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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales:        
Net sales $ 106,908 $ 100,290 $ 209,291 $ 192,468
Net sales to related parties 303 2,292 2,723 4,540
Total net sales 107,211 102,582 212,014 197,008
Operating costs and expenses:        
Costs of products sold (excluding depreciation and amortization) 85,471 85,083 171,843 165,599
Selling and administrative 14,093 10,974 26,280 20,852
Depreciation and amortization 4,354 4,440 8,728 8,927
Loss (gain) on disposal of assets 5 1 (118) (1)
Total operating costs and expenses 103,923 100,498 206,733 195,377
Income from operations 3,288 2,084 5,281 1,631
Other (expense): income:        
Investment-related income 7 2 16 6
Interest expense (2,245) (1,204) (4,316) (2,198)
Other income – net 98 2,433 1,465 3,845
Total other (expense) income (2,140) 1,231 (2,835) 1,653
Income (loss) before income taxes 1,148 3,315 2,446 3,284
Income tax provision (152) (389) (465) (445)
Net income 996 2,926 1,981 2,839
Less: Net income attributable to noncontrolling interest 573 119 882 83
Net income (loss) attributable to Ampco-Pittsburgh $ 423 $ 2,807 $ 1,099 $ 2,756
Net income per share attributable to Ampco-Pittsburgh common shareholders:        
Basic $ 0.02 $ 0.15 $ 0.06 $ 0.14
Diluted $ 0.02 $ 0.14 $ 0.06 $ 0.14
Weighted-average number of common shares outstanding:        
Basic 19,541 19,285 19,504 19,237
Diluted 19,590 19,434 19,587 19,452