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CONSOLIDATED STATEMENTS OF (LOSS) INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net sales $ 170,065 $ 178,786 $ 164,026
Cost of sales (excluding amortization, shown separately below) 45,049 46,271 32,655
Gross profit 125,016 132,515 131,371
Research and development expenses 14,112 13,873 13,779
Selling, general, and administrative expenses 59,446 65,770 61,847
Amortization of intangibles 81,119 45,946 41,910
Impairment of assets 11,424 2,600 0
Change in fair value of contingent consideration (330) (3,018) (26,948)
Operating (loss) income (40,755) 7,344 40,783
Other income 13 429 611
(Loss) gain on foreign currency exchange (4,127) (1,722) 13,344
Interest expense, net (33,784) (34,451) (35,755)
(Loss) Income before income taxes (78,653) (28,400) 18,983
(Benefit) provision for income taxes (17,143) 1,840 (4,579)
Net (loss) income including non-controlling interests (61,510) (30,240) 23,562
Less: Net loss (income) attributable to non-controlling interests 678 180 (91)
Net (loss) income attributable to AgroFresh Solutions, Inc $ (60,832) $ (30,060) $ 23,471
(Loss) income per common share attributable to AgroFresh stockholders:      
Basic (in dollars per share) $ (1.21) $ (0.60) $ 0.47
Diluted (in dollars per share) $ (1.21) $ (0.60) $ 0.47
Weighted average shares outstanding:      
Basic (in shares) 50,123,565 49,883,739 49,808,600
Diluted (in shares) 50,123,565 49,883,739 50,191,303