XML 22 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Income Statement [Abstract]      
Net sales $ 326,429,000 $ 192,803,000 $ 158,575,000
Cost of products sold 215,734,000 133,412,000 119,895,000
Gross profit 110,695,000 59,391,000 38,680,000
Costs and expenses:      
General and administrative expenses 38,452,000 27,135,000 22,115,000
Selling and distribution expenses 22,761,000 18,589,000 16,626,000
Amortization of purchased intangible assets 2,944,000 4,060,000 4,011,000
Restructuring expenses 1,114,000 4,283,000 1,202,000
Anti-dumping duty penalties 8,000,000 0 0
Goodwill impairment charge 0 17,584,000 0
Total costs and expenses 73,271,000 71,651,000 43,954,000
Operating income (loss) 37,424,000 (12,260,000) (5,274,000)
Other income (expense):      
Other income (expense), net (1,202,000) (1,376,000) 633,000
Interest expense, net (1,615,000) (1,648,000) (1,067,000)
Income (loss) before income taxes 34,607,000 (15,284,000) (5,708,000)
Income tax provision 4,134,000 3,569,000 797,000
Net income (loss) $ 30,473,000 $ (18,853,000) $ (6,505,000)
Net income (loss) per share:      
Basic (in dollars per share) $ 2.05 $ (1.31) $ (0.46)
Diluted (in dollars per share) $ 2.04 $ (1.31) $ (0.46)
Weighted-average shares outstanding:      
Basic (in shares) 14,529,745 14,346,851 14,126,108
Diluted (in shares) 14,620,635 14,346,851 14,126,108
Dividends declared per common share (in dollars per share) $ 0.08 $ 0.08 $ 0.08