XML 15 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Statement of Comprehensive Income [Abstract]        
Net sales $ 79,535 $ 136,113 $ 290,857 $ 433,570
Costs and expenses:        
Cost of materials (exclusive of depreciation) 58,610 103,019 211,806 323,918
Warehouse, processing and delivery expense 13,394 18,759 45,584 59,577
Sales, general and administrative expense 13,515 16,048 41,815 49,027
Depreciation expense 1,921 2,055 6,035 6,306
Impairment of goodwill 2,676 0 2,676 0
Total costs and expenses 90,116 139,881 307,916 438,828
Operating loss (10,581) (3,768) (17,059) (5,258)
Interest expense, net 5,077 10,204 20,146 29,503
Unrealized gain on embedded debt conversion option 0 0 (2,010) 0
Other income, net (342) (697) (2,194) (4,779)
Loss before income taxes (15,316) (13,275) (33,001) (29,982)
Income tax benefit (572) (1,079) (3,163) (1,479)
Net loss $ (14,744) $ (12,196) $ (29,838) $ (28,503)
Basic and diluted loss per common share (in usd per share) $ (0.20) $ (5.49) $ (0.59) $ (13.11)
Comprehensive loss:        
Net loss $ (14,744) $ (12,196) $ (29,838) $ (28,503)
Change in unrecognized pension and postretirement benefit costs, net of tax 25 23 75 69
Foreign currency translation adjustments, net of tax 1,284 (1,068) 372 (1,811)
Comprehensive loss $ (13,435) $ (13,241) $ (29,391) $ (30,245)