Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF OPERATIONS

v3.6.0.2
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Net sales $ 341,159 $ 324,705 $ 366,367
Cost of sales (90,937) (85,345) (91,584)
Gross profit 250,222 239,360 274,783
Operating expenses:      
Volume incentives 119,910 117,786 135,808
Selling, general and administrative 120,273 107,702 119,927
Operating income 10,039 13,872 19,048
Other income (expense):      
Interest and other income (expense), net 591 1,486 (72)
Interest expense (16) (130) (187)
Foreign exchange gains (losses), net (1,348) (1,948) 225
Other income (expense), net (773) (592) (34)
Income from continuing operations before provision for income taxes 9,266 13,280 19,014
Provision (benefit) for income taxes 8,591 1,740 (743)
Net income from continuing operations 675 11,540 19,757
Income (loss) from discontinued operations 0 2,116 (9,957)
Net income 675 13,656 9,800
Net loss attributable to noncontrolling interests (1,464) (1,031) (219)
Net income attributable to common shareholders $ 2,139 $ 14,687 $ 10,019
Basic earnings (loss) per share attributable to common shareholders:      
Net income from continuing operations (in dollars per share) $ 0.11 $ 0.67 $ 1.15
Income (loss) from discontinued operations (in dollars per share) 0.00 0.11 (0.57)
Net Income (loss) per common share attributable to shareholders (in dollars per share) 0.11 0.79 0.58
Diluted earnings (loss) per share attributable to common shareholders:      
Net income from continuing operations (in dollars per share) 0.11 0.66 1.12
Income (loss) from discontinued operations (in dollars per share) 0.00 0.11 (0.56)
Net Income (loss) per common share attributable to shareholders (in dollars per share) $ 0.11 $ 0.77 $ 0.56
Weighted average basic common shares outstanding (in shares) 18,731 18,656 17,108
Weighted average diluted common shares outstanding (in shares) 19,056 19,177 17,641
Dividends declared per common share (in dollars per share) $ 0.40 $ 0.4 $ 1.9