XML 58 R2.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Income Statement [Abstract]        
Net sales $ 564,906 $ 542,273 $ 1,639,689 $ 1,528,153
Cost of goods sold 393,111 388,236 1,143,397 1,093,412
Gross profit 171,795 154,037 496,292 434,741
Operating expenses:        
Selling, general and administrative expenses 123,907 113,279 363,872 328,088
Depreciation and amortization 20,218 19,771 60,911 56,922
Total operating expenses 144,125 133,050 424,783 385,010
Income from operations 27,670 20,987 71,509 49,731
Loss on extinguishment of debt 0 (58,475) 0 (58,475)
Interest expense (9,118) (12,576) (26,015) (43,028)
Other (expense) income, net (89) (8) (4) 126
Income (loss) before income taxes 18,463 (50,072) 45,490 (51,646)
Income tax expense (benefit) 5,754 (12,519) 13,232 (13,299)
Income (loss) from continuing operations 12,709 (37,553) 32,258 (38,347)
Income from discontinued operations, net of tax 0 2,772 0 7,913
Loss on sale of discontinued operations, net of tax (11) 0 (1,401) 0
Net income (loss) $ 12,698 $ (34,781) $ 30,857 $ (30,434)
Earnings (loss) per share data:        
Earnings (Loss) from continuing operations per share - basic (in dollars per share) $ 0.30 $ (0.88) $ 0.75 $ (0.89)
Earnings (Loss) from continuing operations per share - diluted (in dollars per share) 0.30 (0.88) 0.75 (0.89)
Earnings (loss) earnings from discontinued operations per share - basic (in dollars per share) 0.00 0.07 (0.03) 0.18
Earnings (loss) earnings from discontinued operations per share - diluted (in dollars per share) 0.00 0.07 (0.03) 0.18
Earnings per share - basic (in dollars per share) 0.30 (0.81) 0.72 (0.71)
Earnings per share - diluted (in dollars per share) $ 0.30 $ (0.81) $ 0.72 $ (0.71)
Weighted average shares outstanding:        
Basic (in shares) 42,988,829 42,894,474 42,969,797 42,889,430
Diluted (in shares) 43,508,678 42,917,230 43,174,351 42,905,273
Comprehensive income (loss):        
Net income (loss) $ 12,698 $ (34,781) $ 30,857 $ (30,434)
Foreign currency translation adjustment (984) 1,481 2,317 (2,724)
Unrealized gain (loss) on derivatives, net of taxes of $0.1 million and $2.2 million respectively 344   (6,436)  
Unrealized gain (loss) on derivatives, net of taxes of $0.5 million and $0.5 million, respectively, before 2017-12 adoption   (1,420)   839
Total other comprehensive (loss) income (640) 61 (4,119) (1,885)
Total comprehensive income (loss) $ 12,058 $ (34,720) $ 26,738 $ (32,319)