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Condensed Consolidated Statements of Operations (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 $ 77,425 $ 85,266 $ 233,081 $ 252,456
Cost of sales 52,615 56,489 154,176 168,400
Gross profit 24,810 28,777 78,905 84,056
Selling and administrative expenses 18,989 21,823 59,374 65,573
Amortization and earnout expenses 2,050 2,166 5,546 6,480
Restructuring expenses 871 729 1,753 968
Acquisition and integration expenses 368   1,067  
Executive transition expenses 1,514   1,514  
Loss on divestitures, net of selling costs       70
Income from operations 1,018 4,059 9,651 10,965
Other (expense) income, net (290) (73) 1,057 95
Interest expense (772) (1,316) (2,739) (4,319)
(Loss) income before income taxes (44) 2,670 7,969 6,741
Income tax expense (benefit) 206 739 1,549 (2,569)
Net (loss) income (250) 1,931 6,420 9,310
Noncontrolling interest 11   11  
Net (loss) income attributable to CECO Environmental Corp. $ (239) $ 1,931 $ 6,431 $ 9,310
(Loss) earnings per share:        
Basic $ (0.01) $ 0.06 $ 0.18 $ 0.27
Diluted $ (0.01) $ 0.05 $ 0.18 $ 0.26
Weighted average number of common shares outstanding:        
Basic 35,358,913 35,070,449 35,263,688 34,944,056
Diluted 35,358,913 35,624,590 35,471,551 35,522,568