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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]        
Net sales $ 112,932 $ 133,231 $ 266,443 $ 310,259
Cost of sales 82,945 99,768 199,631 240,468
Gross profit 29,987 33,463 66,812 69,791
Selling, general and administrative expenses 21,654 28,718 65,140 85,995
Restructuring expenses 604 1,050 3,399 3,177
Impairment of goodwill 0 0 0 1,390
Operating income (loss) 7,729 3,695 (1,727) (20,771)
Interest expense (income), net 798 784 2,447 1,480
Other expense (income), net (649) (154) (1,725) (437)
Income (loss) before income taxes 7,580 3,065 (2,449) (21,814)
Income tax expense 339 9,835 1,076 8,342
Net income (loss) $ 7,241 $ (6,770) $ (3,525) $ (30,156)
Net income (loss) per common share, basic (in dollars per share) $ 0.82 $ (0.77) $ (0.40) $ (3.35)
Net income (loss) per common share, diluted (in dollars per share) $ 0.81 $ (0.77) $ (0.40) $ (3.35)
Weighted average basic shares outstanding (in shares) 8,880 8,845 8,865 9,007
Weighted average diluted shares outstanding (in shares) 8,902 8,845 8,865 9,007
Net income (loss) $ 7,241 $ (6,770) $ (3,525) $ (30,156)
Currency translation adjustments:        
Currency translation adjustments 449 (183) (70) (1,149)
Total currency translation gain (loss) 449 (183) (70) (1,149)
Pension and postretirement benefits:        
Net income arising from pension and postretirement benefits, net of tax $9 for the three- and nine months ended December 31, 2019 28 0 28 0
Interest rate swap agreement:        
Fair value adjustment, net of tax $(185) for the three months, and $(87) for the nine months ended December 31, 2018 0 (585) 0 (109)
Other comprehensive income (loss), net: 477 (768) (42) (1,258)
Comprehensive income (loss) $ 7,718 $ (7,538) $ (3,567) $ (31,414)