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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 48,972 $ 68,698 $ 109,095 $ 125,470
Cost of sales (excluding amortization, shown separately below) 13,892 16,662 31,516 32,910
Gross profit 35,080 52,036 77,579 92,560
Research and development expenses 2,566 3,491 9,720 10,293
Selling, general, and administrative expenses 14,998 18,212 47,044 50,133
Amortization of intangibles 11,754 12,002 35,136 34,342
Impairment of long lived assets 0 0 992 0
Change in fair value of contingent consideration (229) 307 128 543
Operating income (loss) 5,991 18,024 (15,441) (2,751)
Other (expense) income (81) (189) (119) 419
Gain (loss) on foreign currency exchange 54 (4,731) (2,884) 472
Interest expense, net (8,606) (9,132) (26,021) (26,250)
(Loss) income before income taxes (2,642) 3,972 (44,465) (28,110)
Income taxes (benefit) expense (5,653) 1,018 (12,530) 214
Net income (loss) including non-controlling interests 3,011 2,954 (31,935) (28,324)
Less: Net loss attributable to non-controlling interests (278) (516) (336) (442)
Net income (loss) attributable to AgroFresh Solutions, Inc $ 3,289 $ 3,470 $ (31,599) $ (27,882)
Net income (loss) per share:        
Basic (in dollars per share) $ 0.06 $ 0.06 $ (0.64) $ (0.57)
Diluted (in dollars per share) $ 0.06 $ 0.06 $ (0.64) $ (0.57)
Weighted average shares outstanding:        
Basic (in shares) 50,227,590 49,853,181 50,138,835 49,671,648
Diluted (in shares) 50,288,304 50,309,979 50,138,835 49,671,648