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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Income Statement [Abstract]      
Net sales $ 165,989 $ 157,643 $ 170,065
Cost of sales (excluding amortization, shown separately below) 48,956 42,217 45,049
Gross profit 117,033 115,426 125,016
Research and development expenses 12,931 12,357 14,112
Selling, general and administrative expenses 52,609 53,860 59,446
Amortization of intangibles 42,985 43,731 81,119
Impairment of goodwill 6,380 0 0
Impairment of assets 0 0 11,424
Change in fair value of contingent consideration 0 0 (330)
Grant income 0 (2,974) 0
Operating income (loss) 2,128 8,452 (40,755)
Other income 14,046 1,491 13
Debt modification and extinguishment expenses 0 (5,028) 0
Gain (loss) on foreign currency exchange 2,096 (2,836) (4,127)
Interest expense, net (21,774) (23,669) (33,784)
Loss before income taxes (3,504) (21,590) (78,653)
Income tax expense (benefit) 2,578 31,376 (24,500)
Net loss before non-controlling interest (6,082) (52,966) (54,153)
Less: Net (loss) income attributable to redeemable non-controlling interest (659) 745 (562)
Net loss attributable to AgroFresh Solutions, Inc. (5,423) (53,711) (53,591)
Less: Dividends on convertible preferred stock 24,921 10,488 0
Net loss attributable to AgroFresh Solutions, Inc. common stockholders $ (30,344) $ (64,199) $ (53,591)
Net loss per share:      
Basic (in dollars per share) $ (0.59) $ (1.26) $ (1.07)
Diluted (in dollars per share) $ (0.59) $ (1.26) $ (1.07)
Weighted average shares outstanding:      
Basic (in shares) 51,410 50,770 50,124
Diluted (in shares) 51,410 50,770 50,124