loss) per common share:    
Basic (in dollars per share)$ 0.18$ 0.10$ 0.59$ (0.19)
Diluted (in dollars per share)$ 0.18$ 0.10$ 0.57$ (0.19)
Cash dividends declared and paid per share (in dollars per share)$ 0.20$ 0.18$ 0.97$ 0.18