| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Jun'11 | Jun'10 | Jun'09 |
|---|---|---|---|---|---|---|---|---|---|---|
Sales | ||||||||||
362,745 | 376,089 | 347,448 | 318,263 | 327,604 | 313,403 | 323,264 | 334,335 | 247,915 | 201,971 | 291,812 |
Cost of sales | ||||||||||
286,213 | 292,490 | 271,432 | 252,980 | 269,071 | 284,972 | 302,025 | 309,312 | 225,038 | 171,427 | 325,914 |
Sales | ||||||||||
- | - | - | - | 345,887 | 338,352 | 334,070 | 338,232 | 248,189 | - | - |
Less: excise taxes | ||||||||||
- | - | - | - | 18,283 | 24,949 | 10,806 | 3,897 | -274 | - | - |
Gross profit | ||||||||||
76,532 | 83,599 | 76,016 | 65,283 | 58,533 | 28,431 | 21,239 | 25,023 | 22,877 | 30,544 | -34,102 |
Selling, general and administrative expenses | ||||||||||
29,290 | 33,451 | 33,107 | 26,693 | 25,683 | 20,101 | 26,202 | 26,536 | 21,157 | 20,708 | 21,401 |
Insurance recoveries (Note 16) | ||||||||||
- | - | - | - | - | 8,290 | 0 | - | - | - | - |
Other operating income, net | ||||||||||
- | - | - | 3,385 | 0 | -1 | -236 | -569 | 1,075 | 287 | 4,694 |
Impairment of long-lived assets | ||||||||||
- | - | - | - | - | - | - | - | - | - | 10,282 |
Severance and early retirement costs | ||||||||||
- | - | - | - | - | - | - | - | - | - | 3,288 |
Loss on joint venture formation | ||||||||||
- | - | - | - | - | - | - | - | - | 2,294 | - |
Other restructuring costs | ||||||||||
- | - | - | - | - | - | - | - | - | - | 5,241 |
Operating income | ||||||||||
47,242 | 50,148 | 42,909 | 41,975 | 32,850 | 16,619 | -5,199 | -944 | 645 | 7,255 | -79,008 |
Gain on sale of equity method investment | ||||||||||
0 | 0 | 11,381 | 0 | 0 | - | - | - | - | - | - |
Equity method investment loss | ||||||||||
0 | 0 | -348 | 4,036 | 6,102 | 10,137 | -204 | -301 | -1,540 | -2,173 | -114 |
Gain on sale of joint venture interest | ||||||||||
- | - | - | - | - | - | - | 4,055 | - | - | - |
Other income (expense), net | ||||||||||
- | - | - | - | - | - | - | - | 8 | 645 | 112 |
Interest expense, net and other | ||||||||||
1,305 | 1,168 | 1,184 | 1,294 | 534 | 816 | 1,118 | 868 | 358 | 1,757 | 2,901 |
Income before income taxes | ||||||||||
45,937 | 48,980 | 52,758 | 44,717 | 38,418 | 25,940 | -6,521 | 1,942 | -1,245 | 3,970 | -81,911 |
Income tax expense (benefit) | ||||||||||
7,144 | 11,696 | 10,935 | 13,533 | 12,227 | 2,265 | -714 | 318 | 68 | -4,768 | -12,788 |
Net income (loss) from continuing operations | ||||||||||
- | - | - | - | - | - | -5,807 | 1,624 | - | - | - |
Discontinued operations, net of tax (Note 11) | ||||||||||
- | - | - | - | - | - | 878 | 0 | - | - | - |
Net income | ||||||||||
38,793 | 37,284 | 41,823 | 31,184 | 26,191 | 23,675 | -4,929 | 1,624 | -1,313 | 8,738 | -69,123 |
Income attributable to participating securities | ||||||||||
253 | 708 | 996 | 954 | 873 | 832 | - | - | - | - | - |
Net income attributable to common shareholders and used in earnings per share calculation | ||||||||||
38,540 | 36,576 | 40,827 | 30,230 | 25,318 | 22,843 | - | - | - | - | - |
Share information: | ||||||||||
Basic and diluted weighted average common shares (in shares) | ||||||||||
17,012 | 16,866 | 16,746 | 16,643 | 17,123 | - | - | - | - | - | - |
Diluted weighted average common shares (in shares) | ||||||||||
- | - | - | - | - | 17,305 | - | - | - | - | - |
Basic and diluted earnings (loss) per share | ||||||||||
Income from continuing operations (in dollars per share) | ||||||||||
- | - | - | - | - | - | -0.34 | 0.09 | - | - | - |
Income from discontinued operations (in dollars per share) | ||||||||||
- | - | - | - | - | - | 0.05 | 0.00 | - | - | - |
Basic and diluted earnings per common share (in dollars per share) | ||||||||||
2.27 | 2.17 | 2.44 | 1.82 | 1.48 | 1.32 | -0.29 | 0.09 | - | - | - |
Total basic earnings (loss) per common share (in Dollars per share) | ||||||||||
- | - | - | - | - | - | - | - | -0.08 | 0.52 | -4.17 |
Total diluted earnings (loss) per common share (in Dollars per share) | ||||||||||
- | - | - | - | - | - | - | - | -0.08 | 0.51 | -4.17 |
Dividends and dividend equivalents per common share (in dollars per share) | ||||||||||
- | - | - | 0.12 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | - | - |