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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 220,860 $ 219,612 $ 621,749 $ 649,748
Costs of sales 183,775 184,546 505,987 544,707
Gross profit 37,085 35,066 115,762 105,041
Selling, general and administrative expense 46,132 37,050 142,182 105,275
Transaction, restructuring and integration expense 2,538 3,137 9,901 12,682
Impairment charges 1,165   1,996  
(Gain) loss on disposal of property, plant and equipment (8) 248 965 1,145
Total operating expenses 49,827 40,435 155,044 119,102
Loss from operations (12,742) (5,369) (39,282) (14,061)
Interest expense 6,889 7,803 21,921 21,216
Change in fair value of warrant liabilities (5,481) (25,105) (7,134) (18,833)
Other, net (10) 510 223 1,323
(Loss) income before income taxes and equity in earnings from unconsolidated entities (14,140) 11,423 (54,292) (17,767)
Income tax expense (benefit) 84 (5,212) 1,254 (3,331)
Equity in (earnings) loss from unconsolidated entities 35 14 145 80
Net (loss) income (14,259) 16,621 (55,691) (14,516)
Net loss attributable to non-controlling interest       15
Net (loss) income attributable to shareholders (14,259) 16,621 (55,691) (14,531)
Participating securities' share in earnings   (3,912)    
Accretion of Series A Convertible Preferred Shares 88 93 262 (249)
Net (loss) income attributable to common shareholders $ (14,171) $ 12,802 $ (55,429) $ (14,780)
(Loss) earnings per common share:        
Basic (in dollars per share) $ (0.16) $ 0.15 $ (0.63) $ (0.19)
Diluted (in dollars per share) $ (0.16) $ 0.15 $ (0.63) $ (0.19)
Weighted-average number of shares outstanding:        
Basic (in shares) 88,540 83,437 88,320 78,203
Diluted (in shares) 88,540 107,080 88,320 78,203