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Consolidated Statements of Operations of Orion Engineered Carbons S.A. (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 202,648 $ 399,016 $ 538,655 $ 783,730
Cost of sales 168,704 294,978 414,518 581,723
Gross profit 33,944 104,038 124,137 202,007
Selling, general and administrative expenses 38,547 52,117 83,066 107,694
Research and development costs 4,449 4,914 9,405 10,043
Other expenses, net 3,826 4,503 7,002 6,978
Restructuring expenses 0 1,034 0 1,123
Income/(loss) from operations (12,879) 41,470 24,664 76,169
Interest and other financial expense, net 8,277 7,566 17,888 14,009
Reclassification of actuarial losses from AOCI 2,654 0 5,052 0
Income/(loss) from operations before income taxes and equity in earnings of affiliated companies (23,810) 33,904 1,724 62,160
Income tax expense/(benefit) (5,879) 9,309 1,756 18,748
Equity in earnings of affiliated companies, net of tax 151 153 285 290
Net income/(loss) $ (17,780) $ 24,748 $ 253 $ 43,702
Weighted-average shares outstanding (in thousands of shares):        
Basic (in shares) 60,487 59,984 60,361 59,752
Diluted (in shares) 61,263 61,125 61,307 61,119
Earnings/(loss) per share:        
Basic (in USD per share) $ (0.30) $ 0.41 $ 0 $ 0.73
Diluted (in USD per share) (0.29) 0.40 0 0.72
Dividends per share (in USD per share) $ 0 $ 0.20 $ 0.20 $ 0.40