Quarterly report pursuant to Section 13 or 15(d)

CONSLIDATED STATEMENT OF OPERATIONS

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CONSLIDATED STATEMENT OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
CONSOLIDATED STATEMENTS OF OPERATIONS    
Net sales $ 441,363 $ 414,024
Cost of sales 339,735 324,569
Gross profit 101,628 89,455
Selling, general, and administrative expense (exclusive of significant legal settlement, shown separately below) 75,091 69,688
Significant legal settlement (See Note 8 – Other Commitments & Contingencies) 30,000  
Operating (loss) profit (3,463) 19,767
Other income (expense), net:    
Interest expense (1,370) (1,673)
Other, net 107 75
Other expense, net (1,263) (1,598)
(Loss) income from continuing operations before income taxes (4,726) 18,169
Income tax benefit (expense) from continuing operations 3,016 (7,053)
(Loss) income from continuing operations (1,710) 11,116
Net (loss) income $ (1,710) $ 11,116
Basic:    
(Loss) income from continuing operations $ (0.05) $ 0.29
Net (loss) income (0.05) 0.29
Diluted:    
(Loss) income from continuing operations (0.05) 0.29
Net (loss) income $ (0.05) $ 0.29