Operations and Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Property Plant and Equipment Useful Life

Property, plant and equipment are stated at cost and depreciated using the straight-line method over the following estimated useful lives:

Building and improvements	12 to 40 years
Leasehold improvements	Shorter of life of asset or life of lease
Machinery and equipment	2 to 15 years

Schedule of Calculation of Basic and Diluted Earnings (Loss) Per Share

The following table sets forth the computation of basic and diluted earnings (loss) per share at December 31, 2022, 2021 and 2020, respectively: 

	Year Ended December 31, 2022
	Basic EPS		Adjustments	Diluted EPS
Net loss	$	(80,582)	—	$	(80,582)
Weighted average shares outstanding	30,040		—	30,040
Stock compensation	—		—	—
Warrants	—		—	—
Convertible notes	—		—	—
	30,040		—	30,040
EPS	$	(2.68)		$	(2.68)

	Year Ended December 31, 2021
	Basic EPS		Adjustments	Diluted EPS
Net income	$	62,542	—	$	62,542
Weighted average shares outstanding	29,162		—	29,162
Stock compensation	—		1,275	1,275
Warrants	—		506	506
Convertible notes	—		1,273	1,273
	29,162		3,054	32,216
EPS	$	2.14		$	1.94

	Year Ended December 31, 2020
	Basic EPS		Adjustments	Diluted EPS
Net income	$	9,517	—	$	9,517
Weighted average shares outstanding	28,581		—	28,581
Stock compensation	—		883	883
Warrants	—		—	—
Convertible notes	—		—	—
	28,581		883	29,464
EPS	$	0.33		$	0.32

Schedule of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss consists of the following:

	Cash Flow Hedging Gain (Loss)		Pension Liability		Foreign Currency Translation Adjustments		Accumulated Other Comprehensive Loss
Balance, December 31, 2019	$	493	$	(31,691)	$	(28,079)	$	(59,277)
Other comprehensive income (loss) before reclassifications, net of tax	(5,393)		(7,068)		6,963		(5,498)
Amounts reclassified from accumulated other comprehensive income (loss) before tax(a)	(1,378)		2,821		—		1,443
Income tax	333		(682)		—		(349)
Net current-period other comprehensive income (loss)	(6,438)		(4,929)		6,963		(4,404)
Balance, December 31, 2020	$	(5,945)	$	(36,620)	$	(21,116)	$	(63,681)
Other comprehensive income (loss) before reclassifications, net of tax	6,560		4,426		(7,072)		3,914
Amounts reclassified from accumulated other comprehensive income (loss) before tax(a)	4,010		3,327		—		7,337
Income tax	(969)		(804)		—		(1,773)
Net current-period other comprehensive income (loss)	9,601		6,949		(7,072)		9,478
Balance, December 31, 2021	$	3,656	$	(29,671)	$	(28,188)	$	(54,203)
Other comprehensive income (loss) before reclassifications, net of tax	10,981		3,961		(8,418)		6,524
Amounts reclassified from accumulated other comprehensive income (loss) before tax(a)	(16,024)		2,589		—		(13,435)
Income tax	3,884		(628)		—		3,256
Net current-period other comprehensive income (loss)	(1,159)		5,922		(8,418)		(3,655)
Balance, December 31, 2022	$	2,497	$	(23,749)	$	(36,606)	$	(57,858)

(a) The cash flow hedging gain (loss) and pension liability accumulated other comprehensive income (loss) components are included in sales or cost of sales and as a component of net periodic pension cost, respectively. Refer to Note 16 and Note 13, respectively, for further details.