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CONDENSED CONSOLIDATED AND COMBINED STATEMENTS OF LOSS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Net sales $ 18,385   $ 46,796  
Cost of sales (excluding amortization, shown separately below) 15,833   39,653  
Gross profit 2,552   7,143  
Research and development expenses 3,808   8,237  
Selling, general, and administrative expenses 14,546   34,212  
Amortization of intangibles 9,899   19,798  
Change in fair value of contingent consideration (300)   (3,400) $ 0
Operating (loss) income (25,401)   (51,704)  
Other income (1)   54  
Loss on foreign currency exchange (1,072)   (242)  
Interest expense, net (14,316)   (29,324)  
(Loss) income before income taxes (40,790)   (81,216)  
(Benefit) provision for income taxes (15,626)   (30,915)  
Net loss $ (25,164)   $ (50,301)  
Net loss per common share:        
Basic (in dollars per share) $ (0.51)   $ (1.02)  
Diluted (in dollars per share) $ (0.51)   $ (1.02)  
Weighted average shares outstanding        
Basic (in shares) 49,279,167   49,294,817  
Diluted (in shares) 49,279,167   49,294,817  
Predecessor        
Net sales   $ 17,729   50,525
Cost of sales (excluding amortization, shown separately below)   5,110   10,117
Gross profit   12,619   40,408
Research and development expenses   5,932   10,515
Selling, general, and administrative expenses   8,500   14,862
Amortization of intangibles   7,218   14,485
Change in fair value of contingent consideration   0   0
Operating (loss) income   (9,031)   546
Other income   7   6
Loss on foreign currency exchange   0   0
Interest expense, net   0   0
(Loss) income before income taxes   (9,024)   552
(Benefit) provision for income taxes   4,985   12,081
Net loss   $ (14,009)   $ (11,529)
Net loss per common share:        
Basic (in dollars per share)   $ 0   $ 0
Diluted (in dollars per share)   $ 0   $ 0
Weighted average shares outstanding        
Basic (in shares)   0   0
Diluted (in shares)   0   0