v3.22.2
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 362,189 $ 298,110 $ 670,307 $ 516,844
Cost of goods sold 353,345 282,877 656,690 487,774
Gross profit 8,844 15,233 13,617 29,070
Selling, general and administrative expenses 8,996 7,230 16,625 14,244
Asset impairments 1,900 3,100
Income (loss) from operations (152) 6,103 (3,008) 11,726
Interest expense, net (319) (1,045) (519) (2,930)
Income from cash grant 22,652 22,652
Income from loan forgiveness 3,887 3,887
Other income (expense), net (66) (555) 388 385
Income before provision for income taxes 22,115 8,390 19,513 13,068
Provision for income taxes
Net income 22,115 8,390 19,513 13,068
Preferred stock dividends (315) (315) (627) (627)
Income allocated to participating securities (284) (108) (251) (167)
Net income available to common stockholders $ 21,516 $ 7,967 $ 18,635 $ 12,274
Net income per share, basic (in Dollars per share) $ 0.29 $ 0.11 $ 0.26 $ 0.17
Net income per share, diluted (in Dollars per share) $ 0.29 $ 0.11 $ 0.26 $ 0.17
Weighted-average shares outstanding, basic (in Shares) 72,936 71,260 71,690 70,808
Weighted-average shares outstanding, diluted (in Shares) 73,123 71,929 71,958 71,961

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