Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]        
Net sales $ 91,266 $ 81,344 $ 178,608 $ 164,442
Cost of sales 24,278 21,197 46,991 42,925
Gross profit 66,988 60,147 131,617 121,517
Operating expenses:        
Volume incentives 31,492 28,288 62,854 57,271
Selling, general and administrative 33,310 31,836 65,696 62,172
Operating income 2,186 23 3,067 2,074
Other income (loss), net (1,807) 441 (1,067) 1,716
Income before provision for income taxes 379 464 2,000 3,790
Provision for income taxes 441 884 1,729 2,347
Net loss (62) (420) 271 1,443
Net loss attributable to noncontrolling interests (129) (233) (294) (530)
Net income (loss) attributable to common shareholders $ 67 $ (187) $ 565 $ 1,973
Basic and diluted net income (loss) per common share:        
Basic earnings (loss) per share attributable to common shareholders (in dollars per share) $ 0.00 $ (0.01) $ 0.03 $ 0.10
Diluted earnings (loss) per share attributable to common shareholders (in dollars per share) $ 0.00 $ (0.01) $ 0.03 $ 0.10
Weighted average basic common shares outstanding (in shares) 19,105 18,876 19,058 18,861
Weighted average diluted common shares outstanding (in shares) 19,402 18,876 19,408 19,251
Dividends declared per common share (in dollars per share) $ 0 $ 0 $ 0 $ 0.1