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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (UNAUDITED) - USD ($)
$ 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 $ 521,261 $ 564,906 $ 1,531,609 $ 1,639,689
Cost of goods sold 366,846 393,111 1,069,381 1,143,397
Gross profit 154,415 171,795 462,228 496,292
Operating expenses:        
Selling, general and administrative expenses 115,125 123,907 344,479 363,872
Depreciation and amortization 19,413 20,218 57,920 60,911
Total operating expenses 134,538 144,125 402,399 424,783
Income from operations 19,877 27,670 59,829 71,509
Interest expense (6,463) (9,118) (21,349) (26,015)
Gain on legal settlement 0 0 8,556 0
Other income (expense), net 436 (89) (39) (4)
Income before income taxes 13,850 18,463 46,997 45,490
Income tax expense 2,049 5,754 10,963 13,232
Income from continuing operations 11,801 12,709 36,034 32,258
Loss on sale of discontinued operations, net of tax 0 (11) 0 (1,401)
Net income $ 11,801 $ 12,698 $ 36,034 $ 30,857
Earnings per share data:        
Earnings from continuing operations per share - basic (in dollars per share) $ 0.27 $ 0.30 $ 0.83 $ 0.75
Earnings from continuing operations per share - diluted (in dollars per share) 0.27 0.30 0.83 0.75
Loss from discontinued operations per share - basic (in dollars per share) 0 0 0 (0.03)
Loss from discontinued operations per share - diluted (in dollars per share) 0 0 0 (0.03)
Earnings per share - basic (in dollars per share) 0.27 0.30 0.83 0.72
Earnings per share - diluted (in dollars per share) $ 0.27 $ 0.30 $ 0.83 $ 0.72
Weighted average shares outstanding:        
Basic (in shares) 43,206,505 42,988,829 43,152,229 42,969,797
Diluted (in shares) 43,565,493 43,508,678 43,478,442 43,174,351
Comprehensive income:        
Net income $ 11,801 $ 12,698 $ 36,034 $ 30,857
Foreign currency translation adjustment 1,731 (984) (2,178) 2,317
Unrealized (loss) gain on derivatives, net of taxes of $0 million and $0.1 million, respectively and $0.6 million and $2.2 million, respectively (7) 344 (1,532) (6,436)
Total other comprehensive income (loss) 1,724 (640) (3,710) (4,119)
Total comprehensive income $ 13,525 $ 12,058 $ 32,324 $ 26,738