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CONSOLIDATED AND COMBINED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Thousands
5 Months Ended 7 Months Ended 12 Months Ended
Dec. 31, 2015
Jul. 31, 2015
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 111,081   $ 164,026 $ 159,669
Cost of sales (excluding amortization, shown separately below) 91,752   32,655 59,977
Gross profit 19,329   131,371 99,692
Research and development expenses 5,256   13,779 14,767
Selling, general, and administrative expenses 31,317   61,847 61,892
Amortization of intangibles 16,504   41,910 40,327
Impairment of long lived assets 0   0 10,795
Goodwill impairment 0   0 62,373
Change in fair value of contingent consideration (23,692)   (26,948) (53,608)
Operating income (loss) (10,056)   40,783 (36,854)
Other income (expense) (24)   611 (173)
Gain (loss) on foreign currency exchange (387)   13,344 (3,274)
Interest expense, net (23,202)   (35,755) (58,239)
Income (loss) before income taxes (33,669)   18,983 (98,540)
(Benefit) provision for income taxes (19,232)   (4,579) 13,020
Net income (loss) including non-controlling interests (14,437)   23,562 (111,560)
Net income attributable to non-controlling interests 0   (91) 0
Net income (loss) attributable to AgroFresh Solutions, Inc $ (14,437)   $ 23,471 $ (111,560)
Income (loss) per common share attributable to AgroFresh stockholders:        
Basic (in dollars per share) $ (0.29)   $ 0.47 $ (2.26)
Diluted (in dollars per share) $ (0.29)   $ 0.47 $ (2.26)
Weighted average shares outstanding:        
Basic (in shares) 49,691,206   49,808,600 49,462,205
Diluted (in shares) 49,691,206   50,191,303 49,462,205
Predecessor        
Net sales   $ 52,682    
Cost of sales (excluding amortization, shown separately below)   10,630    
Gross profit   42,052    
Research and development expenses   11,599    
Selling, general, and administrative expenses   16,774    
Amortization of intangibles   16,895    
Impairment of long lived assets   0    
Goodwill impairment   0    
Change in fair value of contingent consideration   0    
Operating income (loss)   (3,216)    
Other income (expense)   8    
Gain (loss) on foreign currency exchange   0    
Interest expense, net   0    
Income (loss) before income taxes   (3,208)    
(Benefit) provision for income taxes   10,849    
Net income (loss) including non-controlling interests   (14,057)    
Net income attributable to non-controlling interests   0    
Net income (loss) attributable to AgroFresh Solutions, Inc   $ (14,057)    
Income (loss) per common share attributable to AgroFresh stockholders:        
Basic (in dollars per share)   $ 0.00    
Diluted (in dollars per share)   $ 0.00    
Weighted average shares outstanding:        
Basic (in shares)   0    
Diluted (in shares)   0