XML 23 R3.htm IDEA: XBRL DOCUMENT v3.20.1
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]    
Revenues $ 163,100,000 $ 179,800,000
Cost of goods sold 105,500,000 110,800,000
Restructuring charges - cost of goods sold 1,400,000 500,000
Gross profit 56,200,000 68,500,000
Research and development expenses 25,700,000 24,700,000
Selling and administrative expenses 36,200,000 37,600,000
Restructuring charges 3,900,000 1,800,000
Operating expenses 65,800,000 64,100,000
Operating (loss) earnings (9,600,000) 4,400,000
Interest expense, net 3,700,000 3,500,000
Other (income) expense, net (2,700,000) 1,000,000.0
Loss before income taxes and discontinued operations (10,600,000) (100,000)
Provision for income taxes 2,200,000 2,600,000
Loss from continuing operations (12,800,000) (2,700,000)
Earnings from discontinued operations, net 3,700,000 0
Net loss $ (9,100,000) $ (2,700,000)
Earnings per share:    
Earnings (loss) from continuing operations, per basic share $ (0.14) $ (0.03)
Earnings (loss) from continuing operations, per diluted share (0.14) (0.03)
Earnings from discontinued operations, per basic share 0.04 0
Earnings from discontinued operations, per diluted share 0.04 0
Net earnings (loss) per share, basic (0.10) (0.03)
Net earnings (loss) per share, diluted $ (0.10) $ (0.03)
Weighted-average common shares outstanding:    
Basic (in shares) 91,795,980 90,535,188
Diluted (in shares) 91,795,980 90,535,188