XML 36 R4.htm IDEA: XBRL DOCUMENT v3.19.3
Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Condensed Consolidated Statements of Comprehensive (Loss) Income        
Net sales $ 1,301,197 $ 1,373,334 $ 3,845,629 $ 4,131,896
Cost of sales (1,237,812) (1,279,976) (3,630,297) (3,849,743)
Gross profit 63,385 93,358 215,332 282,153
Selling, general and administrative expenses (74,993) (83,419) (238,677) (255,705)
Goodwill impairments (122,076)   (244,967)  
Impairments of definite-lived intangible assets (34,173)   (52,152)  
(Loss) income from operations (167,857) 9,939 (320,464) 26,448
Other (expense) income:        
Interest expense (11,659) (10,179) (32,044) (30,998)
Impairment of non-consolidated entities   (286)   (329)
Other 149 574 431 1,385
Total other expense (11,510) (9,891) (31,613) (29,942)
(Loss) income before income taxes (179,367) 48 (352,077) (3,494)
Income tax benefit (expense) 2,087 121 1,034 (750)
Net (loss) income (177,280) 169 (351,043) (4,244)
Other comprehensive (loss) income, net of tax (307) 918 (5,792) (44)
Total comprehensive (loss) income $ (177,587) $ 1,087 $ (356,835) $ (4,288)
(Loss) income per common share, basic and diluted $ (2.35) $ 0.00 $ (4.69) $ (0.06)
Basic (in shares) 75,509,088 74,386,386 74,904,776 74,181,869
Diluted (in shares) 75,509,088 74,741,511 74,904,776 74,181,869