| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | |
|---|---|---|---|---|---|---|
Net sales | ||||||
620,837 | 823,611 | 655,892 | 405,747 | 290,641 | 249,087 | |
Cost of sales | ||||||
534,473 | 687,474 | 555,131 | 340,352 | 242,087 | 212,747 | |
Gross profit | ||||||
86,364 | 136,137 | 100,761 | 65,395 | 48,554 | 36,340 | |
Operating expenses: | ||||||
Research and development | ||||||
11,102 | 9,355 | 7,899 | 6,383 | 4,813 | 3,915 | |
Selling, general, and administrative | ||||||
47,270 | 47,448 | 37,802 | 28,126 | 24,729 | 22,465 | |
Amortization of intangible assets | ||||||
13,015 | 15,369 | 8,880 | 7,015 | 6,411 | 6,411 | |
Total operating expenses | ||||||
71,387 | 72,172 | 54,581 | 41,524 | 35,953 | 32,791 | |
Operating income | ||||||
14,977 | 63,965 | 46,180 | 23,871 | 12,601 | 3,549 | |
Interest expense | ||||||
10,647 | 9,987 | 3,277 | 4,370 | 3,831 | 3,118 | |
Other expense (income), net | ||||||
-55 | 241 | 126 | 629 | 46 | -253 | |
Income before income taxes | ||||||
4,275 | 54,219 | 43,029 | 20,130 | 8,816 | 178 | |
Income tax benefit | ||||||
-6,454 | -3,664 | -13,886 | -649 | -3,991 | -5,604 | |
Net income from continuing operations | ||||||
10,729 | 57,883 | 56,915 | 20,779 | 12,807 | 5,782 | |
Discontinued operations: | ||||||
Loss from discontinued operations before taxes | ||||||
- | - | -722 | -4,077 | -7,406 | 132 | |
Income tax benefit from discontinued operations | ||||||
- | - | -261 | 40 | -225 | -254 | |
Net loss from discontinued operations | ||||||
- | - | -461 | -4,117 | -7,181 | 386 | |
Net income | ||||||
10,729 | 57,883 | 56,454 | 16,662 | 5,626 | 6,168 | |
Less: Preferred share dividend | ||||||
- | - | - | - | 22,127 | - | |
Less: Undistributed earnings attributable to preferred shareholders | ||||||
- | - | - | 15,284 | - | 6,165 | |
Net income attributable to ordinary shareholders | ||||||
- | - | - | 1,378 | -16,501 | 3 | |
Net income per share from continuing operations: Basic | ||||||
0.48 | 2.34 | 2.27 | 1.14 | -292.39 | 0.36 | |
Net income per share from continuing operations: Diluted | ||||||
0.47 | 2.30 | 2.17 | 0.87 | -292.39 | 0.16 | |
Net income per share Basic | ||||||
0.48 | 2.34 | 2.25 | 0.92 | -517.68 | 0.36 | |
Net income per share Diluted | ||||||
0.47 | 2.30 | 2.15 | 0.70 | -517.68 | 0.16 | |
Shares used to compute net income per share: | ||||||
Shares used to compute net income per share, Basic | ||||||
- | - | - | 1,503 | 31 | 8 | |
Shares used to compute net income per share, Diluted | ||||||
- | - | - | 1,967 | 31 | 18 | |
Continuing Operations | ||||||
Shares used to compute net income from continuing operations and net income per share: Basic | ||||||
22,418 | 24,706 | 25,118 | 1,503 | 31 | - | |
Shares used to compute net income from continuing operations and net income per share: Diluted | ||||||
22,766 | 25,128 | 26,218 | 1,967 | 31 | - | |