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Consolidated Statements of Operations of Orion Engineered Carbons S.A. (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 282,036 $ 370,195 $ 820,691 $ 1,153,925
Cost of sales 202,854 271,481 617,372 853,204
Gross profit 79,182 98,714 203,319 300,721
Selling, general and administrative expenses 43,155 49,636 126,221 157,330
Research and development costs 7,352 4,793 16,757 14,836
Other expenses, net 4,527 3,189 11,529 10,167
Restructuring expenses 0 2,710 0 3,833
Income from operations 24,147 38,386 48,811 114,555
Interest and other financial expense, net 10,769 6,500 28,657 20,509
Reclassification of actuarial losses from AOCI 2,272 0 7,325 0
Income from operations before income tax expense and equity in earnings of affiliated companies 11,106 31,886 12,830 94,046
Income tax expense/(benefit) 2,250 7,767 4,006 26,515
Equity in earnings of affiliated companies, net of tax 141 134 426 424
Net income $ 8,997 $ 24,253 $ 9,250 $ 67,955
Weighted-average shares outstanding (in thousands of shares):        
Basic (in shares) 60,487 60,212 60,408 59,907
Diluted (in shares) 61,259 61,453 61,296 61,231
Earnings/(loss) per share:        
Basic (in USD per share) $ 0.15 $ 0.40 $ 0.15 $ 1.13
Diluted (in USD per share) 0.15 0.39 0.15 1.11
Dividends per share (in USD per share) $ 0 $ 0.20 $ 0.20 $ 0.60