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Condensed Consolidated Statement of Comprehensive Income (Loss) - USD ($)
shares in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Statement of Comprehensive Income [Abstract]        
Net Sales $ 246,152,000 $ 233,517,000 $ 483,212,000 $ 465,240,000
Cost of products sold 178,806,000 168,495,000 349,349,000 335,073,000
Gross Profit 67,346,000 65,022,000 133,863,000 130,167,000
Selling, general and administrative expenses 73,763,000 75,721,000 145,027,000 148,234,000
Charges related to restructuring activities 344,000 4,987,000 745,000 8,270,000
Operating Income (Loss) (6,761,000) (15,686,000) (11,909,000) (26,337,000)
Loss (gain) on Convertible Debt Derivatives (21,000) 1,051,000 (124,000) 150,000
Interest expense 6,964,000 4,645,000 13,926,000 9,163,000
Interest income (136,000) (49,000) (385,000) (137,000)
Loss Before Income Taxes (13,568,000) (21,333,000) (25,326,000) (35,513,000)
Income tax provision 2,975,000 2,175,000 5,325,000 4,775,000
Net Loss $ (16,543,000) $ (23,508,000) $ (30,651,000) $ (40,288,000)
Dividends Declared per Common Share $ 0.0125 $ 0.0125 $ 0.0250 $ 0.0250
Net Earnings (Loss) per Share—Basic        
Net Loss per Share—Basic $ (0.50) $ (0.72) $ (0.93) $ (1.23)
Weighted Average Shares Outstanding—Basic 33,169 32,833 33,040 32,654
Net Earnings (Loss) per Share—Assuming Dilution        
Net Loss per Share—Assuming Dilution [1] $ (0.50) $ (0.72) $ (0.93) $ (1.23)
Weighted Average Shares Outstanding—Assuming Dilution 33,996 33,193 33,867 32,947
Other comprehensive income (loss):        
Foreign currency translation adjustments $ (23,438,000) $ 26,311,000 $ (11,622,000) $ 27,260,000
Defined Benefit Plans:        
Amortization of prior service costs and unrecognized gains (loss) 290,000 (426,000) 243,000 (721,000)
Deferred tax adjustment resulting from defined benefit plan activity 33,000 15,000 (49,000) 12,000
Valuation reserve (reversal) associated with defined benefit plan activity (33,000) (15,000) 49,000 (12,000)
Current period unrealized gain (loss) on cash flow hedges 1,966,000 (1,907,000) 1,719,000 (1,276,000)
Deferred tax benefit (loss) related to unrealized gain (loss) on cash flow hedges (261,000) 271,000 (151,000) 105,000
Other Comprehensive Income (Loss) (21,443,000) 24,249,000 (9,811,000) 25,368,000
Comprehensive Income (Loss) $ (37,986,000) $ 741,000 $ (40,462,000) $ (14,920,000)
Net Sales, as a Percent of Net Sales 100.00% 100.00% 100.00% 100.00%
Cost of Products Sold, as a Percent of Net Sales 72.60% 72.20% 72.30% 72.00%
Gross Profit, as a Percent of Net Sales 27.40% 27.80% 27.70% 28.00%
Selling, general and administrative expenses, as a Percent of Net Sales 30.00% 32.40% 30.00% 31.90%
Charges related to restructuring activities, as a Percent of Net Sales 0.10% 2.10% 0.20% 1.80%
Operating Gain (Loss), as a Percent of Net Sales (2.70%) (6.70%) (2.50%) (5.70%)
Net loss (gain) on convertible debt derivatives, as a Percent of Net Sales 0.00% 0.50% 0.00% 0.00%
Interest expense, as a Percent of Net Sales 2.80% 2.00% 2.90% 2.00%
Interest income, as a Percent of Net Sales (0.10%) 0.00% (0.10%) 0.00%
Gain (loss) Before Income Taxes, as a Percent of Net Sales (5.50%) (9.10%) (5.20%) (7.60%)
Income Tax Provision, as a Percent of Net Sales 1.20% 0.90% 1.10% 1.00%
Net Gain (Loss), as a percent of Net Sales (6.70%) (10.10%) (6.30%) (8.70%)
[1] Net loss per common share assuming dilution calculated utilizing weighted average shares outstanding-basic for the periods in which there was a net loss.