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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net sales $ 109,217 $ 114,287 $ 387,494 $ 461,096
Cost of sales 117,162 117,673 345,746 386,845
Gross (loss) profit (7,945) (3,386) 41,748 74,251
Selling, general and administrative expense 10,042 8,512 31,883 27,815
Other expense (income), net 6,436 (2,399) 8,625 (2,096)
Operating (loss) income (24,423) (9,499) 1,240 48,532
Interest expense, net 8,115 7,165 26,229 31,213
Gain on extinguishment of debt     (3,013) (8,644)
Non-operating other income, net (2,674) (3,689) (9,143) (10,929)
(Loss) income before provision for income taxes (29,864) (12,975) (12,833) 36,892
(Benefit) provision for income taxes (4,482) (5,249) (2,629) 3,622
Net (loss) income $ (25,382) $ (7,726) $ (10,204) $ 33,270
Basic:        
Net (loss) income $ (0.35) $ (0.10) $ (0.14) $ 0.44
Diluted:        
Net (loss) income $ (0.35) $ (0.10) $ (0.14) $ 0.44