v3.24.2.u1
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
NET SALES $ 98,258 $ 99,822 $ 211,164 $ 210,267
COST OF GOODS SOLD 60,220 62,250 128,977 128,936
GROSS MARGIN 38,038 37,572 82,187 81,331
OPERATING EXPENSES 33,530 35,370 69,695 74,974
INCOME FROM OPERATIONS 4,508 2,202 12,492 6,357
INTEREST EXPENSE AND OTHER – net (6,131) (5,630) (10,785) (10,294)
(LOSS) INCOME BEFORE INCOME TAX EXPENSE (1,623) (3,428) 1,707 (3,937)
INCOME TAX (BENEFIT) EXPENSE (380) (713) 399 (823)
NET (LOSS) INCOME $ (1,243) $ (2,715) $ 1,308 $ (3,114)
(LOSS) INCOME PER SHARE        
Basic (in dollars per share) $ (0.17) $ (0.37) $ 0.18 $ (0.42)
Diluted (in dollars per share) $ (0.17) $ (0.37) $ 0.18 $ (0.42)
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING        
Basic (in shares) 7,429 7,354 7,423 7,350
Diluted (in shares) [1] 7,429 7,354 7,466 7,350
[1] Due to a net loss for the six months ended June 30, 2023, zero dilutive restricted share units and stock options are included for the period because the effect would be antidilutive.

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